1201 Summit Ave SW Cedar Rapids, IA 52404
Estimated Value: $250,000 - $324,788
3
Beds
2
Baths
2,129
Sq Ft
$128/Sq Ft
Est. Value
Highlights
- Main Floor Primary Bedroom
- 4 Car Garage
- Forced Air Cooling System
- Formal Dining Room
- Eat-In Kitchen
- Patio
About This Home
As of November 2023Discover this hidden gem on the outskirts of Cedar Rapids, a property that boasts an impressive 4.25 acres of land - a true rarity in this area. Lived in and loved for well over 30 years. Enjoy breathtaking views and the serene atmosphere of a location perched right above the river, adjacent to a scenic bike and walking trail, just off of C St SW.
The house itself provides ample space, with over 1700 square feet above grade. It also features an attached garage spanning 600 square feet, while a detached 24 X 42 garage provides additional storage and versatility.
Inside, you'll find three spacious bedrooms and two well-appointed bathrooms. The large living room is adorned with numerous windows, allowing natural light to flood the space while offering stunning vistas of the surroundings. The generously sized eat-in kitchen is perfect for creating culinary delights and enjoying meals with family and friends.
Please note that this property is available through a POA sale, exempt from disclosure, and is being sold 'AS IS. Prospective buyers are encouraged to verify property taxes and the finished square footage themselves, ensuring peace of mind as you embark on this unique real estate opportunity. Appliances in the house are all included, will not be removed and no guaranty. Assessor's site has notes of permits for the roof had a penetration from a pear tree, was professionally repaired with shingles that were left from when roof was done in 2016. ***Please be respectful and do not walk the property without a confirmed appointment***
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,455
Year Built
- 1900
Lot Details
- 4.25
Parking
- 4 Car Garage
Home Design
- Frame Construction
Interior Spaces
- 1.5-Story Property
- Formal Dining Room
- Basement Fills Entire Space Under The House
- Eat-In Kitchen
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
Additional Features
- Patio
- 4.25 Acre Lot
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 27, 2023
Closed on
Nov 24, 2023
Sold by
Snyder Lila F
Bought by
Capital B Llc
Seller's Agent
Jill Monnahan
SKOGMAN REALTY
Buyer's Agent
Joshua Bass
INTREPID REAL ESTATE
List Price
$250,000
Sold Price
$251,000
Premium/Discount to List
$1,000
0.4%
Total Days on Market
5
Views
50
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,197
Avg. Annual Appreciation
5.44%
Original Mortgage
$320,000
Outstanding Balance
$313,913
Interest Rate
7.63%
Mortgage Type
Construction
Estimated Equity
-$41,716
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Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Capital B Llc | $251,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Capital B Llc | $320,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2023 11/30/23 | Sold | $251,000 | +0.4% | $118 / Sq Ft |
| 11/01/2023 11/01/23 | Pending | -- | -- | -- |
| 10/27/2023 10/27/23 | For Sale | $250,000 | -- | $117 / 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 | $3,526 | $211,200 | $59,600 | $151,600 |
| 2022 | $2,952 | $179,400 | $59,600 | $119,800 |
| 2021 | $3,112 | $154,900 | $53,100 | $101,800 |
| 2020 | $3,112 | $152,900 | $53,100 | $99,800 |
| 2019 | $3,032 | $152,400 | $53,100 | $99,300 |
| 2018 | $2,942 | $152,400 | $53,100 | $99,300 |
| 2017 | $3,247 | $156,100 | $53,100 | $103,000 |
| 2016 | $3,247 | $156,100 | $53,100 | $103,000 |
| 2015 | $3,243 | $155,714 | $53,125 | $102,589 |
| 2014 | $3,058 | $155,714 | $53,125 | $102,589 |
| 2013 | $2,986 | $155,714 | $53,125 | $102,589 |
Source: Public Records
Agents Affiliated with this Home
-
Jill Monnahan
Seller's Agent in 2023
Jill Monnahan
SKOGMAN REALTY
(319) 981-1409
219 Total Sales
-
Jacey Slaton
Seller Co-Listing Agent in 2023
Jacey Slaton
SKOGMAN REALTY
(319) 551-2361
149 Total Sales
-
Joshua Bass
J
Buyer's Agent in 2023
Joshua Bass
INTREPID REAL ESTATE
(319) 533-1872
23 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2306832
APN: 14344-02001-00000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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