NOT LISTED FOR SALE

1556 8th Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $125,000 - $145,000

3 Beds
1.5 Baths
2,816 Sq Ft
$48/Sq Ft Est. Value

Last Sold August 29, 2019

Last sale price $100,000 $36 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $919/month

7 Days on Market

Highlights

  • Home Theater
  • Great Room
  • Living Room
  • Deck
  • Formal Dining Room
  • Home Security System

About This Home

As of August 2019

This home is loaded with charm and character. Beautiful hardwood floors. Stainless steel appliances in the kitchen and gorgeous brick in the kitchen. Spacious dining room with bay window. Main floor laundry and 3 seasons room. Finished basement features an entertainment room, non conforming bedroom and storage room. Private deck with built in fire pit. Amazing raised flowerbeds with garden area. Perfect 3 car garage with a wood burning stove and 8x25 work shop. Great location walking distance to New Bo Market, schools, hospitals and beautiful downtown. Great home for the money.

Last Agent to Sell the Property

Janel Shimak

Realty87 Listed on: 07/12/2019

Realty87

Last Buyer's Agent

Aaron Webber

Keller Williams Legacy Group

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,639

Year Built

  • 1939

Lot Details

  • Lot Dimensions are 33 x 140
  • Fenced

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Free Standing Fireplace
  • Great Room
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Laundry on main level

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Parking

  • 3 Car Garage
  • Heated Garage

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,639

Year Built

1939

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1312
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 1639
  • List User Cell Phone: 319-270-4004
  • Low Lvl Fin Sq Ft: 1504
  • Miscellaneous: Deck, Fencing, Screen Porch, Security System
  • Net Tax: 1456
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.02041
  • Ratio Close Price By Original Li: 1.02041
  • Ratio Current Price By Sq Ft: 76.22
  • Total Sq Ft: 2816
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1939

Interior Features

  • Additional Room: 1st Floor Family, 1st Floor Laundry, 3 Seasons, Great Room, Living Room, Theater Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 2
  • Fireplace Features: Free Standing
  • Level 1 Full Bathrooms: 1
  • Level 2 Half Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 3 Cars, Heated Garage
  • Garage Size: 3 Car

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

  • Elementary School: Johnson
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 33 X 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2019
Closed on
Aug 23, 2019
Sold by
Johnson Katherine and Gingerich Corey
Bought by
Kelley Colby
Seller's Agent
Janel Shimak
Realty87
Buyer's Agent
Aaron Webber
Keller Williams Legacy Group
List Price
$98,000
Sold Price
$100,000
Premium/Discount to List
$2,000
2.04%
Current Estimated Value
$136,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,107
Avg. Annual Appreciation
5.39%
Original Mortgage
$98,188
Outstanding Balance
$87,266
Interest Rate
3.8%
Mortgage Type
FHA
Estimated Equity
$48,841

Purchase Details

Listed on
Mar 24, 2017
Closed on
May 18, 2017
Sold by
Patric Brennan Investments Inc
Bought by
Johnson Katherine
Seller's Agent
Rossilyn Babington
Pinnacle Realty LLC
Buyer's Agent
Janel Shimak
Realty87
List Price
$97,500
Sold Price
$91,000
Premium/Discount to List
-$6,500
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%
Original Mortgage
$88,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2017
Closed on
Feb 22, 2017
Sold by
Hsbc Bank Usa Na
Bought by
Patrick Brennan Investments Inc
Seller's Agent
Cheryl Rabin
REALHome Services and Solutions, Inc.
Buyer's Agent
QCARA Agent
QCARA Office
List Price
$29,900
Sold Price
$29,559
Premium/Discount to List
-$341
-1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16487.47%

Purchase Details

Listed on
Jan 19, 2017
Closed on
Jan 3, 2017
Sold by
Neuman Jeffrey Jay and Neuman Melody Ross
Bought by
Hsbc Bank Usa Na and Ace Securities Corp Home Equity Loan Tru
Seller's Agent
Cheryl Rabin
REALHome Services and Solutions, Inc.
Buyer's Agent
QCARA Agent
QCARA Office
List Price
$29,900
Sold Price
$29,559
Premium/Discount to List
-$341
-1.14%

Purchase Details

Closed on
Mar 29, 2006
Sold by
Malm Per A and Malm Celia M
Bought by
Neuman Jeffrey Jay and Ross Neuman Melody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
8.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 15, 2004
Sold by
Wells Fargo Bank Iowa Na
Bought by
Malm Per A and Malm Celia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,200
Interest Rate
5.48%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 9, 2003
Sold by
Leinen Matthew J and Leine Pauline G
Bought by
Wells Fargo Bank Iowa Na

Purchase Details

Closed on
Jan 26, 2000
Sold by
Thurn Mary Jo and Thurn Frank A
Bought by
Leinen Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
7.84%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Kelley Colby $100,000 None Available
Johnson Katherine -- None Available
Patrick Brennan Investments Inc -- None Available
Hsbc Bank Usa Na $71,032 None Available
Neuman Jeffrey Jay $83,500 None Available
Malm Per A $68,500 --
Wells Fargo Bank Iowa Na $74,326 --
Leinen Matthew J $65,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelley Colby $98,188
Previous Owner Johnson Katherine $88,000
Previous Owner Neuman Jeffrey Jay $67,200
Previous Owner Malm Per A $55,200
Previous Owner Leinen Matthew J $66,000
Closed Malm Per A $13,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2019 08/29/19 Sold $100,000 +2.0% $36 / Sq Ft
07/19/2019 07/19/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $98,000 +7.7% $35 / Sq Ft
05/19/2017 05/19/17 Sold $91,000 -6.7% $32 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $97,500 +229.8% $35 / Sq Ft
02/27/2017 02/27/17 Sold $29,559 -1.1% $23 / Sq Ft
01/28/2017 01/28/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $29,900 -- $23 / 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 $2,006 $124,400 $15,800 $108,600
2022 $1,986 $95,100 $15,800 $79,300
2021 $1,910 $95,900 $13,300 $82,600
2020 $1,910 $86,600 $13,300 $73,300
2019 $1,540 $80,000 $11,700 $68,300
2018 $1,456 $80,000 $11,700 $68,300
2017 $1,616 $76,000 $11,700 $64,300
2016 $1,616 $76,000 $11,700 $64,300
2015 $1,616 $69,355 $11,666 $57,689
2014 $1,476 $69,355 $11,666 $57,689
2013 $1,444 $69,355 $11,666 $57,689
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Janel Shimak

    Realty87

    (319) 270-4004

    17 Total Sales

    Janel Shimak
    Section Image

  • A

    Buyer's Agent in 2019

    Aaron Webber

    Keller Williams Legacy Group

    (319) 560-0169

    5 in this area

    79 Total Sales

    Aaron Webber
    Section Image

  • C

    Seller's Agent in 2017

    Cheryl Rabin

    REALHome Services and Solutions, Inc.

    (770) 612-7326

    1 in this area

    371 Total Sales

    Cheryl Rabin
    Section Image
  • Rossilyn Babington

    Seller's Agent in 2017

    Rossilyn Babington

    Pinnacle Realty LLC

    (319) 804-5621

    3 in this area

    167 Total Sales

    Rossilyn Babington
    Section Image

  • Q

    Buyer's Agent in 2017

    QCARA Agent

    QCARA Office

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1905174

Cedar Rapids Area Association of REALTORS®

APN: 14223-79036-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1556 8th Ave SE, Cedar Rapids, IA

This home is located at 1556 8th Ave SE, Cedar Rapids, IA 52403 since 12 July 2019 and is currently estimated at $136,107, approximately $48 per square foot. This property was built in 1939. 1556 8th Ave SE is a home located in Linn County with nearby schools including Johnson Elementary School, McKinley STEAM Academy, and George Washington High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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