NOT LISTED FOR SALE

1523 Memorial Dr SE Cedar Rapids, IA 52403

Estimated Value: $100,000 - $229,789

3 Beds
2 Baths
1,332 Sq Ft
$141/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $174,000 $131 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,295/month

1 Day on Market

Highlights

  • Recreation Room
  • 2 Car Detached Garage
  • Patio
  • Ranch Style House
  • Forced Air Cooling System
  • 2-minute walk to Van Vechten Park

About This Home

As of September 2022

Well maintained 3-bedroom 2 bath home. 3rd bedroom is currently being used as a dining room and has glass sliding doors opening to a patio. There is newer paint and nice hardwood floors throughout most of the main level. The eat-in kitchen is very nice with ample cabinets and appliances. Refrigerator and garbage disposal are new. The lower level has a rec room with refrigerator and sink, full bath, storage area plus utility room. Furnace and central air are 5 years old, and the water heater is 4 years old. New siding, roof, and newer windows. A very pleasant part privacy fenced back yard is the perfect place to enjoy your leisure time. There is a 2 car detached (22 x 24) garage.

Last Listed By

Diona Carpenter

SKOGMAN REALTY Listed on: 08/30/2022

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,675

Year Built

  • 1957

Lot Details

  • 8,059 Sq Ft Lot
  • Lot Dimensions are 65x69x120

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Combination Kitchen and Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,675

Year Built

1957

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1850
  • Above Grade Finished Sq Ft: 1037
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 2675
  • List User Cell Phone: 319-360-2124
  • Low Lvl Fin Sq Ft: 295
  • Miscellaneous: Cable Ready, Patio
  • Net Tax: 2490
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 167.79
  • Total Sq Ft: 1332
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached
  • Garage Size: 22X24

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

  • Elementary School: Grant Wood
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 65X69X120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2023
Sold by
Facion Mark and Facion Mark
Bought by
Meyer Carrie A
Total Days on Market
1
Current Estimated Value
$188,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Outstanding Balance
$158,197
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$30,000

Purchase Details

Listed on
Aug 30, 2022
Closed on
Sep 29, 2022
Sold by
Berry Teresa M
Bought by
Facion Tammy S
Seller's Agent
Diona Carpenter
SKOGMAN REALTY
Buyer's Agent
Jim Kalweit
SKOGMAN REALTY
List Price
$174,000
Sold Price
$174,000
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.99%

Purchase Details

Closed on
Mar 7, 2017
Sold by
Mcelroy Shirley Kay
Bought by
Berry Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,350
Interest Rate
3.68%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 9, 2012
Closed on
Nov 5, 2012
Sold by
Abel Mia Sara L
Bought by
Mcelroy Shirley Kay
Seller's Agent
Rachel Haley
SKOGMAN REALTY
Buyer's Agent
Marian Flink
SKOGMAN REALTY
List Price
$119,900
Sold Price
$115,000
Premium/Discount to List
-$4,900
-4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$98,047
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2009
Sold by
Abel Mia Sara L
Bought by
Livi Abel Mia Sara L and Sara L Abel Mia Revocable Living Trust

Purchase Details

Closed on
May 28, 2008
Sold by
Phares Kathryn C
Bought by
Abel Mia Sara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

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
Meyer Carrie A $216,000 None Listed On Document
Facion Tammy S $174,000 --
Berry Teresa M -- None Available
Mcelroy Shirley Kay $115,000 None Available
Livi Abel Mia Sara L -- None Available
Abel Mia Sara L $107,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Carrie Ann $40,000
Open Meyer Carrie A $162,000
Previous Owner Berry Teresa M $10,350
Previous Owner Mcelory Shirley K $20,000
Previous Owner Mcelroy Shirley Kay $98,047
Previous Owner Abel Mia Sara L $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $174,000 0.0% $131 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/30/2022 08/30/22 For Sale $174,000 +51.3% $131 / Sq Ft
11/08/2012 11/08/12 Sold $115,000 -4.1% $86 / Sq Ft
10/08/2012 10/08/12 Pending -- -- --
04/09/2012 04/09/12 For Sale $119,900 -- $90 / 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 $2,890 $158,800 $30,600 $128,200
2022 $2,490 $145,900 $30,600 $115,300
2021 $2,564 $129,200 $27,400 $101,800
2020 $2,564 $124,800 $22,600 $102,200
2019 $2,344 $117,300 $22,600 $94,700
2018 $2,276 $117,300 $22,600 $94,700
2017 $2,401 $114,000 $22,600 $91,400
2016 $2,401 $113,000 $22,600 $90,400
2015 $2,447 $114,960 $25,802 $89,158
2014 $2,262 $114,960 $25,802 $89,158
2013 $2,208 $114,960 $25,802 $89,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2208170

Cedar Rapids Area Association of REALTORS®

APN: 14262-81010-00000