NOT LISTED FOR SALE

Estimated Value: $132,000 - $143,000

3 Beds
1 Bath
951 Sq Ft
$144/Sq Ft Est. Value

Last Sold November 06, 2017

Last sale price $59,624 $63 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $927/month

Highlights

  • Great Room
  • 1 Car Attached Garage
  • Forced Air Cooling System
  • Den
  • Eat-In Kitchen
  • Patio

About This Home

As of November 2017

This home is located at 125 38th St NE, Cedar Rapids, IA 52402 since 25 June 2017 and is currently estimated at $137,410, approximately $144 per square foot. This property was built in 1941. 125 38th St NE is a home located in Linn County with nearby schools including Kenwood Leadership Academy, Franklin Middle School, and George Washington High School.

Last Agent to Sell the Property

Jeremy Trenkamp

Realty87 Listed on: 06/25/2017

Realty87

Last Buyer's Agent

Austin Davis

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,336

Year Built

  • 1941

Parking

  • 1 Car Attached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 951 Sq Ft Home
  • 1.5-Story Property
  • Great Room
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range<<rangeHoodToken>>
  • <<microwave>>

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Cooling System
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Lot Dimensions are 50 x 176

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,336

Year Built

1941

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Above Grade Finished Sq Ft: 951
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 1336
  • List User Cell Phone: 319-270-1323
  • Miscellaneous: Cable Ready, Patio
  • Net Tax: 1336
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96168
  • Ratio Close Price By Original Li: 0.96168
  • Ratio Current Price By Sq Ft: 62.70
  • Total Sq Ft: 951
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1941

Interior Features

  • Appliances Included: Dryer, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, Den/Study, Great Room, Living Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 2: 3
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 1 Car, Attached
  • Garage Size: 209

Utilities

  • Heating Cooling: Central Air, Forced Air

Schools

  • Elementary School: Kenwood
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: 50 X 176

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2017
Closed on
Nov 6, 2017
Sold by
Jakobsen Enterprises Llc
Bought by
Income Equity Llc
Seller's Agent
Jeremy Trenkamp
Realty87
Buyer's Agent
Austin Davis
Pinnacle Realty LLC
List Price
$62,000
Sold Price
$59,624
Premium/Discount to List
-$2,376
-3.83%
Current Estimated Value
$137,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,786
Avg. Annual Appreciation
11.48%
Original Mortgage
$47,669
Interest Rate
3.85%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 24, 2010
Sold by
K M M Llc
Bought by
Jakobsen Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,125
Interest Rate
4.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 8, 2010
Sold by
Jakobsen Enterprises Llc
Bought by
Ellis Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,125
Interest Rate
4.86%
Mortgage Type
Commercial

Purchase Details

Closed on
May 31, 2001
Sold by
Va
Bought by
Malloy Dennis D
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 Buyer Sale Price Title Company
Income Equity Llc $60,000 None Available
Jakobsen Enterprises Llc $79,500 None Available
Ellis Dana $84,170 None Available
Malloy Dennis D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Income Equity Llc $190,400
Closed Income Equity Llc $47,669
Previous Owner Jakobsen Enterprises Llc $63,125
Previous Owner Ellis Dana $63,128
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2017 11/06/17 Sold $59,624 -3.8% $63 / Sq Ft
06/25/2017 06/25/17 For Sale $62,000 -- $65 / Sq Ft
06/24/2017 06/24/17 Pending -- -- --
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 $2,020 $107,100 $30,200 $76,900
2022 $1,830 $95,800 $27,600 $68,200
2021 $1,916 $88,300 $23,600 $64,700
2020 $1,916 $86,800 $23,600 $63,200
2019 $1,941 $80,500 $22,300 $58,200
2018 $2,089 $80,500 $22,300 $58,200
2017 $1,622 $79,400 $19,700 $59,700
2016 $1,622 $76,300 $19,700 $56,600
2015 $1,694 $79,653 $26,250 $53,403
2014 $1,694 $81,322 $26,250 $55,072
2013 $1,694 $81,322 $26,250 $55,072
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1706610

Cedar Rapids Area Association of REALTORS®

APN: 14112-52003-00000