NOT LISTED FOR SALE

1501 4th Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $51,000 - $101,000

2 Beds
1 Bath
972 Sq Ft
$79/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $40,000 $41 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $493/month

45 Days on Market

Highlights

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

About This Home

As of April 2022

This home is located at 1501 4th Ave SE, Cedar Rapids, IA 52403 since 03 February 2022 and is currently estimated at $76,467, approximately $78 per square foot. This property was built in 1910. 1501 4th Ave SE is a home located in Linn County with nearby schools including Johnson STEAM Academy, McKinley STEAM Academy, and Boyd County High School.

Last Agent to Sell the Property

Jeff Wenthe

SKOGMAN REALTY Listed on: 02/03/2022

SKOGMAN REALTY

Last Buyer's Agent

Ryan Eighme

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • 1910

Lot Details

  • 2,309 Sq Ft Lot
  • Lot Dimensions are 31 x 75

Parking

  • On-Street Parking

Home Design

  • Frame Construction

Interior Spaces

  • 972 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Year Built

1910

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.0530
  • Above Grade Finished Sq Ft: 972
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 1056
  • List User Cell Phone: 319-310-3673
  • Net Tax: 866
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.88889
  • Ratio Close Price By Original Li: 0.80000
  • Ratio Current Price By Sq Ft: 41.15
  • Total Sq Ft: 972
  • Taxable Value Tv: 49900.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1910

Interior Features

  • Appliances Included: Water Heater – Gas
  • Additional Room: Living Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: On Street Parking

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Lot Info

  • Lot Size: 31 X 75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
Apr 13, 2022
Sold by
Davenport Robert Edwin
Bought by
Bb Properties Llc
Seller's Agent
Jeff Wenthe
SKOGMAN REALTY
Buyer's Agent
Ryan Eighme
Pinnacle Realty LLC
List Price
$50,000
Sold Price
$40,000
Premium/Discount to List
-$10,000
-20%
Current Estimated Value
$76,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,467
Avg. Annual Appreciation
19.84%
Original Mortgage
$32,000
Outstanding Balance
$29,203
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$47,264

Purchase Details

Closed on
Feb 22, 2006
Sold by
Davenport Vicki A
Bought by
Davenport Robert E

Purchase Details

Closed on
Jan 9, 1998
Sold by
Finance Authority
Bought by
Davenport Robert E and Davenport Vickie A
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
Bb Properties Llc $40,000 --
Davenport Robert E -- None Available
Davenport Robert E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bb Properties Llc $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2022 04/22/22 Sold $40,000 -11.1% $41 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
03/15/2022 03/15/22 Price Changed $45,000 -10.0% $46 / Sq Ft
02/03/2022 02/03/22 For Sale $50,000 -- $51 / 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 $1,076 $69,100 $14,100 $55,000
2024 $1,038 $63,300 $12,400 $50,900
2023 $1,038 $60,800 $10,700 $50,100
2022 $1,034 $49,200 $10,700 $38,500
2021 $1,012 $49,900 $9,100 $40,800
2020 $1,012 $45,900 $9,100 $36,800
2019 $910 $42,200 $7,900 $34,300
2018 $884 $42,200 $7,900 $34,300
2017 $880 $41,400 $7,900 $33,500
2016 $880 $41,400 $7,900 $33,500
2015 $882 $41,467 $7,921 $33,546
2014 $882 $41,467 $7,921 $33,546
2013 $864 $41,467 $7,921 $33,546
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jeff Wenthe

    SKOGMAN REALTY

    (319) 310-3673

    1 in this area

    42 Total Sales

    Jeff Wenthe
    Section Image
  • Ryan Eighme

    Buyer's Agent in 2022

    Ryan Eighme

    Pinnacle Realty LLC

    (319) 721-6099

    10 in this area

    131 Total Sales

    Ryan Eighme
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2200577

Cedar Rapids Area Association of REALTORS®

APN: 14223-03017-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1501 4th Ave SE, Cedar Rapids, IA

Not Listed for Sale

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