NOT LISTED FOR SALE

1515 Center Point Rd NE Cedar Rapids, IA 52402

Estimated Value: $76,626 - $133,000

4 Beds
2 Baths
1,586 Sq Ft
$61/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $75,000 $47 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $620/month

83 Days on Market

Highlights

  • Wooded Lot
  • Main Floor Primary Bedroom
  • Living Room
  • 1.5-Story Property
  • Forced Air Cooling System

About This Home

As of November 2020

Two homes for the price of one on almost an acre of land!! This unique listing is full of possibilities especially as an income producing investment, flip property or build a new multiplex (zoned high density residential). The front 1 1/2 story home features 2 bedrooms and 1 full bath on the main and a large living area, plus the attic has been finished to add extra living space. The back ranch style home also has two bedrooms, 1 full bath and has 700 sq feet finished space. The lot is massive with a large wooded portion towards the backside of the property. Both homes are in need of extensive repair but the opportunity is there so act fast!

Last Listed By

Jonathan Doerrfeld

COLDWELL BANKER HEDGES Listed on: 06/30/2020

COLDWELL BANKER HEDGES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,861

Year Built

  • 1920

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are 86x418
  • Wooded Lot

Home Design

  • 1.5-Story Property
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,586 Sq Ft Home
  • Living Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Utilities

  • Forced Air Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,861

Year Built

1920

Lot Details

0

Listing Details

  • Style: 1.5 Story, Ranch
  • Acres: 0.8310
  • Above Grade Finished Sq Ft: 1586
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Gross Tax: 1861
  • List User Cell Phone: 319-202-0001
  • Net Tax: 1861
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.88246
  • Ratio Close Price By Original Li: 0.75008
  • Ratio Current Price By Sq Ft: 47.29
  • Total Sq Ft: 1586
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Additional Room: Living Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 4
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Site Description: Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

  • Heating Cooling: Forced Air

Schools

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

Lot Info

  • Lot Size: 86x418

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bishop Samuel A $56,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $75,000 -11.8% $47 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
09/08/2020 09/08/20 Price Changed $84,990 -5.6% $54 / Sq Ft
07/31/2020 07/31/20 Price Changed $89,990 -5.3% $57 / Sq Ft
07/13/2020 07/13/20 Price Changed $94,990 -5.0% $60 / Sq Ft
06/30/2020 06/30/20 For Sale $99,990 -- $63 / 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
2023 $1,018 $55,000 $15,000 $40,000
2022 $156 $48,300 $14,200 $34,100
2021 $582 $27,400 $11,700 $15,700
2020 $582 $26,400 $11,700 $14,700
2019 $682 $31,600 $11,700 $19,900
2018 $662 $31,600 $11,700 $19,900
2017 $676 $31,000 $11,700 $19,300
2016 $678 $31,900 $11,700 $20,200
2015 $776 $36,423 $11,655 $24,768
2014 $776 $38,112 $11,655 $26,457
2013 $794 $38,112 $11,655 $26,457
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2004770

Cedar Rapids Area Association of REALTORS®

APN: 14161-26017-00000