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Sold for $333,000
  • $333,000

    305 Sumac Dr, Palo, IA 52324

    4beds
    2,217sqft
    Single Family Residence
    Built in 2023
    0.25 Acres Lot
    $344,500 Zestimate®
    $150/sqft
    $2,866 Estimated rent

    Home value

    $344,500

    $320,000 - $372,000

    $2,866/mo

    Zestimate® history
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    What's special

    Cozy fireplaceSpacious finished lower levelModern lightingOpen-concept layoutOversized family roomWalk-in closetSplit-bedroom design
    Why wait on new construction when you can move right into this upgraded, like-new home in Palo? Welcome to 305 Sumac Drive—a beautifully finished ranch offering space, style, and serious value! With 4 bedrooms, 3 full bathrooms, nearly 2,200 sq ft of living space, and a 3-car garage, this home delivers more for your money. Step into a warm and inviting open-concept layout featuring modern lighting, upgraded ceiling fans, and a cozy fireplace that anchors the main living area. The kitchen shines with quartz countertops, a large island perfect for entertaining, a walk-in pantry, and upgraded cabinetry. The split-bedroom design offers privacy, placing the primary suite—complete with a walk-in closet and ensuite with dual vanities and walk-in shower—on its own side of the home. Downstairs, a spacious finished lower level provides an oversized family room, fourth bedroom, full bath, and tons of storage. The main-level laundry room includes custom cabinetry, and outside, enjoy summer evenings on the deck with steps to the yard—ready for play, pets, or relaxing. All of this comes with smart home tech through America’s Smart Home™ system, including smart locks, thermostat, lighting, video doorbell, and garage control. Located just minutes from Cedar Rapids with quick access to Blairs Ferry Road and Hwy 100, this home also puts you near local favorites like Whiskey River and the new Dollar General. Located in the desirable school zones for Kennedy High School and Viola Gibson Elementary, adding even more appeal. **Now priced to sell**, this move-in ready home has already been upgraded so you don’t have to lift a finger. Schedule your showing today and discover why 305 Sumac Drive is one of the best values in the area!

    Zillow last checked:

    Listing updated:

    Listed by:

    JJ Johannes 319-540-1002,

    Epique Realty

    Bought with:

    Jaime Hymer

    Pinnacle Realty LLC

    Source: CRAAR, CDRMLS,MLS#: 2505905MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Family Room, Great Room, Laundry, Recreation
    Other
    • Level: First
    Heating
    • Forced Air, Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
    • Laundry: Main Level
    Features
    • Kitchen/Dining Combo, Bath in Primary Bedroom, Main Level Primary, See Remarks
    • Basement: Full,Concrete
    • Has fireplace: Yes
    • Fireplace features: Electric, Insert, Great Room
    Interior area
    • Total interior livable area: 2,217 sqft
    • Finished area above ground: 1,517
    • Finished area below ground: 700

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Garage, Garage Door Opener
    • Attached garage spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Patio
    Lot
    • Size: 0.25 Acres
    • Dimensions: 70 x 156
    Details
    • Parcel number: 122018000500000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Frame, Stone, Vinyl Siding
    • Foundation: Poured
    Condition
    • New construction: No
    • Year built: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected

    Community & HOA

    Community
    • Security: Security System
    HOA
    • Has HOA: Yes
    • HOA fee: $150 annually
    Location
    • Region: Palo

    Financial & listing details

    • Price per square foot: $150/sqft
    • Tax assessed value: $315,600
    • Annual tax amount: $42
    • Date on market: 7/3/2025
    • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan

    Price history

    DateEventPrice
    10/24/2025Sold$333,000-2.1%$150/sqft
    Source: CRAAR, CDRMLS #2505905 Report a problem
    8/26/2025Pending sale$339,990$153/sqft
    Source: CRAAR, CDRMLS #2505905 Report a problem
    7/31/2025Price change$339,990-2.2%$153/sqft
    Source: CRAAR, CDRMLS #2505905 Report a problem
    7/3/2025Listed for sale$347,500-0.7%$157/sqft
    Source: CRAAR, CDRMLS #2505905 Report a problem
    5/18/2025Listing removed$350,000$158/sqft
    Source: CRAAR, CDRMLS #2502461 Report a problem
    4/22/2025Price change$350,000-2.8%$158/sqft
    Source: CRAAR, CDRMLS #2502461 Report a problem
    4/9/2025Listed for sale$359,900+12.5%$162/sqft
    Source: CRAAR, CDRMLS #2502461 Report a problem
    12/20/2023Sold$320,000-1.5%$144/sqft
    Source: CRAAR, CDRMLS #2303838 Report a problem
    10/24/2023Pending sale$324,990$147/sqft
    Source: CRAAR, CDRMLS #2303838 Report a problem
    9/12/2023Price change$324,990-1.5%$147/sqft
    Source: CRAAR, CDRMLS #2303838 Report a problem
    9/6/2023Price change$329,990-2.9%$149/sqft
    Source: Iowa City Area AOR #202303198 Report a problem
    8/26/2023Price change$339,990+1.2%$153/sqft
    Source: Iowa City Area AOR #202303198 Report a problem
    8/3/2023Price change$335,990-1.2%$152/sqft
    Source: CRAAR, CDRMLS #2303838 Report a problem
    7/25/2023Price change$339,990-2.6%$153/sqft
    Source: Iowa City Area AOR #202303198 Report a problem
    6/13/2023Listed for sale$348,990$157/sqft
    Source: DR Horton Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,672 +11023.8%$315,600 -0.3%
    2024$42 +110%$316,500 +11203.6%
    2023$20 $2,800
    Find assessor info on the county website

    Neighborhood: 52324

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Viola Gibson
    • Middle: Harding
    • High: Kennedy

    Source: CRAAR, CDRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $344,500
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    $351,390