NOT LISTED FOR SALE

1418 5th Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $75,000 - $135,000

3 Beds
1.5 Baths
1,652 Sq Ft
$64/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $45,000 $27 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $660/month

78 Days on Market

Highlights

  • Formal Dining Room
  • Forced Air Cooling System
  • Fenced
  • 2 Car Detached Garage

About This Home

As of August 2021

Roll up your sleeves and bring your fixer upper skills to make this spacious 3 bedroom the home of your dreams! Solid 2.5 story on full lot with 2 stall garage needs some love but has TONS of potential or would offer tremendous cash flow for the savvy investor! New roof on the garage. Maintenance free siding. Homes offering this much for this little are EXTREMELY scarce in this crazy market so check it out before it's too late!

Last Agent to Sell the Property

Curtis Cleveland

Realty87 Listed on: 06/01/2021

Realty87

Last Buyer's Agent

Charlie Randell

Realty87

Realty87

Home Details

Home Type

  • Single Family

Year Built

  • 1905

Lot Details

  • Lot Dimensions are 40x140
  • Fenced

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,652 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Utilities

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

Home Details

Home Type

Single Family

Year Built

1905

Lot Details

0 Sq Ft Lot

Listing Details

  • Style: Over 2 Stories
  • Above Grade Finished Sq Ft: 1652
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 1498
  • List User Cell Phone: 319-360-0708
  • Miscellaneous: Fencing
  • Net Tax: 1498
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.75125
  • Ratio Close Price By Original Li: 0.69337
  • Ratio Current Price By Sq Ft: 27.24
  • Total Sq Ft: 1652
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1905

Interior Features

  • Appliances Included: Water Heater – Gas
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 2: 3
  • Fireplace Features: Built In, Living Room
  • Level 2 Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached, Off Street Parking

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Lot Info

  • Lot Size: 40x140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Sep 17, 2021
Sold by
Jb Property Management Llc
Bought by
Wingshooter Properties Llc
Seller's Agent
Curtis Cleveland
Realty87
Buyer's Agent
Charlie Randell
Realty87
List Price
$64,900
Sold Price
$45,000
Premium/Discount to List
-$19,900
-30.66%
Current Estimated Value
$105,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,215
Avg. Annual Appreciation
20.33%
Original Mortgage
$102,000
Outstanding Balance
$90,156
Interest Rate
2.86%
Estimated Equity
$15,059

Purchase Details

Closed on
Mar 28, 2008
Sold by
Brandt Jason D and Brandt Jennifer L
Bought by
Jb Property Management Llc

Purchase Details

Closed on
Jan 2, 2007
Sold by
Ameriquest Mortgage Co
Bought by
Brandt Jason and Brandt Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.24%
Mortgage Type
Unknown
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
Wingshooter Properties Llc $45,000 None Available
Jb Property Management Llc -- None Available
Brandt Jason $19,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wingshooter Properties Llc $102,000
Previous Owner Brandt Jason $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2021 08/22/21 Pending -- -- --
08/18/2021 08/18/21 Sold $45,000 -24.9% $27 / Sq Ft
07/22/2021 07/22/21 Price Changed $59,900 -7.7% $36 / Sq Ft
06/01/2021 06/01/21 For Sale $64,900 -- $39 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

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 $1,270 $84,900 $25,000 $59,900
2024 $1,374 $80,800 $22,000 $58,800
2023 $1,374 $71,800 $19,000 $52,800
2022 $1,410 $65,100 $19,000 $46,100
2021 $1,450 $68,100 $16,000 $52,100
2020 $1,450 $65,700 $16,000 $49,700
2019 $1,352 $62,700 $14,000 $48,700
Source: Public Records

Agents Affiliated with this Home

  • Curtis Cleveland

    Seller's Agent in 2021

    Curtis Cleveland

    Realty87

    (319) 360-0708

    20 in this area

    145 Total Sales

    Curtis Cleveland
    Section Image
  • Charlie Randell

    Buyer's Agent in 2021

    Charlie Randell

    Realty87

    (319) 316-3346

    2 in this area

    21 Total Sales

    Charlie Randell
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2103621

Cedar Rapids Area Association of REALTORS®

APN: 14223-04023-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1418 5th Ave SE, Cedar Rapids, IA

Not Listed for Sale

Detached

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