NOT LISTED FOR SALE

1946 5th Ave SE Cedar Rapids, IA 52403

Vernon Heights Neighborhood

Estimated Value: $231,000 - $262,000

4 Beds
4 Baths
1,826 Sq Ft
$137/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $143,400 $79 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,406/month

112 Days on Market

Highlights

  • Screened Porch
  • Forced Air Heating and Cooling System
  • Wood Burning Fireplace
  • Fenced Yard
  • Dining Room
  • 2-minute walk to Fairview Park

About This Home

As of March 2016

Nice older home with tons of character and charm. Lots of natural woodwork and built-ins. Wrap around screened in porch. Walk up attic with potential to finish. Updated kitchen cabinets. Hardwood floors throughout the home. Large 4 car garage. Fenced backyard. Call listing agent to verify this property is still available before making an offer. Must submit offers on www.homepath.com. No subject to sale offers.

Last Agent to Sell the Property

Judi Mccoy

Iowa Realty, Inc. - CR Listed on: 10/16/2015

Iowa Realty, Inc. - CR

Last Buyer's Agent

Tom Lepic

Lepic-Kroeger, REALTORS

Lepic-Kroeger, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $263

Year Built

  • Built in 1916

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60 x 140
  • Fenced Yard

Parking

  • 3 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 1,826 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Screened Porch
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Schools

  • Grantwood-Cr Elementary School
  • Mckinley Middle School
  • Washington High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Vernon Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 142240401900000

Home Details

Home Type

Single Family

Est. Annual Taxes

$263

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1826
  • Owner Name L F Mi: Fannie Mae
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Review All Attachments Before Submitting Offer. Complete Addendum And 10F Before Uploading Into Homepath. See Www.Homepath.Com For Owner Period. Must Submit A Cash/Lender Letter With Offer. Must have appointment. Call Days M-F (319) 378-6602 or jmccoy@jmccoyrealestate.net. Nights/Weekends (319) 431-1020
  • Year Built: 1916
  • Tax Year Report: 2014
  • Subdivision: Vernon Heights
  • Directions: S on 19th St SE, turn E on 5th Ave SE
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Other
  • Basement Remarks: Full
  • Fireplace Type Location: In Living Room, Wood Burning
  • Kitchen Breakfast R: Other
  • Lot Description R: Less than .5 Acre, Private Backyard
  • Possession R: 30-60 Days
  • Possible Finance R: Cash
  • Stories Style R: 2 Story
  • Remarks2: Nice older home with tons of character and charm. Lots of natural woodwork and built-ins. Wrap around screened in porch. Walk up attic with potential to finish. Updated kitchen cabinets. Hardwood floors throughout the home. Large 4 car garage. Fenced backyard. Call listing agent to verify this property is still available before making an offer. Must submit offers on www.homepath.com. No subject to sale offers.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Number Bedrooms Upper: 4
  • Sq Ft Above: 1826
  • Total Full Baths: 1
  • Total Half Baths: 3
  • Number of Lower Level Half Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Basement, Other
  • Mstr Br Level: Upper
  • Number of Fireplaces: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Fenced Yard, Screen Porch

Garage/Parking

  • Parking Spaces: 3 Cars

Utilities

  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Gas, Central, Forced Air

Schools

  • Elementary School: Grantwood-CR
  • Middle School: Mckinley
  • High School: Washington
  • High School: Washington
  • Jr Middle School: Mckinley
  • Elementary School: Grantwood-CR

Lot Info

  • Acreage: 0.19
  • Geo Subdivision: IA
  • Lot Dimensions: 60 x 140
  • Zoning: residential

Tax Info

  • Gross Tax County City: 3653
  • Assessor Parcel Number: 142240401900000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2015
Closed on
Mar 17, 2016
Sold by
Federal National Mortgage Association
Bought by
Kongshaug Paul and Kongshaug Rachel
Seller's Agent
Judi Mccoy
Iowa Realty, Inc. - CR
Buyer's Agent
Tom Lepic
Lepic-Kroeger, REALTORS
List Price
$169,900
Sold Price
$143,400
Premium/Discount to List
-$26,500
-15.6%
Current Estimated Value
$250,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,092
Avg. Annual Appreciation
6.18%
Original Mortgage
$121,890
Outstanding Balance
$98,228
Interest Rate
3.71%
Estimated Equity
$152,264

Purchase Details

Closed on
Jul 21, 2015
Sold by
Kolaas Sarah J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 11, 2002
Sold by
Gascho David J and Gascho Mindi Sue
Bought by
Kolaas Matthew J and Kolaas Sarah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.87%
Source: Public Records

Range of Values:

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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
Kongshaug Paul -- None Available
Federal National Mortgage Association $156,700 None Available
Kolaas Matthew J $141,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kongshug Paul $54,300
Open Kongshaug Paul $121,890
Previous Owner Kolaas Sarah J $169,100
Previous Owner Kolaas Sarah J $170,634
Previous Owner Kolaas Sarah J $29,000
Previous Owner Kolaas Matthew J $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2016 03/25/16 Sold $143,400 -15.6% $79 / Sq Ft
02/05/2016 02/05/16 Pending -- -- --
10/16/2015 10/16/15 For Sale $169,900 -- $93 / Sq Ft
Source: Iowa City 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 $263 $224,600 $45,000 $179,600
2022 $277 $192,400 $45,000 $147,400
2021 $3,636 $173,300 $36,000 $137,300
2020 $288 $173,400 $31,500 $141,900
2019 $3,464 $169,200 $31,500 $137,700
2018 $3,364 $169,200 $31,500 $137,700
2017 $3,364 $165,200 $31,500 $133,700
2016 $3,259 $153,300 $31,500 $121,800
2015 $3,074 $171,638 $30,000 $141,638
2014 $3,468 $171,638 $30,000 $141,638
2013 $3,388 $171,638 $30,000 $141,638
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Judi Mccoy

    Iowa Realty, Inc. - CR

    Section Image
  • Tom Lepic

    Buyer's Agent in 2016

    Tom Lepic

    Lepic-Kroeger, REALTORS

    (319) 351-8811

    2 Total Sales

    Tom Lepic
    Section Image
See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20155896

Iowa City Area Association of REALTORS®

APN: 14224-04019-00000

Iowa Linn County Cedar Rapids 52403 Vernon Heights

1946 5th Ave SE, Cedar Rapids, IA

This home is located at 1946 5th Ave SE, Cedar Rapids, IA 52403 since 16 October 2015 and is currently estimated at $250,492, approximately $137 per square foot. This property was built in 1916. 1946 5th Ave SE is a home located in Linn County with nearby schools including Grant Wood 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.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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