NOT LISTED FOR SALE

1108 38th St SE Cedar Rapids, IA 52403

Estimated Value: $161,000 - $174,000

3 Beds
2 Baths
1,364 Sq Ft
$122/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $156,000 $114 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,144/month

12 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Forced Air Cooling System

About This Home

As of August 2023

Updated Ranch Home in a quiet neighborhood conveniently located steps from Hy-Vee and Mt. Vernon Rd. The home boasts a nice large backyard, 3 bedrooms with a non conforming 4th in the basement as well as a full bath. The eat in kitchen, hardwood floors and a freshly painted and carpeted basement round off this offering. The laundry has the option to be place on the main level or the basement.

Last Agent to Sell the Property

Brian Hanna

SKOGMAN REALTY Listed on: 06/29/2023

SKOGMAN REALTY

Last Buyer's Agent

Donnie Johnson III

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,921

Year Built

  • 1956

Lot Details

  • 8,973 Sq Ft Lot

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Aluminum Siding

Kitchen

  • Eat-In Kitchen
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,921

Year Built

1956

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2060
  • Above Grade Finished Sq Ft: 864
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2921
  • List User Cell Phone: 319-777-1854
  • Low Lvl Fin Sq Ft: 500
  • Miscellaneous: Cable Ready
  • Net Tax: 2921
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98734
  • Ratio Close Price By Original Li: 0.95122
  • Ratio Current Price By Sq Ft: 180.56
  • Total Sq Ft: 1364
  • Taxable Value Tv: 139700.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Basement: Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 7

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Utilities

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

Schools

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

Lot Info

  • Lot Size: 8960

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Aug 28, 2023
Sold by
Chelsea Holding Company Llc
Bought by
Johnson Donnie C and Goodman Kylie R
Seller's Agent
Brian Hanna
SKOGMAN REALTY
Buyer's Agent
Donnie Johnson III
eXp Realty
List Price
$164,000
Sold Price
$156,000
Premium/Discount to List
-$8,000
-4.88%
Views
96
Current Estimated Value
$166,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,961
Avg. Annual Appreciation
1.75%
Original Mortgage
$7,800
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2020
Closed on
Mar 25, 2020
Sold by
Merfeld Cecillia Fern
Bought by
Chelsea Holding Company Llc
Seller's Agent
Karen Mathison
Realty87
Buyer's Agent
Brian Hanna
SKOGMAN REALTY
List Price
$114,900
Sold Price
$112,000
Premium/Discount to List
-$2,900
-2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%
Original Mortgage
$70,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 27, 2006
Sold by
Merfeld Donald J and Merfeld Cecilia Fern
Bought by
Merfeld Cecilia Fern
Source: Public Records

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
Johnson Donnie C $156,000 None Listed On Document
Chelsea Holding Company Llc $112,000 None Available
Merfeld Cecilia Fern -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Johnson Donnie C $7,800
Open Johnson Donnie C $153,174
Previous Owner Chelsea Holding Company Llc $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $156,000 -1.3% $114 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
07/09/2023 07/09/23 Price Changed $158,000 -3.7% $116 / Sq Ft
06/29/2023 06/29/23 For Sale $164,000 +46.4% $120 / Sq Ft
03/27/2020 03/27/20 Sold $112,000 -2.5% $82 / Sq Ft
03/05/2020 03/05/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $114,900 -- $84 / 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 $2,660 $139,700 $30,100 $109,600
2022 $2,508 $126,100 $27,100 $99,000
2021 $2,504 $121,100 $27,100 $94,000
2020 $2,504 $113,500 $21,100 $92,400
2019 $2,160 $108,700 $21,100 $87,600
2018 $1,998 $108,700 $21,100 $87,600
2017 $2,085 $99,800 $21,100 $78,700
2016 $2,085 $98,100 $21,100 $77,000
2015 $2,123 $99,746 $21,099 $78,647
2014 $1,938 $99,746 $21,099 $78,647
2013 $1,892 $99,746 $21,099 $78,647
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Brian Hanna

    SKOGMAN REALTY

    (319) 777-1854

    38 Total Sales

    Brian Hanna
    Section Image

  • D

    Buyer's Agent in 2023

    Donnie Johnson III

    eXp Realty

  • Karen Mathison

    Seller's Agent in 2020

    Karen Mathison

    Realty87

    (319) 573-8106

    148 Total Sales

    Karen Mathison
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2304239

Cedar Rapids Area Association of REALTORS®

APN: 14252-01019-00000

Iowa Linn County Cedar Rapids 52403

1108 38th St SE, Cedar Rapids, IA

This home is located at 1108 38th St SE, Cedar Rapids, IA 52403 since 29 June 2023 and is currently estimated at $166,961, approximately $122 per square foot. This property was built in 1956. 1108 38th St SE is a home located in Linn County with nearby schools including Erskine Elementary School, McKinley STEAM Academy, 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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