$115,000
SOLD NOV 8, 2012

1523 Memorial Dr SE Cedar Rapids, IA 52403

3 Beds
2 Baths
1,332 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$86 Per Sq Ft

4% Below List Price

182 Days on Market

Highlights

  • Recreation Room
  • 2 Car Detached Garage
  • Patio
  • Ranch Style House
  • Eat-In Kitchen
  • 2-minute walk to Van Vechten Park

About This Home

As of September 2022

Classic 1950's ranch home gently taken care of by only two owners. Zobac built with plaster walls, hardwood floors and coved ceilings. Third bedroom is currently used as an office/den, but could also be a dining room right off the kitchen. Lower level rec room has kitchenette area with counter, sink and refrigerator. Updates include: privacy fence, dog run, fresh paint, sliding door to back, lighting, kitchen counters, sink, appliances, and many electrical improvements, landscaping, and flooring. Buyer should verify schools.

Last Agent to Sell the Property

Rachel Haley

SKOGMAN REALTY Listed on: 04/09/2012

Last Buyer's Agent

Marian Flink

SKOGMAN REALTY

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,263

Year Built

  • 1957

Lot Details

  • Lot Dimensions are 65 x 120
  • Fenced

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • Family Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Built by ZOBAC

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,263

Year Built

1957

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1037
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2263
  • List User Cell Phone: 319-431-6375
  • Low Lvl Fin Sq Ft: 295
  • Miscellaneous: Cable Ready, Fencing, Home Warranty, Patio
  • Net Tax: 2120
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97540
  • Ratio Close Price By Original Li: 0.95913
  • Ratio Current Price By Sq Ft: 110.90
  • Total Sq Ft: 1332
  • Tax Roll Number: 142628101000000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Appliances Included: Disposal, Garage Door Opener, Microwave, Range, Water Heater – Gas
  • Additional Room: 1st Floor Family, 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: Aluminum

Garage/Parking

  • Garage/Parking: 2 Cars, Detached
  • Garage Size: 528

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 65 X 120

Building Info

  • Builder Name: ZOBAC

Rental Info

  • Pets: Pets Allowed

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
Current Estimated Value
$191,479

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
$27,916

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
2.31%

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
3.82%
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
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 Type Sale Price Title Company
Warranty Deed $216,000 None Listed On Document
Warranty Deed $174,000 --
Warranty Deed -- None Available
Warranty Deed $115,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $107,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $40,000 Credit Line Revolving
Open $162,000 New Conventional
Previous Owner $10,350 Adjustable Rate Mortgage/ARM
Previous Owner $20,000 Unknown
Previous Owner $98,047 New Conventional
Previous Owner $62,000 Purchase Money Mortgage
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
2024 $2,890 $183,800 $35,500 $148,300
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: 1202633

Cedar Rapids Area Association of REALTORS®

APN: 14262-81010-00000