2232 42nd St NE Cedar Rapids, IA 52402
3
Beds
1
Bath
960
Sq Ft
9,104
Sq Ft Lot
About This Home
As of March 2020Ranch with living area, eat-in kitchen, plus 3 bedrooms, 1 bath, basement, and a car port. Bring the contractor, needs updates & repairs to make move-in ready, but you can see the possibilities! Discoloration has been reported
Last Agent to Sell the Property
REALHome Services and Solutions, Inc. License #471.002039/B60984000 Listed on: 01/31/2019
Last Buyer's Agent
Non Board
NON BOARD
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,332
Year Built
- Built in 1960
Home Design
- Ranch Style House
Bedrooms and Bathrooms
- 1 Full Bathroom
Schools
- Cedar Rapids Elementary School
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,974
Avg. Annual Appreciation
6.78%
Original Mortgage
$125,500
Outstanding Balance
$112,530
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$82,444
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
Similar Homes in Cedar Rapids, IA
-
$75,000
- 3 Beds
- 1 Bath
- 802 Sq Ft
- 142 14th Ave SW
- Cedar Rapids, IA
Investor Alert! This 3-bedroom, 1-bath home is listed well below assessed value—an excellent opportunity for investors, flippers, or those looking to add to their rental portfolio. With plenty of upside, this property is being sold as-is and is ready for your updates and improvements.
Bonnie Tiernan Realty87
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $137,000 | None Available | |
| Special Warranty Deed | $69,030 | None Available | |
| Sheriffs Deed | $123,000 | None Available | |
| Special Warranty Deed | $100,500 | Northwest Title & Escrow Cor | |
| Special Warranty Deed | -- | -- | |
| Corporate Deed | -- | -- | |
| Warranty Deed | $84,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $125,500 | New Conventional | |
| Previous Owner | $93,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $113,335 | Unknown | |
| Previous Owner | $97,000 | Seller Take Back | |
| Previous Owner | $100,000 | No Value Available | |
| Previous Owner | $84,918 | FHA |
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: RMLS Alliance
Tax History Compared to Growth
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 | $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
839 Total Sales
-
Cheryl Rabin
C
Seller's Agent in 2019
Cheryl Rabin
REALHome Services and Solutions, Inc.
(770) 612-7326
365 Total Sales
-
N
Buyer's Agent in 2019
Non Board
NON BOARD
Map
Source: RMLS Alliance
MLS Number: RMAQC4199551
APN: 14043-57008-00000
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