NOT LISTED FOR SALE

2620 Pheasant Ridge Ct Unit 2620 Marion, IA 52302

Estimated Value: $162,000 - $190,000

2 Beds
1.5 Baths
1,779 Sq Ft
$98/Sq Ft Est. Value

Last Sold December 23, 2013

Last sale price $98,000 $55 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,292/month

225 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Linn-Mar High School Rated A-
  • Formal Dining Room
  • Forced Air Cooling System

About This Home

As of December 2013

This is a great space in an even greater location! Steps away from the New Novak Elementary! This is a 2 bedroom, with a very large master bedroom... the previous owners used the finished lower level area as a huge master bedroom and office area... the ample storage served as the largest walk in closet ever! There is a gas fireplace in the livingroom, a formal dining area with a pass-through to the ample sized kitchen. There is even a pantry... The laundry is on the second level where the bedrooms are, so no toting baskets up and down stairs! There is a deck in the rear, and the yard is large with great space from the rear neighbors! Add an attached 2 stall and you have it all! Low HOA's and meticulously maintained common areas. This is one to see!

Last Agent to Sell the Property

Doris Ackerman

KW Advantage Listed on: 04/23/2013

KW Advantage

Last Buyer's Agent

Doris Ackerman

KW Advantage Listed on: 04/23/2013

KW Advantage

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,061

Year Built

  • 1995

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Vaulted Ceiling
  • Gas Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on upper level

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,061

Year Built

1995

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Style: Townhouse
  • Above Grade Finished Sq Ft: 1379
  • Association Fee Frequency: Month
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • City Name: Marion
  • Dining Features: Formal Dining
  • Gross Tax: 2061
  • List User Cell Phone: 319-361-2934
  • Low Lvl Fin Sq Ft: 400
  • Miscellaneous: Cable Ready, Deck, Satellite Dish, Vaulted Ceiling
  • Net Tax: 1912
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.89091
  • Ratio Close Price By Original Li: 0.81667
  • Ratio Current Price By Sq Ft: 71.07
  • Total Sq Ft: 1779
  • Tax Roll Number: 113610300201009
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1995

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 2nd Floor Laundry
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 2: 2
  • Fireplace Features: Built In, Gas
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Brick, 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 Fee: 100
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: COMMON

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2013
Closed on
Dec 20, 2013
Sold by
Dietrich Daniel Lee and Dietrich Amber
Bought by
Abel Investments Inc
Seller's Agent
Doris Ackerman
KW Advantage
Buyer's Agent
Doris Ackerman
KW Advantage
List Price
$120,000
Sold Price
$98,000
Premium/Discount to List
-$22,000
-18.33%
Current Estimated Value
$175,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,079
Avg. Annual Appreciation
5.04%
Original Mortgage
$88,825
Outstanding Balance
$58,585
Interest Rate
4.38%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$116,494

Purchase Details

Closed on
Nov 12, 2003
Sold by
Wilkes Sherri L
Bought by
Dietrich Daniel Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
6.01%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 19, 2001
Sold by
Nunez Gilbert M and Ortez Sulema
Bought by
Wilkes Sherri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,875
Interest Rate
7.18%

Purchase Details

Closed on
Jun 15, 2000
Sold by
Frommelt Lori J and Frommelt Dean M
Bought by
Nunez Gilbert M and Ortez Sulema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,772
Interest Rate
8.66%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 1999
Sold by
Blaine Richard Allen
Bought by
Lee Lori J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,500
Interest Rate
6.85%
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
Abel Investments Inc $98,000 None Available
Dietrich Daniel Lee $103,500 --
Wilkes Sherri L $98,500 --
Nunez Gilbert M $98,500 --
Lee Lori J $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abel Investments Inc $88,825
Previous Owner Dietrich Daniel Lee $93,600
Previous Owner Wilkes Sherri L $88,875
Previous Owner Nunez Gilbert M $96,772
Previous Owner Lee Lori J $83,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2013 12/23/13 Sold $98,000 -18.3% $55 / Sq Ft
12/04/2013 12/04/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $120,000 -- $67 / 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 $3,172 $180,900 $16,500 $164,400
2024 $51 $168,700 $16,500 $152,200
2023 $51 $168,700 $16,500 $152,200
2022 $2,976 $140,700 $16,500 $124,200
2021 $2,970 $140,700 $16,500 $124,200
2020 $2,920 $131,800 $16,500 $115,300
2019 $2,762 $131,800 $16,500 $115,300
2018 $2,654 $122,400 $16,500 $105,900
2017 $2,500 $115,800 $16,500 $99,300
2016 $2,500 $115,800 $16,500 $99,300
2015 $2,490 $115,800 $16,500 $99,300
2014 $2,490 $115,800 $16,500 $99,300
2013 $2,378 $115,800 $16,500 $99,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1302813

Cedar Rapids Area Association of REALTORS®

APN: 11361-03002-01009