NOT LISTED FOR SALE

1560 5th Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $107,161 - $172,000

4 Beds
4 Baths
3,222 Sq Ft
$45/Sq Ft Est. Value

Last Sold July 03, 2017

Last sale price $76,000 $24 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,004/month

53 Days on Market

About This Home

As of July 2017

This home is located at 1560 5th Ave SE, Cedar Rapids, IA 52403 since 27 March 2017 and is currently estimated at $145,720, approximately $45 per square foot. This property was built in 1914. 1560 5th Ave SE is a home located in Linn County with nearby schools including Johnson STEAM Academy, McKinley STEAM Academy, and George Washington High School.

Last Agent to Sell the Property

Saige Turner

Pinnacle Realty LLC Listed on: 03/27/2017

Last Buyer's Agent

Randy Richter

RUHL & RUHL REALTORS®

RUHL & RUHL REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,328

Year Built

  • 1914

Home Design

  • 3,222 Sq Ft Home
  • Frame Construction

Utilities

  • Gravity Heating System

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,328

Year Built

1914

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • Gross Tax: 1328
  • List User Cell Phone: 319-329-9408
  • Net Tax: 1328
  • Noof Units One Bedroom: 4
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.89412
  • Ratio Close Price By Original Li: 0.89412
  • Ratio Current Price By Sq Ft: 23.59
  • Total Sq Ft: 3222
  • Style St: Side/Side, Upper/Lower
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1914

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Utilities

  • Heating Cooling: Gravity

Schools

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

Lot Info

  • Lot Size: Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2017
Closed on
Jun 30, 2017
Sold by
Talon Enterprises Llc
Bought by
Absolut Properties Llc
Seller's Agent
Saige Turner
Pinnacle Realty LLC
Buyer's Agent
Randy Richter
RUHL & RUHL REALTORS®
List Price
$85,000
Sold Price
$76,000
Premium/Discount to List
-$9,000
-10.59%
Current Estimated Value
$145,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,720
Avg. Annual Appreciation
8.31%
Original Mortgage
$73,894
Outstanding Balance
$57,279
Interest Rate
3.94%
Mortgage Type
Commercial
Estimated Equity
$88,441

Purchase Details

Closed on
Mar 10, 2014
Sold by
Bailey Jason J and Bailey Jenny
Bought by
Talon Enterprises Llc

Purchase Details

Closed on
Nov 15, 2013
Sold by
Walterman Property Group Llc
Bought by
Bailey Jason J

Purchase Details

Listed on
May 13, 2013
Closed on
Jun 13, 2013
Sold by
Walterman Property Group Llc
Bought by
Bailey Jason
Seller's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$59,950
Sold Price
$60,000
Premium/Discount to List
$50
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%

Purchase Details

Closed on
Sep 28, 2005
Sold by
Metro Area Housing Program Inc
Bought by
Walterman Daniel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,700
Interest Rate
6.25%
Mortgage Type
Commercial
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
Absolut Properties Llc $76,000 None Available
Talon Enterprises Llc $59,500 None Available
Bailey Jason J $60,000 None Available
Bailey Jason $60,000 None Available
Walterman Daniel L $81,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Absolut Properties Llc $73,894
Closed Absolut Properties Llc $73,894
Previous Owner Talon Enterprises Llc $106,500
Previous Owner Walterman Daniel L $69,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2017 07/03/17 Sold $76,000 -10.6% $24 / Sq Ft
05/19/2017 05/19/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $85,000 +41.7% $26 / Sq Ft
06/13/2013 06/13/13 Sold $60,000 +0.1% $19 / Sq Ft
05/30/2013 05/30/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $59,950 -- $19 / 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
2024 $2,546 $148,400 $25,300 $123,100
2023 $2,546 $144,900 $21,800 $123,100
2022 $2,764 $120,700 $21,800 $98,900
2021 $2,992 $113,300 $18,400 $94,900
2020 $2,992 $113,300 $16,100 $97,200
2019 $1,807 $50,000 $16,100 $33,900
2018 $1,484 $50,000 $16,100 $33,900
2017 $1,328 $40,300 $12,900 $27,400
2016 $1,328 $40,300 $12,900 $27,400
2015 $2,062 $60,000 $12,878 $47,122
2014 $2,062 $80,626 $7,727 $72,899
2013 $2,932 $80,626 $7,727 $72,899
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Saige Turner

    Pinnacle Realty LLC

  • Randy Richter

    Buyer's Agent in 2017

    Randy Richter

    Ruhl & Ruhl

    (319) 310-1430

    4 in this area

    111 Total Sales

    Randy Richter
    Section Image

  • G

    Seller's Agent in 2013

    Graf Home Selling Team

    GRAF HOME SELLING TEAM & ASSOCIATES

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1703352

Cedar Rapids Area Association of REALTORS®

APN: 14223-03037-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1560 5th Ave SE, Cedar Rapids, IA

This home is located at 1560 5th Ave SE, Cedar Rapids, IA 52403 since 27 March 2017 and is currently estimated at $145,720, approximately $45 per square foot. This property was built in 1914. 1560 5th Ave SE is a home located in Linn County with nearby schools including Johnson STEAM Academy, 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.
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