NOT LISTED FOR SALE

322 E 3rd St Solon, IA 52333

Estimated Value: $263,170 - $389,000

4 Beds
2.5 Baths
1,930 Sq Ft
$159/Sq Ft Est. Value

Last Sold December 09, 2019

Last sale price $192,000 $99 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,903/month

104 Days on Market

Highlights

  • Separate Formal Living Room
  • Bonus Room
  • Breakfast Area or Nook
  • Solon Middle School Rated A-
  • Corner Lot
  • 3-minute walk to Mushroom Park Bandstand

About This Home

As of December 2019

Beautiful and charming 2-story home on a large corner lot w/4 bedrooms & 2.5 baths. Awesome fenced yard w/gorgeous shade trees. Hardwood flooring in entry, living room & dining room. Built-in storage in living room & bench seating in dining room. Kitchen has tile flooring, newer countertops & sink, pantry & stainless appliances. The upper level has a spacious master bedroom w/sitting area, double closets & lots of windows, a second bedroom & a full bath w/tile flooring, updated fixtures & linen closet. The

Last Agent to Sell the Property

Mike Vermace

Vermace Realty Listed on: 08/15/2019

Last Buyer's Agent

Brittany Kramme

Lepic-Kroeger, REALTORS

Lepic-Kroeger, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,320

Year Built

  • Built in 1923

Lot Details

  • Lot Dimensions are 115 x 124
  • Fenced Yard
  • Corner Lot

Parking

  • 1 Parking Space

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Bonus Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bedroom Upstairs

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Patio

Location

  • Property is near schools
  • Property is near shops

Schools

  • Solon Elementary And Middle School
  • Solon High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Internet Available
  • Cable TV Available

Community Details

  • Ocheltree's Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0224385001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,320

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1930
  • Homebuilder: Unknown
  • Owner Name L F Mi: Phillip and Erin Peters
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: third bedroom is on the main floor & has hardwood flooring plus a walk-in closet. The lower level has newer windows, a 4th non-conforming bedroom, bonus room w/tile flooring, a 3/4 bath with tile flooring & walk-in shower, laundry and storage room. Other features include a new roof and siding on the garage, covered front porch, one-car detached garage and an extra driveway for added parking. Lower level finished sq ft is estimated. Freezer in basement and storage box in yard are reserved. Please schedule all showings through Showingtime.
  • T Val: 192000
  • Year Built: 1923
  • Tax Year Report: 2018
  • Subdivision: Ocheltree's Addition
  • Directions: Home is on the corner of Hwy 1 and 3rd St.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to Shopping, Close to School
  • Basement Remarks: Finished, Full
  • Fireplace Type Location: None
  • Interior R: Cable Available, Foyer-Entrance
  • Kitchen Breakfast R: Breakfast Area, Pantry
  • Lot Description R: Less than .5 Acre, Corner
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: Beautiful and charming 2-story home on a large corner lot w/4 bedrooms & 2.5 baths. Awesome fenced yard w/gorgeous shade trees. Hardwood flooring in entry, living room & dining room. Built-in storage in living room & bench seating in dining room. Kitchen has tile flooring, newer countertops & sink, pantry & stainless appliances. The upper level has a spacious master bedroom w/sitting area, double closets & lots of windows, a second bedroom & a full bath w/tile flooring, updated fixtures & linen closet. The
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Lower: 1
  • Number Bedrooms Upper: 2
  • Number Bedrooms Main: 1
  • Sq Ft Above: 1428
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 502
  • Laundry Location: Laundry Room, Basement
  • Mstr Br Level: Upper
  • Mstr Br Width: 12
  • Number of Lower Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Fenced Yard, Patio

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Window/Wall Units, Electric, Baseboard

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Solon
  • Middle School: Solon
  • High School: Solon
  • High School: Solon
  • Jr Middle School: Solon
  • Elementary School: Solon

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: 115 x 124
  • Zoning: Residential

Rental Info

  • Lease Value: 192000

Tax Info

  • Gross Tax County City: 3032
  • Assessor Parcel Number: 0224385001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2019
Closed on
Dec 6, 2019
Sold by
Peters Phillip J and Peters Erin E
Bought by
Cox Tonia M and Cox Brett S
Seller's Agent
Mike Vermace
Vermace Realty
Buyer's Agent
Brittany Kramme
Lepic-Kroeger, REALTORS
List Price
$212,500
Sold Price
$192,000
Premium/Discount to List
-$20,500
-9.65%
Current Estimated Value
$306,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,793
Avg. Annual Appreciation
8.39%
Original Mortgage
$38,400
Interest Rate
3.6%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 8, 2017
Sold by
Kollar Jason A and Koller Amey L
Bought by
Peters Phillip J and Peters Erin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2006
Sold by
Schocttmer Eric and Schoettmer Jennifer Nicole
Bought by
Cecil James Andrew and Cecil Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,413
Interest Rate
6.77%
Mortgage Type
Credit Line Revolving
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
Cox Tonia M $317,000 None Available
Peters Phillip J $187,500 None Available
Cecil James Andrew $123,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Tonia M $153,600
Previous Owner Peters Phillip J $187,500
Previous Owner Cecil James Andrew $18,413
Previous Owner Cecil James Andrew $98,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2019 12/09/19 Sold $192,000 -2.5% $99 / Sq Ft
11/27/2019 11/27/19 Pending -- -- --
10/21/2019 10/21/19 Price Changed $196,900 -1.5% $102 / Sq Ft
09/15/2019 09/15/19 Price Changed $199,900 -3.7% $104 / Sq Ft
08/27/2019 08/27/19 Price Changed $207,500 -2.4% $108 / Sq Ft
08/15/2019 08/15/19 For Sale $212,500 -- $110 / Sq Ft
Source: Iowa City 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 $3,320 $212,000 $81,100 $130,900
2023 $3,536 $212,000 $81,100 $130,900
2022 $3,494 $193,500 $70,300 $123,200
2021 $3,334 $193,500 $70,300 $123,200
2020 $3,334 $177,300 $54,100 $123,200
2019 $3,032 $161,900 $54,100 $107,800
2018 $2,974 $151,600 $54,100 $97,500
2017 $2,734 $151,600 $54,100 $97,500
2016 $2,438 $143,900 $54,100 $89,800
2015 $2,438 $133,300 $54,100 $79,200
2014 $2,312 $125,900 $54,100 $71,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20195112

Iowa City Area Association of REALTORS®

APN: 0224385001