1531 5th Ave SE Cedar Rapids, IA 52403
Wellington Heights Neighborhood
3
Beds
1
Bath
1,440
Sq Ft
5,227
Sq Ft Lot
Highlights
- Deck
- 2 Car Detached Garage
- Forced Air Cooling System
- Formal Dining Room
About This Home
As of May 2023You won’t want to miss this charmer! Move-in ready home with tremendous updates including a remodeled kitchen with tile floors and counter back splash. Bathroom also recently renovated with new fixtures and tile floor. Wood floors have been re-finished and offer a unique design. French doors from the dining room lead to deck overlooking the fenced back yard. Attic area is finished offering a great “bonus” space. Vinyl siding and windows add to the long list of value add features. Historic character with modern livability, situated close to downtown and NewBo. Property must be sold to an owner occupied buyer. Property will lose tax exempt status when sold to new owner.
Listing agent is board member of selling organization.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,018
Year Built
- 1907
Home Design
- Frame Construction
- Vinyl Construction Material
Interior Spaces
- 1,440 Sq Ft Home
- 2-Story Property
- Formal Dining Room
- Basement
- Block Basement Construction
- Laundry on upper level
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
- 1 Full Bathroom
Parking
- 2 Car Detached Garage
- Garage Door Opener
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Deck
- Lot Dimensions are 40 x 140
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,943
Avg. Annual Appreciation
2.50%
Original Mortgage
$23,980
Outstanding Balance
$21,560
Interest Rate
5.76%
Mortgage Type
Construction
Estimated Equity
$104,383
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
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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 | $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
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
-
Rhyse Pelley
R
Seller's Agent in 2023
Rhyse Pelley
Twenty40 Real Estate + Development
(319) 929-5330
3 in this area
75 Total Sales
-
Annie Kaestner
Buyer's Agent in 2023
Annie Kaestner
SKOGMAN REALTY
(319) 350-6770
2 in this area
163 Total Sales
-
Karl Hoffman
Seller's Agent in 2018
Karl Hoffman
SKOGMAN REALTY COMMERCIAL
(319) 366-6427
26 in this area
148 Total Sales
-
Holly Puckett
H
Buyer's Agent in 2018
Holly Puckett
Realty87
(319) 533-1828
2 in this area
23 Total Sales
-
Teri Kelchen
T
Seller's Agent in 2013
Teri Kelchen
MAVERICK REALTY
(319) 521-9700
2 in this area
44 Total Sales
-
A
Buyer's Agent in 2013
Ann Fleckenstein
Keller Williams Legacy Group
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1801347
APN: 14223-05009-00000
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Information is deemed reliable but not guaranteed.
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