NOT LISTED FOR SALE

Estimated Value: $64,000 - $73,000

1 Bed
1 Bath
480 Sq Ft
$143/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $70,000 $146 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $449/month

1 Day on Market

Highlights

  • Ranch Style House
  • Forced Air Cooling System
  • Living Room
  • Main Floor Primary Bedroom
  • Breakfast Bar
  • 3-minute walk to Central Park

About This Home

As of June 2024

Charming and Affordable 1-Bedroom Investment Property - Under $70,000!
Welcome to your chance to own a well cared for investment property that combines affordability with excellent condition. This charming 1-bedroom, 1-bathroom home is the perfect opportunity for savvy investors or first-time buyers looking to enter the real estate market.
This property has been well-maintained and is move-in ready, ensuring a hassle-free investment or living experience. The cozy bedroom and modern bathroom offer comfort and functionality, making it an attractive rental option or a delightful home for a single occupant or couple.
Located in a desirable neighborhood with easy access to local amenities, this property is a rare find at this price point. Don't miss out on this excellent investment opportunity—schedule a viewing today and secure your piece of affordable real estate!

Last Agent to Sell the Property

Mark Christianson

Keller Williams Legacy Group Listed on: 05/17/2024

Keller Williams Legacy Group

Last Buyer's Agent

Star Horak

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $744

Year Built

  • 1914

Lot Details

  • 1,002 Sq Ft Lot
  • Lot Dimensions are 27'x37'
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • 480 Sq Ft Home
  • Living Room

Kitchen

  • Breakfast Bar
  • Range

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$744

Year Built

1914

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.0230
  • Above Grade Finished Sq Ft: 480
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar
  • Gross Tax: 744
  • List User Cell Phone: 319-329-5770
  • Miscellaneous: Cable Ready
  • Net Tax: 744
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00143
  • Ratio Close Price By Original Li: 1.00143
  • Ratio Current Price By Sq Ft: 145.83
  • Total Sq Ft: 480
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1914

Interior Features

  • Appliances Included: Range, Refrigerator, Water Heater – Electric
  • Additional Room: Living Room
  • Basement: Block, Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 1
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Level

Exterior Features

  • Construction Methods: Frame
  • Exterior: Composite

Garage/Parking

  • Garage/Parking: Off Street Parking

Utilities

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

Schools

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

Lot Info

  • Lot Size: 27'x37'

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2020
Sold by
Millennium Holdings Lc
Bought by
Ihg Lc
Total Days on Market
1
Current Estimated Value
$68,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Outstanding Balance
$41,758
Interest Rate
2.8%
Mortgage Type
Land Contract Argmt. Of Sale
Estimated Equity
$27,361

Purchase Details

Closed on
Mar 23, 2009
Sold by
The Estate Of Frank R Williams
Bought by
Millennium Holdings Lc-Series 2
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
Ihg Lc $58,000 None Available
Millennium Holdings Lc-Series 2 $11,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ihg Lc $46,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $70,000 +0.1% $146 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $69,900 -- $146 / 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 $820 $42,100 $6,400 $35,700
2022 $612 $38,900 $6,400 $32,500
2021 $648 $29,500 $5,200 $24,300
2020 $632 $29,400 $4,600 $24,800
2019 $604 $29,400 $4,600 $24,800
2018 $586 $28,000 $4,600 $23,400
2017 $568 $25,100 $4,600 $20,500
2016 $568 $26,700 $4,600 $22,100
2015 $558 $26,246 $4,644 $21,602
2014 $575 $27,575 $4,644 $22,931
2013 $596 $27,575 $4,644 $22,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2403395

Cedar Rapids Area Association of REALTORS®

APN: 14222-03006-00000