$60,000
SOLD APR 30, 2025

1547 8th Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood
2 Beds
1 Bath
690 Sq Ft
1,960 Sq Ft Lot

Recently Sold

$87 Per Sq Ft

28 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Forced Air Heating System
  • No HOA

About This Home

As of April 2025

Looking to expand your rental portfolio with stable, cash-flowing properties? This turnkey package consists of four single-family homes and a fourplex, each occupied ensuring immediate income from day one. This could be a rehab and resale as well. MLS 2502222, 2502224, 2502230, 2502217, 2501425 are listed as a portfolio for $745K

Last Agent to Sell the Property

Marie Hancock

Fathom Realty Listed on: 04/01/2025

Last Buyer's Agent

Marie Hancock

Fathom Realty Listed on: 04/01/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $934

Year Built

  • Built in 1931

Lot Details

  • 1,960 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 690 Sq Ft Home
  • Living Room
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Grant Elementary School
  • Mckinley Middle School
  • Washington High School

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 14223-81006-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$934

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 0.045
  • NAV29_Unit_1_Appliances: Gas Water Heater, Range, Refrigerator
  • Co List Office Phone: 319-693-2287
  • MLS Status: Closed
  • Directions: See GPS.
  • Above Grade Finished Sq Ft: 690.0
  • Architectural Style: Ranch
  • Reso Interior Features: Main Level Primary
  • New Construction: No
  • ResoRoomType: Living Room
  • Year Built: 1931
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Construction Type: Frame, Vinyl Siding

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Grant
  • High School: Washington
  • Middle Or Junior School: McKinley

Lot Info

  • Lot Dimensions: 60*32.5
  • ResoLotSizeUnits: Acres
  • Parcel Number: 14223-81006-00000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 934.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2025
Closed on
Apr 28, 2025
Sold by
Mwh Properties Llc
Bought by
Black Dawn
Seller's Agent
Marie Hancock
Fathom Realty
Buyer's Agent
Marie Hancock
Fathom Realty
List Price
$60,000
Sold Price
$60,000
Views
76
Current Estimated Value
$63,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,202
Avg. Annual Appreciation
11.19%
Original Mortgage
$48,000
Outstanding Balance
$47,831
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$15,371

Purchase Details

Closed on
Nov 17, 2014
Sold by
Frangul Ramsey C and Frangul Jean M
Bought by
Mwh Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,911
Interest Rate
3.97%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Warranty Deed $60,000 None Listed On Document
Warranty Deed $9,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $48,000 New Conventional
Previous Owner $26,911 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2025 04/30/25 Sold $60,000 0.0% $87 / Sq Ft
04/29/2025 04/29/25 Pending -- -- --
04/01/2025 04/01/25 For Sale $60,000 -- $87 / 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
2025 $934 $60,000 $12,600 $47,400
2024 $570 $55,000 $11,100 $43,900
2023 $570 $52,800 $9,600 $43,200
2022 $494 $27,000 $9,600 $17,400
2021 $602 $23,800 $8,100 $15,700
2020 $602 $27,300 $8,100 $19,200
2019 $538 $25,000 $7,100 $17,900
2018 $524 $25,000 $7,100 $17,900
2017 $524 $23,400 $7,100 $16,300
2016 $498 $23,400 $7,100 $16,300
2015 $832 $39,091 $7,053 $32,038
2014 $832 $39,091 $7,053 $32,038
2013 $814 $39,091 $7,053 $32,038
Source: Public Records

Agents Affiliated with this Home

  • Marie Hancock

    Seller's Agent in 2025

    Marie Hancock

    Fathom Realty

    (319) 654-4658

    4 in this area

    88 Total Sales

    Marie Hancock
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2501425

Cedar Rapids Area Association of REALTORS®

APN: 14223-81006-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1547 8th Ave SE, Cedar Rapids, IA

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