NOT LISTED FOR SALE

1037 5th Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $91,000 - $123,000

2 Beds
1 Bath
1,144 Sq Ft
$97/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $75,000 $66 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $675/month

40 Days on Market

Highlights

  • Formal Dining Room
  • Forced Air Cooling System
  • Fenced
  • Eat-In Kitchen
  • Living Room

About This Home

As of March 2018

Would you love new construction with an 80k price tag? Or, are you an investor? Would you love to pick up a rental and all you need to do is introduce your new renter to the most adorable home on the market? This gem is walking distance from Mercy Hospital, St. Lukes, and PCI! Walking in one can appreciate the large living room that opens to a large formal dining space. The kitchen is large & includes an eat in breakfast nook! The lower level is large, clean and ready to finish if you would like, tall ceiling height would allow a great rec space. Upstairs are 2 very large bedrooms and a bath that is large enough to house a full sized washer and dryer if one wanted and still have room for a "make up/dressing area." Updates include: All new PEX water lines throughout, new windows, roof, mechanicals, appliances, cabinetry in kitchen/bath, all new flooring throughout and French drain around entire parameter of the home!

Last Agent to Sell the Property

Doris Ackerman

KW Advantage Listed on: 01/03/2018

KW Advantage

Last Buyer's Agent

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $782

Year Built

  • 1914

Lot Details

  • Lot Dimensions are 30 x 130
  • Fenced

Parking

  • On-Street Parking

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,144 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

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

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$782

Year Built

1914

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1144
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 782
  • List User Cell Phone: 319-361-2934
  • Miscellaneous: Cable Ready, Fencing
  • Net Tax: 782
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.93750
  • Ratio Close Price By Original Li: 0.93750
  • Ratio Current Price By Sq Ft: 65.56
  • Total Sq Ft: 1144
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1914

Interior Features

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

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: On Street Parking

Utilities

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

Lot Info

  • Lot Size: 30 X 130

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2018
Closed on
Mar 22, 2018
Sold by
Flipping Flippers Llc
Bought by
Barrett Andrew M
Seller's Agent
Doris Ackerman
KW Advantage
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$80,000
Sold Price
$75,000
Premium/Discount to List
-$5,000
-6.25%
Current Estimated Value
$110,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,563
Avg. Annual Appreciation
5.18%
Original Mortgage
$72,750
Outstanding Balance
$62,370
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$48,193

Purchase Details

Closed on
Mar 22, 2017
Sold by
Truemper Jeremy Joshua and Truemper Jeremy J
Bought by
Flipping Flippers Llc

Purchase Details

Closed on
Sep 16, 2016
Sold by
Bank Of New York Mellon
Bought by
Truemper Jeremy

Purchase Details

Closed on
Jan 12, 2016
Sold by
The Bank Of New York Melon Series 2004 U
Bought by
The Bank Of Neew York Melon Series 2004

Purchase Details

Closed on
Dec 17, 2004
Sold by
Leefers John A and Leefers Nancy A
Bought by
Bolton Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,900
Interest Rate
5.84%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barrett Andrew M $75,000 None Available
Flipping Flippers Llc -- None Available
Truemper Jeremy -- None Available
The Bank Of Neew York Melon Series 2004 -- None Available
Bolton Mark A $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrett Andrew M $72,750
Previous Owner Bolton Mark A $63,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $75,000 -6.3% $66 / Sq Ft
02/12/2018 02/12/18 Pending -- -- --
01/03/2018 01/03/18 For Sale $80,000 -- $70 / 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 $1,088 $102,800 $16,200 $86,600
2024 $1,212 $96,000 $16,200 $79,800
2023 $1,212 $72,000 $14,700 $57,300
2022 $1,188 $66,300 $11,800 $54,500
2021 $1,368 $66,300 $11,800 $54,500
2020 $1,368 $70,600 $11,800 $58,800
2019 $638 $38,100 $7,400 $30,700
2018 $798 $38,100 $7,400 $30,700
2017 $764 $35,900 $7,400 $28,500
2016 $764 $35,900 $7,400 $28,500
2015 $764 $36,540 $7,350 $29,190
2014 $884 $36,540 $7,350 $29,190
2013 $789 $36,540 $7,350 $29,190
Source: Public Records

Agents Affiliated with this Home

  • Doris Ackerman

    Seller's Agent in 2018

    Doris Ackerman

    KW Advantage

    (319) 361-2934

    11 in this area

    367 Total Sales

    Doris Ackerman
    Section Image

  • G

    Buyer's Agent in 2018

    Graf Home Selling Team

    GRAF HOME SELLING TEAM & ASSOCIATES

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1800061

Cedar Rapids Area Association of REALTORS®

APN: 14223-52024-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1037 5th Ave SE, Cedar Rapids, IA

Not Listed for Sale

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