NOT LISTED FOR SALE

502 E 5th St Solon, IA 52333

Estimated Value: $262,000 - $293,000

2 Beds
1.5 Baths
1,840 Sq Ft
$151/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $245,000 $133 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,802/month

25 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Whirlpool Bathtub
  • Property is near schools and shops
  • Solon Middle School Rated A-
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of December 2022

Welcome home to this conveniently located home in Solon. So many updates throughout means all you have to do is move-in! New roof in 2020, new HVAC in 2009, new front porch in 2022, new flooring throughout, freshly painted, newer kitchen appliances. There are 2 bedrooms on the main floor with a large living room featuring a wood burning fireplace and 3rd non-conforming room in the basement with another family/living room, half bath and lots of storage.

Last Agent to Sell the Property

Alicia Messer

Urban Acres Real Estate Listed on: 11/04/2022

Urban Acres Real Estate

Last Buyer's Agent

Cayla Swift

Urban Acres Real Estate Corridor

Urban Acres Real Estate Corridor

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 10,237

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Schools

  • Solon Elementary And Middle School
  • Solon High School

Utilities

  • Forced Air Heating and Cooling System
  • Internet Available
  • Cable TV Available

Additional Features

  • Porch
  • Lot Dimensions are 110x93
  • Property is near schools and shops

Community Details

  • Green Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0224453013

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1840
  • Homebuilder: Unk
  • Owner Name L F Mi: Eggleston
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Remarks: Shed in backyard will convey with property. All measurements provided by Johnson County Assessor website, to be verified by buyers.
  • Year Built: 1968
  • Subdivision: Green Acres Subdivision
  • Directions: From Market Street: east on 5th Street
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to Shopping, Close to School
  • Basement Remarks: Finished, Full
  • Fireplace Type Location: In Living Room, Wood Burning
  • Interior R: Cable Available, Whirlpool
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre
  • Possession R: Immediate
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2661
  • Remarks2: Welcome home to this conveniently located home in Solon. So many updates throughout means all you have to do is move-in! New roof in 2020, new HVAC in 2009, new front porch in 2022, new flooring throughout, freshly painted, newer kitchen appliances. There are 2 bedrooms on the main floor with a large living room featuring a wood burning fireplace and 3rd non-conforming room in the basement with another family/living room, half bath and lots of storage.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Icemaker Line, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1040
  • Total Full Baths: 1
  • Total Half Baths: 1
  • Number of Lower Level Half Bathrooms: 1
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 800
  • Laundry Location: Basement
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Porch

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Ceiling Fans, Central, Forced Air

Schools

  • High School: Solon
  • Jr Middle School: Solon
  • Elementary School: Solon

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: 110x93
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 0224453013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Dec 14, 2022
Sold by
Eggleston Patrick C
Bought by
Weinschenk Chad and Weinschenk Lindsay
Seller's Agent
Alicia Messer
Urban Acres Real Estate
Buyer's Agent
Cayla Swift
Urban Acres Real Estate Corridor
List Price
$265,000
Sold Price
$245,000
Premium/Discount to List
-$20,000
-7.55%
Views
37
Current Estimated Value
$277,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,642
Avg. Annual Appreciation
4.07%
Original Mortgage
$183,750
Outstanding Balance
$178,052
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$99,430

Purchase Details

Closed on
May 15, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Eggleston Patrick C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,407
Interest Rate
4.83%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 24, 2009
Sold by
Hughes Gregory L and Hughes Edith L
Bought by
Deutsche Bank National Trust Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Weinschenk Chad $245,000 --
Eggleston Patrick C $115,500 None Available
Deutsche Bank National Trust Company $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weinschenk Chad $183,750
Previous Owner Eggleston Patrick C $113,407
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2022 12/15/22 Sold $245,000 -7.5% $133 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $265,000 -- $144 / Sq Ft
Source: Iowa City Area Association of REALTORS®

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 $4,298 $271,600 $58,600 $213,000
2024 $42 $253,700 $58,600 $195,100
2023 $3,820 $253,700 $58,600 $195,100
2022 $3,776 $208,300 $58,600 $149,700
2021 $3,814 $208,300 $58,600 $149,700
2020 $3,814 $201,600 $51,900 $149,700
2019 $3,704 $201,600 $51,900 $149,700
2018 $3,628 $193,700 $51,900 $141,800
2017 $3,628 $193,700 $51,900 $141,800
2016 $2,956 $183,500 $51,200 $132,300
2015 $2,956 $159,800 $44,600 $115,200
2014 $2,794 $150,400 $44,600 $105,800
Source: Public Records

Agents Affiliated with this Home

  • Alicia Messer

    Seller's Agent in 2022

    Alicia Messer

    Urban Acres Real Estate

    (319) 631-8486

    4 in this area

    64 Total Sales

    Alicia Messer
    Section Image
  • Cayla Swift

    Buyer's Agent in 2022

    Cayla Swift

    Urban Acres Real Estate Corridor

    (319) 331-1417

    5 in this area

    83 Total Sales

    Cayla Swift
    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202205942

Iowa City Area Association of REALTORS®

APN: 0224453013

Iowa Johnson County Solon 52333

502 E 5th St, Solon, IA

Not Listed for Sale

Detached

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.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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