1612 I Ave NE Cedar Rapids, IA 52402
Mound View Neighborhood
3
Beds
2.5
Baths
1,248
Sq Ft
5,227
Sq Ft Lot
Highlights
- 2 Car Detached Garage
- Combination Kitchen and Dining Room
- Heating Available
About This Home
As of May 2024This one owner home has a lot of potential but needs some updating and repair. It is a front to back split with three levels of finished living space and an unfinished lower level. Located in College District this area is seeing a lot of improvements including the new athletic complex for Mt Mercy University a bike trail with access to the Cedar Lake area. This home would be a good flip property or investment opportunity.
Last Agent to Sell the Property
Robert Lehman
Realty87 Listed on: 12/02/2016
Last Buyer's Agent
Robert Lehman
Realty87 Listed on: 12/02/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,465
Year Built
- 1948
Lot Details
- Lot Dimensions are 40 x 140
Home Design
- Split Level Home
- Slab Foundation
- Frame Construction
Interior Spaces
- 1,248 Sq Ft Home
- Combination Kitchen and Dining Room
- Basement
- Block Basement Construction
- Range<<rangeHoodToken>>
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on third floor
Parking
- 2 Car Detached Garage
- On-Street Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
- Electric Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2024
Closed on
May 8, 2024
Sold by
Springman Mitchell R and Springman Christina
Bought by
Miller Jarrod W and Miller Jennifer J
Seller's Agent
Mike Schulte
Realty87
Buyer's Agent
Mike Selling Team
GRAF REAL ESTATE, ERA POWERED
List Price
$149,500
Sold Price
$155,050
Premium/Discount to List
$5,550
3.71%
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$620
Avg. Annual Appreciation
-1.12%
Original Mortgage
$7,752
Outstanding Balance
$5,061
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$147,992
Purchase Details
Listed on
May 21, 2020
Closed on
Jul 6, 2020
Sold by
Canby Richard A and Canby Richard Alan
Bought by
Springman Mitchell R and Springman Christina
Seller's Agent
Molly Iversen
Realty87
Buyer's Agent
Steven Beltramea Sr.
Exit Eastern Iowa Real Estate
List Price
$119,900
Sold Price
$112,000
Premium/Discount to List
-$7,900
-6.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%
Original Mortgage
$100,800
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 2, 2016
Closed on
Jan 19, 2017
Sold by
Taylor Arthur Dale and Taylor Dorothy Jane
Bought by
Canby Jennifer A and Canby Richard A
Seller's Agent
Robert Lehman
Realty87
Buyer's Agent
Robert Lehman
Realty87
List Price
$75,000
Sold Price
$60,000
Premium/Discount to List
-$15,000
-20%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.71%
Similar Homes in Cedar Rapids, IA
-
$75,000
- 3 Beds
- 1 Bath
- 802 Sq Ft
- 142 14th Ave SW
- Cedar Rapids, IA
Investor Alert! This 3-bedroom, 1-bath home is listed well below assessed value—an excellent opportunity for investors, flippers, or those looking to add to their rental portfolio. With plenty of upside, this property is being sold as-is and is ready for your updates and improvements.
Bonnie Tiernan Realty87
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 | $155,500 | None Listed On Document | |
| Warranty Deed | $112,000 | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $7,752 | New Conventional | |
| Open | $150,398 | New Conventional | |
| Previous Owner | $100,800 | New Conventional | |
| Previous Owner | $27,250 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/09/2024 05/09/24 | Sold | $155,050 | +3.7% | $125 / Sq Ft |
| 04/05/2024 04/05/24 | Pending | -- | -- | -- |
| 04/04/2024 04/04/24 | For Sale | $149,500 | +33.5% | $121 / Sq Ft |
| 07/10/2020 07/10/20 | Sold | $112,000 | -6.6% | $95 / Sq Ft |
| 05/26/2020 05/26/20 | Pending | -- | -- | -- |
| 05/21/2020 05/21/20 | For Sale | $119,900 | +99.8% | $101 / Sq Ft |
| 01/20/2017 01/20/17 | Sold | $60,000 | -20.0% | $48 / Sq Ft |
| 12/09/2016 12/09/16 | Pending | -- | -- | -- |
| 12/02/2016 12/02/16 | For Sale | $75,000 | -- | $60 / 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 |
|---|---|---|---|---|
| 2023 | $2,442 | $133,900 | $24,000 | $109,900 |
| 2022 | $2,390 | $115,800 | $24,000 | $91,800 |
| 2021 | $1,758 | $115,400 | $22,000 | $93,400 |
| 2020 | $1,758 | $88,300 | $17,000 | $71,300 |
| 2019 | $1,548 | $80,300 | $17,000 | $63,300 |
| 2018 | $1,474 | $80,300 | $17,000 | $63,300 |
| 2017 | $1,445 | $68,900 | $17,000 | $51,900 |
| 2016 | $1,445 | $71,300 | $17,000 | $54,300 |
| 2015 | $1,260 | $74,802 | $17,000 | $57,802 |
| 2014 | $1,336 | $78,743 | $17,000 | $61,743 |
| 2013 | $1,384 | $78,743 | $17,000 | $61,743 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Schulte
M
Seller's Agent in 2024
Mike Schulte
Realty87
5 in this area
107 Total Sales
-
Mike Selling Team
M
Buyer's Agent in 2024
Mike Selling Team
GRAF REAL ESTATE, ERA POWERED
(319) 981-3702
12 in this area
594 Total Sales
-
Molly Iversen
Seller's Agent in 2020
Molly Iversen
Realty87
(319) 538-3677
3 in this area
51 Total Sales
-
S
Buyer's Agent in 2020
Steven Beltramea Sr.
Exit Eastern Iowa Real Estate
-
R
Seller's Agent in 2017
Robert Lehman
Realty87
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1612786
APN: 14153-29012-00000
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