NOT LISTED FOR SALE

502 N Jackson St Lisbon, IA 52253

Estimated Value: $178,000 - $259,000

6 Beds
2 Baths
2,260 Sq Ft
$102/Sq Ft Est. Value

Last Sold September 21, 2017

Last sale price $122,500 $54 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,498/month

12 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • 2 Car Detached Garage
  • Family Room with Fireplace
  • Formal Dining Room
  • Central Air

About This Home

As of September 2017

HISTORY! Ideal opportunity for investor, flipper, restorer. BUILT IN EQUITY...this home is assessed at almost 50k over asking price! Spacious 6 bedroom CORNER LOT home on a shade tree lined street. Peaceful small town living just a short hop from both Cedar Rapids and Iowa City. FOUR DECKS!! 2 up/2 down. Updated kitchen with some cool features! Newer major mechanicals. It's even got a carriage house out back. The original photo shows the former glory of this gem, and it's just waiting for the love and imagination of its next owner. Property is vacant and the seller is motivated! Bring an open mind, bring an offer. (property to be sold as is, any inspections are for buyer info only)

Last Agent to Sell the Property

Jeff Nelson

Teri Graf Real Estate Team Listed on: 08/04/2017

Last Buyer's Agent

Jeff Nelson

Teri Graf Real Estate Team Listed on: 08/04/2017

Home Details

Home Type

  • Single Family

Year Built

  • 1900

Lot Details

  • 12,458 Sq Ft Lot
  • Lot Dimensions are 140x89

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,260 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Basement

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

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Year Built

1900

Lot Details

0.29 Acres

Listing Details

  • Style: 1.5 Story, 2 Stories
  • Acres: 0.2860
  • Above Grade Finished Sq Ft: 2260
  • Total Bathrooms: 2.00
  • Total Bedrooms: 6
  • City Name: Lisbon
  • Dining Features: Formal Dining
  • Gross Tax: 3678
  • List User Cell Phone: 319-343-5333
  • Miscellaneous: Deck
  • Net Tax: 3496
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98078
  • Ratio Close Price By Original Li: 0.98078
  • Ratio Current Price By Sq Ft: 54.20
  • Total Sq Ft: 2260
  • Taxable Value Tv: 172400.00
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Family
  • Basement: Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 4
  • Fireplace Features: Family Room, Wood Burning
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 8

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached, Off Street Parking, On Street Parking
  • Garage Size: 20x20

Utilities

  • Heating Cooling: Central Air, Gas Heat

Lot Info

  • Lot Size: 140x89

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2017
Closed on
Sep 18, 2017
Sold by
Roberts Regina C
Bought by
Kruse Anthony Michael and Kruse Rebecca Jan
Seller's Agent
Jeff Nelson
Teri Graf Real Estate Team
Buyer's Agent
Jeff Nelson
Teri Graf Real Estate Team
List Price
$124,900
Sold Price
$122,500
Premium/Discount to List
-$2,400
-1.92%
Current Estimated Value
$231,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,686
Avg. Annual Appreciation
7.74%
Original Mortgage
$98,000
Outstanding Balance
$81,749
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$149,437
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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Purchase History

Date Buyer Sale Price Title Company
Kruse Anthony Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kruse Anthony Michael $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2017 09/21/17 Sold $122,500 -1.9% $54 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
08/04/2017 08/04/17 For Sale $124,900 -- $55 / Sq Ft
Source: Cedar Rapids 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 $3,248 $204,500 $23,600 $180,900
2024 $3,406 $198,000 $23,600 $174,400
2023 $3,406 $198,000 $23,600 $174,400
2022 $3,364 $176,000 $23,600 $152,400
2021 $3,308 $176,000 $23,600 $152,400
2020 $3,308 $154,800 $23,600 $131,200
2019 $2,880 $142,900 $23,600 $119,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1707553

Cedar Rapids Area Association of REALTORS®

APN: 17122-61007-00000

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