$115,000
SOLD JUL 29, 2016
3 Beds
1 Bath
1,244 Sq Ft
1957 Built

Recently Sold

$92 Per Sq Ft

3 Days on Market

Highlights

  • 2 Car Detached Garage
  • Tandem Parking
  • 5-minute walk to Noelridge Park
  • Eat-In Kitchen
  • Forced Air Cooling System

About This Home

As of July 2016

This home is located at 1607 48th St NE, Cedar Rapids, IA 52402 and is currently priced at $115,000, approximately $92 per square foot. This property was built in 1957. 1607 48th St NE is a home located in Linn County with nearby schools including Wright Elementary School, Harding Middle School, and George Washington High School.

Last Agent to Sell the Property

Gary Doerrfeld

Realty87 Listed on: 06/24/2016

Realty87

Last Buyer's Agent

Renee Corkery

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,478

Year Built

  • 1957

Lot Details

  • Lot Dimensions are 6 0x 136

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1,244 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Tandem Parking

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,478

Year Built

1957

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Above Grade Finished Sq Ft: 1244
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2478
  • List User Cell Phone: 319-981-2983
  • Net Tax: 2478
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00043
  • Ratio Close Price By Original Li: 1.00043
  • Ratio Current Price By Sq Ft: 92.44
  • Total Sq Ft: 1244
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

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

Exterior Features

  • Construction Methods: Frame
  • Exterior: Steel

Garage/Parking

  • Garage/Parking: 2 Cars, Detached, Tandem
  • Garage Size: 2 Car

Utilities

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

Schools

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

Lot Info

  • Lot Size: 6 0X 136

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2016
Closed on
Jul 25, 2016
Sold by
University Of Iowa Community Credit Unio
Bought by
Chaney Nosek Keenen M
Seller's Agent
Gary Doerrfeld
Realty87
Buyer's Agent
Renee Corkery
Realty87
List Price
$114,950
Sold Price
$115,000
Premium/Discount to List
$50
0.04%
Current Estimated Value
$178,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,116
Avg. Annual Appreciation
5.26%
Original Mortgage
$103,500
Outstanding Balance
$86,484
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$95,832

Purchase Details

Closed on
Apr 26, 2016
Sold by
Sheriff Of Linn County
Bought by
University Of Iowa Community Credit Unio

Purchase Details

Listed on
May 23, 2013
Closed on
Oct 1, 2013
Sold by
Albee Florence M
Bought by
Schrader Daniel R
Seller's Agent
Carolyn Shay
SKOGMAN REALTY
Buyer's Agent
Carolyn Shay
SKOGMAN REALTY
List Price
$119,900
Sold Price
$108,750
Premium/Discount to List
-$11,150
-9.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.47%
Original Mortgage
$97,875
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Type Sale Price Title Company
Warranty Deed -- None Available
Sheriffs Deed $107,933 None Available
Warranty Deed $109,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,393 Credit Line Revolving
Closed $4,393 New Conventional
Closed $5,000 Credit Line Revolving
Open $103,500 New Conventional
Previous Owner $97,875 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $115,000 0.0% $92 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $114,950 +5.7% $92 / Sq Ft
10/03/2013 10/03/13 Sold $108,750 -9.3% $81 / Sq Ft
07/31/2013 07/31/13 Pending -- -- --
05/23/2013 05/23/13 For Sale $119,900 -- $89 / 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 $2,868 $150,300 $31,200 $119,100
2022 $2,668 $136,000 $31,200 $104,800
2021 $2,678 $128,800 $28,100 $100,700
2020 $2,678 $121,400 $23,400 $98,000
2019 $2,508 $116,400 $23,400 $93,000
2018 $2,440 $116,400 $23,400 $93,000
2017 $2,442 $115,800 $23,400 $92,400
2016 $2,442 $114,900 $23,400 $91,500
2015 $2,746 $116,411 $23,400 $93,011
2014 $2,709 $116,411 $23,400 $93,011
2013 $2,168 $116,411 $23,400 $93,011
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1606346

Cedar Rapids Area Association of REALTORS®

APN: 14044-02014-00000