NOT LISTED FOR SALE

Estimated Value: $79,000 - $120,000

2 Beds
1 Bath
624 Sq Ft
$148/Sq Ft Est. Value

Last Sold April 16, 2018

Last sale price $25,000 $40 Per Sq Ft

Est. 270% increase in value since last sale

Current estimated payment $622/month

46 Days on Market

About This Home

As of April 2018

*INVESTOR ALERT* Bring your hammer. Needs work but has potential for rent cashflow or flip. Motivated to sell.

Last Agent to Sell the Property

Tres Neil

REVOLUTION REALTY TEAM Listed on: 09/16/2017

Last Buyer's Agent

Adam Stradt

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Year Built

  • 1952

Lot Details

  • Lot Dimensions are 40 x 180

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • 624 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Year Built

1952

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 624
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Gross Tax: 1184
  • List User Cell Phone: 319-350-4549
  • Net Tax: 1184
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.45455
  • Ratio Close Price By Original Li: 0.45455
  • Ratio Current Price By Sq Ft: 40.06
  • Total Sq Ft: 624
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Appliances Included: Refrigerator, Water Heater – Gas
  • Basement: Crawl
  • Full Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car
  • Garage Size: 432

Utilities

  • Heating Cooling: Gas Heat

Schools

  • Elementary School: Kenwood
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: 40 X 180

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2017
Closed on
Apr 12, 2018
Sold by
Kreb Uriah A
Bought by
Gutschmidt Properties Inc
Seller's Agent
Tres Neil
REVOLUTION REALTY TEAM
Buyer's Agent
Adam Stradt
RE/MAX CONCEPTS
List Price
$55,000
Sold Price
$25,000
Premium/Discount to List
-$30,000
-54.55%
Current Estimated Value
$92,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,622
Avg. Annual Appreciation
19.33%
Original Mortgage
$64,400
Outstanding Balance
$52,138
Interest Rate
4.44%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$40,484

Purchase Details

Closed on
Jan 13, 2018
Sold by
Pettigrew Brent and Pettigrew Jennifer L
Bought by
Kreb Uriah A

Purchase Details

Closed on
Feb 1, 2006
Sold by
Colbert Jannette S
Bought by
Kreb Uriah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,910
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 7, 2000
Sold by
Lipcamon John David
Bought by
Colbert Jannett S
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
Gutschmidt Properties Inc $25,000 None Available
Kreb Uriah A -- None Available
Kreb Uriah A $44,500 All American Escrow & Title
Colbert Jannett S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutschmidt Properties Inc $64,400
Closed Gutschmidt Properties Inc $64,400
Previous Owner Kreb Uriah A $53,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2018 04/16/18 Sold $25,000 -54.5% $40 / Sq Ft
11/01/2017 11/01/17 Pending -- -- --
09/16/2017 09/16/17 For Sale $55,000 -- $88 / 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
2024 $1,468 $83,600 $20,500 $63,100
2023 $1,468 $77,500 $19,400 $58,100
2022 $1,330 $69,600 $19,400 $50,200
2021 $1,320 $64,200 $18,400 $45,800
2020 $1,320 $59,800 $14,000 $45,800
2019 $1,240 $57,500 $14,000 $43,500
2018 $1,168 $57,500 $14,000 $43,500
2017 $1,184 $55,700 $14,000 $41,700
2016 $1,184 $55,700 $14,000 $41,700
2015 $1,164 $54,711 $12,960 $41,751
2014 $1,164 $54,711 $12,960 $41,751
2013 $1,140 $54,711 $12,960 $41,751
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1708619

Cedar Rapids Area Association of REALTORS®

APN: 14103-05022-00000