NOT LISTED FOR SALE

7304 Railway St Palo, IA 52324

Estimated Value: $323,000 - $392,000

3 Beds
2 Baths
1,874 Sq Ft
$185/Sq Ft Est. Value

Last Sold April 07, 2022

Last sale price $325,000 $173 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,080/month

6 Days on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • Den
  • John F. Kennedy High School Rated A-
  • Screened Porch
  • Cul-De-Sac

About This Home

As of April 2022

There's still time: Offers due by Thursday 3/3 4pm. Ranch Acreage w/ lake/pond view, 10 to 15 minutes to most major parts of Cedar Rapids & close to Highway 100 & Covington Rd. Enjoy your evenings on the breathtaking Heated/lanai screened porch with a 12' slider into the house, perfect for entertaining. Vaulted ceilings on the ML, hardwood, stone & tile floors, completely remodeled kitchen w/ high-end appliances & pantry, LL features a Rec space with fireplace, Office/non-conforming bedroom, a second office space and a full bathroom. Great neighborhood, on a quiet dead-end street, in a country setting w/ low taxes. Additional features/improvements include a park-like setting with pond/lake view, kids playset, New shutters, New Roof, Newer Windows, updated landscaping and storage shed. Plenty of room for more garage/storage. This acreage is everything you've been looking for!

Last Agent to Sell the Property

Chassy Pollard

Pinnacle Realty LLC Listed on: 02/25/2022

Last Buyer's Agent

Victoria Torres

KW Advantage

KW Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,254

Year Built

  • 1992

Lot Details

  • 1.2 Acre Lot
  • Cul-De-Sac
  • Electric Fence

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room
  • Combination Kitchen and Dining Room
  • Den
  • Recreation Room with Fireplace
  • Screened Porch
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Outdoor Features

  • Storage Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,254

Year Built

1992

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 1.2000
  • Above Grade Finished Sq Ft: 1074
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Palo
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 3254
  • List User Cell Phone: 319-720-5700
  • Low Lvl Fin Sq Ft: 800
  • Miscellaneous: Electric Fence, Storage Shed, Vaulted Ceiling
  • Net Tax: 3125
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 302.61
  • Total Sq Ft: 1874
  • Water Sewer Roads: Community Well, Public Street Maint., Septic System
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1992

Interior Features

  • Appliances Included: Dishwasher, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Family, 3 Seasons, Den/Study, Family Room, Non Egress-Ll Room, Screen Porch
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Rec Room
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 8
  • Site Description: Cul-De-Sac

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached, Guest Parking, Off Street Parking
  • Garage Size: 528

Utilities

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

Schools

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

Lot Info

  • Lot Size: 1.2 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2021
Sold by
Bunnell Ryan W and Bunnell Jessica I
Bought by
Bumgardner Michael and Bumgardner Jennifer
Current Estimated Value
$333,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2018
Sold by
Lawler Kathleen A and Lawler Matthew
Bought by
Bunnell Ryan W and Bunnell Jessica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2018
Sold by
Lawler Matthew
Bought by
Lawler Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2011
Sold by
Lawler Kathleen M and Lawler Matthew
Bought by
Lawler Kathleen M and Lawler Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,600
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 3, 2008
Sold by
Michael Brock
Bought by
Michael Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,385
Interest Rate
5.93%
Mortgage Type
FHA
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
Bumgardner Michael $280,000 None Available
Bunnell Ryan W $235,000 Security First Title Co
Lawler Kathleen -- None Available
Lawler Kathleen M -- None Available
Michael Kathleen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuentes Javier Aldana $292,500
Closed Fuentes Javier Aldana $32,500
Closed Bumgardner Michael $266,000
Previous Owner Bunnell Ryan W $222,000
Previous Owner Bunnell Ryan W $223,200
Previous Owner Lawler Kathleen M $35,000
Previous Owner Lawler Kathleen M $145,000
Previous Owner Lawler Kathleen M $136,501
Previous Owner Lawler Kathleen M $161,600
Previous Owner Michael Kathleen $161,385
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2022 04/07/22 Sold $325,000 0.0% $173 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $325,000 -- $173 / 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
2023 $3,062 $261,100 $52,000 $209,100
2022 $3,022 $218,300 $52,000 $166,300
2021 $2,654 $218,300 $52,000 $166,300
2020 $2,654 $186,600 $36,000 $150,600
2019 $2,636 $188,900 $51,000 $137,900
2018 $2,558 $188,900 $51,000 $137,900
2017 $2,588 $181,700 $51,000 $130,700
2016 $2,461 $168,800 $51,000 $117,800
2015 $2,504 $170,800 $51,000 $119,800
2014 $2,376 $170,800 $51,000 $119,800
2013 $2,326 $170,800 $51,000 $119,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2201059

Cedar Rapids Area Association of REALTORS®

APN: 13152-01005-00000