J
Seller's Agent in 2020
Jeff Nelson
Teri Graf Real Estate Team
(319) 343-5333
2 in this area
141 Total Sales
1608 I Ave NE Cedar Rapids, IA 52402
Mound View Neighborhood
2
Beds
1.5
Baths
709
Sq Ft
5,619
Sq Ft Lot
Highlights
- Main Floor Primary Bedroom
- Forced Air Cooling System
- Satellite Dish
- Formal Dining Room
About This Home
As of July 2020Do the math! Purchase price + interest + taxes = STILL HALF OF RENT! This is a great fixer upper for a first time home buyer to build equity or the perfect rental for the investor. Needs fascia replaced and gutters reattached. That, along with easy cosmetic updates and updated appliances and you're in business. Property sold as is and immediate possession is available. Priced almost 20k below assessed value. See it, make an offer...seller will review all offers on Jan 31st at 4:30pm
Home Details
Home Type
- Single Family
Year Built
- 1924
Lot Details
- 5,619 Sq Ft Lot
Home Design
- Frame Construction
- Vinyl Construction Material
Interior Spaces
- 709 Sq Ft Home
- 2-Story Property
- 1.75 Story Property
- Formal Dining Room
- Basement Fills Entire Space Under The House
- Range
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Parking
- 1 Car Garage
- Off-Street Parking
Utilities
- Forced Air Cooling System
- Cooling System Mounted To A Wall/Window
- Heating System Uses Gas
- Gas Water Heater
- Satellite Dish
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 15, 2022
Sold by
Morgan Havener
Bought by
Mdm Properties Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Outstanding Balance
$51,142
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$82,974
Purchase Details
Listed on
May 26, 2020
Closed on
Jul 17, 2020
Sold by
Iversen Mary N and Iversen Peter J
Bought by
Havener Morgan
Seller's Agent
Molly Iversen
Realty87
Buyer's Agent
Molly Iversen
Realty87
List Price
$115,000
Sold Price
$112,000
Premium/Discount to List
-$3,000
-2.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.53%
Original Mortgage
$108,640
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 20, 2020
Closed on
Feb 24, 2020
Sold by
Greenlee Robert J
Bought by
Iversen Mary N and Iversen Peter J
Seller's Agent
Jeff Nelson
Teri Graf Real Estate Team
Buyer's Agent
Molly Iversen
Realty87
List Price
$56,500
Sold Price
$52,500
Premium/Discount to List
-$4,000
-7.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
597.82%
Purchase Details
Listed on
Jan 20, 2020
Closed on
Feb 19, 2020
Sold by
Covington Luann and Greenlee Luann Covington
Bought by
Greenlee Robert John
Seller's Agent
Jeff Nelson
Teri Graf Real Estate Team
Buyer's Agent
Molly Iversen
Realty87
List Price
$56,500
Sold Price
$52,500
Premium/Discount to List
-$4,000
-7.08%
Purchase Details
Closed on
Jun 26, 2003
Sold by
Gordon Blair and Gordon Stephanie
Bought by
Greenlee Robert J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,905
Interest Rate
8.14%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 31, 2000
Sold by
Rathje Melvin L and Rathje Elaine M
Bought by
Gordon Blair
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,472
Interest Rate
8.39%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $122,000 | None Listed On Document | |
| Warranty Deed | $112,000 | None Available | |
| Warranty Deed | $52,500 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $65,000 | -- | |
| Warranty Deed | $53,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $129,000 | New Conventional | |
| Previous Owner | $108,640 | New Conventional | |
| Previous Owner | $58,905 | Unknown | |
| Previous Owner | $53,472 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/20/2020 07/20/20 | Sold | $112,000 | -2.6% | $158 / Sq Ft |
| 06/09/2020 06/09/20 | Pending | -- | -- | -- |
| 06/01/2020 06/01/20 | For Sale | $115,000 | 0.0% | $162 / Sq Ft |
| 05/27/2020 05/27/20 | Pending | -- | -- | -- |
| 05/26/2020 05/26/20 | For Sale | $115,000 | +119.0% | $162 / Sq Ft |
| 02/27/2020 02/27/20 | Sold | $52,500 | -7.1% | $74 / Sq Ft |
| 02/03/2020 02/03/20 | Pending | -- | -- | -- |
| 01/20/2020 01/20/20 | For Sale | $56,500 | -- | $80 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 | $2,040 | $122,500 | $26,000 | $96,500 |
| 2024 | $2,206 | $115,300 | $24,000 | $91,300 |
| 2023 | $2,206 | $115,300 | $24,000 | $91,300 |
| 2022 | $1,972 | $113,500 | $24,000 | $89,500 |
| 2021 | $1,714 | $104,200 | $22,000 | $82,200 |
| 2020 | $1,714 | $77,700 | $17,000 | $60,700 |
| 2019 | $1,448 | $75,700 | $17,000 | $58,700 |
| 2018 | $1,404 | $75,700 | $17,000 | $58,700 |
| 2017 | $1,411 | $63,900 | $17,000 | $46,900 |
| 2016 | $1,411 | $66,400 | $17,000 | $49,400 |
| 2015 | $1,443 | $67,825 | $17,000 | $50,825 |
| 2014 | $1,258 | $71,291 | $17,000 | $54,291 |
| 2013 | $1,298 | $71,291 | $17,000 | $54,291 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Nelson
-
Molly Iversen
Seller's Agent in 2020
Molly Iversen
Realty87
(319) 538-3677
3 in this area
52 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2000585
APN: 14153-29011-00000
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