NOT LISTED FOR SALE

311 W Reeder St Mechanicsville, IA 52306

Estimated Value: $120,000 - $150,000

2 Beds
1 Bath
1,019 Sq Ft
$134/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $133,000 $131 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $907/month

9 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Cooling System
  • 4-minute walk to Mechanicsville Garden Club

About This Home

As of April 2023

Welcome to this charming ranch sitting on a corner lot. As you enter, you’ll be greeted by spacious a living room with plenty of natural light and freshly painted walls. The updated bathroom features a sleek and modern design with a tiled shower/tub combo. In the basement you’ll find ample addition space. Sitting on over a .3 acre lot, you’ll have a yard perfect for outdoor activities!

Last Agent to Sell the Property

Rachel Koth

Keller Williams Legacy Group Listed on: 03/01/2023

Keller Williams Legacy Group

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,613

Year Built

  • 1898

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 100 x 142

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,019 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,613

Year Built

1898

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.3260
  • Above Grade Finished Sq Ft: 1019
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Mechanicsville
  • Gross Tax: 1613
  • List User Cell Phone: 319-651-1963
  • Net Tax: 1613
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98519
  • Ratio Close Price By Original Li: 0.98519
  • Ratio Current Price By Sq Ft: 130.52
  • Total Sq Ft: 1019
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1898

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

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

Schools

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

Lot Info

  • Lot Size: 100 x 142

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Apr 6, 2023
Sold by
Polhamus Joel David
Bought by
Wenman Josh and Wenman Chad M
Seller's Agent
Rachel Koth
Keller Williams Legacy Group
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$135,000
Sold Price
$133,000
Premium/Discount to List
-$2,000
-1.48%
Views
38
Current Estimated Value
$136,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,879
Avg. Annual Appreciation
-4.03%
Original Mortgage
$119,700
Outstanding Balance
$117,180
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$3,062

Purchase Details

Listed on
Aug 3, 2021
Closed on
Aug 31, 2021
Sold by
Ulrich Alexander M and Ulrich Alexa
Bought by
Polhamus Joel D
Seller's Agent
Rachel Koth
Keller Williams Legacy Group
Buyer's Agent
Rachel Koth
Keller Williams Legacy Group
List Price
$90,000
Sold Price
$92,000
Premium/Discount to List
$2,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.90%
Original Mortgage
$73,600
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2017
Closed on
Dec 5, 2017
Sold by
Weber Sandra L and Weber Steven
Bought by
Ulrich Alexander M
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
$95,000
Sold Price
$72,000
Premium/Discount to List
-$23,000
-24.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$72,727
Interest Rate
3.9%
Mortgage Type
New Conventional
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
Wenman Josh $133,000 None Listed On Document
Polhamus Joel D $92,000 None Listed On Document
Ulrich Alexander M $72,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wenman Josh $119,700
Previous Owner Polhamus Joel D $73,600
Previous Owner Polhamus Joel D $18,400
Previous Owner Ulrich Alexander M $72,727
Previous Owner Weber Sandra L $62,554
Closed Polhamus Joel D $18,400
Closed Wenman Josh $13,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2023 04/07/23 Sold $133,000 -1.5% $131 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $135,000 +46.7% $132 / Sq Ft
08/31/2021 08/31/21 Sold $92,000 +2.2% $90 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $90,000 +25.0% $88 / Sq Ft
12/07/2017 12/07/17 Sold $72,000 -4.0% $71 / Sq Ft
10/29/2017 10/29/17 Pending -- -- --
10/10/2017 10/10/17 Price Changed $75,000 -6.3% $74 / Sq Ft
09/18/2017 09/18/17 Price Changed $80,000 -11.1% $79 / Sq Ft
08/07/2017 08/07/17 Price Changed $90,000 -5.3% $88 / Sq Ft
07/18/2017 07/18/17 For Sale $95,000 -- $93 / 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
2024 $2,130 $123,110 $32,500 $90,610
2023 $2,020 $118,330 $32,500 $85,830
2022 $1,256 $79,440 $22,500 $56,940
2021 $1,256 $73,460 $22,500 $50,960
2020 $1,222 $73,460 $22,500 $50,960
2019 $1,534 $87,050 $0 $0
2018 $1,298 $77,080 $0 $0
2017 $1,298 $77,730 $0 $0
2016 $1,346 $77,730 $0 $0
2015 $1,324 $77,730 $0 $0
2014 $1,324 $77,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2300922

Cedar Rapids Area Association of REALTORS®

APN: 0440-01-13-403-001-0