NOT LISTED FOR SALE

2470 Newcastle Rd Marion, IA 52302

Estimated Value: $455,000 - $528,000

5 Beds
3.5 Baths
4,272 Sq Ft
$115/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $425,000 $99 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,307/month

5 Days on Market

Highlights

  • Recreation Room
  • Vaulted Ceiling
  • Screened Porch
  • Echo Hill Elementary School Rated A
  • Great Room with Fireplace
  • Den

About This Home

As of August 2022

Over 4,000 square feet in highly-desired neighborhood on Newcastle Road! Updates include many new windows and new carpet! This classic two-story greets you with the two-story foyer flanked on either side with a cozy sitting area and formal dining. Neutral tile flooring continues into the kitchen and daily dining area. Off the sitting area is a convenient half bath and den perfect for an in-home office. The great room features plenty of light through the large windows and gas fireplace surrounded by white built-ins. The kitchen features tile backsplash, stainless steel appliances, and a step down to the daily dining room with more windows to enjoy views of the backyard. Sliders off the dining lead to the screened in porch. A large laundry room completes the main level off the garage. Upstairs, you will find the primary suite with huge walk-in closet and en-suite bath with double vanities, soaking tub, separate shower with glass doors, and tile flooring. Three additional bedrooms and a second full bathroom complete the second level. The lower level features a large rec room with theatre area with projector and screen included, 5th bedroom, and 3rd full bathroom. Attached 3 car garage. Security system for peace of mind.

Last Agent to Sell the Property

Debra Callahan

RE/MAX CONCEPTS Listed on: 07/08/2022

RE/MAX CONCEPTS

Last Buyer's Agent

Matt Ford

SKOGMAN REALTY

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,903

Year Built

  • 2006

Lot Details

  • 0.27 Acre Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Screened Porch
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener Leased

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,903

Year Built

2006

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.2700
  • Above Grade Finished Sq Ft: 3042
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 5
  • City Name: Marion
  • Dining Features: Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 7903
  • List User Cell Phone: 319-431-3559
  • Low Lvl Fin Sq Ft: 1230
  • Miscellaneous: Vaulted Ceiling
  • Net Tax: 7709
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97701
  • Ratio Close Price By Original Li: 0.97701
  • Ratio Current Price By Sq Ft: 139.71
  • Total Sq Ft: 4272
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator, Water Heater – Gas, Water Softener – Lease
  • Additional Room: 1st Floor Laundry, Den/Study, Great Room, Rec Room, Screen Porch
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 2: 4
  • Fireplace Features: Built In, Gas, Great Room
  • Level 2 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, Attached

Utilities

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

Schools

  • Elementary School: Echo Hill
  • Middle School: Oak Ridge
  • High School: Linn Mar

Lot Info

  • Lot Size: 11,760

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Aug 24, 2022
Sold by
Nguyen Vuong X and Nguyen Thuy
Bought by
Merchant Katherine E and Merchant Richard C
Seller's Agent
Debra Callahan
RE/MAX CONCEPTS
Buyer's Agent
Matt Ford
SKOGMAN REALTY
List Price
$435,000
Sold Price
$425,000
Premium/Discount to List
-$10,000
-2.3%
Views
5
Current Estimated Value
$492,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,139
Avg. Annual Appreciation
4.77%
Original Mortgage
$417,302
Outstanding Balance
$399,057
Interest Rate
5.54%
Mortgage Type
FHA
Estimated Equity
$93,082

Purchase Details

Closed on
Aug 14, 2006
Sold by
Midwest Development Co
Bought by
Nguyen Vuong X

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.75%
Mortgage Type
Purchase Money 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
Merchant Katherine E $425,000 None Listed On Document
Nguyen Vuong X $357,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merchant Katherine E $417,302
Previous Owner Nguyen Vuong X $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2022 08/26/22 Sold $425,000 -2.3% $99 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $435,000 -- $102 / 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 $8,466 $479,600 $48,500 $431,100
2024 $7,914 $460,700 $48,500 $412,200
2023 $7,914 $460,700 $48,500 $412,200
2022 $7,542 $365,500 $48,500 $317,000
2021 $8,486 $365,500 $48,500 $317,000
2020 $8,486 $385,200 $48,500 $336,700
2019 $7,884 $358,000 $48,500 $309,500
2018 $7,574 $358,000 $48,500 $309,500
2017 $7,762 $359,700 $48,500 $311,200
2016 $7,762 $359,700 $48,500 $311,200
2015 $7,735 $359,700 $48,500 $311,200
2014 $7,548 $359,700 $48,500 $311,200
2013 $7,204 $359,700 $48,500 $311,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2205940

Cedar Rapids Area Association of REALTORS®

APN: 11351-03031-00000