NOT LISTED FOR SALE

3623 E Otter Rd Marion, IA 52302

Estimated Value: $411,000 - $566,000

3 Beds
2 Baths
3,482 Sq Ft
$136/Sq Ft Est. Value

Last Sold May 07, 2018

Last sale price $279,950 $80 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,944/month

112 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Formal Dining Room
  • Alburnett Junior/Senior High School Rated 9+
  • Hydromassage or Jetted Bathtub
  • 3 Car Attached Garage

About This Home

As of May 2018

Only minutes from the Toddville exit, this 2-story feels like a country home should. It lives large! There's a nice blend of updates while retaining the country feel of a 1900-era home that you'll love. There are 3 bedrooms and 2 baths – the huge master is upstairs and you’ll appreciate the additional sitting area/office space. Spending time in the kitchen will be welcome with the amazing amounts of cupboard and counter space, plus pull-outs, it has the appeal of a true country kitchen. The main level also boasts a living room, reading room and den plus bedroom. Upstairs you’ll find 2 bedrooms and a family room that you’ve never seen the likes of. It’s an enormous space that will contain all manner of entertainment you can think of – big screen tv, workout equipment, gaming area and more.
Set on 2.4 acres. There are 2 laundry spots (1s & 2nd floor), plus 2 furnaces for zoned heating. $3,000 carpet allowance.

Last Agent to Sell the Property

Steven C Peterson

RE/MAX CONCEPTS Listed on: 11/06/2017

RE/MAX CONCEPTS

Last Buyer's Agent

Jaime Whitehead

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,972

Year Built

  • 1900

Lot Details

  • 2.4 Acre Lot
  • Fenced
  • Wooded Lot

Home Design

  • Frame Construction

Interior Spaces

  • 3,482 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic System
  • Satellite Dish

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,972

Year Built

1900

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 2.4000
  • Above Grade Finished Sq Ft: 3482
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Marion
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 3972
  • List User Cell Phone: 319-551-3375
  • Miscellaneous: Deck, Fencing, Jetted Tub, Satellite Dish
  • Net Tax: 3972
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.93332
  • Ratio Current Price By Sq Ft: 80.40
  • Total Sq Ft: 3482
  • Water Sewer Roads: Septic System, Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Laundry, 2nd Floor Laundry, Living Room
  • Basement: Crawl, Partial
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 2
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Site Description: Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Steel

Garage/Parking

  • Garage/Parking: 3 Cars, Attached, Heated Garage
  • Garage Size: 814

Utilities

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

Schools

  • Elementary School: Alburnett
  • Middle School: Alburnett
  • High School: Alburnett

Lot Info

  • Lot Size: 2.4 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2018
Sold by
Morris Brenda L and Morris Brian L
Bought by
Sankey Joshua W and Sankey Diana M
Current Estimated Value
$472,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,955
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 26, 2012
Closed on
Feb 26, 2013
Sold by
Jst Enterprises Llc
Bought by
Melichar Fred R and Melichar Debra A
Seller's Agent
Alicia Porter
RE/MAX CONCEPTS
Buyer's Agent
Alicia Porter
RE/MAX CONCEPTS
List Price
$475,000
Sold Price
$410,000
Premium/Discount to List
-$65,000
-13.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.15%

Purchase Details

Listed on
Mar 26, 2012
Closed on
Sep 28, 2012
Sold by
Melichar Fred R and Melichar Debra A
Bought by
Morris Brian R and Morris Brenda L
Seller's Agent
Alicia Porter
RE/MAX CONCEPTS
Buyer's Agent
Doug Lemon
SKOGMAN REALTY
List Price
$274,900
Sold Price
$272,000
Premium/Discount to List
-$2,900
-1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
172.06%
Original Mortgage
$216,400
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 23, 2011
Sold by
Jst Enterprises Llc
Bought by
Melichar Fred R and Melichar Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.75%
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
Sankey Joshua W $280,000 None Available
Melichar Fred R $392,500 None Available
Morris Brian R $272,000 None Available
Melichar Fred R $272,000 None Available
Melichar Fred R $392,052 None Available
Jst Enterprises Llc $391,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sankey Joshua W $27,995
Previous Owner Sankey Joshua W $251,955
Previous Owner Morris Brian L $15,000
Previous Owner Melichar Fred R $216,400
Previous Owner Jst Enterprises Llc $280,000
Previous Owner Melichar Fred R $193,000
Previous Owner Melichar Fred R $75,000
Previous Owner Melichar Fred R $89,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2018 05/07/18 Sold $279,950 0.0% $80 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
01/31/2018 01/31/18 Price Changed $279,950 -1.8% $80 / Sq Ft
12/21/2017 12/21/17 Price Changed $284,950 -1.7% $82 / Sq Ft
12/04/2017 12/04/17 Price Changed $289,950 -3.3% $83 / Sq Ft
11/06/2017 11/06/17 For Sale $299,950 -26.8% $86 / Sq Ft
02/27/2013 02/27/13 Sold $410,000 -13.7% --
11/27/2012 11/27/12 Pending -- -- --
03/26/2012 03/26/12 For Sale $475,000 -- --
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
2024 $4,642 $373,600 $84,500 $289,100
2023 $4,642 $373,600 $84,500 $289,100
2022 $4,402 $328,400 $84,500 $243,900
2021 $4,462 $314,900 $84,500 $230,400
2020 $4,462 $294,000 $57,000 $237,000
2019 $3,782 $269,300 $57,000 $212,300
2018 $3,678 $269,300 $57,000 $212,300
2017 $3,678 $256,200 $57,000 $199,200
2016 $3,904 $256,200 $57,000 $199,200
2015 $4,176 $256,200 $57,000 $199,200
2014 $4,176 $256,200 $57,000 $199,200
2013 $4,092 $256,200 $57,000 $199,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1709834

Cedar Rapids Area Association of REALTORS®

APN: 06324-51004-00000