$60,000
SOLD JAN 20, 2017

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

Recently Sold

$48 Per Sq Ft

20% Below List Price

7 Days on Market

Highlights

  • 2 Car Detached Garage
  • Combination Kitchen and Dining Room
  • Heating Available

About This Home

As of May 2024

This 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

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,465

Year Built

1948

Lot Details

0

Listing Details

  • Style: Split Level
  • Above Grade Finished Sq Ft: 1248
  • Total Bathrooms: 2.10
  • Bedrooms Level 3: 3
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 1465
  • List User Cell Phone: 319-721-6347
  • Net Tax: 1279
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.80000
  • Ratio Close Price By Original Li: 0.80000
  • Ratio Current Price By Sq Ft: 48.08
  • Total Sq Ft: 1248
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Appliances Included: Range, Refrigerator, Water Heater – Electric
  • Basement: Block, Slab
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Level 3 Half Bathrooms: 1
  • Master Bedroom Level: Level 3
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Detached, On Street Parking
  • Garage Size: 20X24

Utilities

  • Heating Cooling: Electricity Heat, Window/Wall Air

Schools

  • Elementary School: Garfield
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: 40 X 140

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
$159,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,082
Avg. Annual Appreciation
1.87%
Original Mortgage
$7,752
Outstanding Balance
$3,781
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$155,351

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%
Source: Public Records

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 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
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

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
2025 $2,370 $155,200 $26,000 $129,200
2024 $2,442 $133,900 $24,000 $109,900
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

  • M

    Seller's Agent in 2024

    Mike Schulte

    Realty87

    5 in this area

    100 Total Sales

    Mike Schulte
    Section Image

  • M

    Buyer's Agent in 2024

    Mike Selling Team

    GRAF REAL ESTATE, ERA POWERED

    (319) 981-3702

    13 in this area

    655 Total Sales

    Mike Selling Team
    Section Image
  • Molly Iversen

    Seller's Agent in 2020

    Molly Iversen

    Realty87

    (319) 538-3677

    3 in this area

    52 Total Sales

    Molly Iversen
    Section Image

  • S

    Buyer's Agent in 2020

    Steven Beltramea Sr.

    Exit Eastern Iowa Real Estate

    Section Image

  • R

    Seller's Agent in 2017

    Robert Lehman

    Realty87

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1612786

Cedar Rapids Area Association of REALTORS®

APN: 14153-29012-00000

Iowa Linn County Cedar Rapids 52402 Mound View

1612 I Ave NE, Cedar Rapids, IA

This home is located at 1612 I Ave NE, Cedar Rapids, IA 52402 and is currently priced at $60,000, approximately $48 per square foot. This property was built in 1948. 1612 I Ave NE is a home located in Linn County with nearby schools including Garfield Elementary School, Franklin Middle School, and George Washington High School.

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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