NOT LISTED FOR SALE

Estimated Value: $104,000 - $134,000

3 Beds
1 Bath
1,436 Sq Ft
$85/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $61,500 $43 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $860/month

100 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • 2 Car Detached Garage
  • Living Room
  • Formal Dining Room
  • Forced Air Cooling System
  • 1-minute walk to Krebs Park

About This Home

As of February 2021

This home is located at 1123 1st Ave SW, Cedar Rapids, IA 52405 since 19 October 2020 and is currently estimated at $122,426, approximately $85 per square foot. This property was built in 1924. 1123 1st Ave SW is a home located in Linn County with nearby schools including Cedar River Academy at Taylor Elementary School, Wilson Middle School, and Thomas Jefferson High School.

Last Agent to Sell the Property

Ryan Eighme

Pinnacle Realty LLC Listed on: 10/19/2020

Pinnacle Realty LLC

Co-Listed By

Adam Green

Pinnacle Realty LLC

Last Buyer's Agent

Jaime Hymer

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • 1924

Lot Details

  • Lot Dimensions are 50 x 140

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 1,436 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room

Bedrooms and Bathrooms

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

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Year Built

1924

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1436
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 2254
  • List User Cell Phone: 319-721-6099
  • Net Tax: 2254
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.85417
  • Ratio Close Price By Original Li: 0.85417
  • Ratio Current Price By Sq Ft: 42.83
  • Total Sq Ft: 1436
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1924

Interior Features

  • Appliances Included: Water Heater – Gas
  • Additional Room: Living Room
  • Basement: Block, Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 1
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 7

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Detached

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Schools

  • Elementary School: Taylor
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: 50 X 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Feb 24, 2021
Sold by
Lk Properties Llc
Bought by
Franklin Jo Ann
Seller's Agent
Ryan Eighme
Pinnacle Realty LLC
Buyer's Agent
Jaime Hymer
Pinnacle Realty LLC
List Price
$72,000
Sold Price
$61,500
Premium/Discount to List
-$10,500
-14.58%
Current Estimated Value
$122,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,926
Avg. Annual Appreciation
18.13%

Purchase Details

Listed on
Jan 17, 2012
Closed on
Mar 9, 2012
Sold by
Lk Properties Llc
Bought by
Mayes Saterika T
Seller's Agent
Marlyne Miller
SKOGMAN REALTY
Buyer's Agent
Marlyne Miller
SKOGMAN REALTY
List Price
$93,000
Sold Price
$81,000
Premium/Discount to List
-$12,000
-12.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.02%
Original Mortgage
$81,000
Interest Rate
3.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 22, 2007
Sold by
L & M Investments Llc
Bought by
Schueler Guy and Schueler Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,964
Interest Rate
9.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 20, 2007
Sold by
D G Nassif Properties Llc
Bought by
L & M Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,964
Interest Rate
9.5%
Mortgage Type
Seller Take Back
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 Buyer Sale Price Title Company
Franklin Jo Ann $61,500 None Available
Mayes Saterika T $90,900 None Available
Schueler Guy $86,914 None Available
L & M Investments Llc $84,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin Jo Ann $60,000
Previous Owner Lk Properties Llc $198,733
Previous Owner Lk Properties Llc $81,000
Previous Owner Schueler Guy $85,964
Previous Owner L & M Investments Llc $74,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $61,500 -14.6% $43 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $72,000 +17.1% $50 / Sq Ft
12/31/2020 12/31/20 Off Market $61,500 -- --
10/19/2020 10/19/20 For Sale $72,000 -11.1% $50 / Sq Ft
03/09/2012 03/09/12 Sold $81,000 -12.9% $56 / Sq Ft
02/21/2012 02/21/12 Pending -- -- --
01/17/2012 01/17/12 For Sale $93,000 -- $65 / 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
2023 $2,160 $113,800 $25,000 $88,800
2022 $2,048 $102,400 $25,000 $77,400
2021 $2,032 $98,900 $25,000 $73,900
2020 $2,032 $92,100 $17,500 $74,600
2019 $2,160 $100,200 $20,000 $80,200
2018 $2,022 $100,200 $20,000 $80,200
2017 $2,022 $93,200 $20,000 $73,200
2016 $1,982 $93,200 $20,000 $73,200
2015 $2,046 $94,702 $20,000 $74,702
2014 $2,016 $94,702 $20,000 $74,702
2013 $1,972 $94,702 $20,000 $74,702
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2007320

Cedar Rapids Area Association of REALTORS®

APN: 14291-62005-00000