Investment Opportunity! Build your real estate Portfolio! This 1-story, wood-shake exterior, was built in 1956 and located on the desirable NE side of Cedar Rapids. This residence offers 3 bedrooms and 1 full bathroom, with Luxury Vinyl flooring throughout, providing a modern and low-maintenance living space. The home sits on a slab foundation with no basement, making it easy to maintain, and includes a 1-stall vinyl-sided, detached garage, a fenced yard for privacy and a patio for entertaining or relaxing. Recent updates include a newer roof (2020) and the peace of mind that comes with Orangeburg remediation already completed. Located in the Cedar Rapids School District, this home is an excellent investment opportunity for homeowners or investors alike. With its prime location near schools, shopping, and parks, this home is a perfect blend of convenience and potential. Don’t miss your chance to own this affordable ranch-style home in a thriving neighborhood. Schedule a showing today!
NAV29_Unit_1_Appliances: Gas Water Heater, Range, Range Hood
Co List Office Phone: 319-366-6427
MLS Status: Closed
Directions: Center Point Rd, to Richmond Road
Above Grade Finished Sq Ft: 960.0
Architectural Style: Ranch
New Construction: No
Year Built: 1956
Property Sub Type Additional: Single Family Residence
Special Features: VirtualTour
Property Sub Type: Detached
Interior Features
Basement: No
Full Bathrooms: 1
Total Bedrooms: 3
Exterior Features
Construction Type: Frame, See Remarks, Wood Siding
Exterior Features: Fence
Foundation Details: Slab
Patio And Porch Features: Patio
Garage/Parking
Garage Spaces: 1.0
Attached Garage: Yes
Parking Features: Detached, Garage, On Street
Utilities
Utilities: Cable Connected
Sewer: Public Sewer
Heating: Gas
HeatingYN: Yes
Water Source: Public
Schools
Elementary School: Wright
High School: Washington
Middle Or Junior School: Harding
Lot Info
Lot Dimensions: 60 x 103
ResoLotSizeUnits: Acres
Parcel Number: 14091-54008-00000
ResoLotSizeUnits: Acres
Tax Info
Tax Annual Amount: 1744.0
Ownership History
DateNameOwned ForOwner Type
Nov 2024 - Present2G Properties Llc6 Months
Company
Purchase Details
Listed on
Oct 7, 2024
Closed on
Nov 5, 2024
Sold by
Krsek Douglas E and Krsek Tricia A
Bought by
2G Properties Llc
Seller's Agent
Lesley Vancura
SKOGMAN REALTY
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$110,000
Sold Price
$105,000
Premium/Discount to List
-$5,000
-4.55%
Total Days on Market
2
Views
28
Current Estimated Value
$108,208
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,208
Avg. Annual Appreciation
4.13%
Dec 2006 - Nov 2024Krsek Douglas E17 Years and 11 Months
Private Individual
Purchase Details
Closed on
Dec 14, 2006
Sold by
Cortez Lappe Cecile Marie
Bought by
Krsek Douglas E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.27%
Mortgage Type
Construction
May 2004 - Dec 2006Cortez Lappe Cecile Marie2 Years and 7 Months
Private Individual
Purchase Details
Closed on
May 3, 2004
Sold by
Berry Investments Inc
Bought by
Cortez Lappe Cecile Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,800
Interest Rate
10.5%
Mortgage Type
Fannie Mae Freddie Mac
Oct 2002 - May 2004Cortez Lappe Cecile Marie1 Year and 7 Months
Private Individual
Purchase Details
Closed on
Oct 23, 2002
Sold by
Berry Investments Inc
Bought by
Cortez Lappe Cecile Marie
Nov 1997 - Oct 2002Cortez Lappe Cecile Marie4 Years and 11 Months
Private Individual
Purchase Details
Closed on
Nov 25, 1997
Sold by
Berry Investments Inc
Bought by
Cortez Lappe Cecile Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,462
Interest Rate
11.5%
Nov 1997 - Nov 1997Berry Investments IncLess than a month
Private Individual
Purchase Details
Closed on
Nov 20, 1997
Sold by
Oberfoell Mark J and Oberfoell Marcia L
Bought by
Berry Investments Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,462
Interest Rate
11.5%
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Source: Cedar Rapids Area Association of REALTORS®
Tax History
Year
Tax Paid
Tax AssessmentTax 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
$1,880
$98,600
$22,800
$75,800
2022
$1,726
$89,100
$22,800
$66,300
2021
$1,766
$83,300
$20,000
$63,300
2020
$1,766
$80,000
$20,000
$60,000
2019
$1,562
$72,500
$17,100
$55,400
2018
$1,520
$72,500
$17,100
$55,400
2017
$1,536
$70,500
$17,100
$53,400
2016
$1,478
$69,500
$17,100
$52,400
2015
$1,718
$80,694
$25,650
$55,044
2014
$1,718
$80,694
$25,650
$55,044
2013
$1,680
$80,694
$25,650
$55,044
Source: Public Records
Source: Cedar Rapids Area Association of REALTORS®
This home is located at 1740 Richmond Rd NE, Cedar Rapids, IA 52402 and is currently priced at $105,000, approximately $109 per square foot. This property was built in 1956. 1740 Richmond Rd NE is a home located in Linn County with nearby schools including Wright Elementary School, Harding Middle School, and George Washington High School.
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