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5776 Ridge Stone Lane

5776 Ridge Stone Lane, Marion, IA 52302
House in Linn
Sold May 01, 2020
$327,500
$261,680 by Collins Community Cu
Mortgage Due May 01, 2050
Sold Apr 24, 2019
$60,000
$160,000 by Citizens State Bank
Mortgage Due Apr 19, 2020
5776 Ridge Stone Lane has been categorized by the local assessors in Marion, IA as a residential type of property. The building on the property was first built in 2019 and is 5 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5776 Ridge Stone Lane has 1,574 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 13,504 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5776 Ridge Stone Lane was last sold in Apr 29, 2020 for $327,500. According to our calculations, that's $208.07 per sqft. Prior to that sales transaction, the property was sold for $60,000 in Apr 22, 2019. Current property owners are expected to pay $7,288 in taxes per year. The property on 5776 Ridge Stone Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $411,900. To break that down further, the land itself was valued at $75,600. While improvements to the property were assessed at a total of $336,300. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Aluminum Siding
Stone Exterior

Parking

On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Total Rooms: 7
  • Bedroom Count: 3
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 1,574
  • Building Area: 1,574
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,574
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ECHO RIDGE ESTATES
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ECHO RIDGE ESTATES 2ND LOT 39

Ownership

  • Current Owner : KRUMM TY F
  • Current Owner 2: KRUMM DEBBIE K
  • Previous Owner : ST HOMES LLC
  • Owner Before Previous Owner: INTEGRITY CUSTOM HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Linn-Mar Community School District
  • School Tax School District: LINN-MAR
  • Census Tract: 000208

Geography

  • Parcel: 11-23-1-05-002-0-0000
  • Lot: 39
  • Meridian: SEC 23 TWN 84N RNG 7W
  • Municipality: MARION
  • Latitude: 42.0779
  • Longitude: -91.6232

    Address

  • Full Address: 5776 Ridge Stone Ln
  • Address - House Number: 5776
  • Address - Street Name: Ridge Stone
  • Address - Suffix Type: Ln
  • State: IA
  • City Name: Marion
  • Carrier Code: R003
  • 4-Digit Zip Code: 0050
  • Zip Code: 52302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,288
  • Tax Rate Code Area: MARION CIT

    Appraisal Valuation

  • Standard Deviation: 0.1596
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 408,436
  • High Value: 473,637
  • Low Value: 343,235

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $261,680
  • First Open Lien Mortgage Lender: COLLINS COMMUNITY CU
  • First Open Lien Mortgage Recording Date: May 01, 2020
  • First Open Lien Mortgage Loan Amount: $261,680
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $411,900
  • Market Land Value: $75,600
  • Market Improvement Value: $336,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $411,900
  • Assessed Land Value: $75,600
  • Assessed Improvements Value: $336,300

    Sales

  • Current Sale Contract Date: Apr 29, 2020
  • Current Sale Recording Date: May 01, 2020
  • Current Sale Transaction ID: 11758257645
  • Current Sale Price: $327,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 24, 2019
  • Previous Sale Contract Date: Apr 22, 2019
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COLLINS COMMUNITY CU
  • First Mortgage Transaction Date: May 01, 2020
  • First Mortgage Loan Amount: $261,680
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CITIZENS STATE BANK
  • Previous Mortgage Transaction Date: Apr 24, 2019
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $160,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Apr 19, 2020

About Linn



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Frequently Asked Questions

What neighborhood is 5776 Ridge Stone Lane located in?
The 5776 Ridge Stone Lane is a house located in the neighborhood of Linn in Linn, Marion.
What is the average sales price for listings in 5776 Ridge Stone Lane?
The average sales price for units in 5776 Ridge Stone Lane is $0 currently.

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