NOT LISTED FOR SALE

2427 Rookwood Ln Marion, IA 52302

Estimated Value: $269,000 - $342,000

2 Beds
2 Baths
1,276 Sq Ft
$80/mo HOA Fee

Last Sold October 29, 2021

Last sale price $231,865 $182 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,095/month

139 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Forced Air Cooling System
  • Linn-Mar High School Rated A-
  • Eat-In Kitchen
  • Patio

About This Home

As of October 2021

Open Houses are hosted at the Model: 2496 Roycroft Alley, Marion. 150-180 day completion. *All selections available. Are you Solar-Ready? We are! Solar panels can be added to any home in Rookwood Estates. The area’s first green community of its kind, featuring Solar-Ready SMART homes plus a neighborhood dog park, playground, natural area with pond and walking trail. Rookwood residents will enjoy these amenities in addition to being within walking distance of a future Linn-Mar Elementary. This spacious Zero Lot ranch will include lawn/snow maintenance and will be fully automated with a Ring doorbell security camera, WIFI thermostat, SMART lighting, SMART entry lock, and a WIFI garage opener. This great layout features a wide-open concept with plank floors, 9ft ceilings throughout plus 10ft trays in the living room and master, large kitchen with quartz tops, stainless-steel appliances, wine cubes, and tile backsplash. The master suite includes a walk-in closet, double vanity, and access to the laundry room/mudroom. The lower level, if finished, offers a huge rec room plus 3rd bedroom/3rd bathroom. We have several ways to customize and upgrade this home! By choosing to add Solar Panels, not only will you save up to $120/month on your electric bill and qualify for available State and Federal tax credits, but you will significantly lower your carbon footprint. Call today to learn more about this home or one of our many other floor plans.

Last Agent to Sell the Property

Stefan Doerrfeld

Twenty40 Real Estate + Development Listed on: 03/16/2021

Last Buyer's Agent

Mark Doerrfeld

Realty87

Realty87

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,690

Year Built

  • 2021

Lot Details

  • 5,227

HOA Fees

  • $80 Monthly HOA Fees

Home Design

  • 1,276 Sq Ft Home
  • Home to be built
  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Laundry on main level
  • Patio
  • Basement

Community Details

Overview

  • Built by Twenty40 Building Concepts

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,690

Year Built

2021

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Style: Ranch
  • Acres: 0.1200
  • Above Grade Finished Sq Ft: 1276
  • Association Fee Frequency: Month
  • Association Management: By Developer, Start Up Fee
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Marion
  • Dining Features: Breakfast Bar, Eat-In Kitchen
  • List User Cell Phone: 319-361-3881
  • Miscellaneous: Patio, Security System
  • New Construction: To Be Built
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00855
  • Ratio Close Price By Original Li: 1.00855
  • Ratio Current Price By Sq Ft: 181.71
  • Total Sq Ft: 1276
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Year Built: 2021

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Electric
  • Additional Room: 1st Floor Laundry
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 2

Exterior Features

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

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 2 Car

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Lawncaresnowremovalincluded
  • Association Fee: 80
  • Association: Yes

Schools

  • Elementary School: Linn Grove
  • Middle School: Excelsior
  • High School: Linn Mar

Lot Info

  • Lot Size: Irregular

Building Info

  • Builder Name: Twenty40 Building Concepts

Rental Info

  • Pets: # Of Pets Allowed, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
Oct 27, 2021
Sold by
Twenty4o Building Concepts Inc
Bought by
Schmidt Crystal R
Seller's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
Buyer's Agent
Mark Doerrfeld
Realty87
List Price
$229,900
Sold Price
$231,865
Premium/Discount to List
$1,965
0.85%
Current Estimated Value
$293,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,030
Avg. Annual Appreciation
6.12%
Original Mortgage
$141,865
Outstanding Balance
$134,048
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$159,847
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
Schmidt Crystal R $232,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Crystal R $141,865
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $231,865 +0.9% $182 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $229,900 -- $180 / 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
2025 $5,690 $310,400 $23,900 $286,500
2024 $4,680 $313,100 $23,900 $289,200
2023 $4,680 $313,100 $23,900 $289,200
2022 $50 $219,800 $23,900 $195,900
2021 $50 $2,400 $2,400 $0
2020 $54 $0 $0 $0
2019 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2101487

Cedar Rapids Area Association of REALTORS®

APN: 10331-81005-00000