NOT LISTED FOR SALE

1428 7th Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $123,000 - $157,691

3 Beds
2 Baths
1,144 Sq Ft
$127/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $154,500 $135 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $867/month

5 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Breakfast Bar
  • Fenced
  • Forced Air Cooling System

About This Home

As of June 2023

This home has been entirely remodeled and is currently a profitable Airbnb. All mechanicals, plumbing, electrical, doors, windows, roof have been replaced just over 1 year ago. Enjoy a stylish life in this beautiful home, with a Cozy private backyard with a fire-pit. Minutes from Downtown, MedQuarter & New-Bo

Last Agent to Sell the Property

Brian Hanna

SKOGMAN REALTY Listed on: 04/28/2023

SKOGMAN REALTY

Last Buyer's Agent

Sara Kruse

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $702

Year Built

  • 1915

Lot Details

  • 2,483 Sq Ft Lot
  • Fenced

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$702

Year Built

1915

Lot Details

0

Listing Details

  • Style: Free Standing
  • Acres: 0.0570
  • Above Grade Finished Sq Ft: 644
  • Total Bathrooms: 2.00
  • Lower Level Bedroom: 2
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar
  • Gross Tax: 702
  • List User Cell Phone: 319-777-1854
  • Low Lvl Fin Sq Ft: 500
  • Miscellaneous: Cable Ready, Fencing
  • Net Tax: 702
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.08042
  • Ratio Close Price By Original Li: 1.08042
  • Ratio Current Price By Sq Ft: 239.91
  • Total Sq Ft: 1144
  • Taxable Value Tv: 72000.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1915

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer, Water Heater – Gas
  • Basement: Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 1
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 2475

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jun 14, 2023
Sold by
Mods Enterprises Llc
Bought by
Milligan Derek
Seller's Agent
Brian Hanna
SKOGMAN REALTY
Buyer's Agent
Sara Kruse
Pinnacle Realty LLC
List Price
$143,000
Sold Price
$154,500
Premium/Discount to List
$11,500
8.04%
Views
105
Current Estimated Value
$145,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,077
Avg. Annual Appreciation
-8.73%
Original Mortgage
$151,699
Outstanding Balance
$148,438
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
-$20,323

Purchase Details

Closed on
Apr 12, 2021
Sold by
Hartley David E and Hartley Margie F
Bought by
Mods Enterprises Llc
Source: Public Records

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Range of Values:

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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
Milligan Derek $154,500 None Listed On Document
Mods Enterprises Llc $20,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milligan Derek $151,699
Previous Owner Mods Enterprises Llc $89,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $154,500 +8.0% $135 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $143,000 -- $125 / 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 $810 $72,000 $11,400 $60,600
2022 $702 $38,400 $11,400 $27,000
2021 $710 $33,900 $9,600 $24,300
2020 $710 $32,200 $9,600 $22,600
2019 $636 $29,500 $8,400 $21,100
2018 $618 $29,500 $8,400 $21,100
2017 $606 $28,400 $8,400 $20,000
2016 $606 $28,500 $8,400 $20,100
2015 $690 $32,443 $8,432 $24,011
2014 $930 $32,443 $8,432 $24,011
2013 $856 $32,443 $8,432 $24,011
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Brian Hanna

    SKOGMAN REALTY

    (319) 777-1854

    6 in this area

    38 Total Sales

    Brian Hanna
    Section Image

  • S

    Buyer's Agent in 2023

    Sara Kruse

    Pinnacle Realty LLC

    (319) 329-0619

    1 in this area

    38 Total Sales

    Sara Kruse
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2302650

Cedar Rapids Area Association of REALTORS®

APN: 14223-77004-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1428 7th Ave SE, Cedar Rapids, IA

This home is located at 1428 7th Ave SE, Cedar Rapids, IA 52403 since 28 April 2023 and is currently estimated at $145,423, approximately $127 per square foot. This property was built in 1915. 1428 7th Ave SE is a home located in Linn County with nearby schools including Johnson Elementary School, McKinley STEAM Academy, and George Washington High School.

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