NOT LISTED FOR SALE

1415 5th Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $70,000 - $134,000

5 Beds
2 Baths
1,668 Sq Ft
$61/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $49,750 $30 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $644/month

51 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Cooling System
  • Living Room

About This Home

As of January 2023

Great opportunity for an investor or fixer upper. Large home with lots of potential. Property is being sold as-is and quick possession is available. Close to downtown, hospitals, dining and easy access to First Ave and I-380.

Last Agent to Sell the Property

Jesse Brennan

Keller Williams Legacy Group Listed on: 07/26/2022

Keller Williams Legacy Group

Last Buyer's Agent

Mike Selling Team

GRAF REAL ESTATE, ERA POWERED

Home Details

Home Type

  • Single Family

Year Built

  • 1910

Lot Details

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

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 1,668 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Utilities

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

Home Details

Home Type

Single Family

Year Built

1910

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.1290
  • Above Grade Finished Sq Ft: 1668
  • Total Bathrooms: 2.00
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Gross Tax: 1286
  • List User Cell Phone: 319-521-1129
  • Net Tax: 1286
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99500
  • Ratio Close Price By Original Li: 0.76538
  • Ratio Current Price By Sq Ft: 29.83
  • Total Sq Ft: 1668
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1910

Interior Features

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

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Detached
  • Garage Size: 20x18

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 40x140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Jan 20, 2023
Sold by
Patrick Brennan Investments Inc
Bought by
Green Sylvia J
Seller's Agent
Jesse Brennan
Keller Williams Legacy Group
Buyer's Agent
Mike Selling Team
GRAF REAL ESTATE, ERA POWERED
List Price
$50,000
Sold Price
$49,750
Premium/Discount to List
-$250
-0.5%
Views
36
Current Estimated Value
$100,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,214
Avg. Annual Appreciation
30.35%
Original Mortgage
$40,000
Outstanding Balance
$38,701
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$62,263

Purchase Details

Closed on
Oct 2, 2009
Sold by
Us Bank National Association
Bought by
Patrick Brennan Investments Inc

Purchase Details

Closed on
Jun 15, 2009
Sold by
Frazier Billy and Frazier Lisa
Bought by
Us Bank National Association

Purchase Details

Closed on
Sep 16, 2005
Sold by
Kleinstauber Edward P
Bought by
Frazier Billy and Frazier Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,223
Interest Rate
9.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 30, 1999
Sold by
Delaney & Kelly Const Co Profit Sharing
Bought by
Delaney & Kelly Construction Co 401 Prof
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
Green Sylvia J $50,000 --
Patrick Brennan Investments Inc $6,000 None Available
Us Bank National Association $39,000 None Available
Frazier Billy -- --
Delaney & Kelly Construction Co 401 Prof -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Sylvia J $40,000
Previous Owner Frazier Billy $68,223
Closed Green Sylvia J $17,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold $49,750 -0.5% $30 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $50,000 0.0% $30 / Sq Ft
09/03/2022 09/03/22 Pending -- -- --
09/02/2022 09/02/22 Price Changed $50,000 -9.1% $30 / Sq Ft
08/22/2022 08/22/22 Price Changed $55,000 -6.8% $33 / Sq Ft
08/08/2022 08/08/22 Price Changed $59,000 -9.2% $35 / Sq Ft
07/26/2022 07/26/22 For Sale $65,000 -- $39 / 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 $1,326 $92,300 $25,000 $67,300
2024 $1,434 $84,500 $22,000 $62,500
2023 $1,434 $74,900 $19,000 $55,900
2022 $1,246 $68,000 $19,000 $49,000
2021 $1,286 $60,100 $16,000 $44,100
2020 $1,286 $58,300 $16,000 $42,300
2019 $1,530 $55,400 $14,000 $41,400
2018 $1,162 $55,400 $14,000 $41,400
2017 $1,092 $51,417 $14,000 $37,417
2016 $1,092 $51,417 $14,000 $37,417
2015 $1,094 $51,417 $14,000 $37,417
2014 $1,094 $51,417 $14,000 $37,417
2013 $1,070 $51,417 $14,000 $37,417
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jesse Brennan

    Keller Williams Legacy Group

    (319) 521-1129

    4 in this area

    22 Total Sales

    Jesse Brennan
    Section Image

  • M

    Buyer's Agent in 2023

    Mike Selling Team

    GRAF REAL ESTATE, ERA POWERED

    (319) 981-3702

    21 in this area

    645 Total Sales

    Mike Selling Team
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2206379

Cedar Rapids Area Association of REALTORS®

APN: 14223-06007-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1415 5th Ave SE, Cedar Rapids, IA

This home is located at 1415 5th Ave SE, Cedar Rapids, IA 52403 since 26 July 2022 and is currently estimated at $100,964, approximately $60 per square foot. This property was built in 1910. 1415 5th Ave SE is a home located in Linn County with nearby schools including Johnson STEAM Academy, 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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