$77,000
SOLD MAY 14, 2014
3 Beds
1 Bath
1,104 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$70 Per Sq Ft

8% Below List Price

80 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Bonus Room
  • Fenced Yard
  • Separate Formal Living Room
  • Formal Dining Room
  • Patio

About This Home

As of August 2018

Affordable 3 Bdrm Cottage located in quiet NE neighborhood. New carpet & laminate flooring. Recently updated main bathrm,& plumbing updated to PEX. Newer vinyl siding & windows. Dining Rm, Living Rm & Bonus rm perfect for playrm or office. House plants will love the abundance of natural light. Detached garage has 2 work benches & 4 extra parking spaces. All appliances. Private fenced backyard. Gorgeous Spring flowers & stately Sycamore in front yard. You will feel at home the minute you walk in the door!

Last Agent to Sell the Property

Terrence Sobotta

Iowa Realty Listed on: 01/22/2014

Co-Listed By

Nonmember NONMEMBER

NONMEMBER

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,172

Year Built

  • Built in 1916

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40 x 140
  • Fenced Yard
  • Level Lot
  • Garden

Parking

  • 1 Parking Space

Home Design

  • Frame Construction

Interior Spaces

  • 1,104 Sq Ft Home
  • Separate Formal Living Room
  • Formal Dining Room
  • Bonus Room
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Outdoor Features

  • Patio

Schools

  • Garfield Elementary School
  • Franklin Middle School
  • Washington High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 141532601400000

Community Details

Recreation

  • Park

Additional Features

  • City Of Cedar Rapids Subdivision
  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,172

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1104
  • Homebuilder: Unkown
  • Owner Name L F Mi: Gibson
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Assumable Mortgage. Home warranty included with an acceptable offer. Read Associated Docs for Mt Mercy College plans for new recreation area. Good rental potential! Be sure to check if you could be able to Participate in the Cedar Rapids First Time Home Buyer Program. That program provides a $5000 Forgivable Loan.
  • T Val: 77000
  • Year Built: 1916
  • Tax Year Report: 2013
  • Subdivision: City of Cedar Rapids
  • Directions: Center Point Rd to E Av NE to 17th Av NE
  • L O1 Dues Paid: y
  • Amenities: Park, Sidewalks, Street Lights
  • Basement Remarks: Block, Full
  • Fireplace Type Location: None
  • Kitchen Breakfast R: None
  • Lot Description R: Less than .5 Acre, Level, Private Backyard
  • Possession R: Negotiable, At Closing
  • Possible Finance R: 1031 Exchange, Assume, Cash, Conventional
  • Remarks2: Affordable 3 Bdrm Cottage located in quiet NE neighborhood. New carpet & laminate flooring. Recently updated main bathrm,& plumbing updated to PEX. Newer vinyl siding & windows. Dining Rm, Living Rm & Bonus rm perfect for playrm or office. House plants will love the abundance of natural light. Detached garage has 2 work benches & 4 extra parking spaces. All appliances. Private fenced backyard. Gorgeous Spring flowers & stately Sycamore in front yard. You will feel at home the minute you walk in the door!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Upper: 1
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1104
  • Total Full Baths: 1
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: No Laundry, Basement
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Fenced Yard, Garden Area, Patio

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Window/Wall Units, Electric, Gas, Central, Forced Air

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Garfield
  • Middle School: Franklin
  • High School: Washington
  • High School: Washington
  • Jr Middle School: Franklin
  • Elementary School: Garfield

Lot Info

  • Acreage: 0.12
  • Geo Subdivision: IA
  • Lot Dimensions: 40 x 140
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 1859
  • Assessor Parcel Number: 141532601400000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2018
Closed on
Aug 13, 2018
Sold by
Brown Adam and Brown Shana
Bought by
Waller Sidney
Seller's Agent
Jaclyn Neyens
Pinnacle Realty LLC
Buyer's Agent
Lisa Nolan
RE/MAX CONCEPTS
List Price
$94,000
Sold Price
$92,000
Premium/Discount to List
-$2,000
-2.13%
Current Estimated Value
$133,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,265
Avg. Annual Appreciation
5.72%
Original Mortgage
$89,240
Outstanding Balance
$78,300
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$56,778

Purchase Details

Listed on
Jan 22, 2014
Closed on
May 7, 2014
Sold by
Gibson Shannon L and Gibson Guy B
Bought by
Brown Adam
Seller's Agent
Terrence Sobotta
Iowa Realty
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$84,000
Sold Price
$77,000
Premium/Discount to List
-$7,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%
Original Mortgage
$78,655
Interest Rate
4.41%
Mortgage Type
VA

Purchase Details

Closed on
Jul 9, 2003
Sold by
Bascom Edward L and Bascom Pamela S
Bought by
Minor Shannon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,773
Interest Rate
5.36%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $92,000 None Available
Warranty Deed $77,000 None Available
Warranty Deed $82,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $89,240 New Conventional
Previous Owner $78,655 VA
Previous Owner $80,773 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2018 08/21/18 Sold $92,000 -2.1% $83 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
06/17/2018 06/17/18 For Sale $94,000 +22.1% $85 / Sq Ft
05/14/2014 05/14/14 Sold $77,000 -8.3% $70 / Sq Ft
04/12/2014 04/12/14 Pending -- -- --
01/22/2014 01/22/14 For Sale $84,000 -- $76 / Sq Ft
Source: Iowa City 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 $2,172 $120,100 $24,000 $96,100
2022 $1,960 $103,000 $24,000 $79,000
2021 $1,966 $94,600 $22,000 $72,600
2020 $1,966 $89,100 $17,000 $72,100
2019 $1,614 $86,700 $17,000 $69,700
2018 $1,564 $86,700 $17,000 $69,700
2017 $1,420 $77,000 $17,000 $60,000
2016 $1,625 $79,800 $17,000 $62,800
2015 $1,721 $84,221 $17,000 $67,221
2014 $1,536 $88,805 $17,000 $71,805
2013 $1,664 $88,805 $17,000 $71,805
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20140557

Iowa City Area Association of REALTORS®

APN: 14153-26014-00000