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1010 Park Lane

1010 Park Lane, Mason City, IA 50401
House in Cerro Gordo
Sold Oct 05, 2018
$130,500
$126,580 by Servion Inc
Mortgage Due Jan 01, 2048
Sold Jun 04, 2013
$133,500
$100,125 by Merchants Bank Na
Mortgage Due Jul 01, 2028
1010 Park Lane in Mason City, IA was first built in 1968 and is 56 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1010 Park Lane has 1,120 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,120 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 760 ft and the linear feet between the front and back of the lot is 1,310. In total, the area measurement of the land is 9,804 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a hip style roof made of asphalt. Water for the property is sourced from a municipal system. For those who need parking, there is a attached garage. The garage is 440 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of a material which is produced from two or more constituent materials. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1010 Park Lane sold most recently in Sep 11, 2018 for a total of $130,500. If you work out the math, that's approximately a cost of $116.52 per sqft. Before that, the property was also sold for $133,500 in Jun 3, 2013. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,774 in taxes each year. 1010 Park Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $189,550. If we break it down further, the land itself was valued at $29,630. Improvements to the property, however, were assessed at a total of $159,920. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Composition
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 1,120
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,804
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 760
  • Total Building Area: 1,120
  • Gross Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,120
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BEL AIR 1ST ADD
  • Land Acres: 0.225
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L 34 BLK 12 BEL AIR 1ST ADD

Ownership

  • Current Owner : CRAVEN LISA A
  • Previous Owner : CAO TUAN
  • Previous Owner 2: PHAM AI
  • Owner Before Previous Owner: DORENKAMP MATTHEW A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mason City Community School District
  • Census Tract: 951600

Geography

  • Assessors Map Reference: PM 71135403800
  • Parcel: 071135403800
  • Block: 12
  • Lot: 34
  • Meridian: SEC 11 TWN 96N RNG 20W
  • Municipality: MASON CITY
  • Latitude: 43.1429
  • Longitude: -93.1806

    Address

  • Full Address: 1010 Park Ln
  • Address - House Number: 1010
  • Address - Street Name: Park
  • Address - Suffix Type: Ln
  • State: IA
  • City Name: Mason City
  • Carrier Code: C018
  • 4-Digit Zip Code: 5355
  • Zip Code: 50401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,774
  • Tax Rate Code Area: 01001

    Appraisal Valuation

  • Standard Deviation: 0.2216
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 194,668
  • High Value: 237,815
  • Low Value: 151,521

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $126,580
  • First Open Lien Mortgage Lender: SERVION INC
  • First Open Lien Mortgage Recording Date: Oct 05, 2018
  • First Open Lien Mortgage Loan Amount: $126,580
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2048

    Market Valuation

  • Market Total Value: $189,550
  • Market Land Value: $29,630
  • Market Improvement Value: $159,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $189,550
  • Assessed Land Value: $29,630
  • Assessed Improvements Value: $159,920

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 11, 2018
  • Current Sale Recording Date: Oct 05, 2018
  • Current Sale Transaction ID: 11523200937
  • Current Sale Price: $130,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 04, 2013
  • Previous Sale Contract Date: Jun 03, 2013
  • Previous Sale Amount: $133,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SERVION INC
  • First Mortgage Transaction Date: Oct 05, 2018
  • First Mortgage Loan Amount: $126,580
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Jan 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: MERCHANTS BANK NA
  • Previous Mortgage Transaction Date: Jun 04, 2013
  • Previous Mortgage Loan Amount: $100,125
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2028

About Mason City



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Frequently Asked Questions

What neighborhood is 1010 Park Lane located in?
The 1010 Park Lane is a house located in the neighborhood of Cerro Gordo in Mason City, Mason City.
What is the average sales price for listings in 1010 Park Lane?
The average sales price for units in 1010 Park Lane is $0 currently.

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