NOT LISTED FOR SALE

302 Terrace Dr Independence, IA 50644

Estimated Value: $221,000 - $242,000

4 Beds
2.5 Baths
1,882 Sq Ft
$124/Sq Ft Est. Value

Last Sold August 12, 2016

Last sale price $155,000 $82 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,565/month

116 Days on Market

Highlights

  • Wood Flooring
  • Covered Deck
  • Ceiling Fan
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Storage Shed

About This Home

As of August 2016

When you walk into this 1332 sq. ft. Split Foyer you will find 3 bedrooms with new windows, new front picture window in the large living room, new carpet on the main, new floor coverings in both baths. Walls in the living room, hallway and bedrooms have new texture. Kitchen with white cabinets has laminate counter top, hard wood floors. All new interior doors and trim on the main floor. Master bedroom has a 3/4 bath. A nice back yard serves for a great place for the children to play and has a new shed with concrete floor. The basement has a family room and non-conforming bedroom. The mechanical/laundry room has a toilet and sink. The sellers said they have the perfect Dream Neighborhood. Call today to set up your private showing.This home is ready for a new owner. Lots of updates. The sellers are sad to leave their Dream Neighborhood, but job relocation is sparking the move.

Last Agent to Sell the Property

Katherine Cole

Ohl Iowa Realty, Inc License #B35264 Listed on: 02/25/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,864

Year Built

  • Built in 1997

Lot Details

  • 10,598 Sq Ft Lot
  • Lot Dimensions are 100x35x157x157
  • Property is zoned R-2

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,882 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring
  • Laundry on lower level

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Covered Deck
  • Storage Shed

Schools

  • Independence Elementary And Middle School
  • Independence High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener Leased

Listing and Financial Details

  • Assessor Parcel Number 0011003329002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,864

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Parcel Number: 0011003329002
  • Year Built: 1997
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.243
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-334-9258
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling Fan(s), Hardwood Floors
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 1882
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Appliances Negotiable, Dishwasher, Disposal, Vented Exhaust Fan, Gas Water Heater, Water Softener Rented
  • Basement: Block
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 550
  • BelowGradeArea: 1332

Exterior Features

  • Construction Type: Aluminum Siding, Brick
  • Exterior Features: Covered Deck, Storage Shed

Garage/Parking

  • Parking Features: 2 Stall, Attached Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

Schools

  • Elementary School: Independence
  • High School: Independence
  • Middle Or Junior School: Independence

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 100X35X157X157
  • Lot Size Sq Ft: 10597.5
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2864

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2016
Closed on
Aug 12, 2016
Sold by
Kreutner Matthew R and Kreutner Marcia J
Bought by
Schmitt Adam M and Schmitt Veronica S
Seller's Agent
Katherine Cole
Ohl Iowa Realty, Inc
List Price
$168,900
Sold Price
$155,000
Premium/Discount to List
-$13,900
-8.23%
Current Estimated Value
$232,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,680
Avg. Annual Appreciation
4.58%

Purchase Details

Closed on
Jul 19, 2010
Sold by
Wathen Carl A and Wathen Lynne M
Bought by
Kreutner Matthew R and Kreutner Marcia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.7%
Mortgage Type
New Conventional
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
Schmitt Adam M $155,000 None Available
Kreutner Matthew R $147,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kreutner Matthew R $110,500
Previous Owner Kreutner Matthew R $112,500
Previous Owner Wathen Carl $20,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2016 08/12/16 Sold $155,000 -8.2% $82 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $168,900 -- $90 / Sq Ft
Source: Northeast Iowa Regional Board 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
2024 $3,596 $195,430 $29,310 $166,120
2023 $3,596 $195,430 $29,310 $166,120
2022 $3,202 $161,050 $23,270 $137,780
2021 $3,214 $161,050 $23,270 $137,780
2020 $3,214 $149,950 $21,150 $128,800
2019 $3,152 $149,950 $21,150 $128,800
2018 $3,018 $145,450 $21,150 $124,300
2017 $5,957 $145,450 $21,150 $124,300
2016 $2,808 $136,120 $17,620 $118,500
2015 $5,909 $136,120 $17,620 $118,500
2014 $2,864 $136,120 $17,620 $118,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20160916

Northeast Iowa Regional Board of REALTORS®

APN: 10.03.329.002