$116,000
SOLD MAY 27, 2022

1616 B Ave NW Cedar Rapids, IA 52405

2 Beds
1 Bath
840 Sq Ft
5,619 Sq Ft Lot

Recently Sold

$138 Per Sq Ft

16% Above List Price

5 Days on Market

Highlights

  • Deck
  • Screened Porch
  • 2 Car Detached Garage
  • Main Floor Primary Bedroom
  • Formal Dining Room
  • Forced Air Cooling System

About This Home

As of May 2022

This is the one! Lovingly cared for and updated considerably since purchased with all new windows, paint, and finishes to name just a few. This great starter home is conveniently located just minutes from downtown, 380, or our southwest locations of the city. A great two car detached garage with alley access make this property an incredible opportunity in today’s market. We are trying to give as many buyers a chance to get in to see this home as possible but please don’t delay as the sellers are reserving their right to accept an offer at any time. Our plan is to consider all offer through noon pm on Sunday and decide by 5:00pm.

Last Agent to Sell the Property

Jason Vestweber

SKOGMAN REALTY Listed on: 04/26/2022

SKOGMAN REALTY

Last Buyer's Agent

Arlene Heck

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,774

Year Built

  • 1923

Lot Details

  • 5,619 Sq Ft Lot
  • Lot Dimensions are 40x140
  • Fenced

Home Design

  • Frame Construction

Interior Spaces

  • 840 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Formal Dining Room
  • Screened Porch
  • Basement Fills Entire Space Under The House

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,774

Year Built

1923

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.1290
  • Above Grade Finished Sq Ft: 840
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 1774
  • List User Cell Phone: 319-551-0373
  • Miscellaneous: Deck, Fencing
  • Net Tax: 1584
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.16000
  • Ratio Close Price By Original Li: 1.16000
  • Ratio Current Price By Sq Ft: 138.10
  • Total Sq Ft: 840
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1923

Interior Features

  • Appliances Included: Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, Screen Porch
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 1
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Detached
  • Garage Size: 2 car

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

  • Elementary School: Cleveland
  • Middle School: Roosevelt
  • High School: Jefferson

Lot Info

  • Lot Size: 40x140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
May 25, 2022
Sold by
Wesley Baskerville James and Wesley Lauren
Bought by
Schalla Alexander Clark
Seller's Agent
Jason Vestweber
SKOGMAN REALTY
Buyer's Agent
Arlene Heck
RE/MAX CONCEPTS
List Price
$100,000
Sold Price
$116,000
Premium/Discount to List
$16,000
16%
Current Estimated Value
$121,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,332
Avg. Annual Appreciation
2.24%
Original Mortgage
$112,520
Outstanding Balance
$107,800
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$16,541

Purchase Details

Listed on
Oct 26, 2018
Closed on
May 21, 2019
Sold by
Fannie Mae
Bought by
Porter James
Seller's Agent
KATHY EIGHME
FUSION REALTORS
Buyer's Agent
Jason Vestweber
SKOGMAN REALTY
List Price
$74,900
Sold Price
$74,500
Premium/Discount to List
-$400
-0.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.37%
Original Mortgage
$12,121
Interest Rate
3.9%

Purchase Details

Closed on
Jan 23, 2018
Sold by
Sheriff Of Linn County
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 28, 2006
Sold by
Streff Jay R
Bought by
Phillips Matthew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
6.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 9, 2005
Sold by
Streff Jessica Elaine
Bought by
Streff Jay Robert

Purchase Details

Closed on
Jul 7, 2004
Sold by
Cutter Michael Patrick
Bought by
Streff Jay R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,720
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 1, 2003
Sold by
Flagstar Bank Fsb
Bought by
Cutter Michael Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,250
Interest Rate
4.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 10, 2003
Sold by
Dlj Mortgage Capital Inc
Bought by
Flagstar Bank

Purchase Details

Closed on
Jan 7, 2003
Sold by
Lewis Dana E
Bought by
Dlj Mortgage Capital Inc

Purchase Details

Closed on
May 10, 2001
Sold by
Sorg Christopher K
Bought by
Lewis Dana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
7.02%

Purchase Details

Closed on
May 30, 1998
Sold by
Barnes Marian G
Bought by
Sorg Christopher K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,650
Interest Rate
7.27%
Source: Public Records

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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 $116,000 None Listed On Document
Limited Warranty Deed -- None Available
Sheriffs Deed $39,300 None Available
Warranty Deed $84,500 None Available
Interfamily Deed Transfer -- --
Warranty Deed $70,500 --
Special Warranty Deed $54,500 --
Quit Claim Deed -- --
Sheriffs Deed $66,091 --
Joint Tenancy Deed $59,500 --
Warranty Deed $46,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,520 New Conventional
Previous Owner $12,121 No Value Available
Previous Owner $10,500 Stand Alone Second
Previous Owner $56,500 New Conventional
Previous Owner $77,500 Unknown
Previous Owner $25,649 Credit Line Revolving
Previous Owner $56,720 Unknown
Previous Owner $52,250 Unknown
Previous Owner $59,500 No Value Available
Previous Owner $44,650 No Value Available
Closed $14,180 No Value Available
Closed $0 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $116,000 +16.0% $138 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $100,000 +34.2% $119 / Sq Ft
06/28/2019 06/28/19 Sold $74,500 0.0% $89 / Sq Ft
05/02/2019 05/02/19 Pending -- -- --
04/03/2019 04/03/19 Price Changed $74,500 -0.5% $89 / Sq Ft
03/29/2019 03/29/19 For Sale $74,900 0.0% $89 / Sq Ft
03/19/2019 03/19/19 Pending -- -- --
02/28/2019 02/28/19 Price Changed $74,900 -9.7% $89 / Sq Ft
01/29/2019 01/29/19 Price Changed $82,900 -4.7% $99 / Sq Ft
12/28/2018 12/28/18 Price Changed $86,950 -8.4% $104 / Sq Ft
11/28/2018 11/28/18 Price Changed $94,900 -11.2% $113 / Sq Ft
10/26/2018 10/26/18 For Sale $106,900 -- $127 / 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
2023 $1,730 $100,100 $25,000 $75,100
2022 $1,574 $90,900 $22,000 $68,900
2021 $1,584 $84,900 $21,000 $63,900
2020 $1,584 $80,400 $18,000 $62,400
2019 $1,652 $76,600 $18,000 $58,600
2018 $1,822 $76,600 $18,000 $58,600
2017 $2,470 $72,600 $18,000 $54,600
2016 $1,498 $70,500 $16,000 $54,500
2015 $1,500 $70,462 $16,000 $54,462
2014 $1,500 $70,379 $16,000 $54,379
2013 $1,466 $70,379 $16,000 $54,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2203729

Cedar Rapids Area Association of REALTORS®

APN: 14292-28015-00000