NOT LISTED FOR SALE

1602 8th Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $89,000 - $125,000

3 Beds
1 Bath
1,047 Sq Ft
$96/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $42,000 $40 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $567/month

165 Days on Market

Highlights

  • Formal Dining Room
  • Forced Air Cooling System
  • Family Room

About This Home

As of December 2018

Affordable living!! This home has been in the family for years and is now ready for a new owner! Inside features natural woodwork throughout, and many updates including paint, professional ceiling tiles, flooring and updated bathroom! The furnace is one year old and the water heater is two years old. Basement is clean and used for additional storage space. Call to tour today!!

Last Agent to Sell the Property

Jesse Grade

SKOGMAN REALTY CORRIDOR Listed on: 06/22/2018

SKOGMAN REALTY CORRIDOR

Last Buyer's Agent

Rachael Ray

SKOGMAN REALTY

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Year Built

  • 1912

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 35 x 75

Parking

  • On-Street Parking

Home Design

  • Frame Construction

Interior Spaces

  • 1,047 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

1912

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.0600
  • Above Grade Finished Sq Ft: 1047
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 1163
  • List User Cell Phone: 319-241-0579
  • Miscellaneous: Cable Ready
  • Net Tax: 1167
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.84000
  • Ratio Close Price By Original Li: 0.73043
  • Ratio Current Price By Sq Ft: 40.11
  • Total Sq Ft: 1047
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1912

Interior Features

  • Appliances Included: Range, Water Heater – Gas
  • Additional Room: 1st Floor Family
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 2: 3
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: On Street Parking

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 35 X 75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2018
Closed on
Dec 26, 2018
Sold by
Viktora Paul A and Viktora Shari L
Bought by
Forever Rentals Llc
Seller's Agent
Jesse Grade
SKOGMAN REALTY CORRIDOR
Buyer's Agent
Rachael Ray
SKOGMAN REALTY
List Price
$50,000
Sold Price
$42,000
Premium/Discount to List
-$8,000
-16%
Current Estimated Value
$100,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,710
Avg. Annual Appreciation
13.19%
Original Mortgage
$33,600
Outstanding Balance
$29,945
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$64,626
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
Forever Rentals Llc $42,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forever Rentals Llc $33,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $42,000 -16.0% $40 / Sq Ft
12/04/2018 12/04/18 Pending -- -- --
12/04/2018 12/04/18 For Sale $50,000 +19.0% $48 / Sq Ft
11/30/2018 11/30/18 Off Market $42,000 -- --
10/26/2018 10/26/18 For Sale $50,000 +19.0% $48 / Sq Ft
10/22/2018 10/22/18 Off Market $42,000 -- --
10/08/2018 10/08/18 Price Changed $50,000 -9.1% $48 / Sq Ft
08/08/2018 08/08/18 Price Changed $55,000 -4.3% $53 / Sq Ft
06/22/2018 06/22/18 For Sale $57,500 -- $55 / 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 $131 $63,100 $14,700 $48,400
2022 $137 $53,700 $13,400 $40,300
2021 $934 $48,100 $11,500 $36,600
2020 $143 $42,300 $10,200 $32,100
2019 $1,114 $51,700 $8,900 $42,800
2018 $1,275 $51,700 $8,900 $42,800
2017 $1,092 $52,600 $8,900 $43,700
2016 $1,092 $51,400 $8,900 $42,500
2015 $1,157 $53,938 $8,943 $44,995
2014 $1,148 $53,938 $8,943 $44,995
2013 $1,124 $53,938 $8,943 $44,995
Source: Public Records

Agents Affiliated with this Home

  • Jesse Grade

    Seller's Agent in 2018

    Jesse Grade

    SKOGMAN REALTY CORRIDOR

    (319) 241-0579

    264 Total Sales

    Jesse Grade
    Section Image
  • Rachael Ray

    Buyer's Agent in 2018

    Rachael Ray

    SKOGMAN REALTY

    (319) 270-3104

    6 in this area

    199 Total Sales

    Rachael Ray
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1804425

Cedar Rapids Area Association of REALTORS®

APN: 14224-56012-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1602 8th Ave SE, Cedar Rapids, IA

This home is located at 1602 8th Ave SE, Cedar Rapids, IA 52403 since 22 June 2018 and is currently estimated at $100,710, approximately $96 per square foot. This property was built in 1912. 1602 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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