NOT LISTED FOR SALE

609 8th St NW Unit Lot 1 Mount Vernon, IA 52314

Estimated Value: $175,000 - $204,000

0.19 Acre
$1,008,242 Price per Acre
8,276 Sq Ft Lot

Last Sold April 30, 2021

Last sale price $22,500

Est. 765% increase in value since last sale

Current estimated payment $1,225/month

30 Days on Market

Highlights

  • Wooded Lot
  • Mount Vernon Middle School Rated A-
  • Level Lot

About This Lot

As of April 2021

This home is located at 609 8th St NW Unit Lot 1, Mount Vernon, IA 52314 since 25 January 2021 and is currently estimated at $191,566. 609 8th St NW Unit Lot 1 is a home located in Linn County with nearby schools including Washington Elementary School, Mount Vernon Middle School, and Mount Vernon High School.

Last Agent to Sell the Property

Jeff Nelson

Teri Graf Real Estate Team Listed on: 01/25/2021

Last Buyer's Agent

Jeff Nelson

Teri Graf Real Estate Team Listed on: 01/25/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $352

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 51.6x146
  • Level Lot
  • Wooded Lot

Property Details

Property Type

Land

Est. Annual Taxes

$352

Lot Details

0

Listing Details

  • Acres: 0.1900
  • City Name: Mt Vernon
  • Current Zoning: Res
  • Gross Tax: 352
  • List User Cell Phone: 319-343-5333
  • Net Tax: 352
  • Property Sub Types: Residential Lot
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.91837
  • Ratio Close Price By Original Li: 0.91837
  • Water Sewer Roads: Paved
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Site Description: Gentle Roll, Level, Wooded

Schools

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

Lot Info

  • Lot Size: 51.6X146

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2021
Closed on
Apr 30, 2021
Sold by
Campbell Shirley M and Heiserman Gary
Bought by
Walton Construction & Home Repair Llc
Seller's Agent
Jeff Nelson
Teri Graf Real Estate Team
Buyer's Agent
Jeff Nelson
Teri Graf Real Estate Team
List Price
$24,500
Sold Price
$22,500
Premium/Discount to List
-$2,000
-8.16%
Current Estimated Value
$194,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,095
Avg. Annual Appreciation
64.55%
Original Mortgage
$300,000
Outstanding Balance
$274,359
Interest Rate
3%
Mortgage Type
Construction
Estimated Equity
-$82,793
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
Walton Construction & Home Repair Llc $22,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walton Construction & Home Repair Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $22,500 -8.2% --
02/24/2021 02/24/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $24,500 -- --
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 $2,306 $134,800 $30,900 $103,900
2022 $2,254 $110,000 $30,900 $79,100
2021 $2,114 $110,000 $30,900 $79,100
2020 $2,114 $96,700 $30,900 $65,800
2019 $2,100 $95,100 $35,300 $59,800
2018 $2,052 $95,100 $35,300 $59,800
2017 $2,008 $92,400 $35,300 $57,100
2016 $2,008 $92,400 $35,300 $57,100
2015 $2,004 $92,400 $35,300 $57,100
2014 $2,004 $92,400 $35,300 $57,100
2013 $1,940 $92,400 $35,300 $57,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jeff Nelson

    Teri Graf Real Estate Team

    (319) 343-5333

    10 in this area

    143 Total Sales

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2100466

Cedar Rapids Area Association of REALTORS®

APN: 17102-27003-00000

Iowa Linn County Mount Vernon 52314

609 8th St NW Unit Lot 1, Mount Vernon, IA

This home is located at 609 8th St NW Unit Lot 1, Mount Vernon, IA 52314 since 25 January 2021 and is currently estimated at $191,566. 609 8th St NW Unit Lot 1 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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