NOT LISTED FOR SALE

111 Rapids Ave SW Cedar Rapids, IA 52404

Southwest Area Neighborhood

Estimated Value: $182,000 - $189,000

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 $1,200/month

122 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Eat-In Kitchen
  • Junction City Elementary School Rated A
  • 3 Car Garage
  • 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

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
Current Estimated Value
$185,224

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
$43,230

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
$43,230

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
5.52%
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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 List to Sale Price per Sq Ft
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

    42 in this area

    820 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

Not Listed for Sale

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