NOT LISTED FOR SALE

1025 38th St SE Cedar Rapids, IA 52403

Estimated Value: $154,000 - $174,000

3 Beds
2 Baths
1,304 Sq Ft
$128/Sq Ft Est. Value

Last Sold March 20, 2023

Last sale price $156,000 $120 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,119/month

3 Days on Market

Highlights

  • Recreation Room
  • 1 Car Detached Garage
  • Forced Air Cooling System
  • Ranch Style House
  • Eat-In Kitchen
  • Patio

About This Home

As of March 2023

Hard to find ranch style property that is move in ready! Property is truly a 3 bedroom home, however, the seller is using the 3rd bedroom as a formal dining room. As the property presents, it shows as a 2 bedroom. GUESS WHAT! You also get a $1,500 credit at time of closing (with an acceptable offer) to remodel the bathroom to fit your own style. The shower surround is brand new from Bath Fitters. The kitchen has tremendous cabinet space & display cubbies for your treasures. All appliances stay including the washer & dryer. The lower level has a non-conforming bedroom, full bathroom, large rec room which features a separate area for the perfect office space! Enjoy the expansive side yards for fire pit and the large patio for setting up the BBQ and entertaining friends. The roof is 5 years old and the water heater is 2 years old. Erskine elementary is 3 blocks away and the grocery store is less than 6 blocks.

Last Listed By

Nicki Kramer

Pinnacle Realty LLC Listed on: 02/02/2023

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,574

Year Built

  • 1955

Lot Details

  • 7,405 Sq Ft Lot
  • Gentle Sloping Lot

Home Design

  • Ranch Style House
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • Family Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,574

Year Built

1955

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1700
  • Above Grade Finished Sq Ft: 864
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2574
  • List User Cell Phone: 319-981-2889
  • Low Lvl Fin Sq Ft: 440
  • Miscellaneous: Cable Ready, Patio
  • Net Tax: 2389
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97653
  • Ratio Close Price By Original Li: 0.97653
  • Ratio Current Price By Sq Ft: 180.56
  • Total Sq Ft: 1304
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Appliances Included: Disposal, Dryer, Garage Door Opener, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, Non Egress-Ll Room, Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Gentle Roll

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 1 Car, Detached
  • Garage Size: 1 car

Utilities

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

Schools

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

Lot Info

  • Lot Size: 7,280

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Mar 16, 2023
Sold by
Higgins Lin M
Bought by
Schirmer Nicholas John
Seller's Agent
Nicki Kramer
Pinnacle Realty LLC
Buyer's Agent
Lisa Vecerka
COLDWELL BANKER HEDGES
List Price
$159,750
Sold Price
$156,000
Premium/Discount to List
-$3,750
-2.35%
Total Days on Market
3
Views
77
Current Estimated Value
$166,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,890
Avg. Annual Appreciation
3.17%
Original Mortgage
$150,793
Outstanding Balance
$146,871
Interest Rate
6.09%
Mortgage Type
FHA
Estimated Equity
$20,019

Purchase Details

Listed on
Oct 14, 2016
Closed on
Dec 14, 2016
Sold by
Walker Joel and Walker Raeellen
Bought by
Brown Lin M
Seller's Agent
Chuck Webb
Keller Williams Legacy Group
Buyer's Agent
Amy Arrington
KW Advantage
List Price
$99,800
Sold Price
$96,900
Premium/Discount to List
-$2,900
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Original Mortgage
$91,853
Interest Rate
4.16%

Purchase Details

Listed on
Feb 6, 2014
Closed on
May 21, 2014
Sold by
Mulherin Shirley A and Soteco Karen Lee
Bought by
Walker Joel
Seller's Agent
Brooke Zrudsky
Pinnacle Realty LLC
Buyer's Agent
Renae Forsyth-Christy
SKOGMAN REALTY
List Price
$89,900
Sold Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.96%
Original Mortgage
$71,920
Interest Rate
4.5%
Mortgage Type
Closed End Mortgage

Range of Values:

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Average Value
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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
Schirmer Nicholas John $156,000 --
Brown Lin M -- Security First Title
Walker Joel $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schirmer Nicholas John $150,793
Previous Owner Brown Lin M $20,683
Previous Owner Brown Lin M $30,400
Previous Owner Brown Lin $91,853
Previous Owner Walker Joel $71,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2023 03/20/23 Sold $156,000 -2.3% $120 / Sq Ft
02/05/2023 02/05/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $159,750 +64.9% $123 / Sq Ft
12/16/2016 12/16/16 Sold $96,900 -2.9% $74 / Sq Ft
11/08/2016 11/08/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $99,800 +11.0% $77 / Sq Ft
05/23/2014 05/23/14 Sold $89,900 0.0% $69 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
02/06/2014 02/06/14 For Sale $89,900 -- $69 / 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 $2,324 $137,600 $28,400 $109,200
2022 $2,184 $119,100 $25,600 $93,500
2021 $2,194 $114,400 $25,600 $88,800
2020 $2,194 $108,000 $19,900 $88,100
2019 $2,048 $103,500 $19,900 $83,600
2018 $2,076 $103,500 $19,900 $83,600
2017 $2,044 $93,900 $19,900 $74,000
2016 $1,962 $92,300 $19,900 $72,400
2015 $1,962 $95,672 $19,874 $75,798
2014 $2,036 $95,672 $19,874 $75,798
2013 $1,736 $95,672 $19,874 $75,798
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2300691

Cedar Rapids Area Association of REALTORS®

APN: 14252-30001-00000