$79,900
SOLD NOV 6, 2015

1365 38th St SE Cedar Rapids, IA 52403

3 Beds
1 Bath
1,333 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$60 Per Sq Ft

20% Below List Price

184 Days on Market

Highlights

  • Recreation Room
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Vaulted Ceiling
  • 1 Car Detached Garage
  • 3-minute walk to Cheyenne Dog park

About This Home

As of November 2015

MOVE-IN CONDITION 3 BEDROOM WITH FINISHED BASEMENT, EWER UPDATED KITCHEN AND BATH, SPACIOUS REC ROOM IN BASEMENT WITH UTILITY ROOM. FENCED YARD AND DETACHED 1 CAR. FORECLOSURE PROPERTY SOLD AS-IS WITH NO PROPERTY DISCLOSURE. THIS PROPERTY IS ELIGIBLE UNDER THE FREDDIE MAC FIRST LOOK INITIATIVE THROUGH 4/12/15. NO SUBJECT TO SALE OFFERS CONSIDERED. PROOF OF CASH FUNDS OR LOAN PRE-APPROVAL LETTER MUST ACCOMPANY OFFER. EARNEST TO BE CASHIERS CHECK SELLER DETERMINES THE AMOUNT. ARTICLES OF INCORPORATION REQUIRED WITH FINAL DOCS ON LLC OFFERS. NO IMPROVEMENTS TO PROPERTY ALLOWED PRIOR TO CLOSING. PLEASE ALLOW UP TO 3 BUSINESS DAYS FOR OFFER AND COUNTER RESPONSES.

Last Agent to Sell the Property

Jim Willmsen

RE/MAX CONCEPTS Listed on: 03/23/2015

RE/MAX CONCEPTS

Last Buyer's Agent

Bonnie Tiernan

Realty87

Realty87

Home Details

Home Type

  • Single Family

Year Built

  • 1959

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60 x 120
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Split Level Home
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Vaulted Ceiling
  • Recreation Room
  • Partial Basement

Kitchen

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Year Built

1959

Lot Details

0

Listing Details

  • Style: Split Level
  • Acres: 0.1700
  • Above Grade Finished Sq Ft: 1008
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2062
  • List User Cell Phone: 319-981-7653
  • Low Lvl Fin Sq Ft: 325
  • Miscellaneous: Fencing, Vaulted Ceiling
  • Net Tax: 2062
  • Other: Repo
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.79980
  • Ratio Current Price By Sq Ft: 79.27
  • Total Sq Ft: 1333
  • Taxable Value Tv: 106600.00
  • Tax Roll Number: 142528200200000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1959

Interior Features

  • Appliances Included: Dishwasher, Range, Refrigerator
  • Additional Room: Rec Room
  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 6

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached
  • Garage Size: 280

Utilities

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

Schools

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

Lot Info

  • Lot Size: 60 X 120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2015
Closed on
Oct 19, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Fleishacker Darrian
Seller's Agent
Jim Willmsen
RE/MAX CONCEPTS
Buyer's Agent
Bonnie Tiernan
Realty87
List Price
$99,900
Sold Price
$79,900
Premium/Discount to List
-$20,000
-20.02%
Current Estimated Value
$148,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,716
Avg. Annual Appreciation
6.61%

Purchase Details

Closed on
Mar 2, 2015
Sold by
Sherrill Travis M and Sherrill Carol
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 30, 2007
Sold by
Hopcus Nancy C
Bought by
Sherrill Travis M and Sherrill Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,957
Interest Rate
6.26%
Mortgage Type
Unknown

Purchase Details

Closed on
May 20, 2003
Sold by
Eden Steven D and Eden Nancy J
Bought by
Hopcus Nancy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
5.9%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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 $79,900 None Available
Deed In Lieu Of Foreclosure -- None Available
Warranty Deed $118,500 None Available
Warranty Deed $102,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $23,957 Unknown
Previous Owner $94,880 Purchase Money Mortgage
Previous Owner $21,000 Future Advance Clause Open End Mortgage
Previous Owner $82,000 Unknown
Closed $15,375 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2015 11/06/15 Sold $79,900 0.0% $60 / Sq Ft
10/28/2015 10/28/15 Sold $79,900 -5.9% $60 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
09/23/2015 09/23/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $84,900 -15.0% $64 / Sq Ft
03/23/2015 03/23/15 For Sale $99,900 -- $75 / 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
2023 $2,760 $147,200 $30,000 $117,200
2022 $2,706 $130,900 $27,000 $103,900
2021 $2,702 $130,600 $27,000 $103,600
2020 $2,702 $122,500 $21,000 $101,500
2019 $2,528 $117,300 $21,000 $96,300
2018 $2,348 $117,300 $21,000 $96,300
2017 $2,348 $108,500 $21,000 $87,500
2016 $2,266 $106,600 $21,000 $85,600
2015 $2,266 $107,120 $21,000 $86,120
2014 $2,280 $107,120 $21,000 $86,120
2013 $1,974 $107,120 $21,000 $86,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1502220

Cedar Rapids Area Association of REALTORS®

APN: 14252-82002-00000