NOT LISTED FOR SALE

1215 5th Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $44,000 - $155,000

3 Beds
3 Baths
2,217 Sq Ft
$45/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $43,000 $19 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $582/month

43 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Forced Air Cooling System

About This Home

As of July 2024

Investor Alert!!! Priced just dropped drastically for that investor whose ready to turn some sweat equity into income. This property can also be sold individually or as a bundle with the following parcel numbers of 14223-34006-00000, 14223-07005-00000, 14223-07008-00000, 14222-79014-00000, 14222-79013-00000.

Last Agent to Sell the Property

Z Maryland

Pinnacle Realty LLC Listed on: 05/14/2024

Pinnacle Realty LLC

Last Buyer's Agent

Z Maryland

Pinnacle Realty LLC Listed on: 05/14/2024

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $748

Year Built

  • 1900

Lot Details

  • 8,276

Home Design

  • Frame Construction
  • Vinyl Construction Material
  • Slate

Interior Spaces

  • 2,217 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Additional Features

  • Deck
  • 8,276 Sq Ft Lot
  • Forced Air Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$748

Year Built

1900

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.1900
  • Above Grade Finished Sq Ft: 2217
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 748
  • List User Cell Phone: 319-431-0382
  • Miscellaneous: Deck
  • Net Tax: 748
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.68254
  • Ratio Close Price By Original Li: 0.51807
  • Ratio Current Price By Sq Ft: 19.40
  • Total Sq Ft: 2217
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Appliances Included: Range, Refrigerator
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 2: 3
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Level 3 Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Slate, Vinyl

Utilities

  • Heating Cooling: Central Air, Forced Air

Schools

  • Elementary School: Johnson
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 8,390

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Jul 3, 2024
Sold by
Spence Kenneth and Spence Ira Kenneth
Bought by
Sular Capital Llc
Seller's Agent
Z Maryland
Pinnacle Realty LLC
Buyer's Agent
Z Maryland
Pinnacle Realty LLC
List Price
$83,000
Sold Price
$43,000
Premium/Discount to List
-$40,000
-48.19%
Views
38
Current Estimated Value
$99,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,762
Avg. Annual Appreciation
109.75%

Purchase Details

Listed on
Apr 22, 2019
Closed on
Jul 23, 2019
Sold by
Hai Pervez
Bought by
Spence Kenneth
Seller's Agent
Matt Ford
SKOGMAN REALTY
Buyer's Agent
Kyle Kloft
SKOGMAN REALTY
List Price
$29,900
Sold Price
$13,300
Premium/Discount to List
-$16,600
-55.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.87%

Purchase Details

Closed on
Mar 15, 2019
Sold by
Midfirst Bank
Bought by
Hai Per Vez
Source: Public Records

Range of Values:

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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
Sular Capital Llc $43,000 None Listed On Document
Spence Kenneth $13,500 None Available
Hai Per Vez $8,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $43,000 -31.7% $19 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
05/22/2024 05/22/24 Price Changed $63,000 -24.1% $28 / Sq Ft
05/14/2024 05/14/24 For Sale $83,000 +524.1% $37 / Sq Ft
08/05/2019 08/05/19 Sold $13,300 -46.4% $6 / Sq Ft
07/10/2019 07/10/19 Pending -- -- --
05/20/2019 05/20/19 Price Changed $24,800 -17.1% $11 / Sq Ft
04/22/2019 04/22/19 For Sale $29,900 -- $13 / 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
2024 $520 $110,200 $28,100 $82,100
2023 $520 $81,500 $25,500 $56,000
2022 $191 $35,500 $20,400 $15,100
2021 $968 $35,500 $20,400 $15,100
2020 $199 $43,900 $20,400 $23,500
2019 $1,635 $63,700 $12,800 $50,900
2018 $1,082 $63,700 $12,800 $50,900
2017 $1,351 $66,900 $12,800 $54,100
2016 $1,351 $66,900 $12,800 $54,100
2015 $1,531 $75,241 $12,750 $62,491
2014 $1,346 $75,241 $12,750 $62,491
2013 $1,310 $75,241 $12,750 $62,491
Source: Public Records

Agents Affiliated with this Home

  • Z Maryland

    Seller's Agent in 2024

    Z Maryland

    Pinnacle Realty LLC

    (319) 431-0382

    7 in this area

    98 Total Sales

    Z Maryland
    Section Image
  • Travis Gaule

    Buyer Co-Listing Agent in 2024

    Travis Gaule

    SKOGMAN REALTY

    (319) 621-5324

    8 in this area

    52 Total Sales

    Travis Gaule
    Section Image
  • Matt Ford

    Seller's Agent in 2019

    Matt Ford

    SKOGMAN REALTY

    (319) 270-8747

    2 in this area

    94 Total Sales

    Matt Ford
    Section Image
  • Kyle Kloft

    Buyer's Agent in 2019

    Kyle Kloft

    SKOGMAN REALTY

    (319) 558-6115

    1 in this area

    45 Total Sales

    Kyle Kloft
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2403306

Cedar Rapids Area Association of REALTORS®

APN: 14223-34006-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1215 5th Ave SE, Cedar Rapids, IA

This home is located at 1215 5th Ave SE, Cedar Rapids, IA 52403 since 14 May 2024 and is currently estimated at $99,762, approximately $44 per square foot. This property was built in 1900. 1215 5th Ave SE is a home located in Linn County with nearby schools including Johnson STEAM Academy, McKinley STEAM Academy, and George Washington High 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.

Cedar Rapids Area Association of REALTORS® 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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