NOT LISTED FOR SALE

406 2nd St SW Mount Vernon, IA 52314

Estimated Value: $364,000 - $438,000

5 Beds
4 Baths
2,767 Sq Ft
$144/Sq Ft Est. Value

Last Sold March 04, 2016

Last sale price $255,000 $92 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,619/month

37 Days on Market

Highlights

  • Deck
  • Den
  • 2 Car Detached Garage
  • Mount Vernon Middle School Rated A-
  • Formal Dining Room
  • Forced Air Cooling System

About This Home

As of March 2016

This home is located at 406 2nd St SW, Mount Vernon, IA 52314 since 10 December 2015 and is currently estimated at $397,514, approximately $143 per square foot. This property was built in 1890. 406 2nd St SW is a home located in Linn County with nearby schools including Washington Elementary School, Mount Vernon Middle School, and Mount Vernon High School.

Last Agent to Sell the Property

Molly Jo Wolfe

COLDWELL BANKER LEE'S TOWN and COUNTRY Listed on: 12/10/2015

COLDWELL BANKER LEE'S TOWN and COUNTRY

Last Buyer's Agent

Phil O'Brien

Urban Acres Real Estate Corridor

Urban Acres Real Estate Corridor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,837

Year Built

  • 1890

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 72 x 132

Home Design

  • Frame Construction

Interior Spaces

  • 2,767 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Den
  • Laundry on upper level

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • On-Street Parking

Outdoor Features

  • Deck
  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,837

Year Built

1890

Lot Details

0

Listing Details

  • Style: Over 2 Stories
  • Acres: 0.2200
  • Above Grade Finished Sq Ft: 2767
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 4.00
  • Bedrooms Level 3: 1
  • Total Bedrooms: 5
  • City Name: Mt Vernon
  • Dining Features: Breakfast Bar, Formal Dining
  • Gross Tax: 4837
  • List User Cell Phone: 319-210-8813
  • Miscellaneous: Cable Ready, Deck, Patio
  • Net Tax: 4648
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.92727
  • Ratio Close Price By Original Li: 0.92727
  • Ratio Current Price By Sq Ft: 92.16
  • Total Sq Ft: 2767
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1890

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas, Water Softener – Lease
  • Additional Room: 2nd Floor Laundry, Den/Study, Living Room
  • Basement: Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 4
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 3
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Level 3 Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 9

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Detached, On Street Parking
  • Garage Size: 24X26

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: 72 X 132

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2015
Closed on
Feb 24, 2016
Sold by
Banwart Larry and Banwart Beth L
Bought by
Westhoff Patrick C and Westhoff Jaclyn R
Seller's Agent
Molly Jo Wolfe
COLDWELL BANKER LEE'S TOWN and COUNTRY
Buyer's Agent
Phil O'Brien
Urban Acres Real Estate Corridor
List Price
$275,000
Sold Price
$255,000
Premium/Discount to List
-$20,000
-7.27%
Current Estimated Value
$397,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,514
Avg. Annual Appreciation
5.25%

Purchase Details

Closed on
Nov 5, 2009
Sold by
Ellis James M and Ellis Tami Jo
Bought by
Duarte Quentin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,600
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2003
Sold by
Rife John A and Rife Roger E
Bought by
Banwart Larry and Banwart Beth L
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
Westhoff Patrick C -- None Available
Duarte Quentin W $64,000 None Available
Banwart Larry $134,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westhoff Patrick C $25,000
Previous Owner Banwart Larry D $141,000
Previous Owner Banwart Larry D $70,000
Previous Owner Duarte Quentin W $51,600
Previous Owner Banwart Beth L $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2016 03/04/16 Sold $255,000 -7.3% $92 / Sq Ft
01/16/2016 01/16/16 Pending -- -- --
12/10/2015 12/10/15 For Sale $275,000 -- $99 / 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 $6,014 $364,800 $29,700 $335,100
2023 $6,014 $364,800 $29,700 $335,100
2022 $5,874 $295,600 $29,700 $265,900
2021 $5,180 $295,600 $29,700 $265,900
2020 $5,180 $245,500 $29,700 $215,800
2019 $4,864 $228,700 $29,700 $199,000
2018 $4,748 $228,700 $29,700 $199,000
2017 $4,845 $223,000 $29,700 $193,300
2016 $4,845 $223,000 $29,700 $193,300
2015 $4,837 $223,000 $29,700 $193,300
2014 $4,648 $223,000 $29,700 $193,300
2013 $4,494 $223,000 $29,700 $193,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1591900

Cedar Rapids Area Association of REALTORS®

APN: 17103-31002-00000