NOT LISTED FOR SALE

505 3rd St Marion, IA 52302

Estimated Value: $156,647 - $184,000

3 Beds
1 Bath
1,125 Sq Ft
$153/Sq Ft Est. Value

Last Sold October 15, 2014

Last sale price $112,500 $100 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,112/month

59 Days on Market

Highlights

  • 1 Car Attached Garage
  • Eat-In Kitchen
  • Patio
  • Starry Elementary School Rated A-
  • Forced Air Cooling System
  • 2-minute walk to Thomas Park

About This Home

As of October 2014

WONDERFUL CHARACTER-FILLED COTTAGE FEATURING HARDWOOD FLOORS, COVED CEILINGS, NICELY REMODELED KITCHEN AND BATH, AN AWESOME MASTER BEDROOM SUITE, A PRIVATE FENCED-IN PARK-LIKE BACKYARD THAT IS PERFECT FOR RELAXING AND ENTERTAINING, POURED WALL IN THE LOWER LEVEL READY TO FINISH, A BRAND NEW ROOF (ON THE GARAGE, BREEZEWAY AND PATIO), A COZY BREEZEWAY LEADING TO THE ATTACHED GARAGE, NEWER PRIVACY FENCE, FRESH INTERIOR PAINT, AN EXTENDED (WIDENED) DRIVEWAY AND MUCH MORE! JUST MOVE RIGHT IN!

Last Agent to Sell the Property

Arlene Heck

RE/MAX CONCEPTS Listed on: 07/08/2014

RE/MAX CONCEPTS

Last Buyer's Agent

Audrey Thompson

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,098

Year Built

  • 1948

Lot Details

  • Lot Dimensions are 125 x 60
  • Fenced

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,125 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,098

Year Built

1948

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Above Grade Finished Sq Ft: 1125
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Marion
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2098
  • List User Cell Phone: 319-389-5544
  • Miscellaneous: Cable Ready, Fencing, Patio
  • Net Tax: 1908
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99558
  • Ratio Close Price By Original Li: 0.99558
  • Ratio Current Price By Sq Ft: 100.00
  • Total Sq Ft: 1125
  • Tax Roll Number: 140115100400000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener – Lease
  • Additional Room: 3 Seasons, Living Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 1
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 6

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Attached, Off Street Parking, On Street Parking
  • Garage Size: 12X22

Utilities

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

Schools

  • Elementary School: Marion
  • Middle School: Vernon
  • High School: Marion

Lot Info

  • Lot Size: 125 X 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2014
Closed on
Oct 13, 2014
Sold by
Fries Joanna M and Fries Kyle G
Bought by
Ohrt Debbie Kay
Seller's Agent
Arlene Heck
RE/MAX CONCEPTS
Buyer's Agent
Audrey Thompson
SKOGMAN REALTY
List Price
$113,000
Sold Price
$112,500
Premium/Discount to List
-$500
-0.44%
Current Estimated Value
$171,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,412
Avg. Annual Appreciation
3.92%
Original Mortgage
$110,461
Outstanding Balance
$83,580
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$88,332

Purchase Details

Closed on
Oct 15, 2007
Sold by
Kurth John F and Kurth Janit R
Bought by
Gravert Joanna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,534
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2004
Sold by
Hud
Bought by
Kurth John and Kurth Janit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,800
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2004
Sold by
Wells Fargo Home Mortgage Inc
Bought by
Hud

Purchase Details

Closed on
Dec 9, 2003
Sold by
Railsback Joseph N and Railsback Katherine J
Bought by
Wells Fargo Home Mortgage Inc and Norwest Mortgage Inc

Purchase Details

Closed on
May 11, 1998
Sold by
Cavanah Nicole L and Deblieck Nicole L
Bought by
Railsback Joseph N and Railsback Katherine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,069
Interest Rate
7.25%
Mortgage Type
FHA
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
Ohrt Debbie Kay $112,500 None Available
Gravert Joanna M $110,000 None Available
Kurth John -- --
Hud $91,000 --
Wells Fargo Home Mortgage Inc $91,230 --
Railsback Joseph N $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohrt Debbie Kay $110,461
Previous Owner Gravert Joanna M $109,534
Previous Owner Kurth John $79,800
Previous Owner Railsback Joseph N $79,069
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2014 10/15/14 Sold $112,500 -0.4% $100 / Sq Ft
09/05/2014 09/05/14 Pending -- -- --
07/08/2014 07/08/14 For Sale $113,000 -- $100 / 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
2025 $2,536 $172,600 $14,800 $157,800
2024 $2,446 $145,600 $14,800 $130,800
2023 $2,446 $145,600 $14,800 $130,800
2022 $2,362 $118,800 $14,800 $104,000
2021 $2,364 $118,800 $14,800 $104,000
2020 $2,364 $113,200 $14,800 $98,400
2019 $2,370 $113,200 $14,800 $98,400
2018 $2,312 $113,700 $18,000 $95,700
2017 $2,192 $109,700 $19,700 $90,000
2016 $2,192 $98,500 $19,700 $78,800
2015 $2,183 $98,500 $19,700 $78,800
2014 $1,990 $98,500 $19,700 $78,800
2013 $1,908 $98,500 $19,700 $78,800
Source: Public Records

Agents Affiliated with this Home

  • Arlene Heck

    Seller's Agent in 2014

    Arlene Heck

    RE/MAX

    (319) 389-5544

    11 in this area

    107 Total Sales

    Arlene Heck
    Section Image

  • A

    Buyer's Agent in 2014

    Audrey Thompson

    SKOGMAN REALTY

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1404738

Cedar Rapids Area Association of REALTORS®

APN: 14011-51004-00000

Iowa Linn County Marion 52302

505 3rd St, Marion, IA

This home is located at 505 3rd St, Marion, IA 52302 since 08 July 2014 and is currently estimated at $171,912, approximately $152 per square foot. This property was built in 1948. 505 3rd St is a home located in Linn County with nearby schools including Francis Marion Intermediate School, Starry Elementary School, and Vernon Middle 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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