NOT LISTED FOR SALE

492 3rd Ave Marion, IA 52302

Estimated Value: $154,000 - $177,000

2 Beds
1.5 Baths
1,130 Sq Ft
$143/Sq Ft Est. Value

Last Sold April 19, 2017

Last sale price $110,000 $97 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,063/month

1 Day on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Forced Air Cooling System
  • Starry Elementary School Rated A-
  • Eat-In Kitchen
  • Patio

About This Home

As of April 2017

This home is located at 492 3rd Ave, Marion, IA 52302 since 20 March 2017 and is currently estimated at $161,953, approximately $143 per square foot. This property was built in 1910. 492 3rd Ave is a home located in Linn County with nearby schools including Starry Elementary School, Francis Marion Intermediate School, and Vernon Middle School.

Last Agent to Sell the Property

Pat Murphy

SKOGMAN REALTY Listed on: 03/20/2017

SKOGMAN REALTY

Last Buyer's Agent

John Phipps

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,262

Year Built

  • 1910

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,130 Sq Ft Home
  • Living Room
  • Combination Kitchen and Dining Room
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Basement

  • Block Basement Construction
  • Crawl Space

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Patio
  • Lot Dimensions are 62.5x125

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,262

Year Built

1910

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1130
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • City Name: Marion
  • Dining Features: Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 2262
  • List User Cell Phone: 319-360-0266
  • Miscellaneous: Patio
  • Net Tax: 2262
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00457
  • Ratio Close Price By Original Li: 1.00457
  • Ratio Current Price By Sq Ft: 97.35
  • Total Sq Ft: 1130
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1910

Interior Features

  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Living Room
  • Basement: Block, Crawl, Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 22X24

Utilities

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

Lot Info

  • Lot Size: 62.5X125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2017
Closed on
Apr 14, 2017
Sold by
Triangle Properties Llc
Bought by
Ash Greg A
Seller's Agent
Pat Murphy
SKOGMAN REALTY
Buyer's Agent
John Phipps
SKOGMAN REALTY
List Price
$109,500
Sold Price
$110,000
Premium/Discount to List
$500
0.46%
Current Estimated Value
$161,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,953
Avg. Annual Appreciation
4.51%
Original Mortgage
$99,000
Outstanding Balance
$82,473
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$79,480

Purchase Details

Closed on
Dec 16, 2009
Sold by
Hills Bank & Trust Company
Bought by
Triangle Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.02%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 27, 2009
Sold by
Thoreson Craig A and Thoreson Tracy Jo
Bought by
Hills Bank & Trust Company

Purchase Details

Closed on
Sep 14, 2006
Sold by
Obrien Bret A and Obrien Linda E
Bought by
Thoreson Craig and Thoreson Tracy

Purchase Details

Closed on
Aug 4, 2005
Sold by
Obrien Bret A and Obrien Linda E
Bought by
Thoreson Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Interest Rate
7.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 31, 2005
Sold by
Brandmill Jack D and Brandmill Janet A
Bought by
Obrien Bret
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ash Greg A $110,000 None Available
Triangle Properties Llc $27,000 None Available
Hills Bank & Trust Company $32,500 None Available
Thoreson Craig $49,500 None Available
Thoreson Craig $50,000 None Available
Obrien Bret $44,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ash Greg A $99,000
Previous Owner Triangle Properties Llc $30,000
Previous Owner Thoreson Craig $47,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2017 04/19/17 Sold $110,000 +0.5% $97 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $109,500 -- $97 / 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 $2,688 $166,500 $14,200 $152,300
2024 $2,370 $143,200 $14,200 $129,000
2023 $2,370 $143,200 $14,200 $129,000
2022 $2,290 $106,500 $14,200 $92,300
2021 $2,254 $106,500 $14,200 $92,300
2020 $2,254 $99,700 $14,200 $85,500
2019 $2,256 $100,100 $17,400 $82,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1703081

Cedar Rapids Area Association of REALTORS®

APN: 14011-53016-00000