1507 Washington Ave SE Cedar Rapids, IA 52403
Wellington Heights Neighborhood
4
Beds
2
Baths
1,448
Sq Ft
1895
Built
Highlights
- Main Floor Primary Bedroom
- Eat-In Kitchen
- Forced Air Cooling System
- Formal Dining Room
About This Home
As of July 2021Looking for the perfect investment property or starter home? This could be the one! Updated 4 bedroom, 2 bath home. Perfect for investors! This home currently rents out all 4 bedrooms for a total of $1175 per month! Exterior has been updated with newer vinyl siding & a newer front door. Spacious living room & dining room with hardwood floors & big white trim. Updated kitchen with oak cabinets & all black appliances included. Main level bedroom & a full bathroom. Upstairs you will find 3 additional bedrooms & a large full bathroom. Ability to have 2nd level laundry hookups in the 4th bedroom. Lower level features a laundry area with washer & dryer included and lots of storage space. 1 stall drive under garage. Updated include: Newer vinyl windows throughout, updated electrical, newer AC, furnace & water heater.
Home Details
Home Type
- Single Family
Year Built
- 1895
Lot Details
- Lot Dimensions are 30 x 70
Home Design
- Frame Construction
- Vinyl Construction Material
Interior Spaces
- 1,448 Sq Ft Home
- 1.5-Story Property
- Formal Dining Room
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Primary Bedroom on Main
Laundry
- Dryer
- Washer
Parking
- 1 Car Garage
- Tuck Under Parking
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
- Gas Water Heater
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2021
Closed on
Jul 22, 2021
Sold by
Washhome Llc
Bought by
Wingshooter Properties Llc
Seller's Agent
Adam Lau
Pinnacle Realty LLC
Buyer's Agent
Charlie Randell
Realty87
List Price
$69,000
Sold Price
$60,000
Premium/Discount to List
-$9,000
-13.04%
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
$59,790
Avg. Annual Appreciation
18.38%
Original Mortgage
$85,000
Outstanding Balance
$78,182
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$40,234
Purchase Details
Closed on
Apr 11, 2018
Sold by
Olgas Properties Llc
Bought by
Ellishome Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
4.04%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Listed on
Sep 28, 2017
Closed on
Dec 7, 2017
Sold by
Roth Carl Jan Christian and Roth Stephanie L
Bought by
Olga'S Properties Llc
Seller's Agent
Debra Callahan
RE/MAX CONCEPTS
Buyer's Agent
Nate Holler
INTREPID REAL ESTATE
List Price
$63,000
Sold Price
$54,814
Premium/Discount to List
-$8,186
-12.99%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%
Purchase Details
Listed on
May 31, 2012
Closed on
Aug 22, 2012
Sold by
Aronson Gina and Aronson Edward
Bought by
Roth Carl Jan Christian and Roth Stephanie L
Seller's Agent
Penny Novak
SKOGMAN REALTY
Buyer's Agent
Penny Novak
SKOGMAN REALTY
List Price
$66,900
Sold Price
$63,000
Premium/Discount to List
-$3,900
-5.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.60%
Original Mortgage
$50,400
Interest Rate
3.52%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 26, 2011
Sold by
Federal National Mortgage Association
Bought by
Hernandez David R
Purchase Details
Closed on
Dec 9, 2010
Sold by
Nationstar Mortgage Llc
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Dec 6, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Buckmaster Deborah L
Purchase Details
Closed on
Jun 30, 2006
Sold by
Chronister Jonathan B and Chronister Rachel L
Bought by
Vaughn James D and Vaughn Cynthia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,310
Interest Rate
6.73%
Mortgage Type
Unknown
Similar Homes in Cedar Rapids, IA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $60,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $55,000 | None Available | |
| Warranty Deed | $63,000 | None Available | |
| Special Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Special Warranty Deed | $14,500 | None Available | |
| Warranty Deed | $79,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $85,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $55,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $50,400 | New Conventional | |
| Previous Owner | $57,913 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $79,310 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2021 07/28/21 | Sold | $60,000 | -13.0% | $41 / Sq Ft |
| 06/11/2021 06/11/21 | Pending | -- | -- | -- |
| 05/21/2021 05/21/21 | For Sale | $69,000 | +25.9% | $48 / Sq Ft |
| 12/08/2017 12/08/17 | Sold | $54,814 | -13.0% | $38 / Sq Ft |
| 11/09/2017 11/09/17 | Pending | -- | -- | -- |
| 09/28/2017 09/28/17 | For Sale | $63,000 | 0.0% | $44 / Sq Ft |
| 08/29/2012 08/29/12 | Sold | $63,000 | -5.8% | $44 / Sq Ft |
| 07/09/2012 07/09/12 | Pending | -- | -- | -- |
| 05/31/2012 05/31/12 | For Sale | $66,900 | -- | $46 / 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 | $1,476 | $97,200 | $10,000 | $87,200 |
| 2022 | $1,626 | $70,000 | $10,000 | $60,000 |
| 2021 | $1,622 | $78,500 | $8,400 | $70,100 |
| 2020 | $1,622 | $73,500 | $8,400 | $65,100 |
| 2019 | $1,536 | $71,300 | $7,400 | $63,900 |
| 2018 | $1,494 | $71,300 | $7,400 | $63,900 |
| 2017 | $1,510 | $69,300 | $7,400 | $61,900 |
| 2016 | $1,472 | $69,300 | $7,400 | $61,900 |
| 2015 | $1,328 | $62,453 | $7,350 | $55,103 |
| 2014 | $1,328 | $62,453 | $7,350 | $55,103 |
| 2013 | $1,300 | $62,453 | $7,350 | $55,103 |
Source: Public Records
Agents Affiliated with this Home
-
A
Seller's Agent in 2021
Adam Lau
Pinnacle Realty LLC
(319) 774-0019
5 in this area
51 Total Sales
-
Buyer's Agent in 2021
Charlie Randell
Realty87
(319) 316-3346
2 in this area
24 Total Sales
-
Seller's Agent in 2017
Debra Callahan
RE/MAX
(319) 431-3559
6 in this area
671 Total Sales
-
Buyer's Agent in 2017
Nate Holler
INTREPID REAL ESTATE
(319) 423-9596
1 in this area
129 Total Sales
-
P
Seller's Agent in 2012
Penny Novak
SKOGMAN REALTY
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1708962
APN: 14222-84014-00000
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