NOT LISTED FOR SALE

118 18th Ave SW Cedar Rapids, IA 52404

Southwest Area Neighborhood

Estimated Value: $73,000 - $141,000

1 Bed
1 Bath
600 Sq Ft
$165/Sq Ft Est. Value

Last Sold September 12, 2023

Last sale price $68,000 $113 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $607/month

Highlights

  • Ranch Style House
  • Main Floor Primary Bedroom
  • 4-minute walk to Hayes Park
  • Junction City Elementary School Rated A
  • Forced Air Cooling System

About This Home

As of September 2023

This home is located at 118 18th Ave SW, Cedar Rapids, IA 52404 since 12 September 2023 and is currently estimated at $98,768, approximately $164 per square foot. This property was built in 1880. 118 18th Ave SW is a home located in Linn County with nearby schools including Junction City Elementary School, Grant Elementary School, and Bruce Hall Day Treatment Center.

Last Buyer's Agent

Tessa Grimm

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $878

Year Built

  • 1880

Home Design

  • Ranch Style House
  • Frame Construction
  • Aluminum Siding

Kitchen

  • Range

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Garage
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$878

Year Built

1880

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 300
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • City Name: Cedar Rapids
  • Gross Tax: 878
  • Low Lvl Fin Sq Ft: 300
  • Net Tax: 878
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 226.67
  • Total Sq Ft: 600
  • Transaction Type: Fsbo
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1880

Interior Features

  • Appliances Included: Dryer, Range, Refrigerator, Washer
  • Basement: Block, Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 2 Cars, Off Street Parking, On Street Parking

Utilities

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

Lot Info

  • Lot Size: Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Sep 8, 2023
Sold by
Armstrong Heather L
Bought by
Erusha Matthew and Houston Amy
Buyer's Agent
Tessa Grimm
Pinnacle Realty LLC
List Price
$68,000
Sold Price
$68,000
Views
1
Current Estimated Value
$98,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,768
Avg. Annual Appreciation
18.49%
Original Mortgage
$85,000
Outstanding Balance
$82,246
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$16,522

Purchase Details

Listed on
Dec 19, 2019
Closed on
Feb 20, 2020
Sold by
Horizon Properties & Investments Llc
Bought by
Llc
Seller's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
Buyer's Agent
Tessa Grimm
Pinnacle Realty LLC
List Price
$63,000
Sold Price
$58,000
Premium/Discount to List
-$5,000
-7.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%

Purchase Details

Listed on
Dec 19, 2019
Closed on
Feb 3, 2020
Sold by
Horizon Properties & Investments Llc
Bought by
Llc
Seller's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
Buyer's Agent
Tessa Grimm
Pinnacle Realty LLC
List Price
$63,000
Sold Price
$58,000
Premium/Discount to List
-$5,000
-7.94%

Purchase Details

Listed on
Mar 4, 2015
Closed on
Aug 5, 2015
Sold by
Shaheen Thomas J
Bought by
Horizon Properties & Investments Llc
Seller's Agent
Katrin Elessais
SKOGMAN REALTY
Buyer's Agent
Katrin Elessais
SKOGMAN REALTY
List Price
$43,000
Sold Price
$36,000
Premium/Discount to List
-$7,000
-16.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%
Original Mortgage
$35,000
Interest Rate
4.03%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Erusha Matthew $68,000 None Listed On Document
Llc $58,000 None Available
Llc $58,000 None Available
Horizon Properties & Investments Llc $36,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erusha Matthew $85,000
Previous Owner Horizon Properties & Investments Llc $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2023 09/12/23 Sold $68,000 0.0% $113 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
09/12/2023 09/12/23 For Sale $68,000 +17.2% $113 / Sq Ft
02/18/2020 02/18/20 Sold $58,000 -7.9% $97 / Sq Ft View Prior Sale
01/16/2020 01/16/20 Pending -- -- --
12/19/2019 12/19/19 For Sale $63,000 +75.0% $105 / Sq Ft
08/05/2015 08/05/15 Sold $36,000 -16.3% $60 / Sq Ft View Prior Sale
07/04/2015 07/04/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $43,000 -- $72 / 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
2025 $1,038 $65,400 $17,800 $47,600
2024 $1,150 $61,600 $15,500 $46,100
2023 $1,150 $58,700 $15,500 $43,200
2022 $1,034 $54,500 $15,500 $39,000
2021 $878 $49,900 $14,000 $35,900
2020 $878 $39,800 $14,000 $25,800
2019 $816 $37,900 $14,000 $23,900
2018 $794 $37,900 $14,000 $23,900
2017 $714 $37,700 $14,000 $23,700
2016 $714 $33,600 $11,900 $21,700
2015 $786 $36,915 $11,857 $25,058
2014 $464 $36,915 $11,857 $25,058
2013 $768 $36,915 $11,857 $25,058
Source: Public Records

Agents Affiliated with this Home

  • Tessa Grimm

    Buyer's Agent in 2023

    Tessa Grimm

    Pinnacle Realty LLC

    (319) 521-1991

    13 in this area

    150 Total Sales

    Tessa Grimm
    Section Image

  • S

    Seller's Agent in 2020

    Stefan Doerrfeld

    Twenty40 Real Estate + Development

    Section Image

  • M

    Seller Co-Listing Agent in 2020

    Mark Doerrfeld

    Realty87

    Section Image

  • K

    Seller's Agent in 2015

    Katrin Elessais

    SKOGMAN REALTY

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2306035

Cedar Rapids Area Association of REALTORS®

APN: 14331-04002-00000

Iowa Linn County Cedar Rapids 52404 Southwest Area

118 18th Ave SW, Cedar Rapids, IA

Not Listed for Sale

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