NOT LISTED FOR SALE

1500 3rd Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $144,000 - $252,387

5 Beds
4 Baths
3,021 Sq Ft
$59/Sq Ft Est. Value

Last Sold July 05, 2019

Last sale price $105,000 $35 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,190/month

6 Days on Market

Highlights

  • Formal Dining Room
  • Forced Air Cooling System
  • Family Room

About This Home

As of July 2019

***HOUSE IS UNDER CONTRACT***UPDATES GALORE ON THE INSIDE. AMPLE KITCHEN CABINETS WITH GRANITE COUNTER TOPS. ALL APPLIANCES TO REMAIN (STACKABLE WASHER AND DRYER TOO). LOTS OF ROOM TO SPREAD OUT IN THIS LOVELY 2 STORY WITH TONS OF CHARACTER. HUGE BEDROOMS. UPDATED BATHS. UPDATED ELECTRICAL AND HVAC. EXTERIOR NEEDS PAINT AND SOME CARPENTRY WORK. THERE'S NOTHING LIKE THIS ONE.

Last Agent to Sell the Property

Tim Nye

GRAF HOME SELLING TEAM & ASSOCIATES Listed on: 05/22/2019

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,062

Year Built

  • 1894

Lot Details

  • Lot Dimensions are 60 x 88

Home Design

  • Frame Construction

Interior Spaces

  • 3,021 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,062

Year Built

1894

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 3021
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 2062
  • List User Cell Phone: 319-329-2794
  • Miscellaneous: Cable Ready
  • Net Tax: 2062
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 34.76
  • Total Sq Ft: 3021
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1894

Interior Features

  • Appliances Included: Dishwasher, Dryer, Hood Fan, Microwave, Range, Refrigerator, Washer
  • Additional Room: 1st Floor Family
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 4
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 4
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 3
  • Master Bedroom Level: Level 2
  • Room Count: 10

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Utilities

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

Schools

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

Lot Info

  • Lot Size: 60 X 88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2019
Closed on
Jul 2, 2019
Sold by
Tim Schrock Carpentry Inc
Bought by
Boyer Charles
Seller's Agent
Tim Nye
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$105,000
Sold Price
$105,000
Current Estimated Value
$178,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,597
Avg. Annual Appreciation
8.99%
Original Mortgage
$10,500
Outstanding Balance
$9,219
Interest Rate
3.82%
Mortgage Type
Stand Alone Second
Estimated Equity
$169,378

Purchase Details

Closed on
Aug 8, 2016
Sold by
Schrock Tamra
Bought by
Tim Schrock Carpentry Inc

Purchase Details

Closed on
Dec 29, 2015
Sold by
Schrock Tamra
Bought by
Schrock Timothy D

Purchase Details

Listed on
Apr 1, 2014
Closed on
Mar 19, 2015
Sold by
Shaw Maj Britt L and Shaw Larry F
Bought by
Tim Schrock Carpentry Inc
Seller's Agent
Jim Willmsen
RE/MAX CONCEPTS
Buyer's Agent
Kim Davis
GATEWAY ACCESS REALTY
List Price
$109,900
Sold Price
$92,900
Premium/Discount to List
-$17,000
-15.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$83,000
Interest Rate
3.67%
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 Buyer Sale Price Title Company
Boyer Charles $105,000 None Available
Tim Schrock Carpentry Inc -- None Available
Schrock Timothy D -- None Available
Tim Schrock Carpentry Inc $93,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyer Charles $10,500
Open Boyer Charles $94,500
Previous Owner Tim Schrock Carpentry Inc $83,000
Previous Owner Shaw Larry F $98,000
Previous Owner Shaw Larry F $35,000
Previous Owner Shaw Larry F $25,000
Previous Owner Shaw Larry F $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2019 07/05/19 Sold $105,000 0.0% $35 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $105,000 +13.0% $35 / Sq Ft
03/24/2015 03/24/15 Sold $92,900 -15.5% $31 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
04/01/2014 04/01/14 For Sale $109,900 -- $36 / 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 $2,610 $153,700 $27,100 $126,600
2023 $2,610 $135,700 $23,400 $112,300
2022 $345 $123,700 $23,400 $100,300
2021 $2,262 $109,900 $19,700 $90,200
2020 $2,262 $102,500 $19,700 $82,800
2019 $2,120 $98,400 $17,200 $81,200
2018 $2,062 $98,400 $17,200 $81,200
2017 $2,062 $102,200 $17,200 $85,000
2016 $2,172 $102,200 $17,200 $85,000
2015 $2,002 $94,104 $17,220 $76,884
2014 $2,002 $112,139 $17,220 $94,919
2013 $2,336 $112,139 $17,220 $94,919
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tim Nye

    GRAF HOME SELLING TEAM & ASSOCIATES

    60 Total Sales

    Tim Nye
    Section Image

  • D

    Buyer's Agent in 2019

    Donald Fieldhouse

    Cedar Rapids Area Association of REALTORS

    (239) 774-6598

    34 in this area

    4,950 Total Sales

    Donald Fieldhouse
    Section Image
  • Jim Willmsen

    Seller's Agent in 2015

    Jim Willmsen

    RE/MAX

    (319) 743-7202

    1 in this area

    68 Total Sales

    Jim Willmsen
    Section Image

  • K

    Buyer's Agent in 2015

    Kim Davis

    GATEWAY ACCESS REALTY

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1903805

Cedar Rapids Area Association of REALTORS®

APN: 14222-79017-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1500 3rd Ave SE, Cedar Rapids, IA

This home is located at 1500 3rd Ave SE, Cedar Rapids, IA 52403 since 22 May 2019 and is currently estimated at $178,597, approximately $59 per square foot. This property was built in 1894. 1500 3rd Ave SE is a home located in Linn County with nearby schools including Johnson STEAM Academy, 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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