NOT LISTED FOR SALE

1405 7th Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $68,000 - $119,000

3 Beds
1 Bath
1,144 Sq Ft
$80/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $25,000 $22 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $518/month

33 Days on Market

Highlights

  • Formal Dining Room
  • Forced Air Cooling System
  • Living Room

About This Home

As of March 2016

Nice single family home or investment. Currently rented. Walking distance to Mercy Hospital, St. Luke's Hospital, area churches, central fire department, and downtown entertainment venues. On street parking.

Last Listed By

Dan Wilkes

SKOGMAN REALTY Listed on: 01/11/2016

Home Details

Home Type

  • Single Family

Year Built

  • 1915

Lot Details

  • Lot Dimensions are 30 x 90

Parking

  • On-Street Parking

Home Design

  • Frame Construction

Interior Spaces

  • 1,144 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Year Built

1915

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1144
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 1124
  • List User Cell Phone: 319-491-0567
  • Net Tax: 1124
  • Other: Repo
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.89606
  • Ratio Close Price By Original Li: 0.89606
  • Ratio Current Price By Sq Ft: 21.85
  • Total Sq Ft: 1144
  • Taxable Value Tv: 52800.00
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: R-1
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1915

Interior Features

  • Appliances Included: Water Heater – Gas
  • Additional Room: Living Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 2: 3
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 6

Exterior Features

  • Construction Methods: Frame
  • Exterior: Composite

Garage/Parking

  • Garage/Parking: On Street Parking

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 30 X 90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2016
Closed on
Mar 24, 2016
Sold by
Hills Bank & Trust Company
Bought by
Talon Enterprises Llc
Seller's Agent
Dan Wilkes
SKOGMAN REALTY
Buyer's Agent
Saige Turner
SKOGMAN REALTY
List Price
$27,900
Sold Price
$25,000
Premium/Discount to List
-$2,900
-10.39%
Total Days on Market
33
Current Estimated Value
$91,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,169
Avg. Annual Appreciation
11.70%
Original Mortgage
$25,000
Outstanding Balance
$20,196
Interest Rate
3.62%
Mortgage Type
Commercial
Estimated Equity
$48,592

Purchase Details

Closed on
Sep 25, 2015
Sold by
Sheriff Linn County
Bought by
Hills Bank And Trust

Purchase Details

Closed on
Sep 1, 2015
Sold by
Hills Bank And Trust Company
Bought by
Hills Bank And Trust Company

Purchase Details

Closed on
Dec 20, 2010
Sold by
Robison Rozella
Bought by
Peterson Todd R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
4.89%
Mortgage Type
Future Advance Clause Open End Mortgage

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
Talon Enterprises Llc -- None Available
Hills Bank And Trust -- --
Hills Bank And Trust Company $225,000 None Available
Peterson Todd R $23,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Talon Enterprises Llc $25,000
Previous Owner Peterson Todd R $35,000
Previous Owner Peterson Todd R $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2016 03/25/16 Sold $25,000 -10.4% $22 / Sq Ft
02/13/2016 02/13/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $27,900 -- $24 / 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 $142 $46,900 $12,400 $34,500
2022 $149 $44,300 $12,400 $31,900
2021 $868 $39,200 $10,500 $28,700
2020 $156 $39,300 $10,500 $28,800
2019 $774 $35,900 $9,200 $26,700
2018 $752 $35,900 $9,200 $26,700
2017 $752 $35,900 $9,200 $26,700
2016 $1,122 $52,800 $9,200 $43,600
2015 $1,122 $54,870 $9,151 $45,719
2014 $1,168 $54,870 $9,151 $45,719
2013 $1,142 $54,870 $9,151 $45,719
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Dan Wilkes

    SKOGMAN REALTY

  • S

    Buyer's Agent in 2016

    Saige Turner

    SKOGMAN REALTY

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1600282

Cedar Rapids Area Association of REALTORS®

APN: 14223-80008-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1405 7th Ave SE, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 1405 7th Ave SE, Cedar Rapids, IA 52403 since 11 January 2016 and is currently estimated at $91,169, approximately $79 per square foot. This property was built in 1915. 1405 7th Ave SE is a home located in Linn County with nearby schools including Johnson Elementary School, 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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