NOT LISTED FOR SALE

2993 Quaker Ln Springville, IA 52336

Estimated Value: $230,000 - $275,549

3 Beds
1 Bath
1,966 Sq Ft
$130/Sq Ft Est. Value

Last Sold January 15, 2024

Last sale price $235,000 $120 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,653/month

10 Days on Market

Highlights

  • Solar Power System
  • Den
  • 3 Car Garage
  • Wooded Lot
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of January 2024

This is an "as is" sale only. No contingencies. Must be able to close in 30 days. Nestled on a sprawling 4.5-acre canvas near Springville and Marion, this countryside gem boasts a cozy two-story farmhouse as its centerpiece. However, it's essential to mention that this charming farmhouse will need a bit of TLC and updates to reach its full potential. Home has new furnace and water heater. As well as new septic in 2017 Now, here's the intriguing part: the price. The value for this property is right here. If this were a fully updated and renovated property, it would command a significantly higher price tag. However, the beauty of this opportunity lies in its potential. With some investment in improvements, you can turn this property into your dream home without the premium price. Inside the farmhouse, you'll find a generously sized kitchen with beautiful tile flooring, perfect for culinary creations. An eat-in kitchen and a convenient breakfast bar add to its charm, making it an ideal space for family gatherings. The surrounding outbuildings provide exciting possibilities, waiting for your creative vision to bring them to life. Whether you're dreaming of a workshop, an art studio, or a place for your animals, these structures offer endless potential. And let's not forget about the multiple garages, a boon for those who need ample space for vehicles and hobbies. Stepping outside onto this vast 4.5-acre landscape, you'll have the freedom to create your ideal rural lifestyle – whether that's gardening, farming, or simply enjoying the serene countryside. This property presents an incredible opportunity. The 4.5 acres of land, the cozy two-story farmhouse, and the outbuildings offer immense potential at a price that allows you to make it your own. It's a chance to craft your perfect countryside retreat without the hefty cost of a fully updated property. This property is being sold “as-is” . Do not access this property without a showing appointment

Last Agent to Sell the Property

Matt Smith

RE/MAX CONCEPTS Listed on: 11/26/2023

RE/MAX CONCEPTS

Last Buyer's Agent

Jackie Karamitros

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,536

Year Built

  • 1902

Lot Details

  • 4.5 Acre Lot
  • Wooded Lot

Parking

  • 3 Car Garage

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,966 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Formal Dining Room
  • Den
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Forced Air Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Propane
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,536

Year Built

1902

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 4.5000
  • Above Grade Finished Sq Ft: 1966
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Springville
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 2536
  • List User Cell Phone: 319-431-5859
  • Miscellaneous: Outbuildings, Patio, Solar Panels
  • Net Tax: 2536
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 119.53
  • Total Sq Ft: 1966
  • Water Sewer Roads: Septic System, Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1902

Interior Features

  • Appliances Included: Dryer, Range, Refrigerator, Washer
  • Additional Room: 1st Floor Family, Den/Study
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 2: 3
  • Fireplace Features: Built In, Family Room, Wood Burning
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Site Description: Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 1 Car, 3 Cars, Attached, Detached

Utilities

  • Heating Cooling: Forced Air, Lp Heat, Window/Wall Air

Schools

  • Elementary School: Springville
  • Middle School: Springville
  • High School: Springville

Lot Info

  • Lot Size: 1966

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2023
Closed on
Jan 15, 2024
Sold by
Handley Rodney E and Handley Yulanda
Bought by
Koch Courtney L and Koch Keoni L
Seller's Agent
Matt Smith
RE/MAX CONCEPTS
Buyer's Agent
Jackie Karamitros
Pinnacle Realty LLC
List Price
$235,000
Sold Price
$235,000
Views
227
Current Estimated Value
$271,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,784
Avg. Annual Appreciation
8.73%
Original Mortgage
$170,000
Outstanding Balance
$167,835
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$100,604

Purchase Details

Listed on
Jun 9, 2017
Closed on
Sep 16, 2017
Sold by
Stambaugh Phillip L and Stambaugh Philip L
Bought by
Handley Rodney E
Seller's Agent
Victoria Torres
KW Advantage
Buyer's Agent
Matt Smith
RE/MAX CONCEPTS
List Price
$155,000
Sold Price
$110,000
Premium/Discount to List
-$45,000
-29.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.81%
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
Koch Courtney L $235,000 None Listed On Document
Handley Rodney E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koch Courtney L $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2024 01/15/24 Sold $235,000 0.0% $120 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
11/26/2023 11/26/23 For Sale $235,000 +113.6% $120 / Sq Ft
09/28/2017 09/28/17 Sold $110,000 -12.0% $56 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
08/09/2017 08/09/17 Price Changed $125,000 -19.4% $64 / Sq Ft
06/09/2017 06/09/17 For Sale $155,000 -- $79 / 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 $2,536 $224,900 $85,000 $139,900
2022 $2,502 $177,400 $85,000 $92,400
2021 $2,126 $177,400 $85,000 $92,400
2020 $2,126 $142,500 $52,500 $90,000
2019 $2,062 $137,400 $52,500 $84,900
2018 $1,900 $137,400 $52,500 $84,900
2017 $2,204 $147,500 $52,500 $95,000
2016 $2,204 $147,500 $52,500 $95,000
2015 $1,985 $147,700 $52,500 $95,200
2014 $1,868 $147,700 $52,500 $95,200
2013 $1,770 $147,700 $52,500 $95,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2307607

Cedar Rapids Area Association of REALTORS®

APN: 09242-01002-00000