3496 E Otter Rd Marion, IA 52302
Estimated payment $4,588/month
Highlights
- 22.21 Acre Lot
- Deck
- Formal Dining Room
- Alburnett Junior/Senior High School Rated 9+
- Breakfast Area or Nook
- Garage
About This Home
Experience unparalleled privacy on a scenic 22.21-acre wooded estate just minutes from Marion. This 5-bed, 4-bath home blends country seclusion with modern comfort.
The gourmet kitchen features stone countertops, ample cabinets, and built-in wine and beer refrigerators. Enjoy casual meals in the sunny breakfast nook, opening to a wraparound covered deck. A formal dining room flows into a bright sunroom with deck access. The dramatic living room boasts soaring ceilings, a fireplace, and abundant natural light. Two bedrooms complete the main floor.
Upstairs, the primary suite offers a spa-like bath with a jetted tub, tiled walk-in shower, and ample closet space. An additional bedroom has its own full bath.
The walkout lower level includes a huge rec room with a second fireplace, wet bar/kitchenette, a fifth bedroom, and a full bath—perfect for guests or an in-law suite. Step outside to a covered patio with a fire pit, beautifully landscaped yard, and a tranquil creek.
Multiple decks and patios enhance outdoor living. Car enthusiasts will love the 6-car garage. Animal and hunter enthusiasts will love the ability to have horses and private hunting grounds. This property offers space, luxury, and tranquility.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,216
Year Built
- Built in 1991
Parking
- Garage
Home Design
- Frame Construction
- Wood Siding
Interior Spaces
- 1.5-Story Property
- Wood Burning Fireplace
- Family Room with Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Basement Fills Entire Space Under The House
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Upstairs
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Schools
- Alburnett Elementary And Middle School
- Alburnett High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Well
- Water Softener is Owned
Additional Features
- Deck
- 22.21 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 11053-01001-00000
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,178 | $578,500 | $157,500 | $421,000 |
| 2023 | $6,178 | $578,500 | $157,500 | $421,000 |
| 2022 | $6,126 | $440,600 | $157,500 | $283,100 |
| 2021 | $5,910 | $440,600 | $157,500 | $283,100 |
| 2020 | $5,910 | $402,000 | $112,200 | $289,800 |
| 2019 | $3,754 | $280,400 | $15,600 | $264,800 |
| 2018 | $3,726 | $280,400 | $15,600 | $264,800 |
| 2017 | $4,039 | $267,400 | $17,600 | $249,800 |
| 2016 | $4,039 | $267,400 | $17,600 | $249,800 |
| 2015 | $4,499 | $281,300 | $31,500 | $249,800 |
| 2014 | $4,332 | $281,300 | $31,500 | $249,800 |
| 2013 | $4,222 | $281,300 | $31,500 | $249,800 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | Pending | -- | -- | -- |
| 08/15/2025 08/15/25 | Price Changed | $755,000 | -3.1% | $197 / Sq Ft |
| 07/30/2025 07/30/25 | Price Changed | $779,000 | -2.5% | $203 / Sq Ft |
| 07/09/2025 07/09/25 | Price Changed | $799,000 | -2.0% | $209 / Sq Ft |
| 06/20/2025 06/20/25 | For Sale | $815,000 | -- | $213 / Sq Ft |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $82,150 | New Conventional | |
| Closed | $468,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $100,000 | Commercial | |
| Closed | $50,000 | Commercial | |
| Closed | $143,900 | New Conventional | |
| Closed | $200,000 | Commercial | |
| Closed | $70,000 | Commercial | |
| Closed | $330,000 | Construction | |
| Closed | $500,000 | Commercial | |
| Closed | $170,000 | Unknown | |
| Closed | $20,000 | Unknown | |
| Closed | $70,125 | Unknown | |
| Closed | $28,546 | Unknown |
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2503846
APN: 11053-01001-00000
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