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311 Park Lane Circle

311 Park Lane Circle, Eldridge, IA 52748
Property in Scott
Sold May 21, 2013
$170,000
$199,323 by Federal Savings Bank
Mortgage Due Oct 01, 2046
Sold Jun 04, 2012
$166,000
$169,387 by The National Bank
Mortgage Due Jun 01, 2042
Local assessors in Eldridge, IA have categorized 311 Park Lane Circle as a residential type of property. The home was built in 1979 and is 45 years old. The property's lot size has been calculated to be 12,066 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 311 Park Lane Circle has a total of 1,232 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 550 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a screened porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable style roof that was made of asphalt. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 311 Park Lane Circle sold most recently in May 17, 2013 for a total of $170,000. If you work out the math, that's approximately a cost of $137.99 per sqft. Before that, the property was also sold for $166,000 in Jun 1, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,708 in taxes each year. 311 Park Lane Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $248,600. If we break it down further, the land itself was valued at $36,200. Improvements to the property, however, were assessed at a total of $212,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1979
  • Effective Year Built: 1979
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Frame
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 1,232
  • Garage Type: Attached
  • Garage Square Area: 550
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 12,066
  • Total Building Area: 1,232
  • Gross Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,232
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PARK VIEW 7TH ADD
  • Land Acres: 0.277
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARK VIEW 7TH ADD LOT: 005 PARK VIEW 7TH ADD

Ownership

  • Current Owner : RICKERTSEN BRANDON
  • Previous Owner : MORDEN GENE G
  • Previous Owner 2: MORDEN MELBA L
  • Owner Before Previous Owner: LARSON FREDERICK O
  • Owner Before Previous Owner 2: LARSON DEBRA SUE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: North Scott Community School District
  • School Tax School District: NORTH SCOTT
  • Census Tract: 010202

Zoning

  • Zoning: CAD

Geography

  • Assessors Map Reference: PM 43135205
  • District: BT
  • Parcel: 043135205
  • Lot: 5
  • Municipality: BUTLER TWP
  • Latitude: 41.6893
  • Longitude: -90.5407

    Address

  • Full Address: 311 Park Lane Cir
  • Address - House Number: 311
  • Address - Street Name: Park Lane
  • Address - Suffix Type: Cir
  • State: IA
  • City Name: Eldridge
  • Carrier Code: R202
  • 4-Digit Zip Code: 9674
  • Zip Code: 52748

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,708
  • Tax Rate Code Area: BTNSX

    Appraisal Valuation

  • Standard Deviation: 0.1834
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 76
  • Final Value: 286,041
  • High Value: 338,525
  • Low Value: 233,557

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $232,323
  • First Open Lien Mortgage Lender: FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Sep 13, 2016
  • First Open Lien Mortgage Loan Amount: $199,323
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2046
  • Second Open Lien Mortgage Lender: DEERE EMPLOYEES CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Sep 04, 2019
  • Second Open Lien Mortgage Loan Amount: $33,000
  • Second Open Lien Mortgage Term: 84
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Balloon
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2026

    Market Valuation

  • Market Total Value: $248,600
  • Market Land Value: $36,200
  • Market Improvement Value: $212,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $248,600
  • Assessed Land Value: $36,200
  • Assessed Improvements Value: $212,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 17, 2013
  • Current Sale Recording Date: May 21, 2013
  • Current Sale Transaction ID: 1180535972
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2013-00015834
  • Previous Sale Recording Date: Jun 04, 2012
  • Previous Sale Contract Date: Jun 01, 2012
  • Previous Sale Amount: $166,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: May 21, 2013
  • First Mortgage Loan Amount: $170,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 01, 2043

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: THE NATIONAL BANK
  • Previous Mortgage Transaction Date: Jun 04, 2012
  • Previous Mortgage Loan Amount: $169,387
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2042

About Park View



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Frequently Asked Questions

What neighborhood is 311 Park Lane Circle located in?
The 311 Park Lane Circle is a located in the neighborhood of Scott in Park View, Eldridge.
What is the average sales price for listings in 311 Park Lane Circle?
The average sales price for units in 311 Park Lane Circle is $0 currently.

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