NOT LISTED FOR SALE

905 S 7th St Marion, IA 52302

Estimated Value: $127,000 - $171,000

3 Beds
1 Bath
900 Sq Ft
$166/Sq Ft Est. Value

Last Sold November 14, 2014

Last sale price $64,500 $72 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $985/month

47 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Forced Air Cooling System
  • Starry Elementary School Rated A-
  • Eat-In Kitchen
  • Patio

About This Home

As of November 2014

FORECLOSURE PROPERTY SOLD AS-IS, NO PROPERTY DISCLOSURE. INITIAL 10 DAY WAIT BEFORE ANY OFFERS REVIEWED BY SELLER = 9/7/14. ASSESSED VALUE OF $92,800. THREE BEDROOM, 1 BATH SLAB RANCH WITH OVERSIZED 680 SQ FT GARAGE. NO SUBJECT TO SALE OFFERS ALLOWED OR IMPROVEMENTS TO PROPERTY PRIOR TO CLOSING. EMPLOYEES AND FAMILY MEMBERS RESIDING WITH EMPLOYEES OF JP MORGAN CHASE BANK NA ITS AFFILIATES OR SUBSIDIARIES ARE STRICTLY PROHIBITED FROM DIRECTLY OR INDIRECTLY PURCHASING ANY PROPERTY OWNED BY JP MORGAN CHASE BANK, NA. PLEASE ALLOW UP TO 3 BUSINESS DAYS FOR COUNTER AND OFFER RESPONSES. AGENTS PLEASE CALL REMAX 24 HOUR HIAWATHA OFFICE FOR ALL SHOWINGS.

Last Agent to Sell the Property

Jim Willmsen

RE/MAX CONCEPTS Listed on: 08/28/2014

RE/MAX CONCEPTS

Last Buyer's Agent

Ashley Stiles

REVOLUTION REALTY TEAM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,602

Year Built

  • 1961

Lot Details

  • Lot Dimensions are 60 x 108
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 900 Sq Ft Home
  • Family Room
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,602

Year Built

1961

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 900
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Marion
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 1602
  • List User Cell Phone: 319-981-7653
  • Miscellaneous: Fencing, Patio
  • Net Tax: 1418
  • Other: Repo
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.95556
  • Ratio Close Price By Original Li: 0.86230
  • Ratio Current Price By Sq Ft: 71.67
  • Total Sq Ft: 900
  • Taxable Value Tv: 92800.00
  • Tax Roll Number: 140147701100000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Additional Room: 1st Floor Family, 1st Floor Laundry
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 680

Utilities

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

Lot Info

  • Lot Size: 60 X 108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2014
Closed on
Oct 27, 2014
Sold by
Us Bank Na
Bought by
Bd Cr Properties Llc
Seller's Agent
Jim Willmsen
RE/MAX CONCEPTS
Buyer's Agent
Ashley Stiles
REVOLUTION REALTY TEAM
List Price
$74,800
Sold Price
$64,500
Premium/Discount to List
-$10,300
-13.77%
Current Estimated Value
$149,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,601
Avg. Annual Appreciation
7.87%
Original Mortgage
$74,400
Outstanding Balance
$50,981
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$98,120

Purchase Details

Closed on
Jul 22, 2014
Sold by
Holmes Christopher S and Holmes Dana L
Bought by
Us Bank Na

Purchase Details

Closed on
Mar 18, 1999
Sold by
Yoder Brent G and Yoder Debbra A
Bought by
Holmes Christopher S and Holmes Dana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,453
Interest Rate
6.85%
Mortgage Type
FHA
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
Bd Cr Properties Llc $64,500 None Available
Us Bank Na $122,192 None Available
Holmes Christopher S $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bd Cr Properties Llc $74,400
Previous Owner Holmes Christopher S $69,453
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2014 11/14/14 Sold $64,500 -13.8% $72 / Sq Ft
10/14/2014 10/14/14 Pending -- -- --
08/28/2014 08/28/14 For Sale $74,800 -- $83 / 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
2025 $2,402 $144,800 $15,800 $129,000
2024 $2,366 $128,000 $15,800 $112,200
2023 $2,366 $128,000 $15,800 $112,200
2022 $2,286 $106,300 $15,800 $90,500
2021 $2,224 $106,300 $15,800 $90,500
2020 $2,224 $98,400 $15,800 $82,600
2019 $2,194 $98,400 $15,800 $82,600
2018 $2,126 $97,400 $20,200 $77,200
2017 $2,096 $92,800 $20,200 $72,600
2016 $2,064 $92,800 $20,200 $72,600
2015 $2,057 $92,800 $20,200 $72,600
2014 $1,864 $92,800 $20,200 $72,600
2013 $1,788 $92,800 $20,200 $72,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1406028

Cedar Rapids Area Association of REALTORS®

APN: 14014-77011-00000