1550 5th Ave SE Cedar Rapids, IA 52403
Wellington Heights Neighborhood
3
Beds
2
Baths
1,864
Sq Ft
1920
Built
Highlights
- Deck
- 2 Car Detached Garage
- Living Room
- Formal Dining Room
- Eat-In Kitchen
- Hot Water Heating System
About This Home
As of March 2019Stunning two story with countless improvements. This gracious home has been lovingly restored while maintaining all if its charm. There is new vinyl siding on the exterior, a full bath on each floor, and a lovely fenced yard with mature plantings. The two stall garage has an additional shop ready for your projects. There are three large bedrooms plus a sewing room that could easily be an office or sleeping porch. There are hardwood floors throughout and a fresh coat of paint in every room. The eat-in kitchen features freshly painted cabinets and a walk-in pantry. The garage used to be 4 stalls, but has since been converted making the back half a shop. There are 8 plug-in's and it is equipped with 220 watt breakers. This is a great place to work on projects with plenty of space. This home is a treasure.
Home Details
Home Type
- Single Family
Year Built
- 1920
Lot Details
- Lot Dimensions are 40 x 140
- Fenced
Home Design
- Frame Construction
- Vinyl Construction Material
Interior Spaces
- 1,864 Sq Ft Home
- 2-Story Property
- Living Room
- Formal Dining Room
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Range
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on third floor
Parking
- 2 Car Detached Garage
- Garage Door Opener
Outdoor Features
- Deck
- Storage Shed
Utilities
- Cooling System Mounted To A Wall/Window
- Hot Water Heating System
- Heating System Uses Gas
- Gas Water Heater
- Satellite Dish
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
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%
Similar Homes in Cedar Rapids, IA
-
$75,000
- 3 Beds
- 1 Bath
- 802 Sq Ft
- 142 14th Ave SW
- Cedar Rapids, IA
Investor Alert! This 3-bedroom, 1-bath home is listed well below assessed value—an excellent opportunity for investors, flippers, or those looking to add to their rental portfolio. With plenty of upside, this property is being sold as-is and is ready for your updates and improvements.
Bonnie Tiernan Realty87
Create a Home Valuation Report for This Property
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 | $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
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
-
Jeremy Trenkamp
Seller's Agent in 2019
Jeremy Trenkamp
Realty87
(319) 270-1323
18 in this area
838 Total Sales
-
Jean Perkins
J
Seller's Agent in 2015
Jean Perkins
SKOGMAN REALTY
3 in this area
89 Total Sales
-
Lucas Burrington
L
Buyer's Agent in 2015
Lucas Burrington
Burrington Real Estate
(515) 402-3687
4 in this area
76 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1500492
APN: 14223-03035-00000
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Information is deemed reliable but not guaranteed.
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