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4601 Sherry Lane

4601 Sherry Lane, Marion, IA 52302
Property in Linn
Sold Jun 22, 2017
$250,000
$199,784 by Collins Community Cu
Mortgage Due Jul 01, 2047
Sold Feb 19, 1999
$137,500
$110,400 by Collins Community Credit Union
Mortgage Due Mar 01, 2029
4601 Sherry 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 1971 and is 53 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4601 Sherry Lane has 1,696 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,660 ft and across the front of the lot is 1,640 ft. The area measurement of the land has been determined as 43,560 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 1,056 sqft. According to our sources, there are a total of 4 available parking spaces. 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. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. 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. 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, 4601 Sherry Lane sold most recently in Jun 15, 2017 for a total of $250,000. If you work out the math, that's approximately a cost of $147.41 per sqft. Before that, the property was also sold for $137,500 in Feb 18, 1999. 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 $3,966 in taxes each year. 4601 Sherry Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $335,700. If we break it down further, the land itself was valued at $65,000. Improvements to the property, however, were assessed at a total of $270,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1971
  • Effective Year Built: 1971
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 1,344
  • Garage Type: Attached
  • Garage Square Area: 1,056
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 2,660
  • Lot Size Frontage Feet: 1,640
  • Total Building Area: 1,696
  • Gross Building Area: 1,696
  • Building Area: 1,696
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,696
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LYONS 2ND
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LYONS 2ND LOT 16

Ownership

  • Current Owner : OTTE NICKOLAS W
  • Current Owner 2: OTTE WENDI K
  • Previous Owner : MOULDS BRIAN J
  • Previous Owner 2: MOULDS PATRICIA E
  • Owner Before Previous Owner: WALL DONALD A
  • Owner Before Previous Owner 2: WALL JANET Z
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: USR

Geography

  • Parcel: 11-23-4-77-002-0-0000
  • Lot: 16
  • Meridian: SEC 23 TWN 84N RNG 7W
  • Municipality: MARION
  • Latitude: 42.0677
  • Longitude: -91.6198

    Address

  • Full Address: 4601 Sherry Ln
  • Address - House Number: 4601
  • Address - Street Name: Sherry
  • Address - Suffix Type: Ln
  • State: IA
  • City Name: Marion
  • Carrier Code: R003
  • 4-Digit Zip Code: 9236
  • Zip Code: 52302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,966
  • Tax Rate Code Area: MARION TWP

    Appraisal Valuation

  • Standard Deviation: 0.1322
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 84
  • Final Value: 352,435
  • High Value: 399,049
  • Low Value: 305,821

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $249,730
  • First Open Lien Mortgage Lender: COLLINS COMMUNITY CU
  • First Open Lien Mortgage Recording Date: Jun 22, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $199,784
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2047
  • Second Open Lien Mortgage Lender: COLLINS COMMUNITY CU
  • Second Open Lien Mortgage Recording Date: Jun 22, 2017
  • Second Open Lien Mortgage Loan Amount: $49,946
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2047

    Market Valuation

  • Market Total Value: $335,700
  • Market Land Value: $65,000
  • Market Improvement Value: $270,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $335,700
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $270,700

    Sales

  • Current Sale Contract Date: Jun 15, 2017
  • Current Sale Recording Date: Jun 22, 2017
  • Current Sale Transaction ID: 1588894082
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 19, 1999
  • Previous Sale Contract Date: Feb 18, 1999
  • Previous Sale Amount: $137,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COLLINS COMMUNITY CU
  • First Mortgage Transaction Date: Jun 22, 2017
  • First Mortgage Loan Amount: $199,784
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jul 01, 2047
  • Second Mortgage Lender: COLLINS COMMUNITY CU
  • Second Mortgage Transaction Date: Jun 22, 2017
  • Second Mortgage Loan Amount: $49,946
  • Second Mortgage Terms: 120
  • Second Mortgage Loan Type: 2nd Mortgage made to cover Down Payment
  • Second Mortgage Loan Due Date: Jul 01, 2027

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: COLLINS COMMUNITY CREDIT UNION
  • Previous Mortgage Transaction Date: Feb 19, 1999
  • Previous Mortgage Loan Amount: $110,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Mar 01, 2029

About Linn



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Frequently Asked Questions

What neighborhood is 4601 Sherry Lane located in?
The 4601 Sherry Lane is a located in the neighborhood of Linn in Linn, Marion.
What is the average sales price for listings in 4601 Sherry Lane?
The average sales price for units in 4601 Sherry Lane is $0 currently.

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