NOT LISTED FOR SALE

2225 2nd St SW Cedar Rapids, IA 52404

Southwest Area Neighborhood

Estimated Value: $148,000 - $172,000

3 Beds
1 Bath
1,316 Sq Ft
$120/Sq Ft Est. Value

Last Sold February 25, 2014

Last sale price $44,900 $34 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $1,098/month

58 Days on Market

Highlights

  • Formal Dining Room
  • Forced Air Cooling System
  • Storage Shed
  • 2 Car Detached Garage

About This Home

As of February 2014

Cute house on the hill! Wood floors in pretty good condition throughout main level. Bedroom or den off living area, formal dining with great woodwork detail, kitchen has an old fashion sink and built-ins, no appliances and breakfast nook off kitchen. There are 2 bedrooms up stairs divided by doors with walk out balcony. Lower level has the only bathroom in the house, wet bar and lower level has mold. Nice corner lot and detached garage off alley. Sold "as is" visit www.hudhomestore.com for more information.

Last Listed By

Penny Novak

SKOGMAN REALTY Listed on: 11/20/2013

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Year Built

  • 1924

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 82.5x132

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • 1 Full Bathroom

Outdoor Features

  • Storage Shed

Utilities

  • Forced Air Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Year Built

1924

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.2500
  • Above Grade Finished Sq Ft: 1076
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 2202
  • List User Cell Phone: 319-981-3484
  • Low Lvl Fin Sq Ft: 240
  • Miscellaneous: Screen Porch, Storage Shed
  • Net Tax: 2202
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.83148
  • Ratio Close Price By Original Li: 0.69077
  • Ratio Current Price By Sq Ft: 41.73
  • Total Sq Ft: 1316
  • Tax Roll Number: 143315601200000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1924

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached
  • Garage Size: 2 CAR

Utilities

  • Heating Cooling: Forced Air, Gas Heat, Window/Wall Air

Schools

  • Elementary School: Wilson
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: 82.5X132

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2013
Closed on
Feb 24, 2014
Sold by
Secretary Of Hud
Bought by
Sanderson Michaela
Seller's Agent
Penny Novak
SKOGMAN REALTY
Buyer's Agent
Ben Sanderson
SKOGMAN REALTY
List Price
$65,000
Sold Price
$44,900
Premium/Discount to List
-$20,100
-30.92%
Total Days on Market
58
Current Estimated Value
$157,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,590
Avg. Annual Appreciation
11.80%
Original Mortgage
$45,465
Outstanding Balance
$30,977
Interest Rate
4.35%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$125,737

Purchase Details

Closed on
Sep 4, 2013
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Aug 15, 2013
Sold by
Bolender James P and Bolender Torie
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 21, 2009
Sold by
Schulte Steven Charles and Schulte Karen Frances
Bought by
Bolender James P and Bolender Tori E D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,261
Interest Rate
5.62%
Mortgage Type
FHA

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
Sanderson Michaela -- None Available
The Secretary Of Hud -- None Available
Wells Fargo Bank Na $69,000 None Available
Bolender James P $95,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanderson Michaela $45,465
Previous Owner Bolender James P $94,261
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2014 02/25/14 Sold $44,900 -30.9% $34 / Sq Ft
01/17/2014 01/17/14 Pending -- -- --
11/20/2013 11/20/13 For Sale $65,000 -- $49 / 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 $2,702 $140,800 $36,400 $104,400
2022 $2,464 $128,100 $36,400 $91,700
2021 $2,566 $118,900 $36,400 $82,500
2020 $2,566 $116,300 $36,400 $79,900
2019 $2,108 $97,800 $30,900 $66,900
2018 $2,050 $97,800 $30,900 $66,900
2017 $2,050 $97,800 $30,900 $66,900
2016 $2,306 $108,500 $30,900 $77,600
2015 $2,353 $108,979 $30,925 $78,054
2014 $2,318 $111,393 $30,925 $80,468
2013 $2,407 $111,393 $30,925 $80,468
Source: Public Records

Agents Affiliated with this Home

  • Penny Novak

    Seller's Agent in 2014

    Penny Novak

    SKOGMAN REALTY

    (319) 981-0659

    1 in this area

    74 Total Sales

    Section Image

  • B

    Buyer's Agent in 2014

    Ben Sanderson

    SKOGMAN REALTY

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1307777

Cedar Rapids Area Association of REALTORS®

APN: 14331-56012-00000

Iowa Linn County Cedar Rapids 52404 Southwest Area

2225 2nd St SW, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 2225 2nd St SW, Cedar Rapids, IA 52404 since 20 November 2013 and is currently estimated at $157,490, approximately $119 per square foot. This property was built in 1924. 2225 2nd St SW is a home located in Linn County with nearby schools including Wilson Middle School, Thomas Jefferson High School, and Trinity Lutheran 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.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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