$61,500
SOLD AUG 10, 2018

1218 J Ave NE Cedar Rapids, IA 52402

3 Beds
1 Bath
827 Sq Ft
6,316 Sq Ft Lot

Recently Sold

$74 Per Sq Ft

12% Below List Price

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 Agent to Sell the Property

Jason Vestweber

SKOGMAN REALTY Listed on: 05/02/2018

SKOGMAN REALTY

Last Buyer's Agent

Rossilyn Babington

Pinnacle Realty LLC

Pinnacle Realty LLC

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%
Current Estimated Value
$95,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,307
Avg. Annual Appreciation
6.58%
Original Mortgage
$29,500
Outstanding Balance
$25,884
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$69,923

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $61,500 Security First Title Co
Warranty Deed -- None Available
Legal Action Court Order $67,500 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $29,500 New Conventional
Previous Owner $71,000 Commercial
Previous Owner $49,875 Commercial
Previous Owner $8,098 Unknown
Previous Owner $64,000 New Conventional
Previous Owner $5,000 Unknown
Previous Owner $68,000 Purchase Money Mortgage
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

  • Jason Vestweber

    Seller's Agent in 2018

    Jason Vestweber

    SKOGMAN REALTY

    (319) 551-0373

    132 Total Sales

    Jason Vestweber
    Section Image
  • Rossilyn Babington

    Buyer's Agent in 2018

    Rossilyn Babington

    Pinnacle Realty LLC

    (319) 804-5621

    168 Total Sales

    Rossilyn Babington
    Section Image
  • Paul Canas

    Seller's Agent in 2016

    Paul Canas

    Pinnacle Realty LLC

    (319) 981-1450

    109 Total Sales

    Paul Canas
    Section Image
  • Brian Rosteck

    Buyer's Agent in 2016

    Brian Rosteck

    SKOGMAN REALTY COMMERCIAL

    (319) 350-8450

    44 Total Sales

    Brian Rosteck
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1803072

Cedar Rapids Area Association of REALTORS®

APN: 14161-53018-00000

Iowa Linn County Cedar Rapids 52402

1218 J Ave NE, Cedar Rapids, IA

This home is located at 1218 J Ave NE, Cedar Rapids, IA 52402 and is currently priced at $61,500, approximately $74 per square foot. This property was built in 1912. 1218 J Ave NE is a home located in Linn County with nearby schools including Garfield Elementary School, Franklin Middle School, 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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