NOT LISTED FOR SALE

2001 O Ave NW Cedar Rapids, IA 52405

Estimated Value: $133,000 - $226,000

3 Beds
1.5 Baths
1,183 Sq Ft
$156/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $88,000 $74 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,217/month

78 Days on Market

Highlights

  • Formal Dining Room
  • 2 Car Detached Garage
  • Living Room
  • John F. Kennedy High School Rated A-
  • Forced Air Cooling System

About This Home

As of April 2019

Rare opportunity to own an in town Acreage on over 3 acres! Great investor opportunity for someone who wants to fix up a home with land. Home backs up to a creek and large wooded area that is included as part of the property. Home is being sold "as is" and is an estate so the seller has minimal information on the property. Attached are aerial photos of parcel map. Home is in need of repairs. Heat and plumbing are on and operation. Several large tree on left side and rear will be removed prior to closing. Contact the listing agent with any further questions. City water but on Septic and can be hooked to city sewer.

Last Agent to Sell the Property

Michael Smith

eXp Realty Listed on: 01/24/2019

eXp Realty

Last Buyer's Agent

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES

Home Details

Home Type

  • Single Family

Year Built

  • 1922

Lot Details

  • 3.23 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,183 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Formal Dining Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic System

Home Details

Home Type

Single Family

Year Built

1922

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 3.2300
  • Above Grade Finished Sq Ft: 1183
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 2209
  • List User Cell Phone: 319-540-2477
  • Net Tax: 2026
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.83889
  • Ratio Close Price By Original Li: 0.73394
  • Ratio Current Price By Sq Ft: 74.39
  • Total Sq Ft: 1183
  • Water Sewer Roads: City Water, Septic System
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1922

Interior Features

  • Appliances Included: Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Living Room
  • Basement: Block, Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 2: 3
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached

Utilities

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

Schools

  • Elementary School: Madison
  • Middle School: Roosevelt
  • High School: Kennedy

Lot Info

  • Lot Size: 3.23 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2019
Closed on
Apr 11, 2019
Sold by
Hayward Kristine Sue
Bought by
Kloos Adam M
Seller's Agent
Michael Smith
eXp Realty
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$119,900
Sold Price
$88,000
Premium/Discount to List
-$31,900
-26.61%
Total Days on Market
78
Current Estimated Value
$184,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,924
Avg. Annual Appreciation
11.51%
Original Mortgage
$70,400
Outstanding Balance
$62,520
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$109,268
Source: Public Records

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Range of Values:

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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
Kloos Adam M $88,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kloos Adam M $70,400
Closed Kloos Adam M $70,400
Previous Owner Risden Vincent $72,950
Previous Owner Risden Vincent $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2019 04/12/19 Sold $88,000 -16.1% $74 / Sq Ft
02/19/2019 02/19/19 Price Changed $104,900 -12.5% $89 / Sq Ft
01/24/2019 01/24/19 For Sale $119,900 -- $101 / 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 $2,142 $133,900 $51,300 $82,600
2022 $2,000 $110,400 $49,800 $60,600
2021 $2,186 $105,500 $49,800 $55,700
2020 $2,186 $107,700 $49,800 $57,900
2019 $2,018 $105,400 $49,800 $55,600
2018 $1,956 $105,400 $49,800 $55,600
2017 $2,107 $105,500 $49,800 $55,700
2016 $2,107 $102,500 $49,800 $52,700
2015 $2,186 $105,404 $49,805 $55,599
2014 $1,971 $105,404 $49,805 $55,599
2013 $1,938 $105,404 $49,805 $55,599
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1900665

Cedar Rapids Area Association of REALTORS®

APN: 14191-76009-00000