NOT LISTED FOR SALE

1502 8th Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $65,000 - $102,000

2 Beds
1 Bath
1,104 Sq Ft
$79/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $45,000 $41 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $551/month

93 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Forced Air Cooling System

About This Home

As of November 2020

New price new offer instructions. Really cute home situated close within walking distance to NewBo, Med Quarters, College District. Currently rented for $782 and they tenants will stay if an investor is interested. Updated kitchen and bath, formal dining room original wood trim and new metal roof and furnace. The two bedrooms have plenty of closets for storage along with the basement . Tenant rights must give 24 hr notice.

Last Agent to Sell the Property

Penny Novak

SKOGMAN REALTY Listed on: 07/17/2020

SKOGMAN REALTY

Last Buyer's Agent

Cassie Shouse

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $976

Year Built

  • 1910

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 28x70

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,104 Sq Ft Home
  • 1.5-Story Property
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Disposal

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$976

Year Built

1910

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.0700
  • Above Grade Finished Sq Ft: 1104
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 976
  • List User Cell Phone: 319-981-3484
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 976
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.90180
  • Ratio Close Price By Original Li: 0.60403
  • Ratio Current Price By Sq Ft: 40.76
  • Total Sq Ft: 1104
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1910

Interior Features

  • Appliances Included: Disposal, Hood Fan, Range, Refrigerator, Water Heater – Gas
  • 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: Vinyl

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 28x70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Nov 13, 2020
Sold by
Hanson Property Management Llc
Bought by
Delgado Roberto
Seller's Agent
Penny Novak
SKOGMAN REALTY
Buyer's Agent
Cassie Shouse
RE/MAX CONCEPTS
List Price
$69,900
Sold Price
$45,000
Premium/Discount to List
-$24,900
-35.62%
Current Estimated Value
$86,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,802
Avg. Annual Appreciation
14.06%

Purchase Details

Closed on
Jun 4, 2015
Sold by
Hanson Chad M and Hanson Angela A
Bought by
Hanson Property Management Llc

Purchase Details

Closed on
May 31, 2011
Sold by
Federal National Mortgage Association
Bought by
Hanson Chad M and Hanson Angela A

Purchase Details

Closed on
Mar 8, 2006
Sold by
Citifinancial Mortgage Co Inc
Bought by
Skiye Larry and Skiye Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,200
Interest Rate
6.38%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 17, 2001
Sold by
Helmick Harmon W and Helmick Bonnie J
Bought by
Collins Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,775
Interest Rate
7.03%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Delgado Roberto $45,000 None Available
Hanson Property Management Llc -- None Available
Hanson Chad M -- None Available
Skiye Larry $57,500 None Available
Collins Julie A $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delgado Roberto $76,000
Previous Owner Hanson Chad M $50,000
Previous Owner Skiye Larry $52,200
Previous Owner Collins Julie A $55,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $45,000 -9.8% $41 / Sq Ft
10/18/2020 10/18/20 Pending -- -- --
10/05/2020 10/05/20 Price Changed $49,900 -16.7% $45 / Sq Ft
09/15/2020 09/15/20 Price Changed $59,900 -14.3% $54 / Sq Ft
08/18/2020 08/18/20 For Sale $69,900 0.0% $63 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
07/31/2020 07/31/20 Price Changed $69,900 -6.2% $63 / Sq Ft
07/17/2020 07/17/20 For Sale $74,500 -- $67 / 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 $1,112 $67,700 $11,200 $56,500
2023 $1,112 $65,300 $9,700 $55,600
2022 $1,112 $52,700 $9,700 $43,000
2021 $1,086 $53,700 $8,200 $45,500
2020 $1,086 $49,200 $8,200 $41,000
2019 $976 $45,300 $7,100 $38,200
2018 $950 $45,300 $7,100 $38,200
2017 $950 $44,300 $7,100 $37,200
2016 $942 $44,300 $7,100 $37,200
2015 $1,014 $47,666 $7,138 $40,528
2014 $1,014 $47,666 $7,138 $40,528
2013 $992 $47,666 $7,138 $40,528
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Penny Novak

    SKOGMAN REALTY

    Section Image
  • Cassie Shouse

    Buyer's Agent in 2020

    Cassie Shouse

    RE/MAX

    (319) 551-1565

    1 in this area

    22 Total Sales

    Cassie Shouse
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2005192

Cedar Rapids Area Association of REALTORS®

APN: 14223-79022-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1502 8th Ave SE, Cedar Rapids, IA

This home is located at 1502 8th Ave SE, Cedar Rapids, IA 52403 since 17 July 2020 and is currently estimated at $86,802, approximately $78 per square foot. This property was built in 1910. 1502 8th 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.

Nearby Homes