NOT LISTED FOR SALE

225 27th St NW Cedar Rapids, IA 52405

Estimated Value: $99,000 - $130,000

2 Beds
1 Bath
576 Sq Ft
$188/Sq Ft Est. Value

Last Sold December 05, 2022

Last sale price $82,000 $142 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $715/month

28 Days on Market

About This Home

As of December 2022

What a cute home for a first time home buyer or an investor. Possibly someone who is building a portfolio or someone who is a veteran investor. Great size backyard to surround family and friends around a fire, and let the kids and dogs play. Close to many restaurants, department stores and major artery road Johnson Ave and Edgewood road to zip around on West side of Cedar Rapids. This is perfect place if you are tired of paying lot rent, living in an apartment or maybe single person looking to start building equity. All kinds of reasons this home could be the right one for you to begin building equity or investor portfolio. Schedule a viewing with a realtor and if you do not have one feel free to call the sign and can arrange to view the property right away. Lastly you could be in this home before the holidays, the end of the year is will be here before you know it.

Last Agent to Sell the Property

Jaime Hymer

Pinnacle Realty LLC Listed on: 10/08/2022

Pinnacle Realty LLC

Last Buyer's Agent

Jacque Muzo

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,392

Year Built

  • 1946

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x135

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 576 Sq Ft Home
  • Crawl Space
  • Range<<rangeHoodToken>>

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating Available
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,392

Year Built

1946

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1800
  • Above Grade Finished Sq Ft: 576
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Gross Tax: 1392
  • List User Cell Phone: 319-651-9617
  • Net Tax: 1392
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.02628
  • Ratio Close Price By Original Li: 1.02628
  • Ratio Current Price By Sq Ft: 142.36
  • Total Sq Ft: 576
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1946

Interior Features

  • Appliances Included: Range, Refrigerator, Water Heater – Gas
  • Basement: Crawl
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

  • Heating Cooling: Electricity Heat

Schools

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

Lot Info

  • Lot Size: 60x135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2022
Closed on
Dec 5, 2022
Sold by
Brights Property Management Llc
Bought by
Ackerman Kimberley
Seller's Agent
Jaime Hymer
Pinnacle Realty LLC
Buyer's Agent
Jacque Muzo
Pinnacle Realty LLC
List Price
$79,900
Sold Price
$82,000
Premium/Discount to List
$2,100
2.63%
Views
29
Current Estimated Value
$108,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,043
Avg. Annual Appreciation
11.15%
Original Mortgage
$82,000
Outstanding Balance
$78,539
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$29,504

Purchase Details

Closed on
Oct 13, 2005
Sold by
Steele Chris and Steele Catherine A
Bought by
Brights Property Management Llc

Purchase Details

Closed on
Aug 9, 2004
Sold by
Brights Property Management Llc
Bought by
Palo Savings Bank
Source: Public Records

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
Ackerman Kimberley $82,000 --
Brights Property Management Llc -- --
Palo Savings Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ackerman Kimberley $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2022 12/05/22 Sold $82,000 +2.6% $142 / Sq Ft
11/05/2022 11/05/22 Pending -- -- --
10/28/2022 10/28/22 For Sale $79,900 -2.6% $139 / Sq Ft
10/27/2022 10/27/22 Off Market $82,000 -- --
10/27/2022 10/27/22 For Sale $79,900 -2.6% $139 / Sq Ft
10/25/2022 10/25/22 Off Market $82,000 -- --
10/25/2022 10/25/22 For Sale $79,900 0.0% $139 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
10/08/2022 10/08/22 For Sale $79,900 -- $139 / 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 $1,418 $88,800 $31,800 $57,000
2022 $158 $67,200 $27,300 $39,900
2021 $1,120 $60,800 $27,300 $33,500
2020 $1,120 $50,800 $24,200 $26,600
2019 $1,058 $49,100 $24,200 $24,900
2018 $1,030 $49,100 $24,200 $24,900
2017 $1,038 $47,700 $24,200 $23,500
2016 $1,014 $47,700 $24,200 $23,500
2015 $1,170 $55,017 $24,240 $30,777
2014 $1,170 $55,017 $24,240 $30,777
2013 $1,146 $55,017 $24,240 $30,777
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2209038

Cedar Rapids Area Association of REALTORS®

APN: 14302-77008-00000