NOT LISTED FOR SALE

2232 42nd St NE Cedar Rapids, IA 52402

Estimated Value: $186,000 - $214,965

3 Beds
2 Baths
1,610 Sq Ft
$122/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $137,000 $85 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,296/month

2 Days on Market

Highlights

  • Living Room
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • John F. Kennedy High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of March 2020

Looking for a mid century modern gem? This NE ranch home has been updated top to bottom. New kitchen, baths, wood floors, windows and much more. Ask the listing agent for a list of all the upgrades. The home has natural light from every corner of the house. Beautiful hard wood floors. Open kitchen. Basement has a bar for entertaining. The home sits back off 42nd St for extra privacy. Shows like new!

Last Agent to Sell the Property

Jeremy Trenkamp

Realty87 Listed on: 01/22/2020

Realty87

Last Buyer's Agent

Jeremy Trenkamp

Realty87 Listed on: 01/22/2020

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,060

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 70x130

Home Design

  • Frame Construction

Interior Spaces

  • 1-Story Property
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Schools

  • Pierce Elementary School
  • Harding Middle School
  • Kennedy High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available
  • Cable TV Available

Community Details

  • Res Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1404305700800000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,060

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1610
  • Homebuilder: n.a
  • Owner Name L F Mi: Corridor Equity LLC
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Year Built: 1960
  • Tax Year Report: 2019
  • Subdivision: res
  • Directions: 42nd St West of I380
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights
  • Basement Remarks: Full
  • Fireplace Type Location: None
  • Interior R: Cable Available
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre
  • Possession R: At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story
  • Remarks2: Looking for a mid century modern gem? This NE ranch home has been updated top to bottom. New kitchen, baths, wood floors, windows and much more. Ask the listing agent for a list of all the upgrades. The home has natural light from every corner of the house. Beautiful hard wood floors. Open kitchen. Basement has a bar for entertaining. The home sits back off 42nd St for extra privacy. Shows like new!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Number Bedrooms Main: 3
  • Sq Ft Above: 960
  • Total Full Baths: 2
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 650
  • Laundry Location: Basement, Other
  • Mstr Br Level: Main
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame

Utilities

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

Schools

  • Elementary School: Pierce
  • Middle School: Harding
  • High School: Kennedy
  • High School: Kennedy
  • Jr Middle School: Harding
  • Elementary School: Pierce

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: 70x130
  • Zoning: res

Tax Info

  • Gross Tax County City: 1776
  • Assessor Parcel Number: 1404305700800000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
Mar 4, 2020
Sold by
Corridor Equity Llc
Bought by
Marolf Ethan D
Seller's Agent
Jeremy Trenkamp
Realty87
Buyer's Agent
Jeremy Trenkamp
Realty87
List Price
$134,500
Sold Price
$137,000
Premium/Discount to List
$2,500
1.86%
Current Estimated Value
$196,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,241
Avg. Annual Appreciation
6.66%
Original Mortgage
$125,500
Outstanding Balance
$111,358
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$84,883

Purchase Details

Listed on
Jan 31, 2019
Closed on
May 15, 2019
Sold by
Wells Fargo Bank Na
Bought by
Corridor Equity Llc
Seller's Agent
Cheryl Rabin
REALHome Services and Solutions, Inc.
Buyer's Agent
Non Board
NON BOARD
List Price
$97,700
Sold Price
$69,030
Premium/Discount to List
-$28,670
-29.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
138.13%
Original Mortgage
$93,000
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 20, 2018
Sold by
Boehm Glen and Boehm Christine
Bought by
Wells Fargo Bank National Association and Abfc 2006 Opt3 Trust

Purchase Details

Closed on
Jul 18, 2006
Sold by
Rhodes Steven L and Rhodes Sharon A
Bought by
Boehm Glen and Boehm Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,335
Interest Rate
10.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 4, 2003
Sold by
Hud
Bought by
Rhodes Steven L and Rhodes Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6%

Purchase Details

Closed on
May 30, 2002
Sold by
Pricipal Residential Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Mar 21, 1999
Sold by
Bruch Carol M and Bruch Thomas R
Bought by
Mocon Paul J and Mocon Cariann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,918
Interest Rate
6.89%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Marolf Ethan D $137,000 None Available
Corridor Equity Llc $69,030 None Available
Wells Fargo Bank National Association $123,000 None Available
Boehm Glen $100,500 Northwest Title & Escrow Cor
Rhodes Steven L -- --
Hud -- --
Mocon Paul J $84,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marolf Ethan D $125,500
Previous Owner Corridor Equity Llc $93,000
Previous Owner Boehm Glen $113,335
Previous Owner Rhodes Steven L $100,000
Previous Owner Mocon Paul J $84,918
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $137,000 +1.9% $85 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $134,500 +94.8% $84 / Sq Ft
05/21/2019 05/21/19 Sold $69,030 -29.3% $72 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
01/31/2019 01/31/19 For Sale $97,700 -- $102 / 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 $3,060 $176,400 $32,100 $144,300
2024 $3,308 $172,900 $28,600 $144,300
2023 $3,308 $172,900 $28,600 $144,300
2022 $3,106 $156,800 $28,600 $128,200
2021 $3,044 $149,900 $26,800 $123,100
2020 $3,044 $138,000 $21,400 $116,600
2019 $2,442 $113,300 $21,400 $91,900
2018 $2,651 $113,300 $21,400 $91,900
2017 $2,384 $109,500 $21,400 $88,100
2016 $2,202 $103,600 $21,400 $82,200
2015 $2,182 $102,498 $21,420 $81,078
2014 $2,182 $108,472 $21,420 $87,052
2013 $2,258 $108,472 $21,420 $87,052
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Trenkamp

    Seller's Agent in 2020

    Jeremy Trenkamp

    Realty87

    (319) 270-1323

    828 Total Sales

    Jeremy Trenkamp
    Section Image

  • C

    Seller's Agent in 2019

    Cheryl Rabin

    REALHome Services and Solutions, Inc.

    (770) 612-7326

    343 Total Sales

    Cheryl Rabin
    Section Image

  • N

    Buyer's Agent in 2019

    Non Board

    NON BOARD

    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202000813

Iowa City Area Association of REALTORS®

APN: 14043-57008-00000

Iowa Linn County Cedar Rapids 52402

2232 42nd St NE, Cedar Rapids, IA

This home is located at 2232 42nd St NE, Cedar Rapids, IA 52402 since 22 January 2020 and is currently estimated at $196,241, approximately $121 per square foot. This property was built in 1960. 2232 42nd St NE is a home located in Linn County with nearby schools including Pierce Elementary School, Franklin Middle School, and John F. Kennedy 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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