NOT LISTED FOR SALE

402 S Market St Solon, IA 52333

Estimated Value: $185,000 - $235,000

2 Beds
2 Baths
1,008 Sq Ft
$202/Sq Ft Est. Value

Last Sold November 29, 2019

Last sale price $129,900 $129 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,291/month

14 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Fenced
  • Solon Middle School Rated A-
  • Forced Air Cooling System
  • 3-minute walk to Mushroom Park Bandstand

About This Home

As of November 2019

Home being sold As Is. Great investment property. 2BR up with 1 BR Up. Spacious living room, kitchen and dining area on the main. Lower level could be another 1000 sqft finished. Non conforming 3rd bedroom in LL. Bath, 2 work areas in lower level. Home has an amazing fenced in wooded yard and side yard. 1 Car garage attached by a car port.

Last Agent to Sell the Property

Matthew Lepic

LEPIC-KROEGER CORRIDOR, REALTORS Listed on: 10/28/2019

LEPIC-KROEGER CORRIDOR, REALTORS

Last Buyer's Agent

Matthew Lepic

LEPIC-KROEGER CORRIDOR, REALTORS Listed on: 10/28/2019

LEPIC-KROEGER CORRIDOR, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,470

Year Built

  • 1952

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 90 x 124
  • Fenced

Parking

  • 1 Car Garage

Home Design

  • 1,008 Sq Ft Home
  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Kitchen

  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,470

Year Built

1952

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2600
  • Above Grade Finished Sq Ft: 1008
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Solon
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2470
  • List User Cell Phone: 319-321-7199
  • Miscellaneous: Fencing
  • Net Tax: 2470
  • 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: 128.87
  • Total Sq Ft: 1008
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: RES
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Basement: Block, Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car
  • Garage Size: 12x24

Utilities

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

Schools

  • Elementary School: Solon
  • Middle School: Solon
  • High School: Solon

Lot Info

  • Lot Size: 90 x 124

Building Info

  • Builder Name: uk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2019
Closed on
Nov 27, 2019
Sold by
Peak Investments Llc
Bought by
Ledger Alexander
Seller's Agent
Matthew Lepic
LEPIC-KROEGER CORRIDOR, REALTORS
Buyer's Agent
Matthew Lepic
LEPIC-KROEGER CORRIDOR, REALTORS
List Price
$129,900
Sold Price
$129,900
Current Estimated Value
$203,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,741
Avg. Annual Appreciation
8.02%
Original Mortgage
$116,910
Outstanding Balance
$104,212
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$99,003

Purchase Details

Closed on
Aug 13, 2019
Sold by
Westen Derek Adam and Westen Amanda Nichole
Bought by
Peak Investments Llc

Purchase Details

Closed on
Jun 29, 2014
Sold by
Castillo Gregory J and Elam Castillo Tamara L
Bought by
Westen Derek A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,935
Interest Rate
4.13%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 25, 2008
Sold by
Phillips Curt A and Phillips Jewell L
Bought by
Castillo Gregory J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,100
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
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
Ledger Alexander $130,000 None Available
Peak Investments Llc $90,171 None Available
Westen Derek A $114,000 None Available
Castillo Gregory J $119,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ledger Alexander $116,910
Previous Owner Westen Derek A $110,042
Previous Owner Westen Derek A $111,935
Previous Owner Castillo Gregory J $107,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2019 11/29/19 Sold $129,900 0.0% $129 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
10/28/2019 10/28/19 For Sale $129,900 -- $129 / 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
2024 $2,474 $150,200 $63,500 $86,700
2023 $2,774 $150,200 $63,500 $86,700
2022 $2,742 $144,800 $55,000 $89,800
2021 $2,610 $144,800 $55,000 $89,800
2020 $2,610 $132,100 $42,300 $89,800
2019 $2,470 $132,100 $42,300 $89,800
2018 $2,422 $123,500 $42,300 $81,200
2017 $2,422 $123,500 $42,300 $81,200
2016 $2,312 $118,200 $42,300 $75,900
2015 $2,312 $118,200 $42,300 $75,900
2014 $2,206 $112,000 $42,300 $69,700
Source: Public Records

Agents Affiliated with this Home

  • Matthew Lepic

    Seller's Agent in 2019

    Matthew Lepic

    LEPIC-KROEGER CORRIDOR, REALTORS

    (319) 321-7199

    120 in this area

    574 Total Sales

    Matthew Lepic
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1907869

Cedar Rapids Area Association of REALTORS®

APN: 0224383007

Iowa Johnson County Solon 52333

402 S Market St, Solon, IA

This home is located at 402 S Market St, Solon, IA 52333 since 28 October 2019 and is currently estimated at $203,641, approximately $202 per square foot. This property was built in 1952. 402 S Market St is a home located in Johnson County with nearby schools including Lakeview Elementary School, Solon Middle School, and Solon 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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