NOT LISTED FOR SALE

703 Wallace Ave Marengo, IA 52301

Estimated Value: $155,000 - $171,075

2 Beds
1 Bath
1,440 Sq Ft
$111/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $165,000 $115 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,043/month

67 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Eat-In Kitchen
  • Living Room with Fireplace
  • 2 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of November 2023

Take a look at this well maintained property perfectly situated on a corner lot along the edge of town with updates throughout. This home includes a spacious living room with picture window allowing much natural light and cozy fireplace. Recently updated kitchen in 2022 features plenty of oak cabinetry with trendy pulls, stylish countertop, appliances, LVP flooring, and window above kitchen sink. Two main level bedrooms and spacious full bathroom including tub/shower and elevated vanity. Additional bonus room with dual closets could be used as a third bedroom, family room, or office. Main level laundry room with washer new in 2020 and dryer included. You'll appreciate the recently stained, large deck. Detached, oversized two stall garage with work area and storage. Shed. Garden area and clothesline. Roof 2010.

Last Agent to Sell the Property

Lexi Belland Perez

LEPIC-KROEGER CORRIDOR, REALTORS Listed on: 07/20/2023

LEPIC-KROEGER CORRIDOR, REALTORS

Last Buyer's Agent

Lexi Belland Perez

LEPIC-KROEGER CORRIDOR, REALTORS Listed on: 07/20/2023

LEPIC-KROEGER CORRIDOR, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,756

Year Built

  • 1979

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x 132

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • 1,440 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,756

Year Built

1979

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2000
  • Above Grade Finished Sq Ft: 1440
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Marengo
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 1756
  • List User Cell Phone: 319-530-1055
  • Miscellaneous: Deck, Storage Shed
  • Net Tax: 1594
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.97059
  • Ratio Current Price By Sq Ft: 114.58
  • Total Sq Ft: 1440
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1979

Interior Features

  • Basement: Block, Crawl
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Fireplace Features: Wood Burning, Living Room
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 7

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached
  • 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: 66 X 132

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Oct 30, 2023
Sold by
Prusha Linda Mae
Bought by
Stanley Elaine and Foster Randy
Seller's Agent
Lexi Belland Perez
LEPIC-KROEGER CORRIDOR, REALTORS
Buyer's Agent
Lexi Belland Perez
LEPIC-KROEGER CORRIDOR, REALTORS
List Price
$170,000
Sold Price
$165,000
Premium/Discount to List
-$5,000
-2.94%
Views
243
Current Estimated Value
$160,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,731
Avg. Annual Appreciation
-0.54%
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
Stanley Elaine $165,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Elaine M $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $165,000 0.0% $115 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
08/11/2023 08/11/23 Price Changed $165,000 -2.9% $115 / Sq Ft
07/20/2023 07/20/23 For Sale $170,000 -- $118 / 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 $2,123 $130,350 $13,390 $116,960
2023 $1,989 $121,230 $13,390 $107,840
2022 $1,695 $97,190 $11,060 $86,130
2021 $1,520 $97,190 $11,060 $86,130
2020 $1,460 $81,470 $9,900 $71,570
2019 $1,578 $81,470 $9,900 $71,570
2018 $270 $78,110 $8,730 $69,380
2017 $208 $76,490 $8,730 $67,760
2016 $28 $72,450 $8,730 $63,720
2015 $62 $72,450 $8,730 $63,720
2014 $59 $66,900 $8,730 $58,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2304769

Cedar Rapids Area Association of REALTORS®

APN: 73-18-0212-0