NOT LISTED FOR SALE

1541 4th Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $125,000 - $138,285

4 Beds
2.5 Baths
1,560 Sq Ft
$84/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $139,950 $90 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $839/month

27 Days on Market

Highlights

  • Formal Dining Room
  • Forced Air Cooling System
  • Living Room
  • 1 Car Detached Garage

About This Home

As of May 2024

Purchaser must be owner occupant and income cannot exceed 80% of the area median income (details attached in supplements). $5,000 down payment assistance provided in the form of a five year forgivable loan. home has 4 bedrooms, 2 1/2 baths, formal dining room, all new appliances, and many updates. Listing agent is an officer of the non-profit selling the home. Go to Hopecda.org for more details about the program which has rehabbed 20+ homes in the Wellington Heights neighborhood. After accepted offer purchaser must fill out Home Buyer Application which is attached as a supplement and be approved.

Last Agent to Sell the Property

Terry Knake

SKOGMAN REALTY COMMERCIAL Listed on: 03/19/2024

SKOGMAN REALTY COMMERCIAL

Last Buyer's Agent

Victoria Pedersen

IOWA REALTY CORRIDOR

IOWA REALTY CORRIDOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,516

Year Built

  • 1910

Lot Details

  • Lot Dimensions are 40 x 140

Home Design

  • Frame Construction

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,516

Year Built

1910

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1560
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • List User Cell Phone: 319-310-6734
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 89.71
  • Total Sq Ft: 1560
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1910

Interior Features

  • Appliances Included: Dryer, Microwave, Range, Refrigerator, Washer
  • Additional Room: Living Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 2: 4
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Level 2 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 7

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 1 Car, Detached, Off Street Parking
  • Garage Size: 12X18

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 40 X 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
May 24, 2024
Sold by
Hope Community Dev Assn Inc
Bought by
Cabanas Ubaldina Marcelino
Seller's Agent
Terry Knake
SKOGMAN REALTY COMMERCIAL
Buyer's Agent
Victoria Pedersen
IOWA REALTY CORRIDOR
List Price
$139,950
Sold Price
$139,950
Views
81
Current Estimated Value
$131,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,879
Avg. Annual Appreciation
-5.07%
Original Mortgage
$119,450
Outstanding Balance
$117,969
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$13,102

Purchase Details

Closed on
Apr 5, 2023
Sold by
Hartley David E and Hartley Margie F
Bought by
Hope Community Development Association Inc
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 Buyer Sale Price Title Company
Cabanas Ubaldina Marcelino $140,000 None Listed On Document
Hope Community Development Association Inc $30,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabanas Ubaldina Marcelino $119,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $139,950 0.0% $90 / Sq Ft
04/15/2024 04/15/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $139,950 0.0% $90 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $139,950 -- $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 $1,516 $106,100 $22,000 $84,100
2023 $1,516 $78,900 $19,000 $59,900
2022 $1,320 $71,900 $19,000 $52,900
2021 $1,366 $63,700 $16,000 $47,700
2020 $1,366 $61,900 $16,000 $45,900
2019 $1,451 $59,000 $14,000 $45,000
2018 $1,639 $59,000 $14,000 $45,000
2017 $1,246 $58,600 $14,000 $44,600
2016 $1,246 $58,600 $14,000 $44,600
2015 $1,382 $64,923 $14,000 $50,923
2014 $1,664 $69,430 $14,000 $55,430
2013 $1,590 $69,430 $14,000 $55,430
Source: Public Records

Agents Affiliated with this Home

  • Terry Knake

    Seller's Agent in 2024

    Terry Knake

    SKOGMAN REALTY COMMERCIAL

    (319) 310-6734

    15 in this area

    40 Total Sales

    Terry Knake
    Section Image
  • Victoria Pedersen

    Buyer's Agent in 2024

    Victoria Pedersen

    IOWA REALTY CORRIDOR

    (319) 321-6479

    1 in this area

    93 Total Sales

    Victoria Pedersen
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2401814

Cedar Rapids Area Association of REALTORS®

APN: 14223-03007-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1541 4th Ave SE, Cedar Rapids, IA

This home is located at 1541 4th Ave SE, Cedar Rapids, IA 52403 since 19 March 2024 and is currently estimated at $131,071, approximately $84 per square foot. This property was built in 1910. 1541 4th 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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