NOT LISTED FOR SALE

2024 Franklin Ave NE Cedar Rapids, IA 52402

Estimated Value: $135,000 - $166,026

3 Beds
1 Bath
1,254 Sq Ft
$124/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $110,000 $88 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,062/month

32 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • 1 Car Detached Garage
  • Living Room
  • L-Shaped Dining Room
  • Forced Air Cooling System

About This Home

As of October 2021

Classic story and a half with large backyard. Easy access to all points in CR from this northeast side neighborhood. Schools, shopping and recreation areas nearby. Simple, classic lines throughout this home. Had been used as a rental for several years but it's vacant now and ready for a new chapter! Take a look today....Welcome home to 2024 Franklin Ave NE!

Last Agent to Sell the Property

Lena Gilbert

SKOGMAN REALTY Listed on: 08/12/2021

SKOGMAN REALTY

Last Buyer's Agent

Karrie Schultz

Keller Williams Legacy Group

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,528

Year Built

  • 1947

Lot Details

  • 8,320 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 1,254 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • L-Shaped Dining Room
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,528

Year Built

1947

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.1910
  • Above Grade Finished Sq Ft: 1254
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Dining 'L'
  • Gross Tax: 2528
  • List User Cell Phone: 319-241-9249
  • Miscellaneous: Home Warranty
  • Net Tax: 2339
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.95652
  • Ratio Close Price By Original Li: 0.81481
  • Ratio Current Price By Sq Ft: 87.72
  • Total Sq Ft: 1254
  • Taxable Value Tv: 114900.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1947

Interior Features

  • Appliances Included: Dryer, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Living Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 1
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 6

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 1 Car, Detached
  • Garage Size: 352

Utilities

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

Schools

  • Elementary School: Arthur
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: .191

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Oct 4, 2021
Sold by
Luckey Kim W and Casper Deanna B
Bought by
Ac Affordable Housing Solutions Llc
Seller's Agent
Lena Gilbert
SKOGMAN REALTY
Buyer's Agent
Karrie Schultz
Keller Williams Legacy Group
List Price
$135,000
Sold Price
$110,000
Premium/Discount to List
-$25,000
-18.52%
Total Days on Market
32
Current Estimated Value
$155,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,007
Avg. Annual Appreciation
9.60%
Original Mortgage
$120,800
Outstanding Balance
$109,138
Interest Rate
3.05%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$45,869

Purchase Details

Closed on
Jan 31, 2014
Sold by
Caspers Deanna
Bought by
The Kim W Luckey And Deanna B Caspers Li

Purchase Details

Closed on
Sep 13, 2000
Sold by
Solberg Michael D and Solberg Toni K Bergen
Bought by
Caspers Deanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,400
Interest Rate
10.12%
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
Ac Affordable Housing Solutions Llc $110,000 None Available
The Kim W Luckey And Deanna B Caspers Li -- None Available
Caspers Deanna $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ac Affordable Housing Sollutions Llc $120,800
Previous Owner Caspers Deanna $72,400
Closed Caspers Deanna $18,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $110,000 -4.3% $88 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
09/07/2021 09/07/21 Price Changed $115,000 -14.8% $92 / Sq Ft
08/12/2021 08/12/21 For Sale $135,000 -- $108 / 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 $2,524 $149,900 $33,300 $116,600
2022 $2,380 $119,700 $27,500 $92,200
2021 $2,446 $114,900 $27,500 $87,400
2020 $2,446 $110,900 $24,600 $86,300
2019 $2,292 $106,300 $24,600 $81,700
2018 $2,228 $106,300 $24,600 $81,700
2017 $2,304 $105,800 $24,600 $81,200
2016 $2,248 $105,800 $24,600 $81,200
2015 $2,316 $108,843 $28,967 $79,876
2014 $2,316 $108,843 $28,967 $79,876
2013 $2,266 $108,843 $28,967 $79,876
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2105426

Cedar Rapids Area Association of REALTORS®

APN: 14151-52013-00000