NOT LISTED FOR SALE

505 Hope Ave Urbana, IA 52345

Estimated Value: $236,000 - $273,000

4 Beds
2 Baths
1,882 Sq Ft
$133/Sq Ft Est. Value

Last Sold May 16, 2018

Last sale price $177,500 $94 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,673/month

35 Days on Market

Highlights

  • Deck
  • Recreation Room
  • 2 Car Attached Garage
  • Center Point-Urbana Middle School Rated A-
  • Ranch Style House
  • Eat-In Kitchen

About This Home

As of May 2018

Just like new. This home sparkles with the hardwood floors, white trim, fresh paint and carpet. New stainless steel kitchen appliances. Living area has been expanded to include a finished lower level with bedroom and bath. Fenced yard. Great location between Waterloo and Cedar Rapids. Oversized garage is 26 X 30 garage

Last Agent to Sell the Property

Dan Kaestner

IOWA REALTY Listed on: 03/05/2018

IOWA REALTY

Last Buyer's Agent

Tyra McAbee

Ole's 5 Star Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,048

Year Built

  • 2001

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 90 x 120
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Combination Kitchen and Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,048

Year Built

2001

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2400
  • Above Grade Finished Sq Ft: 1040
  • Total Bathrooms: 2.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 4
  • City Name: Urbana
  • Dining Features: Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 3048
  • List User Cell Phone: 319-560-2330
  • Low Lvl Fin Sq Ft: 842
  • Miscellaneous: Deck, Fencing
  • Net Tax: 2858
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.95998
  • Ratio Current Price By Sq Ft: 170.67
  • Total Sq Ft: 1882
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Water Heater – Electric
  • Additional Room: Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 720

Utilities

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

Schools

  • Elementary School: CenterPt/Urbana
  • Middle School: CenterPt/Urbana
  • High School: CenterPt/Urbana

Lot Info

  • Lot Size: 90 X 120

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2018
Closed on
May 14, 2018
Sold by
Land Legacy Llc
Bought by
Rustad Richard T and Rustad Shelly M
Seller's Agent
Dan Kaestner
IOWA REALTY
Buyer's Agent
Tyra McAbee
Ole's 5 Star Realty, LLC
List Price
$184,900
Sold Price
$177,500
Premium/Discount to List
-$7,400
-4%
Current Estimated Value
$250,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,045
Avg. Annual Appreciation
4.83%
Original Mortgage
$17,500
Outstanding Balance
$10,557
Interest Rate
4.4%
Mortgage Type
Unknown
Estimated Equity
$239,988
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
Rustad Richard T $177,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rustad Richard T $17,500
Open Rustad Richard T $157,500
Closed Popenhagen Richard R $0
Previous Owner Stockdall Jeremy M $22,567
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2018 05/16/18 Sold $177,500 0.0% $94 / Sq Ft
04/09/2018 04/09/18 Pending -- -- --
04/03/2018 04/03/18 Price Changed $177,500 -1.3% $94 / Sq Ft
03/19/2018 03/19/18 Price Changed $179,900 -2.7% $96 / Sq Ft
03/05/2018 03/05/18 For Sale $184,900 -- $98 / 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 $3,724 $202,800 $32,700 $170,100
2023 $3,464 $202,800 $32,700 $170,100
2022 $3,414 $165,600 $26,200 $139,400
2021 $3,414 $165,600 $26,200 $139,400
2020 $3,274 $159,000 $22,700 $136,300
2019 $2,978 $159,000 $22,700 $136,300
2018 $2,900 $141,600 $20,000 $121,600
2017 $2,858 $141,600 $20,000 $121,600
2016 $2,756 $136,100 $19,200 $116,900
2015 $2,756 $136,100 $19,200 $116,900
2014 $2,672 $132,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1801414

Cedar Rapids Area Association of REALTORS®

APN: 20002690