NOT LISTED FOR SALE

988 Archer Dr Marion, IA 52302

Estimated Value: $619,000 - $801,882

8 Beds
3.5 Baths
3,828 Sq Ft
$184/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $761,607 $199 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,771/month

Highlights

  • New Construction
  • Great Room with Fireplace
  • 4 Car Attached Garage
  • Marion High School Rated A-
  • Den
  • Forced Air Cooling System

About This Home

As of September 2023

Custom 2-story in our popular "Bowman Meadows" addition. This home will feature an open concept main level with views overlooking the Boyson Trail. A main level bedroom offers space for guests and / or in-home office. The hard surface flooring continues throughout the main level with custom cabinetry and trim throughout. The lower level features a second full kitchen, two more bedrooms, and open rec. room. Price subject to change, not all selections have been made.

Last Agent to Sell the Property

Jessie Arp

SKOGMAN REALTY Listed on: 01/12/2023

SKOGMAN REALTY

Co-Listed By

Mary Zalesky

SKOGMAN REALTY

Last Buyer's Agent

Jessie Arp

SKOGMAN REALTY Listed on: 01/12/2023

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $90

Year Built

  • 2023

Lot Details

  • 10,672

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Den
  • Basement Fills Entire Space Under The House
  • Laundry on upper level

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener Leased
  • Cable TV Available

Additional Features

  • Patio
  • 10,672 Sq Ft Lot

Community Details

  • Built by Skogman Homes

Home Details

Home Type

Single Family

Est. Annual Taxes

$90

Year Built

2023

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Style: 2 Stories
  • Acres: 0.2450
  • Above Grade Finished Sq Ft: 2772
  • Association Fee Frequency: Year
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Lower Level Bedroom: 2
  • Total Bedrooms: 8
  • City Name: Marion
  • Dining Features: Kitchen/Dining Combo
  • List User Cell Phone: 319-450-2989
  • Low Lvl Fin Sq Ft: 1056
  • Miscellaneous: Cable Ready, Patio
  • New Construction: Yes
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.09270
  • Ratio Close Price By Original Li: 1.09270
  • Ratio Current Price By Sq Ft: 274.75
  • R Value Ceiling: 49.0000
  • R Value Sidewalls: 21.0000
  • Total Sq Ft: 3828
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2023

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Water Heater – Gas, Water Softener – Lease
  • Additional Room: 2nd Floor Laundry, Den/Study, Great Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 5
  • Fireplace Features: Built In, Great Room
  • Level 2 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 18

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Stone, Vinyl

Garage/Parking

  • Garage/Parking: 4 Or More Cars, Attached
  • Garage Size: 4 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 50
  • Association: Yes

Schools

  • Elementary School: Longfellow
  • Middle School: Vernon
  • High School: Marion

Lot Info

  • Lot Size: Irregular

Building Info

  • Builder Name: Skogman Homes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Sep 7, 2023
Sold by
Midwest Development Co
Bought by
Gillis Colin B and Gillis Bethany J
Seller's Agent
Jessie Arp
SKOGMAN REALTY
Buyer's Agent
Jessie Arp
SKOGMAN REALTY
List Price
$696,998
Sold Price
$761,607
Premium/Discount to List
$64,609
9.27%
Views
20
Current Estimated Value
$705,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,136
Avg. Annual Appreciation
-3.74%
Original Mortgage
$498,000
Outstanding Balance
$487,438
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$218,033
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
Gillis Colin B $762,000 None Listed On Document
Gillis Colin B $762,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillis Colin B $498,000
Closed Gillis Colin B $498,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $761,607 +9.3% $199 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $696,998 -- $182 / 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 $90 $654,100 $40,300 $613,800
2023 $90 $4,000 $4,000 $0
2022 $9,000 $4,000 $4,000 $0
2021 $16 $600 $600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2300262

Cedar Rapids Area Association of REALTORS®

APN: 11363-51029-00000