NOT LISTED FOR SALE

405 8th St NW Mount Vernon, IA 52314

Estimated Value: $263,000 - $310,482

2 Beds
2 Baths
1,023 Sq Ft
$277/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $221,650 $217 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,861/month

5 Days on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • 2 Car Attached Garage
  • Mount Vernon Middle School Rated A-
  • Great Room
  • 4-minute walk to Davis Park

About This Home

As of June 2021

TO BE BUILT and currently under construction! Hard to find affordable New Construction in the heart of Mt. Vernon! This well designed Ranch utilizes every square foot of space with extra possibilities in the unfinished basement. The Open concept kitchen, dining and living areas have vaulted ceilings, plenty of natural light and access to the covered back patio that overlooks the large backyard. Kitchen will feature an island and stainless appliances. Master suite has trayed ceilings in the bedroom, double vanity sink in the bath and a massive walk-in closet. Main floor laundry and good sized 2 stall attached garage round out the main floor. White trim and cabinets, gray color scheme throughout and still time to get your choices in! Contact Listing Agent for additional information

Last Agent to Sell the Property

Jonathan Doerrfeld

Realty87 Listed on: 10/16/2020

Realty87

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $586

Year Built

  • 2021

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 69 x 185
  • Level Lot

Home Design

  • Home to be built
  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,023 Sq Ft Home
  • Vaulted Ceiling
  • Great Room
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Built by Madison's Homes

Home Details

Home Type

Single Family

Est. Annual Taxes

$586

Year Built

2021

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2900
  • Above Grade Finished Sq Ft: 1023
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Mt Vernon
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 586
  • List User Cell Phone: 319-202-0001
  • Miscellaneous: Cable Ready, Patio, Vaulted Ceiling
  • Net Tax: 586
  • New Construction: To Be Built
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00755
  • Ratio Close Price By Original Li: 1.00755
  • Ratio Current Price By Sq Ft: 216.67
  • Total Sq Ft: 1023
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2021

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Great Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Site Description: Level

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

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

Schools

  • Elementary School: Mt Vernon
  • Middle School: Mt Vernon
  • High School: Mt Vernon

Lot Info

  • Lot Size: 69 x 185

Building Info

  • Builder Name: Madison's Homes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Jun 18, 2021
Sold by
Madisons Resurfacing Llc
Bought by
Ball Ethan and Edwards Brittney
Seller's Agent
Jonathan Doerrfeld
Realty87
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$219,990
Sold Price
$221,650
Premium/Discount to List
$1,660
0.75%
Current Estimated Value
$282,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,221
Avg. Annual Appreciation
5.99%
Original Mortgage
$199,485
Outstanding Balance
$181,002
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$101,869

Purchase Details

Listed on
Aug 26, 2020
Closed on
Sep 24, 2020
Sold by
Grace Mhire Elizabeth and Grace David M
Bought by
Madisons Resurfacing Llc
Seller's Agent
Molly Jo Wolfe
COLDWELL BANKER LEE'S TOWN and COUNTRY
Buyer's Agent
Jonathan Doerrfeld
Realty87
List Price
$25,000
Sold Price
$22,500
Premium/Discount to List
-$2,500
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2195.82%
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
Ball Ethan $222,000 None Available
Madisons Resurfacing Llc $35,200 Wolfe Douglas D
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ball Ethan D $55,000
Open Ball Ethan $199,485
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $221,650 +0.8% $217 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $219,990 +877.7% $215 / Sq Ft
09/25/2020 09/25/20 Sold $22,500 -10.0% --
08/29/2020 08/29/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $25,000 -- --
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 $3,874 $300,900 $27,300 $273,600
2023 $3,874 $300,900 $27,300 $273,600
2022 $1,644 $193,600 $27,300 $166,300
2021 $508 $89,200 $27,300 $61,900
2020 $508 $23,200 $23,200 $0
2019 $586 $26,500 $26,500 $0
2018 $572 $26,500 $26,500 $0
2017 $576 $26,500 $26,500 $0
2016 $576 $26,500 $26,500 $0
2015 $574 $26,500 $26,500 $0
2014 $574 $26,500 $26,500 $0
2013 $278 $26,500 $26,500 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jonathan Doerrfeld

    Realty87

    (319) 202-0001

    3 in this area

    131 Total Sales

    Jonathan Doerrfeld
    Section Image

  • D

    Buyer's Agent in 2021

    Donald Fieldhouse

    Cedar Rapids Area Association of REALTORS

    (239) 774-6598

    33 in this area

    4,935 Total Sales

    Donald Fieldhouse
    Section Image

  • M

    Seller's Agent in 2020

    Molly Jo Wolfe

    COLDWELL BANKER LEE'S TOWN and COUNTRY

    (319) 210-8813

    49 in this area

    103 Total Sales

    Molly Jo Wolfe
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2007259

Cedar Rapids Area Association of REALTORS®

APN: 17102-02012-00000

Iowa Linn County Mount Vernon 52314

405 8th St NW, Mount Vernon, IA

This home is located at 405 8th St NW, Mount Vernon, IA 52314 since 16 October 2020 and is currently estimated at $282,871, approximately $276 per square foot. This property was built in 2021. 405 8th St NW is a home located in Linn County with nearby schools including Washington Elementary School, Mount Vernon Middle School, and Mount Vernon 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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