NOT LISTED FOR SALE

505 Lantern Ln SW Mount Vernon, IA 52314

Estimated Value: $237,000 - $274,000

3 Beds
1 Bath
2,100 Sq Ft
$118/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $189,900 $90 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,620/month

Highlights

  • Deck
  • Ranch Style House
  • Living Room
  • Mount Vernon Middle School Rated A-
  • 2 Car Attached Garage
  • Central Air

About This Home

As of February 2022

This home is located at 505 Lantern Ln SW, Mount Vernon, IA 52314 since 11 February 2022 and is currently estimated at $248,680, approximately $118 per square foot. This property was built in 1976. 505 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 Buyer's Agent

Dana Hansen

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,225

Year Built

  • 1976

Lot Details

  • 9,801 Sq Ft Lot
  • Lot Dimensions are 105.4x93

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,225

Year Built

1976

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2250
  • Above Grade Finished Sq Ft: 1200
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Mt Vernon
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 3225
  • Low Lvl Fin Sq Ft: 900
  • Miscellaneous: Deck
  • Net Tax: 3038
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 158.25
  • Total Sq Ft: 2100
  • Transaction Type: Fsbo
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: Living Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 576

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

  • Elementary School: Mt Vernon
  • Middle School: Mt Vernon
  • High School: Mt Vernon

Lot Info

  • Lot Size: 105.4X93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Jan 18, 2022
Sold by
Reyhons Roger E
Bought by
Hill John Dennison Zba and Hill Kamille Kristine
Buyer's Agent
Dana Hansen
RE/MAX CONCEPTS
List Price
$189,900
Sold Price
$189,900
Current Estimated Value
$248,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,780
Avg. Annual Appreciation
7.92%
Original Mortgage
$28,485
Outstanding Balance
$19,641
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$229,039
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
Hill John Dennison Zba $190,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Kamille K Zbanek $28,485
Open Hill John Dennison Zba $151,920
Previous Owner Reyhons Roger E $12,508
Previous Owner Reyhons Roger E $112,000
Previous Owner Reyhons Roger E $14,000
Previous Owner Reyhons Roger E $20,462
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2022 02/11/22 Sold $189,900 0.0% $90 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $189,900 -- $90 / 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 $3,210 $203,200 $31,200 $172,000
2023 $3,210 $203,200 $31,200 $172,000
2022 $3,134 $161,900 $31,200 $130,700
2021 $3,038 $161,900 $31,200 $130,700
2020 $3,038 $147,500 $31,200 $116,300
2019 $3,026 $145,500 $38,400 $107,100
2018 $2,952 $145,500 $38,400 $107,100
2017 $2,858 $137,000 $38,400 $98,600
2016 $2,977 $137,000 $38,400 $98,600
2015 $2,973 $137,000 $38,400 $98,600
2014 $2,784 $137,000 $38,400 $98,600
2013 $2,690 $137,000 $38,400 $98,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2202739

Cedar Rapids Area Association of REALTORS®

APN: 17103-56028-00000