NOT LISTED FOR SALE

7405 Railway St Palo, IA 52324

Estimated Value: $288,000 - $392,463

3 Beds
2.5 Baths
2,198 Sq Ft
$162/Sq Ft Est. Value

Last Sold September 01, 2017

Last sale price $219,000 $100 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,233/month

14 Days on Market

Highlights

  • Ranch Style House
  • Cul-De-Sac
  • Eat-In Kitchen
  • John F. Kennedy High School Rated A-
  • 2 Car Attached Garage
  • Forced Air Cooling System

About This Home

As of September 2017

Stretch out in this ranch home on 1.3 acres. Home features new roof, new central air, new furnace, new carpet and fresh paint. Enjoy the private lot from the 3 seasons porch with windows overlooking partially fenced yard. Eat in kitchen with gas range. 1st floor laundry. Finished lower level rec room with gas fireplace. Full bath plus craft room. 2 stall attached garage with additional heated and cooled work shop. Barn shed for all the yard equipment. home is clean, move in ready with quick possession . Located just off the new highway 100 interchange.

Last Listed By

Steve Eden

IOWA REALTY Listed on: 06/15/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,782

Year Built

  • 1989

Lot Details

  • 1.35 Acre Lot
  • Cul-De-Sac
  • Fenced

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • Gas Fireplace
  • Combination Kitchen and Dining Room
  • Recreation Room with Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,782

Year Built

1989

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 1.3500
  • Above Grade Finished Sq Ft: 1288
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Total Bedrooms: 3
  • City Name: Palo
  • Dining Features: Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 2782
  • List User Cell Phone: 319-981-4125
  • Low Lvl Fin Sq Ft: 910
  • Miscellaneous: Cable Ready, Fencing, Patio, Screen Porch, Storage Shed
  • Net Tax: 2655
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99681
  • Ratio Close Price By Original Li: 0.99681
  • Ratio Current Price By Sq Ft: 170.03
  • Total Sq Ft: 2198
  • Water Sewer Roads: Septic System, Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1989

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Laundry, 3 Seasons
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Rec Room
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Site Description: Cul-De-Sac

Exterior Features

  • Construction Methods: Frame
  • Exterior: Composite

Garage/Parking

  • Garage/Parking: 2 Cars, Attached, Heated Garage, Off Street Parking

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
Jun 15, 2017
Closed on
Aug 30, 2017
Sold by
Rasmussen Nancy R and Rasmussen Ronald L
Bought by
Butz Bruce A and Buyz Christine R
Seller's Agent
Steve Eden
IOWA REALTY
Buyer's Agent
Jeanne Philipp
COLDWELL BANKER HEDGES
List Price
$219,700
Sold Price
$219,000
Premium/Discount to List
-$700
-0.32%
Total Days on Market
14
Current Estimated Value
$355,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,116
Avg. Annual Appreciation
6.34%

Purchase Details

Closed on
Nov 1, 2002
Sold by
Jellison Sheila M and Jellison David K
Bought by
Rasmussen Ron L and Rasmussen Nancy R

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
Butz Bruce A -- None Available
Rasmussen Ron L $169,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butz Bruce A $85,000
Previous Owner Rasmussen Nancy R $158,200
Previous Owner Rasmussen Nancy R $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2017 09/01/17 Sold $219,000 -0.3% $100 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $219,700 -- $100 / 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 $3,168 $289,600 $54,000 $235,600
2022 $3,124 $234,700 $54,000 $180,700
2021 $2,892 $234,700 $54,000 $180,700
2020 $2,892 $202,600 $36,800 $165,800
2019 $2,646 $189,600 $36,800 $152,800
2018 $2,708 $189,600 $36,800 $152,800
2017 $2,519 $176,000 $36,800 $139,200
2016 $2,519 $176,000 $36,800 $139,200
2015 $2,532 $176,000 $36,800 $139,200
2014 $2,404 $176,000 $36,800 $139,200
2013 $2,352 $176,000 $36,800 $139,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1706427

Cedar Rapids Area Association of REALTORS®

APN: 13152-01015-00000