$90,000
SOLD OCT 7, 2022

1606 2nd Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood
4 Beds
2 Baths
2,394 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$38 Per Sq Ft

25% Below List Price

62 Days on Market

Highlights

  • Deck
  • Forced Air Cooling System
  • Living Room
  • Formal Dining Room

About This Home

As of April 2024

Investor alert!!! Assessed for $118,500. So much space and potential!!! If you are looking for room - this is the right home with more than 2300 square feet. The parking behind belongs to the home and goes all the way back to the alley giving plenty of parking space for four or more cars. Four bedrooms above and two full bathrooms. New siding 2021. New roof 2018. Central AC 2020 (for second floor), furnace 2017. New floors in home 2021-22. Being sold as is.

Last Agent to Sell the Property

Deanna Howard

IOWA REALTY Listed on: 06/28/2022

IOWA REALTY

Last Buyer's Agent

Mike Selling Team

GRAF REAL ESTATE, ERA POWERED

Home Details

Home Type

  • Single Family

Year Built

  • 1905

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,394 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • 5,227 Sq Ft Lot

Home Details

Home Type

Single Family

Year Built

1905

Lot Details

0

Listing Details

  • Style: 2 Stories, Over 2 Stories
  • Acres: 0.1200
  • Above Grade Finished Sq Ft: 2394
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 2509
  • List User Cell Phone: 319-929-3836
  • Miscellaneous: Deck
  • Net Tax: 2509
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.75000
  • Ratio Current Price By Sq Ft: 37.59
  • Total Sq Ft: 2394
  • Taxable Value Tv: 118500.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1905

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Living Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 2: 4
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

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

Schools

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

Lot Info

  • Lot Size: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Sep 23, 2022
Sold by
Mcgough Melonie J and Mcgough John
Bought by
Farmer Jeremy
Seller's Agent
Deanna Howard
IOWA REALTY
Buyer's Agent
Mike Selling Team
GRAF REAL ESTATE, ERA POWERED
List Price
$120,000
Sold Price
$90,000
Premium/Discount to List
-$30,000
-25%
Views
85
Current Estimated Value
$143,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,000
Avg. Annual Appreciation
16.87%
Original Mortgage
$72,000
Outstanding Balance
$69,041
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$73,959

Purchase Details

Listed on
Jun 17, 2016
Closed on
Nov 3, 2016
Sold by
Swayze Riley J and Swayze Clara L
Bought by
Manning Melonine J
Seller's Agent
Bob Hackney
SKOGMAN REALTY
Buyer's Agent
Deanna Howard
IOWA REALTY
List Price
$85,000
Sold Price
$83,000
Premium/Discount to List
-$2,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.38%

Purchase Details

Closed on
Sep 21, 1997
Sold by
Verdeck Leonard F and Verdeck Mary Ann
Bought by
Swayze Riley J and Swayze Clara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,471
Interest Rate
7.7%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $90,000 --
Warranty Deed -- None Available
Warranty Deed $56,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $72,000 New Conventional
Previous Owner $56,471 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $119,900 0.0% $50 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $119,900 +33.2% $50 / Sq Ft
10/07/2022 10/07/22 Sold $90,000 0.0% $38 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/14/2022 08/14/22 Price Changed $90,000 -5.3% $38 / Sq Ft
07/26/2022 07/26/22 Price Changed $95,000 -5.0% $40 / Sq Ft
07/13/2022 07/13/22 Price Changed $100,000 -9.1% $42 / Sq Ft
07/05/2022 07/05/22 Price Changed $110,000 -8.3% $46 / Sq Ft
06/28/2022 06/28/22 For Sale $120,000 +44.6% $50 / Sq Ft
11/10/2016 11/10/16 Sold $83,000 -2.4% $35 / Sq Ft
09/08/2016 09/08/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $85,000 -- $36 / 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
2025 $1,918 $141,600 $25,000 $116,600
2024 $2,500 $134,700 $22,000 $112,700
2023 $2,500 $118,900 $19,000 $99,900
2022 $2,020 $118,500 $19,000 $99,500
2021 $2,060 $97,500 $16,000 $81,500
2020 $2,060 $93,400 $16,000 $77,400
2019 $1,938 $89,900 $14,000 $75,900
2018 $1,884 $89,900 $14,000 $75,900
2017 $1,740 $91,700 $14,000 $77,700
2016 $1,879 $91,700 $14,000 $77,700
2015 $1,694 $90,489 $14,000 $76,489
2014 $1,670 $90,489 $14,000 $76,489
2013 $1,628 $90,489 $14,000 $76,489
Source: Public Records

Agents Affiliated with this Home

  • Deanna Howard

    Seller's Agent in 2024

    Deanna Howard

    IOWA REALTY

    (319) 929-3836

    4 in this area

    89 Total Sales

    Deanna Howard
    Section Image

  • S

    Seller Co-Listing Agent in 2024

    Stacy Miller

    IOWA REALTY

    (319) 981-1241

    2 in this area

    5 Total Sales

    Stacy Miller
    Section Image

  • S

    Buyer's Agent in 2024

    Sarah Kingland

    Keller Williams Legacy Group

    (319) 538-3892

    1 in this area

    14 Total Sales

    Sarah Kingland
    Section Image

  • M

    Buyer's Agent in 2022

    Mike Selling Team

    GRAF REAL ESTATE, ERA POWERED

    (319) 981-3702

    21 in this area

    648 Total Sales

    Mike Selling Team
    Section Image
  • Bob Hackney

    Seller's Agent in 2016

    Bob Hackney

    SKOGMAN REALTY

    (319) 350-2609

    38 Total Sales

    Bob Hackney
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2205645

Cedar Rapids Area Association of REALTORS®

APN: 14222-06012-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1606 2nd Ave SE, Cedar Rapids, IA

This home is located at 1606 2nd Ave SE, Cedar Rapids, IA 52403 and is currently priced at $90,000, approximately $37 per square foot. This property was built in 1905. 1606 2nd 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.
Information is deemed reliable but not guaranteed.

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