NOT LISTED FOR SALE

1201 Wright Brothers Blvd SW Cedar Rapids, IA 52404

Estimated Value: $253,000 - $372,000

3 Beds
1.5 Baths
1,452 Sq Ft
$223/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $320,000 $220 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,997/month

97 Days on Market

Highlights

  • Deck
  • Wood Burning Stove
  • 1 Fireplace
  • Prairie Ridge Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Living Room

About This Home

As of November 2023

Rare and unique opportunity here! Great location for residential acreage, or has the ability to be re-zoned to commercial. At the end of a private drive, it gives you some nice privacy. Only 1 owner home, and as solid as can be with so much room and future potential with some cosmetic updates. Don't let this rare opportunity pass you by and call today for your private showing. Time of transfer is in the process of being completed. Please allow 24 hours for reviewing offers..

Last Agent to Sell the Property

Alicia Porter

RE/MAX Concepts Listed on: 06/21/2023

RE/MAX Concepts

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,396

Year Built

  • Built in 1986

Lot Details

  • 1.46

Parking

  • 2 Parking Spaces

Home Design

  • Split Level Home
  • Frame Construction

Interior Spaces

  • 1 Fireplace
  • Wood Burning Stove
  • Family Room Downstairs
  • Living Room
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main

Schools

  • College Comm Elementary And Middle School
  • College Comm High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Softener is Owned
  • Private or Community Septic Tank
  • Internet Available

Additional Features

  • Deck
  • 1.46 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 19-29-2-01-005-0-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,396

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1452
  • Homebuilder: .
  • Owner Name L F Mi: Volesky Estate
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Remarks: This property can be rezoned to Industrial/Light Industrial per approval of rezoning with City of Cedar Rapids. If this option is desired, the buyer(s) takes on all responsibility of the process and completing the process with the city of CR. Sold AS IS. 3.0% on first $300,000, 2.5% on remainder
  • Year Built: 1986
  • Tax Year Report: 2021
  • Subdivision: .
  • Directions: Take exit 13 towards the Eastern IA Airport, west on Wright Brothers Blvd, south (left) on Frontage Ln, Left on T intersection, then right at first driveway, second house with red roof, at end
  • L O1 Dues Paid: y
  • Amenities: None
  • Basement Remarks: Full
  • Fireplace Type Location: Wood Burning Stove
  • Interior R: Other
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: 1-2 Acres
  • Possession R: Immediate
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Split Level
  • Remarks2: Rare and unique opportunity here! Great location for residential acreage, or has the ability to be re-zoned to commercial. At the end of a private drive, it gives you some nice privacy. Only 1 owner home, and as solid as can be with so much room and future potential with some cosmetic updates. Don't let this rare opportunity pass you by and call today for your private showing. Time of transfer is in the process of being completed. Please allow 24 hours for reviewing offers..
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven
  • Number Bedrooms Main: 3
  • Sq Ft Above: 1222
  • Total Full Baths: 1
  • Total Half Baths: 1
  • Number of Lower Level Half Bathrooms: 1
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 230
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: Private Septic, Water Softener (Owned), 2662
  • Heating Cooling: Gas, Central, Forced Air

Schools

  • Elementary School: College Comm
  • Middle School: College Comm
  • High School: College Comm
  • High School: College Comm
  • Jr Middle School: College Comm
  • Elementary School: College Comm

Lot Info

  • Acreage: 1.46
  • Geo Subdivision: IA
  • Zoning: R

Tax Info

  • Gross Tax County City: 3720
  • Assessor Parcel Number: 19-29-2-01-005-0-0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Oct 31, 2023
Sold by
Volesky Blanche A
Bought by
Vasquez Escobar Jose and Borjas Mendez Cindy
Seller's Agent
Alicia Porter
RE/MAX Concepts
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$399,900
Sold Price
$320,000
Premium/Discount to List
-$79,900
-19.98%
Views
294
Current Estimated Value
$324,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,241
Avg. Annual Appreciation
0.68%
Original Mortgage
$265,364
Outstanding Balance
$260,453
Interest Rate
7.19%
Mortgage Type
FHA
Estimated Equity
$63,788
Source: Public Records

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
Vasquez Escobar Jose $320,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez Escobar Jose $265,364
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2023 11/03/23 Sold $320,000 -2.4% $220 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/21/2023 09/21/23 Price Changed $328,000 -6.3% $226 / Sq Ft
08/01/2023 08/01/23 Price Changed $350,000 -5.4% $241 / Sq Ft
07/15/2023 07/15/23 Price Changed $370,000 -7.5% $255 / Sq Ft
06/21/2023 06/21/23 For Sale $399,900 -- $275 / Sq Ft
Source: Iowa City 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 $3,396 $202,800 $52,300 $150,500
2024 $3,794 $198,300 $52,300 $146,000
2023 $3,794 $198,300 $52,300 $146,000
2022 $3,720 $183,500 $52,300 $131,200
2021 $3,884 $183,500 $52,300 $131,200
2020 $3,884 $182,500 $52,300 $130,200
2019 $3,592 $171,900 $52,300 $119,600
2018 $3,488 $171,900 $52,300 $119,600
2017 $3,479 $164,100 $52,300 $111,800
2016 $3,479 $164,100 $52,300 $111,800
2015 $3,603 $170,771 $52,300 $118,471
2014 $3,416 $170,771 $52,300 $118,471
2013 $3,240 $170,771 $52,300 $118,471
Source: Public Records

Agents Affiliated with this Home

  • Alicia Porter

    Seller's Agent in 2023

    Alicia Porter

    RE/MAX

    (319) 350-1093

    228 Total Sales

    Alicia Porter
    Section Image

  • N

    Buyer's Agent in 2023

    Nonmember NONMEMBER

    NONMEMBER

See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202303331

Iowa City Area Association of REALTORS®

APN: 19292-01005-00000

Iowa Linn County Cedar Rapids 52404

1201 Wright Brothers Blvd SW, Cedar Rapids, IA

This home is located at 1201 Wright Brothers Blvd SW, Cedar Rapids, IA 52404 since 21 June 2023 and is currently estimated at $324,241, approximately $223 per square foot. This property was built in 1986. 1201 Wright Brothers Blvd SW is a home located in Linn County with nearby schools including Prairie Crest Elementary School, Prairie Heights Elementary School, and Prairie View Elementary School.

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.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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