1245 2nd Ave SE Cedar Rapids, IA 52403
Wellington Heights NeighborhoodEstimated Value: $923,853
--
Bed
--
Bath
8,024
Sq Ft
$115/Sq Ft
Est. Value
About This Home
This home is located at 1245 2nd Ave SE, Cedar Rapids, IA 52403 and is currently estimated at $923,853, approximately $115 per square foot. 1245 2nd Ave SE is a home located in Linn County with nearby schools including Johnson STEAM Academy, McKinley STEAM Academy, and George Washington High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 13, 2019
Sold by
Clinic Investments Inc
Bought by
His Hands Ministries
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$132,505
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$791,348
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| His Hands Ministries | $650,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | His Hands Ministries | $150,000 |
Source: Public Records
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 | -- | $1,068,000 | $125,800 | $942,200 |
| 2024 | -- | $1,051,400 | $125,800 | $925,600 |
| 2023 | -- | $1,051,400 | $125,800 | $925,600 |
| 2022 | $0 | $951,300 | $125,800 | $825,500 |
| 2021 | $35,112 | $951,300 | $125,800 | $825,500 |
| 2020 | $35,112 | $1,019,600 | $125,800 | $893,800 |
| 2019 | $34,308 | $1,019,600 | $125,800 | $893,800 |
| 2018 | $34,160 | $1,019,600 | $125,800 | $893,800 |
| 2017 | $31,064 | $929,600 | $125,800 | $803,800 |
| 2016 | $34,689 | $929,600 | $125,800 | $803,800 |
| 2015 | $35,778 | $948,135 | $125,760 | $822,375 |
| 2014 | $33,136 | $948,135 | $125,760 | $822,375 |
| 2013 | $36,840 | $948,135 | $125,760 | $822,375 |
Source: Public Records
Map
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