NOT LISTED FOR SALE

503 2nd Ave NW Mount Vernon, IA 52314

Estimated Value: $271,000 - $311,000

3 Beds
2 Baths
1,591 Sq Ft
$182/Sq Ft Est. Value

Last Sold April 01, 2019

Last sale price $208,000 $131 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,846/month

54 Days on Market

Highlights

  • Deck
  • Forced Air Cooling System
  • Patio
  • Mount Vernon Middle School Rated A-
  • Breakfast Bar
  • 3-minute walk to Davis Park

About This Home

As of April 2019

Enjoy small town living in this charming home with lots of character. Open concept , must see to appreciate. Amenities include custom kitchen w/breakfast bar, LVP on all main floors, full baths main and upper levels, pantry, gas fireplace, can lighting throughout, central sound, formal dining, large closets and storage, built-ins and more! Everything in this beautiful home has been updated and is move in ready! Large fenced yard, oversize garage w/upper storage, garden shed and firepit patio area.

Last Agent to Sell the Property

Chris Mottinger

MOTTINGER REAL ESTATE GROUP Listed on: 12/19/2018

Last Buyer's Agent

Shannon Debner

IOWA REALTY

IOWA REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,366

Year Built

  • 1925

Lot Details

  • Lot Dimensions are 66x132
  • Fenced

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Sound System
  • Gas Fireplace
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Heated Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener Leased
  • Satellite Dish
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,366

Year Built

1925

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1377
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Mt Vernon
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 3366
  • List User Cell Phone: 319-329-7653
  • Low Lvl Fin Sq Ft: 214
  • Miscellaneous: Cable Ready, Deck, Fencing, Patio, Satellite Dish, Sound System, Storage Shed
  • Net Tax: 3178
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.94545
  • Ratio Close Price By Original Li: 0.92444
  • Ratio Current Price By Sq Ft: 151.05
  • Total Sq Ft: 1591
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener – Lease
  • Additional Room: 1st Floor Laundry
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 2: 3
  • Fireplace Features: Built In, Family Room, Gas
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Heated Garage, Off Street Parking, On Street Parking

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: 66x132

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2018
Closed on
Mar 15, 2019
Sold by
Weber Hollis W and Weber Natalic M
Bought by
Dix Kasey L
Seller's Agent
Chris Mottinger
MOTTINGER REAL ESTATE GROUP
Buyer's Agent
Shannon Debner
IOWA REALTY
List Price
$225,000
Sold Price
$208,000
Premium/Discount to List
-$17,000
-7.56%
Current Estimated Value
$289,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,652
Avg. Annual Appreciation
4.57%
Original Mortgage
$22,350
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2015
Closed on
Sep 22, 2015
Sold by
Ripke Loren D and Ripke Susan K
Bought by
Weber Hollis W and Weber Natalie M
Seller's Agent
Meridith Hoffman
Pinnacle Realty LLC
Buyer's Agent
Bob Pilcher
WARREN WORTMAN REALTY
List Price
$189,950
Sold Price
$189,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.61%
Original Mortgage
$135,000
Interest Rate
3.93%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Dix Kasey L $208,000 None Available
Weber Hollis W $190,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dix Kasey L $165,119
Closed Dix Kasey L $165,500
Closed Dix Kasey L $22,350
Closed Dix Kasey L $166,400
Previous Owner Weber Natalie M $50,000
Previous Owner Weber Hollis W $135,000
Previous Owner Ripke Loren D $10,121
Previous Owner Ripke Loren D $102,500
Previous Owner Ripke Loren D $98,400
Previous Owner Ripke Loren D $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2019 04/01/19 Sold $208,000 -5.5% $131 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
01/31/2019 01/31/19 Price Changed $220,000 -2.2% $138 / Sq Ft
12/19/2018 12/19/18 For Sale $225,000 +18.5% $141 / Sq Ft
09/23/2015 09/23/15 Sold $189,950 0.0% $138 / Sq Ft
08/19/2015 08/19/15 Pending -- -- --
08/13/2015 08/13/15 For Sale $189,950 -- $138 / 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 $3,798 $249,900 $24,500 $225,400
2023 $3,798 $249,900 $24,500 $225,400
2022 $3,710 $190,000 $24,500 $165,500
2021 $3,464 $190,000 $24,500 $165,500
2020 $3,464 $167,000 $24,500 $142,500
2019 $3,258 $156,000 $24,500 $131,500
2018 $3,178 $156,000 $24,500 $131,500
2017 $3,339 $157,000 $24,500 $132,500
2016 $3,339 $157,000 $24,500 $132,500
2015 $3,335 $157,000 $24,500 $132,500
2014 $3,146 $157,000 $24,500 $132,500
2013 $3,038 $157,000 $24,500 $132,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1808465

Cedar Rapids Area Association of REALTORS®

APN: 17102-84006-00000