NOT LISTED FOR SALE

1517 3rd Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $136,095 - $143,000

5 Beds
1.5 Baths
1,952 Sq Ft
$71/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $125,000 $64 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $851/month

47 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Fenced
  • Den
  • Home Security System
  • Storage Shed

About This Home

As of June 2023

This home is located in the Historic neighborhood of Cedar Rapids, just across the street from the popular Redmond Park. Such a well built and cared for property, still with beautiful hardwood floor. You'll see many improvements such as the new kitchen, updated bathroom, home security system, high efficiency furnace, and brand-new water heater. The majority of the windows have been updated, concrete board was replaced on the front of the house, and a cute fenced in back yard. Yet there is plenty of opportunities to make this your own, and there is so much space and history within these walls. Plus parking enough for 3 vehicles in back. But don't take my word for it! Schedule your showing today!

Last Agent to Sell the Property

Ashley Letsch

Pinnacle Realty LLC Listed on: 02/23/2023

Pinnacle Realty LLC

Last Buyer's Agent

Monica Hayes

LEPIC-KROEGER CORRIDOR, REALTORS

LEPIC-KROEGER CORRIDOR, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,766

Year Built

  • 1910

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 37x52x88
  • Fenced

Home Design

  • Frame Construction

Interior Spaces

  • 1,952 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Den
  • Basement Fills Entire Space Under The House
  • Home Security System

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,766

Year Built

1910

Lot Details

0

Listing Details

  • Style: Over 2 Stories
  • Acres: 0.1200
  • Above Grade Finished Sq Ft: 1952
  • Total Bathrooms: 1.10
  • Bedrooms Level 3: 2
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 1766
  • List User Cell Phone: 319-450-8785
  • Miscellaneous: Cable Ready, Deck, Fencing, Security System, Storage Shed
  • Net Tax: 1509
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.89286
  • Ratio Current Price By Sq Ft: 64.04
  • Total Sq Ft: 1952
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint., Paved
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1910

Interior Features

  • Appliances Included: Dryer, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Den/Study
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 2: 3
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 8

Exterior Features

  • Construction Methods: Frame
  • Exterior: Cement Board, Steel

Garage/Parking

  • Garage/Parking: Off Street Parking, On Street Parking

Utilities

  • Heating Cooling: Gas Heat

Schools

  • Elementary School: Johnson
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 37x52x88

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Jun 7, 2023
Sold by
Heinrich Gaylon P and Heinrich Debra S
Bought by
Randolph Andrew
Seller's Agent
Ashley Letsch
Pinnacle Realty LLC
Buyer's Agent
Monica Hayes
LEPIC-KROEGER CORRIDOR, REALTORS
List Price
$140,000
Sold Price
$125,000
Premium/Discount to List
-$15,000
-10.71%
Views
267
Current Estimated Value
$139,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,274
Avg. Annual Appreciation
4.81%
Original Mortgage
$125,000
Outstanding Balance
$121,682
Interest Rate
6.43%
Mortgage Type
VA
Estimated Equity
$17,592

Purchase Details

Closed on
Mar 19, 1999
Sold by
Schneider Eric Wayne and Schneider Angela E
Bought by
Heinrich Gaylon P and Heinrich Debra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,474
Interest Rate
6.85%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Randolph Andrew $125,000 None Listed On Document
Heinrich Gaylon P $53,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Randolph Andrew $125,000
Previous Owner Heinrich Gaylon P $55,474
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $125,000 0.0% $64 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
04/03/2023 04/03/23 Price Changed $125,000 -3.8% $64 / Sq Ft
03/13/2023 03/13/23 Price Changed $130,000 -3.7% $67 / Sq Ft
03/06/2023 03/06/23 Price Changed $135,000 -3.6% $69 / Sq Ft
02/23/2023 02/23/23 For Sale $140,000 -- $72 / 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
2025 $1,384 $128,100 $25,400 $102,700
2024 $1,464 $117,300 $22,300 $95,000
2023 $1,464 $88,700 $19,300 $69,400
2022 $1,242 $81,700 $19,300 $62,400
2021 $1,276 $72,300 $16,200 $56,100
2020 $1,276 $69,700 $16,200 $53,500
2019 $1,184 $66,700 $14,200 $52,500
2018 $1,506 $66,700 $14,200 $52,500
2017 $1,172 $65,600 $14,200 $51,400
2016 $1,323 $65,600 $14,200 $51,400
2015 $1,335 $66,033 $14,211 $51,822
2014 $1,150 $66,033 $14,211 $51,822
2013 $1,118 $66,033 $14,211 $51,822
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Ashley Letsch

    Pinnacle Realty LLC

    (319) 450-8785

    1 in this area

    39 Total Sales

    Ashley Letsch
    Section Image
  • Monica Hayes

    Buyer's Agent in 2023

    Monica Hayes

    LEPIC-KROEGER CORRIDOR, REALTORS

    (319) 519-0569

    6 in this area

    664 Total Sales

    Monica Hayes
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2300454

Cedar Rapids Area Association of REALTORS®

APN: 14222-81011-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1517 3rd Ave SE, Cedar Rapids, IA

This home is located at 1517 3rd Ave SE, Cedar Rapids, IA 52403 since 23 February 2023 and is currently estimated at $139,274, approximately $71 per square foot. This property was built in 1910. 1517 3rd Ave SE is a home located in Linn County with nearby schools including Johnson STEAM Academy, McKinley STEAM Academy, 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.

Cedar Rapids Area Association of REALTORS® 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.
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