1527 4th Ave SE Cedar Rapids, IA 52403
Wellington Heights Neighborhood
3
Beds
2
Baths
1,566
Sq Ft
5,619
Sq Ft Lot
About This Home
As of March 2025Assessed at 105,000, offered at 75,000! This is a long time rental that currently is being rented at $900 per month, and has history at $1,000 per month. City rental inspection report available upon request. 48 hours notice to show.
Home Details
Home Type
- Single Family
Year Built
- Built in 1885
Lot Details
- 5,619 Sq Ft Lot
- Lot Dimensions are 40 x 140
Home Design
- Frame Construction
- Vinyl Siding
Interior Spaces
- 1,566 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
- Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Johnston Elementary School
- Mckinley Middle School
- Washington High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 14223-03010-00000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2024
Closed on
Mar 20, 2025
Sold by
Brandt Jennifer Leigh
Bought by
Rentcf Llc
Seller's Agent
Randy Richter
RUHL & RUHL REALTORS®
Buyer's Agent
Tyler Rasmussen
EPM Iowa, LLC
List Price
$80,000
Sold Price
$60,000
Premium/Discount to List
-$20,000
-25%
Total Days on Market
124
Views
191
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
549.67%
Original Mortgage
$82,400
Outstanding Balance
$82,262
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$11,753
Purchase Details
Closed on
Sep 5, 2024
Sold by
Brandt Jason David
Bought by
Brandt Jennifer Leigh
Purchase Details
Closed on
Mar 28, 2008
Sold by
Brandt Jason D and Brandt Jennifer L
Bought by
Sierra Property Management Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.17%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 7, 2007
Sold by
State Farm Bank Fsb
Bought by
Brandt Jason D and Brandt Jennifer L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 26, 1999
Sold by
Ernest J Eickelberg Inc
Bought by
First National Acceptance Company
Similar Homes in Cedar Rapids, IA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $60,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Corporate Deed | $22,500 | None Available | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $82,400 | New Conventional | |
| Previous Owner | $160,600 | Small Business Administration | |
| Previous Owner | $30,000 | Commercial | |
| Previous Owner | $30,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2025 03/21/25 | Sold | $60,000 | -17.2% | $38 / Sq Ft |
| 02/26/2025 02/26/25 | Pending | -- | -- | -- |
| 01/06/2025 01/06/25 | Price Changed | $72,500 | -3.3% | $46 / Sq Ft |
| 12/06/2024 12/06/24 | Price Changed | $75,000 | -3.8% | $48 / Sq Ft |
| 11/20/2024 11/20/24 | Price Changed | $78,000 | -2.5% | $50 / Sq Ft |
| 10/25/2024 10/25/24 | For Sale | $80,000 | -- | $51 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 | $1,186 | $97,000 | $19,000 | $78,000 |
| 2022 | $1,604 | $87,300 | $19,000 | $68,300 |
| 2021 | $1,594 | $77,400 | $16,000 | $61,400 |
| 2020 | $1,594 | $72,200 | $16,000 | $56,200 |
| 2019 | $1,492 | $69,200 | $14,000 | $55,200 |
| 2018 | $1,450 | $69,200 | $14,000 | $55,200 |
| 2017 | $1,584 | $72,700 | $14,000 | $58,700 |
| 2016 | $1,546 | $72,700 | $14,000 | $58,700 |
| 2015 | $1,514 | $71,195 | $14,000 | $57,195 |
| 2014 | $1,514 | $71,195 | $14,000 | $57,195 |
| 2013 | $1,482 | $71,195 | $14,000 | $57,195 |
Source: Public Records
Agents Affiliated with this Home
-
Randy Richter
Seller's Agent in 2025
Randy Richter
Ruhl & Ruhl
(319) 310-1430
3 in this area
108 Total Sales
-
Tyler Rasmussen
T
Buyer's Agent in 2025
Tyler Rasmussen
EPM Iowa, LLC
(319) 560-3543
1 in this area
2 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2407417
APN: 14223-03010-00000
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