NOT LISTED FOR SALE

2780 Sage Dr Palo, IA 52324

Estimated Value: $276,000 - $286,678

0.28 Acre
$986,514 Price per Acre
12,371 Sq Ft Lot

Last Sold April 01, 2020

Last sale price $30,000

Est. 834% increase in value since last sale

Current estimated payment $1,807/month

87 Days on Market

About This Lot

As of April 2020

Looking to move to a rural area close to I-380 and Highway 100? This affordable daylight lot in Palo’s beautiful Dry Creek Development will be just for you! A small town living feel minutes from bigger cities. This development has paved roads, city sewer and water, electric and gas, and a park right down the street that’s perfect for your family! Pick your builder and start constructing your custom dream home today!

Last Agent to Sell the Property

Haleigh McMurrin

IOWA REALTY Listed on: 11/30/2019

Last Buyer's Agent

Brian Butschi

EXECUTIVE REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,276

Lot Details

  • 0.28

Additional Features

  • 0.28 Acre Lot
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$3,276

Lot Details

0

Listing Details

  • Acres: 0.2840
  • City Name: Palo
  • Current Zoning: Resident
  • List User Cell Phone: 319-350-1244
  • Property Sub Types: Residential Lot
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.92308
  • Ratio Close Price By Original Li: 0.92308
  • Water Sewer Roads: City Sewer, City Water, Paved
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Electric, Gas

Lot Info

  • Lot Size: 0.284

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2025
Sold by
Feltes Benjamin J and Feltes Gina G
Bought by
Peterson James Brian and Peterson Isabell Kathleen
Current Estimated Value
$280,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,767
Outstanding Balance
$276,525
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$8,785

Purchase Details

Closed on
Jul 28, 2020
Sold by
Executive Construction Company
Bought by
Feltes Benjamin J and Feltes Gina G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,410
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 30, 2019
Closed on
Mar 31, 2020
Sold by
Ralston Larson Development Llc
Bought by
Executive Construction Company
Seller's Agent
Haleigh McMurrin
IOWA REALTY
Buyer's Agent
Brian Butschi
EXECUTIVE REALTY
List Price
$32,500
Sold Price
$30,000
Premium/Discount to List
-$2,500
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.23%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Peterson James Brian $274,000 None Listed On Document
Feltes Benjamin J $235,000 Security First Title Co
Executive Construction Company $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson James Brian $276,767
Previous Owner Feltes Benjamin J $211,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2020 04/01/20 Sold $30,000 -7.7% --
02/25/2020 02/25/20 Pending -- -- --
11/30/2019 11/30/19 For Sale $32,500 -- --
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
2023 $3,276 $247,700 $36,700 $211,000
2022 $3,322 $177,900 $36,700 $141,200
2021 $76 $177,900 $36,700 $141,200
2020 $76 $0 $0 $0
2019 $74 $0 $0 $0
2018 $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: 1908548

Cedar Rapids Area Association of REALTORS®

APN: 12301-79009-00000