$119,000
SOLD MAY 18, 2023
3 Beds
1 Bath
1,440 Sq Ft
5,619 Sq Ft Lot

Recently Sold

$83 Per Sq Ft

1% Below List Price

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 and is currently priced at $119,000, approximately $82 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 Elementary School, 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
$125,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,714
Avg. Annual Appreciation
2.59%
Original Mortgage
$23,980
Outstanding Balance
$21,845
Interest Rate
5.76%
Mortgage Type
Construction
Estimated Equity
$103,869

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

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Range of Values:

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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 $120,000 None Listed On Document
Warranty Deed $85,000 None Available
Special Warranty Deed $31,500 None Available
Sheriffs Deed $25,415 None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- --
Warranty Deed $38,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $23,980 Construction
Open $95,920 New Conventional
Previous Owner $82,450 New Conventional
Previous Owner $3,884,426 Stand Alone Refi Refinance Of Original Loan
Previous Owner $2,000,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $84,150 Unknown
Previous Owner $60,000 New Conventional
Previous Owner $39,264 FHA
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
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

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2301945

Cedar Rapids Area Association of REALTORS®

APN: 14223-05009-00000