NOT LISTED FOR SALE

5415 Alburnett Rd Marion, IA 52302

Estimated Value: $425,000 - $495,210

5 Beds
3.5 Baths
2,776 Sq Ft
$168/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $299,900 $108 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,987/month

266 Days on Market

Highlights

  • 1 Acre Lot
  • Deck
  • Formal Dining Room
  • Echo Hill Elementary School Rated A
  • Main Floor Primary Bedroom
  • Eat-In Kitchen

About This Home

As of June 2020

***Accepted offer 5-21-2020 - working through contingencies - can be shown for back up offers - Wanting a home that stands out - this is it! This one of a kind gorgeous home has everything you need and more. The 5-bedroom, 3.5 bathroom custom house in the Linn-Mar School District has a convenient location by Echo Hill Elementary and Oakridge Middle School and the new 5/6 Hazel Point. Yet, it has the privacy and space you desire. The one acre fenced in lot provides plenty of space for play and leisure. The property features a heated two car attached garage as well as a heated four car detached garage. The open kitchen (beautiful custom maple cabinets - pull outs, under cabinet lighting) and living room (vaulted ceilings) space is perfect for entertaining. More than 2000 square feet of living space with an additional 630 finished square feet below. The prior owner was an architect who designed the home specifically in mind for elevation to ensure the most stunning views of sunsets. The design ensures ample amount of natural lighting. Though the home is on city water and sewer, there is still an operating well for outdoor purposes, perfect for gardening. Plenty of storage space throughout the home, including a secret storage room in the lower level. Home was redesigned/added onto in 2014, original part of the home was built in 1961. There is a full bathroom directly off of the master bedroom as well as a half bathroom off of the kitchen for guests and a full bathroom for the additional upstairs bedrooms. The lower level features a full bathroom, bedroom, sitting area, and kitchenette with a sink, dishwasher, and a large amount of cabinets. The sellers also have plenty of room for an exercise room. Storage space galore. Zoned heating for comfort. Roof of home is five years old. Pergola stays. HSA warranty included. Tankless water heater provides on demand hot water. View 3D showcase at https://my.matterport.com/show/?m=Pg8qW3zxPeC&mls=1 School district provides busing to elementary, middle school, and high school for this home. Canvas for pergola is in garage. Average 24 month gas usage is $56 MidAmerican, average 24 month electric average is $113 (Linn Co. REC). Average water bill is $140 for two months.

Last Agent to Sell the Property

Deanna Howard

IOWA REALTY Listed on: 08/29/2019

IOWA REALTY

Last Buyer's Agent

Paul Pate

SKOGMAN REALTY

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,252

Year Built

  • 2014

Lot Details

  • 1

Home Design

  • Split Foyer
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Family Room
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Deck
  • 1 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,252

Year Built

2014

Lot Details

0

Listing Details

  • Style: Split Foyer
  • Acres: 1.0000
  • Above Grade Finished Sq Ft: 2146
  • Total Bathrooms: 3.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 5
  • City Name: Marion
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 5252
  • List User Cell Phone: 319-929-3836
  • Low Lvl Fin Sq Ft: 630
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 5101
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98360
  • Ratio Close Price By Original Li: 0.91741
  • Ratio Current Price By Sq Ft: 139.75
  • Total Sq Ft: 2776
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2014

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Family, Living Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 1: 4
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: In-Town Acrg

Exterior Features

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

Garage/Parking

  • Garage/Parking: 2 Cars, 4 Or More Cars
  • Garage Size: 2 Car

Utilities

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

Lot Info

  • Lot Size: 1.0 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2019
Closed on
Jun 20, 2020
Sold by
Chavez Adrian A and Chavez Susan M
Bought by
Reicks Victor Henry
Seller's Agent
Deanna Howard
IOWA REALTY
Buyer's Agent
Paul Pate
SKOGMAN REALTY
List Price
$326,900
Sold Price
$299,900
Premium/Discount to List
-$27,000
-8.26%
Current Estimated Value
$465,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,153
Avg. Annual Appreciation
8.56%
Original Mortgage
$239,920
Outstanding Balance
$212,671
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$252,382

Purchase Details

Listed on
Sep 15, 2017
Closed on
Dec 6, 2017
Sold by
Latterell Jennifer H and Latterell Jared J
Bought by
Chavez Adrian A and Chavez Susan M
Seller's Agent
Sara Vancura
SKOGMAN REALTY
Buyer's Agent
Deanna Howard
IOWA REALTY
List Price
$312,400
Sold Price
$305,000
Premium/Discount to List
-$7,400
-2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.66%
Original Mortgage
$175,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2013
Closed on
Oct 17, 2013
Sold by
Caspers Brian and Caspers Jennifer
Bought by
Latterell Jennifer H
Seller's Agent
Sheila King
SKOGMAN REALTY
Buyer's Agent
Sara Vancura
SKOGMAN REALTY
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.67%
Original Mortgage
$116,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 29, 2001
Sold by
Olson Jay S and Olson Brenda L
Bought by
Caspers Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
6.6%
Mortgage Type
VA
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
Reicks Victor Henry $300,000 Hawkeye Escrow Company
Chavez Adrian A $305,000 None Available
Latterell Jennifer H $145,000 None Available
Caspers Brian $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reicks Victor Henry $239,920
Previous Owner Chavez Adrian A $175,000
Previous Owner Latterell Jennifer H $116,000
Previous Owner Caspers Brian $130,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2020 06/25/20 Sold $299,900 -1.6% $108 / Sq Ft
05/21/2020 05/21/20 Pending -- -- --
05/14/2020 05/14/20 Price Changed $304,900 -1.0% $110 / Sq Ft
04/20/2020 04/20/20 Price Changed $308,000 -2.2% $111 / Sq Ft
02/28/2020 02/28/20 Price Changed $314,900 -1.6% $113 / Sq Ft
01/13/2020 01/13/20 Price Changed $319,900 -1.3% $115 / Sq Ft
09/23/2019 09/23/19 Price Changed $324,000 -0.9% $117 / Sq Ft
08/29/2019 08/29/19 For Sale $326,900 +7.2% $118 / Sq Ft
12/11/2017 12/11/17 Sold $305,000 -2.4% $142 / Sq Ft View Prior Sale
11/16/2017 11/16/17 Pending -- -- --
11/07/2017 11/07/17 For Sale $312,400 0.0% $146 / Sq Ft
10/22/2017 10/22/17 Pending -- -- --
10/11/2017 10/11/17 Price Changed $312,400 -0.8% $146 / Sq Ft
09/15/2017 09/15/17 For Sale $314,900 +117.2% $147 / Sq Ft
10/21/2013 10/21/13 Sold $145,000 -3.3% $98 / Sq Ft View Prior Sale
09/20/2013 09/20/13 Pending -- -- --
09/09/2013 09/09/13 For Sale $149,900 -- $102 / 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 $6,494 $435,400 $50,000 $385,400
2024 $5,864 $398,200 $50,000 $348,200
2023 $5,864 $398,200 $50,000 $348,200
2022 $5,258 $306,200 $50,000 $256,200
2021 $5,618 $306,200 $50,000 $256,200
2020 $5,618 $296,700 $50,000 $246,700
2019 $4,848 $296,700 $50,000 $246,700
2018 $4,252 $282,400 $50,000 $232,400
2017 $2,667 $248,800 $50,000 $198,800
2016 $2,667 $170,200 $50,000 $120,200
2015 $2,295 $145,400 $50,000 $95,400
2014 $2,158 $144,500 $50,000 $94,500
2013 $2,006 $144,500 $50,000 $94,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1906468

Cedar Rapids Area Association of REALTORS®

APN: 11242-52007-00000