NOT LISTED FOR SALE

Estimated Value: $126,000 - $156,747

3 Beds
1 Bath
1,557 Sq Ft
$93/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $25,000 $16 Per Sq Ft

Est. 478% increase in value since last sale

Current estimated payment $914/month

2 Days on Market

Highlights

  • Formal Dining Room
  • Fireplace
  • Living Room
  • 2 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of May 2022

3 Bedrooms, 1 bath, just under 1600 square feet - 2 story home which needs extensive repairs due to the Derecho. This property is not for the faint of heart but there is definite potential financially for the right buyer. The house is situated on a 60x140 lot. This property would make a great rental due to the proximity to colleges, bus lines, shopping, room sizes and floor plan. ANY items and/or furnishings in/on the property remain with the property. It will be the buyer's responsibility to remove items from the property after closing. This property is sold in AS IS condition. The seller will make NO repairs and NO warranties of any kind. Due to the condition of the home, all parties must sign a Hold Harmless Agreement in order to enter the property. All offers to be submitted to Listing Agent by April 6th @ 5pm. Seller will respond that evening.

Last Agent to Sell the Property

Judi Mccoy

IOWA REALTY CORRIDOR Listed on: 04/04/2022

IOWA REALTY CORRIDOR

Last Buyer's Agent

Victoria Torres

KW Advantage

KW Advantage

Home Details

Home Type

  • Single Family

Year Built

  • 1895

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60 x 140

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,557 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Year Built

1895

Lot Details

0

Listing Details

  • Style: Over 2 Stories
  • Acres: 0.1900
  • Above Grade Finished Sq Ft: 1557
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 1660
  • List User Cell Phone: 319-431-1020
  • Net Tax: 1470
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.25000
  • Ratio Close Price By Original Li: 1.25000
  • Ratio Current Price By Sq Ft: 16.06
  • Total Sq Ft: 1557
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1895

Interior Features

  • Additional Room: Living Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 2: 3
  • Fireplace Features: Built In
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 6

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached
  • Garage Size: 432

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 60 X 140

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
May 2, 2022
Sold by
Rooster Real Estate Llc
Bought by
Marquez Efrain Ramirez
Seller's Agent
Judi Mccoy
IOWA REALTY CORRIDOR
Buyer's Agent
Victoria Torres
KW Advantage
List Price
$20,000
Sold Price
$25,000
Premium/Discount to List
$5,000
25%
Current Estimated Value
$144,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,437
Avg. Annual Appreciation
71.55%

Purchase Details

Listed on
Apr 4, 2022
Closed on
Mar 14, 2022
Sold by
Luerkens Albert L and Luerkens Pauline E
Bought by
Rooster Real Estate Llc
Seller's Agent
Judi Mccoy
IOWA REALTY CORRIDOR
Buyer's Agent
Victoria Torres
KW Advantage
List Price
$20,000
Sold Price
$25,000
Premium/Discount to List
$5,000
25%

Purchase Details

Closed on
Mar 31, 2015
Sold by
Luerkens Albert L and Luerkens Pauline E
Bought by
Luerkens Albert L and Luerkens Pauline E

Purchase Details

Closed on
May 22, 2013
Sold by
Luerkens Charles E and Luerkens Cynthia D
Bought by
Luerkens Albert L
Source: Public Records

Range of Values:

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Average Value
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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
Marquez Efrain Ramirez $25,000 Roberts & Eddy Pc
Rooster Real Estate Llc $3,500 Roberts & Eddy Pc
Luerkens Albert L -- None Available
Luerkens Albert L -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $25,000 +25.0% $16 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $20,000 -- $13 / 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 $1,522 $128,800 $28,100 $100,700
2022 $1,052 $72,200 $28,100 $44,100
2021 $1,470 $59,700 $23,000 $36,700
2020 $1,470 $75,200 $20,400 $54,800
2019 $1,210 $64,700 $20,400 $44,300
2018 $1,326 $64,700 $20,400 $44,300
2017 $1,589 $70,900 $20,400 $50,500
2016 $1,589 $74,800 $20,400 $54,400
2015 $1,603 $75,318 $20,400 $54,918
2014 $1,418 $78,697 $20,400 $58,297
2013 $1,454 $78,697 $20,400 $58,297
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2203103

Cedar Rapids Area Association of REALTORS®

APN: 14222-31002-00000