NOT LISTED FOR SALE

1008 38th St SE Cedar Rapids, IA 52403

Estimated Value: $115,000 - $149,000

2 Beds
1 Bath
864 Sq Ft
$159/Sq Ft Est. Value

Last Sold December 12, 2018

Last sale price $70,100 $81 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $944/month

36 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • Forced Air Cooling System

About This Home

As of December 2018

Investor Alert! Great Ranch home with a large amount of potential! The home has wood floors and a dry basement that could make a great family room or rec room!

Last Agent to Sell the Property

KATHY EIGHME

FUSION REALTORS Listed on: 09/26/2018

Last Buyer's Agent

Judi Mccoy

IOWA REALTY CORRIDOR

IOWA REALTY CORRIDOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,610

Year Built

  • 1954

Lot Details

  • 6,011 Sq Ft Lot
  • Lot Dimensions are 50 x 120

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • 864 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,610

Year Built

1954

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1380
  • Above Grade Finished Sq Ft: 864
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Gross Tax: 1610
  • List User Cell Phone: 319-231-6980
  • Net Tax: 1610
  • Other: Repo
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96159
  • Ratio Close Price By Original Li: 0.87735
  • Ratio Current Price By Sq Ft: 81.13
  • Total Sq Ft: 864
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 1 Car, Attached

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

  • Elementary School: Erskine
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 50 X 120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2018
Closed on
Dec 11, 2018
Sold by
Fannie Mae
Bought by
Turner Mitchell
Seller's Agent
KATHY EIGHME
FUSION REALTORS
Buyer's Agent
Judi Mccoy
IOWA REALTY CORRIDOR
List Price
$79,900
Sold Price
$70,100
Premium/Discount to List
-$9,800
-12.27%
Current Estimated Value
$137,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,060
Avg. Annual Appreciation
10.23%
Original Mortgage
$80,100
Outstanding Balance
$67,751
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$65,455

Purchase Details

Closed on
Apr 27, 2018
Sold by
Ditech Financial Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 4, 1999
Sold by
Miller Shirley A
Bought by
Schmidt David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,200
Interest Rate
7.04%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Turner Mitchell -- None Available
Federal National Mortgage Association -- None Available
Schmidt David $71,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Mitchell $80,100
Previous Owner Schmitt Christopher A $87,300
Previous Owner Schmitt Christopher Alan $75,800
Previous Owner Schmidt David $57,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2018 12/12/18 Sold $70,100 -3.8% $81 / Sq Ft
11/01/2018 11/01/18 Pending -- -- --
10/26/2018 10/26/18 Price Changed $72,900 -8.8% $84 / Sq Ft
09/26/2018 09/26/18 For Sale $79,900 -- $92 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $2,230 $115,500 $25,000 $90,500
2022 $2,102 $105,700 $22,500 $83,200
2021 $2,104 $101,500 $22,500 $79,000
2020 $2,104 $95,400 $17,500 $77,900
2019 $1,728 $80,200 $17,500 $62,700
2018 $1,610 $80,200 $17,500 $62,700
2017 $1,555 $74,400 $17,500 $56,900
2016 $1,555 $73,200 $17,500 $55,700
2015 $1,637 $76,950 $17,500 $59,450
2014 $1,452 $76,950 $17,500 $59,450
2013 $1,416 $76,950 $17,500 $59,450
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    KATHY EIGHME

    FUSION REALTORS

    Section Image

  • J

    Buyer's Agent in 2018

    Judi Mccoy

    IOWA REALTY CORRIDOR

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1806855

Cedar Rapids Area Association of REALTORS®

APN: 14252-02007-00000

Iowa Linn County Cedar Rapids 52403

1008 38th St SE, Cedar Rapids, IA

This home is located at 1008 38th St SE, Cedar Rapids, IA 52403 since 26 September 2018 and is currently estimated at $137,160, approximately $158 per square foot. This property was built in 1954. 1008 38th St SE is a home located in Linn County with nearby schools including Erskine Elementary School, McKinley STEAM Academy, and George Washington High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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