NOT LISTED FOR SALE

907 1st St Palo, IA 52324

Estimated Value: $201,000 - $225,000

5 Beds
1 Bath
1,864 Sq Ft
$115/Sq Ft Est. Value

Last Sold January 03, 2023

Last sale price $179,900 $97 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,350/month

13 Days on Market

Highlights

  • Wood Burning Stove
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • John F. Kennedy High School Rated A-
  • 4 Car Detached Garage
  • 1-minute walk to Zeller Memorial Park

About This Home

As of January 2023

Great location close to Cedar Rapids this updated 2 story home includes a 25x38 garage, fenced yard and additional storage shed. Updated kitchen, woodburning stove, main floor laundry room, updated kitchen with breakfast bar. Enclosed porch can be office or sitting area.

Last Agent to Sell the Property

Dan Kaestner

IOWA REALTY Listed on: 11/21/2022

IOWA REALTY

Last Buyer's Agent

Pattie Fox

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,431

Year Built

  • 1928

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 140 x 145

Home Design

  • Frame Construction
  • Slate

Interior Spaces

  • 1,864 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 4 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,431

Year Built

1928

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.4660
  • Above Grade Finished Sq Ft: 1864
  • Total Bathrooms: 1.00
  • Total Bedrooms: 5
  • City Name: Palo
  • Dining Features: Breakfast Bar, Eat-In Kitchen
  • Gross Tax: 2431
  • List User Cell Phone: 319-560-2330
  • Miscellaneous: Patio
  • Net Tax: 2254
  • 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: 96.51
  • Total Sq Ft: 1864
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1928

Interior Features

  • Appliances Included: Dryer, Garage Door Opener, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 3
  • Fireplace Features: Wood Burning Stove
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Slate

Garage/Parking

  • Garage/Parking: 4 Or More Cars, Detached

Utilities

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

Schools

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

Lot Info

  • Lot Size: 140 X 145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
Dec 30, 2022
Sold by
Lewis Matt K
Bought by
Hutchcroft Dorothy L
Seller's Agent
Dan Kaestner
IOWA REALTY
Buyer's Agent
Pattie Fox
Realty87
List Price
$179,900
Sold Price
$179,900
Views
27
Current Estimated Value
$213,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,702
Avg. Annual Appreciation
6.35%
Original Mortgage
$161,910
Outstanding Balance
$156,332
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$57,270

Purchase Details

Closed on
Jun 26, 1998
Sold by
Dorman Jane E
Bought by
Lewis Matt K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.18%
Source: Public Records

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
Hutchcroft Dorothy L $180,000 --
Lewis Matt K $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutchcroft Dorothy L $161,910
Previous Owner Lewis Matt K $48,000
Closed Hutchcroft Dorothy L $17,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2023 01/03/23 Sold $179,900 0.0% $97 / Sq Ft
12/04/2022 12/04/22 Pending -- -- --
11/21/2022 11/21/22 For Sale $179,900 -- $97 / 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 $2,590 $172,300 $27,800 $144,500
2024 $2,396 $182,100 $27,800 $154,300
2023 $2,396 $182,100 $27,800 $154,300
2022 $2,430 $123,600 $27,800 $95,800
2021 $2,396 $123,600 $27,800 $95,800
2020 $2,396 $115,500 $27,800 $87,700
2019 $1,850 $91,600 $27,800 $63,800
2018 $1,810 $91,600 $27,800 $63,800
2017 $1,822 $91,900 $27,800 $64,100
2016 $1,822 $91,900 $27,800 $64,100
2015 $1,844 $91,900 $27,800 $64,100
2014 $1,844 $91,900 $27,800 $64,100
2013 $1,806 $91,900 $27,800 $64,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2209920

Cedar Rapids Area Association of REALTORS®

APN: 12204-79001-00000