NOT LISTED FOR SALE

1616 Memorial Dr SE Cedar Rapids, IA 52403

Estimated Value: $196,000 - $203,919

2 Beds
1.5 Baths
1,428 Sq Ft
$141/Sq Ft Est. Value

Sale Details

Date Sold: June 9, 2014

Last sale price $107,500 $75 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,294 / mo

7 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Eat-In Kitchen
  • Recreation Room
  • 1 Car Attached Garage
  • 2-minute walk to Van Vechten Park

About This Home

As of June 2014

Perfect starter home! Two bedroom ranch with hardwood floors, large eat in kitchen, and multi level gigantic deck overlooking the wooded, fenced back yard. Lower level has family room, large laundry area, non-conforming bedroom, walkout to patio. Sellers are also providing a 13 month HWA Diamond home warranty for buyers at closing.

Last Agent to Sell the Property

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES Listed on: 05/01/2014

Last Buyer's Agent

Jeremy Trenkamp

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,399

Year Built

  • 1965

Lot Details

  • Lot Dimensions are 70 x 150
  • Fenced

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Washer

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,399

Year Built

1965

Lot Details

0 Sq Ft Lot

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1064
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2399
  • List User Cell Phone: 319-981-3702
  • Low Lvl Fin Sq Ft: 364
  • Miscellaneous: Cable Ready, Deck, Fencing, Home Warranty, Patio
  • Net Tax: 2214
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97772
  • Ratio Close Price By Original Li: 0.97772
  • Ratio Current Price By Sq Ft: 101.03
  • Total Sq Ft: 1428
  • Tax Roll Number: 14263010300000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 1 Car, Attached

Utilities

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

Lot Info

  • Lot Size: 70 X 150

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
May 1, 2014
Closed on
Jun 6, 2014
Sold by
Bought by
Seller's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Jeremy Trenkamp
Realty87
List Price
$109,950
Sold Price
$107,500
Premium/Discount to List
-$2,450
-2.23%
Current Estimated Value
$200,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,480
Avg. Annual Appreciation
5.33%
Original Mortgage
$86,000
Outstanding Balance
$66,144
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$134,836
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
$107,500 None Available
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
Open $86,000
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
06/09/2014 06/09/14 Sold $107,500 -2.2% $75 / Sq Ft
05/08/2014 05/08/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $109,950 -- $77 / 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 $2,534 $189,800 $37,500 $152,300
2024 $3,000 $165,500 $37,500 $128,000
2023 $3,000 $153,600 $30,300 $123,300
2022 $2,236 $151,100 $30,300 $120,800
2021 $2,778 $116,900 $30,300 $86,600
2020 $2,778 $134,500 $23,200 $111,300
2019 $2,484 $115,200 $23,200 $92,000
2018 $2,414 $115,200 $23,200 $92,000
2017 $2,454 $112,700 $23,200 $89,500
2016 $2,332 $109,700 $23,200 $86,500
2015 $2,525 $118,703 $28,560 $90,143
2014 $2,340 $118,703 $28,560 $90,143
2013 $2,286 $118,703 $28,560 $90,143
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1402886

Cedar Rapids Area Association of REALTORS®

APN: 14263-01003-00000

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