NOT LISTED FOR SALE

5089 Prairie Trail Marion, IA 52302

Estimated Value: $383,000 - $482,000

3 Beds
2 Baths
1,683 Sq Ft
$261/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $390,873 $232 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,964/month

Highlights

  • Deck
  • Ranch Style House
  • Forced Air Cooling System
  • Echo Hill Elementary School Rated A
  • 3 Car Attached Garage
  • Breakfast Bar

About This Home

As of September 2021

This home is located at 5089 Prairie Trail, Marion, IA 52302 since 28 October 2020 and is currently estimated at $439,021, approximately $260 per square foot. This property was built in 2020. 5089 Prairie Trail is a home located in Linn County with nearby schools including Echo Hill Elementary School, Oak Ridge School, and Linn-Mar High School.

Last Agent to Sell the Property

Mary Zalesky

SKOGMAN REALTY Listed on: 10/28/2020

SKOGMAN REALTY

Co-Listed By

Jessie Arp

SKOGMAN REALTY

Last Buyer's Agent

Mary Zalesky

SKOGMAN REALTY Listed on: 10/28/2020

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,938

Year Built

  • 2020

Lot Details

  • 0.26

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Home to be built
  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,683 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Deck
  • 0.26 Acre Lot

Community Details

  • Built by Skogman Homes

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,938

Year Built

2020

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Style: Ranch
  • Acres: 0.2600
  • Above Grade Finished Sq Ft: 1683
  • Association Fee Frequency: Year
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Marion
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • List User Cell Phone: 319-521-9701
  • Miscellaneous: Cable Ready, Deck, Home Warranty
  • New Construction: To Be Built
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.08968
  • Ratio Close Price By Original Li: 1.08968
  • Ratio Current Price By Sq Ft: 232.25
  • R Value Ceiling: 49.0000
  • R Value Sidewalls: 21.0000
  • Total Sq Ft: 1683
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2020

Interior Features

  • Appliances Included: Dishwasher, Garage Door Opener, Hood Fan, Microwave, Range, Water Heater – Gas, Water Softener – Lease
  • Additional Room: 1st Floor Laundry
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Room Count: 7

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, Attached
  • Garage Size: 3 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 50
  • Association: Yes

Lot Info

  • Lot Size: Irregular

Building Info

  • Builder Name: Skogman Homes

Rental Info

  • Pets: # Of Pets Allowed, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Aug 24, 2021
Sold by
Midwest Development Co
Bought by
Thandapani Elango and Nagalingam Vijayalakshmi
Seller's Agent
Mary Zalesky
SKOGMAN REALTY
Buyer's Agent
Mary Zalesky
SKOGMAN REALTY
List Price
$358,704
Sold Price
$390,873
Premium/Discount to List
$32,169
8.97%
Current Estimated Value
$439,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,148
Avg. Annual Appreciation
2.85%
Original Mortgage
$371,329
Outstanding Balance
$336,630
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$102,391
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
Thandapani Elango $391,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thandapani Elango $371,329
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2021 09/10/21 Sold $390,873 +9.0% $232 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $358,704 -- $213 / 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 $7,938 $467,900 $49,300 $418,600
2024 $6,074 $498,300 $49,300 $449,000
2023 $6,074 $432,600 $49,300 $383,300
2022 $104 $282,600 $49,300 $233,300
2021 $110 $4,900 $4,900 $0
2020 $110 $4,900 $4,900 $0
2019 $118 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2007487

Cedar Rapids Area Association of REALTORS®

APN: 11234-04020-00000