NOT LISTED FOR SALE

502 Lantern Ln SW Mount Vernon, IA 52314

Estimated Value: $203,000 - $247,000

2 Beds
1 Bath
1,028 Sq Ft
$214/Sq Ft Est. Value

Last Sold August 26, 2015

Last sale price $122,000 $119 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,436/month

80 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Forced Air Cooling System
  • Mount Vernon Middle School Rated A-
  • 2 Car Attached Garage
  • Breakfast Bar

About This Home

As of August 2015

This home is located at 502 Lantern Ln SW, Mount Vernon, IA 52314 since 27 April 2015 and is currently estimated at $219,873, approximately $213 per square foot. This property was built in 1972. 502 Lantern Ln 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

Bob Blythe

COLDWELL BANKER LEE'S TOWN and COUNTRY Listed on: 04/27/2015

COLDWELL BANKER LEE'S TOWN and COUNTRY

Last Buyer's Agent

Darlene Allard

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,571

Year Built

  • 1972

Home Design

  • 1,028 Sq Ft Home
  • Split Foyer
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Deck
  • Lot Dimensions are 63 x 220
  • Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,571

Year Built

1972

Lot Details

0

Listing Details

  • Style: Split Foyer
  • Above Grade Finished Sq Ft: 1028
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Mt Vernon
  • Dining Features: Breakfast Bar
  • Gross Tax: 2571
  • List User Cell Phone: 319-270-8600
  • Miscellaneous: Deck
  • Net Tax: 2384
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.93846
  • Ratio Close Price By Original Li: 0.85915
  • Ratio Current Price By Sq Ft: 118.68
  • Total Sq Ft: 1028
  • Tax Roll Number: 17103560250000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Range, Refrigerator, Water Heater – Gas, Water Softener – Lease
  • Basement: Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 624

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: 63 X 220

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2015
Closed on
Sep 1, 2015
Sold by
Ann M Niehaus Revocable Trust and Niehaus Frederick D Revocable Trust
Bought by
Estrada Kari K and Estrada Estradalona
Seller's Agent
Bob Blythe
COLDWELL BANKER LEE'S TOWN and COUNTRY
Buyer's Agent
Darlene Allard
SKOGMAN REALTY
List Price
$142,000
Sold Price
$122,000
Premium/Discount to List
-$20,000
-14.08%
Current Estimated Value
$219,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,873
Avg. Annual Appreciation
6.06%
Original Mortgage
$124,489
Outstanding Balance
$98,475
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$121,398

Purchase Details

Listed on
Aug 7, 2013
Closed on
Aug 29, 2013
Sold by
Vittetoe Marilyn J
Bought by
Frederick D Niehaus Revocable Trust and Ann M Niehaus Revocable Trust
Buyer's Agent
Bob Blythe
COLDWELL BANKER LEE'S TOWN and COUNTRY
List Price
$129,900
Sold Price
$129,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.10%
Original Mortgage
$97,425
Interest Rate
4.38%
Mortgage Type
Commercial
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
Estrada Kari K -- --
Frederick D Niehaus Revocable Trust $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lona Luis E Estrada $22,000
Open Estrada Kari K $124,489
Previous Owner Frederick D Niehaus Revocable Trust $97,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2015 08/26/15 Sold $122,000 -14.1% $119 / Sq Ft
07/16/2015 07/16/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $142,000 +9.3% $138 / Sq Ft
08/30/2013 08/30/13 Sold $129,900 0.0% $127 / Sq Ft
08/08/2013 08/08/13 Pending -- -- --
08/07/2013 08/07/13 For Sale $129,900 -- $127 / 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 $2,882 $185,000 $30,000 $155,000
2023 $2,882 $185,000 $30,000 $155,000
2022 $2,814 $146,300 $30,000 $116,300
2021 $2,732 $146,300 $30,000 $116,300
2020 $2,732 $133,500 $30,000 $103,500
2019 $2,734 $132,300 $36,900 $95,400
2018 $2,668 $132,300 $36,900 $95,400
2017 $2,736 $125,900 $36,900 $89,000
2016 $2,736 $125,900 $36,900 $89,000
2015 $2,732 $125,900 $36,900 $89,000
2014 $2,732 $125,900 $36,900 $89,000
2013 $2,384 $125,900 $36,900 $89,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Bob Blythe

    COLDWELL BANKER LEE'S TOWN and COUNTRY

    (319) 270-8600

    2 in this area

    3 Total Sales

    Bob Blythe
    Section Image

  • D

    Buyer's Agent in 2015

    Darlene Allard

    SKOGMAN REALTY

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1503442

Cedar Rapids Area Association of REALTORS®

APN: 17103-56025-00000

Iowa Linn County Mount Vernon 52314

502 Lantern Ln SW, Mount Vernon, IA

This home is located at 502 Lantern Ln SW, Mount Vernon, IA 52314 since 27 April 2015 and is currently estimated at $219,873, approximately $213 per square foot. This property was built in 1972. 502 Lantern Ln SW is a home located in Linn County with nearby schools including Washington Elementary School, Mount Vernon Middle School, and Mount Vernon 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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