NOT LISTED FOR SALE

514 Spring Meadow Dr NE Mount Vernon, IA 52314

Estimated Value: $462,000 - $485,000

3 Beds
2 Baths
1,535 Sq Ft
$308/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $340,554 $222 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,094/month

Highlights

  • New Construction
  • 0.67 Acre Lot
  • Wooded Lot
  • Mount Vernon Middle School Rated A-
  • Great Room with Fireplace
  • Ranch Style House

About This Home

As of December 2019

This home is located at 514 Spring Meadow Dr NE, Mount Vernon, IA 52314 since 21 May 2019 and is currently estimated at $473,201, approximately $308 per square foot. This property was built in 2019. 514 Spring Meadow Dr NE is a home located in Linn County with nearby schools including Washington Elementary School, Mount Vernon Middle School, and Mount Vernon High School.

Last Agent to Sell the Property

Danielle Kern

SKOGMAN REALTY Listed on: 05/21/2019

Last Buyer's Agent

Danielle Kern

SKOGMAN REALTY Listed on: 05/21/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,514

Year Built

  • 2019

Lot Details

  • 0.67 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Poured Concrete

Interior Spaces

  • 1,535 Sq Ft Home
  • Electric Fireplace
  • Great Room with Fireplace
  • Walk-Out Basement
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Hot Water Heating System
  • Cable TV Available

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

$7,514

Year Built

2019

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.6700
  • Above Grade Finished Sq Ft: 1535
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Mt Vernon
  • Dining Features: Eat-In Kitchen
  • List User Cell Phone: 319-210-4317
  • Miscellaneous: Cable Ready, Home Warranty
  • New Construction: Yes
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.13518
  • Ratio Close Price By Original Li: 1.13518
  • Ratio Current Price By Sq Ft: 221.86
  • R Value Ceiling: 49.0000
  • R Value Sidewalls: 21.0000
  • Total Sq Ft: 1535
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2019

Interior Features

  • Additional Room: 1st Floor Laundry
  • Basement: Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Fireplace Features: Electric, Great Room
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Room Count: 10
  • Site Description: Wooded

Garage/Parking

  • Garage/Parking: 2 Cars

Utilities

  • Heating Cooling: Hot Water Heat

Schools

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

Lot Info

  • Lot Size: Irregular

Building Info

  • Builder Name: Skogman Homes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Nov 26, 2019
Sold by
Midwest Development Co
Bought by
Hotchkin Elisha D and Hotchkin Tonya L
Seller's Agent
Danielle Kern
SKOGMAN REALTY
Buyer's Agent
Danielle Kern
SKOGMAN REALTY
List Price
$300,000
Sold Price
$340,554
Premium/Discount to List
$40,554
13.52%
Current Estimated Value
$450,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,112
Avg. Annual Appreciation
5.95%
Original Mortgage
$243,554
Interest Rate
3.75%
Mortgage Type
VA
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
Hotchkin Elisha D $341,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hotchkin Elisha D $241,400
Closed Hotchkin Elisha D $241,400
Closed Hotchkin Elisha D $243,554
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2019 12/06/19 Sold $340,554 +13.5% $222 / Sq Ft
05/21/2019 05/21/19 For Sale $300,000 -- $195 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
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 $7,514 $430,000 $77,300 $352,700
2022 $6,514 $370,600 $77,300 $293,300
2021 $5,826 $330,200 $77,300 $252,900
2020 $5,826 $0 $0 $0
2019 $122 $0 $0 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Danielle Kern

    SKOGMAN REALTY

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1903795

Cedar Rapids Area Association of REALTORS®

APN: 17104-01030-00000

Iowa Linn County Mount Vernon 52314

514 Spring Meadow Dr NE, Mount Vernon, IA

This home is located at 514 Spring Meadow Dr NE, Mount Vernon, IA 52314 since 21 May 2019 and is currently estimated at $473,201, approximately $308 per square foot. This property was built in 2019. 514 Spring Meadow Dr NE is a home located in Linn County with nearby schools including Washington Elementary School, Mount Vernon Middle School, and Mount Vernon High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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