NOT LISTED FOR SALE

1134 12th St NE Cedar Rapids, IA 52402

Estimated Value: $115,000 - $135,260

3 Beds
1 Bath
960 Sq Ft
$131/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $107,500 $112 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $869/month

1 Day on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Forced Air Cooling System
  • 1 Car Detached Garage

About This Home

As of September 2021

Super Starter! Sweet investment opportunity! How about "move-in ready?" or I really like "Why rent when you can own your own home?" All of these Real Estate sayings apply to this "cute and cozy" 3 bedroom ranch situated in a convenient NE neighborhood, close to the interstate, shopping, the bike trail and a number of restaurant/bars. Tons of interior updates, new roof and "partially" fenced rear yard. Need immediate possession? You got it! Large 1 1/2 stall garage for your vehicle AND motorcycle, jet skis, bikes, kayaks... you get the idea! Pull-down stairs to attic to store that Christmas tree or camping gear and extra off street parking off the alley. Seller has opted to respond to any and all offers at 6:00 p.m. Wed. evening on 9/15/21 so you better run not walk to check it out!

Last Listed By

Ben Wheeler

COLDWELL BANKER HEDGES Listed on: 09/14/2021

COLDWELL BANKER HEDGES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,818

Year Built

  • 1978

Home Design

  • 960 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Utilities

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

Additional Features

  • Laundry on main level
  • Lot Dimensions are 40 x 140

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,818

Year Built

1978

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 960
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 1818
  • List User Cell Phone: 319-360-3088
  • Net Tax: 1818
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.07500
  • Ratio Close Price By Original Li: 1.07500
  • Ratio Current Price By Sq Ft: 111.98
  • Total Sq Ft: 960
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Appliances Included: Hood Fan, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached, Off Street Parking

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 40 X 140

Rental Info

  • Pets: Pets Allowed

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
Total Days on Market
1
Current Estimated Value
$125,565

Purchase Details

Listed on
Sep 14, 2021
Closed on
Oct 28, 2021
Sold by
Schumacher Richard A and Schumacher Amanda L
Bought by
Boyse Lee and Johnston Boyse Kaitlyn
Seller's Agent
Ben Wheeler
COLDWELL BANKER HEDGES
Buyer's Agent
Melissa Redinbaugh
Pinnacle Realty LLC
List Price
$100,000
Sold Price
$107,500
Premium/Discount to List
$7,500
7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%
Original Mortgage
$86,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2007
Sold by
Freedom Security Bank
Bought by
Mango 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
$54,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2007
Sold by
Harris Kristine and Hayes Mary T
Bought by
Freedom Security Bank

Purchase Details

Closed on
Jan 5, 2007
Sold by
Mango Investments Llc
Bought by
Schumacher Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 31, 2004
Sold by
Washington Tommie S and Washington Melissa S
Bought by
Harris Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,700
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 25, 2001
Sold by
Zalesky Joseph M and Rhodes Steven L
Bought by
Washington Tommie S and Washington Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,520
Interest Rate
7.11%
Mortgage Type
Seller Take Back

Range of Values:

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Average Value
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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
M2b Llc -- None Listed On Document
Boyse Lee $107,500 None Available
Mango Investments Llc $53,500 None Available
Freedom Security Bank $84,508 None Available
Schumacher Richard A $63,500 None Available
Harris Kristine $82,500 --
Washington Tommie S $72,500 --
Washington Tommie S $72,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boyse Lee $86,000
Previous Owner Schumacher Richard A $529,000
Previous Owner Schumacher Richard A $77,350
Previous Owner Mango Investments Llc $153,333
Previous Owner Mango Investments Llc $54,000
Previous Owner Schumacher Richard A $70,000
Previous Owner Harris Kristine $74,700
Previous Owner Washington Tommie S $65,520
Closed Miller Greg A --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Pending -- -- --
09/15/2021 09/15/21 Sold $107,500 +7.5% $112 / Sq Ft
09/14/2021 09/14/21 For Sale $100,000 -- $104 / 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 $2,074 $116,300 $18,000 $98,300
2022 $1,744 $98,300 $17,000 $81,300
2021 $1,818 $84,200 $14,000 $70,200
2020 $1,818 $82,400 $14,000 $68,400
2019 $1,726 $80,100 $14,000 $66,100
2018 $1,678 $80,100 $14,000 $66,100
2017 $1,560 $70,600 $14,000 $56,600
2016 $1,560 $73,400 $14,000 $59,400
2015 $1,600 $75,189 $14,000 $61,189
2014 $1,600 $79,361 $14,000 $65,361
2013 $1,652 $79,361 $14,000 $65,361
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2106386

Cedar Rapids Area Association of REALTORS®

APN: 14161-53008-00000