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542 Locust Drive

542 Locust Drive, North Liberty, IA 52317
House in Penn
Sold Jul 06, 2022
$275,000
$270,019 by Plains Commerce Bank
Mortgage Due Aug 01, 2062
Sold Jul 06, 2020
$220,000
$175,920 by Hills Bank And Trust Co
Mortgage Due Aug 01, 2050
542 Locust Drive in North Liberty, IA was first built in 2012 and is 12 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a prefab, modular style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 542 Locust Drive has 1,127 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 1,127 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 450 ft and the linear feet between the front and back of the lot is 2,050. In total, the area measurement of the land is 9,225 square feet.

Learn more about the property and building on this page. There is a patio. The home has a gable style roof made of asphalt. Water for the property is sourced from none system. We do not have data on where the property's water is sourced from. For those who need parking, there is a attached garage. The garage is 455 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 average. The exterior walls of the home are made of unknown. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 542 Locust Drive sold most recently in Jun 8, 2022 for a total of $275,000. If you work out the math, that's approximately a cost of $244.01 per sqft. Before that, the property was also sold for $220,000 in Jul 1, 2020. 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 $3,948 in taxes each year. 542 Locust Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $244,700. If we break it down further, the land itself was valued at $44,100. Improvements to the property, however, were assessed at a total of $200,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

Building Features

Exterior

Stone Exterior
Vinyl Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Prefab, Modular
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 1,127
  • Garage Type: Attached
  • Garage Square Area: 455
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 9,225
  • Lot Size Depth Feet: 2,050
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,127
  • Gross Building Area: 1,127
  • Building Area: 1,127
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,127
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: CEDAR SPRINGS - PART TEN
  • Land Acres: 0.212
  • Standard Land Use Code: Modular/pre-fabricated homes
  • Legal Description 1: CEDAR SPRINGS - PART TEN UNIT 304A OF LOT 304AS DESC IN SURVEY BK56 PG 364

Ownership

  • Current Owner : STEVENS APRIL L
  • Current Owner 2: STEVENS ISIAH
  • Previous Owner : ANNA LOVIG DEE
  • Owner Before Previous Owner: FISHBURN KARA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Iowa City Community School District
  • School Tax School District: IOWA CITY
  • Census Tract: 010307

Geography

  • Assessors Map Reference: PM 706356014
  • Parcel: 0706356014
  • Lot: 304
  • Meridian: SEC 06 TWN 80N RNG 06W
  • Municipality: NORTH LIBERTY
  • Latitude: 41.7596
  • Longitude: -91.5978

    Address

  • Full Address: 542 Locust Dr
  • Legal Unit: 304A
  • Address - House Number: 542
  • Address - Street Name: Locust
  • Address - Suffix Type: Dr
  • State: IA
  • City Name: North Liberty
  • Carrier Code: R202
  • 4-Digit Zip Code: 7804
  • Zip Code: 52317

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,948
  • Tax Rate Code Area: NLI

    Appraisal Valuation

  • Standard Deviation: 0.1592
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 283,817
  • High Value: 329,002
  • Low Value: 238,632

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $293,278
  • First Open Lien Mortgage Lender: PLAINS COMMERCE BANK
  • First Open Lien Mortgage Recording Date: Jul 06, 2022
  • First Open Lien Mortgage Loan Amount: $270,019
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2062
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Jan 17, 2024
  • Second Open Lien Mortgage Loan Amount: $23,259
  • Second Open Lien Mortgage Term: 342
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $244,700
  • Market Land Value: $44,100
  • Market Improvement Value: $200,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $244,700
  • Assessed Land Value: $44,100
  • Assessed Improvements Value: $200,600

    Sales

  • Current Sale Contract Date: Jun 08, 2022
  • Current Sale Recording Date: Jul 06, 2022
  • Current Sale Transaction ID: 11891722577
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 06, 2020
  • Previous Sale Contract Date: Jul 01, 2020
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLAINS COMMERCE BANK
  • First Mortgage Transaction Date: Jul 06, 2022
  • First Mortgage Loan Amount: $270,019
  • First Mortgage Terms: 480
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2062

    Previous Mortgages

  • Previous Mortgage Lender: HILLS BANK AND TRUST CO
  • Previous Mortgage Transaction Date: Jul 06, 2020
  • Previous Mortgage Loan Amount: $175,920
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2050

About Penn



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Frequently Asked Questions

What neighborhood is 542 Locust Drive located in?
The 542 Locust Drive is a house located in the neighborhood of Penn in Penn, North Liberty.
What is the average sales price for listings in 542 Locust Drive?
The average sales price for units in 542 Locust Drive is $0 currently.

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