NOT LISTED FOR SALE

4638 Shellsburg Rd Palo, IA 52324

Estimated Value: $434,000 - $540,000

3 Beds
2 Baths
2,858 Sq Ft
$176/Sq Ft Est. Value

Last Sold July 15, 2015

Last sale price $315,000 $110 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,209/month

13 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Cooling System
  • Patio
  • John F. Kennedy High School Rated A-
  • Breakfast Bar
  • Water Softener is Owned

About This Home

As of July 2015

This home is located at 4638 Shellsburg Rd, Palo, IA 52324 since 21 May 2015 and is currently estimated at $501,867, approximately $175 per square foot. This property was built in 2010. 4638 Shellsburg Rd is a home located in Linn County with nearby schools including Viola Gibson Elementary School, Harding Middle School, and John F. Kennedy High School.

Last Agent to Sell the Property

Darrell Cannon

MOTTINGER REAL ESTATE GROUP Listed on: 05/21/2015

Last Buyer's Agent

Darrell Cannon

MOTTINGER REAL ESTATE GROUP Listed on: 05/21/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,093

Year Built

  • 2010

Lot Details

  • 5

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Central Vacuum
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Garage
  • Garage Door Opener

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic System

Additional Features

  • Patio
  • 5 Acre Lot

Community Details

  • Built by CANNON

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,093

Year Built

2010

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 5.0000
  • Above Grade Finished Sq Ft: 1642
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Palo
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 5093
  • List User Cell Phone: 319-360-6642
  • Low Lvl Fin Sq Ft: 1216
  • Miscellaneous: Patio
  • Net Tax: 4918
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.95745
  • Ratio Close Price By Original Li: 0.95745
  • Ratio Current Price By Sq Ft: 191.84
  • Total Sq Ft: 2858
  • Taxable Value Tv: 269600.00
  • Tax Roll Number: 123010100200000
  • Water Sewer Roads: Septic System, Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2010

Interior Features

  • Appliances Included: Central Vac, Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Laundry, Living Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Living Room
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Site Description: In-Town Acrg

Exterior Features

  • Construction Methods: Frame
  • Exterior: Brick, Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars
  • Garage Size: 440

Utilities

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

Schools

  • Elementary School: Jackson
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: 5 ACRES

Building Info

  • Builder Name: CANNON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2017
Sold by
Ketchum James M and Ketchum Connie S
Bought by
Mathews Joshua M
Current Estimated Value
$501,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,580
Outstanding Balance
$182,732
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$319,136

Purchase Details

Closed on
Nov 1, 2016
Sold by
Torson Ryan M and Balk Amy J
Bought by
Ketchum James M and Ketchum Connie S

Purchase Details

Listed on
May 21, 2015
Closed on
Jul 14, 2015
Sold by
Cannon Darrell A and Cannon Angela L
Bought by
Torson Ryan M and Balk Amy J
Seller's Agent
Darrell Cannon
MOTTINGER REAL ESTATE GROUP
Buyer's Agent
Darrell Cannon
MOTTINGER REAL ESTATE GROUP
List Price
$329,000
Sold Price
$315,000
Premium/Discount to List
-$14,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$31,500
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2008
Sold by
Cabrnoch Geraldine
Bought by
Cannon Darrell A and Cannon Angela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.94%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 31, 2007
Sold by
Cabrnoch Geraldine and Van Deusen Teresa Marie
Bought by
Ralston Larson Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.19%
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
Mathews Joshua M -- None Available
Ketchum James M -- None Available
Torson Ryan M $315,000 None Available
Cannon Darrell A $109,500 None Available
Ralston Larson Development Llc $139,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathews Joshua M $218,580
Previous Owner Torson Ryan M $31,500
Previous Owner Cannon Darrell A $85,000
Previous Owner Ralston Larson Development Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2015 07/15/15 Sold $315,000 -4.3% $110 / Sq Ft
06/03/2015 06/03/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $329,000 -- $115 / 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
2025 $6,572 $468,600 $70,000 $398,600
2024 $6,944 $446,100 $70,000 $376,100
2023 $6,944 $446,100 $70,000 $376,100
2022 $7,042 $367,100 $70,000 $297,100
2021 $6,444 $367,100 $70,000 $297,100
2020 $6,444 $313,700 $70,000 $243,700
2019 $5,892 $313,700 $70,000 $243,700
2018 $5,882 $300,400 $70,000 $230,400
2017 $5,882 $304,700 $70,000 $234,700
2016 $5,343 $269,600 $70,000 $199,600
2015 $5,170 $259,100 $70,000 $189,100
2014 $5,024 $259,100 $70,000 $189,100
2013 $4,918 $259,100 $70,000 $189,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1504069

Cedar Rapids Area Association of REALTORS®

APN: 12301-01002-00000