$28,000
SOLD OCT 4, 2021

1227 5th Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood
3 Beds
2 Baths
1,494 Sq Ft
1900 Built

Recently Sold

$19 Per Sq Ft

14% Below List Price

8 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Cooling System
  • Family Room

About This Home

As of July 2022

3 bedroom, 2 bath 2 story on 60x140 lot being sold strictly in as-is condition. Seller will make NO repairs or provide further concessions. Cash offers only unless lender specifically states that financing will be provided for the property in it's as-is condition. Property sustained fire damage to front porch area. Main dwelling sustained little or no damage, but property needs complete update. Perfect for contractor/investor. Great upward potential and land value.

Last Agent to Sell the Property

Curtis Cleveland

Realty87 Listed on: 08/22/2021

Realty87

Last Buyer's Agent

Curtis Cleveland

Realty87 Listed on: 08/22/2021

Realty87

Home Details

Home Type

  • Single Family

Year Built

  • 1900

Home Design

  • Frame Construction

Interior Spaces

  • 1,494 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Laundry on main level

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Additional Features

  • Lot Dimensions are 60 x 140
  • Forced Air Cooling System

Home Details

Home Type

Single Family

Year Built

1900

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Above Grade Finished Sq Ft: 1494
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Gross Tax: 1127
  • List User Cell Phone: 319-360-0708
  • Net Tax: 1127
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.86154
  • Ratio Close Price By Original Li: 0.86154
  • Ratio Current Price By Sq Ft: 18.74
  • Total Sq Ft: 1494
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Additional Room: 1st Floor Family, 1st Floor Laundry
  • Basement: Block, Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 2
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 1 Car, Detached, Off Street Parking

Utilities

  • Heating Cooling: Forced Air

Schools

  • Elementary School: Johnson
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 60 X 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
Jul 20, 2022
Sold by
Maribel Perdomo
Bought by
Taylor Felicia
Seller's Agent
Curtis Cleveland
Realty87
Buyer's Agent
Jennifer Burhans
LEPIC-KROEGER CORRIDOR, REALTORS
List Price
$142,500
Sold Price
$140,000
Premium/Discount to List
-$2,500
-1.75%
Current Estimated Value
$137,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,222
Avg. Annual Appreciation
-0.50%
Original Mortgage
$135,327
Outstanding Balance
$128,903
Interest Rate
5.23%
Mortgage Type
FHA
Estimated Equity
$8,875

Purchase Details

Listed on
Aug 22, 2021
Closed on
Oct 5, 2021
Sold by
Sierra Property Management Llc
Bought by
Perdomo Maribel
Seller's Agent
Curtis Cleveland
Realty87
Buyer's Agent
Curtis Cleveland
Realty87
List Price
$32,500
Sold Price
$28,000
Premium/Discount to List
-$4,500
-13.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
647.67%

Purchase Details

Closed on
Mar 28, 2008
Sold by
Brandt Jason D and Brandt Jennifer L
Bought by
Sierra Property Management Llc

Purchase Details

Closed on
Aug 31, 2007
Sold by
Community Savings Bank
Bought by
Brandt Jason D and Brandt Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,400
Interest Rate
6.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 3, 2007
Sold by
Scofield Larry J
Bought by
Community Savings Bank
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $140,000 None Listed On Document
Warranty Deed $28,000 None Available
Warranty Deed -- None Available
Corporate Deed $23,500 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $135,327 FHA
Previous Owner $30,400 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $140,000 -1.8% $94 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $142,500 0.0% $95 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
06/06/2022 06/06/22 For Sale $142,500 0.0% $95 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
04/28/2022 04/28/22 Price Changed $142,500 -3.4% $95 / Sq Ft
04/19/2022 04/19/22 For Sale $147,500 +426.8% $99 / Sq Ft
10/04/2021 10/04/21 Sold $28,000 -13.8% $19 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/22/2021 08/22/21 For Sale $32,500 -- $22 / 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
2025 $1,400 $135,700 $28,100 $107,600
2024 $886 $122,100 $28,100 $94,000
2023 $886 $89,600 $25,500 $64,100
2022 $181 $42,000 $20,400 $21,600
2021 $1,168 $51,100 $20,400 $30,700
2020 $1,168 $52,900 $20,400 $32,500
2019 $916 $42,500 $12,800 $29,700
2018 $1,113 $42,500 $12,800 $29,700
2017 $1,243 $44,200 $12,800 $31,400
2016 $942 $44,300 $12,800 $31,500
2015 $826 $38,808 $12,750 $26,058
2014 $826 $38,808 $12,750 $26,058
2013 $808 $38,808 $12,750 $26,058
Source: Public Records

Agents Affiliated with this Home

  • Curtis Cleveland

    Seller's Agent in 2022

    Curtis Cleveland

    Realty87

    (319) 360-0708

    21 in this area

    150 Total Sales

    Curtis Cleveland
    Section Image
  • Jennifer Burhans

    Buyer's Agent in 2022

    Jennifer Burhans

    LEPIC-KROEGER CORRIDOR, REALTORS

    (319) 270-9353

    5 in this area

    212 Total Sales

    Jennifer Burhans
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2105822

Cedar Rapids Area Association of REALTORS®

APN: 14223-34003-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1227 5th Ave SE, Cedar Rapids, IA

This home is located at 1227 5th Ave SE, Cedar Rapids, IA 52403 and is currently priced at $28,000, approximately $18 per square foot. This property was built in 1900. 1227 5th Ave SE is a home located in Linn County with nearby schools including Johnson STEAM Academy, McKinley STEAM Academy, 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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