NOT LISTED FOR SALE

Estimated Value: $68,479 - $77,000

1 Bed
1 Bath
440 Sq Ft
$165/Sq Ft Est. Value

Last Sold December 31, 2021

Last sale price $56,000 $127 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $504/month

4 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Combination Kitchen and Dining Room
  • Main Floor Primary Bedroom
  • Forced Air Cooling System
  • Fenced

About This Home

As of December 2021

Perfect for an investor or first-time home buyer looking to cash in on some sweat equity. Conveniently located near Hy-Vee and access to I-380, this 1 bedroom home is situated on a spacious 0.275 acre lot and features a newer roof, a new backdoor access to a privacy fenced yard between the house and the detached 1 stall garage, some windows have been replaced, and all appliances are included. This property is being sold "As-Is" and any inspections done will be for the buyer's knowledge only.

Last Listed By

Brent Rule

RE/MAX CONCEPTS Listed on: 11/29/2021

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,072

Year Built

  • 1946

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 50x240
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 440 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Range

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,072

Year Built

1946

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2750
  • Above Grade Finished Sq Ft: 440
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 1072
  • List User Cell Phone: 319-573-0811
  • Miscellaneous: Cable Ready, Fencing
  • Net Tax: 882
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.95726
  • Ratio Close Price By Original Li: 0.95726
  • Ratio Current Price By Sq Ft: 127.27
  • Total Sq Ft: 440
  • Taxable Value Tv: 53000.00
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1946

Interior Features

  • Appliances Included: Dryer, Range, Refrigerator, Washer, Water Heater – Gas
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 1: 1
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached
  • Garage Size: 1Stall

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Schools

  • Elementary School: Wright
  • Middle School: Harding
  • High School: Washington

Lot Info

  • Lot Size: 50x240

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2025
Sold by
Borchert Gregory A and Borchert Nicki N
Bought by
Borchert Joint Revocable Trust and Borchert
Total Days on Market
4
Current Estimated Value
$72,620

Purchase Details

Listed on
Nov 29, 2021
Closed on
Dec 12, 2021
Sold by
Gray Alissa S and Gray Jamie R
Bought by
Borchert Gregory A and Borchert Nicki N
Seller's Agent
Brent Rule
RE/MAX CONCEPTS
Buyer's Agent
Nicki Borchert
IOWA REALTY
List Price
$58,500
Sold Price
$56,000
Premium/Discount to List
-$2,500
-4.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%
Original Mortgage
$44,800
Interest Rate
2.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2008
Sold by
Nelson Mark H P and Nelson Patricia A
Bought by
Power Alissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,345
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2005
Sold by
Bright Lon J and Bright Stephanie M
Bought by
Bright Patricia A

Purchase Details

Closed on
Jul 8, 1999
Sold by
Robert & Evelyn Zingula Living Trust
Bought by
Revocable Trust Of Robert V Zingula

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
Borchert Joint Revocable Trust -- None Listed On Document
Borchert Joint Revocable Trust -- None Listed On Document
Borchert Gregory A $56,000 Security First Title
Power Alissa A $38,000 None Available
Bright Patricia A $31,500 --
Revocable Trust Of Robert V Zingula -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Borchert Gregory A $44,800
Previous Owner Power Alissa A $37,345
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2021 12/31/21 Sold $56,000 -4.3% $127 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $58,500 -- $133 / 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 $1,218 $62,600 $23,000 $39,600
2022 $912 $57,700 $23,000 $34,700
2021 $882 $53,000 $21,600 $31,400
2020 $882 $48,600 $17,300 $31,300
2019 $830 $47,000 $17,300 $29,700
2018 $776 $47,000 $17,300 $29,700
2017 $808 $45,600 $17,300 $28,300
2016 $969 $45,600 $17,300 $28,300
2015 $925 $43,477 $14,375 $29,102
2014 $740 $43,477 $14,375 $29,102
2013 $720 $43,477 $14,375 $29,102
Source: Public Records

Agents Affiliated with this Home

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Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2108106

Cedar Rapids Area Association of REALTORS®

APN: 14094-02011-00000