$108,500
SOLD AUG 4, 2021
2 Beds
1 Bath
1,193 Sq Ft
6,621 Sq Ft Lot

Recently Sold

$91 Per Sq Ft

7% Below List Price

Highlights

  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Central Air
  • 2 Car Detached Garage

About This Home

As of July 2024

This home is located at 1502 1st St SW, Cedar Rapids, IA 52404 and is currently priced at $108,500, approximately $90 per square foot. This property was built in 1900. 1502 1st St SW is a home located in Linn County with nearby schools including Cedar River Academy at Taylor Elementary School, Wilson Middle School, and Thomas Jefferson High School.

Last Agent to Sell the Property

Jeremy Trenkamp

Realty87 Listed on: 06/18/2021

Realty87

Last Buyer's Agent

Jeremy Trenkamp

Realty87 Listed on: 06/18/2021

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,732

Year Built

  • 1900

Lot Details

  • 6,621 Sq Ft Lot
  • Lot Dimensions are 55 x 120

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,193 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,732

Year Built

1900

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.1520
  • Above Grade Finished Sq Ft: 1193
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 1732
  • House Size: 1193
  • List User Cell Phone: 319-270-1323
  • Net Tax: 1732
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.92735
  • Ratio Close Price By Original Li: 0.92735
  • Ratio Current Price By Sq Ft: 90.95
  • Total Sq Ft: 1193
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Appliances Included: Range, Refrigerator
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 1
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 8

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 2 Cars, Detached

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

  • Elementary School: Taylor
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: 55 X 120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Jul 23, 2024
Sold by
Mra Real Estate Llc
Bought by
Burant Austin
Seller's Agent
Jeremy Trenkamp
Realty87
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$129,900
Sold Price
$123,000
Premium/Discount to List
-$6,900
-5.31%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.07%
Original Mortgage
$164,000
Outstanding Balance
$161,454
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$9,378

Purchase Details

Listed on
Jun 18, 2021
Closed on
Aug 4, 2021
Sold by
Janus Real Estate Llc
Bought by
Mra Real Estate Llc
Seller's Agent
Jeremy Trenkamp
Realty87
Buyer's Agent
Jeremy Trenkamp
Realty87
List Price
$117,000
Sold Price
$108,500
Premium/Discount to List
-$8,500
-7.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$108,252
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 18, 2018
Sold by
Wells Fargo Bank N A
Bought by
Janus Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,121
Interest Rate
4.32%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 17, 2017
Sold by
Sheriff Of Linn County
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Apr 22, 2008
Sold by
Wendt Dale and Wendt Ann E
Bought by
Stephens Erika L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,915
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $123,000 None Listed On Document
Warranty Deed $108,500 None Available
Special Warranty Deed $50,827 None Available
Sheriffs Deed $56,800 None Available
Warranty Deed $74,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $164,000 New Conventional
Previous Owner $108,252 Future Advance Clause Open End Mortgage
Previous Owner $54,121 Stand Alone Refi Refinance Of Original Loan
Previous Owner $69,375 FHA
Previous Owner $73,915 Purchase Money Mortgage
Previous Owner $5,145 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2025 08/02/25 Price Changed $159,000 -3.3% $133 / Sq Ft
07/07/2025 07/07/25 For Sale $164,500 +33.7% $138 / Sq Ft
07/24/2024 07/24/24 Sold $123,000 -5.3% $103 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
06/24/2024 06/24/24 For Sale $129,900 +19.7% $109 / Sq Ft
08/04/2021 08/04/21 Sold $108,500 -7.3% $91 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $117,000 -- $98 / 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 $1,986 $100,600 $26,100 $74,500
2023 $1,986 $96,000 $26,100 $69,900
2022 $1,794 $94,200 $26,100 $68,100
2021 $1,864 $86,600 $23,500 $63,100
2020 $1,864 $84,500 $23,500 $61,000
2019 $1,432 $66,400 $20,900 $45,500
2018 $1,208 $66,400 $20,900 $45,500
2017 $1,296 $68,000 $20,900 $47,100
2016 $1,239 $58,300 $17,800 $40,500
2015 $1,345 $63,225 $17,765 $45,460
2014 $1,160 $63,225 $17,765 $45,460
2013 $1,130 $63,225 $17,765 $45,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2104180

Cedar Rapids Area Association of REALTORS®

APN: 14284-64001-00000