NOT LISTED FOR SALE

6800 Michael Rd Palo, IA 52324

Estimated Value: $375,000 - $397,000

3 Beds
2.5 Baths
2,484 Sq Ft
$155/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $315,000 $127 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,341/month

9 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Deck
  • 4 Car Garage
  • John F. Kennedy High School Rated A-
  • Ranch Style House
  • Eat-In Kitchen

About This Home

As of September 2021

IN-TOWN ACREAGE! Meticulously maintained by only one owner, this ranch style home on the outskirts of Cedar Rapids is in close proximity to the new HWY 100 extension. Sits on 1.35 acres and includes an oversized two-stall, attached heated garage with a floor drain, as well as an additional large outbuilding with 9 ft tall garage doors, and a separate heated area currently used as a woodworking shop.Inside this beautiful home contains a spacious living room leading into the kitchen and dining area, featuring all stainless appliances. A 4 seasons addition allows for even more warmth through large windows and natural light. Contains 3 bedrooms and 2 1/2 baths. A rec room can be found in the lower level, as well as a storage room and a 4th non-conforming bedroom. The large deck outside guarantees an ample view of your beautiful, flat yard. Home has whole house generator so you wont ever be left in the dark! Do not miss out!

Last Agent to Sell the Property

Michael Smith

eXp Realty Listed on: 08/18/2021

eXp Realty

Last Buyer's Agent

Steve Bowman

IOWA REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,944

Year Built

  • 1978

Lot Details

  • 1.35

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Central Vacuum
  • Great Room with Fireplace
  • Living Room with Fireplace

Kitchen

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom

Basement

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

Parking

  • 4 Car Garage
  • Heated Garage
  • Garage Door Opener

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Community Well
  • Gas Water Heater
  • Water Softener Leased
  • Septic System

Additional Features

  • Deck
  • 1.35 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,944

Year Built

1978

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 1.3500
  • Above Grade Finished Sq Ft: 1684
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Total Bedrooms: 3
  • City Name: Palo
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 3944
  • List User Cell Phone: 319-540-2477
  • Low Lvl Fin Sq Ft: 800
  • Miscellaneous: Deck
  • Net Tax: 3816
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96923
  • Ratio Close Price By Original Li: 0.91304
  • Ratio Current Price By Sq Ft: 187.05
  • Total Sq Ft: 2484
  • Water Sewer Roads: Community Well, Septic System
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Appliances Included: Central Vac, Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas, Water Softener – Lease
  • Basement: Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Fireplace Features: Great Room, Living Room, Main/Primary Bedroom
  • Level 1 Full Bathrooms: 2
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: In-Town Acrg

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, 4 Or More Cars, Attached, Detached, Heated Garage

Utilities

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

Schools

  • Elementary School: Jackson
  • Middle School: Taft
  • High School: Kennedy

Lot Info

  • Lot Size: 1.35 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Sep 29, 2021
Sold by
Stusak Larry D and Stusak Jacqueline A
Bought by
Bergman Tim and Bergman Dawn A
Seller's Agent
Michael Smith
eXp Realty
Buyer's Agent
Steve Bowman
IOWA REALTY
List Price
$345,000
Sold Price
$315,000
Premium/Discount to List
-$30,000
-8.7%
Current Estimated Value
$384,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,758
Avg. Annual Appreciation
3.70%
Original Mortgage
$279,100
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
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
Bergman Tim $315,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Stusak Larry $279,100
Previous Owner Stusak Larry D $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $315,000 -3.1% $127 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
08/23/2021 08/23/21 Price Changed $325,000 -5.8% $131 / Sq Ft
08/18/2021 08/18/21 For Sale $345,000 -- $139 / 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 $3,492 $338,000 $70,200 $267,800
2023 $3,492 $338,000 $70,200 $267,800
2022 $3,490 $264,600 $70,200 $194,400
2021 $3,318 $264,600 $70,200 $194,400
2020 $3,318 $234,500 $51,800 $182,700
2019 $3,046 $220,200 $51,800 $168,400
2018 $2,972 $220,200 $51,800 $168,400
2017 $3,001 $209,100 $51,800 $157,300
2016 $3,001 $209,100 $51,800 $157,300
2015 $3,018 $209,100 $51,800 $157,300
2014 $2,890 $209,100 $51,800 $157,300
2013 $2,828 $209,100 $51,800 $157,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Michael Smith

    eXp Realty

    (319) 540-2477

    31 Total Sales

    Michael Smith
    Section Image

  • S

    Buyer's Agent in 2021

    Steve Bowman

    IOWA REALTY

    (319) 378-6712

    63 Total Sales

    Steve Bowman
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2105704

Cedar Rapids Area Association of REALTORS®

APN: 13151-02012-00000

Iowa Linn County Palo 52324

6800 Michael Rd, Palo, IA

This home is located at 6800 Michael Rd, Palo, IA 52324 since 18 August 2021 and is currently estimated at $384,758, approximately $154 per square foot. This property was built in 1978. 6800 Michael Rd is a home located in Linn County with nearby schools including Maple Grove Elementary School, Taft Middle School, and John F. Kennedy 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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