NOT LISTED FOR SALE

1055 Memorial Dr SE Cedar Rapids, IA 52403

Estimated Value: $278,000

5 Beds
2 Baths
2,160 Sq Ft
$129/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $246,900 $114 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,746/month

Highlights

  • Deck
  • Wood Flooring
  • Living Room
  • Ranch Style House
  • Attached Garage
  • 3-minute walk to Arrowhead Park

About This Home

As of May 2021

FSBO

Last Agent to Sell the Property

Unrepresented Seller

Unrepresented Seller Listed on: 04/17/2021

Last Buyer's Agent

Allison Mackin

Watts Group Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,828

Year Built

  • Built in 1954

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 129x125x311x311

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Wood Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Basement

  • Walk-Out Basement
  • Finished Basement Bathroom
  • Laundry in Basement

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 14262-01026-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,828

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2160
  • Homebuilder: unknown
  • Owner Name L F Mi: Facion
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Photo Code1: Assoc Take Photo
  • Possible Finance: Cash, Conventional
  • Stories Style: 1 Story, Ranch
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Equipment: Range/Oven, Refrigerator
  • Interior: Wood Floors
  • Number Bedrooms Lower: 2
  • Number Bedrooms Main: 3
  • Sq Ft Above: 1120
  • Total Full Baths: 2
  • Bedrooms: 5
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Basement: Bath Finished, Walkout
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 1040
  • Laundry Location: Basement
  • Mstr Br Level: Main
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Vinyl
  • Roof Type: Composition
  • Exterior: Deck

Garage/Parking

  • Parking: Attached, Garage

Utilities

  • Cooling: Central
  • Heating: Gas
  • Internet: Yes
  • Water Sewer: City Sewer, City Water

Condo/Co-op/Association

  • Amenities: Sidewalks

Lot Info

  • Acreage: 0.9
  • Geo Subdivision: IA
  • Lot Description: .5-1 Acre
  • Lot Dimensions: 129x125x311x311
  • Zoning: residential

Tax Info

  • Assessor Parcel Number: 14262-01026-00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2021
Closed on
May 25, 2021
Sold by
Facion Mark A and Facion Tammy S
Bought by
Hunter Stephen D and Hunter Sarah J
Seller's Agent
Unrepresented Seller
Unrepresented Seller
Buyer's Agent
Allison Mackin
Watts Group Realty
List Price
$246,900
Sold Price
$246,900
Current Estimated Value
$278,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,100
Original Mortgage
$222,210
Outstanding Balance
$201,183
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2020
Sold by
Mimms Holdings Llc
Bought by
Facion Mark A and Facion Tammy S

Purchase Details

Listed on
Nov 29, 2013
Closed on
Mar 28, 2014
Sold by
Tardy Daniel R
Bought by
Mimms Holdings Llc
Seller's Agent
Brooke Meyer
Realty87
Buyer's Agent
Brooke Meyer
Realty87
List Price
$114,000
Sold Price
$88,501
Premium/Discount to List
-$25,499
-22.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
4.24%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 29, 2013
Closed on
Mar 5, 2014
Sold by
The Secretary Of Hud
Bought by
Tardy Daniel R
Seller's Agent
Brooke Meyer
Realty87
Buyer's Agent
Brooke Meyer
Realty87
List Price
$114,000
Sold Price
$88,501
Premium/Discount to List
-$25,499
-22.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
4.24%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 7, 2013
Sold by
U S Bank Na
Bought by
Secretary Of Hud

Purchase Details

Closed on
Mar 26, 2013
Sold by
Ellwood Lisa M and Ellwood Jeffrey R
Bought by
Us Bank National Assn

Purchase Details

Closed on
Nov 30, 2005
Sold by
Chalupsky David A and Estate Of Paul A Chalupsky
Bought by
Ellwood Jeffrey R and Ellwood Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,022
Interest Rate
6.36%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hunter Stephen D $247,000 None Available
Facion Mark A $178,400 Oshea Scott M
Mimms Holdings Llc -- None Available
Tardy Daniel R -- None Available
Secretary Of Hud -- None Available
Us Bank National Assn $158,296 None Available
Ellwood Jeffrey R $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunter Stephen D $222,210
Previous Owner Tardy Daniel R $118,800
Previous Owner Ellwood Jeffrey R $126,022
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2021 07/06/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $246,900 0.0% $114 / Sq Ft
05/26/2021 05/26/21 Sold $246,900 +179.0% $114 / Sq Ft
03/07/2014 03/07/14 Sold $88,501 -22.4% $53 / Sq Ft View Prior Sale
01/22/2014 01/22/14 Pending -- -- --
11/29/2013 11/29/13 For Sale $114,000 -- $68 / Sq Ft
Source: Iowa City 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
2022 $3,828 $173,500 $49,800 $123,700
2021 $3,828 $173,500 $49,800 $123,700
2020 $3,828 $173,500 $49,800 $123,700
2019 $3,728 $163,200 $49,800 $113,400
2018 $3,436 $163,200 $49,800 $113,400
2017 $3,436 $137,300 $49,800 $87,500
2016 $2,918 $137,300 $49,800 $87,500
2015 $2,956 $138,914 $49,840 $89,074
2014 $2,956 $138,914 $49,840 $89,074
2013 $2,892 $138,914 $49,840 $89,074
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202104065

Iowa City Area Association of REALTORS®

APN: 14262-01014-00000