
1547 8th Ave SE Cedar Rapids, IA 52403
Wellington Heights Neighborhood
2
Beds
1
Bath
690
Sq Ft
1,960
Sq Ft Lot
Highlights
- Ranch Style House
- No HOA
- Forced Air Heating System
About This Home
As of April 2025Looking 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
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
- 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
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
Total Days on Market
28
Views
76
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
453.31%
Original Mortgage
$48,000
Outstanding Balance
$47,958
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$26,986
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
Similar Homes in Cedar Rapids, IA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | Change | Sq Ft Price |
---|---|---|---|---|
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
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 | $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
-
Seller's Agent in 2025
Marie Hancock
Fathom Realty
(319) 654-4658
4 in this area
88 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2501425

APN: 14223-81006-00000
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