NOT LISTED FOR SALE

1027 12th St NE Cedar Rapids, IA 52402

Estimated Value: $76,000 - $80,395

2 Beds
1 Bath
540 Sq Ft
$145/Sq Ft Est. Value

Last Sold December 19, 2018

Last sale price $49,500 $92 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $478/month

123 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Cooling System
  • Living Room
  • 2 Car Detached Garage

About This Home

As of December 2018

Well cared for 2 bedroom bungalow. Newer furnace (5 yr), water heater (7 yr), windows & front door. Insulation blown in ceiling & sidewalls. 2 stall garage and storage shed. Fenced back yard.

Last Listed By

Bill Cubbage

KOPEL REALTORS and CONSULTANTS Listed on: 07/28/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,030

Year Built

  • 1900

Lot Details

  • Lot Dimensions are 40 x 140

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 540 Sq Ft Home
  • Living Room
  • Partial Basement
  • Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,030

Year Built

1900

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 540
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Gross Tax: 1030
  • List User Cell Phone: 319-350-1225
  • Net Tax: 1030
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.90164
  • Ratio Close Price By Original Li: 0.84615
  • Ratio Current Price By Sq Ft: 91.67
  • Total Sq Ft: 540
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Appliances Included: Dryer, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Living Room
  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 4

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached
  • Garage Size: 20X22

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 40 X 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2018
Closed on
Dec 14, 2018
Sold by
Vandeusen Jerry E and Vandeusen Van Deusen
Bought by
Zesch Ralph
Seller's Agent
Bill Cubbage
KOPEL REALTORS and CONSULTANTS
Buyer's Agent
Sarah Williams
Pinnacle Realty LLC
List Price
$58,500
Sold Price
$49,500
Premium/Discount to List
-$9,000
-15.38%
Total Days on Market
123
Current Estimated Value
$78,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,849
Original Mortgage
$37,125
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Zesch Ralph $49,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zesch Ralph L $40,000
Closed Zesch Ralph $37,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2018 12/19/18 Sold $49,500 -9.8% $92 / Sq Ft
11/28/2018 11/28/18 Pending -- -- --
11/14/2018 11/14/18 Price Changed $54,900 -6.2% $102 / Sq Ft
11/01/2018 11/01/18 For Sale $58,500 +18.2% $108 / Sq Ft
10/31/2018 10/31/18 Off Market $49,500 -- --
07/28/2018 07/28/18 For Sale $58,500 -- $108 / 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 $526 $68,300 $18,000 $50,300
2022 $852 $56,200 $17,000 $39,200
2021 $880 $50,100 $14,000 $36,100
2020 $880 $48,500 $14,000 $34,500
2019 $1,020 $47,300 $14,000 $33,300
2018 $992 $47,300 $14,000 $33,300
2017 $1,008 $45,900 $14,000 $31,900
2016 $1,008 $47,400 $14,000 $33,400
2015 $1,050 $49,331 $14,000 $35,331
2014 $1,050 $51,740 $14,000 $37,740
2013 $1,078 $51,740 $14,000 $37,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1805360

Cedar Rapids Area Association of REALTORS®

APN: 14164-29012-00000