NOT LISTED FOR SALE

2042 Franklin Ave NE Cedar Rapids, IA 52402

Estimated Value: $173,309 - $188,000

3 Beds
1 Bath
1,126 Sq Ft
$158/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $129,500 $115 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,210/month

28 Days on Market

Highlights

  • Heated Floors
  • 2 Car Detached Garage
  • Patio
  • Deck
  • Forced Air Cooling System
  • Combination Kitchen and Dining Room

About This Home

As of August 2019

This well cared for 1.5 story home on the NE side is sure to impress! With a large master with built-ins, updated and freshly painted bathroom, large living space, first floor laundry room with HEATED flooring and newer washer & dryer that stay, it has all of the amenities that you could want in a new home! Entertain with friends and family this summer on the deck and patio area, while enjoying views that your large fenced in backyard has to offer! Come Winter, you'll be happy that you get to park your vehicles in the 24x24 heated detached garage. Or use it as a workspace... there's space to do both!

With lots of amenities close by, such as the CEMAR trail, and multiple parks and schools, you'll never run out of things to do at or around your new home with it's convenient location!

Last Agent to Sell the Property

Cassidy Farnsworth

Realty87 Listed on: 06/25/2019

Last Buyer's Agent

Steve Mcvay

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,612

Year Built

  • 1946

Lot Details

  • 7,710 Sq Ft Lot
  • Lot Dimensions are 55 x 140
  • Fenced

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,126 Sq Ft Home
  • 1.5-Story Property
  • 1.75 Story Property
  • Combination Kitchen and Dining Room
  • Heated Floors
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,612

Year Built

1946

Lot Details

0

Listing Details

  • Style: 1.5 Story, 1.75 Story
  • Acres: 0.1770
  • Above Grade Finished Sq Ft: 1126
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 2612
  • List User Cell Phone: 515-314-4801
  • Miscellaneous: Deck, Fencing, Heated Flooring, Patio, Storage Shed
  • Net Tax: 2612
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99615
  • Ratio Close Price By Original Li: 0.95926
  • Ratio Current Price By Sq Ft: 115.01
  • Total Sq Ft: 1126
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1946

Interior Features

  • Appliances Included: Dishwasher, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 1
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached, Heated Garage, Off Street Parking, On Street Parking
  • Garage Size: 24X24

Utilities

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

Schools

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

Lot Info

  • Lot Size: 55 X 140

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2019
Closed on
Aug 22, 2019
Sold by
Blair Stephen Rupert and Blair Melissa
Bought by
Kent Christopher D and Kent Linda L
Seller's Agent
Cassidy Farnsworth
Realty87
Buyer's Agent
Steve Mcvay
RE/MAX CONCEPTS
List Price
$135,000
Sold Price
$129,500
Premium/Discount to List
-$5,500
-4.07%
Total Days on Market
28
Current Estimated Value
$178,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,827
Avg. Annual Appreciation
5.60%
Original Mortgage
$103,600
Outstanding Balance
$92,076
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$86,251

Purchase Details

Closed on
Dec 14, 2006
Sold by
Nelson Christa A and Nelson Carlos D
Bought by
Blair Stephen Rupert and Blair Stephen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,750
Interest Rate
6.19%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 25, 2003
Sold by
Anderson Lisa J and Ellis Roy D
Bought by
Nelson Christa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,902
Interest Rate
5.4%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 1998
Sold by
Scallon Paul F and Scallon Wendy K
Bought by
Anderson Lisa J and Anderson Steven W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,259
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 1997
Sold by
Snider Vlasta Lorraine and Snider Vlasta L
Bought by
Scallon Paul F and Scallon Wendy K
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
Kent Christopher D $129,500 None Available
Blair Stephen Rupert $117,000 None Available
Nelson Christa A $95,500 --
Anderson Lisa J $88,500 --
Scallon Paul F $73,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kent Christopher D $103,600
Closed Blair Stephen R $28,000
Previous Owner Blair Stephen R $97,500
Previous Owner Blair Stephen Rupert $108,385
Previous Owner Blair Stephen Rupert $105,750
Previous Owner Nelson Christa A $94,902
Previous Owner Anderson Lisa J $88,259
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $129,500 -0.4% $115 / Sq Ft
07/23/2019 07/23/19 Pending -- -- --
07/18/2019 07/18/19 Price Changed $130,000 -1.9% $115 / Sq Ft
07/05/2019 07/05/19 Price Changed $132,500 -1.9% $118 / Sq Ft
06/25/2019 06/25/19 For Sale $135,000 -- $120 / 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 $2,758 $157,400 $31,600 $125,800
2022 $2,596 $130,800 $26,100 $104,700
2021 $2,688 $125,300 $26,100 $99,200
2020 $2,688 $121,800 $23,400 $98,400
2019 $2,204 $110,800 $23,400 $87,400
2018 $2,140 $110,800 $23,400 $87,400
2017 $2,214 $110,200 $23,400 $86,800
2016 $2,327 $109,500 $23,400 $86,100
2015 $2,395 $112,559 $27,500 $85,059
2014 $2,210 $112,559 $27,500 $85,059
2013 $2,158 $112,559 $27,500 $85,059
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1904721

Cedar Rapids Area Association of REALTORS®

APN: 14151-52002-00000