$81,000
SOLD FEB 3, 2025

1123 12th St NE Cedar Rapids, IA 52402

4 Beds
1 Bath
1,324 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$61 Per Sq Ft

5% Below List Price

25 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Shed
  • Dining Room
  • Living Room
  • Central Air
  • Family Room Downstairs

About This Home

As of February 2025

Investor alert! With over 1300 finished square feet and 4 bedrooms, this home would make a great investment property or personal home with some sweat equity! This home features a new roof, new siding and a newer front porch and driveway. You will be welcomed by the spacious living room. Kitchen with all appliances included. The main level features 2 bedrooms and a full bathroom. Another 2 bedrooms upstairs. Basement with laundry area and plenty of storage space. Convenient location in the heart of Cedar Rapids. Property is being sold as-is.

Last Agent to Sell the Property

Debra Callahan

RE/MAX Concepts Listed on: 12/05/2024

RE/MAX Concepts

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,744

Year Built

  • Built in 1914

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 40x40

Home Design

  • Frame Construction

Interior Spaces

  • 1,324 Sq Ft Home
  • 2-Story Property
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Shed

Schools

  • Garfield Elementary School
  • Franklin Middle School
  • Washington High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Water Heater
  • Internet Available

Community Details

  • College Park 2Nd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-16-1-55-005-0-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,744

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1324
  • Homebuilder: .
  • Owner Name L F Mi: Jones
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Home and shed sold as-is. Water is shut off due to a pipe leaking in the basement - please leave water shut off. Cassie Shouse is the listing agent, contact Cassie for all questions and offers at 319-551-1565 or cassie@callcallahan.com.
  • Year Built: 1914
  • Tax Year Report: 2023
  • Subdivision: COLLEGE PARK 2ND
  • Directions: From Center Point Rd, west on J Avenue, north on 12th Street, to the home on the west side of the street.
  • L O1 Dues Paid: y
  • Amenities: None
  • Basement Remarks: Full
  • Fireplace Type Location: None
  • Interior R: Other
  • Kitchen Breakfast R: Other
  • Lot Description R: Less than .5 Acre
  • Possession R: Immediate
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: Investor alert! With over 1300 finished square feet and 4 bedrooms, this home would make a great investment property or personal home with some sweat equity! This home features a new roof, new siding and a newer front porch and driveway. You will be welcomed by the spacious living room. Kitchen with all appliances included. The main level features 2 bedrooms and a full bathroom. Another 2 bedrooms upstairs. Basement with laundry area and plenty of storage space. Convenient location in the heart of Cedar Rapids. Property is being sold as-is.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Number Bedrooms Upper: 2
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1324
  • Total Full Baths: 1
  • Bedrooms: 4
  • Total Bathrooms: 1
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Shed

Garage/Parking

  • Parking Spaces: None

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water, Water Heater
  • Heating Cooling: Gas, Central

Schools

  • Elementary School: Garfield
  • Middle School: Franklin
  • High School: Washington
  • High School: Washington
  • Jr Middle School: Franklin
  • Elementary School: Garfield

Lot Info

  • Acreage: 0.19
  • Geo Subdivision: IA
  • Lot Dimensions: 40X40
  • Zoning: R

Tax Info

  • Gross Tax County City: 1694
  • Assessor Parcel Number: 14-16-1-55-005-0-0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2024
Closed on
Jan 22, 2025
Sold by
Jones Christopher
Bought by
Jones Susan Christine
Seller's Agent
Debra Callahan
RE/MAX Concepts
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$85,000
Sold Price
$81,000
Premium/Discount to List
-$4,000
-4.71%
Views
107
Current Estimated Value
$91,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,467
Avg. Annual Appreciation
38.88%
Original Mortgage
$127,500
Outstanding Balance
$127,287
Interest Rate
6.91%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$35,820

Purchase Details

Listed on
Dec 5, 2024
Closed on
Jan 21, 2025
Sold by
Jones Susan Christine and Evens Andrea Elizabeth
Bought by
C & J Properties Llc
Seller's Agent
Debra Callahan
RE/MAX Concepts
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$85,000
Sold Price
$81,000
Premium/Discount to List
-$4,000
-4.71%
Views
107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Outstanding Balance
$127,287
Interest Rate
6.91%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$35,820

Purchase Details

Closed on
Oct 22, 2024
Sold by
Rozek Gary and Rozek Cathy Mae
Bought by
Jones Susan Christine

Purchase Details

Closed on
Oct 17, 2024
Sold by
Jones Karen
Bought by
Jones Susan Christine

Purchase Details

Closed on
Oct 15, 2024
Sold by
Jones John Dempsey and Jones Connie
Bought by
Jones Susan Christine

Purchase Details

Closed on
Oct 31, 2000
Sold by
P & D Investment Corp
Bought by
Evans David E and Evans Pamela J
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
Quit Claim Deed -- None Listed On Document
Warranty Deed $81,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $127,500 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2025 02/03/25 Sold $81,000 -4.7% $61 / Sq Ft
12/30/2024 12/30/24 Pending -- -- --
12/05/2024 12/05/24 For Sale $85,000 -- $64 / 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 $1,744 $106,200 $20,000 $86,200
2022 $1,520 $91,600 $18,900 $72,700
2021 $1,610 $82,300 $15,500 $66,800
2020 $1,610 $81,600 $15,500 $66,100
2019 $1,530 $79,500 $15,500 $64,000
2018 $1,484 $79,500 $15,500 $64,000
2017 $1,537 $69,800 $15,500 $54,300
2016 $1,537 $72,300 $15,500 $56,800
2015 $1,575 $74,035 $15,540 $58,495
2014 $695 $78,024 $15,540 $62,484
2013 $1,440 $78,024 $15,540 $62,484
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202406609

Iowa City Area Association of REALTORS®

APN: 14161-55005-00000