NOT LISTED FOR SALE

837 5th Ave Marion, IA 52302

Estimated Value: $164,000 - $191,000

Studio
-- Bath
2,200 Sq Ft
$81/Sq Ft Est. Value

Last Sold October 12, 2018

Last sale price $120,000 $55 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,142/month

14 Days on Market

Highlights

  • Deck
  • Forced Air Cooling System
  • 5 Car Garage
  • Marion High School Rated A-

About This Home

As of October 2018

This home is located at 837 5th Ave, Marion, IA 52302 since 28 September 2018 and is currently estimated at $177,500, approximately $80 per square foot. This property was built in 1870. 837 5th Ave is a home located in Linn County with nearby schools including Francis Marion Intermediate School, Vernon Middle School, and Marion High School.

Last Agent to Sell the Property

Glenn Linville

Realty87 Listed on: 09/28/2018

Realty87

Last Buyer's Agent

Glenn Linville

Realty87 Listed on: 09/28/2018

Realty87

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,242

Year Built

  • 1870

Parking

  • 5 Car Garage

Home Design

  • 2,200 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

  • Forced Air Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas

Additional Features

  • Deck
  • Lot Dimensions are 60x120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,242

Year Built

1870

Lot Details

0

Listing Details

  • City Name: Marion
  • Gross Tax: 2242
  • List User Cell Phone: 319-573-5197
  • Miscellaneous: Basement, Common Laundry-Owned, Deck/Patio, Garage, Parking Spaces
  • Net Tax: 2242
  • Noof Units One Bedroom: 2
  • Noof Units Two Bedroom: 1
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.92308
  • Ratio Close Price By Original Li: 0.92308
  • Ratio Current Price By Sq Ft: 54.55
  • Total Sq Ft: 2200
  • Style St: Upper/Lower
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: MultiRes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1870

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Heating Cooling: Forced Air, Gas Heat, Window/Wall Air

Lot Info

  • Lot Size: 60x120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2023
Sold by
Wallraff Nicholas J
Bought by
S & K Rei Llc
Current Estimated Value
$177,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Outstanding Balance
$153,244
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$24,256

Purchase Details

Listed on
Sep 28, 2018
Closed on
Oct 11, 2018
Sold by
Gilliland Todd A and Gilliland Diane M
Bought by
Wallraff Nicholas J
Seller's Agent
Glenn Linville
Realty87
Buyer's Agent
Glenn Linville
Realty87
List Price
$130,000
Sold Price
$120,000
Premium/Discount to List
-$10,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$12,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
S & K Rei Llc $165,000 None Listed On Document
S & K Rei Llc $165,000 None Listed On Document
Wallraff Nicholas J $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open S & K Rei Llc $158,000
Closed S & K Rei Llc $158,000
Previous Owner Wallraff Nicholas J $12,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2018 10/12/18 Sold $120,000 -7.7% $55 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
09/28/2018 09/28/18 For Sale $130,000 -- $59 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

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
2025 $2,630 $175,900 $13,500 $162,400
2024 $2,630 $138,600 $13,500 $125,100
2023 $2,630 $146,400 $24,000 $122,400
2022 $2,630 $118,200 $18,000 $100,200
2021 $2,992 $118,200 $18,000 $100,200
2020 $2,746 $101,500 $18,000 $83,500
2019 $2,908 $71,800 $18,000 $53,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1807325

Cedar Rapids Area Association of REALTORS®

APN: 14011-77003-00000