NOT LISTED FOR SALE

1621 2nd St SW Cedar Rapids, IA 52404

Southwest Area Neighborhood

Estimated Value: $51,000 - $110,000

2 Beds
1 Bath
540 Sq Ft
$152/Sq Ft Est. Value

Last Sold November 05, 2020

Last sale price $35,000 $65 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $500/month

3 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Cooling System
  • Living Room
  • Junction City Elementary School Rated A

About This Home

As of November 2020

This home is located at 1621 2nd St SW, Cedar Rapids, IA 52404 since 12 October 2020 and is currently estimated at $81,963, approximately $151 per square foot. This property was built in 1910. 1621 2nd St SW is a home located in Linn County with nearby schools including Junction City Elementary School, Grant Elementary School, and Bruce Hall Day Treatment Center.

Last Agent to Sell the Property

Ryan Eighme

Pinnacle Realty LLC Listed on: 10/12/2020

Pinnacle Realty LLC

Co-Listed By

Adam Green

Pinnacle Realty LLC

Last Buyer's Agent

Joelle Henley

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $784

Year Built

  • 1910

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 34 x 80

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 540 Sq Ft Home
  • Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$784

Year Built

1910

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.0600
  • Above Grade Finished Sq Ft: 540
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Gross Tax: 784
  • List User Cell Phone: 319-721-6099
  • Net Tax: 784
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.87500
  • Ratio Close Price By Original Li: 0.87500
  • Ratio Current Price By Sq Ft: 64.81
  • Total Sq Ft: 540
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1910

Interior Features

  • Additional Room: Living Room
  • Basement: Crawl
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 4

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Lot Info

  • Lot Size: 34 X 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Nov 5, 2020
Sold by
Lkj Enterprises Llc
Bought by
Bower Enterprises Llc
Seller's Agent
Ryan Eighme
Pinnacle Realty LLC
Buyer's Agent
Joelle Henley
Pinnacle Realty LLC
List Price
$40,000
Sold Price
$35,000
Premium/Discount to List
-$5,000
-12.5%
Current Estimated Value
$81,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,963
Avg. Annual Appreciation
18.27%

Purchase Details

Closed on
Apr 10, 2015
Sold by
First Federal Credit Union
Bought by
Lkj Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
3.85%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 23, 2014
Sold by
Matheny Todd M
Bought by
First Federal Credit Union

Purchase Details

Closed on
Feb 17, 2009
Sold by
S & B Select Properties Llc
Bought by
Matheny Todd M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,500
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 1, 2007
Sold by
S & B Select Properties Llc
Bought by
Matheny Todd M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
8.95%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 11, 2007
Sold by
Household Fin Industrial Loan Co Of Iowa
Bought by
S & B Select Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
8.95%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 20, 2007
Sold by
Gordon Judy K
Bought by
Household Finance Industrial Ln Co Of Ia

Purchase Details

Closed on
Feb 28, 1998
Sold by
Koranda Randal K and Koranda Donna M
Bought by
Gordon Judy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,466
Interest Rate
7.15%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Bower Enterprises Llc $35,000 None Available
Lkj Enterprises Llc $25,000 None Available
First Federal Credit Union -- None Available
Matheny Todd M $51,500 None Available
Matheny Todd M $52,000 None Available
S & B Select Properties Llc $37,500 None Available
Household Finance Industrial Ln Co Of Ia -- None Available
Gordon Judy K $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lkj Enterprises Llc $36,000
Previous Owner Matheny Todd M $60,500
Previous Owner Matheny Todd M $52,000
Previous Owner Gordon Judy K $48,466
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2020 11/05/20 Sold $35,000 -12.5% $65 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $40,000 -- $74 / 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 $818 $54,300 $17,400 $36,900
2024 $942 $48,200 $14,200 $34,000
2023 $942 $46,200 $12,900 $33,300
2022 $890 $44,700 $12,900 $31,800
2021 $904 $43,000 $12,900 $30,100
2020 $904 $41,000 $12,900 $28,100
2019 $920 $42,700 $9,000 $33,700
2018 $894 $42,700 $9,000 $33,700
2017 $894 $40,300 $9,000 $31,300
2016 $742 $34,900 $7,700 $27,200
2015 $766 $36,024 $7,687 $28,337
2014 $766 $36,900 $7,687 $29,213
2013 $768 $36,900 $7,687 $29,213
Source: Public Records

Agents Affiliated with this Home

  • Ryan Eighme

    Seller's Agent in 2020

    Ryan Eighme

    Pinnacle Realty LLC

    (319) 721-6099

    8 in this area

    128 Total Sales

    Ryan Eighme
    Section Image
  • Adam Green

    Seller Co-Listing Agent in 2020

    Adam Green

    Pinnacle Realty LLC

    (319) 721-3103

    13 in this area

    198 Total Sales

    Adam Green
    Section Image

  • J

    Buyer's Agent in 2020

    Joelle Henley

    Pinnacle Realty LLC

    (641) 485-6346

    10 in this area

    117 Total Sales

    Joelle Henley
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2007187

Cedar Rapids Area Association of REALTORS®

APN: 14331-32009-00000

Iowa Linn County Cedar Rapids 52404 Southwest Area

1621 2nd St SW, Cedar Rapids, IA

Not Listed for Sale

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