NOT LISTED FOR SALE

2332 Highway 1 NE Solon, IA 52333

Estimated Value: $440,000 - $1,319,276

5 Beds
2 Baths
2,672 Sq Ft
$295/Sq Ft Est. Value

Last Sold June 17, 2016

Last sale price $370,000 $138 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $5,271/month

Highlights

  • 20 Acre Lot
  • Deck
  • Wooded Lot
  • Solon Middle School Rated A-
  • Recreation Room
  • Main Floor Primary Bedroom

About This Home

As of June 2016

Great bones on this 1860 farmhouse on 20 Acres in the heart of the Corridor. Unique history of home includes being a Century Farm (100+ Years in same family) and a Stagecoach Stop on “Dillons Furrow”. Great Hwy 1 location halfway between Solon and Iowa City. Ideal horse or hobby/vegetable farm setup. House has been partially rehabbed and ready for final finishes. Beautiful views of the countryside and great future pond location.

Last Agent to Sell the Property

Chris Mottinger

MOTTINGER REAL ESTATE GROUP Listed on: 01/18/2016

Last Buyer's Agent

Chris Mottinger

MOTTINGER REAL ESTATE GROUP Listed on: 01/18/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,896

Year Built

  • 1860

Lot Details

  • 20 Acre Lot
  • Fenced
  • Wooded Lot

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,672 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Great Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Detached Garage
  • Garage Door Opener

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,896

Year Built

1860

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 20.0000
  • Above Grade Finished Sq Ft: 2672
  • Total Bathrooms: 2.00
  • Total Bedrooms: 5
  • City Name: Solon
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 2896
  • List User Cell Phone: 319-329-7653
  • Miscellaneous: Cable Ready, Deck, Fencing, Handicapped Features, Home Warranty, Patio, Satellite Dish, Screen Porch, Storage Shed
  • Net Tax: 2896
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98667
  • Ratio Close Price By Original Li: 0.98667
  • Ratio Current Price By Sq Ft: 138.47
  • Total Sq Ft: 2672
  • Water Sewer Roads: Septic System, Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1860

Interior Features

  • Appliances Included: Dishwasher, Dryer, Garage Door Opener, Hood Fan, Range, Refrigerator, Washer, Water Heater – Electric
  • Additional Room: Great Room, Living Room, Rec Room
  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 4
  • Fireplace Features: Built In, Great Room, Wood Burning
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 4 Or More Cars, Detached

Utilities

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

Schools

  • Elementary School: Solon
  • Middle School: Solon
  • High School: Solon

Lot Info

  • Lot Size: 20 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2016
Closed on
Jun 17, 2016
Sold by
Eco Development Llc
Bought by
Mcgonagill Patrick W and Mcgonagill Dennis Molly
Seller's Agent
Chris Mottinger
MOTTINGER REAL ESTATE GROUP
Buyer's Agent
Chris Mottinger
MOTTINGER REAL ESTATE GROUP
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%
Current Estimated Value
$787,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,569
Avg. Annual Appreciation
8.46%

Purchase Details

Listed on
Jan 18, 2016
Closed on
May 11, 2016
Sold by
Mottinger Chris
Bought by
Eco Development Llc and Legacy Green Builders
Seller's Agent
Chris Mottinger
MOTTINGER REAL ESTATE GROUP
Buyer's Agent
Chris Mottinger
MOTTINGER REAL ESTATE GROUP
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%

Purchase Details

Closed on
Jul 17, 2015
Sold by
Mottinger Anna M and Mottinger Anna Marie
Bought by
Corridor Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.05%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Mcgonagill Patrick W $370,000 None Available
Eco Development Llc -- None Available
Corridor Property Management Llc $195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corridor Property Management Llc $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2016 06/17/16 Sold $370,000 -1.3% $138 / Sq Ft
01/18/2016 01/18/16 For Sale $375,000 -- $140 / Sq Ft
01/12/2016 01/12/16 Pending -- -- --
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 $12,948 $988,600 $189,900 $798,700
2023 $11,806 $988,600 $189,900 $798,700
2022 $11,674 $770,500 $189,900 $580,600
2021 $11,604 $770,500 $189,900 $580,600
2020 $11,604 $730,900 $172,400 $558,500
2019 $3,198 $338,600 $172,400 $166,200
2018 $3,126 $204,700 $86,200 $118,500
2017 $3,172 $204,700 $86,200 $118,500
2016 $2,938 $201,200 $86,200 $115,000
2015 $2,938 $194,600 $86,200 $108,400
2014 $2,896 $190,200 $86,200 $104,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1600350

Cedar Rapids Area Association of REALTORS®

APN: 0806328002