NOT LISTED FOR SALE

111 Rapids Ave SW Cedar Rapids, IA 52404

Southwest Area Neighborhood

Estimated Value: $174,000 - $193,000

3 Beds
1 Bath
1,353 Sq Ft
$137/Sq Ft Est. Value

Last Sold December 28, 2012

Last sale price $92,500 $68 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,207/month

122 Days on Market

Highlights

  • Deck
  • 3 Car Garage
  • Forced Air Cooling System
  • Formal Dining Room
  • Eat-In Kitchen
  • 3-minute walk to Hayes Park

About This Home

As of December 2012

IF YOU'RE LOOKING FOR SQ. FOOTAGE, A GREAT YARD, HUGE GARAGE AND TONS OF UPGRADES, YOU'VE FOUND HOME!! THIS HOME OFFERS AN UPGRADED KITCHEN WITH NEWER APPLIANCES, OPEN DINING AREA, NICE SIZED MAIN FLOOR BEDROOMS AND A NEWLY FINISHED UPPER LEVEL MASTER SUITE WITH SITTING AREA AND MASSIVE CLOSET!! 24X24 DETACHED GARAGE, ATTACHED CARPORT AND A DEEP LOT MAKE THIS HOME THE COMPLETE PACKAGE!! LOCATED ON A QUIET STREET NEAR SHOPPING AND MAJOR ROADS!! PRICED FOR IMMEDIATE SALE!!

Last Agent to Sell the Property

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES Listed on: 08/02/2012

Last Buyer's Agent

Jeremy Trenkamp

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,885

Year Built

  • 1948

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,353 Sq Ft Home
  • 1.5-Story Property
  • 1.75 Story Property
  • Family Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • 1 Full Bathroom

Parking

  • 3 Car Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Deck
  • Lot Dimensions are 55 x 142

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,885

Year Built

1948

Lot Details

0

Listing Details

  • Style: 1.5 Story, 1.75 Story
  • Above Grade Finished Sq Ft: 1353
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 1885
  • List User Cell Phone: 319-981-3702
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 1770
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.80435
  • Ratio Close Price By Original Li: 0.75510
  • Ratio Current Price By Sq Ft: 68.37
  • Total Sq Ft: 1353
  • Tax Roll Number: 143423001500000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Appliances Included: Dishwasher, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Family
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 1
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum, Steel

Garage/Parking

  • Garage/Parking: 2 Cars, 3 Cars, Attached, Detached

Utilities

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

Schools

  • Elementary School: Wilson
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: 55 X 142

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2025
Sold by
Pg Home Buyers Llc
Bought by
Gloede Properties Llc
Total Days on Market
122
Current Estimated Value
$185,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Outstanding Balance
$141,994
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$43,282

Purchase Details

Closed on
May 8, 2025
Sold by
Asmussen Larry W
Bought by
Pg Home Buyers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Outstanding Balance
$141,994
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$43,282

Purchase Details

Listed on
Aug 2, 2012
Closed on
Dec 27, 2012
Sold by
Peek Richard E and Peek Marcia L
Bought by
Asmussen Larry W
Seller's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Jeremy Trenkamp
Realty87
List Price
$122,500
Sold Price
$92,500
Premium/Discount to List
-$30,000
-24.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$83,250
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2005
Sold by
Volesky Michelle M
Bought by
Peek Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
6.36%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Gloede Properties Llc $160,000 None Listed On Document
Pg Home Buyers Llc $120,000 None Listed On Document
Pg Home Buyers Llc $120,000 None Listed On Document
Asmussen Larry W $92,500 None Available
Peek Richard E $95,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gloede Properties Llc $142,500
Previous Owner Asmussen Larry W $83,250
Previous Owner Peek Richard E $76,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2012 12/28/12 Sold $92,500 -24.5% $68 / Sq Ft
12/02/2012 12/02/12 Pending -- -- --
08/02/2012 08/02/12 For Sale $122,500 -- $91 / 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 $2,702 $197,800 $37,100 $160,700
2024 $3,050 $177,500 $30,300 $147,200
2023 $3,050 $171,800 $27,500 $144,300
2022 $2,590 $156,900 $27,500 $129,400
2021 $2,652 $137,400 $27,500 $109,900
2020 $2,652 $132,100 $27,500 $104,600
2019 $2,316 $119,200 $23,400 $95,800
2018 $2,246 $119,200 $23,400 $95,800
2017 $2,324 $118,500 $23,400 $95,100
2016 $2,105 $102,400 $19,900 $82,500
2015 $2,071 $100,619 $19,869 $80,750
2014 $1,886 $103,116 $19,869 $83,247
2013 $1,890 $103,116 $19,869 $83,247
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2012

    Graf Home Selling Team

    GRAF HOME SELLING TEAM & ASSOCIATES

  • Jeremy Trenkamp

    Buyer's Agent in 2012

    Jeremy Trenkamp

    Realty87

    (319) 270-1323

    20 in this area

    828 Total Sales

    Jeremy Trenkamp
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1205777

Cedar Rapids Area Association of REALTORS®

APN: 14342-30015-00000

Iowa Linn County Cedar Rapids 52404 Southwest Area

111 Rapids Ave SW, Cedar Rapids, IA

This home is located at 111 Rapids Ave SW, Cedar Rapids, IA 52404 since 02 August 2012 and is currently estimated at $185,276, approximately $136 per square foot. This property was built in 1948. 111 Rapids Ave SW is a home located in Linn County with nearby schools including Wilson Middle School, Thomas Jefferson High School, and Tanager Place 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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