NOT LISTED FOR SALE

3450 Cottonwood Ln Marion, IA 52302

Estimated Value: $387,000 - $437,923

5 Beds
4 Baths
3,105 Sq Ft
$132/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $277,500 $89 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,787/month

Highlights

  • 0.56 Acre Lot
  • Fireplace in Kitchen
  • Recreation Room
  • Linn-Mar High School Rated A-
  • Deck
  • 3-minute walk to Gill Park

About This Home

As of August 2020

This home is located at 3450 Cottonwood Ln, Marion, IA 52302 since 25 May 2020 and is currently estimated at $410,731, approximately $132 per square foot. This property was built in 1998. 3450 Cottonwood Ln is a home located in Linn County with nearby schools including Novak Elementary School, Excelsior Middle School, and Linn-Mar High School.

Last Agent to Sell the Property

Amy Bishop

RE/MAX CONCEPTS Listed on: 05/25/2020

RE/MAX CONCEPTS

Last Buyer's Agent

Amy Bishop

RE/MAX CONCEPTS Listed on: 05/25/2020

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,800

Year Built

  • 1998

Lot Details

  • 0.56 Acre Lot
  • Cul-De-Sac

Home Design

  • 2-Story Property
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Gas Fireplace
  • Great Room with Fireplace
  • Family Room
  • Formal Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,800

Year Built

1998

Lot Details

0

Listing Details

  • Style: 2 Stories, Ranch
  • Acres: 0.5600
  • Above Grade Finished Sq Ft: 2075
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.20
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Marion
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 5800
  • List User Cell Phone: 319-270-8450
  • Low Lvl Fin Sq Ft: 1030
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 5800
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 133.73
  • Total Sq Ft: 3105
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Water Heater – Gas
  • Additional Room: 1st Floor Family, 1st Floor Laundry, Great Room, Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 2
  • Fireplace Features: Built In, Gas, Great Room, Kitchen
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Cul-De-Sac

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars
  • Garage Size: 2+ Car

Utilities

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

Schools

  • Elementary School: Novak
  • Middle School: Excelsior
  • High School: Linn Mar

Lot Info

  • Lot Size: .56 Acre

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2020
Closed on
Jul 17, 2020
Sold by
Mersch Richard J
Bought by
Dowcett Ogden M and Chumnanont Nuanpun
Seller's Agent
Amy Bishop
RE/MAX CONCEPTS
Buyer's Agent
Amy Bishop
RE/MAX CONCEPTS
List Price
$277,500
Sold Price
$277,500
Current Estimated Value
$410,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,231
Avg. Annual Appreciation
8.16%
Original Mortgage
$287,490
Outstanding Balance
$257,435
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$153,296

Purchase Details

Listed on
Oct 8, 2018
Closed on
Dec 18, 2018
Sold by
Barry Steven M and Barry Nancy L
Bought by
Mersch Richard J
Seller's Agent
Abby Besler
Pinnacle Realty LLC
Buyer's Agent
Amy Bishop
RE/MAX CONCEPTS
List Price
$259,000
Sold Price
$250,500
Premium/Discount to List
-$8,500
-3.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$100,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2000
Sold by
Gill Curt R and Gill Barbara K
Bought by
Barry Steven M and Barry Nancy L
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
Dowcett Ogden M $277,500 None Available
Mersch Richard J $250,500 None Available
Barry Steven M $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dowcett Ogden M $287,490
Previous Owner Mersch Richard J $15,000
Previous Owner Mersch Richard J $100,000
Previous Owner Barry Steven M $213,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2020 08/18/20 Sold $277,500 0.0% $89 / Sq Ft
05/25/2020 05/25/20 Pending -- -- --
05/25/2020 05/25/20 For Sale $277,500 +10.8% $89 / Sq Ft
12/20/2018 12/20/18 Sold $250,500 -3.3% $81 / Sq Ft
11/19/2018 11/19/18 Pending -- -- --
10/08/2018 10/08/18 For Sale $259,000 -- $83 / 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
2023 $6,582 $388,500 $39,400 $349,100
2022 $6,274 $296,600 $39,400 $257,200
2021 $6,294 $296,600 $39,400 $257,200
2020 $6,294 $279,300 $39,400 $239,900
2019 $5,606 $257,000 $39,400 $217,600
2018 $5,384 $257,000 $39,400 $217,600
2017 $5,270 $245,800 $39,400 $206,400
2016 $5,304 $245,800 $39,400 $206,400
2015 $5,285 $245,800 $39,400 $206,400
2014 $5,098 $245,800 $39,400 $206,400
2013 $4,866 $245,800 $39,400 $206,400
Source: Public Records

Agents Affiliated with this Home

  • Amy Bishop

    Seller's Agent in 2020

    Amy Bishop

    RE/MAX

    (319) 270-8450

    65 in this area

    210 Total Sales

    Section Image

  • A

    Seller's Agent in 2018

    Abby Besler

    Pinnacle Realty LLC

    (319) 540-1705

    35 in this area

    97 Total Sales

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2003867

Cedar Rapids Area Association of REALTORS®

APN: 11253-03001-00000

Iowa Linn County Marion 52302

3450 Cottonwood Ln, Marion, IA

This home is located at 3450 Cottonwood Ln, Marion, IA 52302 since 25 May 2020 and is currently estimated at $410,731, approximately $132 per square foot. This property was built in 1998. 3450 Cottonwood Ln is a home located in Linn County with nearby schools including Novak Elementary School, Excelsior Middle School, and Linn-Mar High School.

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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