NOT LISTED FOR SALE

515 Davis Dr Mount Vernon, IA 52314

Estimated Value: $359,000 - $439,000

3 Beds
2 Baths
1,415 Sq Ft
$274/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $272,000 $192 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,527/month

130 Days on Market

Highlights

  • New Construction
  • Ranch Style House
  • Forced Air Cooling System
  • Mount Vernon Middle School Rated A-
  • Eat-In Kitchen
  • Combination Kitchen and Dining Room

About This Home

As of January 2021

Welcome to our Cambridge ll floor plan. This split bedroom floor plan features three, six foot windows in the great room, bringing lots of natural light into the home. It offers a lovely L shaped kitchen with plenty of cabinet storage. This home is located in the quiet Spring Meadow Heights community in Mt. Vernon, located minutes from downtown Mt. Vernon. Builder has 70 years of experience with over 12,000 homes built in Eastern Iowa. Builder provides written 10 year warranty and may consider a trade on this home. This home is HERS tested and exceeds HERS Standards.

Last Agent to Sell the Property

Maggie McCarthy

SKOGMAN REALTY Listed on: 07/30/2020

SKOGMAN REALTY

Last Buyer's Agent

Karrie Schultz

Keller Williams Legacy Group

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,958

Year Built

  • 2020

Home Design

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

Interior Spaces

  • 1,415 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Garage Door Opener

Utilities

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

Community Details

  • Built by Midwest Development Co

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,958

Year Built

2020

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1415
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Mt Vernon
  • Dining Features: Eat-In Kitchen, Kitchen/Dining Combo
  • List User Cell Phone: 319-269-8835
  • Miscellaneous: Home Warranty
  • New Construction: Yes
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.04615
  • Ratio Current Price By Sq Ft: 192.23
  • R Value Ceiling: 49.0000
  • R Value Sidewalls: 21.0000
  • Total Sq Ft: 1415
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2020

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Water Heater – Gas
  • 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: 2 Cars
  • Garage Size: 2 Car

Utilities

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

Schools

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

Lot Info

  • Lot Size: 9100

Building Info

  • Builder Name: Midwest Development Co

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Jan 6, 2021
Sold by
Midwest Development Co
Bought by
Newton Mark T and Newton Maureen K
Seller's Agent
Maggie McCarthy
SKOGMAN REALTY
Buyer's Agent
Karrie Schultz
Keller Williams Legacy Group
List Price
$260,000
Sold Price
$272,000
Premium/Discount to List
$12,000
4.62%
Current Estimated Value
$387,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,864
Avg. Annual Appreciation
6.62%
Original Mortgage
$216,600
Outstanding Balance
$194,199
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$171,368
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
Newton Mark T $272,000 None Available
Newton Mark T $272,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newton Markt $61,000
Open Newton Mark T $216,600
Closed Newton Mark T $216,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $272,000 0.0% $192 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
09/29/2020 09/29/20 Price Changed $272,000 +4.6% $192 / Sq Ft
07/30/2020 07/30/20 For Sale $260,000 -- $184 / 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 $4,958 $314,700 $44,400 $270,300
2022 $4,800 $245,300 $44,400 $200,900
2021 $70 $243,200 $44,400 $198,800
2020 $70 $0 $0 $0
2019 $68 $0 $0 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Maggie McCarthy

    SKOGMAN REALTY

    (319) 269-8835

    43 in this area

    120 Total Sales

    Maggie McCarthy
    Section Image
  • Karrie Schultz

    Buyer's Agent in 2021

    Karrie Schultz

    Keller Williams Legacy Group

    (319) 540-1281

    2 in this area

    125 Total Sales

    Karrie Schultz
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2005579

Cedar Rapids Area Association of REALTORS®

APN: 17101-79003-00000

Iowa Linn County Mount Vernon 52314

515 Davis Dr, Mount Vernon, IA

This home is located at 515 Davis Dr, Mount Vernon, IA 52314 since 30 July 2020 and is currently estimated at $387,864, approximately $274 per square foot. This property was built in 2020. 515 Davis Dr 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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