NOT LISTED FOR SALE

1115 K Ave NW Cedar Rapids, IA 52405

Northwest Area Neighborhood

Estimated Value: $173,000 - $180,000

4 Beds
2 Baths
1,622 Sq Ft
$109/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $140,000 $86 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,194/month

36 Days on Market

Highlights

  • Deck
  • Double Oven
  • Laundry Room
  • Main Floor Primary Bedroom
  • Living Room
  • 4-minute walk to Cedar Rapids Parks & Rec Department

About This Home

As of November 2021

Welcome home to this beautiful home in Highland Park of NW Cedar Rapids! The main floor features a living room and 2 bedrooms featuring the original solid oak hardwood floors and art-deco coved ceilings. Upstairs you’ll find a spacious bedroom suite that can hold a king-sized bed complete with a walk-in closet. Many of the windows have been replaced. The lower level features waterproof flooring in the finished recreation room and bedroom. This full basement also includes a full bathroom and laundry room complete with washer and dryer that will remain with the home! The hidden sump pump with battery back-up also remains. Enjoy your morning coffee or an evening beverage relaxing on your large deck out back with a partially fenced in backyard. Conveniently located on a quiet street with plenty of parking. The oversized 2 car garage has a new garage door and opener, plus it’s close to schools and downtown. Orangeburg sewer line was replaced back in 2005! This home is just waiting for its new owners to move right in and call it home. Don’t miss out on this one!

Last Agent to Sell the Property

Jim Zachar

Realty87 Listed on: 09/30/2021

Realty87

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,826

Year Built

  • Built in 1951

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40 x 149
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement

Schools

  • Harrison Elementary School
  • Roosevelt Middle School
  • Jefferson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Sewer in Street
  • Internet Available
  • Cable TV Available

Additional Features

  • Deck
  • Property is near schools

Community Details

  • Highland Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14203-03004-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,826

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1622
  • Homebuilder: Unknown
  • Owner Name L F Mi: Bormet, Julee
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Wendy Smalley is Listing Agent: 319-360-2996, Email: Wendy@SoldByJZ.com
  • Year Built: 1951
  • Tax Year Report: 2020
  • Subdivision: Highland Park
  • Directions: On F Ave NW going East turn left on 13th St NW, turn right onto K Avenue NW.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to School
  • Basement Remarks: Poured Concrete, Sump Pump, Finished, Full
  • Fireplace Type Location: None
  • Interior R: Cable Available
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre, Level
  • Possession R: Immediate, At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Other
  • Remarks2: Welcome home to this beautiful home in Highland Park of NW Cedar Rapids! The main floor features a living room and 2 bedrooms featuring the original solid oak hardwood floors and art-deco coved ceilings. Upstairs you’ll find a spacious bedroom suite that can hold a king-sized bed complete with a walk-in closet. Many of the windows have been replaced. The lower level features waterproof flooring in the finished recreation room and bedroom. This full basement also includes a full bathroom and laundry room complete with washer and dryer that will remain with the home! The hidden sump pump with battery back-up also remains. Enjoy your morning coffee or an evening beverage relaxing on your large deck out back with a partially fenced in backyard. Conveniently located on a quiet street with plenty of parking. The oversized 2 car garage has a new garage door and opener, plus it’s close to schools and downtown. Orangeburg sewer line was replaced back in 2005! This home is just waiting for its new owners to move right in and call it home. Don’t miss out on this one!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Double Oven, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Lower: 1
  • Number Bedrooms Upper: 1
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1136
  • Total Full Baths: 2
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 486
  • Laundry Location: Laundry Room, Basement
  • Mstr Br Level: Main
  • Mstr Br Width: 11
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water, Sewer In Street
  • Heating Cooling: Gas, Central, Forced Air

Schools

  • Elementary School: Harrison
  • Middle School: Roosevelt
  • High School: Jefferson
  • High School: Jefferson
  • Jr Middle School: Roosevelt
  • Elementary School: Harrison

Lot Info

  • Acreage: 0.13
  • Geo Subdivision: IA
  • Lot Dimensions: 40 X 149
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 2578
  • Assessor Parcel Number: 14203-03004-00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Nov 9, 2021
Sold by
Bormet Julee M
Bought by
Perkins Gary and Perkins Tracy
Seller's Agent
Jim Zachar
Realty87
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%
Current Estimated Value
$175,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,022
Avg. Annual Appreciation
5.69%
Original Mortgage
$112,000
Interest Rate
2.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 10, 2005
Sold by
Lewis Jon M
Bought by
Bormet Julee M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,164
Interest Rate
6.07%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Perkins Gary $140,000 None Available
Bormet Julee M $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Premier Unlimited Properties L $100,000
Closed Perkins Gary $112,000
Previous Owner Bormet Julee M $34,000
Previous Owner Bormet Julee M $79,000
Previous Owner Bormet Julee $30,200
Previous Owner Bormet Julee M $21,164
Previous Owner Bormet Julee M $86,400
Previous Owner Bormet Julee M $86,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $140,000 -3.4% $86 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $145,000 -- $89 / Sq Ft
Source: Iowa City 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 $2,826 $154,100 $22,400 $131,700
2022 $2,478 $134,000 $22,400 $111,600
2021 $2,578 $119,600 $22,400 $97,200
2020 $2,578 $116,800 $20,400 $96,400
2019 $2,314 $107,400 $16,300 $91,100
2018 $1,980 $107,400 $16,300 $91,100
2017 $1,948 $98,000 $16,300 $81,700
2016 $1,945 $91,500 $16,300 $75,200
2015 $1,881 $88,387 $16,320 $72,067
2014 $1,696 $88,387 $16,320 $72,067
2013 $1,654 $88,387 $16,320 $72,067
Source: Public Records

Agents Affiliated with this Home

  • Jim Zachar

    Seller's Agent in 2021

    Jim Zachar

    Realty87

    (319) 389-0008

    2 in this area

    118 Total Sales

    Section Image

  • N

    Buyer's Agent in 2021

    Nonmember NONMEMBER

    NONMEMBER

See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202105353

Iowa City Area Association of REALTORS®

APN: 14203-03004-00000

Iowa Linn County Cedar Rapids 52405 Northwest Area

1115 K Ave NW, Cedar Rapids, IA

This home is located at 1115 K Ave NW, Cedar Rapids, IA 52405 since 30 September 2021 and is currently estimated at $176,459, approximately $108 per square foot. This property was built in 1951. 1115 K Ave NW is a home located in Linn County with nearby schools including Harrison Elementary School, Roosevelt Creative Corridor Business Academy, and Thomas Jefferson 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.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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