NOT LISTED FOR SALE

525 Western Ave Marengo, IA 52301

Estimated Value: $107,000 - $122,000

2 Beds
1 Bath
1,193 Sq Ft
$95/Sq Ft Est. Value

Last Sold February 18, 2020

Last sale price $57,500 $48 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $775/month

22 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Formal Dining Room
  • Forced Air Cooling System

About This Home

As of February 2020

This home is located at 525 Western Ave, Marengo, IA 52301 since 19 December 2019 and is currently estimated at $113,714, approximately $95 per square foot. This property was built in 1926. 525 Western Ave is a home located in Iowa County with nearby schools including Iowa Valley Elementary School and Iowa Valley Junior/Senior High School.

Last Agent to Sell the Property

Julie Howe

Sandersfeld Realty Company Listed on: 12/19/2019

Last Buyer's Agent

Julie Howe

Sandersfeld Realty Company Listed on: 12/19/2019

Home Details

Home Type

  • Single Family

Year Built

  • 1926

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 69 x 133

Home Design

  • Frame Construction
  • Slate

Interior Spaces

  • 1,193 Sq Ft Home
  • 1.5-Story Property
  • Formal Dining Room
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Year Built

1926

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.2100
  • Above Grade Finished Sq Ft: 1193
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Marengo
  • Dining Features: Formal Dining
  • Gross Tax: 1500
  • List User Cell Phone: 319-361-7393
  • Miscellaneous: Home Warranty
  • Net Tax: 1314
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.88598
  • Ratio Close Price By Original Li: 0.88598
  • Ratio Current Price By Sq Ft: 48.20
  • Total Sq Ft: 1193
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1926

Interior Features

  • Appliances Included: Garage Door Opener, Range, Refrigerator, Water Heater – Electric
  • Basement: Block, Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 1
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 6

Exterior Features

  • Construction Methods: Frame
  • Exterior: Slate

Garage/Parking

  • Garage/Parking: 2 Cars, Off Street Parking, On Street Parking
  • Garage Size: 24X24

Utilities

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

Schools

  • Elementary School: Iowa Valley
  • Middle School: Iowa Valley
  • High School: Iowa Valley

Lot Info

  • Lot Size: 69 X 133

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2019
Closed on
Feb 15, 2020
Sold by
Semler Sheryl and Schumacher Douglas
Bought by
Jones Tucker J
Seller's Agent
Julie Howe
Sandersfeld Realty Company
Buyer's Agent
Julie Howe
Sandersfeld Realty Company
List Price
$64,900
Sold Price
$57,500
Premium/Discount to List
-$7,400
-11.4%
Current Estimated Value
$113,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,214
Avg. Annual Appreciation
13.95%
Original Mortgage
$5,750
Outstanding Balance
$4,654
Interest Rate
3.6%
Mortgage Type
Stand Alone Second
Estimated Equity
$113,759
Source: Public Records

Range of Values:

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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
Jones Tucker J $57,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Tucker J $5,750
Open Jones Tucker J $51,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2020 02/18/20 Sold $57,500 -11.4% $48 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
12/19/2019 12/19/19 For Sale $64,900 -- $54 / 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
2024 $1,872 $97,730 $19,810 $77,920
2023 $1,848 $97,730 $19,810 $77,920
2022 $1,576 $82,320 $16,390 $65,930
2021 $1,474 $82,320 $16,390 $65,930
2020 $1,200 $71,150 $15,030 $56,120
2019 $1,368 $71,150 $15,030 $56,120
2018 $1,082 $68,560 $13,660 $54,900
2017 $1,012 $68,560 $13,660 $54,900
2016 $1,128 $65,500 $13,660 $51,840
2015 $1,188 $65,500 $13,660 $51,840
2014 $1,179 $65,380 $13,660 $51,720
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Julie Howe

    Sandersfeld Realty Company

    (319) 361-7393

    44 in this area

    66 Total Sales

    Julie Howe
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1908825

Cedar Rapids Area Association of REALTORS®

APN: 73-14-0908-0

Iowa Iowa County Marengo 52301

525 Western Ave, Marengo, IA

This home is located at 525 Western Ave, Marengo, IA 52301 since 19 December 2019 and is currently estimated at $113,714, approximately $95 per square foot. This property was built in 1926. 525 Western Ave is a home located in Iowa County with nearby schools including Iowa Valley Elementary School and Iowa Valley Junior/Senior 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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