NOT LISTED FOR SALE

1531 5th Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $118,000 - $135,208

3 Beds
1 Bath
1,440 Sq Ft
$88/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $119,000 $83 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $838/month

3 Days on Market

Highlights

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

About This Home

As of May 2023

This home is located at 1531 5th Ave SE, Cedar Rapids, IA 52403 since 29 March 2023 and is currently estimated at $127,052, approximately $88 per square foot. This property was built in 1907. 1531 5th Ave SE is a home located in Linn County with nearby schools including Johnson STEAM Academy, McKinley STEAM Academy, and George Washington High School.

Last Agent to Sell the Property

Rhyse Pelley

Twenty40 Real Estate + Development Listed on: 03/29/2023

Last Buyer's Agent

Annie Kaestner

SKOGMAN REALTY

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,760

Year Built

  • 1907

Lot Details

  • 5,619 Sq Ft Lot
  • Lot Dimensions are 140 x 40

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Outdoor Features

  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,760

Year Built

1907

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.1290
  • Above Grade Finished Sq Ft: 1440
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 1760
  • List User Cell Phone: 319-929-5330
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 1760
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99249
  • Ratio Close Price By Original Li: 0.99249
  • Ratio Current Price By Sq Ft: 82.64
  • Total Sq Ft: 1440
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1907

Interior Features

  • Appliances Included: Dryer, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Great Room, Living Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 2: 3
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached, On Street Parking

Utilities

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

Schools

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

Lot Info

  • Lot Size: 140 X 40

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
May 16, 2023
Sold by
Klein Caitlin
Bought by
Tracey Scbneeldoth
Seller's Agent
Rhyse Pelley
Twenty40 Real Estate + Development
Buyer's Agent
Annie Kaestner
SKOGMAN REALTY
List Price
$119,900
Sold Price
$119,000
Premium/Discount to List
-$900
-0.75%
Views
31
Current Estimated Value
$127,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,052
Avg. Annual Appreciation
2.83%
Original Mortgage
$23,980
Outstanding Balance
$21,560
Interest Rate
5.76%
Mortgage Type
Construction
Estimated Equity
$105,492

Purchase Details

Listed on
Mar 1, 2018
Closed on
Apr 23, 2018
Sold by
Affordable Housing Network Inc
Bought by
Klein Caitlin
Seller's Agent
Karl Hoffman
SKOGMAN REALTY COMMERCIAL
Buyer's Agent
Holly Puckett
Realty87
List Price
$88,000
Sold Price
$85,000
Premium/Discount to List
-$3,000
-3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%
Original Mortgage
$82,450
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2013
Closed on
Jun 27, 2013
Sold by
Hsbc Bank Usa Na
Bought by
Ahni Holdings
Seller's Agent
Teri Kelchen
MAVERICK REALTY
Buyer's Agent
Ann Fleckenstein
Keller Williams Legacy Group
List Price
$48,000
Sold Price
$37,000
Premium/Discount to List
-$11,000
-22.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.96%

Purchase Details

Closed on
Jan 22, 2013
Sold by
Rocha Victor M and Bateman Rebecca J
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 17, 2012
Sold by
Bateman Rebecca J
Bought by
Rocha Victor M

Purchase Details

Closed on
Oct 18, 2005
Sold by
Rocha Victor M
Bought by
Rocha Victor M and Bateman Rebecca J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 1998
Sold by
Johnson Rebecca L and Weidman Rebecca L
Bought by
Rocha Victor M and Adams Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,264
Interest Rate
6.9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tracey Scbneeldoth $120,000 None Listed On Document
Scbneeldoth Tracey $120,000 None Listed On Document
Klein Caitlin $85,000 None Available
Ahni Holdings $31,500 None Available
Wells Fargo Bank Na $25,415 None Available
Rocha Victor M -- None Available
Rocha Victor M -- --
Rocha Victor M $38,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schneekloth Tracey $23,980
Open Scbneeldoth Tracey $95,920
Closed Scbneeldoth Tracey $95,920
Previous Owner Klein Caitlin $82,450
Previous Owner Affordable Housing Network Inc $3,884,426
Previous Owner Affordable Housing Network Inc $2,000,000
Previous Owner Rocha Victor M $84,150
Previous Owner Rocha Victor M $60,000
Previous Owner Rocha Victor M $39,264
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $119,000 -0.8% $83 / Sq Ft
04/01/2023 04/01/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $119,900 +41.1% $83 / Sq Ft
04/24/2018 04/24/18 Sold $85,000 -3.4% $59 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $88,000 +137.8% $61 / Sq Ft
07/12/2013 07/12/13 Sold $37,000 -22.9% $21 / Sq Ft
05/16/2013 05/16/13 Pending -- -- --
04/16/2013 04/16/13 For Sale $48,000 -- $27 / 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 $2,018 $120,000 $22,000 $98,000
2023 $2,018 $106,600 $19,000 $87,600
2022 $1,760 $95,700 $19,000 $76,700
2021 $1,796 $85,000 $16,000 $69,000
2020 $1,796 $81,400 $16,000 $65,400
2019 $1,676 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 $1,421 $69,600 $14,000 $55,600
2013 $1,421 $69,600 $14,000 $55,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Rhyse Pelley

    Twenty40 Real Estate + Development

    (319) 929-5330

    3 in this area

    76 Total Sales

    Rhyse Pelley
    Section Image
  • Annie Kaestner

    Buyer's Agent in 2023

    Annie Kaestner

    SKOGMAN REALTY

    (319) 350-6770

    2 in this area

    162 Total Sales

    Annie Kaestner
    Section Image
  • Karl Hoffman

    Seller's Agent in 2018

    Karl Hoffman

    SKOGMAN REALTY COMMERCIAL

    (319) 366-6427

    24 in this area

    146 Total Sales

    Karl Hoffman
    Section Image

  • H

    Buyer's Agent in 2018

    Holly Puckett

    Realty87

    (319) 533-1828

    2 in this area

    23 Total Sales

    Holly Puckett
    Section Image

  • T

    Seller's Agent in 2013

    Teri Kelchen

    MAVERICK REALTY

    (319) 521-9700

    2 in this area

    43 Total Sales

    Teri Kelchen
    Section Image

  • A

    Buyer's Agent in 2013

    Ann Fleckenstein

    Keller Williams Legacy Group

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2301945

Cedar Rapids Area Association of REALTORS®

APN: 14223-05009-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1531 5th Ave SE, Cedar Rapids, IA

This home is located at 1531 5th Ave SE, Cedar Rapids, IA 52403 since 29 March 2023 and is currently estimated at $127,052, approximately $88 per square foot. This property was built in 1907. 1531 5th 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.
Information is deemed reliable but not guaranteed.

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