NOT LISTED FOR SALE

3473 Penny Ln Marion, IA 52302

Estimated Value: $368,000 - $421,000

4 Beds
3 Baths
2,639 Sq Ft
$149/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $340,000 $129 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,646/month

3 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Vaulted Ceiling
  • Indian Creek Elementary School Rated A-
  • Recreation Room
  • Ranch Style House

About This Home

As of June 2021

This impeccably maintained ranch home has 4 bedrooms and 3 full bathrooms, gorgeous Acacia hardwood floors, granite countertops, and just wait until you see the 2 custom fireplaces! Large 4th bedroom in the lower level is currently used as an office and craft room, and is about the same size as the master bedroom above it. Oodles of storage space in the lower level as well as in the 3-car garage.

Last Agent to Sell the Property

Jason Naakktgeboren

Pinnacle Realty LLC Listed on: 04/08/2021

Pinnacle Realty LLC

Last Buyer's Agent

Carol Bridgewater Warner

Keller Williams Legacy Group

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,352

Year Built

  • 2010

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 88 x 130
  • Fenced

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Sound System
  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,352

Year Built

2010

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2600
  • Above Grade Finished Sq Ft: 1639
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 4
  • City Name: Marion
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 5352
  • List User Cell Phone: 319-270-1084
  • Low Lvl Fin Sq Ft: 1000
  • Miscellaneous: Cable Ready, Deck, Fencing, Security System, Sound System, Vaulted Ceiling
  • Net Tax: 5352
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.04615
  • Ratio Close Price By Original Li: 1.04615
  • Ratio Current Price By Sq Ft: 207.44
  • Total Sq Ft: 2639
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2010

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Electric
  • Additional Room: 1st Floor Laundry, Great Room, Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 3
  • Fireplace Features: Family Room, Gas, Living Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, Attached
  • Garage Size: 758

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 88 X 130

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2023
Sold by
Moran Brian Patrick and Moran Gina
Bought by
Moran Brian
Current Estimated Value
$391,985

Purchase Details

Listed on
Apr 8, 2021
Closed on
Jun 9, 2021
Sold by
Covington Lawrence Merrifi and Covington Tracy Lynn
Bought by
Moran Brian and Moran Gina
Seller's Agent
Jason Naakktgeboren
Pinnacle Realty LLC
Buyer's Agent
Carol Bridgewater Warner
Keller Williams Legacy Group
List Price
$325,000
Sold Price
$340,000
Premium/Discount to List
$15,000
4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.00%
Original Mortgage
$255,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2010
Sold by
T2 Homes Llc
Bought by
Covington Lawrence Merrill and Covington Tracy Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,289
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2010
Sold by
Morris Wood Enterprises Llc
Bought by
T2 Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
4.84%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Moran Brian -- --
Moran Brian $340,000 None Available
Covington Lawrence Merrill $229,000 None Available
T2 Homes Llc $44,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moran Brian $255,000
Previous Owner Covington Lawrence M $177,400
Previous Owner Covington Lawrence Merrill $183,289
Previous Owner T2 Homes Llc $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $340,000 +4.6% $129 / Sq Ft
04/11/2021 04/11/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $325,000 -- $123 / 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 $6,114 $326,600 $38,700 $287,900
2022 $5,828 $275,500 $38,700 $236,800
2021 $5,450 $275,500 $38,700 $236,800
2020 $5,450 $250,500 $38,700 $211,800
2019 $5,522 $253,300 $51,700 $201,600
2018 $5,304 $253,300 $51,700 $201,600
2017 $5,500 $256,100 $47,400 $208,700
2016 $5,526 $256,100 $47,400 $208,700
2015 $4,969 $231,100 $47,400 $183,700
2014 $4,782 $231,100 $47,400 $183,700
2013 $4,564 $231,100 $47,400 $183,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2102089

Cedar Rapids Area Association of REALTORS®

APN: 10304-04010-00000