NOT LISTED FOR SALE

525 3rd Ave Marion, IA 52302

Estimated Value: $265,000 - $372,000

2 Beds
2 Baths
1,924 Sq Ft
$168/Sq Ft Est. Value

Last Sold May 25, 2021

Last sale price $297,500 $155 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,115/month

8 Days on Market

Highlights

  • 0.7 Acre Lot
  • Deck
  • Ranch Style House
  • Starry Elementary School Rated A-
  • Wooded Lot
  • Main Floor Primary Bedroom

About This Home

As of May 2021

THIS SHOWCASE HOME HAS SPACE TO PLAY OR BUILD ADDITIONAL OUT BUILDINGS, THE PROPERY IS NOT UNDER ANY RESTRICTIVE COVENANTS SO IF YOU LIKE A NEWER BUILT HOME IN AN OLDER NEIGBORHOOD YOU HAVE JUST FOUND YOUR NEW HOME SWEET HOME, THIS TWO BEDROOM TWO BATH HOME HAS AN ADDITIONAL OFFICE OR DEN IN THE LOWER WALKOUT LEVEL AND HAS BEEN BEEN COMPLETLY RECONSTRUCTED AND REFRESHED IN 2016/2017, THIS HOME IS BIG ENOUGH WITHOUT BEING TOO BIG, ATTACHED THREE STALL GARAGE, DON'T MISS OUT ON THIS RARE INTOWN PROPERTY!

Last Agent to Sell the Property

John Szewc

Epique Realty Listed on: 04/01/2021

Epique Realty

Last Buyer's Agent

John Szewc

Epique Realty Listed on: 04/01/2021

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,709

Year Built

  • 1951

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 120 x 250
  • Fenced
  • Wooded Lot

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Den
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Storage Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,709

Year Built

1951

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.7030
  • Above Grade Finished Sq Ft: 1269
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 2
  • City Name: Marion
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 4709
  • House Size: 1924
  • List User Cell Phone: 319-981-2577
  • Low Lvl Fin Sq Ft: 655
  • Miscellaneous: Cable Ready, Deck, Fencing, Security System, Storage Shed
  • Net Tax: 4514
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97541
  • Ratio Close Price By Original Li: 0.93701
  • Ratio Current Price By Sq Ft: 234.44
  • Total Sq Ft: 1924
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Appliances Included: Dishwasher, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Laundry, Den/Study, Family Room, Great Room
  • Basement: Block, Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 1
  • Fireplace Features: Built In, Family Room, Gas, Great Room
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Stone, Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, Attached
  • Garage Size: 864

Utilities

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

Lot Info

  • Lot Size: 120 X 250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jun 4, 2021
Sold by
Love It Rental Homes Llc
Bought by
Giovanni Properties Llc
Seller's Agent
John Szewc
Epique Realty
Buyer's Agent
John Szewc
Epique Realty
List Price
$317,500
Sold Price
$297,500
Premium/Discount to List
-$20,000
-6.3%
Current Estimated Value
$322,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,214
Avg. Annual Appreciation
1.76%
Original Mortgage
$267,750
Outstanding Balance
$242,132
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$80,582

Purchase Details

Listed on
Apr 1, 2021
Closed on
May 21, 2021
Sold by
Bellach Tracey A
Bought by
Hernandez Gamaliel U
Seller's Agent
John Szewc
Epique Realty
Buyer's Agent
John Szewc
Epique Realty
List Price
$317,500
Sold Price
$297,500
Premium/Discount to List
-$20,000
-6.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,750
Outstanding Balance
$242,132
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$80,582

Purchase Details

Closed on
Nov 15, 2016
Sold by
500 Walnut Llc
Bought by
Bellach Jeffrey D and Bellach Tracey A

Purchase Details

Closed on
Sep 2, 2016
Sold by
American Home Solutions Llc
Bought by
Walnut 505

Purchase Details

Listed on
Feb 15, 2016
Closed on
Jun 30, 2016
Sold by
Marie Evenson Hirst Kristin
Bought by
American Home Solution Llc
Seller's Agent
Steven C Peterson
RE/MAX CONCEPTS
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$30,000
Sold Price
$46,000
Premium/Discount to List
$16,000
53.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.63%

Purchase Details

Closed on
Oct 27, 2008
Sold by
Varne Monnie S and Proffitt Monnie S
Bought by
Evenson John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,761
Interest Rate
6.49%
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
Giovanni Properties Llc $57,500 None Available
Hernandez Gamaliel U $297,500 None Listed On Document
Bellach Jeffrey D $75,000 None Available
Walnut 505 -- None Available
American Home Solution Llc -- None Available
Evenson John A $89,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Gamaliel U $267,750
Previous Owner Evenson John A $88,761
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2021 05/25/21 Sold $297,500 -2.5% $155 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
04/09/2021 04/09/21 Price Changed $305,000 -3.9% $159 / Sq Ft
04/01/2021 04/01/21 For Sale $317,500 +590.2% $165 / Sq Ft
06/30/2016 06/30/16 Sold $46,000 +53.3% $53 / Sq Ft View Prior Sale
05/13/2016 05/13/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $30,000 -- $35 / 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 $5,120 $323,400 $26,100 $297,300
2024 $4,352 $272,800 $26,100 $246,700
2023 $4,352 $272,800 $26,100 $246,700
2022 $4,160 $195,600 $26,100 $169,500
2021 $4,614 $193,500 $26,100 $167,400
2020 $4,614 $210,700 $26,100 $184,600
2019 $4,300 $210,700 $26,100 $184,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2101866

Cedar Rapids Area Association of REALTORS®

APN: 14011-56008-00000