$128,000
SOLD MAR 15, 2019
5 Beds
2 Baths
1,864 Sq Ft
1920 Built

Recently Sold

$69 Per Sq Ft

Highlights

  • Deck
  • Den
  • 2 Car Detached Garage
  • Great Room
  • Formal Dining Room
  • Forced Air Cooling System

About This Home

As of March 2019

This home is located at 1550 5th Ave SE, Cedar Rapids, IA 52403 and is currently priced at $128,000, approximately $68 per square foot. This property was built in 1920. 1550 5th Ave SE is a home located in Linn County with nearby schools including Johnson Elementary School, McKinley STEAM Academy, and George Washington High School.

Last Agent to Sell the Property

Jeremy Trenkamp

Realty87 Listed on: 01/22/2019

Realty87

Last Buyer's Agent

Jeremy Trenkamp

Realty87 Listed on: 01/22/2019

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,750

Year Built

  • 1920

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,864 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Off-Street Parking

Utilities

  • Forced Air Cooling System
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • Lot Dimensions are 40 x 140

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,750

Year Built

1920

Lot Details

0

Listing Details

  • Style: Over 2 Stories
  • Above Grade Finished Sq Ft: 1864
  • Total Bathrooms: 2.00
  • Bedrooms Level 3: 2
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 1750
  • List User Cell Phone: 319-270-1323
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 1579
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99611
  • Ratio Close Price By Original Li: 0.99611
  • Ratio Current Price By Sq Ft: 68.67
  • Total Sq Ft: 1864
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Appliances Included: Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Family, Den/Study, Great Room, Living Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 2: 3
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached, Heated Garage, Off Street Parking

Utilities

  • Heating Cooling: Central Air, Forced Air

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
Jan 22, 2019
Closed on
Mar 5, 2019
Sold by
Lk Holdings Llc
Bought by
Fusco Matthew and Fusco Lennea
Seller's Agent
Jeremy Trenkamp
Realty87
Buyer's Agent
Jeremy Trenkamp
Realty87
List Price
$128,500
Sold Price
$128,000
Premium/Discount to List
-$500
-0.39%
Current Estimated Value
$172,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,076
Avg. Annual Appreciation
4.75%
Original Mortgage
$125,681
Outstanding Balance
$111,604
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$60,472

Purchase Details

Closed on
Mar 31, 2000
Sold by
Engebritson Betty E
Bought by
Ocheltree Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
8.31%
Source: Public Records

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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 $128,000 Security First Title Co
Warranty Deed $44,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,681 FHA
Previous Owner $74,400 Stand Alone Refi Refinance Of Original Loan
Previous Owner $55,000 Unknown
Previous Owner $40,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2019 03/15/19 Sold $128,000 -0.4% $69 / Sq Ft
01/22/2019 01/22/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $128,500 +89.0% $69 / Sq Ft
05/04/2015 05/04/15 Sold $68,000 -15.0% $36 / Sq Ft
03/30/2015 03/30/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $80,000 -- $43 / 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 $2,244 $132,000 $19,000 $113,000
2022 $1,942 $115,300 $19,000 $96,300
2021 $2,024 $102,700 $16,000 $86,700
2020 $2,024 $100,300 $16,000 $84,300
2019 $2,026 $94,000 $14,000 $80,000
2018 $1,668 $94,000 $14,000 $80,000
2017 $1,736 $79,700 $14,000 $65,700
2016 $1,694 $79,700 $14,000 $65,700
2015 $1,671 $78,516 $14,000 $64,516
2014 $1,486 $78,516 $14,000 $64,516
2013 $1,450 $78,516 $14,000 $64,516
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1900627

Cedar Rapids Area Association of REALTORS®

APN: 14223-03035-00000