NOT LISTED FOR SALE

Estimated Value: $392,000 - $454,000

6 Beds
3.5 Baths
4,585 Sq Ft
$94/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $229,500 $50 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,970/month

59 Days on Market

Highlights

  • Wooded Lot
  • Formal Dining Room
  • Eat-In Kitchen
  • Den
  • 3 Car Attached Garage
  • Forced Air Cooling System

About This Home

As of March 2016

This is one of the most magnificent homes in Cedar Rapids. It was constructed in 1919. Over the years it has been the site of many fabulous social occasions and events. It currently is in need of some TLC to restore it to its original grandeur. This MLS property was originally listed with some rules associated with sealed bids. those rules no long apply because there were no acceptable offers which complied with them. Therefore, this awesome home is now available to any Buyers who wish to write an offer under ordinary circumstances.

Last Listed By

Catherine Baty

COLDWELL BANKER HEDGES Listed on: 11/06/2015

Home Details

Home Type

  • Single Family

Year Built

  • 1919

Lot Details

  • 0.82 Acre Lot
  • Wooded Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Masonry
  • Stucco

Interior Spaces

  • 4,585 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor

Utilities

  • Forced Air Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

1919

Lot Details

0

Listing Details

  • Style: Over 2 Stories
  • Acres: 0.8170
  • Above Grade Finished Sq Ft: 4585
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Bedrooms Level 3: 2
  • Total Bedrooms: 6
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 6569
  • Miscellaneous: Cable Ready, Satellite Dish, Security System
  • Net Tax: 6384
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.76756
  • Ratio Close Price By Original Li: 0.70615
  • Ratio Current Price By Sq Ft: 50.05
  • Total Sq Ft: 4585
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1919

Interior Features

  • Appliances Included: Dishwasher, Disposal, Hood Fan, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Family, Den/Study, Living Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 2: 4
  • Fireplace Features: Built In, Wood Burning, Living Room, Rec Room
  • Level 2 Full Bathrooms: 2
  • Level 3 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 15
  • Site Description: Wooded

Exterior Features

  • Construction Methods: Masonry
  • Exterior: Stucco

Garage/Parking

  • Garage/Parking: 3 Cars, Attached

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat, Hot Water Heat

Schools

  • Elementary School: Grant Wood
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: .817 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2018
Sold by
Grande Avenue Llc
Bought by
Schwartz James Joseph
Total Days on Market
59
Current Estimated Value
$429,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
4.8%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 6, 2015
Closed on
Mar 31, 2016
Sold by
King Louis R and King Eunice C
Bought by
Grande Avenue Llc
Seller's Agent
Catherine Baty
COLDWELL BANKER HEDGES
Buyer's Agent
James Sattler
SATTLER REALTY
List Price
$325,000
Sold Price
$229,500
Premium/Discount to List
-$95,500
-29.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$329,000
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 16, 2012
Sold by
King Louis R and King Eunice C
Bought by
Louis R And Eunice C King Revocable Trus

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
Schwartz James Joseph -- None Available
Grande Avenue Llc -- None Available
Louis R And Eunice C King Revocable Trus -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz James Joseph $431,250
Closed Schwartz James Joseph $110,000
Closed Schwartz James Joseph $495,000
Previous Owner Grande Avenue Llc $263,000
Previous Owner Grande Avenue Llc $50,000
Previous Owner Grande Avenue Llc $329,000
Previous Owner Louis R And Eunice C King Revocable Trus $165,000
Previous Owner King Louis R $150,000
Previous Owner Louis R And Eunice C King Revocable Trus $125,000
Previous Owner King Louis R $40,000
Previous Owner King Louis R $35,000
Previous Owner King Louis R $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2016 03/31/16 Sold $229,500 -29.4% $50 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
11/06/2015 11/06/15 For Sale $325,000 -- $71 / 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 $6,772 $380,200 $81,700 $298,500
2022 $6,412 $321,100 $81,700 $239,400
2021 $7,946 $309,500 $81,700 $227,800
2020 $7,946 $360,100 $81,700 $278,400
2019 $4,916 $228,100 $81,700 $146,400
2018 $4,780 $228,100 $81,700 $146,400
2017 $4,780 $296,600 $81,700 $214,900
2016 $6,585 $313,100 $81,700 $231,400
2015 $6,400 $312,022 $81,700 $230,322
2014 $6,384 $312,022 $81,700 $230,322
2013 $6,240 $312,022 $81,700 $230,322
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1591357

Cedar Rapids Area Association of REALTORS®

APN: 14232-53001-00000