NOT LISTED FOR SALE

1600 24th St NW Cedar Rapids, IA 52405

Estimated Value: $185,000 - $226,000

3 Beds
1.5 Baths
1,807 Sq Ft
$114/Sq Ft Est. Value

Last Sold April 25, 2018

Last sale price $101,800 $56 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,408/month

9 Days on Market

Highlights

  • Deck
  • Recreation Room
  • 3 Car Detached Garage
  • John F. Kennedy High School Rated A-
  • Ranch Style House
  • Forced Air Cooling System

About This Home

As of April 2018

Investor Alert! you don't want to miss this one! Great home with so much space, this home has a large 3 stall garage along with a finished basement. Property must be on the market 5 days before any offers can be submitted, all offers must include attachment. Property was built before 1978 and may contain Lead Based Paint. Seller/VA does not pay for buyer’s title policy. Buyer selects Title Company and pays title policy/insurance and all title fees. Offers are emailed to newhomebykathy@yahoo.com.

Last Agent to Sell the Property

KATHY EIGHME

FUSION REALTORS Listed on: 03/19/2018

Last Buyer's Agent

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES

Home Details

Home Type

  • Single Family

Year Built

  • 1962

Lot Details

  • 8,146

Parking

  • 3 Car Detached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • Family Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Additional Features

  • Deck
  • 8,146 Sq Ft Lot

Home Details

Home Type

Single Family

Year Built

1962

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1870
  • Above Grade Finished Sq Ft: 1168
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 2623
  • List User Cell Phone: 319-231-6980
  • Low Lvl Fin Sq Ft: 639
  • Miscellaneous: Deck
  • Net Tax: 2438
  • Other: Repo
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.19765
  • Ratio Close Price By Original Li: 1.19765
  • Ratio Current Price By Sq Ft: 87.16
  • Total Sq Ft: 1807
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Additional Room: 1st Floor Family, 4 Seasons, Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 7

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 3 Cars, Detached

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

  • Elementary School: Madison
  • Middle School: Roosevelt
  • High School: Kennedy

Lot Info

  • Lot Size: .187 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2023
Sold by
Hanson Edward
Bought by
Hanson Edward
Total Days on Market
9
Current Estimated Value
$206,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Outstanding Balance
$187,980
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$18,767

Purchase Details

Closed on
Oct 24, 2018
Sold by
Facion Mark A and Facion Tamara S
Bought by
Hanson Edward and Hanson Jarred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,228
Interest Rate
4.6%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 2018
Sold by
Next Home Solutions Llc
Bought by
Facion Mark A and Facion Tammy

Purchase Details

Listed on
Mar 19, 2018
Closed on
Apr 18, 2018
Sold by
Secretary Of Veterans Affair
Bought by
Facion Mark A and Facion Tamara S
Seller's Agent
KATHY EIGHME
FUSION REALTORS
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$85,000
Sold Price
$101,800
Premium/Discount to List
$16,800
19.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%

Purchase Details

Closed on
Jan 25, 2018
Sold by
Wells Fargo Bank N A
Bought by
Secretary Veterans Affairs

Purchase Details

Closed on
Aug 3, 2010
Sold by
Prokop Bernice A and Hagerman Bernice
Bought by
Fredericks Nathaniel R and Fredericks Robyn M C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,832
Interest Rate
4.63%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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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
Hanson Edward -- --
Hanson Edward $153,000 None Available
Facion Mark A $135,000 None Available
Facion Mark A $101,800 None Available
Secretary Veterans Affairs -- None Available
Fredericks Nathaniel R $109,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanson Edward $193,000
Previous Owner Hanson Edward $149,646
Previous Owner Hanson Edward $149,227
Previous Owner Hanson Edward $150,228
Previous Owner Fredericks Nathaniel R $111,454
Previous Owner Fredericks Nathaniel R $110,832
Previous Owner Prokop Wesley J $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2018 04/25/18 Sold $101,800 +19.8% $56 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $85,000 -- $47 / 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 $3,056 $178,300 $33,700 $144,600
2022 $2,828 $157,200 $33,700 $123,500
2021 $2,926 $148,900 $30,500 $118,400
2020 $2,926 $144,500 $30,500 $114,000
2019 $2,680 $124,300 $25,700 $98,600
2018 $2,606 $124,300 $25,700 $98,600
2017 $2,438 $123,700 $25,700 $98,000
2016 $2,559 $123,700 $25,700 $98,000
2015 $2,499 $120,758 $25,705 $95,053
2014 $2,314 $120,758 $25,705 $95,053
2013 $2,258 $120,758 $25,705 $95,053
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1801757

Cedar Rapids Area Association of REALTORS®

APN: 14191-27026-00000