NOT LISTED FOR SALE

1217 16th Ave SW Cedar Rapids, IA 52404

Estimated Value: $94,000 - $119,000

2 Beds
1 Bath
696 Sq Ft
$155/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $91,000 $131 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $725/month

56 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Satellite Dish
  • Ranch Style House
  • Patio
  • Fenced

About This Home

As of March 2021

This adorable ranch is updated from top to bottom! Newer vinyl windows/siding, aluminum soffit and newer front porch make the exterior maintenance free for years to come. The waterline/shut off box from the house to the street has been replaced also! The oversized two car garage is a major bonus and has a new insulated overhead door. The interior of this home has been totally remodeled. Updates include newer electrical service, water heater, water supply lines, sheetrock, can lights, steel entry doors, rebuilt gravity furnace, paint, trim/interior doors, kitchen counter top, flooring and much more!!! The lower level is stubbed for a full bath and has a functioning toilet. Don’t miss out on this rare opportunity!

Last Listed By

Steve Emig

SKOGMAN REALTY Listed on: 12/09/2020

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,604

Year Built

  • 1927

Lot Details

  • 5,619 Sq Ft Lot
  • Lot Dimensions are 40x140
  • Fenced

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Satellite Dish
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,604

Year Built

1927

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1290
  • Above Grade Finished Sq Ft: 616
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Gross Tax: 1604
  • List User Cell Phone: 319-389-1999
  • Low Lvl Fin Sq Ft: 80
  • Miscellaneous: Cable Ready, Deck, Fencing, Patio, Satellite Dish
  • Net Tax: 1604
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98378
  • Ratio Close Price By Original Li: 0.96296
  • Ratio Current Price By Sq Ft: 147.73
  • Total Sq Ft: 696
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1927

Interior Features

  • Appliances Included: Disposal, Garage Door Opener, Microwave, Range, Refrigerator
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

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

Utilities

  • Heating Cooling: Gravity, Window/Wall Air

Schools

  • Elementary School: Grant
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: 40x140

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Feb 25, 2021
Sold by
Urban Terry J and Urban Terry Joseph
Bought by
Pennington Tyrone
Seller's Agent
Steve Emig
SKOGMAN REALTY
Buyer's Agent
Karrie Schultz
Keller Williams Legacy Group
List Price
$92,500
Sold Price
$91,000
Premium/Discount to List
-$1,500
-1.62%
Total Days on Market
56
Current Estimated Value
$107,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,700
Avg. Annual Appreciation
6.32%
Original Mortgage
$72,800
Outstanding Balance
$66,726
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$50,916

Purchase Details

Closed on
Jun 4, 2014
Sold by
Urban Terry J and Urban Patty A
Bought by
Urban Terry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,995
Interest Rate
4.13%
Mortgage Type
New Conventional

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
Pennington Tyrone $91,000 None Available
Urban Terry J -- Servicelink
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pennington Tyrone $72,800
Previous Owner Urban Terry J $54,995
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2021 03/08/21 Sold $91,000 -1.6% $131 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
01/19/2021 01/19/21 Price Changed $92,500 0.0% $133 / Sq Ft
01/19/2021 01/19/21 For Sale $92,500 +0.5% $133 / Sq Ft
01/04/2021 01/04/21 Price Changed $92,000 -2.6% $132 / Sq Ft
12/31/2020 12/31/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $94,500 -- $136 / 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
2023 $1,530 $98,800 $20,000 $78,800
2022 $1,404 $81,400 $17,000 $64,400
2021 $1,648 $76,700 $18,000 $58,700
2020 $1,648 $74,700 $17,000 $57,700
2019 $1,514 $70,200 $17,000 $53,200
2018 $1,472 $70,200 $17,000 $53,200
2017 $1,410 $67,900 $17,000 $50,900
2016 $1,410 $66,300 $17,000 $49,300
2015 $1,458 $68,529 $17,000 $51,529
2014 $1,458 $68,529 $17,000 $51,529
2013 $1,428 $68,529 $17,000 $51,529
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2009175

Cedar Rapids Area Association of REALTORS®

APN: 14321-34003-00000