NOT LISTED FOR SALE

1432 7th Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $127,000 - $132,360

-- Bed
1 Bath
1,307 Sq Ft
$99/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $15,000 $11 Per Sq Ft

Est. 759% increase in value since last sale

Current estimated payment $816/month

49 Days on Market

About This Home

As of September 2019

House ready for rehab: Interior demo work has been done; only outer wall studs remain. Located on a corner lot, great opportunity for
professional contractors / flippers or skilled individuals. Walking distance to McKinley Middle School. See Notes in Agent Remarks Section.

Last Agent to Sell the Property

Daniel Nosbish

SKOGMAN REALTY Listed on: 05/02/2019

SKOGMAN REALTY

Last Buyer's Agent

Brian Hanna

SKOGMAN REALTY

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Year Built

  • 1905

Lot Details

  • Lot Dimensions are 45 x 75

Parking

  • On-Street Parking

Home Design

  • Frame Construction

Interior Spaces

  • Primary bedroom located on second floor
  • 1,307 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Home Details

Home Type

Single Family

Year Built

1905

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1307
  • City Name: Cedar Rapids
  • Gross Tax: 694
  • List User Cell Phone: 319-360-6139
  • Net Tax: 694
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.68182
  • Ratio Close Price By Original Li: 0.68182
  • Ratio Current Price By Sq Ft: 11.48
  • Total Sq Ft: 1307
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1905

Interior Features

  • Basement: Full
  • Basement: Yes
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame

Garage/Parking

  • Garage/Parking: On Street Parking

Lot Info

  • Lot Size: 45 X 75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2020
Sold by
Mods Market Llc
Bought by
Williams Madteets
Current Estimated Value
$128,840

Purchase Details

Listed on
May 2, 2019
Closed on
Sep 30, 2019
Sold by
Harsh Richard and Harsh Richard Shane
Bought by
Mods Market Llc
Seller's Agent
Daniel Nosbish
SKOGMAN REALTY
Buyer's Agent
Brian Hanna
SKOGMAN REALTY
List Price
$22,000
Sold Price
$15,000
Premium/Discount to List
-$7,000
-31.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.86%
Original Mortgage
$50,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 30, 1998
Sold by
Garmari Anton and Garmari Adeline M
Bought by
Gaskins Frank A and Gaskins Carrie H
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
Williams Madteets -- None Available
Mods Market Llc $15,000 None Available
Gaskins Frank A $22,000 C I Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mods Market Llc $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Sold $15,000 -31.8% $11 / Sq Ft
06/20/2019 06/20/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $22,000 -- $17 / 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 $1,646 $123,800 $20,900 $102,900
2024 $1,794 $105,400 $18,400 $87,000
2023 $1,794 $93,000 $15,900 $77,100
2022 $1,568 $85,100 $15,900 $69,200
2021 $574 $75,700 $13,400 $62,300
2020 $694 $26,000 $13,400 $12,600
2019 $917 $32,300 $11,700 $20,600
2018 $676 $32,300 $11,700 $20,600
2017 $1,253 $32,700 $11,700 $21,000
2016 $1,140 $53,600 $11,700 $41,900
2015 $1,139 $53,493 $11,689 $41,804
2014 $1,331 $53,493 $11,689 $41,804
2013 $835 $53,493 $11,689 $41,804
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Daniel Nosbish

    SKOGMAN REALTY

    13 Total Sales

    Daniel Nosbish
    Section Image

  • B

    Buyer's Agent in 2019

    Brian Hanna

    SKOGMAN REALTY

    (319) 777-1854

    6 in this area

    35 Total Sales

    Brian Hanna
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1903240

Cedar Rapids Area Association of REALTORS®

APN: 14223-77003-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1432 7th Ave SE, Cedar Rapids, IA

Not Listed for Sale

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