NOT LISTED FOR SALE

5505 180th St NE Solon, IA 52333

Estimated Value: $519,000 - $714,000

3 Beds
2 Baths
2,425 Sq Ft
$238/Sq Ft Est. Value

Last Sold August 21, 2019

Last sale price $379,000 $156 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,559/month

98 Days on Market

Highlights

  • Community Stables
  • Barn
  • Deck
  • Solon Middle School Rated A-
  • Stables
  • Corner Lot

About This Home

As of August 2019

Solon Acreage Alert! Classic farmhouse with 3 bedrooms and 2 baths in the Solon School District. Two miles of gravel to a quiet, serene and scenic spot, a 15 minute drive to Iowa City. Hardwood floors, large rooms, and more than 7 acres to call your own! Extra space in the attic could be finished, as well as the large main floor bonus room. Many outbuildings, including a 4 stall horse barn and large pasture area. 1 year AHS warranty included, and an updated septic in spring 2019. Fantastic Hobby Farm!

Last Agent to Sell the Property

Cathy DeValk

Watts Group Realty Listed on: 05/10/2019

Last Buyer's Agent

Margaret Sanders

Watts Group Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,082

Year Built

  • Built in 1900

Lot Details

  • 7.64 Acre Lot
  • Corner Lot
  • Level Lot
  • Garden

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 2,425 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Living Room with Fireplace
  • Formal Dining Room
  • Library
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outbuilding
  • Porch

Schools

  • Solon Elementary And Middle School
  • Solon High School

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Mounted To A Wall or Window
  • Heating System Uses Propane
  • Private Water Source
  • Water Softener Leased
  • Private or Community Septic Tank
  • Internet Available
  • Satellite Dish

Additional Features

  • Barn
  • Stables

Listing and Financial Details

  • Assessor Parcel Number 0123428001

Community Details

Overview

  • Joe&Judy Kral Subdivision

Recreation

  • Community Stables

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,082

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2425
  • Homebuilder: Unknown
  • Owner Name L F Mi: Stewart
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Remarks: Freezer in dining room, front porch swing and some plantings reserved. Showings for this property can be set up online via ShowingTime, through the ShowingTime App, or by calling the Ruhl&Ruhl office. There is an accepted offer on home, still scheduling showings for backup offers.
  • Year Built: 1900
  • Tax Year Report: 2017
  • Subdivision: Joe&Judy Kral Subdivision
  • Directions: From Hwy 1 in Solon, east on 180th Street five miles to home
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Stables, Other
  • Basement Remarks: Poured Concrete, Full
  • Fireplace Type Location: In Living Room
  • Interior R: Ceiling-9+ ft
  • Kitchen Breakfast R: Breakfast Area
  • Lot Description R: 5+ Acres, Corner, Level
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: Solon Acreage Alert! Classic farmhouse with 3 bedrooms and 2 baths in the Solon School District. Two miles of gravel to a quiet, serene and scenic spot, a 15 minute drive to Iowa City. Hardwood floors, large rooms, and more than 7 acres to call your own! Extra space in the attic could be finished, as well as the large main floor bonus room. Many outbuildings, including a 4 stall horse barn and large pasture area. 1 year AHS warranty included, and an updated septic in spring 2019. Fantastic Hobby Farm!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator, Dryer, Satellite Dish, Washer
  • Number Bedrooms Upper: 3
  • Sq Ft Above: 2425
  • Total Full Baths: 2
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Room, 1st Floor
  • Mstr Br Level: Upper
  • Mstr Br Width: 15
  • Number of Fireplaces: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Barn, Deck, Garden Area, Outbuildings, Porch, Stables

Utilities

  • Internet: Yes
  • Water Sewer: Private Water, Private Septic, Water Softener (Rented)
  • Heating Cooling: Ceiling Fans, Window/Wall Units, Propane, Baseboard, Steam/Hotwater

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Solon
  • Middle School: Solon
  • High School: Solon
  • High School: Solon
  • Jr Middle School: Solon
  • Elementary School: Solon

Lot Info

  • Acreage: 7.64
  • Geo Subdivision: IA
  • Lot Dimensions: Irr
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 3513
  • Assessor Parcel Number: 0123428001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2019
Closed on
Aug 21, 2019
Sold by
Stewart Scott E and Stewart Stephanie A
Bought by
Dallas Marcus and Dallas Laura
Seller's Agent
Cathy DeValk
Watts Group Realty
Buyer's Agent
Margaret Sanders
Watts Group Realty
List Price
$450,000
Sold Price
$379,000
Premium/Discount to List
-$71,000
-15.78%
Current Estimated Value
$577,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,999
Avg. Annual Appreciation
6.77%
Original Mortgage
$303,200
Outstanding Balance
$268,462
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$296,700
Source: Public Records

Range of Values:

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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
Dallas Marcus $379,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dallas Marcus $303,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2019 08/21/19 Sold $379,000 -5.0% $156 / Sq Ft
06/03/2019 06/03/19 Price Changed $399,000 -3.9% $165 / Sq Ft
05/21/2019 05/21/19 Price Changed $415,000 -7.8% $171 / Sq Ft
05/10/2019 05/10/19 For Sale $450,000 -- $186 / Sq Ft
Source: Iowa City 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 $6,082 $467,800 $93,200 $374,600
2023 $4,670 $467,800 $93,200 $374,600
2022 $4,618 $308,900 $93,200 $215,700
2021 $3,476 $308,900 $93,200 $215,700
2020 $3,476 $223,900 $82,700 $141,200
2019 $3,442 $223,900 $82,700 $141,200
2018 $3,372 $219,000 $82,700 $136,300
2017 $3,422 $219,000 $82,700 $136,300
2016 $3,284 $215,000 $82,700 $132,300
2015 $3,284 $215,000 $82,700 $132,300
2014 $3,346 $217,000 $82,700 $134,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20193077

Iowa City Area Association of REALTORS®

APN: 0123428001