NOT LISTED FOR SALE

1948 5th Ave SE Cedar Rapids, IA 52403

Vernon Heights Neighborhood

Estimated Value: $259,000 - $290,567

4 Beds
2 Baths
2,365 Sq Ft
$114/Sq Ft Est. Value

Last Sold October 24, 2014

Last sale price $170,500 $72 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,805/month

117 Days on Market

Highlights

  • Family Room with Fireplace
  • Formal Dining Room
  • Eat-In Kitchen
  • Main Floor Primary Bedroom
  • 2 Car Detached Garage
  • 1-minute walk to Fairview Park

About This Home

As of October 2014

Located on a peaceful street with an abundance of mature trees, this gorgeous colonial offers just the right amount of charm and character paired with new home conveniences. Its full-facade three-seasons porch, beautiful hardwoods, two fireplaces, 1st floor master with a full bath just around the corner, and 1st floor laundry room are just the start. The large dining room boasts a bay window and an abundance of natural light. The spacious eat-in kitchen opens up to a newly carpeted family room--a rare find in this era of home. 2nd floor boasts three large bedrooms, a redesigned full bath, and a large walk-in closet. Perks include newer roof and gutters, windows, a spacious patio, and newly constructed oversized 2-stall garage--to name just a few. You'll enjoy this family-friendly neighborhood with a quiet park across the street and within walking distance to Bever Park & Brucemore. This is a must-see.

Last Agent to Sell the Property

Akwi Nji

Realty87 Listed on: 06/18/2014

Realty87

Last Buyer's Agent

Steve Schroeder

SKOGMAN REALTY

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,661

Year Built

  • 1921

Lot Details

  • Lot Dimensions are 60 x 140
  • Fenced

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,365 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main

Basement

  • Partial Basement
  • Block Basement Construction

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,661

Year Built

1921

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 2365
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 3661
  • List User Cell Phone: 319-431-4917
  • Miscellaneous: Cable Ready, Fencing, Patio, Screen Porch
  • Net Tax: 3476
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96382
  • Ratio Close Price By Original Li: 0.85250
  • Ratio Current Price By Sq Ft: 72.09
  • Total Sq Ft: 2365
  • Tax Roll Number: 142240402000000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1921

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Family, 1st Floor Laundry
  • Basement: Block, Partial
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 3
  • Fireplace Features: Family Room, Free Standing, Gas, Wood Burning, Living Room
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl, Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Detached

Utilities

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

Schools

  • Elementary School: Grant Wood
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 60 X 140

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2014
Closed on
Oct 23, 2014
Sold by
Ottemoeller Daniel J and Lanegran Kimberly R
Bought by
Frances Laurie
Seller's Agent
Akwi Nji
Realty87
Buyer's Agent
Steve Schroeder
SKOGMAN REALTY
List Price
$200,000
Sold Price
$170,500
Premium/Discount to List
-$29,500
-14.75%
Current Estimated Value
$270,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,892
Avg. Annual Appreciation
4.31%

Purchase Details

Closed on
Jun 30, 2005
Sold by
Garman David L and Garman Tamra
Bought by
Ottemoeller Daniel J and Lanegran Kimberly R

Purchase Details

Closed on
Jul 27, 2000
Sold by
Altegra Credit Company
Bought by
Garman David L and Garman Tamra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,438
Interest Rate
8.27%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 1999
Sold by
Breslin John T and Breslin Stefanie G
Bought by
Altegra Credit Company
Source: Public Records

Range of Values:

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Average Value
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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
Frances Laurie $170,500 None Available
Ottemoeller Daniel J $168,500 --
Garman David L $121,000 --
Altegra Credit Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Frances Laurie C $0
Previous Owner Garman David L $121,438
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2014 10/24/14 Sold $170,500 -14.8% $72 / Sq Ft
10/13/2014 10/13/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $200,000 -- $85 / 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
2024 $4,522 $257,800 $45,000 $212,800
2023 $4,522 $264,300 $45,000 $219,300
2022 $4,002 $223,300 $45,000 $178,300
2021 $4,304 $202,100 $36,000 $166,100
2020 $4,304 $203,700 $31,500 $172,200
2019 $4,094 $198,500 $31,500 $167,000
2018 $3,978 $198,500 $31,500 $167,000
2017 $3,767 $192,300 $31,500 $160,800
2016 $3,767 $177,200 $31,500 $145,700
2015 $3,755 $176,491 $30,000 $146,491
2014 $3,570 $176,491 $30,000 $146,491
2013 $3,490 $176,491 $30,000 $146,491
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Akwi Nji

    Realty87

    Section Image

  • S

    Buyer's Agent in 2014

    Steve Schroeder

    SKOGMAN REALTY

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1404237

Cedar Rapids Area Association of REALTORS®

APN: 14224-04020-00000

Iowa Linn County Cedar Rapids 52403 Vernon Heights

1948 5th Ave SE, Cedar Rapids, IA

This home is located at 1948 5th Ave SE, Cedar Rapids, IA 52403 since 18 June 2014 and is currently estimated at $270,392, approximately $114 per square foot. This property was built in 1921. 1948 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.

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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