$173,000
SOLD JUL 10, 2020

1101 Memory Ln Cedar Rapids, IA 52403

3 Beds
1.5 Baths
1,407 Sq Ft
0.49 Acres

Recently Sold

$123 Per Sq Ft

8% Above List Price

15 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Cul-De-Sac
  • Wood Burning Stove
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of July 2020

Very nice ranch home located on the edge of town offering you a little bit of privacy on the 1/2 acre lot. It backs up to undeveloped land giving you an additional feeling of being in the country. Really nice space with over 1400 sq ft on the main level. Some nice updates that include a Hickory kitchen with granite counters and stainless appliances, updated windows, maintenance free exterior and more. The hardwood floors are in excellent shape and there is a first floor family room with a wood burning stove and a main floor laundry. This home shows very well so don't wait or it will be gone.

Last Agent to Sell the Property

Daniel Baty

Realty87 Listed on: 05/27/2020

Realty87

Last Buyer's Agent

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,381

Year Built

  • 1946

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 150 x 141
  • Cul-De-Sac
  • Fenced

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,407 Sq Ft Home
  • Wood Burning Stove
  • Free Standing Fireplace
  • Family Room with Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Short Sale

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,381

Year Built

1946

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.4900
  • Above Grade Finished Sq Ft: 1407
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar
  • Gross Tax: 1381
  • List User Cell Phone: 319-360-0178
  • Miscellaneous: Deck, Fencing, Patio, Storage Shed
  • Net Tax: 1256
  • Other: Short Sale
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.08193
  • Ratio Close Price By Original Li: 1.08193
  • Ratio Current Price By Sq Ft: 122.96
  • Total Sq Ft: 1407
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1946

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Electric
  • Additional Room: 1st Floor Family, 1st Floor Laundry
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Fireplace Features: Family Room, Free Standing, Wood Burning Stove
  • Level 1 Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Cul-De-Sac

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 2 Car

Utilities

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

Schools

  • Elementary School: Erskine
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 150 X 141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Jul 9, 2020
Sold by
Garcia Hidalgo Arlene S
Bought by
Louden Brett N
Seller's Agent
Daniel Baty
Realty87
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$159,900
Sold Price
$173,000
Premium/Discount to List
$13,100
8.19%
Current Estimated Value
$220,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,048
Avg. Annual Appreciation
4.76%
Original Mortgage
$17,300
Outstanding Balance
$9,769
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$208,764

Purchase Details

Listed on
Nov 3, 2018
Closed on
Dec 13, 2018
Sold by
Solomon Daniel Paul and Solomon Kerry Leanne
Bought by
Garcia Hidalgo Arlene S
Seller's Agent
Josie Ashmore
Fathom Realty
Buyer's Agent
Ali Fortin
Pinnacle Realty LLC
List Price
$155,000
Sold Price
$154,500
Premium/Discount to List
-$500
-0.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%
Original Mortgage
$154,500
Interest Rate
4.9%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $173,000 None Available
Warranty Deed $154,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $17,300 New Conventional
Open $155,700 New Conventional
Previous Owner $154,500 VA
Previous Owner $10,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $173,000 +8.2% $123 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $159,900 +3.5% $114 / Sq Ft
12/18/2018 12/18/18 Sold $154,500 -0.3% $110 / Sq Ft
11/09/2018 11/09/18 Pending -- -- --
11/03/2018 11/03/18 For Sale $155,000 -- $110 / 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 $1,668 $175,500 $15,400 $160,100
2022 $1,640 $118,200 $15,400 $102,800
2021 $1,640 $118,200 $15,400 $102,800
2020 $0 $114,600 $15,400 $99,200
2019 $1,256 $93,800 $15,400 $78,400
2018 $1,224 $93,800 $15,400 $78,400
2017 $1,230 $90,300 $15,400 $74,900
2016 $1,326 $90,300 $15,400 $74,900
2015 $1,332 $90,300 $15,400 $74,900
2014 $1,204 $90,300 $15,400 $74,900
2013 $1,178 $90,300 $15,400 $74,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2003883

Cedar Rapids Area Association of REALTORS®

APN: 15292-03001-00000