NOT LISTED FOR SALE

727 Raymond Dr Solon, IA 52333

Estimated Value: $403,000 - $488,000

3 Beds
2 Baths
1,548 Sq Ft
$285/Sq Ft Est. Value

Last Sold October 10, 2014

Last sale price $255,000 $165 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,822/month

99 Days on Market

Highlights

  • Newly Remodeled
  • Deck
  • Great Room with Fireplace
  • Solon Middle School Rated A-
  • Main Floor Primary Bedroom
  • Breakfast Bar

About This Home

As of October 2014

Terrific new ranch floor plan under construction in Solon! Spacious, open layout, generously sized bedrooms, hardwood floors in living, dining, and kitchen, tile in laundry and baths. Open and light design with large yard, just minutes from Saddleback Ridge Golf Course, Lake Macbride, and Coralville Reservoir. 10 min to IC - 15 min to CR! *** Construction photo updated 7/11/2014.

Last Agent to Sell the Property

Michelle Bennett

Keller Williams Legacy Group Listed on: 06/17/2014

Keller Williams Legacy Group

Last Buyer's Agent

Mike Jensen

Lepic-Kroeger, REALTORS

Lepic-Kroeger, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,676

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • 0.26

Parking

  • 3 Parking Spaces

Home Design

  • Poured Concrete

Interior Spaces

  • 1,548 Sq Ft Home
  • Gas Fireplace
  • Great Room with Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom

Schools

  • Solon Elementary And Middle School
  • Solon High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available

Additional Features

  • Deck
  • Lot Dimensions are 83x135
  • Property is near schools

Community Details

  • Built by Wright Homes
  • Prairie Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0224484003

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,676

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1548
  • Homebuilder: Wright Homes
  • Owner Name L F Mi: Wright Homes, Inc
  • Ownership Type: Single Family
  • Photo Code: Complete
  • T Val: 255000
  • Year Built: 2014
  • Subdivision: Prairie Acres
  • Directions: Highway 1 to Solon, east on 5th, north on Raymond
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Street Lights, Close to School
  • Basement Remarks: Bath Stubbed, Poured Concrete, Full
  • Fireplace Type Location: In Great/Family Room, Gas
  • Kitchen Breakfast R: Breakfast Bar
  • Lot Description R: Less than .5 Acre
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Remarks2: Terrific new ranch floor plan under construction in Solon! Spacious, open layout, generously sized bedrooms, hardwood floors in living, dining, and kitchen, tile in laundry and baths. Open and light design with large yard, just minutes from Saddleback Ridge Golf Course, Lake Macbride, and Coralville Reservoir. 10 min to IC - 15 min to CR! *** Construction photo updated 7/11/2014.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Number Bedrooms Main: 3
  • Sq Ft Above: 1548
  • 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: Main
  • Number of Fireplaces: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • New Construction: Yes
  • ExteriorFeatures: Deck

Garage/Parking

  • Parking Spaces: 3 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Electric, Gas, Central, Forced Air

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: 0
  • Geo Subdivision: IA
  • Lot Dimensions: 83x135
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 0224484003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2014
Closed on
Oct 9, 2014
Sold by
Wright Homes Inc
Bought by
Schmidt Justin R and Schmidt Jill A
Seller's Agent
Michelle Bennett
Keller Williams Legacy Group
Buyer's Agent
Mike Jensen
Lepic-Kroeger, REALTORS
List Price
$255,000
Sold Price
$255,000
Current Estimated Value
$440,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,943
Avg. Annual Appreciation
4.69%
Original Mortgage
$204,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2013
Closed on
Apr 28, 2014
Sold by
Rbd Development Company Inc
Bought by
Wright Homes Inc
Seller's Agent
Shelly Hull
Sellers & Seekers Real Estate
Buyer's Agent
Michelle Bennett
Keller Williams Legacy Group
List Price
$43,500
Sold Price
$43,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4990.73%
Original Mortgage
$204,750
Interest Rate
4.33%
Mortgage Type
New Conventional
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
Schmidt Justin R $255,000 None Available
Wright Homes Inc $43,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Justin R $185,000
Closed Schmidt Justin R $204,000
Previous Owner Wright Homes Inc $204,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2014 10/10/14 Sold $255,000 0.0% $165 / Sq Ft
09/24/2014 09/24/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $255,000 +486.2% $165 / Sq Ft
04/29/2014 04/29/14 Sold $43,500 0.0% $28 / Sq Ft
04/15/2014 04/15/14 Pending -- -- --
01/25/2013 01/25/13 For Sale $43,500 -- $28 / 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 $5,676 $354,900 $76,500 $278,400
2023 $5,042 $354,900 $76,500 $278,400
2022 $4,984 $272,100 $52,300 $219,800
2021 $4,772 $272,100 $52,300 $219,800
2020 $4,772 $250,100 $52,300 $197,800
2019 $4,614 $250,100 $52,300 $197,800
2018 $4,520 $239,200 $52,300 $186,900
2017 $4,520 $239,200 $52,300 $186,900
2016 $4,366 $236,400 $52,300 $184,100
2015 $4,366 $231,900 $52,300 $179,600
2014 $824 $200 $200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20143337

Iowa City Area Association of REALTORS®

APN: 0224484003