NOT LISTED FOR SALE

235 Broadmore Rd SW Cedar Rapids, IA 52404

Cherry Hill Park Neighborhood

Estimated Value: $200,000 - $216,000

5 Beds
2 Baths
1,590 Sq Ft
$131/Sq Ft Est. Value

Last Sold August 03, 2016

Last sale price $79,999 $50 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $1,419/month

204 Days on Market

About This Home

As of August 2016

Price well below Assessed Value, this Split Foyer has been expanded to a 5 bedroom as it was used by the Owner as Housing for his Employees , thus no property disclosure. Inspection encouraged. Newer Furnace and New Air Conditioner, screened in rear porch, deck, patio, fenced in rear yard with swing set. 1 Block from Coolidge Elementary and close to Johnson Ave and the world. Price reflects the TLC necessary. Additional bedrooms can easily converted back to other functions if desired.

Last Agent to Sell the Property

Merle Kopel

KOPEL REALTORS and CONSULTANTS Listed on: 12/03/2015

Last Buyer's Agent

Gunther Sandersfeld

SKOGMAN REALTY

SKOGMAN REALTY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2015
Closed on
Aug 1, 2016
Sold by
Cheng Kan Tung and Zheng Qing
Bought by
Zheng Qi
Seller's Agent
Merle Kopel
KOPEL REALTORS and CONSULTANTS
Buyer's Agent
Gunther Sandersfeld
SKOGMAN REALTY
List Price
$105,000
Sold Price
$79,999
Premium/Discount to List
-$25,001
-23.81%
Total Days on Market
204
Current Estimated Value
$207,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,686
Avg. Annual Appreciation
11.12%
Original Mortgage
$105,000
Interest Rate
3.41%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 3, 2015
Closed on
Jul 29, 2016
Sold by
Zheng Qi and Lin Sai Hui
Bought by
Hale Ryan and Hale Julia
Seller's Agent
Merle Kopel
KOPEL REALTORS and CONSULTANTS
Buyer's Agent
Gunther Sandersfeld
SKOGMAN REALTY
List Price
$105,000
Sold Price
$79,999
Premium/Discount to List
-$25,001
-23.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 10, 2015
Sold by
Cheng Kan Tung and Zheng Qing
Bought by
Zheng Qi

Purchase Details

Closed on
Dec 11, 2002
Sold by
Skogman Construction Company Of Iowa
Bought by
Cheng Kan Tung and Zheng Quing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
6.25%
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
Zheng Qi -- None Available
Hale Ryan -- None Available
Zheng Qi $35,000 None Available
Cheng Kan Tung $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hale Ryan $83,800
Closed Hale Ryan M $105,000
Closed Hale Ryan $105,000
Previous Owner Cheng Kan Tung $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2016 08/03/16 Sold $79,999 -23.8% $50 / Sq Ft
06/24/2016 06/24/16 Pending -- -- --
12/03/2015 12/03/15 For Sale $105,000 -- $66 / 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 $3,086 $174,100 $32,100 $142,000
2022 $2,748 $155,200 $27,500 $127,700
2021 $2,758 $141,600 $27,500 $114,100
2020 $2,758 $133,600 $24,400 $109,200
2019 $2,442 $121,800 $24,400 $97,400
2018 $2,094 $121,800 $24,400 $97,400
2017 $2,256 $107,700 $24,400 $83,300
2016 $2,256 $106,100 $24,400 $81,700
2015 $2,256 $118,505 $24,444 $94,061
2014 $2,522 $118,505 $24,444 $94,061
2013 $2,468 $118,505 $24,444 $94,061
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Merle Kopel

    KOPEL REALTORS and CONSULTANTS

    (319) 551-4444

    12 Total Sales

    Merle Kopel
    Section Image
  • Gunther Sandersfeld

    Buyer's Agent in 2016

    Gunther Sandersfeld

    SKOGMAN REALTY

    (319) 826-4122

    6 in this area

    94 Total Sales

    Gunther Sandersfeld
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1591887

Cedar Rapids Area Association of REALTORS®

APN: 13263-32002-00000

Iowa Linn County Cedar Rapids 52404 Cherry Hill Park

235 Broadmore Rd SW, Cedar Rapids, IA

This home is located at 235 Broadmore Rd SW, Cedar Rapids, IA 52404 since 03 December 2015 and is currently estimated at $207,685, approximately $130 per square foot. This property was built in 1971. 235 Broadmore Rd SW is a home located in Linn County with nearby schools including West Willow Elementary School, Taft Middle School, and Thomas Jefferson 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.

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