$28,551
SOLD MAR 16, 2016

1120 C Ave NW Cedar Rapids, IA 52405

Northwest Area Neighborhood
3 Beds
1 Bath
1,192 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$24 Per Sq Ft

13% Below List Price

18 Days on Market

Highlights

  • Formal Dining Room
  • Property is near schools
  • Central Air
  • Living Room

About This Home

As of March 2016

3 Bedroom home with lots of possibilities. Per assessor: furnace and CA replaced in 2008. Deep lot, 1 car garage, full basement. Easy access to Interstate, schools, shopping and employment. This property is now under auction terms. Pre-sale offers should be submitted through www.hudsonandmarshall.com. This property is subject to a 5% (with a minimum of $1500) buyer's premium pursuant to the Auction Terms & Conditions.

Last Agent to Sell the Property

Judi Mccoy

Iowa Realty, Inc. - CR Listed on: 01/09/2016

Iowa Realty, Inc. - CR

Last Buyer's Agent

Judi Mccoy

Iowa Realty, Inc. - CR Listed on: 01/09/2016

Iowa Realty, Inc. - CR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,762

Year Built

  • Built in 1919

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40x141

Parking

  • 1 Parking Space

Home Design

  • Frame Construction

Interior Spaces

  • 1,192 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 1 Full Bathroom

Basement

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

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Elm Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 142920101200000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,762

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1192
  • Owner Name L F Mi: Fannie Mae
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Please contact the listing agent for commission and details, as commissions may change between the pre-sale and auction periods. This is a reserve auction and all offers are subject to seller approval. Please contact listing agent for details. Buyer is required to make an earnest deposit of $2500. Commission paid at escrow on this property is 1% of the high bid, with a $400 minimum to the cooperating broker. There is not a set minimum or starting bid on this property. Must have appointment. Call days M-F (319)378-6602 or jmccoy@jmccoyrealestate.net. Night/Weekends (319)431-1020.
  • Year Built: 1919
  • Tax Year Report: 2014
  • Subdivision: Elm Park
  • Directions: W. on E Ave, Left on 11th St.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Close to Shopping, Close to School
  • Basement Remarks: Full
  • Fireplace Type Location: None
  • Interior R: Other
  • Kitchen Breakfast R: Other
  • Lot Description R: Less than .5 Acre
  • Possession R: 30-60 Days
  • Possible Finance R: Cash
  • Stories Style R: 2 Story
  • Remarks2: 3 Bedroom home with lots of possibilities. Per assessor: furnace and CA replaced in 2008. Deep lot, 1 car garage, full basement. Easy access to Interstate, schools, shopping and employment. This property is now under auction terms. Pre-sale offers should be submitted through www.hudsonandmarshall.com. This property is subject to a 5% (with a minimum of $1500) buyer's premium pursuant to the Auction Terms & Conditions.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: None
  • Number Bedrooms Upper: 3
  • Sq Ft Above: 1192
  • Total Full Baths: 1
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Basement, Other
  • Mstr Br Level: Upper

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Other

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Gas, Central

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: 40x141
  • Zoning: residential

Tax Info

  • Gross Tax County City: 1870
  • Assessor Parcel Number: 142920101200000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2016
Closed on
Mar 15, 2016
Sold by
Fannie Mae
Bought by
Elite Leasing Llc
Seller's Agent
Judi Mccoy
Iowa Realty, Inc. - CR
Buyer's Agent
Judi Mccoy
Iowa Realty, Inc. - CR
List Price
$32,900
Sold Price
$28,551
Premium/Discount to List
-$4,349
-13.22%
Current Estimated Value
$112,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,234
Avg. Annual Appreciation
16.08%
Original Mortgage
$50,000
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 28, 2015
Sold by
Watts Theron and Watts Debra
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 10, 2007
Sold by
Wells Fargo Bank Na
Bought by
Sanders Debra and Watts Theron J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2006
Sold by
Osborn Daniel
Bought by
Wells Fargo Bank Na and Certificateholders Park Place Securities

Purchase Details

Closed on
May 20, 2005
Sold by
Ritscher Joyce
Bought by
Osborn Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,700
Interest Rate
9.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 1, 2005
Sold by
Lambach Alyce
Bought by
Ritscher Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,700
Interest Rate
9.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 3, 2003
Sold by
Ritscher Joyce A
Bought by
Lambach Alyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
9.5%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Dec 1, 1999
Sold by
Dunker Elaine D
Bought by
Ritscher Joyce

Purchase Details

Closed on
Nov 24, 1999
Sold by
Abraham Donna B
Bought by
Ritscher Joyce
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
Special Warranty Deed $28,551 Chicago Title
Sheriffs Deed $49,500 None Available
Special Warranty Deed $44,500 Title Services Corporation
Sheriffs Deed $100,277 None Available
Warranty Deed $94,500 --
Quit Claim Deed $75,000 --
Contract Of Sale $75,500 --
Warranty Deed $52,500 --
Legal Action Court Order -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $50,000 Future Advance Clause Open End Mortgage
Closed $50,000 Future Advance Clause Open End Mortgage
Previous Owner $45,000 Purchase Money Mortgage
Previous Owner $83,700 Fannie Mae Freddie Mac
Previous Owner $74,000 Land Contract Argmt. Of Sale
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2016 03/16/16 Sold $28,551 0.0% $24 / Sq Ft
03/16/2016 03/16/16 Sold $28,551 -13.2% $24 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
01/27/2016 01/27/16 Pending -- -- --
01/09/2016 01/09/16 For Sale $32,900 -9.9% $28 / Sq Ft
10/22/2015 10/22/15 For Sale $36,500 -- $31 / 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 $1,762 $89,100 $22,000 $67,100
2022 $1,648 $83,500 $22,000 $61,500
2021 $1,790 $79,600 $22,000 $57,600
2020 $1,790 $81,100 $20,000 $61,100
2019 $2,197 $76,600 $16,000 $60,600
2018 $1,546 $76,600 $16,000 $60,600
2017 $1,546 $70,700 $16,000 $54,700
2016 $1,502 $70,700 $16,000 $54,700
2015 $1,502 $80,942 $16,000 $64,942
2014 $1,161 $80,942 $16,000 $64,942
2013 $1,428 $80,942 $16,000 $64,942
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Judi Mccoy

    Iowa Realty, Inc. - CR

    Section Image

  • D

    Buyer's Agent in 2016

    Donald Fieldhouse

    Cedar Rapids Area Association of REALTORS

    (239) 774-6598

    16 in this area

    4,902 Total Sales

    Donald Fieldhouse
    Section Image
See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20160353

Iowa City Area Association of REALTORS®

APN: 14292-01012-00000

Iowa Linn County Cedar Rapids 52405 Northwest Area

1120 C Ave NW, Cedar Rapids, IA

This home is located at 1120 C Ave NW, Cedar Rapids, IA 52405 and is currently priced at $28,551, approximately $23 per square foot. This property was built in 1919. 1120 C 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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