1134 12th St NE Cedar Rapids, IA 52402
Estimated Value: $116,000 - $140,181
3
Beds
1
Bath
960
Sq Ft
$132/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Eat-In Kitchen
- Forced Air Cooling System
- 1 Car Detached Garage
About This Home
As of September 2021Super 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 Agent to Sell the Property
Ben Wheeler
Realty87 Listed on: 09/14/2021
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
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
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
Realty87
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
4.46%
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
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Home Values in the Area
Average Home Value in this Area
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
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
-
Seller's Agent in 2021
Ben Wheeler
Realty87
(319) 360-3088
-
Melissa Redinbaugh
M
Buyer's Agent in 2021
Melissa Redinbaugh
Pinnacle Realty LLC
(319) 550-5114
156 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2106386
APN: 14161-53008-00000
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