NOT LISTED FOR SALE

1025 3rd Ave SW Cedar Rapids, IA 52404

Taylor Neighborhood

Estimated Value: $144,000 - $180,000

4 Beds
1.5 Baths
1,828 Sq Ft
$90/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $72,000 $39 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $1,111/month

11 Days on Market

Highlights

  • Formal Dining Room
  • Eat-In Kitchen
  • 1-minute walk to Krebs Park
  • 2 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of April 2021

Investment property alert! Walk into instant equity with this classic 2 story. Conveniently located to both downtown and the interstate.

Last Agent to Sell the Property

Rachel Koth

Keller Williams Legacy Group Listed on: 03/05/2021

Keller Williams Legacy Group

Last Buyer's Agent

Taylor Bergen

Realty87

Home Details

Home Type

  • Single Family

Year Built

  • 1905

Lot Details

  • 9,278 Sq Ft Lot
  • Lot Dimensions are 56 x 166

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,828 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Year Built

1905

Lot Details

0

Listing Details

  • Style: Over 2 Stories
  • Acres: 0.2130
  • Above Grade Finished Sq Ft: 1828
  • Total Bathrooms: 1.10
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 2511
  • List User Cell Phone: 319-651-1963
  • Net Tax: 2511
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.82759
  • Ratio Close Price By Original Li: 0.82759
  • Ratio Current Price By Sq Ft: 39.39
  • Total Sq Ft: 1828
  • Taxable Value Tv: 119800.00
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1905

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 2: 4
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 2 Cars, Detached

Utilities

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

Schools

  • Elementary School: Taylor
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: 56 X 166

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 22, 2021
Sold by
First Federal Credit Union
Bought by
Local Dwellings Llc
Seller's Agent
Rachel Koth
Keller Williams Legacy Group
Buyer's Agent
Taylor Bergen
Realty87
List Price
$87,000
Sold Price
$72,000
Premium/Discount to List
-$15,000
-17.24%
Current Estimated Value
$163,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,796
Avg. Annual Appreciation
18.82%
Original Mortgage
$102,000
Outstanding Balance
$90,624
Interest Rate
3.05%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$61,280

Purchase Details

Closed on
Jul 31, 2019
Sold by
Lambert Nichole Joy and Lambert Travis
Bought by
Lambert Travis

Purchase Details

Closed on
Jun 22, 2018
Sold by
Novak Allan J and Novak Ashley D
Bought by
Lambert Travis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.5%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Nov 1, 2006
Sold by
Roberts John M and Roberts Gwen M
Bought by
Novak Allan J and Novak Ashley D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
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
Local Dwellings Llc $72,000 None Available
Lambert Travis -- None Available
Lambert Travis -- None Available
Novak Allan J $95,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Local Dwellings Llc $13,981
Open Local Dwellings Llc $102,000
Previous Owner Lambert Travis $105,000
Previous Owner Novak Ashley D $90,000
Previous Owner Novak Ashley $103,975
Previous Owner Novak Allan J $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $72,000 -17.2% $39 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $87,000 -- $48 / 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 $2,632 $146,900 $27,000 $119,900
2022 $2,570 $124,800 $22,900 $101,900
2021 $2,644 $124,100 $22,900 $101,200
2020 $2,644 $119,800 $21,600 $98,200
2019 $2,364 $109,700 $21,600 $88,100
2018 $2,300 $109,700 $21,600 $88,100
2017 $2,406 $110,500 $21,600 $88,900
2016 $2,388 $112,300 $21,600 $90,700
2015 $2,579 $121,212 $21,571 $99,641
2014 $2,394 $117,662 $21,168 $96,494
2013 $2,264 $117,662 $21,168 $96,494
Source: Public Records

Agents Affiliated with this Home

  • Rachel Koth

    Seller's Agent in 2021

    Rachel Koth

    Keller Williams Legacy Group

    (319) 651-1963

    5 in this area

    339 Total Sales

    Rachel Koth
    Section Image

  • T

    Buyer's Agent in 2021

    Taylor Bergen

    Realty87

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2101223

Cedar Rapids Area Association of REALTORS®

APN: 14294-28002-00000

Iowa Linn County Cedar Rapids 52404 Taylor

1025 3rd Ave SW, Cedar Rapids, IA

This home is located at 1025 3rd Ave SW, Cedar Rapids, IA 52404 since 05 March 2021 and is currently estimated at $163,796, approximately $89 per square foot. This property was built in 1905. 1025 3rd Ave SW is a home located in Linn County with nearby schools including Cedar River Academy at Taylor Elementary School, Wilson Middle School, and Thomas Jefferson 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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