NOT LISTED FOR SALE

1416 Memorial Dr SE Cedar Rapids, IA 52403

Estimated Value: $183,000 - $216,000

4 Beds
1.5 Baths
1,760 Sq Ft
$113/Sq Ft Est. Value

Last Sold May 08, 2017

Last sale price $122,000 $69 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,285/month

45 Days on Market

Highlights

  • Recreation Room
  • Eat-In Kitchen
  • Living Room
  • Ranch Style House
  • Patio
  • 4-minute walk to Van Vechten Park

About This Home

As of May 2017

WELCOME HOME!! All Of The BIG Ticket Items Have Been Paid For! NEW Furnace, NEW A/C, NEW Water Heater, NEW Thermostat, NEW Front & Rear Doors, NEW Countertops, NEW Kitchen Flooring, NEW Roof & Energy Efficient Windows In 2010. Updated Washer/Dryer, Updated Stove, Blown In Insulation, NEW Vanity In Upstairs & Downstairs Baths. The Driveway Has Been Widened To Fit Multiple Cars, As Well As Outlets Added Outside. Your New Home Features Over 1700 Sq Ft With 4 Bedrooms & 2 Baths. Hardwood Floors Compliment The Bedrooms Along With A Master That Fits A King Size Bed. Your Lower Level Features A Family Room, Bedroom Or Office, Abundant Storage, Utility Room, And Bath. The Lower Level Also Features A Walkout With Concrete Patio. The Spacious Backyard Is Landscaped And Offers Plenty Of Privacy! Your New Home Is Just Waiting For YOU!! Now Is The Perfect Time To Buy, Call Today For Your Showing!!

Last Agent to Sell the Property

Melea Ballou

Pinnacle Realty LLC Listed on: 01/20/2017

Pinnacle Realty LLC

Last Buyer's Agent

Dawn Waite

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,296

Year Built

  • 1960

Lot Details

  • 7,187 Sq Ft Lot
  • Lot Dimensions are 60 x 120
  • Fenced

Parking

  • Carport

Home Design

  • Ranch Style House
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,296

Year Built

1960

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1650
  • Above Grade Finished Sq Ft: 960
  • Total Bathrooms: 1.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 2296
  • List User Cell Phone: 319-461-8615
  • Low Lvl Fin Sq Ft: 800
  • Miscellaneous: Fencing, Patio, Storage Shed
  • Net Tax: 2118
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96825
  • Ratio Close Price By Original Li: 0.96825
  • Ratio Current Price By Sq Ft: 127.08
  • Total Sq Ft: 1760
  • Taxable Value Tv: 109300.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Living Room, Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 9

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: Carport

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

  • Elementary School: Grant Wood
  • 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
Jan 20, 2017
Closed on
May 4, 2017
Sold by
Simmons Miranda and Simmons David
Bought by
Bishop Lauren M
Seller's Agent
Melea Ballou
Pinnacle Realty LLC
Buyer's Agent
Dawn Waite
Realty87
List Price
$126,000
Sold Price
$122,000
Premium/Discount to List
-$4,000
-3.17%
Current Estimated Value
$192,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,249
Avg. Annual Appreciation
5.37%
Original Mortgage
$103,700
Outstanding Balance
$86,829
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$101,084

Purchase Details

Closed on
Mar 19, 2010
Sold by
Jones Shilo Marie and Meyer Shilo Marie
Bought by
Simmons Miranda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,516
Interest Rate
5.01%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2005
Sold by
Meyer Damon and Meyer Shilo
Bought by
Meyer Damon and Meyer Shilo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2000
Sold by
Hinson Chad and Hinson Shannon
Bought by
Mulligan Shilo and Meyer Damon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,939
Interest Rate
8.18%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 29, 1998
Sold by
Hall Lila J and Case Lila J
Bought by
Hinson Chad and Hinson Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,550
Interest Rate
7.16%
Mortgage Type
FHA
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
Bishop Lauren M $122,000 None Available
Simmons Miranda $109,000 None Available
Meyer Damon -- All American Escrow & Title
Mulligan Shilo $94,500 --
Hinson Chad $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bishop Lauren M $103,700
Previous Owner Simmons Miranda $107,516
Previous Owner Meyer Damon $93,000
Previous Owner Mulligan Shilo $94,939
Previous Owner Hinson Chad $72,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2017 05/08/17 Sold $122,000 -3.2% $69 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $126,000 -- $72 / 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 $2,798 $151,800 $27,600 $124,200
2022 $2,408 $141,500 $27,600 $113,900
2021 $2,482 $125,200 $24,700 $100,500
2020 $2,482 $121,100 $20,400 $100,700
2019 $2,448 $113,600 $20,400 $93,200
2018 $2,382 $113,600 $20,400 $93,200
2017 $2,303 $109,300 $20,400 $88,900
2016 $2,303 $108,400 $20,400 $88,000
2015 $2,301 $108,133 $23,280 $84,853
2014 $2,116 $108,133 $23,280 $84,853
2013 $2,066 $108,133 $23,280 $84,853
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Melea Ballou

    Pinnacle Realty LLC

    (319) 777-4431

    25 Total Sales

    Section Image

  • D

    Buyer's Agent in 2017

    Dawn Waite

    Realty87

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1700545

Cedar Rapids Area Association of REALTORS®

APN: 14262-80003-00000

Iowa Linn County Cedar Rapids 52403

1416 Memorial Dr SE, Cedar Rapids, IA

This home is located at 1416 Memorial Dr SE, Cedar Rapids, IA 52403 since 20 January 2017 and is currently estimated at $198,672, approximately $112 per square foot. This property was built in 1960. 1416 Memorial Dr SE is a home located in Linn County with nearby schools including Grant Wood 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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