$78,225
SOLD AUG 27, 2015

50 Thompson Dr Palo, IA 52324

3 Beds
2 Baths
1,272 Sq Ft
0.28 Acres

Recently Sold

$61 Per Sq Ft

10% Below List Price

45 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Forced Air Cooling System
  • John F. Kennedy High School Rated A-
  • 2 Car Attached Garage

About This Home

As of January 2023

This ranch home has lots of storage area in the basement, a dining area, and first floor laundry. Prior to writing any offers, buyer should verify with the city the following issues: Buyers will be responsible for connecting water from the street to the house; Confirmation of final occupancy inspection; Additional sewer plug costs; and the days in which the new occupants must be in compliance. This is a homepath property. All offers are submitted on homepath.com. See homepath for owner occ period. Addendum must be completed before uploading to homepath. Don't miss 10(f) on addendum. Agents -- Email fusionshowingdesk@yahoo.com to arrange all showings.

Last Agent to Sell the Property

KATHY EIGHME

FUSION REALTORS Listed on: 06/13/2015

Last Buyer's Agent

Doug Mcallister

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • 1989

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 111 x 111

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • 1,272 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Year Built

1989

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2800
  • Above Grade Finished Sq Ft: 1272
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Palo
  • Gross Tax: 2555
  • List User Cell Phone: 319-231-6980
  • Miscellaneous: Deck
  • Net Tax: 2380
  • Other: Repo
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.90017
  • Ratio Close Price By Original Li: 0.90017
  • Ratio Current Price By Sq Ft: 61.50
  • Total Sq Ft: 1272
  • Tax Roll Number: 122917800600000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1989

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Room Count: 6

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

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

Schools

  • Elementary School: Viola Gibson
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: 111 X 111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2022
Closed on
Jan 11, 2023
Sold by
Evans Briana N and Evans Todd W
Bought by
Neis Trevor Austin and Neis Sophie Mae
Seller's Agent
Jennifer Jacobs
RE/MAX CONCEPTS
Buyer's Agent
Jenna Burt-Top Tier Home Team
Keller Williams Legacy Group
List Price
$215,000
Sold Price
$200,000
Premium/Discount to List
-$15,000
-6.98%
Views
33
Current Estimated Value
$238,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,044
Avg. Annual Appreciation
6.93%
Original Mortgage
$196,377
Interest Rate
6.33%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 14, 2018
Closed on
Feb 13, 2019
Sold by
Schowalter Justin D
Bought by
Evans Briana N and Evans Todd W
Seller's Agent
Cathy Coffman
Pinnacle Realty LLC
Buyer's Agent
Matt Ford
SKOGMAN REALTY
List Price
$150,000
Sold Price
$135,500
Premium/Discount to List
-$14,500
-9.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%
Original Mortgage
$137,626
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2015
Sold by
Slattery Chadwick J and Slattery Nicole M
Bought by
Schowalter Justin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
3.8%

Purchase Details

Listed on
Jun 13, 2015
Closed on
Aug 26, 2015
Sold by
Federal National Mortgage Association and Fannie Mae
Bought by
Slattery Chadwick J
Seller's Agent
KATHY EIGHME
FUSION REALTORS
Buyer's Agent
Doug Mcallister
Pinnacle Realty LLC
List Price
$86,900
Sold Price
$78,225
Premium/Discount to List
-$8,675
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.76%
Original Mortgage
$106,500
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2015
Sold by
Green Tree Servicing Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 10, 2015
Sold by
Cummings Chad M and Cummings Jessica K
Bought by
Green Tree Servicing Llc

Purchase Details

Closed on
Feb 25, 2009
Sold by
Schafrick Garland W and Schafrick Marjorie J
Bought by
Cummings Chad M and Cummings Jessica K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
4.91%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Warranty Deed $200,000 --
Warranty Deed $135,500 Security First Title Co
Warranty Deed -- --
Special Warranty Deed -- --
Warranty Deed -- None Available
Sheriffs Deed $138,440 None Available
Warranty Deed $74,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $196,271 FHA
Closed $196,377 FHA
Previous Owner $135,800 New Conventional
Previous Owner $137,626 New Conventional
Previous Owner $27,000 No Value Available
Previous Owner $108,000 New Conventional
Previous Owner $106,500 New Conventional
Previous Owner $128,000 Unknown
Previous Owner $128,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2023 01/19/23 Sold $200,000 -4.3% $157 / Sq Ft
12/09/2022 12/09/22 Pending -- -- --
12/05/2022 12/05/22 Price Changed $209,000 -2.8% $164 / Sq Ft
11/13/2022 11/13/22 For Sale $215,000 +58.7% $169 / Sq Ft
02/15/2019 02/15/19 Sold $135,500 -6.6% $107 / Sq Ft
12/21/2018 12/21/18 Pending -- -- --
11/26/2018 11/26/18 Price Changed $145,000 -3.3% $114 / Sq Ft
11/14/2018 11/14/18 For Sale $150,000 +91.8% $118 / Sq Ft
08/27/2015 08/27/15 Sold $78,225 -10.0% $61 / Sq Ft
07/28/2015 07/28/15 Pending -- -- --
06/13/2015 06/13/15 For Sale $86,900 -- $68 / 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 $3,112 $193,500 $27,600 $165,900
2023 $3,112 $193,500 $27,600 $165,900
2022 $3,156 $169,400 $27,600 $141,800
2021 $3,004 $169,400 $27,600 $141,800
2020 $3,004 $156,300 $27,600 $128,700
2019 $2,796 $138,500 $27,600 $110,900
2018 $2,738 $138,500 $27,600 $110,900
2017 $2,672 $130,000 $27,600 $102,400
2016 $2,576 $130,000 $27,600 $102,400
2015 $2,609 $130,000 $27,600 $102,400
2014 $4,234 $130,000 $27,600 $102,400
2013 $1,820 $130,000 $27,600 $102,400
Source: Public Records

Agents Affiliated with this Home

  • Matt Smith

    Seller Co-Listing Agent in 2023

    Matt Smith

    RE/MAX

    (319) 431-5859

    186 Total Sales

    Matt Smith
    Section Image

  • C

    Seller's Agent in 2019

    Cathy Coffman

    Pinnacle Realty LLC

  • Matt Ford

    Buyer's Agent in 2019

    Matt Ford

    SKOGMAN REALTY

    (319) 270-8747

    94 Total Sales

    Matt Ford
    Section Image

  • K

    Seller's Agent in 2015

    KATHY EIGHME

    FUSION REALTORS

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1504778

Cedar Rapids Area Association of REALTORS®

APN: 12291-78006-00000

Iowa Linn County Palo 52324

50 Thompson Dr, Palo, IA

This home is located at 50 Thompson Dr, Palo, IA 52324 and is currently priced at $78,225, approximately $61 per square foot. This property was built in 1989. 50 Thompson Dr is a home located in Linn County with nearby schools including Viola Gibson Elementary School, Harding Middle School, and John F. Kennedy 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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