Seller's Agent in 2013
Sara Griffin
Realty87
(319) 310-3336
51 Total Sales
Estimated Value: $266,839 - $304,000
4
Beds
1.5
Baths
1,770
Sq Ft
$160/Sq Ft
Est. Value
Highlights
- 4 Car Detached Garage
- Central Air
- Heating System Uses Gas
- Prairie Ridge Elementary School Rated A-
About This Home
As of March 2013*INCLUDES 1505 1/2 STATE ST, ELY. Unique opportunity for this property with a BRAND NEW ROOF. Originally a single family home sits on 3 lots with a Detached Garage has gone through a few transitions. Most of the main level is currently set up for a business with great drive by traffic #'s- approximately 3325 vehicles daily at the corner of State & Dows St. Perfect for a coffee shop, landscape business or let your imagination take over. The rest of the main level has a Kitchen to serve the upstairs 4 bed, 1 bathroom apartment with excellent rental history. Currently marketing in both the single family & commercial markets let this be your next investment opportunity. Or it could certainly be converted back to single family dwelling with minimal work.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,630
Year Built
- 1918
Lot Details
- 0.43 Acre Lot
Home Design
- Frame Construction
Interior Spaces
- 1,770 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
Parking
- 4 Car Detached Garage
- Garage Door Opener
Utilities
- Central Air
- Heating System Uses Gas
- Electric Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2012
Closed on
Feb 28, 2013
Sold by
Rasmussen Properties Llc
Bought by
Takes Tyler J
Seller's Agent
Sara Griffin
Realty87
Buyer's Agent
Sara Griffin
Realty87
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,960
Avg. Annual Appreciation
4.75%
Original Mortgage
$128,000
Outstanding Balance
$89,817
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$195,965
Purchase Details
Closed on
Jun 30, 2006
Sold by
Storm Carol J
Bought by
Rasmussen Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 31, 2000
Sold by
Kotaska Minnie and Hrabak Dennis
Bought by
Storm George D and Storm Carole J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
8.15%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Takes Tyler J | $160,000 | None Available | |
| Rasmussen Properties Llc | $131,500 | None Available | |
| Storm George D | $94,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Takes Tyler J | $128,000 | |
| Previous Owner | Rasmussen Properties Llc | $45,000 | |
| Previous Owner | Rasmussen Properties Llc | $151,000 | |
| Previous Owner | Storm George D | $76,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/01/2013 03/01/13 | Sold | $160,000 | -5.8% | $90 / Sq Ft |
| 01/14/2013 01/14/13 | Pending | -- | -- | -- |
| 08/14/2012 08/14/12 | For Sale | $169,900 | -- | $96 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $3,662 | $238,400 | $33,400 | $205,000 |
| 2022 | $3,596 | $189,400 | $33,400 | $156,000 |
| 2021 | $3,368 | $189,400 | $33,400 | $156,000 |
| 2020 | $3,368 | $168,500 | $33,400 | $135,100 |
| 2019 | $3,014 | $152,100 | $26,800 | $125,300 |
| 2018 | $2,586 | $152,100 | $26,800 | $125,300 |
| 2017 | $2,779 | $156,100 | $26,800 | $129,300 |
| 2016 | $2,779 | $156,100 | $26,800 | $129,300 |
| 2015 | $2,658 | $150,000 | $26,800 | $123,200 |
| 2014 | $2,504 | $150,000 | $26,800 | $123,200 |
| 2013 | $2,362 | $150,000 | $26,800 | $123,200 |
Source: Public Records
Agents Affiliated with this Home
-
Sara Griffin
-
Michael Esker
Seller Co-Listing Agent in 2013
Michael Esker
Realty87
(319) 731-2038
40 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1206041
APN: 18311-31003-00000
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.
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
- 1500 Main St Unit 204
- 1500 Main St
- 1500 Main St Unit 208
- 1500 Main St Unit 207
- 1500 Main St Unit 206
- 1500 Main St Unit 205
- 1500 Main St Unit 203
- 1500 Main St Unit 201
- 1500 Main St Unit 209
- 1500 Main St Unit 204
- 1500 Main St Unit 202
- 1500 Main St Unit 200
- 1285 Pacific St
- 1255 Pacific St
- 4001 Vista Rd
- 2030 Dows St
- 1865 Rock Island Dr
- 1860 Rock Island Dr