NOT LISTED FOR SALE

1723 1st Ave SW Cedar Rapids, IA 52405

Cleveland Area Neighborhood

Estimated Value: $119,000 - $135,516

2 Beds
1 Bath
720 Sq Ft
$179/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $82,000 $114 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $855/month

10 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Whole House Fan
  • 1 Car Detached Garage
  • Patio
  • Fenced

About This Home

As of September 2017

Great starter home! This charming 2 bedroom ranch home is conveniently located within walking distance to schools. Beautiful hardwood floors throughout! Updated kitchen with lovely tile floor and backsplash. Fenced back yard with new patio and great area for a gardening. Vinyl windows and electrical has been updated. New water heater. The whole-house fan keeps the home nice and cool. But if you prefer, the A/C window unit is new and will be included. Seller has included an American Home Shield Home Warranty for the buyer. This home is available for immediate possession!

Last Agent to Sell the Property

Joni Long

Realty87 Listed on: 07/25/2017

Realty87

Last Buyer's Agent

Adam Green

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,638

Year Built

  • 1946

Lot Details

  • Lot Dimensions are 50 x 117
  • Fenced

Home Design

  • Ranch Style House
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 720 Sq Ft Home
  • Whole House Fan
  • Basement
  • Block Basement Construction

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,638

Year Built

1946

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 720
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 1638
  • List User Cell Phone: 319-350-0506
  • Miscellaneous: Fencing, Patio, Whole House Fan
  • Net Tax: 1452
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.03145
  • Ratio Close Price By Original Li: 1.03145
  • Ratio Current Price By Sq Ft: 113.89
  • Total Sq Ft: 720
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1946

Interior Features

  • Appliances Included: Garage Door Opener, Range, Refrigerator, Water Heater – Gas
  • Basement: Block
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 1 Car, Detached

Utilities

  • Heating Cooling: Gravity, Window/Wall Air

Schools

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

Lot Info

  • Lot Size: 50 X 117

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2017
Closed on
Sep 8, 2017
Sold by
Margellos Nicholas P and Margellos Demetra S
Bought by
Reynolds Matthew N
Seller's Agent
Joni Long
Realty87
Buyer's Agent
Adam Green
Pinnacle Realty LLC
List Price
$79,500
Sold Price
$82,000
Premium/Discount to List
$2,500
3.14%
Current Estimated Value
$129,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,129
Avg. Annual Appreciation
5.81%
Original Mortgage
$65,600
Outstanding Balance
$54,927
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$74,202
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
Reynolds Matthew N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Matthew N $65,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2017 09/15/17 Sold $82,000 +3.1% $114 / Sq Ft
08/04/2017 08/04/17 Pending -- -- --
07/25/2017 07/25/17 For Sale $79,500 -- $110 / 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 $2,052 $124,500 $26,700 $97,800
2024 $1,876 $117,900 $24,300 $93,600
2023 $1,876 $115,900 $24,300 $91,600
2022 $1,758 $88,900 $20,600 $68,300
2021 $1,800 $84,900 $20,600 $64,300
2020 $1,800 $81,600 $19,400 $62,200
2019 $1,620 $75,200 $19,400 $55,800
2018 $1,576 $75,200 $19,400 $55,800
2017 $1,518 $73,000 $19,400 $53,600
2016 $1,518 $71,400 $19,400 $52,000
2015 $1,554 $73,011 $19,400 $53,611
2014 $1,554 $75,267 $19,400 $55,867
2013 $1,568 $75,267 $19,400 $55,867
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Joni Long

    Realty87

    (319) 350-0506

    1 in this area

    125 Total Sales

    Joni Long
    Section Image
  • Adam Green

    Buyer's Agent in 2017

    Adam Green

    Pinnacle Realty LLC

    (319) 721-3103

    6 in this area

    202 Total Sales

    Adam Green
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1707295

Cedar Rapids Area Association of REALTORS®

APN: 14293-27005-00000

Iowa Linn County Cedar Rapids 52404 Cleveland Area

1723 1st Ave SW, Cedar Rapids, IA

This home is located at 1723 1st Ave SW, Cedar Rapids, IA 52405 since 25 July 2017 and is currently estimated at $129,129, approximately $179 per square foot. This property was built in 1946. 1723 1st Ave SW is a home located in Linn County with nearby schools including Cleveland Elementary School, Roosevelt Creative Corridor Business Academy, and Thomas Jefferson 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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