NOT LISTED FOR SALE

1740 4th Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $116,000 - $133,000

3 Beds
1 Bath
1,340 Sq Ft
$92/Sq Ft Est. Value

Last Sold April 09, 2014

Last sale price $33,500 $25 Per Sq Ft

Est. 269% increase in value since last sale

Current estimated payment $840/month

80 Days on Market

About This Home

As of April 2014

Great investment opportunity. No investor time period to wait for. 1920's 2 story with 3 bedrooms, 1 full bathroom. Property is priced well below assessed value. Don't miss out on this one! Agents- Contact Listing Agent for Seller disclosure form prior to writing an offer. Seller requires that potential buyers execute the disclosure and submit with their offer in order to be considered.

Last Agent to Sell the Property

KATHY EIGHME

FUSION REALTORS Listed on: 12/06/2013

Last Buyer's Agent

Debbie Ryan

IOWA REALTY

Home Details

Home Type

  • Single Family

Year Built

  • 1921

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 34 x 69

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,340 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Year Built

1921

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.0500
  • Above Grade Finished Sq Ft: 1340
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Gross Tax: 1636
  • List User Cell Phone: 319-231-6980
  • Net Tax: 1636
  • Other: Repo
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.95989
  • Ratio Close Price By Original Li: 0.71277
  • Ratio Current Price By Sq Ft: 25.00
  • Total Sq Ft: 1340
  • Tax Roll Number: 142242702100000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1921

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 2: 3
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 6

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Schools

  • Elementary School: Johnson
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 34 X 69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2013
Closed on
Mar 17, 2014
Sold by
Citifinancial Inc
Bought by
Jakobsen Enterprises Llc
Seller's Agent
KATHY EIGHME
FUSION REALTORS
Buyer's Agent
Debbie Ryan
IOWA REALTY
List Price
$47,000
Sold Price
$33,500
Premium/Discount to List
-$13,500
-28.72%
Current Estimated Value
$123,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,023
Avg. Annual Appreciation
11.75%
Original Mortgage
$58,400
Outstanding Balance
$44,745
Interest Rate
4.24%
Mortgage Type
Commercial
Estimated Equity
$72,365

Purchase Details

Closed on
Sep 10, 2013
Sold by
Abner Tammy L
Bought by
Citifinancial Inc

Purchase Details

Closed on
Oct 15, 2006
Sold by
Soppe Dale E and Soppe Gwendolyn F
Bought by
Abner Tammy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,950
Interest Rate
9.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2000
Sold by
Reyhons George J and Reyhons Bernadine O
Bought by
Reyhons George J and Reyhons Bernadine O
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
Jakobsen Enterprises Llc $33,500 None Available
Citifinancial Inc $50,650 None Available
Abner Tammy L $62,500 All American Escrow & Title
Reyhons George J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jakobsen Enterprises Llc $58,400
Previous Owner Abner Tammy L $66,382
Previous Owner Abner Tammy L $59,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2014 04/09/14 Sold $33,500 -28.7% $25 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
12/06/2013 12/06/13 For Sale $47,000 -- $35 / 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 $1,892 $106,000 $13,600 $92,400
2022 $1,750 $89,700 $12,400 $77,300
2021 $1,754 $84,500 $10,600 $73,900
2020 $1,594 $79,500 $9,500 $70,000
2019 $1,550 $71,900 $8,300 $63,600
2018 $1,508 $71,900 $8,300 $63,600
2017 $1,572 $72,200 $8,300 $63,900
2016 $1,496 $70,400 $8,300 $62,100
2015 $1,564 $73,499 $8,275 $65,224
2014 $1,564 $73,499 $8,275 $65,224
2013 $1,530 $73,499 $8,275 $65,224
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    KATHY EIGHME

    FUSION REALTORS

    Section Image

  • D

    Buyer's Agent in 2014

    Debbie Ryan

    IOWA REALTY

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1307972

Cedar Rapids Area Association of REALTORS®

APN: 14224-27021-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1740 4th Ave SE, Cedar Rapids, IA

This home is located at 1740 4th Ave SE, Cedar Rapids, IA 52403 since 06 December 2013 and is currently estimated at $123,523, approximately $92 per square foot. This property was built in 1921. 1740 4th Ave SE is a home located in Linn County with nearby schools including Johnson Elementary School, McKinley STEAM Academy, 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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