NOT LISTED FOR SALE

1900 K St SW Cedar Rapids, IA 52404

Southwest Area Neighborhood

Estimated Value: $136,000 - $164,499

3 Beds
1 Bath
1,538 Sq Ft
$96/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $36,100 $23 Per Sq Ft

Est. 310% increase in value since last sale

Current estimated payment $927/month

14 Days on Market

Highlights

  • Formal Dining Room
  • 2 Car Detached Garage
  • Family Room
  • Junction City Elementary School Rated A
  • Forced Air Cooling System

About This Home

As of May 2017

Investor Alert! This home has so much potential and has a nice basement. The home has a great 2 stall garage and a nice sized yard! Any licensed agent purchasing a REO property from Seller as a “principal” will not receive the ‘selling portion’ of the sales commission. Extensive rehab needed, but a ton of potential in this home. Large back yard and large detached garage. Proof of funds or pre approval letter is required with ALL offers. Property is registered as vacant property and the buyer will need to work with the city on outstanding violations. The seller will not respond to any offers until 9 days on market.

Last Agent to Sell the Property

KATHY EIGHME

FUSION REALTORS Listed on: 02/16/2017

Last Buyer's Agent

Ryan Eighme

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • 1920

Lot Details

  • 7,144 Sq Ft Lot
  • Lot Dimensions are 51 x 140

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 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

1920

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.1640
  • Above Grade Finished Sq Ft: 1188
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 1811
  • List User Cell Phone: 319-231-6980
  • Low Lvl Fin Sq Ft: 350
  • Net Tax: 1626
  • Other: Repo
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.57642
  • Ratio Close Price By Original Li: 1.57642
  • Ratio Current Price By Sq Ft: 30.39
  • Total Sq Ft: 1538
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Additional Room: 1st Floor Family
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 1
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 8

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached

Utilities

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

Lot Info

  • Lot Size: 51 X 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2019
Sold by
Tj Armanek Inc
Bought by
Simplicity Investments Llc
Current Estimated Value
$147,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,560
Outstanding Balance
$69,625
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$78,250

Purchase Details

Listed on
Feb 16, 2017
Closed on
Mar 29, 2017
Sold by
Us Bank National Association
Bought by
Tj Armanek Inc
Seller's Agent
KATHY EIGHME
FUSION REALTORS
Buyer's Agent
Ryan Eighme
Pinnacle Realty LLC
List Price
$22,900
Sold Price
$36,100
Premium/Discount to List
$13,200
57.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.84%
Original Mortgage
$66,101
Interest Rate
4.14%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 24, 2016
Sold by
Us Bank National Association
Bought by
Us Bank National Association

Purchase Details

Closed on
Jul 17, 2014
Sold by
Wedewer Rick
Bought by
Wedewer Lynnice

Purchase Details

Closed on
Sep 19, 2001
Sold by
Wedewer Rick and Wedewer Lynnice
Bought by
Hartgrave James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.06%

Purchase Details

Closed on
Aug 14, 2001
Sold by
Hirschfeld Robert L and Hirschfeld Margaret A
Bought by
Wedewer Rick and Wedewer Lynnice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.06%

Purchase Details

Closed on
Jan 6, 1999
Sold by
Hirschfeld Robert L and Hirschfeld Margaret A
Bought by
Wedewer Rick and Wedewer Lynnice
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Simplicity Investments Llc -- None Available
Tj Armanek Inc $36,101 None Available
Us Bank National Association $105,319 None Available
Wedewer Lynnice -- None Available
Hartgrave James D $99,500 --
Wedewer Rick $67,500 --
Wedewer Rick $67,529 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simplicity Investments Llc $82,560
Closed Simplicity Investments Llc $78,876
Previous Owner Tj Armanek Inc $66,101
Previous Owner Hartgrave James D $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2017 05/01/17 Sold $36,100 +57.6% $23 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
02/16/2017 02/16/17 For Sale $22,900 -- $15 / 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 $1,770 $114,900 $34,400 $80,500
2024 $1,908 $104,100 $28,100 $76,000
2023 $1,908 $100,000 $25,500 $74,500
2022 $1,796 $90,500 $25,500 $65,000
2021 $1,900 $86,700 $25,500 $61,200
2020 $1,900 $86,100 $25,500 $60,600
2019 $1,836 $85,200 $21,700 $63,500
2018 $1,786 $85,200 $21,700 $63,500
2017 $1,811 $83,900 $21,700 $62,200
2016 $1,811 $85,200 $21,700 $63,500
2015 $2,395 $96,526 $21,675 $74,851
2014 $1,093 $98,841 $21,675 $77,166
2013 $1,872 $98,841 $21,675 $77,166
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    KATHY EIGHME

    FUSION REALTORS

    Section Image
  • Ryan Eighme

    Buyer's Agent in 2017

    Ryan Eighme

    Pinnacle Realty LLC

    (319) 721-6099

    8 in this area

    128 Total Sales

    Ryan Eighme
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1701167

Cedar Rapids Area Association of REALTORS®

APN: 14332-77001-00000

Iowa Linn County Cedar Rapids 52404 Southwest Area

1900 K St SW, Cedar Rapids, IA

Not Listed for Sale

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