NOT LISTED FOR SALE

2220 8th Ave SW Cedar Rapids, IA 52404

Estimated Value: $114,000 - $125,000

3 Beds
1 Bath
845 Sq Ft
$144/Sq Ft Est. Value

Last Sold September 06, 2024

Last sale price $118,000 $140 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $843/month

About This Home

As of September 2024

Very nice 3 Bedroom Ranch on a corner lot. Fully fenced in yard with detached garage that has a sunporch for extra relaxation space. This house would make a great home or Investment property.

Last Listed By

Bryant Nicholson

Affinity Real Estate Services Listed on: 09/06/2024

Affinity Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,018

Year Built

  • Built in 1951

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 64x64

Home Design

  • 845 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Cleveland Elementary School
  • Roosevelt Middle School
  • Jefferson High School

Listing and Financial Details

  • Assessor Parcel Number 14-30-4-29-011-0-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,018

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 0.18
  • Co List Office Phone: 319-393-0900
  • MLS Status: Closed
  • Directions: Corner of 8th Ave and Cleveland
  • Above Grade Finished Sq Ft: 845.0
  • New Construction: No
  • Year Built: 1951
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Schools

  • Elementary School: Cleveland
  • High School: Jefferson
  • Middle Or Junior School: Roosevelt

Lot Info

  • Lot Dimensions: 64x64
  • ResoLotSizeUnits: Acres
  • Parcel Number: 14-30-4-29-011-0-0000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2018.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Sep 24, 2024
Sold by
Verdeck Leonard F and Verdeck Mary Ann
Bought by
Bb Properties Llc
Seller's Agent
Bryant Nicholson
Affinity Real Estate Services
Buyer's Agent
Ryan Eighme
Pinnacle Realty LLC
List Price
$125,000
Sold Price
$118,000
Premium/Discount to List
-$7,000
-5.6%
Total Days on Market
0
Current Estimated Value
$121,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,676
Avg. Annual Appreciation
4.76%
Original Mortgage
$94,400
Outstanding Balance
$93,622
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$28,054

Purchase Details

Closed on
Oct 24, 1997
Sold by
Berstler Michael A and Berstler Jamie L
Bought by
Verdeck Leonard F and Verdeck Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8%

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
Bb Properties Llc $118,000 None Listed On Document
Verdeck Leonard F $59,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bb Properties Llc $94,400
Previous Owner Verdeck Leonard F $60,000
Previous Owner Verdeck Leonard F $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $118,000 -5.6% $140 / Sq Ft
09/06/2024 09/06/24 For Sale $125,000 -- $148 / 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 $2,018 $112,200 $26,400 $85,800
2022 $1,900 $95,700 $22,400 $73,300
2021 $1,942 $91,700 $22,400 $69,300
2020 $1,942 $88,000 $21,100 $66,900
2019 $1,748 $81,100 $21,100 $60,000
2018 $1,700 $81,100 $21,100 $60,000
2017 $1,738 $79,800 $21,100 $58,700
2016 $1,658 $78,000 $21,100 $56,900
2015 $1,656 $77,808 $21,107 $56,701
2014 $1,656 $80,195 $21,107 $59,088
2013 $1,670 $80,195 $21,107 $59,088
Source: Public Records

Agents Affiliated with this Home

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Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2406213

Cedar Rapids Area Association of REALTORS®

APN: 14304-29011-00000