NOT LISTED FOR SALE

1501 Memorial Dr SE Cedar Rapids, IA 52403

Estimated Value: $221,000 - $246,000

3 Beds
2 Baths
2,260 Sq Ft
$102/Sq Ft Est. Value

Last Sold December 30, 2013

Last sale price $148,500 $66 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,459/month

44 Days on Market

Highlights

  • Recreation Room
  • Formal Dining Room
  • Forced Air Cooling System
  • Ranch Style House
  • 2 Car Detached Garage
  • 3-minute walk to Van Vechten Park

About This Home

As of December 2013

Wonderful gem with numerous updates located on a corner lot in a desirable neighborhood. This 2260 square foot ranch shows like new. New siding was done in 2011, new garage door in 2008, all new plumbing throughout in '08, and new windows throughout. Nice size kitchen with white cabinets and white trim, New appliances in 2012, Nice bright kitchen with large windows. Large dining room and living area with wood fireplace, and cove ceiling. Recently all painted. Large picture window in living room and all windows have low E Argon gas. Nice built ins add lots of character to this spacious living area. the 970 square foot lower level was all redone in 2008-2009 with new upgraded carpet, sink, bar, and built ins in the rec room. New lower level bath and 2 bonus rooms to use as office or play area. New driveway and extra large 2 car garage. Definitely a home you will want to see and appreciate.

Last Agent to Sell the Property

Sara Vancura

SKOGMAN REALTY Listed on: 10/13/2013

Last Buyer's Agent

Brian Hoel

SKOGMAN REALTY

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,444

Year Built

  • 1956

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Whole House Fan
  • Wood Burning Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom located on second floor

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Patio
  • Lot Dimensions are 71 x 121

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,444

Year Built

1956

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1290
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 2444
  • List User Cell Phone: 319-533-0760
  • Low Lvl Fin Sq Ft: 970
  • Miscellaneous: Cable Ready, Patio, Whole House Fan
  • Net Tax: 2418
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99066
  • Ratio Close Price By Original Li: 0.96117
  • Ratio Current Price By Sq Ft: 115.12
  • Total Sq Ft: 2260
  • Taxable Value Tv: 133563.00
  • Tax Roll Number: 142628100100000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Hood Fan, Range, Refrigerator
  • Additional Room: Living Room, Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Wood Burning
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached
  • Garage Size: 22X24

Utilities

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

Lot Info

  • Lot Size: 71 X 121

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2013
Closed on
Dec 27, 2013
Sold by
Smeby Chad A and Smeby Laura S
Bought by
Jones John P and Jones Sandra K
Seller's Agent
Sara Vancura
SKOGMAN REALTY
Buyer's Agent
Brian Hoel
SKOGMAN REALTY
List Price
$154,500
Sold Price
$148,500
Premium/Discount to List
-$6,000
-3.88%
Current Estimated Value
$231,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,810
Avg. Annual Appreciation
3.79%
Original Mortgage
$14,850
Interest Rate
4.23%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 23, 1999
Sold by
Burgess Virginia A
Bought by
Smeby Chad A and Hickman Laura S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,900
Interest Rate
6.85%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jones John P $148,500 None Available
Smeby Chad A $94,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jones John P $14,850
Previous Owner Smeby Chad A $96,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2013 12/30/13 Sold $148,500 -3.9% $66 / Sq Ft
11/26/2013 11/26/13 Pending -- -- --
10/13/2013 10/13/13 For Sale $154,500 -- $68 / 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 $2,842 $222,000 $38,500 $183,500
2024 $3,316 $202,100 $38,500 $163,600
2023 $3,316 $186,700 $33,200 $153,500
2022 $2,850 $169,500 $33,200 $136,300
2021 $2,956 $150,000 $29,700 $120,300
2020 $2,956 $145,900 $24,500 $121,400
2019 $2,700 $137,000 $24,500 $112,500
2018 $2,618 $137,000 $24,500 $112,500
2017 $2,739 $133,300 $24,500 $108,800
2016 $2,739 $132,200 $24,500 $107,700
2015 $2,771 $133,563 $27,984 $105,579
2014 $2,586 $133,563 $27,984 $105,579
2013 $2,524 $133,563 $27,984 $105,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1307104

Cedar Rapids Area Association of REALTORS®

APN: 14262-81001-00000