NOT LISTED FOR SALE

1060 12th St NE Cedar Rapids, IA 52402

Estimated Value: $74,000 - $121,000

2 Beds
1 Bath
922 Sq Ft
$106/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $50,000 $54 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $552/month

39 Days on Market

About This Home

As of December 2019

You'll be surprised at how much space this home has! Large living room. Both Bedrooms are spacious and there's a possible 3rd or bonus room for whatever you may need. Dining area can fit a good sized table. It's really just a cute little buttoned up home just waiting for you to make it your own. Owner has had it for about 30 years. Clean and ready to move in. This would be great house for an investor. Previously rented for $800 per month and rental inspection is good until August 2022. Down Sizing? Definitely come take a look! Possibly a first timer. It's great space for the price! Centrally located. Close to the trails, Interstate, park.

Last Listed By

Michelle David

Pinnacle Realty LLC Listed on: 10/14/2019

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • 1951

Home Design

  • 922 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Frame Construction

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Additional Features

  • Range
  • Lot Dimensions are 40 x 140

Home Details

Home Type

Single Family

Year Built

1951

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 922
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Gross Tax: 1390
  • List User Cell Phone: 319-533-0021
  • Net Tax: 1390
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.83333
  • Ratio Current Price By Sq Ft: 54.23
  • Total Sq Ft: 922
  • Taxable Value Tv: 65000.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Appliances Included: Range, Refrigerator
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

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

Closed on
Jul 14, 2021
Sold by
Larimer Properties Llc
Bought by
Mecro Propertie Llc
Total Days on Market
39
Current Estimated Value
$97,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Outstanding Balance
$72,958
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$24,632

Purchase Details

Listed on
Oct 14, 2019
Closed on
Dec 30, 2019
Sold by
Bell Orval R and Bell Carel J
Bought by
Larimer Properties Llc
Seller's Agent
Michelle David
Pinnacle Realty LLC
Buyer's Agent
Tim Nash
SKOGMAN REALTY
List Price
$60,000
Sold Price
$50,000
Premium/Discount to List
-$10,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.24%
Original Mortgage
$40,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

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
Mecro Propertie Llc $45,500 None Available
Larimer Properties Llc $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mecro Properties Llc $81,600
Previous Owner Larimer Properties Llc $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2019 12/30/19 Sold $50,000 0.0% $54 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
11/14/2019 11/14/19 Price Changed $50,000 -9.1% $54 / Sq Ft
10/31/2019 10/31/19 Price Changed $55,000 -8.3% $60 / Sq Ft
10/14/2019 10/14/19 For Sale $60,000 -- $65 / 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 $134 $87,000 $18,000 $69,000
2022 $1,408 $75,700 $17,000 $58,700
2021 $1,460 $68,000 $14,000 $54,000
2020 $1,460 $66,200 $14,000 $52,200
2019 $1,390 $64,500 $14,000 $50,500
2018 $1,352 $64,500 $14,000 $50,500
2017 $1,234 $56,700 $14,000 $42,700
2016 $1,248 $58,700 $14,000 $44,700
2015 $1,208 $56,786 $14,000 $42,786
2014 $1,208 $59,704 $14,000 $45,704
2013 $1,244 $59,704 $14,000 $45,704
Source: Public Records

Agents Affiliated with this Home

  • Michelle David

    Seller's Agent in 2019

    Michelle David

    Pinnacle Realty LLC

    (319) 533-0021

    135 Total Sales

    Michelle David
    Section Image
  • Tim Nash

    Buyer's Agent in 2019

    Tim Nash

    SKOGMAN REALTY

    (319) 531-6324

    129 Total Sales

    Tim Nash
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1907620

Cedar Rapids Area Association of REALTORS®

APN: 14164-26003-00000

Iowa Linn County Cedar Rapids 52402

1060 12th St NE, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 1060 12th St NE, Cedar Rapids, IA 52402 since 14 October 2019 and is currently estimated at $97,529, approximately $105 per square foot. This property was built in 1951. 1060 12th St NE is a home located in Linn County with nearby schools including Garfield Elementary School, Franklin Middle School, and George Washington 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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