NOT LISTED FOR SALE

3503 Merritt Rd Marshalltown, IA 50158

Estimated Value: $345,068 - $443,000

5 Beds
3 Baths
4,120 Sq Ft
$94/Sq Ft Est. Value

Last Sold May 23, 2014

Last sale price $249,900 $61 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,464/month

4 Days on Market

Highlights

  • Ranch Style House
  • 3 Car Attached Garage
  • Building Patio
  • Wood Flooring
  • Wet Bar
  • French Doors

About This Home

As of May 2014

Absolutely wonderful ranch home available now! If you desire a spacious, open concept, then this property is your perfect fit. Built in 2005, it still feels new. The great room features 11' cathedral ceilings, corner gas fireplace w/entertainment center and a large picture window viewing out to the backyard. The kitchen has a large breakfast bar and abundant oak cabinetry. It also features stainless steel appliances. Nice dining area features sliders that lead out to the stamped patio. There are 3 main floor bedrooms and two bathrooms, including a private master suite. The entire lower level is finished. The family room is HUGE and has plenty of room for entertaining. Fun bar/kitchen space with oak cabinets, sink & room for a fridge. Two additional bedrooms and a 3rd bathroom. Very private fenced-in backyard with swingset and oversized 3 stall garage. This is the time! View Today!

Last Agent to Sell the Property

Kristin Polley

Five Star Real Estate Group Listed on: 03/21/2014

Five Star Real Estate Group

Last Buyer's Agent

Valerie Bellile

1st Rate Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,954

Year Built

  • Built in 2005

Lot Details

  • 0.33 Acre Lot
  • Property is Fully Fenced

Parking

  • 3 Car Attached Garage

Home Design

  • Ranch Style House
  • Poured Concrete
  • Slate Roof
  • Vinyl Siding

Interior Spaces

  • 4,120 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • French Doors
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Building Patio
  • Community Deck or Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,954

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Copyright Remarks: Yes
  • Legal Description: Milo Park 3rd Add Lot 19
  • Municipality: Marshalltown
  • Year Built: 2005
  • OFFICELIST_ADDRESS: 3503 Merritt Road
  • Co Selling Office I D: 558
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2014-03-21
  • List Office I D: 558
  • M L Number Foreign: MIR32013926
  • Sales Office I D: 558
  • Selling Agent: 1804
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Road
  • Building Style: Ranch
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Disposal
  • Flooring: Hardwood
  • Bedrooms: 5
  • Bedroom 1: No
  • Bedroom 2: No
  • Bedroom 3: No
  • Bedroom 4: No
  • Total Bathrooms: 3
  • Basement: Full, Sump Pump, Poured Concrete
  • Dining Room: No
  • Family Room: No
  • Kitchen: No
  • Living Room: No
  • Price Per S Q F T: 60.66
  • Above Grade Finished Sq Ft: 4120
  • Fireplace Chars: Gas Burning
  • Room Types: Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Bedroom 1, Bedroom 4, Kitchen, Living Room, Bedroom 2, Bedroom 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Fencing: Full
  • Roof: Slate
  • Outbuildings: Storage Shed

Garage/Parking

  • Description: Attached Garage
  • Fuel: Natural Gas

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 3
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected
  • Electric: Circuit Breakers

Condo/Co-op/Association

  • Amenities: Patio, Kitchen Center Island, Ceiling Fan(s), French Doors, Wet Bar, Cable

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: Marshalltown

Lot Info

  • New Develop: No
  • Acres: 0.33
  • Lot Size Sq Ft: 14375
  • Lot Size Units: Acres
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Tax Info

  • Tax With Assessments: 4849

MLS Schools

  • School District: 4104 - Marshalltown
  • School District Name: Marshalltown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2014
Closed on
May 22, 2014
Sold by
Holmgren Timothy J and Thomas Janelle A
Bought by
Sommerlot Michael A and Sommerlot Raelene A
Seller's Agent
Kristin Polley
Five Star Real Estate Group
Buyer's Agent
Valerie Bellile
1st Rate Real Estate
List Price
$257,900
Sold Price
$249,900
Premium/Discount to List
-$8,000
-3.1%
Current Estimated Value
$387,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,117
Avg. Annual Appreciation
3.91%
Original Mortgage
$149,900
Outstanding Balance
$45,937
Interest Rate
4.28%
Mortgage Type
New Conventional
Estimated Equity
$341,080

Purchase Details

Closed on
Jun 22, 2005
Sold by
Star Homes Of Iowa Inc
Bought by
Holmgren Timothy J and Holmgren Jarelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,500
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 22, 2005
Sold by
Sj & Ml Partnership
Bought by
Star Homes Of Iowa Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,800
Interest Rate
5.64%
Mortgage Type
Construction
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
Sommerlot Michael A $250,000 None Available
Holmgren Timothy J $210,500 None Available
Star Homes Of Iowa Inc $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sommerlot Michael A $149,900
Previous Owner Holmgren Timothy J $188,500
Previous Owner Star Homes Of Iowa Inc $175,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2014 05/23/14 Sold $249,900 -3.1% $61 / Sq Ft
03/25/2014 03/25/14 Pending -- -- --
03/21/2014 03/21/14 For Sale $257,900 -- $63 / Sq Ft
Source: NoCoast MLS

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 $4,954 $321,480 $42,200 $279,280
2024 $4,954 $280,380 $42,200 $238,180
2023 $5,754 $280,380 $42,200 $238,180
2022 $5,820 $265,920 $26,570 $239,350
2021 $5,622 $265,920 $26,570 $239,350
2020 $5,824 $247,100 $26,570 $220,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5453216

NoCoast MLS

APN: 8318-05-252-007