1128 12th St NE Cedar Rapids, IA 52402
4
Beds
2
Baths
1,642
Sq Ft
7,405
Sq Ft Lot
Highlights
- Main Floor Primary Bedroom
- Den
- Living Room
- Great Room
- Formal Dining Room
- Central Air
About This Home
As of September 2021INVESTOR ALERT-- ASSESSED $92500—Listed $26k below-- 4 bed 2 bath flip house!! tons of potential--- Needs some love but cant beat the price and potential.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,966
Year Built
- 1917
Parking
- Off-Street Parking
Home Design
- Frame Construction
- Vinyl Construction Material
Interior Spaces
- 1,642 Sq Ft Home
- 2-Story Property
- Great Room
- Family Room
- Living Room
- Formal Dining Room
- Den
- Basement
- Block Basement Construction
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Primary Bedroom on Main
Utilities
- Central Air
- Gas Water Heater
Additional Features
- Storage Shed
- 7,405 Sq Ft Lot
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 18, 2023
Sold by
Martin Matthew and Martin Kelly
Bought by
M2b Llc
Current Estimated Value
Purchase Details
Listed on
Jul 12, 2021
Closed on
Sep 9, 2021
Sold by
Moehn Abbey L and Moehn Adam F
Bought by
Martin Matthew and Martin Kelly
Seller's Agent
Abbey Moehn
IOWA REALTY
Buyer's Agent
Melissa Redinbaugh
RE/MAX CONCEPTS
List Price
$140,000
Sold Price
$133,500
Premium/Discount to List
-$6,500
-4.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Original Mortgage
$120,150
Interest Rate
3.12%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 20, 2018
Closed on
Aug 17, 2018
Sold by
Reactive Real Estate Llc
Bought by
Moehn Abbey L and Moehn Adam F
Seller's Agent
Jeremy Trenkamp
Realty87
Buyer's Agent
Jeremy Trenkamp
Realty87
List Price
$116,000
Sold Price
$110,000
Premium/Discount to List
-$6,000
-5.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$82,500
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 17, 2017
Closed on
Oct 22, 2017
Sold by
Etzels Opm Llc
Bought by
Reactive Real Estate Llc
Seller's Agent
Jeremy Trenkamp
Realty87
Buyer's Agent
Jeremy Trenkamp
Realty87
List Price
$99,500
Sold Price
$94,000
Premium/Discount to List
-$5,500
-5.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.33%
Original Mortgage
$125,000
Interest Rate
3.91%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
May 4, 2017
Sold by
Wells Fargo Bank Na and Cortez Carol Louise
Bought by
Etzels Opm Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,501
Interest Rate
4.1%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 7, 2008
Sold by
Morrow Robert Kep and Morrow Robert K
Bought by
Cortez Carol Louise
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,354
Interest Rate
6.41%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 5, 2003
Sold by
Darrow Dwight S and Darrow Melva L
Bought by
Morrow Robert Kep
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.85%
Mortgage Type
Unknown
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $133,500 | None Available | |
| Warranty Deed | $110,000 | None Available | |
| Warranty Deed | $94,000 | None Available | |
| Sheriffs Deed | $37,501 | None Available | |
| Warranty Deed | $91,000 | Security First Title Co | |
| Warranty Deed | $44,000 | All American Escrow & Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $120,150 | New Conventional | |
| Previous Owner | $84,500 | New Conventional | |
| Previous Owner | $82,500 | New Conventional | |
| Previous Owner | $125,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $37,501 | Construction | |
| Previous Owner | $61,625 | New Conventional | |
| Previous Owner | $91,709 | FHA | |
| Previous Owner | $90,354 | FHA | |
| Previous Owner | $50,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $40,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/13/2021 09/13/21 | Sold | $133,500 | -1.0% | $81 / Sq Ft |
| 07/30/2021 07/30/21 | Pending | -- | -- | -- |
| 07/29/2021 07/29/21 | Price Changed | $134,900 | -3.6% | $82 / Sq Ft |
| 07/12/2021 07/12/21 | For Sale | $140,000 | +27.3% | $85 / Sq Ft |
| 08/22/2018 08/22/18 | Sold | $110,000 | -5.2% | $67 / Sq Ft |
| 07/21/2018 07/21/18 | Pending | -- | -- | -- |
| 07/20/2018 07/20/18 | For Sale | $116,000 | +23.4% | $71 / Sq Ft |
| 11/09/2017 11/09/17 | Sold | $94,000 | -5.5% | $57 / Sq Ft |
| 09/25/2017 09/25/17 | Pending | -- | -- | -- |
| 09/21/2017 09/21/17 | For Sale | $99,500 | 0.0% | $61 / Sq Ft |
| 08/23/2017 08/23/17 | Price Changed | $99,500 | +5.9% | $61 / Sq Ft |
| 08/16/2017 08/16/17 | Pending | -- | -- | -- |
| 07/20/2017 07/20/17 | Off Market | $94,000 | -- | -- |
| 05/17/2017 05/17/17 | For Sale | $66,500 | -- | $40 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 | $2,816 | $141,400 | $18,000 | $123,400 |
| 2022 | $2,138 | $133,500 | $17,000 | $116,500 |
| 2021 | $2,300 | $103,200 | $14,000 | $89,200 |
| 2020 | $2,300 | $104,200 | $14,000 | $90,200 |
| 2019 | $2,086 | $96,800 | $14,000 | $82,800 |
| 2018 | $1,938 | $96,800 | $14,000 | $82,800 |
| 2017 | $1,938 | $80,300 | $14,000 | $66,300 |
| 2016 | $1,937 | $91,100 | $14,000 | $77,100 |
| 2015 | $2,091 | $98,271 | $14,000 | $84,271 |
| 2014 | $1,906 | $104,017 | $14,000 | $90,017 |
| 2013 | $1,980 | $104,017 | $14,000 | $90,017 |
Source: Public Records
Agents Affiliated with this Home
-
A
Seller's Agent in 2021
Abbey Moehn
IOWA REALTY
-
Melissa Redinbaugh
M
Buyer's Agent in 2021
Melissa Redinbaugh
RE/MAX
(319) 550-5114
159 Total Sales
-
Jeremy Trenkamp
Seller's Agent in 2018
Jeremy Trenkamp
Realty87
(319) 270-1323
839 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1705631
APN: 14161-53009-00000
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