NOT LISTED FOR SALE

901 2nd St Palo, IA 52324

Estimated Value: $119,000 - $141,000

2 Beds
1 Bath
820 Sq Ft
$161/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $110,000 $134 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $839/month

26 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Eat-In Kitchen
  • John F. Kennedy High School Rated A-
  • 2 Car Detached Garage
  • 4-minute walk to Zeller Memorial Park

About This Home

As of September 2021

Cute 2 bedroom home located in the heart of Palo. Outside you will find a beautiful covered porch leading you into the front door. Inside you will find updates galore including newer kitchen, main level laundry, updated appliances, flooring, and bathroom. Outside awaits a oversized lot with a 2 stall garage with 220amp. Do not miss out on this one! Currently the only home active on the MLS in Palo!

Last Agent to Sell the Property

Michael Smith

eXp Realty Listed on: 07/06/2021

eXp Realty

Last Buyer's Agent

Melissa Redinbaugh

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,588

Year Built

  • 1955

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • 820 Sq Ft Home
  • Crawl Space
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,588

Year Built

1955

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 820
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Palo
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 1588
  • List User Cell Phone: 319-540-2477
  • Miscellaneous: Deck
  • Net Tax: 1412
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.92437
  • Ratio Close Price By Original Li: 0.88000
  • Ratio Current Price By Sq Ft: 134.15
  • Total Sq Ft: 820
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Appliances Included: Garage Door Opener, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Basement: Crawl
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached

Utilities

  • Heating Cooling: Gas Heat, Window/Wall Air

Schools

  • Elementary School: Viola Gibson
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Sep 9, 2021
Sold by
Sanders Kimberly A
Bought by
Buck Joseph and Buck Angela
Seller's Agent
Michael Smith
eXp Realty
Buyer's Agent
Melissa Redinbaugh
RE/MAX CONCEPTS
List Price
$125,000
Sold Price
$110,000
Premium/Discount to List
-$15,000
-12%
Current Estimated Value
$132,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,146
Avg. Annual Appreciation
4.77%
Original Mortgage
$113,636
Outstanding Balance
$103,474
Interest Rate
2.7%
Mortgage Type
USDA
Estimated Equity
$29,013

Purchase Details

Closed on
Apr 11, 2018
Sold by
Sanders-Patton Kimberly and Patton Samuel A
Bought by
Anderson Jordan V

Purchase Details

Closed on
Oct 21, 2013
Sold by
Palo Savings Bank
Bought by
Sanders Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,986
Interest Rate
4.59%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 7, 2013
Sold by
Cummings Chad M and Cummings Jessica K
Bought by
Palo Savings Bank

Purchase Details

Closed on
Aug 13, 2010
Sold by
Eye Family Properties Lc
Bought by
Cummings Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.63%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Buck Joseph $110,000 None Available
Anderson Jordan V $77,000 None Available
Sanders Kimberly A $58,000 None Available
Palo Savings Bank -- None Available
Cummings Chad $51,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buck Joseph $113,636
Previous Owner Sanders Kimberly A $65,986
Previous Owner Cummings Chad $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $110,000 -7.6% $134 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
07/10/2021 07/10/21 Price Changed $119,000 -4.8% $145 / Sq Ft
07/06/2021 07/06/21 For Sale $125,000 -- $152 / 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 $1,504 $106,400 $14,100 $92,300
2023 $1,504 $106,400 $14,100 $92,300
2022 $1,526 $77,600 $14,100 $63,500
2021 $1,498 $77,600 $14,100 $63,500
2020 $1,498 $73,600 $14,100 $59,500
2019 $1,336 $73,600 $14,100 $59,500
2018 $1,308 $66,200 $14,100 $52,100
2017 $1,244 $62,800 $14,100 $48,700
2016 $1,244 $62,800 $14,100 $48,700
2015 $1,186 $59,100 $14,100 $45,000
2014 $1,186 $59,100 $14,100 $45,000
2013 $1,162 $59,100 $14,100 $45,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2104552

Cedar Rapids Area Association of REALTORS®

APN: 12204-80003-00000