NOT LISTED FOR SALE

1460 Linmar Dr NE Cedar Rapids, IA 52402

Estimated Value: $212,000 - $263,000

2 Beds
2.5 Baths
1,985 Sq Ft
$119/Sq Ft Est. Value

Last Sold July 31, 2015

Last sale price $118,000 $59 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,613/month

24 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Formal Dining Room
  • John F. Kennedy High School Rated A-
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of July 2015

Investor Alert!!! Great N.E. neighborhood nestled in beautiful mature trees. Kennedy School district, in needs of updating. Priced accordingly and well below assessed value, being sold "as is"

Last Listed By

Brooke Zrudsky

Pinnacle Realty LLC Listed on: 06/05/2015

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • 1973

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 94 x 112
  • Wooded Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Home Details

Home Type

Single Family

Year Built

1973

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2400
  • Above Grade Finished Sq Ft: 1344
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 3450
  • List User Cell Phone: 319-899-2565
  • Low Lvl Fin Sq Ft: 641
  • Miscellaneous: Cable Ready, Deck, Satellite Dish
  • Net Tax: 3264
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98415
  • Ratio Close Price By Original Li: 0.98415
  • Ratio Current Price By Sq Ft: 87.80
  • Total Sq Ft: 1985
  • Taxable Value Tv: 148000.00
  • Tax Roll Number: 141620601100000
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: RES
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1973

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 3 Seasons, Living Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Family Room, Wood Burning
  • Level 1 Full Bathrooms: 2
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 6
  • Site Description: Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Brick, Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 572

Utilities

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

Schools

  • Elementary School: Pierce
  • Middle School: Franklin
  • High School: Kennedy

Lot Info

  • Lot Size: 94 X 112

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2016
Sold by
Teymer Lori A and Rotter Lori A
Bought by
Rotter Eric
Total Days on Market
24
Current Estimated Value
$236,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,420
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2015
Sold by
Teymer Lori Ann
Bought by
Rotter Eric Dale

Purchase Details

Listed on
Jun 5, 2015
Closed on
Sep 10, 2015
Sold by
Rotter Eric and Rotter Lori A
Bought by
Rotter Eric and Rotter Lori A
Seller's Agent
Brooke Zrudsky
Pinnacle Realty LLC
Buyer's Agent
Doug Junge
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$119,900
Sold Price
$118,000
Premium/Discount to List
-$1,900
-1.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%
Original Mortgage
$94,400
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 5, 2015
Closed on
Jul 30, 2015
Sold by
Northup Earl A and Northup Evelina Francisco
Bought by
Rotter Eric
Seller's Agent
Brooke Zrudsky
Pinnacle Realty LLC
Buyer's Agent
Doug Junge
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$119,900
Sold Price
$118,000
Premium/Discount to List
-$1,900
-1.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

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Average Value
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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
Rotter Eric -- None Available
Rotter Eric Dale -- None Available
Rotter Eric -- None Available
Rotter Eric $118,000 Midwest Community Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rotter Eric $20,600
Open Rotter Eric $117,000
Closed Rotter Eric $39,000
Closed Rotter Eric Dale $118,420
Previous Owner Northup Earl A $94,400
Previous Owner Northup Earl A $64,300
Previous Owner Northup Earl A $36,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2015 07/31/15 Sold $118,000 -1.6% $59 / Sq Ft
06/29/2015 06/29/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $119,900 -- $60 / 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 $3,632 $199,300 $45,000 $154,300
2022 $3,450 $181,100 $40,700 $140,400
2021 $3,584 $175,500 $40,700 $134,800
2020 $3,584 $171,000 $34,300 $136,700
2019 $3,302 $161,700 $34,300 $127,400
2018 $3,068 $161,700 $34,300 $127,400
2017 $3,088 $150,300 $34,300 $116,000
2016 $3,075 $148,000 $34,300 $113,700
2015 $2,890 $169,076 $38,543 $130,533
2014 $3,342 $169,076 $38,543 $130,533
2013 $3,264 $169,076 $38,543 $130,533
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1504566

Cedar Rapids Area Association of REALTORS®

APN: 14162-06011-00000