1506 8th Ave SE Cedar Rapids, IA 52403
Wellington Heights NeighborhoodEstimated payment $777/month
Highlights
- Very Popular Property
- Sun or Florida Room
- Formal Dining Room
- Deck
- No HOA
- Forced Air Heating and Cooling System
About This Home
Discover the potential of this classic fixer upper in the Wellington Heights neighborhood. A perfect opportunity for homeowners or investors looking to add value. This property offers plenty of cosmetic improvement possibilities and a buyer may qualify for financing through Neighborhood Finance Corporation. Making this an excellent candidate for renovation and personalized upgrades. Featuring original hardwood floors under the carpet, with brand-new LVP flooring already purchased if you prefer a modern update. Significant seller improvements provide a strong head start! Including a new HVAC system, ventless furnace, central air conditioner, new water heater, new gutters, and renovated bathroom. With its spacious layout, generous fenced in yard, and convenient location near parks, schools, shopping, and downtown Cedar Rapids, this home combines character, opportunity, and affordability. Bring your vision and make this property shine with the major mechanicals already taken care of!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,734
Year Built
- Built in 1918
Lot Details
- 5,619 Sq Ft Lot
- Lot Dimensions are 40x140
- Fenced
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Block Foundation
- Frame Construction
- Wood Siding
- Stone
Interior Spaces
- 1,047 Sq Ft Home
- 1.5-Story Property
- Formal Dining Room
- Sun or Florida Room
- Basement
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom Upstairs
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
Schools
- Johnson Elementary School
- Mckinley Middle School
- Washington High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 14223-79023-00000
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,394 | $102,000 | $25,000 | $77,000 |
| 2024 | $1,310 | $93,200 | $22,000 | $71,200 |
| 2023 | $1,310 | $89,200 | $19,000 | $70,200 |
| 2022 | $1,272 | $71,000 | $19,000 | $52,000 |
| 2021 | $1,268 | $70,400 | $16,000 | $54,400 |
| 2020 | $1,268 | $66,100 | $16,000 | $50,100 |
| 2019 | $1,124 | $60,700 | $14,000 | $46,700 |
| 2018 | $1,090 | $60,700 | $14,000 | $46,700 |
| 2017 | $1,275 | $60,000 | $14,000 | $46,000 |
| 2016 | $1,275 | $60,000 | $14,000 | $46,000 |
| 2015 | $1,283 | $60,323 | $14,000 | $46,323 |
| 2014 | $1,098 | $60,323 | $14,000 | $46,323 |
| 2013 | $1,070 | $60,323 | $14,000 | $46,323 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/17/2025 11/17/25 | For Sale | $120,000 | -- | $115 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Legal Action Court Order | $54,500 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $50,409 | FHA |
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2509352
APN: 14223-79023-00000
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