NOT LISTED FOR SALE

3320 Penny Ln Marion, IA 52302

Estimated Value: $294,000 - $335,000

4 Beds
2.5 Baths
2,050 Sq Ft
$156/Sq Ft Est. Value

Last Sold July 20, 2012

Last sale price $184,000 $90 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,121/month

21 Days on Market

Highlights

  • Deck
  • Recreation Room
  • 2 Car Attached Garage
  • Indian Creek Elementary School Rated A-
  • Great Room with Fireplace
  • Central Air

About This Home

As of July 2012

Adorable, well-maintained 2 story home in a desirable neighborhood! Laminate wood floors throughout the foyer, half bath, great room and kitchen. Spacious great room features a corner gas fireplace with tile surround and oak mantle. Large kitchen next to the great room with an island, oak cabinets with brushed nickel hardware, a side-by-side fridge, lots of counter space, dining area, and sliders to the deck. Up the stairs you'll find the large master suite with walk-in closet, dual sinks, and vinyl flooring. 3 additional spacious bedrooms and a full bath complete the upper level. Lower level features a rec room that is perfect for entertaining, lots of storage space, and is stubbed for a bathroom. Nicely-landscaped backyard with a privacy fence and storage shed. New roof and gutters in 2011. Large 2 stall attached garage with tons of shelving. Don't miss out on this great home in a wonderful location!

Last Agent to Sell the Property

Debra Callahan

RE/MAX CONCEPTS Listed on: 03/09/2012

RE/MAX CONCEPTS

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,561

Year Built

  • 2006

Lot Details

  • Lot Dimensions are 60 x 120
  • Fenced

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener Leased

Community Details

  • Built by REGENCY HOMES

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,561

Year Built

2006

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1690
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Total Bedrooms: 4
  • City Name: Marion
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 3561
  • List User Cell Phone: 319-431-3559
  • Low Lvl Fin Sq Ft: 360
  • Miscellaneous: Deck, Fencing, Storage Shed
  • Net Tax: 3440
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98133
  • Ratio Close Price By Original Li: 0.98133
  • Ratio Current Price By Sq Ft: 108.88
  • Total Sq Ft: 2050
  • Tax Roll Number: 25103047901100000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener – Lease
  • Additional Room: Great Room, Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 2: 4
  • Fireplace Features: Built In, Gas, Great Room
  • Level 2 Full Bathrooms: 2
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

  • Elementary School: Indian Creek
  • Middle School: Excelsior
  • High School: Linn Mar

Lot Info

  • Lot Size: 60 X 120

Building Info

  • Builder Name: REGENCY HOMES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2012
Closed on
Jul 19, 2012
Sold by
Wennekamp John C and Wennekamp Abby L
Bought by
Weig Nicolas E and Weig Jennifer L
Seller's Agent
Debra Callahan
RE/MAX CONCEPTS
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$187,500
Sold Price
$184,000
Premium/Discount to List
-$3,500
-1.87%
Current Estimated Value
$318,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,789
Avg. Annual Appreciation
4.24%
Original Mortgage
$147,200
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 3, 2006
Sold by
Midland Homes Of Eastern Iowa Lc
Bought by
Wennekamp John C and Regennitter Abby L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,300
Interest Rate
6.41%
Mortgage Type
Unknown
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
Weig Nicolas E $184,000 None Available
Wennekamp John C $182,500 None Available
Midland Homes Of Eastern Iowa Lc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Weig Nicolas E $36,800
Previous Owner Weig Nicolas E $147,200
Previous Owner Midland Homes Of Eastern Iowa Lc $18,300
Previous Owner Wennekamp John C $146,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2012 07/20/12 Sold $184,000 -1.9% $90 / Sq Ft
03/30/2012 03/30/12 Pending -- -- --
03/09/2012 03/09/12 For Sale $187,500 -- $91 / 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
2025 $5,156 $283,800 $27,000 $256,800
2024 $4,498 $284,700 $27,000 $257,700
2023 $4,498 $284,700 $27,000 $257,700
2022 $4,286 $211,600 $27,000 $184,600
2021 $4,126 $211,600 $27,000 $184,600
2020 $4,126 $191,700 $27,000 $164,700
2019 $4,078 $191,700 $27,000 $164,700
2018 $3,916 $189,300 $36,000 $153,300
2017 $3,916 $184,500 $30,000 $154,500
2016 $3,982 $184,500 $30,000 $154,500
2015 $3,967 $184,500 $30,000 $154,500
2014 $3,780 $184,500 $30,000 $154,500
2013 $3,606 $184,500 $30,000 $154,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1201814

Cedar Rapids Area Association of REALTORS®

APN: 10304-79011-00000