NOT LISTED FOR SALE

511 Upper Terrace Dr Independence, IA 50644

Estimated Value: $339,000 - $368,000

5 Beds
3.5 Baths
3,184 Sq Ft
$111/Sq Ft Est. Value

Last Sold July 03, 2023

Last sale price $324,000 $102 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,350/month

1 Day on Market

Highlights

  • Spa
  • Deck
  • Den
  • 0.77 Acre Lot
  • Ranch Style House
  • Formal Dining Room

About This Home

As of July 2023

Extreme updates through the years, pride of ownership shines in this home! Including the Custom kitchen cabinets, Quartz counter tops, hard wood floors and exposed brick makes this kitchen a real eye catcher! Main floor master suite has updated master bath and direct access to the deck. Large living/dining area on the main floor with a fireplace and another access to the large deck. Walk out lower level has a family room with second fireplace, wet bar and 4 seasons room with built in hot tub and a 4th bath with walk in tiled shower. Offers oversized 2 car attached heated garage and an extra storage shed. This home has a large lot, park like wooded setting with a private feel. Home warranty included!

Last Agent to Sell the Property

Kristine Baldwin

Skogman Realty Listed on: 05/09/2023

Skogman Realty

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,232

Year Built

  • 1979

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 107x245x1

Home Design

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

Interior Spaces

  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room with Fireplace
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Deck

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,232

Year Built

1979

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.7700
  • Above Grade Finished Sq Ft: 1592
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Independence
  • Dining Features: Breakfast Bar, Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 5232
  • List User Cell Phone: 563-920-9194
  • Low Lvl Fin Sq Ft: 1592
  • Miscellaneous: 3 Seasons, Deck, Home Warranty, Hot Tub
  • Net Tax: 5232
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98480
  • Ratio Close Price By Original Li: 0.98480
  • Ratio Current Price By Sq Ft: 203.52
  • Total Sq Ft: 3184
  • Taxable Value Tv: 298120.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1979

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Den/Study, Family Room, Living Room, Non Egress-Ll Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Wood Burning, Living Room, Rec Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 9

Exterior Features

  • Construction Methods: Frame
  • Exterior: Brick, Vinyl

Garage/Parking

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

Utilities

  • Heating Cooling: Central Air, Garage Heater/Furnace, Gas Heat

Lot Info

  • Lot Size: 107x245x1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
Jun 16, 2023
Sold by
Berger Micah J and Berger Chanda L
Bought by
Holt Elizabeth M and Slessor Eric D
Seller's Agent
Kristine Baldwin
Skogman Realty
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$329,000
Sold Price
$324,000
Premium/Discount to List
-$5,000
-1.52%
Views
25
Current Estimated Value
$357,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,902
Avg. Annual Appreciation
3.53%
Original Mortgage
$199,000
Outstanding Balance
$178,904
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$174,714

Purchase Details

Closed on
Dec 29, 2010
Sold by
Berner Todd R and Berner Julie M
Bought by
Crawford Randall J and Crawford Tamara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,650
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Holt Elizabeth M $324,000 None Listed On Document
Crawford Randall J $177,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holt Elizabeth M $199,000
Previous Owner Crawford Randall J $166,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2023 07/03/23 Sold $324,000 -1.5% $102 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $329,000 +20.6% $103 / Sq Ft
10/15/2019 10/15/19 Sold $272,700 -0.8% $86 / Sq Ft View Prior Sale
09/05/2019 09/05/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $275,000 -- $86 / 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 $5,768 $340,120 $59,610 $280,510
2024 $5,768 $298,120 $53,220 $244,900
2023 $5,592 $298,120 $53,220 $244,900
2022 $5,232 $257,510 $42,240 $215,270
2021 $5,186 $257,510 $42,240 $215,270
2020 $5,186 $236,680 $38,400 $198,280
2019 $4,598 $211,950 $38,400 $173,550
2018 $4,404 $208,230 $38,400 $169,830
2017 $4,666 $208,230 $38,400 $169,830
2016 $4,592 $217,000 $31,990 $185,010
2015 $4,592 $217,000 $31,990 $185,010
2014 $4,682 $217,000 $31,990 $185,010
Source: Public Records

Agents Affiliated with this Home

  • Kristine Baldwin

    Seller's Agent in 2023

    Kristine Baldwin

    Skogman Realty

    (563) 920-9194

    22 in this area

    125 Total Sales

    Kristine Baldwin
    Section Image

  • D

    Buyer's Agent in 2023

    Donald Fieldhouse

    Cedar Rapids Area Association of REALTORS

    (239) 774-6598

    39 in this area

    5,083 Total Sales

    Donald Fieldhouse
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2302899

Cedar Rapids Area Association of REALTORS®

APN: 10.03.403.003

Iowa Buchanan County Independence 50644

511 Upper Terrace Dr, Independence, IA

Not Listed for Sale

Detached

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