NOT LISTED FOR SALE

1542 Franklin St Center Point, IA 52213

Estimated Value: $142,000 - $184,000

3 Beds
2 Baths
1,318 Sq Ft
$126/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $135,000 $102 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,140/month

Highlights

  • Deck
  • Family Room with Fireplace
  • 1 Car Detached Garage
  • Center Point-Urbana Middle School Rated A-
  • Ranch Style House
  • Forced Air Cooling System

About This Home

As of June 2024

EASY FLIP! This property has awesome potential and new flooring and minor touches will go a long way. Utilities have been off and there are no guarantees as to the condition of the plumbing/electrical. This property must be purchased with cash or construction loan.

Last Agent to Sell the Property

Ali Fortin

Pinnacle Realty LLC Listed on: 06/06/2024

Pinnacle Realty LLC

Last Buyer's Agent

Ali Fortin

Pinnacle Realty LLC Listed on: 06/06/2024

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,984

Year Built

  • 1956

Lot Details

  • 0.32

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,318 Sq Ft Home
  • Gas Fireplace
  • Family Room with Fireplace
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Deck
  • 0.32 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,984

Year Built

1956

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.3170
  • Above Grade Finished Sq Ft: 1318
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Center Point
  • Dining Features: Breakfast Bar
  • Gross Tax: 2984
  • List User Cell Phone: 319-601-9868
  • Miscellaneous: Deck
  • Net Tax: 2984
  • Other: Repo
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96429
  • Ratio Close Price By Original Li: 0.96429
  • Ratio Current Price By Sq Ft: 102.43
  • Total Sq Ft: 1318
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Appliances Included: Dishwasher, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Family, 1st Floor Laundry
  • Basement: Block, Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Fireplace Features: Family Room, Gas
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached, Off Street Parking
  • Garage Size: 14x22

Utilities

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

Schools

  • Elementary School: CenterPt/Urbana
  • Middle School: CenterPt/Urbana
  • High School: CenterPt/Urbana

Lot Info

  • Lot Size: Irr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Jun 11, 2024
Sold by
University/Iowa Community Cu and Greenstate Credit Union
Bought by
Glam Properties Llc
Seller's Agent
Ali Fortin
Pinnacle Realty LLC
Buyer's Agent
Ali Fortin
Pinnacle Realty LLC
List Price
$139,999
Sold Price
$135,000
Premium/Discount to List
-$4,999
-3.57%
Views
3
Current Estimated Value
$162,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,113
Avg. Annual Appreciation
22.93%

Purchase Details

Listed on
Jun 6, 2024
Closed on
May 20, 2024
Sold by
Sheriff Of Linn County
Bought by
Greenstate Credit Union
Seller's Agent
Ali Fortin
Pinnacle Realty LLC
Buyer's Agent
Ali Fortin
Pinnacle Realty LLC
List Price
$139,999
Sold Price
$135,000
Premium/Discount to List
-$4,999
-3.57%
Views
3

Purchase Details

Listed on
Feb 13, 2019
Closed on
Mar 12, 2019
Sold by
Mra Real Estate Llc
Bought by
Arnold Douglas P
Seller's Agent
Jeremy Trenkamp
Realty87
Buyer's Agent
Jeremy Trenkamp
Realty87
List Price
$140,000
Sold Price
$138,500
Premium/Discount to List
-$1,500
-1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.48%
Original Mortgage
$13,850
Interest Rate
4.3%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Apr 1, 2015
Closed on
May 30, 2015
Sold by
Covington Austin and Covington Jodi
Bought by
Mra Real Estate Llc
Seller's Agent
Jeremy Trenkamp
Realty87
Buyer's Agent
Jeremy Trenkamp
Realty87
List Price
$134,500
Sold Price
$126,000
Premium/Discount to List
-$8,500
-6.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.53%
Original Mortgage
$126,000
Interest Rate
3.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 21, 2012
Sold by
Covington Annette J
Bought by
Covington Austin and Covington Jodi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
3.34%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 11, 2008
Sold by
Techau Michael J
Bought by
Covington Annette J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving
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 Buyer Sale Price Title Company
Glam Properties Llc $135,000 None Listed On Document
Greenstate Credit Union $151,334 None Listed On Document
Arnold Douglas P $138,500 None Available
Mra Real Estate Llc $126,000 None Available
Covington Austin $72,500 None Available
Covington Annette J $72,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arnold Douglas P $13,850
Previous Owner Arnold Douglas P $124,650
Previous Owner Mra Real Estate Llc $126,000
Previous Owner Covington Austin $58,000
Previous Owner Covington Annette J $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $135,000 -3.6% $102 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $139,999 +1.1% $106 / Sq Ft
03/14/2019 03/14/19 Sold $138,500 -1.1% $105 / Sq Ft
02/14/2019 02/14/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $140,000 +11.1% $106 / Sq Ft
06/01/2015 06/01/15 Sold $126,000 -6.3% $96 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $134,500 -- $102 / 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 $2,876 $160,500 $17,700 $142,800
2022 $2,850 $133,600 $17,700 $115,900
2021 $2,800 $132,600 $17,700 $114,900
2020 $2,800 $113,400 $17,700 $95,700
2019 $2,362 $107,100 $17,700 $89,400
2018 $2,308 $107,100 $17,700 $89,400
2017 $2,094 $94,300 $17,700 $76,600
2016 $2,020 $94,300 $17,700 $76,600
2015 $2,010 $93,700 $17,700 $76,000
2014 $2,070 $83,300 $17,600 $65,700
2013 $1,776 $83,300 $17,600 $65,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2403917

Cedar Rapids Area Association of REALTORS®

APN: 05043-76006-00000