NOT LISTED FOR SALE

Estimated Value: $86,000 - $105,000

3 Beds
1 Bath
1,122 Sq Ft
$86/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $73,000 $65 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $653/month

33 Days on Market

Highlights

  • 1.5-Story Property
  • Formal Dining Room
  • Forced Air Cooling System
  • Main Floor Primary Bedroom

About This Home

As of December 2021

This home is located at 1601 7th Ave SE, Cedar Rapids, IA 52403 since 03 November 2021 and is currently estimated at $96,768, approximately $86 per square foot. This property was built in 1914. 1601 7th 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

Larry Stevenson

Realty87 Listed on: 11/03/2021

Realty87

Last Buyer's Agent

Justin Sloan

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,278

Year Built

  • 1914

Lot Details

  • 2,439 Sq Ft Lot
  • Lot Dimensions are 35 x 70

Home Design

  • 1.5-Story Property
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,122 Sq Ft Home
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,278

Year Built

1914

Lot Details

0

Listing Details

  • Style: 1.5 Story, Ranch
  • Acres: 0.0560
  • Above Grade Finished Sq Ft: 1122
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 1278
  • List User Cell Phone: 319-550-2642
  • Net Tax: 1278
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.91250
  • Ratio Close Price By Original Li: 0.91250
  • Ratio Current Price By Sq Ft: 65.06
  • Total Sq Ft: 1122
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1914

Interior Features

  • Appliances Included: Range, Refrigerator, Water Heater – Gas
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 1
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 35 X 70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Dec 30, 2021
Sold by
Grimm Garry E and Grimm Dorothy E
Bought by
Wingshooter Properties Llc
Seller's Agent
Larry Stevenson
Realty87
Buyer's Agent
Justin Sloan
Pinnacle Realty LLC
List Price
$80,000
Sold Price
$73,000
Premium/Discount to List
-$7,000
-8.75%
Current Estimated Value
$96,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,768
Avg. Annual Appreciation
5.87%
Original Mortgage
$80,000
Outstanding Balance
$73,276
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$16,063
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
Wingshooter Properties Llc $73,000 Estlund Tim
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Premier Unlimited Properties L $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $73,000 -8.8% $65 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
11/23/2021 11/23/21 For Sale $80,000 0.0% $71 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $80,000 -- $71 / 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 $1,418 $82,000 $14,100 $67,900
2022 $1,252 $67,200 $12,900 $54,300
2021 $1,418 $60,400 $11,000 $49,400
2020 $1,356 $64,300 $9,800 $54,500
2019 $1,092 $50,700 $8,600 $42,100
2018 $1,062 $50,700 $8,600 $42,100
2017 $1,072 $51,600 $8,600 $43,000
2016 $1,072 $50,400 $8,600 $41,800
2015 $1,106 $51,993 $8,575 $43,418
2014 $1,106 $51,993 $8,575 $43,418
2013 $1,082 $51,993 $8,575 $43,418
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2107629

Cedar Rapids Area Association of REALTORS®

APN: 14224-56007-00000