$122,000
SOLD DEC 2, 2024

1425 Memorial Dr SE Cedar Rapids, IA 52403

3 Beds
1 Bath
960 Sq Ft
7,144 Sq Ft Lot

Recently Sold

$127 Per Sq Ft

21% Below List Price

32 Days on Market

Highlights

  • Ranch Style House
  • Central Air
  • Heating System Uses Gas
  • No HOA
  • 1 Car Garage
  • 3-minute walk to Van Vechten Park

About This Home

As of December 2024

Welcome to this 3-bedroom, 1-bath ranch home, built in 1956, offering timeless charm and modern comfort. Located in an established neighborhood, this cozy home is ideal for first-time buyers looking for a great place to start! Step inside to find a bright and spacious living room with large windows that bring in plenty of natural light. All three bedrooms are generously sized, with closets providing plenty of storage. The basement is a wide open space for activities or to finish how you please...and there is already a working toilet in place for you! With easy access to local parks, schools, and shopping, this home is a great opportunity to own a piece of classic charm with room for your personal touches. Don't miss out—schedule a showing today and make this your new home!

Last Agent to Sell the Property

Emily Drinkwater

Realty87 Listed on: 10/01/2024

Realty87

Last Buyer's Agent

Sam Anderson

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,349

Year Built

  • Built in 1965

Parking

  • 1 Car Garage
  • Carport

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 960 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Range with Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Grant Wood Elementary School
  • Mckinley Middle School
  • Washington High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 14262-79027-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,349

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • NAV29_Unit_1_Appliances: Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Range Hood, Washer
  • Co List Office Phone: 319-378-8760
  • MLS Status: Closed
  • Directions: Mt Vernon Rd to Memorial Dr
  • Above Grade Finished Sq Ft: 960.0
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Reso Interior Features: Main Level Primary
  • New Construction: No
  • Year Built: 1965
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Construction Type: Frame, Vinyl Siding

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Carport, Garage

Utilities

  • Utilities: Cable Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Grant Wood
  • High School: Washington
  • Middle Or Junior School: McKinley

Lot Info

  • Lot Dimensions: --
  • ResoLotSizeUnits: Acres
  • Parcel Number: 14262-79027-00000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2349.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Nov 27, 2024
Sold by
Janish Kaylynn M and Janish Zachary A
Bought by
Carter Jaylon A and Wilson Angel
Seller's Agent
Emily Drinkwater
Realty87
Buyer's Agent
Sam Anderson
RE/MAX CONCEPTS
List Price
$155,000
Sold Price
$122,000
Premium/Discount to List
-$33,000
-21.29%
Views
30
Current Estimated Value
$133,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,320
Avg. Annual Appreciation
9.28%
Original Mortgage
$21,400
Outstanding Balance
$15,695
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$115,046

Purchase Details

Listed on
Jan 13, 2017
Closed on
May 1, 2017
Sold by
Lenoch Jay C and Lenoch Marlene
Bought by
Janish Zachary A and Janish Kaylynn M
Seller's Agent
Boyd D Potter
POTTER REAL ESTATE
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$110,000
Sold Price
$109,500
Premium/Discount to List
-$500
-0.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.44%
Original Mortgage
$87,600
Interest Rate
3.49%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 9, 2011
Sold by
Stusak Bessie L
Bought by
Lenoch Jay C and Lenoch Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
4.02%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Warranty Deed $122,000 None Listed On Document
Warranty Deed -- None Available
Warranty Deed $86,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $21,400 New Conventional
Open $97,600 New Conventional
Previous Owner $87,600 Adjustable Rate Mortgage/ARM
Previous Owner $87,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 Sold $122,000 -9.6% $127 / Sq Ft
11/02/2024 11/02/24 Pending -- -- --
10/28/2024 10/28/24 Price Changed $135,000 -6.9% $141 / Sq Ft
10/21/2024 10/21/24 Price Changed $145,000 -6.5% $151 / Sq Ft
10/01/2024 10/01/24 For Sale $155,000 +41.6% $161 / Sq Ft
05/05/2017 05/05/17 Sold $109,500 -0.5% $114 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
01/13/2017 01/13/17 For Sale $110,000 -- $115 / 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
2024 $2,432 $144,200 $33,600 $110,600
2023 $2,432 $132,700 $29,000 $103,700
2022 $2,094 $124,200 $29,000 $95,200
2021 $2,146 $110,000 $26,000 $84,000
2020 $2,146 $105,900 $21,400 $84,500
2019 $1,964 $99,600 $21,400 $78,200
2018 $1,916 $99,600 $21,400 $78,200
2017 $2,084 $98,800 $21,400 $77,400
2016 $2,084 $98,000 $21,400 $76,600
2015 $2,128 $100,034 $24,440 $75,594
2014 $2,128 $100,034 $24,440 $75,594
2013 $2,082 $100,034 $24,440 $75,594
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Emily Drinkwater

    Realty87

    (319) 350-5748

    48 Total Sales

    Emily Drinkwater
    Section Image

  • S

    Buyer's Agent in 2024

    Sam Anderson

    RE/MAX

    (319) 929-9168

    23 Total Sales

    Sam Anderson
    Section Image

  • B

    Seller's Agent in 2017

    Boyd D Potter

    POTTER REAL ESTATE

    (319) 377-5056

    12 Total Sales

    Boyd D Potter
    Section Image

  • G

    Buyer's Agent in 2017

    Graf Home Selling Team

    GRAF HOME SELLING TEAM & ASSOCIATES

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2406841

Cedar Rapids Area Association of REALTORS®

APN: 14262-79027-00000

Iowa Linn County Cedar Rapids 52403

1425 Memorial Dr SE, Cedar Rapids, IA

This home is located at 1425 Memorial Dr SE, Cedar Rapids, IA 52403 and is currently priced at $122,000, approximately $127 per square foot. This property was built in 1965. 1425 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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