NOT LISTED FOR SALE

508 E South St Mechanicsville, IA 52306

Estimated Value: $127,000 - $139,094

2 Beds
1 Bath
1,067 Sq Ft
$125/Sq Ft Est. Value

Last Sold July 08, 2023

Last sale price $110,400 $103 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $896/month

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Forced Air Cooling System
  • 3 Car Detached Garage

About This Home

As of July 2023

This home is located at 508 E South St, Mechanicsville, IA 52306 since 08 June 2023 and is currently estimated at $133,024, approximately $124 per square foot. This property was built in 1894. 508 E South St is a home located in Cedar County with nearby schools including North Cedar Junior/Senior High School.

Last Agent to Sell the Property

Ken Waterbeck

WATERBECK REAL ESTATE Listed on: 06/08/2023

Last Buyer's Agent

Ken Waterbeck

WATERBECK REAL ESTATE Listed on: 06/08/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,592

Year Built

  • 1894

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 100 x 142

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,067 Sq Ft Home
  • Living Room with Fireplace
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,592

Year Built

1894

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.3260
  • Above Grade Finished Sq Ft: 1067
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Mechanicsville
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 1592
  • List User Cell Phone: 319-360-0047
  • Net Tax: 1592
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00455
  • Ratio Close Price By Original Li: 1.00455
  • Ratio Current Price By Sq Ft: 103.47
  • Total Sq Ft: 1067
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1894

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Living Room
  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Living Room
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, Detached
  • Garage Size: 738

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Schools

  • Elementary School: North Cedar
  • Middle School: North Cedar
  • High School: North Cedar

Lot Info

  • Lot Size: 100 X 142

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2025
Sold by
Goure Steven
Bought by
Markus Celia Rae
Current Estimated Value
$133,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2025
Sold by
Buckley Randy B
Bought by
Goure Steven and Markus Celia Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jul 7, 2023
Sold by
Buckley Randy B
Bought by
Goure Steven and Markus Celia Rae
Seller's Agent
Ken Waterbeck
WATERBECK REAL ESTATE
Buyer's Agent
Ken Waterbeck
WATERBECK REAL ESTATE
List Price
$109,900
Sold Price
$110,400
Premium/Discount to List
$500
0.45%
Views
111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%

Purchase Details

Listed on
May 5, 2015
Closed on
Jun 25, 2015
Sold by
Willett Mary Ann
Bought by
Buckley Randy B
Seller's Agent
Steve Mcvay
RE/MAX CONCEPTS
Buyer's Agent
Steve Mcvay
RE/MAX CONCEPTS
List Price
$68,000
Sold Price
$65,000
Premium/Discount to List
-$3,000
-4.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$61,750
Interest Rate
3.82%
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
Markus Celia Rae -- Servicelink
Goure Steven $110,500 Servicelink
Goure Steven -- None Listed On Document
Goure Steven -- None Listed On Document
Buckley Randy B -- None Available
Buckley Randy B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Markus Celia Rae $98,000
Previous Owner Buckley Randy B $61,750
Previous Owner Willett Robert G $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2023 07/08/23 Sold $110,400 +0.5% $103 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $109,900 +69.1% $103 / Sq Ft
06/26/2015 06/26/15 Sold $65,000 -4.4% $61 / Sq Ft
05/14/2015 05/14/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $68,000 -- $64 / 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 $2,238 $129,390 $30,000 $99,390
2023 $2,108 $123,470 $30,000 $93,470
2022 $1,592 $81,830 $20,000 $61,830
2021 $1,584 $81,830 $20,000 $61,830
2020 $1,548 $81,830 $20,000 $61,830
2019 $1,414 $72,340 $0 $0
2018 $1,374 $72,340 $0 $0
2017 $1,374 $71,400 $0 $0
2016 $1,392 $71,400 $0 $0
2015 $1,140 $71,400 $0 $0
2014 $1,088 $71,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2303984

Cedar Rapids Area Association of REALTORS®

APN: 0440-01-24-228-010-0