NOT LISTED FOR SALE

1512 K Ave NE Cedar Rapids, IA 52402

Estimated Value: $148,000 - $164,000

3 Beds
2 Baths
1,363 Sq Ft
$116/Sq Ft Est. Value

Last Sold October 28, 2013

Last sale price $80,000 $59 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,031/month

88 Days on Market

Highlights

  • Living Room
  • Property is near schools
  • Combination Kitchen and Dining Room
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of October 2013

Purchase this Fannie Mae Homepath property for as little as 3% down! This property is approved for the Homepath Renovations Mortgage. Please visit www.homepath.com for more information regarding financing. Well cared for 1920's ranch with 3 bedrooms, 2 full bathrooms, and over 1,300 finished sq ft. Nice wooded lot, deck on back, and newer garage not far from Mt. Mercy. Don't miss out on this one at this price!

Last Agent to Sell the Property

KATHY EIGHME

FUSION, REALTORS Listed on: 07/15/2013

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,340

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50 x 120

Parking

  • 1 Parking Space

Home Design

  • Frame Construction

Interior Spaces

  • 1,363 Sq Ft Home
  • Living Room
  • Combination Kitchen and Dining Room
  • Partial Basement
  • No Kitchen Appliances
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near schools

Schools

  • Garfield Elementary School
  • Franklin Middle School
  • Washington High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 14152-53017-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,340

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1363
  • Homebuilder: unknown
  • Owner Name L F Mi: Fannie Mae
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: See Homepath for owner occ. Period. Offers submitted through homepath.com. Review all attachments before submitting offer. Addendum must be completed before uploading to homepath. Don't miss 10(f) on addendum. Contact fusionshowingdesk@yahoo.com for all showing
  • T Val: 80000
  • Year Built: 1920
  • Tax Year Report: 2011
  • Subdivision: unknown
  • Directions: North on Oakland Blvd, East on J Ave, North on Maplewood Dr, East on K Ave NE to property.
  • L O1 Dues Paid: y
  • Amenities: Close to School
  • Basement Remarks: Partial
  • Fireplace Type Location: None
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre
  • Possession R: At Closing
  • Possible Finance R: Cash, Conventional, See Other Remarks
  • Remarks2: Purchase this Fannie Mae Homepath property for as little as 3% down! This property is approved for the Homepath Renovations Mortgage. Please visit www.homepath.com for more information regarding financing. Well cared for 1920's ranch with 3 bedrooms, 2 full bathrooms, and over 1,300 finished sq ft. Nice wooded lot, deck on back, and newer garage not far from Mt. Mercy. Don't miss out on this one at this price!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Number Bedrooms Main: 3
  • Sq Ft Above: 1363
  • Total Full Baths: 2
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Room
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Gas, Central, Forced Air

Schools

  • Elementary School: Garfield
  • Middle School: Franklin
  • High School: Washington
  • High School: Washington
  • Jr Middle School: Franklin
  • Elementary School: Garfield

Lot Info

  • Acreage: 0.13
  • Geo Subdivision: IA
  • Lot Dimensions: 50 x 120
  • Zoning: residential

Rental Info

  • Lease Value: 1

Tax Info

  • Gross Tax County City: 2204
  • Assessor Parcel Number: 14152-53017-00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2013
Closed on
Nov 25, 2013
Sold by
Jenjul Investments I Llc
Bought by
Ltd Real Estate Llc
Seller's Agent
KATHY EIGHME
FUSION, REALTORS
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$93,900
Sold Price
$80,000
Premium/Discount to List
-$13,900
-14.8%
Current Estimated Value
$157,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,667
Avg. Annual Appreciation
5.85%

Purchase Details

Listed on
Jul 15, 2013
Closed on
Nov 14, 2013
Sold by
Federal National Mortgage Association
Bought by
Jenjul Investments I Llc
Seller's Agent
KATHY EIGHME
FUSION, REALTORS
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$93,900
Sold Price
$80,000
Premium/Discount to List
-$13,900
-14.8%

Purchase Details

Closed on
Jun 7, 2013
Sold by
Scarbrough Sean M
Bought by
Phh Mortgage Corp

Purchase Details

Closed on
Apr 25, 2013
Sold by
Phh Mortgage Corp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 26, 2007
Sold by
Dahl Benjamin J
Bought by
Scarbrough Sean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,100
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2005
Sold by
Strait Geraldine M
Bought by
Dahl Benjamin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
5.71%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Ltd Real Estate Llc -- None Available
Jenjul Investments I Llc $80,000 None Available
Phh Mortgage Corp -- None Available
Federal National Mortgage Association -- None Available
Scarbrough Sean M $124,000 None Available
Dahl Benjamin J $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scarbrough Sean M $124,100
Previous Owner Dahl Benjamin J $61,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2013 10/28/13 Sold $80,000 -14.8% $59 / Sq Ft
10/11/2013 10/11/13 Pending -- -- --
07/15/2013 07/15/13 For Sale $93,900 -- $69 / Sq Ft
Source: Iowa City 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
2025 $2,340 $151,100 $26,700 $124,400
2024 $2,662 $132,200 $24,300 $107,900
2023 $2,662 $132,200 $24,300 $107,900
2022 $2,436 $126,200 $24,300 $101,900
2021 $2,430 $117,600 $24,300 $93,300
2020 $2,430 $110,100 $19,400 $90,700
2019 $2,374 $110,100 $19,400 $90,700
2018 $2,208 $110,100 $19,400 $90,700
2017 $2,208 $105,500 $19,400 $86,100
2016 $2,268 $106,700 $20,600 $86,100
2015 $2,388 $112,185 $24,250 $87,935
2014 $2,388 $117,681 $24,250 $93,431
2013 $2,450 $117,681 $24,250 $93,431
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    KATHY EIGHME

    FUSION, REALTORS

    Section Image

  • N

    Buyer's Agent in 2013

    Nonmember NONMEMBER

    NONMEMBER

See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20133740

Iowa City Area Association of REALTORS®

APN: 14152-53017-00000

Iowa Linn County Cedar Rapids 52402

1512 K Ave NE, Cedar Rapids, IA

This home is located at 1512 K Ave NE, Cedar Rapids, IA 52402 since 15 July 2013 and is currently estimated at $157,667, approximately $115 per square foot. This property was built in 1920. 1512 K Ave NE is a home located in Linn County with nearby schools including Garfield Elementary School, Franklin Middle School, 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.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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