NOT LISTED FOR SALE

1016 29th St NE Cedar Rapids, IA 52402

Estimated Value: $181,000 - $202,000

5 Beds
2.5 Baths
2,152 Sq Ft
$88/Sq Ft Est. Value

Last Sold April 10, 2015

Last sale price $105,000 $49 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,218/month

80 Days on Market

Highlights

  • Recreation Room
  • Formal Dining Room
  • Forced Air Cooling System
  • Den
  • 2 Car Attached Garage
  • Living Room

About This Home

As of April 2015

Priced well under the assessed value. Excellent opportunity to earn quick equity. Four roomy bedrooms on the 2nd level, all with hardwood floors. Good-sized cedar closet in the 2nd floor hallway. Possible 5th conforming bedroom on main level, or use as an office. Large main level living room and dining area. Full bath up, half-bath on main level, and bath facilities in the basement laundry room. Large basement rec room with built-in bar and kitchenette. Wood-burning stove in the small enclosed porch.

Last Agent to Sell the Property

Gerry Wordehoff

BUCK CREEK REALTY Listed on: 12/26/2014

Last Buyer's Agent

Daniel Seda

Realty87

Realty87

Home Details

Home Type

  • Single Family

Year Built

  • 1958

Lot Details

  • 7,971 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Free Standing Fireplace
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Year Built

1958

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.1830
  • Above Grade Finished Sq Ft: 1590
  • Total Bathrooms: 2.10
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 3328
  • List User Cell Phone: 319-573-3561
  • Low Lvl Fin Sq Ft: 562
  • Miscellaneous: 3 Seasons
  • Net Tax: 3328
  • Other: Repo
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.87373
  • Ratio Close Price By Original Li: 0.83004
  • Ratio Current Price By Sq Ft: 66.04
  • Total Sq Ft: 2152
  • Taxable Value Tv: 134996.00
  • Tax Roll Number: 141038401700000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Appliances Included: Water Heater – Gas
  • Additional Room: Den/Study, Living Room, Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 4
  • Fireplace Features: Free Standing
  • Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 7

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 410

Utilities

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

Schools

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

Lot Info

  • Lot Size: 7980

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2014
Closed on
Apr 7, 2015
Sold by
Srof 2103 S3 Reo I Llc
Bought by
1208 Curtis Bridge Road Llc
Seller's Agent
Gerry Wordehoff
BUCK CREEK REALTY
Buyer's Agent
Daniel Seda
Realty87
List Price
$126,500
Sold Price
$105,000
Premium/Discount to List
-$21,500
-17%
Current Estimated Value
$190,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,038
Avg. Annual Appreciation
5.83%

Purchase Details

Closed on
Nov 11, 2014
Sold by
Sheriff Linn County
Bought by
Srof 2103 S3 Reo I Llc

Purchase Details

Closed on
Oct 28, 2014
Sold by
Montgomery Meggan E
Bought by
Srof 2013 S3 Reo I Llc

Purchase Details

Closed on
Mar 10, 2010
Sold by
Pohorsky Betty L
Bought by
Montgomery Meggan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,373
Interest Rate
5.01%
Mortgage Type
FHA
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
1208 Curtis Bridge Road Llc $105,000 None Available
Srof 2103 S3 Reo I Llc -- --
Srof 2013 S3 Reo I Llc $112,410 None Available
Montgomery Meggan E $144,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montgomery Meggan E $142,373
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2015 04/10/15 Sold $105,000 -17.0% $49 / Sq Ft
03/16/2015 03/16/15 Pending -- -- --
12/26/2014 12/26/14 For Sale $126,500 -- $59 / 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
2025 $2,520 $171,400 $33,300 $138,100
2024 $2,638 $142,400 $30,300 $112,100
2023 $2,638 $142,400 $30,300 $112,100
2022 $2,466 $125,100 $24,500 $100,600
2021 $2,604 $119,000 $23,200 $95,800
2020 $2,604 $118,000 $20,500 $97,500
2019 $2,346 $108,800 $20,500 $88,300
2018 $2,202 $108,800 $20,500 $88,300
2017 $2,078 $99,300 $20,500 $78,800
2016 $2,078 $97,800 $20,500 $77,300
2015 $2,872 $134,996 $21,816 $113,180
2014 $2,872 $139,569 $21,816 $117,753
2013 $2,906 $139,569 $21,816 $117,753
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1408221

Cedar Rapids Area Association of REALTORS®

APN: 14103-84017-00000