NOT LISTED FOR SALE

2870 Pennington Dr Marion, IA 52302

Estimated Value: $347,000 - $361,000

5 Beds
3 Baths
2,435 Sq Ft
$145/Sq Ft Est. Value

Last Sold July 27, 2015

Last sale price $212,000 $87 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,353/month

141 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Ranch Style House
  • Starry Elementary School Rated A-
  • Vaulted Ceiling
  • Great Room with Fireplace

About This Home

As of July 2015

GREAT HOUSE! GREAT NEIGHBORHOOD! GREAT PRICE! THIS 2007 RANCH IS SURE TO PLEASE. BEAUTIFUL KITCHEN WITH HICKORY, DOVETAIL CABINETRY, HIGH-DEFINITION COUNTERTOPS AND STUNNING REAL HARDWOOD FLOORING. GREAT ROOM FEATURES LOVELY GAS FIREPLACE AND VAULTED CEILINGS. SPACIOUS MASTER SUITE INCLUDES LARGE WALK-IN CLOSET AND DUAL SINK VANITY IN THE ATTACHED BATHROOM. MODERN WROUGHT IRON OPEN-RAILED STAIRCASE LEADS TO FINISHED LOWER LEVEL FEATURING FOURTH AND FIFTH BEDROOMS, THIRD FULL BATHROOM AND REC ROOM WITH DAY-LIT WINDOWS. OUTSIDE HAS WONDERFUL ENTERTAINING SPACE WITH DECK AND NICE YARD, PERFECT FOR SUMMER BARBEQUES WITH ALL YOUR FAMILY AND FRIENDS. PLUS, EXTENDED 2ND STALL--DEEP ENOUGH FOR TRUCK. WHAT A GREAT PLACE TO CALL HOME!

Last Agent to Sell the Property

Gloria Maxwell

Keller Williams Legacy Group Listed on: 01/26/2015

Keller Williams Legacy Group

Last Buyer's Agent

Gloria Maxwell

Keller Williams Legacy Group Listed on: 01/26/2015

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,642

Year Built

  • 2007

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Additional Features

  • Deck
  • Lot Dimensions are 75 x 120

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,642

Year Built

2007

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1485
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Marion
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 4642
  • List User Cell Phone: 319-389-6740
  • Low Lvl Fin Sq Ft: 950
  • Miscellaneous: Cable Ready, Deck, Vaulted Ceiling
  • Net Tax: 4452
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.92214
  • Ratio Current Price By Sq Ft: 142.76
  • Total Sq Ft: 2435
  • Tax Roll Number: 150640100700000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Laundry, Great Room, Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Great Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

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

Utilities

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

Schools

  • Elementary School: Starry
  • Middle School: Vernon
  • High School: Marion

Lot Info

  • Lot Size: 75 X 120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2015
Closed on
Jul 23, 2015
Sold by
Halvorson Trenton G and Halvorson Pamela S
Bought by
Stearns Travis and Stearns Tresa
Seller's Agent
Gloria Maxwell
Keller Williams Legacy Group
Buyer's Agent
Gloria Maxwell
Keller Williams Legacy Group
List Price
$229,900
Sold Price
$212,000
Premium/Discount to List
-$17,900
-7.79%
Current Estimated Value
$347,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,821
Avg. Annual Appreciation
5.17%
Original Mortgage
$190,000
Outstanding Balance
$151,358
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$200,506

Purchase Details

Closed on
Aug 24, 2007
Sold by
Opm Properties Lc
Bought by
Halvorson Trenton G and Halvorson Pamela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.77%
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
Stearns Travis $212,000 None Available
Halvorson Trenton G $216,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stearns Travis $190,000
Previous Owner Halvorson Trenton G $167,000
Previous Owner Halvorson Trenton G $165,000
Previous Owner Platinum Development Llc $172,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2015 07/27/15 Sold $212,000 -7.8% $87 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $229,900 -- $94 / 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
2023 $5,376 $319,800 $37,500 $282,300
2022 $5,192 $250,500 $37,500 $213,000
2021 $4,954 $250,500 $37,500 $213,000
2020 $4,954 $227,700 $37,500 $190,200
2019 $4,772 $227,700 $37,500 $190,200
2018 $4,662 $220,300 $45,000 $175,300
2017 $4,728 $217,900 $37,500 $180,400
2016 $4,848 $217,900 $37,500 $180,400
2015 $4,829 $217,900 $37,500 $180,400
2014 $4,636 $217,900 $37,500 $180,400
2013 $4,452 $217,900 $37,500 $180,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1500668

Cedar Rapids Area Association of REALTORS®

APN: 15064-01007-00000