NOT LISTED FOR SALE

227 5th St N Central City, IA 52214

Estimated Value: $154,000 - $167,184

4 Beds
1 Bath
1,242 Sq Ft
$128/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $126,000 $101 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,068/month

25 Days on Market

Highlights

  • Balcony
  • Covered Deck
  • Ceiling Fan
  • 3 Car Garage
  • Central Air
  • 3-minute walk to Yellow River State Forest

About This Home

As of July 2021

Are you looking for a garage, or home? Or both?! Well you have come to the right place! This home has an attached oversized 1 stall garage and a detached 2 stall garage with a MASSIVE loft! Half of the 2 stall is heated, and has water hook-ups! The large fenced in yard is great for pets, kids, or entertaining at the covered patio or fire pit. Metal roof, newer AC & furnace, remodeled master bedroom of the 2nd floor of the home. All appliances stay!

Last Agent to Sell the Property

Olivia Bates

Iowa Realty - Cedar Rapids License #S65135000 Listed on: 05/06/2021

Iowa Realty - Cedar Rapids

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,513

Year Built

  • Built in 1942

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 108 x 120
  • Fenced
  • Level Lot

Home Design

  • Block Foundation
  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,242 Sq Ft Home
  • Ceiling Fan
  • Fire and Smoke Detector
  • Partially Finished Basement

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Workshop in Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Covered Deck

Schools

  • Central City Elementary And Middle School
  • Central City High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Electric Water Heater
  • Water Softener Leased

Listing and Financial Details

  • Assessor Parcel Number 070311100700000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,513

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Parcel Number: 070311100700000
  • Year Built: 1942
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.298
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Crushed Rock
  • Co List Office Phone: 319-393-4900
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling Fan(s), Ceiling Fan/Light
  • Reso Roof: Metal, Shingle
  • TotalFinishedSquareFootage: 1242
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Dishwasher, Dryer, Disposal, Microwave, Free-Standing Range, Refrigerator, Washer, Electric Water Heater, Water Softener Rented
  • Basement: Block, Partially Finished
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 260
  • BelowGradeArea: 0

Exterior Features

  • Construction Type: Vinyl Siding, Wood Siding
  • Exterior Features: Balcony/Loft, Covered Deck, Fenced Yard

Garage/Parking

  • Parking Features: 3 or More Stalls, Attached Garage, Detached Garage, Garage Door Opener, Oversized, Workshop in Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Gas
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Central City
  • High School: Central City
  • Middle Or Junior School: Central City

Lot Info

  • Zoning: OTHER
  • Lot Dimensions: 108 X 120
  • Lot Size Sq Ft: 12960
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2513

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jul 7, 2021
Sold by
Farris John M and Farris Andrea J
Bought by
Bailey Houston Ray
Seller's Agent
Olivia Bates
Iowa Realty - Cedar Rapids
List Price
$138,900
Sold Price
$126,000
Premium/Discount to List
-$12,900
-9.29%
Current Estimated Value
$159,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,046
Avg. Annual Appreciation
4.64%
Original Mortgage
$113,400
Outstanding Balance
$104,002
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$47,938

Purchase Details

Closed on
May 18, 2015
Sold by
Farris Melvin and Farris Charlene
Bought by
Farris John M and Farris Andrea J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,460
Interest Rate
3.64%
Mortgage Type
FHA

Purchase Details

Closed on
May 13, 2005
Sold by
Thompson Nicholas W and Thompson Abbie L
Bought by
Farris Melvin and Farris Charlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,500
Interest Rate
6.13%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 15, 2001
Sold by
Brock Glenn A and Brock Geneva J
Bought by
Thompson Nicholas W and Thompson Abbie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bailey Houston Ray $126,000 None Available
Farris John M $85,000 Security First Title Co
Farris Melvin $96,500 --
Thompson Nicholas W $84,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Houston Ray $113,400
Previous Owner Farris John M $94,627
Previous Owner Farris John M $83,460
Previous Owner Farris Melvin $96,500
Previous Owner Thompson Nicholas W $80,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2021 07/07/21 Sold $126,000 -5.3% $101 / Sq Ft
06/01/2021 06/01/21 Price Changed $133,000 -4.2% $107 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $138,900 -- $112 / Sq Ft
Source: Northeast Iowa Regional Board 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
2023 $2,410 $131,800 $23,000 $108,800
2022 $2,274 $127,200 $23,000 $104,200
2021 $2,132 $127,200 $23,000 $104,200
2020 $2,132 $114,700 $23,000 $91,700
2019 $1,992 $108,000 $23,000 $85,000
2018 $1,950 $108,000 $23,000 $85,000
2017 $2,075 $104,400 $23,000 $81,400
2016 $2,075 $104,400 $23,000 $81,400
2015 $2,172 $108,900 $23,000 $85,900
2014 $2,172 $108,900 $23,000 $85,900
2013 $2,130 $108,900 $23,000 $85,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20211928

Northeast Iowa Regional Board of REALTORS®

APN: 07031-11007-00000