NOT LISTED FOR SALE

1218 J Ave NE Cedar Rapids, IA 52402

Estimated Value: $84,000 - $107,276

3 Beds
1 Bath
827 Sq Ft
$117/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $61,500 $74 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $652/month

65 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Living Room
  • 1 Car Detached Garage
  • Forced Air Cooling System
  • Storage Shed

About This Home

As of August 2018

Great opportunity for a first time home buyer, investor or flipper. Lots of new concrete and exterior work has been done to this great property. This home has great space, solid bones, a nice garage and a shop space in the back yard.

Last Listed By

Jason Vestweber

SKOGMAN REALTY Listed on: 05/02/2018

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,318

Year Built

  • 1912

Lot Details

  • 6,316 Sq Ft Lot
  • Lot Dimensions are 70 x 90

Home Design

  • Ranch Style House
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 827 Sq Ft Home
  • Living Room
  • Basement
  • Block Basement Construction

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Storage Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,318

Year Built

1912

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1450
  • Above Grade Finished Sq Ft: 827
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 1318
  • List User Cell Phone: 319-551-0373
  • Miscellaneous: Storage Shed
  • Net Tax: 1318
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.87983
  • Ratio Close Price By Original Li: 0.82000
  • Ratio Current Price By Sq Ft: 74.37
  • Total Sq Ft: 827
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1912

Interior Features

  • Appliances Included: Dishwasher, Range, Refrigerator
  • Additional Room: Living Room
  • Basement: Block
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 1 Car, Detached, Off Street Parking
  • Garage Size: 12X18

Utilities

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

Schools

  • Elementary School: Garfield
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: 70 X 90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Aug 6, 2018
Sold by
3K9 Investments Llc
Bought by
Scharf Kevin D
Seller's Agent
Jason Vestweber
SKOGMAN REALTY
Buyer's Agent
Rossilyn Babington
Pinnacle Realty LLC
List Price
$69,900
Sold Price
$61,500
Premium/Discount to List
-$8,400
-12.02%
Total Days on Market
65
Current Estimated Value
$96,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,069
Avg. Annual Appreciation
6.90%
Original Mortgage
$29,500
Outstanding Balance
$25,884
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$70,685

Purchase Details

Listed on
Oct 17, 2015
Closed on
Apr 28, 2016
Sold by
Bodkin Brenda M
Bought by
3K9 Investments Llc
Seller's Agent
Paul Canas
Pinnacle Realty LLC
Buyer's Agent
Brian Rosteck
SKOGMAN REALTY COMMERCIAL
List Price
$70,000
Sold Price
$66,500
Premium/Discount to List
-$3,500
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.37%
Original Mortgage
$49,875
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 2007
Sold by
Mclaughlin Julie
Bought by
Bodkin Brenda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2001
Sold by
Burrow William and Burrow Elizabeth F
Bought by
Burrow William

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
Scharf Kevin D $61,500 Security First Title Co
3K9 Investments Llc -- None Available
Bodkin Brenda M $67,500 None Available
Burrow William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scharf Kevin D $29,500
Previous Owner 3K9 Investments Llc $71,000
Previous Owner 3K9 Investments Llc $49,875
Previous Owner Bodkin Brenda M $8,098
Previous Owner Bodkin Brenda M $64,000
Previous Owner Bodkin Brenda M $5,000
Previous Owner Bodkin Brenda M $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2018 08/10/18 Sold $61,500 -12.0% $74 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
07/05/2018 07/05/18 For Sale $69,900 +13.7% $85 / Sq Ft
07/04/2018 07/04/18 Off Market $61,500 -- --
06/11/2018 06/11/18 Price Changed $69,900 -6.8% $85 / Sq Ft
05/02/2018 05/02/18 For Sale $75,000 +12.8% $91 / Sq Ft
04/29/2016 04/29/16 Sold $66,500 -5.0% $80 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
10/17/2015 10/17/15 For Sale $70,000 -- $85 / 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 $1,390 $76,900 $15,700 $61,200
2022 $1,200 $74,800 $24,700 $50,100
2021 $1,262 $66,900 $20,300 $46,600
2020 $1,262 $65,800 $20,300 $45,500
2019 $1,452 $67,400 $20,300 $47,100
2018 $1,412 $67,400 $20,300 $47,100
2017 $1,318 $60,500 $20,300 $40,200
2016 $1,327 $62,400 $20,300 $42,100
2015 $1,142 $63,106 $20,344 $42,762
2014 $1,158 $66,021 $20,344 $45,677
2013 $1,190 $66,021 $20,344 $45,677
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1803072

Cedar Rapids Area Association of REALTORS®

APN: 14161-53018-00000