NOT LISTED FOR SALE

1606 K Ave NE Cedar Rapids, IA 52402

Estimated Value: $118,000 - $139,000

3 Beds
1 Bath
1,227 Sq Ft
$104/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $100,000 $81 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $900/month

53 Days on Market

About This Home

As of May 2022

1.5 story home with 2 main floor bedrooms and full bath in between them. 3rd bedroom in walk up attic. This home is on .44 acre lot. Single car garage with shared Driveway. Lots of possibilities with this property. Vacant and easy to show.

Last Agent to Sell the Property

Jeff Wallick

Keller Williams Legacy Group License #S61249000 Listed on: 02/24/2022

Keller Williams Legacy Group

Last Buyer's Agent

Non-Member Non-Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,274

Year Built

  • Built in 1925

Lot Details

  • 0.44

Parking

  • Garage

Interior Spaces

  • 1 Full Bathroom
  • 1.5-Story Property
  • Oven or Range

Schools

  • Garfield Elementary School

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,274

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 1.5 Story
  • Legal Description: Mound Farm W 90' STR/LB 11 5
  • Lvt Date: 02/24/2022
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 12x9, On Level: Main, Flooring: Other
  • Basement Foundation: Full, Block
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: Full
  • Bedroom 2: Dimensions: 11x9, On Level: Main, Flooring: Other
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 12x9, On Level: Upper, Flooring: Other
  • Bedroom 3 Egress Window: Yes
  • Formal Dining Room: Dimensions: 12x9, On Level: Main, Flooring: Other
  • Kitchen: Dimensions: 10x9, On Level: Main, Flooring: Other
  • Kitchen Dining: Dining Formal
  • Laundry: On Level: Basement, Flooring: Other
  • Living Room: Dimensions: 11x9, On Level: Main, Flooring: Other
  • Price Per Sq Ft: 81.5
  • Finished Sq Ft: 1227
  • Total Sq Ft: 1227
  • Finished Main Level Sq Ft: 856
  • Upper Level Finished Sq Ft: 371

Exterior Features

  • Exterior: Aluminum Siding
  • Road Access: Paved
  • Roofing: Shingles
  • Construction Type: Frame

Garage/Parking

  • Garage Parking: Detached, Shared Drive, Shared Access
  • Garage Yn: Yes
  • Number Cars: 1

Utilities

  • Heating Cooling: Gas, Forced Air, Water Heater - Gas, Central Air, Tankless Water Heater
  • Water Sewer: Public Water, Public Sewer

Schools

  • Elementary School: Garfield
  • Middle School: Franklin
  • High School: Washington
  • Elementary School: Garfield

Lot Info

  • Estimated Lot Size: 90x202x90x224
  • Estimated Number of Acres: 0.44
  • Zoning: Residential
  • Subdivision: Mound Farm
  • Geo Subdivision: IA

Tax Info

  • Annual Taxes: 2274
  • Parcel Id Number Tax Id: 035-14152-53019-00000
  • Tax Year: 2021

MLS Schools

  • High School School District: Washington
  • Middle School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
May 11, 2022
Sold by
Cadog Management Group Llc
Bought by
Slabaugh David
Seller's Agent
Jeff Wallick
Keller Williams Legacy Group
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$114,900
Sold Price
$100,000
Premium/Discount to List
-$14,900
-12.97%
Total Days on Market
53
Current Estimated Value
$127,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,310
Avg. Annual Appreciation
8.76%
Original Mortgage
$80,000
Outstanding Balance
$69,778
Interest Rate
4.52%
Mortgage Type
New Conventional
Estimated Equity
$60,281

Purchase Details

Closed on
Sep 28, 2021
Sold by
Carpenter Norman F and Freedom Mortgage Corporation
Bought by
Cadog Management Group Llc

Purchase Details

Closed on
May 27, 2013
Sold by
Carpenter Jane A
Bought by
Carpenter Norman F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
3.62%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 26, 2002
Sold by
Rissman Shannon Sue and Rissman Rick A
Bought by
Stone James D and Stone Patricia J

Purchase Details

Closed on
Jun 29, 1999
Sold by
Kinley John Patrick
Bought by
Kinley Deborah Jo
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
Slabaugh David $100,000 None Listed On Document
Cadog Management Group Llc $70,100 None Available
Carpenter Norman F -- None Available
Stone James D $57,500 --
Kinley Deborah Jo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slabaugh David $80,000
Previous Owner Cadog Management Group Llc $12,500,000
Previous Owner Carpenter Norman F $97,795
Previous Owner Carpenter Norman F $98,135
Previous Owner Carpenter Norman F $10,000
Previous Owner Carpenter Norman F $78,000
Previous Owner Carpenter Norman F $18,600
Previous Owner Carpenter Norman F $74,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $100,000 -9.0% $81 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
04/13/2022 04/13/22 Price Changed $109,900 -2.2% $90 / Sq Ft
03/23/2022 03/23/22 Price Changed $112,400 -2.2% $92 / Sq Ft
02/24/2022 02/24/22 For Sale $114,900 -- $94 / Sq Ft
Source: RMLS Alliance

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 $2,394 $117,300 $41,000 $76,300
2022 $1,968 $113,500 $41,000 $72,500
2021 $1,898 $107,400 $41,000 $66,400
2020 $1,898 $97,900 $32,800 $65,100
2019 $1,856 $97,900 $32,800 $65,100
2018 $1,728 $97,900 $32,800 $65,100
2017 $2,177 $92,000 $32,800 $59,200
2016 $2,177 $105,800 $34,900 $70,900
2015 $2,323 $112,543 $41,040 $71,503
2014 $2,323 $117,012 $41,040 $75,972
2013 $2,365 $117,012 $41,040 $75,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4230520

RMLS Alliance

APN: 14152-53019-00000