B
Seller's Agent in 2024
Beth Mackey
Realty87
(319) 491-6388
136 Total Sales
1224 2nd St Cedar Rapids, IA 52403
Estimated Value: $224,000 - $286,472
5
Beds
2
Baths
3,388
Sq Ft
$77/Sq Ft
Est. Value
Highlights
- Recreation Room with Fireplace
- Wooded Lot
- 2 Car Attached Garage
- Mount Vernon Middle School Rated A-
- Formal Dining Room
- Eat-In Kitchen
About This Home
As of July 2024**6/21 Accepted Offer-showing for back-up offers through inpsections* Charming In-Town Acreage with Endless Potential. Welcome to your spacious retreat within the city limits! This in-town acreage boasts over 3,300 square feet of living space, offering ample room for customization and modern updates. Nestled on a generous lot, the property combines the tranquility of country living with the convenience of city amenities. Generous living spaces featuring multiple living areas, perfect for both relaxation and entertaining. Large windows throughout flood the rooms with natural light, enhancing the warm and inviting atmosphere. The kitchen, while functional, awaits your creative touch to transform it into a modern culinary haven. Imagine new countertops, cabinetry, and state-of-the-art appliances to make this space truly yours. With a bathroom on each level, convenience is never an issue. The home includes several spacious bedrooms, each offering comfort and privacy. These rooms provide a blank canvas for personalization, from new flooring to fresh paint. The large yard is perfect for gardening, outdoor activities, or even adding a pool. Mature trees provide shade and a picturesque setting for outdoor gatherings. A versatile outbuilding on the property adds significant value. Whether you envision it as a workshop, studio, or additional storage, this space offers endless possibilities. A basement that can be transformed into a recreational area, home gym, or additional living quarters completes the package. A spacious garage provides plenty of room for vehicles and storage, enhancing the home's practicality.This property is a renovator's dream, offering the perfect opportunity to blend modern amenities with classic charm. With a bit of updating, this in-town acreage can become your ideal sanctuary, combining the best of both urban and rural living. Embrace the chance to create your dream home in a prime location. Schedule a viewing today and explore the boundless potential this unique property has to offer!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,265
Year Built
- 1900
Lot Details
- 1.98 Acre Lot
- Wooded Lot
Home Design
- Frame Construction
- Vinyl Construction Material
Interior Spaces
- 3,388 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Family Room
- Living Room
- Formal Dining Room
- Recreation Room with Fireplace
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Range
- Microwave
Bedrooms and Bathrooms
- Primary bedroom located on second floor
Laundry
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Garage Door Opener
Outdoor Features
- Storage Shed
- Outbuilding
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
- Heating System Uses Wood
- Gas Water Heater
- Water Softener is Owned
- Septic System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 13, 2024
Closed on
Jul 27, 2024
Sold by
Bryant Paul Louis
Bought by
Loeb Logan Allen and Kile Satin Marie
Seller's Agent
Beth Mackey
Realty87
Buyer's Agent
Nicki Kramer
Pinnacle Realty LLC
List Price
$265,000
Sold Price
$242,500
Premium/Discount to List
-$22,500
-8.49%
Views
62
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
$17,118
Avg. Annual Appreciation
5.61%
Original Mortgage
$194,000
Outstanding Balance
$191,813
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$67,805
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Loeb Logan Allen | $242,500 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Loeb Logan Allen | $194,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/29/2024 07/29/24 | Sold | $242,500 | +1.0% | $72 / Sq Ft |
| 06/21/2024 06/21/24 | Pending | -- | -- | -- |
| 06/21/2024 06/21/24 | Price Changed | $240,000 | -9.4% | $71 / Sq Ft |
| 06/13/2024 06/13/24 | For Sale | $265,000 | -- | $78 / 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 |
|---|---|---|---|---|
| 2025 | $1,822 | $240,700 | $43,900 | $196,800 |
| 2024 | $2,034 | $176,900 | $44,900 | $132,000 |
| 2023 | $2,034 | $176,900 | $44,900 | $132,000 |
| 2022 | $1,994 | $150,700 | $44,900 | $105,800 |
| 2021 | $1,964 | $150,700 | $44,900 | $105,800 |
| 2020 | $1,964 | $137,800 | $44,900 | $92,900 |
| 2019 | $1,892 | $135,500 | $44,900 | $90,600 |
| 2018 | $1,844 | $135,500 | $44,900 | $90,600 |
| 2017 | $1,957 | $131,800 | $44,900 | $86,900 |
| 2016 | $1,957 | $131,800 | $44,900 | $86,900 |
| 2015 | $1,961 | $131,800 | $44,900 | $86,900 |
| 2014 | $1,828 | $131,800 | $44,900 | $86,900 |
| 2013 | $1,778 | $131,800 | $44,900 | $86,900 |
Source: Public Records
Agents Affiliated with this Home
-
Beth Mackey
-
Nicki Kramer
N
Buyer's Agent in 2024
Nicki Kramer
Pinnacle Realty LLC
(319) 981-2889
104 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2404089
APN: 15343-55001-00000
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Information is deemed reliable but not guaranteed.
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