$387,000
SOLD JUN 21, 2024

221 Driftwood Cir Palo, IA 52324

5 Beds
3.5 Baths
2,720 Sq Ft
0.28 Acres

Recently Sold

$142 Per Sq Ft

3% Below List Price

2 Days on Market

Highlights

  • Above Ground Pool
  • Deck
  • Vaulted Ceiling
  • John F. Kennedy High School Rated A-
  • Recreation Room with Fireplace
  • Ranch Style House

About This Home

As of June 2024

Discover this impeccably updated home, where modern elegance meets functionality in the heart of Palo. Featuring striking new siding, roof, front stone, and fence completed in 2020 & 2021, this residence is the epitome of contemporary living.
Inside, experience the warmth of hickory floors that flow seamlessly throughout the main floor, complemented by sophisticated quartz
kitchen countertops and rich hickory cabinets. Every detail has been thoughtfully considered, including epoxy floors in both the garage and basement, providing durability and a sleek finish.
Step outside to a private oasis where a sparkling pool awaits, surrounded by a separate deck space perfect for leisure and entertainment. Unwind under the pergola or gather around the new stone fireplace on cooler evenings.
The home's utilitarian features have not been overlooked, with updates to the laundry room adding a convenient half bath, while the guest bathroom has been beautifully refreshed. Fresh neutral paint creates a serene and inviting palette throughout the home, and sliding garage screens bring in the comfort of the outdoors.
Looking for a turnkey home in a fantastic area with a plethora of outdoor activities at your doorstep? Don't miss the opportunity to make this stunning house your new haven.
Contact Rhyse Pelley, Realtor today to schedule your private showing and step into the lifestyle you deserve.

Last Agent to Sell the Property

Rhyse Pelley

Twenty40 Real Estate + Development Listed on: 05/21/2024

Last Buyer's Agent

Joelle Henley

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,687

Year Built

  • 2005

Lot Details

  • 0.28 Acre Lot
  • Fenced

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Sound System
  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Recreation Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Above Ground Pool
  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,687

Year Built

2005

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2790
  • Above Grade Finished Sq Ft: 1479
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Palo
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 4687
  • List User Cell Phone: 319-929-5330
  • Low Lvl Fin Sq Ft: 1241
  • Miscellaneous: Above Ground Pool, Cable Ready, Deck, Fencing, Patio, Security System, Sound System, Vaulted Ceiling
  • Net Tax: 4516
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96774
  • Ratio Close Price By Original Li: 0.96774
  • Ratio Current Price By Sq Ft: 261.66
  • Total Sq Ft: 2720
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Family, 1st Floor Laundry, Great Room, Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Living Room, Rec Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Stone, Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, Attached, Heated Garage

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

  • Elementary School: Viola Gibson
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: 12150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2015
Closed on
Oct 26, 2015
Sold by
Payne Joshua J and Payne Vanessa D
Bought by
Klooster Travis B and Klooster Kendra
Seller's Agent
Josie Ashmore
Fathom Realty
Buyer's Agent
Ryan Eighme
Pinnacle Realty LLC
List Price
$228,000
Sold Price
$228,000
Current Estimated Value
$382,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,342
Avg. Annual Appreciation
5.24%
Original Mortgage
$223,870
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
May 13, 2012
Closed on
Jul 23, 2012
Sold by
University Of Iowa Community Cu
Bought by
Payne Joshua J and Payne Vanessa D
Seller's Agent
Carolyn Shay
SKOGMAN REALTY
Buyer's Agent
Tiffany Skogman
SKOGMAN REALTY
List Price
$212,900
Sold Price
$206,000
Premium/Discount to List
-$6,900
-3.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.16%
Original Mortgage
$30,900
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2012
Sold by
Mcleod Jamie and Mcleod Stephanie
Bought by
University Of Iowa Community Credit Unio

Purchase Details

Closed on
Sep 18, 2005
Sold by
Robinson Construction Inc
Bought by
Mcleod Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $228,000 None Available
Warranty Deed $206,000 None Available
Special Warranty Deed -- None Available
Corporate Deed $224,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $85,000 Credit Line Revolving
Open $213,900 New Conventional
Closed $43,500 Credit Line Revolving
Closed $223,682 FHA
Closed $223,870 FHA
Previous Owner $30,900 Purchase Money Mortgage
Previous Owner $106,109 Credit Line Revolving
Previous Owner $35,400 Credit Line Revolving
Previous Owner $47,360 Stand Alone Second
Previous Owner $205,200 Unknown
Previous Owner $22,800 Unknown
Previous Owner $191,250 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $387,000 -3.2% $142 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
05/21/2024 05/21/24 For Sale $399,900 +75.4% $147 / Sq Ft
10/30/2015 10/30/15 Sold $228,000 0.0% $84 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
09/02/2015 09/02/15 For Sale $228,000 +10.7% $84 / Sq Ft
07/26/2012 07/26/12 Sold $206,000 -3.2% $76 / Sq Ft
06/20/2012 06/20/12 Pending -- -- --
05/13/2012 05/13/12 For Sale $212,900 -- $78 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,516 $317,500 $35,100 $282,400
2023 $4,516 $317,500 $35,100 $282,400
2022 $4,578 $241,800 $35,100 $206,700
2021 $4,508 $241,800 $35,100 $206,700
2020 $4,508 $230,100 $35,100 $195,000
2019 $4,146 $213,900 $35,100 $178,800
2018 $4,056 $213,900 $35,100 $178,800
2017 $3,980 $202,100 $35,100 $167,000
2016 $4,006 $202,100 $35,100 $167,000
2015 $4,056 $202,100 $35,100 $167,000
2014 $4,056 $202,100 $35,100 $167,000
2013 $3,972 $202,100 $35,100 $167,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2403528

Cedar Rapids Area Association of REALTORS®

APN: 12204-28022-00000