1218 J Ave NE Cedar Rapids, IA 52402
Estimated Value: $85,000 - $113,287
3
Beds
1
Bath
827
Sq Ft
$115/Sq Ft
Est. Value
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 2018Great 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.
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
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%
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
$33,822
Avg. Annual Appreciation
6.76%
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
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Home Values in the Area
Average Home Value in this Area
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
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
-
Jason Vestweber
Seller's Agent in 2018
Jason Vestweber
SKOGMAN REALTY
(319) 551-0373
134 Total Sales
-
Rossilyn Babington
Buyer's Agent in 2018
Rossilyn Babington
Pinnacle Realty LLC
(319) 804-5621
167 Total Sales
-
Paul Canas
Seller's Agent in 2016
Paul Canas
Pinnacle Realty LLC
(319) 981-1450
107 Total Sales
-
Brian Rosteck
Buyer's Agent in 2016
Brian Rosteck
SKOGMAN REALTY COMMERCIAL
(319) 350-8450
46 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1803072
APN: 14161-53018-00000
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