NOT LISTED FOR SALE

1407 7th Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $70,000 - $166,299

3 Beds
1 Bath
2,606 Sq Ft
$44/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $50,000 $19 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $724/month

56 Days on Market

About This Home

As of August 2023

Back on the Market
Cedar Rapids get ready!! This amazing investment property is ready for a revival. The potential is endless with this vastly large back yard. Ready to be fenced in to enjoy bong fires with family in creating memories to come. If three bedrooms are not enough, the attic provides an additional space. Full basement. Newer furnace. So make it your own today! Home is sold As Is. Seller will make no repairs. Schedule your tour today.

Last Agent to Sell the Property

TonyaMarie Adams

INTREPID REAL ESTATE Listed on: 06/01/2023

Last Buyer's Agent

TonyaMarie Adams

INTREPID REAL ESTATE Listed on: 06/01/2023

Home Details

Home Type

  • Single Family

Year Built

  • 1915

Lot Details

  • 5,619 Sq Ft Lot
  • Lot Dimensions are 40x140

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • 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
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

1915

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.1290
  • Above Grade Finished Sq Ft: 1654
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 1368
  • List User Cell Phone: 319-981-2559
  • Low Lvl Fin Sq Ft: 952
  • Miscellaneous: Cable Ready
  • Net Tax: 1368
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.94340
  • Ratio Close Price By Original Li: 0.94340
  • Ratio Current Price By Sq Ft: 30.23
  • Total Sq Ft: 2606
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1915

Interior Features

  • 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: Wood

Utilities

  • Heating Cooling: Forced Air

Lot Info

  • Lot Size: 40x140

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Aug 21, 2023
Sold by
Hartley David E and Hartley Maggie F
Bought by
Mods Enterprises Llc
Seller's Agent
TonyaMarie Adams
INTREPID REAL ESTATE
Buyer's Agent
TonyaMarie Adams
INTREPID REAL ESTATE
List Price
$53,000
Sold Price
$50,000
Premium/Discount to List
-$3,000
-5.66%
Views
255
Current Estimated Value
$114,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,575
Avg. Annual Appreciation
44.33%
Original Mortgage
$110,000
Outstanding Balance
$106,309
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$8,266
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
Mods Enterprises Llc $47,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mods Enterprises Llc $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2023 08/21/23 Sold $50,000 -5.7% $19 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $53,000 0.0% $20 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $53,000 -- $20 / 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 $1,430 $137,200 $25,000 $112,200
2024 $1,572 $97,600 $22,000 $75,600
2023 $1,572 $80,800 $19,000 $61,800
2022 $1,368 $74,500 $19,000 $55,500
2021 $1,424 $66,000 $16,000 $50,000
2020 $1,424 $64,500 $16,000 $48,500
2019 $1,328 $61,600 $14,000 $47,600
2018 $1,292 $61,600 $14,000 $47,600
2017 $1,266 $59,600 $14,000 $45,600
2016 $1,266 $59,600 $14,000 $45,600
2015 $1,310 $61,524 $14,000 $47,524
2014 $1,466 $61,524 $14,000 $47,524
2013 $1,613 $61,524 $14,000 $47,524
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    TonyaMarie Adams

    INTREPID REAL ESTATE

    (319) 981-2559

    9 in this area

    27 Total Sales

    TonyaMarie Adams
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2303484

Cedar Rapids Area Association of REALTORS®

APN: 14223-80007-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1407 7th Ave SE, Cedar Rapids, IA

Not Listed for Sale

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