NOT LISTED FOR SALE

1611 5th Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $108,000 - $125,000

3 Beds
1.5 Baths
1,524 Sq Ft
$76/Sq Ft Est. Value

Sale Details

Date Sold: July 25, 2024

Last sale price $94,300 $62 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $739 / mo

8 Days on Market

Highlights

  • 0.42 Acre Lot
  • Eat-In Kitchen
  • Fenced
  • Formal Dining Room
  • Forced Air Cooling System

About This Home

As of July 2024

This home presents an investment opportunity awaiting your personal touch. Boasting original woodwork and abundant character, it promises a rewarding restoration project. There are many built-in features throughout the home. A large dining room is perfect for hosting gatherings. Hardwood floors grace much of the home, offering a classic foundation that invites refinishing to restore their former glory. There is also a handy mudroom from the back entry. The layout includes three spacious bedrooms and a full bath, with a functional half bath in the basement. One of the bedrooms includes a charming sleeping porch that could be a great office or playroom. And, the unfinished walk up attic is just waiting for your creative touch. While the home retains its historic charm, it requires updates, including addressing a cigarette smell throughout. However, all mechanical systems and appliances are reported to be in working order according to the executor's knowledge, ensuring a solid foundation for future enhancements. Priced strategically below assessed value, here is your opportunity to transform this diamond in the rough into a jewel. Taking offers through June 29th with responses by 5:00 on June 30.

Last Agent to Sell the Property

Deanna Long

Realty87 Listed on: 06/22/2024

Realty87

Last Buyer's Agent

Mike Selling Team

GRAF REAL ESTATE, ERA POWERED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,089

Year Built

  • 1926

Lot Details

  • 18,295 Sq Ft Lot
  • Lot Dimensions are 39 x 140
  • Fenced

Home Design

  • Frame Construction

Interior Spaces

  • 1,524 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,089

Year Built

1926

Lot Details

0.42 Acres

Listing Details

  • Style: 2 Stories
  • Acres: 0.4200
  • Above Grade Finished Sq Ft: 1524
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 2089
  • List User Cell Phone: 319-329-8719
  • Miscellaneous: Cable Ready, Fencing
  • Net Tax: 1902
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.04778
  • Ratio Close Price By Original Li: 1.04778
  • Ratio Current Price By Sq Ft: 61.88
  • Total Sq Ft: 1524
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1926

Interior Features

  • Appliances Included: Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 2: 3
  • Level 2 Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: Off Street Parking, On Street Parking

Utilities

  • Heating Cooling: Forced Air, Gas Heat, Window/Wall Air

Lot Info

  • Lot Size: 39 X 140

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2024
Closed on
Jul 22, 2024
Sold by
Bought by
Seller's Agent
Deanna Long
Realty87
Buyer's Agent
Mike Selling Team
GRAF REAL ESTATE, ERA POWERED
List Price
$90,000
Sold Price
$94,300
Premium/Discount to List
$4,300
4.78%
Views
29
Current Estimated Value
$115,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,021
Avg. Annual Appreciation
11.11%
Original Mortgage
$3,300
Interest Rate
6.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$94,500 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $3,300
Open $92,591
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/25/2024 07/25/24 Sold $94,300 +4.8% $62 / Sq Ft
06/30/2024 06/30/24 Pending -- -- --
06/22/2024 06/22/24 For Sale $90,000 -- $59 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,438 $111,100 $25,400 $85,700
2024 $1,438 $98,700 $22,400 $76,300
2023 $774 $98,700 $22,400 $76,300
2022 $626 $84,100 $20,500 $63,600
2021 $912 $78,500 $17,600 $60,900
2020 $912 $86,600 $15,600 $71,000
2019 $686 $78,200 $13,700 $64,500
2018 $638 $78,200 $13,700 $64,500
2017 $1,631 $78,500 $13,700 $64,800
2016 $1,631 $76,700 $13,700 $63,000
2015 $1,743 $81,961 $13,650 $68,311
2014 $744 $81,961 $13,650 $68,311
2013 $708 $81,961 $13,650 $68,311
Source: Public Records

Agents Affiliated with this Home

  • Deanna Long

    Seller's Agent in 2024

    Deanna Long

    Realty87

    (319) 329-8719

    3 in this area

    111 Total Sales

    Deanna Long
    Section Image

  • M

    Buyer's Agent in 2024

    Mike Selling Team

    GRAF REAL ESTATE, ERA POWERED

    (319) 981-3702

    26 in this area

    829 Total Sales

    Mike Selling Team
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2404298

Cedar Rapids Area Association of REALTORS®

APN: 14224-34004-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1611 5th Ave SE, Cedar Rapids, IA

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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