NOT LISTED FOR SALE

2642 Terrace Hill Muscatine, IA 52761

Estimated Value: $718,000 - $872,016

6 Beds
7 Baths
5,738 Sq Ft
$139/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $560,000 $98 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,008/month

155 Days on Market

Highlights

  • Hydromassage or Jetted Bathtub
  • Porch
  • Patio
  • Formal Dining Room
  • 3 Car Attached Garage
  • En-Suite Primary Bedroom

About This Home

As of July 2020

This elegant home was custom built by Mike Stych & is located in Wildwood Subdivision. When entering this home, you will be in awe of the tall ceilings & grand staircase with cherrywood wainscoting. To your left is a formal sitting room/music room & to your right is a formal dining room with white wainscoting and crown molding. Beautiful cherry cabinetry line the kitchen which includes a center island with granite countertop, large breakfast bar & columns that separate the kitchen from the living room. The living room includes a coffered ceiling, large cherrywood built-in wall unit and a gas fireplace. The main level also has 1 bedroom, 3/4 bath, 1/2 bath, sunroom, laundry room, & a built-in wet bar with China hutch located just off the formal dining room. SEE SUPPLEMENT FOR MORE DETAILS.

Last Agent to Sell the Property

WENDI INGRAM

RUHL & RUHL REALTORS License #S45050000 Listed on: 01/27/2020

RUHL & RUHL REALTORS

Last Buyer's Agent

Sara Carlson

RUHL & RUHL REALTORS License #S43432000

RUHL & RUHL REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,030

Year Built

  • Built in 2004

Lot Details

  • 2.17 Acre Lot
  • Sprinkler System

Interior Spaces

  • 5,738 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Formal Dining Room
  • Laundry on main level

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • 7 Bathrooms
  • Hydromassage or Jetted Bathtub

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Window Egress

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 0814477027

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,030

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 2 Story
  • Items That Stay: Curtains & Drapes, Dryer, Refrigerator, Stove, Washer
  • Items That Stay Other: see private remarks
  • Miscellaneous: Hard Surface Street, SSC Provided
  • Stories Levels: 2 Story
  • Total Number Floors: 2
  • Zoning: Residential
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 7.00
  • Total Bedrooms: 6
  • Basement Type: Egress Window, Full, Walk-Out
  • Basement Number Rooms: 5
  • Basement Number Half Bathrooms: 1
  • Basement Number Three Quarter Bathrooms: 1
  • Basement Bedrooms: 1
  • First Floor Number Bedrooms: 1
  • First Floor Number Rooms: 7
  • First Floor Number Half Bathrooms: 1
  • First Floor Number Three Quarter Bathrooms: 1
  • Second Floor: Number Rooms: 5
  • Second Floor: Number Bedrooms: 4
  • Number of Second Full Bathrooms: 3
  • Sq Ft Basement: 2521.00
  • Sq Ft Finished Bsmt: 2000.00
  • Sq Ft Level 1: 2521.00
  • Sq Ft Level 2: 3217.00
  • Total Above Grade Sq Ft: 5738.00

Exterior Features

  • Porch: Open Porch
  • Exterior: Vinyl & Stone
  • House Color: Tan

Garage/Parking

  • Garage Type: Attached
  • Garage Stall: 3.00

Utilities

  • Utilities Providers City Water: YES
  • Utilities Providers Electricity: REC
  • Utilities Providers Heat: GFA
  • Utilities Providers HOA: $500/Per Year
  • Utilities Providers Natural Gas: Mid American
  • Utilities Providers Septic: YES
  • Utilities Providers Water Heater: Gas
  • Utilities Providers Water Softener: Owned

Association/Amenities

  • Amenities: Basement Drain, Bath Off Master, Built-in Microwave, Central Air, Dishwasher, Family Room, Formal Dining Room, Garage Door Opener, Garbage Disposal, Jetted Tub, Lawn Sprinklers, Main Level Laundry, Sump Pump
  • Deck: YES
  • Fireplace: 4 Gas Fireplaces
  • Patio: YES

Schools

  • School District: Muscatine

Lot Info

  • Prop Grp ID: 19990816212109142258000000
  • Lot Acres: 2.17

Tax Info

  • Gross Taxes: 9179.00
  • Named Parcel Number: 0814477027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2020
Closed on
Jul 14, 2020
Sold by
Stone Financing Llc
Bought by
Phelps Dustin J and Phelps Allison R
Seller's Agent
WENDI INGRAM
RUHL & RUHL REALTORS
Buyer's Agent
Sara Carlson
RUHL & RUHL REALTORS
List Price
$651,000
Sold Price
$560,000
Premium/Discount to List
-$91,000
-13.98%
Current Estimated Value
$797,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,004
Avg. Annual Appreciation
6.93%
Original Mortgage
$448,000
Outstanding Balance
$397,994
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$399,010

Purchase Details

Closed on
Jan 17, 2020
Sold by
Schrader Shawn D and Schrader Melissa K
Bought by
Stone Finaneiie Llc

Purchase Details

Listed on
Feb 3, 2014
Closed on
Feb 27, 2014
Sold by
Bryant Malisa L
Bought by
Schrader Shawn D and Schrader Melissa K
Seller's Agent
Sara Carlson
RUHL & RUHL REALTORS
Buyer's Agent
GEORGE GRANBERG
RUHL & RUHL REALTORS
List Price
$520,000
Sold Price
$510,000
Premium/Discount to List
-$10,000
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$215,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2010
Sold by
Driessnack Robert J and Driessnack Paula J
Bought by
Bryant Malisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.19%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Phelps Dustin J $560,000 None Available
Stone Finaneiie Llc $560,000 None Available
Schrader Shawn D $510,000 None Available
Bryant Malisa L $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phelps Dustin J $448,000
Previous Owner Schrader Shawn D $215,000
Previous Owner Bryant Malisa L $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2020 07/24/20 Sold $560,000 -14.0% $98 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
01/27/2020 01/27/20 For Sale $651,000 +27.6% $113 / Sq Ft
03/31/2014 03/31/14 Sold $510,000 -1.9% $89 / Sq Ft View Prior Sale
02/06/2014 02/06/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $520,000 -- $91 / Sq Ft
Source: Muscatine Multiple Listing Service

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 $10,030 $838,390 $74,200 $764,190
2024 $10,030 $839,750 $74,200 $765,550
2023 $9,548 $829,259 $74,200 $755,059
2022 $9,024 $657,620 $70,000 $587,620
2021 $9,024 $667,800 $70,000 $597,800
2020 $8,822 $623,410 $70,000 $553,410
2019 $9,050 $603,520 $0 $0
2018 $8,782 $603,520 $0 $0
2017 $8,782 $603,520 $0 $0
2016 $9,214 $603,520 $0 $0
2015 $9,214 $569,210 $0 $0
2014 $8,760 $717,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Muscatine Multiple Listing Service

MLS Number: 20-75

Muscatine Multiple Listing Service

APN: 0814477027