NOT LISTED FOR SALE

2037 Franklin Ave NE Cedar Rapids, IA 52402

Estimated Value: $182,616 - $195,000

4 Beds
1 Bath
1,586 Sq Ft
$118/Sq Ft Est. Value

Last Sold June 25, 2015

Last sale price $126,500 $80 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,291/month

69 Days on Market

Highlights

  • Spa
  • Recreation Room
  • Forced Air Cooling System
  • Deck
  • Main Floor Primary Bedroom
  • Living Room

About This Home

As of June 2015

SOLID BONES! This 4-bedroom home has been carefully taken care of. Here are some of the many updates that have been completed: New Circuit Breaker, Duct Work ran to upstairs bedrooms, New Front porch installed, new driveway poured with drain to backyard, New back kitchen window, New power line to house, New picture window in living room, New framing, drywall, insulation, carpet, padding and paint in basement. House completely tiled to sump pump, Effluent shut off valve installed, New front and back screen and storm doors, New roof on house and garage, 6 feet of insulation blown into attic and crawl space, New gutters and down spouts, New side door on garage installed and more. This home also comes with a HOT TUB complete with a surrounding privacy fence! This home is in a prime location ready for a new owner, call your agent to set up a viewing today!

Last Listed By

Robert Stiles

Pinnacle Realty LLC Listed on: 02/18/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,542

Year Built

  • 1946

Lot Details

  • Lot Dimensions are 60 x 140
  • Fenced

Parking

  • 1 Car Garage

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1.5-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,542

Year Built

1946

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Above Grade Finished Sq Ft: 1196
  • Total Bathrooms: 1.00
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 2542
  • List User Cell Phone: 319-210-0338
  • Low Lvl Fin Sq Ft: 390
  • Miscellaneous: Cable Ready, Deck, Fencing, Hot Tub
  • Net Tax: 2356
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99216
  • Ratio Close Price By Original Li: 0.97345
  • Ratio Current Price By Sq Ft: 105.77
  • Total Sq Ft: 1586
  • Tax Roll Number: 141515100600000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1946

Interior Features

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

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 1 Car

Utilities

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

Schools

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

Lot Info

  • Lot Size: 60 X 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2015
Closed on
Jun 25, 2015
Sold by
Cavanaugh Charles P and Cavanaugh Tammy Lorraine
Bought by
Draper Christian
Seller's Agent
Robert Stiles
Pinnacle Realty LLC
Buyer's Agent
Teresa Smalley
COLDWELL BANKER HEDGES
List Price
$129,950
Sold Price
$126,500
Premium/Discount to List
-$3,450
-2.65%
Total Days on Market
69
Current Estimated Value
$187,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,154
Avg. Annual Appreciation
4.08%
Original Mortgage
$124,208
Outstanding Balance
$98,813
Interest Rate
4.05%
Mortgage Type
FHA
Estimated Equity
$89,136

Purchase Details

Closed on
May 19, 2003
Sold by
Mcnutt Daniel J and Mcnutt Kristine A
Bought by
Cavanaugh Charles P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,800
Interest Rate
5.87%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 10, 1999
Sold by
Hill Kenneth J and Hill Michelle M
Bought by
Mcnutt Daniel J and Mcnutt Kristine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,700
Interest Rate
7.87%

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
Draper Christian $126,500 None Available
Cavanaugh Charles P $108,000 --
Mcnutt Daniel J $85,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Draper Christian $19,715
Closed Draper Christian $12,198
Open Draper Christian $124,208
Previous Owner Cavanaugh Charles P $44,000
Previous Owner Cavanaugh Charles P $80,000
Previous Owner Cavanaugh Charles P $80,000
Previous Owner Cavanaugh Charles P $33,700
Previous Owner Cavanaugh Charles P $25,096
Previous Owner Cavanaugh Charles P $86,800
Previous Owner Mcnutt Daniel J $81,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2015 06/25/15 Sold $126,500 -2.7% $80 / Sq Ft
04/28/2015 04/28/15 Pending -- -- --
02/18/2015 02/18/15 For Sale $129,950 -- $82 / 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 $2,944 $162,400 $34,500 $127,900
2022 $2,772 $139,600 $28,500 $111,100
2021 $2,842 $133,800 $28,500 $105,300
2020 $2,842 $128,800 $25,500 $103,300
2019 $2,658 $123,300 $25,500 $97,800
2018 $2,584 $123,300 $25,500 $97,800
2017 $2,538 $119,400 $25,500 $93,900
2016 $2,538 $119,400 $25,500 $93,900
2015 $2,597 $122,054 $30,000 $92,054
2014 $2,412 $122,054 $30,000 $92,054
2013 $2,356 $122,054 $30,000 $92,054
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1501317

Cedar Rapids Area Association of REALTORS®

APN: 14151-51006-00000