NOT LISTED FOR SALE

1612 K Ave NE Cedar Rapids, IA 52402

Estimated Value: $132,000 - $150,435

2 Beds
1 Bath
1,250 Sq Ft
$111/Sq Ft Est. Value

Last Sold July 28, 2015

Last sale price $56,000 $45 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $924/month

53 Days on Market

Highlights

  • Ranch Style House
  • 4 Car Detached Garage
  • Living Room
  • Formal Dining Room
  • Forced Air Cooling System
  • Satellite Dish

About This Home

As of July 2015

Step into this 2 bedroom, 1 bath home with tons of potential. Living room/ dining combo with built ins, french doors into one of the bedrooms. Jack and Jill bathroom , with plenty of storage. Finished basement with bonus room. Huge garage can hold up to 4 cars, shared driveway and plenty of room to park. Nice sized fenced yard. Must See! This property is managed by MMREM, it is "sold as is". For more information please visit www.hudhomestore.com or www.mmrem.com or call listing agent. case #161-213604. The first 15 days from list date it is open for owner occ bids only. After the 15th day, it is open to Investors.

Last Agent to Sell the Property

Penny Novak

SKOGMAN REALTY Listed on: 04/16/2015

SKOGMAN REALTY

Last Buyer's Agent

Doris Ackerman

KW Advantage

KW Advantage

Home Details

Home Type

  • Single Family

Year Built

  • 1915

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 40 x 224

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Car Detached Garage
  • Garage Door Opener

Utilities

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

Home Details

Home Type

Single Family

Year Built

1915

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2100
  • Above Grade Finished Sq Ft: 784
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 2162
  • List User Cell Phone: 319-981-3484
  • Low Lvl Fin Sq Ft: 466
  • Miscellaneous: Satellite Dish
  • Net Tax: 2162
  • Other: Repo
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.85496
  • Ratio Close Price By Original Li: 0.85496
  • Ratio Current Price By Sq Ft: 71.43
  • Total Sq Ft: 1250
  • Tax Roll Number: 4152530200000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1915

Interior Features

  • Appliances Included: Dishwasher, Garage Door Opener, Water Heater – Gas
  • Additional Room: Living Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Composite

Garage/Parking

  • Garage/Parking: 1 Car, 4 Or More Cars, Detached
  • Garage Size: 4 CAR

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 40 X 224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2022
Sold by
Co3 Investments Llc
Bought by
Desko Cecelia and Villanueva Michael X
Current Estimated Value
$139,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Outstanding Balance
$94,489
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$44,870

Purchase Details

Closed on
Nov 19, 2015
Sold by
Truemper Jeremy and Truemper Angela E
Bought by
Co3 Investments Llc

Purchase Details

Listed on
Apr 16, 2015
Closed on
Jul 16, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Truemper Jeremy
Seller's Agent
Penny Novak
SKOGMAN REALTY
Buyer's Agent
Doris Ackerman
KW Advantage
List Price
$65,500
Sold Price
$56,000
Premium/Discount to List
-$9,500
-14.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%

Purchase Details

Closed on
Jun 25, 2014
Sold by
Nationwide Advantage Mortgage Co
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jun 24, 2014
Sold by
Glowacki Andrew and Glowacki Rhea K
Bought by
Nationwide Advantage Mortgage Go

Purchase Details

Closed on
Jan 28, 2005
Sold by
Stone James D and Stone Patricia J
Bought by
Glowacki Andrew and Glowacki Rhea K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,250
Interest Rate
5.77%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 1999
Sold by
Soper David L and Soper Bonnie J
Bought by
Rissman Shannon Sue and Rissman Rick A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,850
Interest Rate
7%
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 Buyer Sale Price Title Company
Desko Cecelia $115,000 Scott M Oshea & Oshea Pc
Co3 Investments Llc $90,000 None Available
Truemper Jeremy -- None Available
Secretary Of Housing & Urban Development $85,500 None Available
Nationwide Advantage Mortgage Go $85,471 None Available
Glowacki Andrew $91,500 --
Rissman Shannon Sue $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desko Cecelia $99,000
Previous Owner Glowacki Andrew $91,250
Previous Owner Rissman Shannon Sue $59,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2015 07/28/15 Sold $56,000 -14.5% $45 / Sq Ft
06/08/2015 06/08/15 Pending -- -- --
04/16/2015 04/16/15 For Sale $65,500 -- $52 / 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 $2,222 $141,500 $25,500 $116,000
2024 $2,384 $125,600 $23,200 $102,400
2023 $2,384 $125,600 $23,200 $102,400
2022 $2,152 $113,000 $23,200 $89,800
2021 $2,130 $103,900 $23,200 $80,700
2020 $2,074 $96,500 $18,600 $77,900
2019 $2,262 $96,500 $18,600 $77,900
2018 $2,163 $96,500 $18,600 $77,900
2017 $1,936 $91,000 $18,600 $72,400
2016 $1,936 $91,100 $19,700 $71,400
2015 $1,936 $99,082 $23,200 $75,882
2014 $2,108 $103,825 $23,200 $80,625
2013 $2,162 $103,825 $23,200 $80,625
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Penny Novak

    SKOGMAN REALTY

    Section Image
  • Doris Ackerman

    Buyer's Agent in 2015

    Doris Ackerman

    KW Advantage

    (319) 361-2934

    366 Total Sales

    Doris Ackerman
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1502939

Cedar Rapids Area Association of REALTORS®

APN: 14152-53020-00000

Iowa Linn County Cedar Rapids 52402

1612 K Ave NE, Cedar Rapids, IA

This home is located at 1612 K Ave NE, Cedar Rapids, IA 52402 since 16 April 2015 and is currently estimated at $139,359, approximately $111 per square foot. This property was built in 1915. 1612 K 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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