NOT LISTED FOR SALE

1240 20th St SW Cedar Rapids, IA 52404

Cleveland Area Neighborhood

Estimated Value: $173,000 - $195,000

2 Beds
1 Bath
1,280 Sq Ft
$145/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $73,430 $57 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,180/month

Highlights

  • Ranch Style House
  • Detached Garage
  • Forced Air Cooling System
  • Junction City Elementary School Rated A

About This Home

As of October 2021

This home is located at 1240 20th St SW, Cedar Rapids, IA 52404 since 29 October 2021 and is currently estimated at $185,820, approximately $145 per square foot. This property was built in 1953. 1240 20th St SW is a home located in Linn County with nearby schools including Junction City Elementary School, Cleveland Elementary School, and Kentucky Tech - Ashland Reg Tech Center.

Last Buyer's Agent

Jaime Hymer

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • 1953

Lot Details

  • 7,928 Sq Ft Lot

Parking

  • Detached Garage

Home Design

  • 1,280 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Aluminum Siding

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Year Built

1953

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1820
  • Above Grade Finished Sq Ft: 1280
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Gross Tax: 2366
  • Net Tax: 2366
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.43194
  • Ratio Close Price By Original Li: 0.43194
  • Ratio Current Price By Sq Ft: 57.37
  • Total Sq Ft: 1280
  • Transaction Type: Fsbo
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1953

Interior Features

  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: Detached

Utilities

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

Lot Info

  • Lot Size: .182 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2022
Sold by
L S Bright Properties Llc
Bought by
Mornini Lori
Current Estimated Value
$185,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,200
Outstanding Balance
$78,234
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$107,586

Purchase Details

Listed on
Oct 29, 2021
Closed on
Oct 27, 2021
Sold by
Johnson Christine Ann
Bought by
L S Bright Properties Llc
Buyer's Agent
Jaime Hymer
Pinnacle Realty LLC
List Price
$170,000
Sold Price
$73,430
Premium/Discount to List
-$96,570
-56.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.62%
Original Mortgage
$143,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 31, 2006
Sold by
Nelson Richard R and Nelson Mary L
Bought by
Johnson Christine Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Interest Rate
6.66%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mornini Lori $175,000 Oshea & Oshea Pc
L S Bright Properties Llc $73,500 None Available
Johnson Christine Ann $93,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mornini Lori $82,200
Previous Owner L S Bright Properties Llc $143,000
Previous Owner Johnson Christine Ann $75,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $73,430 -56.8% $57 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $170,000 -- $133 / 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 $2,422 $166,500 $33,300 $133,200
2024 $2,624 $155,700 $30,200 $125,500
2023 $2,624 $147,300 $30,200 $117,100
2022 $2,316 $124,400 $25,700 $98,700
2021 $2,366 $111,800 $25,700 $86,100
2020 $2,366 $107,200 $24,200 $83,000
2019 $2,126 $98,600 $24,200 $74,400
2018 $1,884 $98,600 $24,200 $74,400
2017 $1,920 $96,700 $24,200 $72,500
2016 $2,007 $94,400 $24,200 $70,200
2015 $1,995 $93,796 $24,192 $69,604
2014 $1,810 $96,727 $24,192 $72,535
2013 $1,828 $96,727 $24,192 $72,535
Source: Public Records

Agents Affiliated with this Home

  • Jaime Hymer

    Buyer's Agent in 2021

    Jaime Hymer

    Pinnacle Realty LLC

    (319) 440-7245

    3 in this area

    305 Total Sales

    Jaime Hymer
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2107555

Cedar Rapids Area Association of REALTORS®

APN: 14304-77003-00000

Iowa Linn County Cedar Rapids 52404 Cleveland Area

1240 20th St SW, Cedar Rapids, IA

Not Listed for Sale

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