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325 North Cherokee Drive

325 North Cherokee Drive, Polk City, IA 50226
Property in Polk
Sold Jan 19, 2024
$205,000
$200,000 by Luana Savings Bank
Mortgage Due Jan 19, 2054
Sold Jan 28, 2022
$174,500
$130,875 by Veridian Credit Union
Mortgage
325 North Cherokee Drive has been categorized by the local assessors in Polk City, IA as a residential type of property. The building on the property was first built in 1996 and is 28 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 325 North Cherokee Drive has 1,604 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 592 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 2,518 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 240 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. 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, 325 North Cherokee Drive sold most recently in Jan 16, 2024 for a total of $205,000. If you work out the math, that's approximately a cost of $100.69 per sqft. Before that, the property was also sold for $174,500 in Jan 24, 2022. 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 $3,630 in taxes each year. 325 North Cherokee Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $190,000. If we break it down further, the land itself was valued at $32,400. Improvements to the property, however, were assessed at a total of $157,600. 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.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 592
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,518
  • Total Building Area: 2,036
  • Gross Building Area: 2,036
  • Building Area: 1,604
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,604
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ARROW RIDGE POINT PLAT 2
  • Land Acres: 0.058
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: PARCEL B BEG 33.08F SE OF N COR THN SE 17.82F SW 140F NW 18.15F NE 140.01F TO POB LT 32 ARROW RIDGE POINT PLAT 2

Ownership

  • Current Owner : LANGE COLBY R
  • Previous Owner : SCHECHINGER PROPERTIES LLC
  • Owner Before Previous Owner: AMY SIMPSON
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: North Polk Community School District
  • Census Tract: 011500

Geography

  • Assessors Map Reference: 1043
  • District: 261
  • Parcel: 261/00142-232-002
  • Lot: 32
  • Municipality: POLK CITY
  • Latitude: 41.7793
  • Longitude: -93.7302

    Address

  • Full Address: 325 N Cherokee Dr
  • Address - House Number: 325
  • Street Direction: N
  • Address - Street Name: Cherokee
  • Address - Suffix Type: Dr
  • State: IA
  • City Name: Polk City
  • Carrier Code: R001
  • 4-Digit Zip Code: 1198
  • Zip Code: 50226

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,630

    Appraisal Valuation

  • Standard Deviation: 0.2021
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 227,218
  • High Value: 273,143
  • Low Value: 181,293

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: LUANA SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jan 19, 2024
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jan 19, 2054

    Market Valuation

  • Market Total Value: $190,000
  • Market Land Value: $32,400
  • Market Improvement Value: $157,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $190,000
  • Assessed Land Value: $32,400
  • Assessed Improvements Value: $157,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 16, 2024
  • Current Sale Recording Date: Jan 19, 2024
  • Current Sale Transaction ID: 11919454214
  • Current Sale Price: $205,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2780
  • Previous Sale Recording Date: Jan 28, 2022
  • Previous Sale Contract Date: Jan 24, 2022
  • Previous Sale Amount: $174,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LUANA SAVINGS BANK
  • First Mortgage Transaction Date: Jan 19, 2024
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Previous Mortgages

  • Previous Mortgage Lender: VERIDIAN CREDIT UNION
  • Previous Mortgage Transaction Date: Jan 28, 2022
  • Previous Mortgage Loan Amount: $130,875
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Polk City



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Frequently Asked Questions

What neighborhood is 325 North Cherokee Drive located in?
The 325 North Cherokee Drive is a other located in the neighborhood of Polk in Polk City, Polk City.
What is the average sales price for listings in 325 North Cherokee Drive?
The average sales price for units in 325 North Cherokee Drive is $0 currently.

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