NOT LISTED FOR SALE

505 Linn Dr Palo, IA 52324

Estimated Value: $232,000 - $262,000

3 Beds
2 Baths
2,047 Sq Ft
$123/Sq Ft Est. Value

Last Sold March 08, 2018

Last sale price $157,000 $77 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,667/month

134 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Formal Dining Room
  • John F. Kennedy High School Rated A-
  • Main Floor Primary Bedroom
  • Cul-De-Sac

About This Home

As of March 2018

Wonderful home that sits in a peaceful culd-e-sac in Palo! A beautiful oak railing is what you will first see when you walk into this L-foyer home that has 3 bedrooms and 2 baths. It has a large kitchen, as well as a nice sized laundry room and newer carpet in the lower level. Enjoy life on the screened in deck overlooking the back yard. Call today to see this home that is located in the Kennedy school district!

Last Agent to Sell the Property

Jeremy Johannes

Epique Realty Listed on: 09/25/2017

Epique Realty

Last Buyer's Agent

Jeremy Trenkamp

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,700

Year Built

  • 1983

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 65 x 165
  • Cul-De-Sac

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • Entrance Foyer
  • Formal Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,700

Year Built

1983

Lot Details

0

Listing Details

  • Style: 'L' Foyer
  • Acres: 0.2500
  • Above Grade Finished Sq Ft: 1152
  • Total Bathrooms: 2.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 3
  • City Name: Palo
  • Dining Features: Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 2700
  • List User Cell Phone: 319-540-1002
  • Low Lvl Fin Sq Ft: 895
  • Miscellaneous: Cable Ready, Deck, Screen Porch
  • Net Tax: 2700
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.01290
  • Ratio Close Price By Original Li: 0.95152
  • Ratio Current Price By Sq Ft: 136.28
  • Total Sq Ft: 2047
  • Water Sewer Roads: City Sewer, City Water, Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1983

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Electric, Water Softener - Own
  • Additional Room: Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Cul-De-Sac

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 612

Utilities

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

Schools

  • Elementary School: Viola Gibson
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: 65 X 165

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2017
Closed on
Mar 5, 2018
Sold by
Gillingham Melissa and Gillingham Family Trust
Bought by
Lattner Jordan N and Boies Paul S
Seller's Agent
Jeremy Johannes
Epique Realty
Buyer's Agent
Jeremy Trenkamp
Realty87
List Price
$155,000
Sold Price
$157,000
Premium/Discount to List
$2,000
1.29%
Total Days on Market
134
Current Estimated Value
$250,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,096
Avg. Annual Appreciation
6.16%
Original Mortgage
$15,700
Interest Rate
4.32%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 14, 2011
Sold by
Schirm Daniel J
Bought by
Schirm Amy E

Purchase Details

Closed on
Mar 17, 2010
Sold by
Huntington John L and Huntington Mary E
Bought by
Schirm Amy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.01%
Mortgage Type
New Conventional
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
Lattner Jordan N $157,000 None Available
Schirm Amy E -- None Available
Schirm Amy E $134,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lattner Jordan N $16,000
Closed Lattner Jordan N $15,700
Open Lattner Jordan N $141,300
Previous Owner Schirm Amy E $28,000
Previous Owner Schirm Amy E $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2018 03/08/18 Sold $157,000 +1.3% $77 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
02/01/2018 02/01/18 Price Changed $155,000 0.0% $76 / Sq Ft
02/01/2018 02/01/18 For Sale $155,000 -1.3% $76 / Sq Ft
01/23/2018 01/23/18 Off Market $157,000 -- --
10/12/2017 10/12/17 Price Changed $160,000 -3.0% $78 / Sq Ft
09/25/2017 09/25/17 For Sale $165,000 -- $81 / 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
2023 $3,560 $229,000 $17,900 $211,100
2022 $3,610 $183,600 $17,900 $165,700
2021 $3,462 $183,600 $17,900 $165,700
2020 $3,462 $170,100 $17,900 $152,200
2019 $3,008 $149,000 $17,900 $131,100
2018 $2,944 $149,000 $17,900 $131,100
2017 $2,800 $136,200 $17,900 $118,300
2016 $2,700 $136,200 $17,900 $118,300
2015 $2,732 $136,200 $17,900 $118,300
2014 $2,732 $136,200 $17,900 $118,300
2013 $2,676 $136,200 $17,900 $118,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1708806

Cedar Rapids Area Association of REALTORS®

APN: 12282-28010-00000