NOT LISTED FOR SALE

308 E 2nd St Mechanicsville, IA 52306

Estimated Value: $59,000 - $198,000

4 Beds
1 Bath
1,479 Sq Ft
$88/Sq Ft Est. Value

Sale Details

Date Sold: December 16, 2024

Last sale price $35,000 $24 Per Sq Ft

Est. 272% increase in value since last sale

Current estimated payment $844 / mo

106 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Living Room
  • Formal Dining Room
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of December 2024

Great investment opportunity if you are looking to start or expand your real estate portfolio. Lots of good space with a main floor bedroom, 3 bedrooms upstairs, two of which have massive walk-in closets. Large corner lot. TONS of potential!

Last Agent to Sell the Property

Steven Hankemeier

RE/MAX CONCEPTS Listed on: 08/01/2024

RE/MAX CONCEPTS

Last Buyer's Agent

Meagan Bennett

COLDWELL BANKER LEE'S TOWN and COUNTRY

COLDWELL BANKER LEE'S TOWN and COUNTRY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1893

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Frame Construction
  • Stone

Interior Spaces

  • 1,479 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck
  • Shed

Schools

  • North Cedar Elementary And Middle School
  • North Cedar High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 044001134780140

Home Details

Home Type

Single Family

Year Built

Built in 1893

Lot Details

6,970 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • Lot Size Acres: 0.16
  • NAV29_Unit_1_Appliances: Gas Water Heater
  • Co List Office Phone: 319-395-0101
  • MLS Status: Closed
  • Directions: Hwy 30 to Mechanicsville
  • Above Grade Finished Sq Ft: 1479.0
  • Architectural Style: Two Story
  • Reso Interior Features: Dining Area, Separate/Formal Dining Room, Upper Level Primary
  • Unit Levels: Two
  • New Construction: No
  • ResoRoomType: Family Room, Laundry, Living Room
  • Year Built: 1893
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Construction Type: Frame, Stone
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Detached, Garage

Utilities

  • Utilities: Cable Connected
  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: North Cedar
  • High School: North Cedar
  • Middle Or Junior School: North Cedar

Lot Info

  • Lot Dimensions: 7,100
  • ResoLotSizeUnits: Acres
  • Parcel Number: 044001134780140
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1384.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Dec 14, 2024
Sold by
Nath Jennifer Lynn
Bought by
Blythe Handyman Services Llc
Seller's Agent
Steven Hankemeier
RE/MAX CONCEPTS
Buyer's Agent
Meagan Bennett
COLDWELL BANKER LEE'S TOWN and COUNTRY
List Price
$60,000
Sold Price
$35,000
Premium/Discount to List
-$25,000
-41.67%
Views
83
Current Estimated Value
$130,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,365
Avg. Annual Appreciation
161.13%
Original Mortgage
$168,000
Outstanding Balance
$166,661
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$36,296

Purchase Details

Listed on
Jun 12, 2016
Closed on
Jul 22, 2016
Sold by
Weber Dennis L
Bought by
Nath Todd A and Nath Jennifer L
Seller's Agent
Meagan Bennett
COLDWELL BANKER LEE'S TOWN and COUNTRY
Buyer's Agent
Meagan Bennett
COLDWELL BANKER LEE'S TOWN and COUNTRY
List Price
$55,000
Sold Price
$60,000
Premium/Discount to List
$5,000
9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.22%
Original Mortgage
$6,000
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 12, 2016
Closed on
Jul 15, 2016
Sold by
Miller Donald D
Bought by
Nath Todd A and Nath Jennifer L
Seller's Agent
Meagan Bennett
COLDWELL BANKER LEE'S TOWN and COUNTRY
Buyer's Agent
Meagan Bennett
COLDWELL BANKER LEE'S TOWN and COUNTRY
List Price
$55,000
Sold Price
$60,000
Premium/Discount to List
$5,000
9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000
Interest Rate
3.48%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Blythe Handyman Services Llc $35,000 None Listed On Document
Blythe Handyman Services Llc $35,000 None Listed On Document
Nath Todd A -- None Available
Nath Todd A $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blythe Handyman Services Llc $168,000
Closed Blythe Handyman Services Llc $168,000
Previous Owner Nath Todd A $6,000
Previous Owner Nath Todd A $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2024 12/16/24 Sold $35,000 -30.0% $24 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
10/30/2024 10/30/24 Price Changed $50,000 -16.7% $34 / Sq Ft
08/01/2024 08/01/24 For Sale $60,000 0.0% $41 / Sq Ft
07/27/2016 07/27/16 Sold $60,000 +9.1% $41 / Sq Ft View Prior Sale
06/13/2016 06/13/16 Pending -- -- --
06/12/2016 06/12/16 For Sale $55,000 -- $38 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

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 $1,884 $72,220 $15,000 $57,220
2024 $1,884 $108,930 $15,000 $93,930
2023 $1,792 $105,060 $15,000 $90,060
2022 $1,346 $69,150 $10,000 $59,150
2021 $1,340 $69,150 $10,000 $59,150
2020 $1,308 $69,150 $10,000 $59,150
2019 $1,248 $63,860 $10,000 $59,150
2018 $1,214 $63,860 $0 $0
2017 $1,214 $62,880 $0 $0
2016 $1,226 $62,880 $0 $0
2015 $1,206 $62,880 $0 $0
2014 $1,158 $62,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steven Hankemeier

    Seller's Agent in 2024

    Steven Hankemeier

    RE/MAX

    (563) 212-3008

    190 Total Sales

    Steven Hankemeier
    Section Image
  • Meagan Bennett

    Buyer's Agent in 2024

    Meagan Bennett

    COLDWELL BANKER LEE'S TOWN and COUNTRY

    (319) 693-1592

    187 Total Sales

    Meagan Bennett
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2405363

Cedar Rapids Area Association of REALTORS®

APN: 0440-01-13-478-014-0

Iowa Cedar County Mechanicsville 52306

308 E 2nd St, Mechanicsville, IA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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