NOT LISTED FOR SALE

2040 Park Ave SE Cedar Rapids, IA 52403

Bever Park Neighborhood

Estimated Value: $157,000 - $179,387

4 Beds
1.5 Baths
1,248 Sq Ft
$132/Sq Ft Est. Value

Last Sold May 23, 2018

Last sale price $97,500 $78 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,090/month

33 Days on Market

Highlights

  • Breakfast Room
  • Property is near schools
  • Forced Air Heating and Cooling System
  • Living Room

About This Home

As of May 2018

Classic 3 story home close to Bever Park. Open front porch, great curb appeal. Large kitchen and formal dining room. 3 bedrooms and the 2nd floor and a full bath. Attic has been finished for an extra room. Private yard and a detached 2 stall.

Last Agent to Sell the Property

Jeremy Trenkamp

Realty87 Listed on: 02/26/2018

Realty87

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,602

Year Built

  • Built in 1920

Lot Details

  • 5,619

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 1,248 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Breakfast Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs

Schools

  • Johnson Elementary School
  • Mckinley Middle School
  • Washington High School

Utilities

  • Forced Air Heating and Cooling System
  • Internet Available

Additional Features

  • Lot Dimensions are 40x140
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number 142217802600000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,602

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1248
  • Owner Name L F Mi: Ballard
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Year Built: 1920
  • Tax Year Report: 2017
  • Directions: 19th to Park Ave.
  • L O1 Dues Paid: y
  • Amenities: Close to School
  • Basement Remarks: Full
  • Fireplace Type Location: None
  • Kitchen Breakfast R: Breakfast Room
  • Lot Description R: Less than .5 Acre
  • Possession R: Immediate
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 3+ Story
  • Remarks2: Classic 3 story home close to Bever Park. Open front porch, great curb appeal. Large kitchen and formal dining room. 3 bedrooms and the 2nd floor and a full bath. Attic has been finished for an extra room. Private yard and a detached 2 stall.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Number Bedrooms Upper: 4
  • Sq Ft Above: 1248
  • Total Full Baths: 1
  • Total Half Baths: 1
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Other
  • Mstr Br Level: Upper

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Central, Forced Air

Schools

  • Elementary School: Johnson
  • Middle School: Mckinley
  • High School: Washington
  • High School: Washington
  • Jr Middle School: Mckinley
  • Elementary School: Johnson

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: 40x140
  • Zoning: Res

Tax Info

  • Gross Tax County City: 2384
  • Assessor Parcel Number: 142217802600000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2018
Closed on
May 14, 2018
Sold by
Ballard Joshua and Ballard Abby
Bought by
Ballard Wade R
Seller's Agent
Jeremy Trenkamp
Realty87
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$99,900
Sold Price
$97,500
Premium/Discount to List
-$2,400
-2.4%
Current Estimated Value
$165,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,847
Avg. Annual Appreciation
7.46%
Original Mortgage
$94,245
Outstanding Balance
$81,148
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$84,199

Purchase Details

Closed on
Jun 24, 2013
Sold by
Estate Of Howard R Mcguire and Mcguire David R
Bought by
Mcguire David R

Purchase Details

Listed on
Dec 8, 2012
Closed on
Feb 27, 2013
Sold by
Koons Kristen K and Johnson Kristen
Bought by
Ballard Joshua and Ballard Abby
Seller's Agent
Carole Benson
RUHL & RUHL REALTORS®
Buyer's Agent
Jeremy Trenkamp
Realty87
List Price
$99,000
Sold Price
$97,500
Premium/Discount to List
-$1,500
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%
Original Mortgage
$9,750
Interest Rate
3.34%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 19, 2009
Sold by
Shay Nora
Bought by
Johnson Kristen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,943
Interest Rate
5.2%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 14, 2008
Sold by
Rawson Chad T
Bought by
Dupaco Community Cu
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ballard Wade R $97,500 None Available
Mcguire David R -- None Available
Ballard Joshua $97,500 None Available
Johnson Kristen K $87,000 None Available
Dupaco Community Cu -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballard Wade R $94,245
Previous Owner Ballard Joshua $9,750
Previous Owner Johnson Kristen K $83,943
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2018 05/23/18 Sold $97,500 -2.4% $78 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $99,900 +2.5% $80 / Sq Ft
02/28/2013 02/28/13 Sold $97,500 -1.5% $78 / Sq Ft
01/18/2013 01/18/13 Pending -- -- --
12/08/2012 12/08/12 For Sale $99,000 -- $79 / 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
2025 $2,602 $166,200 $37,000 $129,200
2024 $296 $151,700 $34,000 $117,700
2023 $296 $147,000 $32,000 $115,000
2022 $315 $129,300 $32,000 $97,300
2021 $2,502 $117,700 $28,000 $89,700
2020 $351 $113,400 $24,000 $89,400
2019 $2,729 $109,500 $24,000 $85,500
2018 $2,702 $109,500 $24,000 $85,500
2017 $2,212 $108,400 $24,000 $84,400
2016 $2,212 $104,100 $24,000 $80,100
2015 $2,240 $105,272 $24,000 $81,272
2014 $2,240 $106,813 $20,000 $86,813
2013 $2,224 $106,813 $20,000 $86,813
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Trenkamp

    Seller's Agent in 2018

    Jeremy Trenkamp

    Realty87

    (319) 270-1323

    8 in this area

    831 Total Sales

    Jeremy Trenkamp
    Section Image

  • N

    Buyer's Agent in 2018

    Nonmember NONMEMBER

    NONMEMBER

  • C

    Seller's Agent in 2013

    Carole Benson

    Ruhl & Ruhl

    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20181343

Iowa City Area Association of REALTORS®

APN: 14221-78026-00000

Iowa Linn County Cedar Rapids 52403 Bever Park

2040 Park Ave SE, Cedar Rapids, IA

This home is located at 2040 Park Ave SE, Cedar Rapids, IA 52403 since 26 February 2018 and is currently estimated at $165,347, approximately $132 per square foot. This property was built in 1920. 2040 Park Ave SE is a home located in Linn County with nearby schools including Johnson STEAM Academy, 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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