NOT LISTED FOR SALE

2400 1st Ave NE Cedar Rapids, IA 52402

Estimated Value: $143,312 - $165,000

2 Beds
2 Baths
1,353 Sq Ft
$113/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $120,000 $89 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $963/month

About This Home

As of July 2022

Lots of things make this a great home at an attractive price. Curbside appeal has been enhanced with a new roof and siding in 2021. The main level has french doors between the living room and another room that could be used as either an office or an non-conforming bedroom. Full bathroom on main level. On the upper level there is a deck off the primary bedroom, great for morning coffee or a cocktail in the evening. All appliances stay, even the new washer and dryer that were purchased in 2020. No need for a radon test, the radon mitigation system has already been installed. Parking out front, not on the street, and the driveway in back also has parking.

Last Agent to Sell the Property

Karen Knight

Realty87 Listed on: 06/17/2022

Realty87

Last Buyer's Agent

Chad Gloede

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,341

Year Built

  • 1925

Lot Details

  • 4,617 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,353 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,341

Year Built

1925

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.1060
  • Above Grade Finished Sq Ft: 1353
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 2341
  • List User Cell Phone: 319-360-8989
  • Miscellaneous: Cable Ready
  • Net Tax: 2152
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 88.69
  • Total Sq Ft: 1353
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Appliances Included: Dryer, Range, Refrigerator, Washer, Water Heater – Gas
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 2: 2
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: Off Street Parking

Utilities

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

Schools

  • Elementary School: Garfield
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jun 27, 2022
Sold by
Bollig Jennifer M
Bought by
Lederle Hayley J
Seller's Agent
Karen Knight
Realty87
Buyer's Agent
Chad Gloede
RE/MAX CONCEPTS
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$153,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,078
Avg. Annual Appreciation
8.01%
Original Mortgage
$114,000
Outstanding Balance
$109,078
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$44,000

Purchase Details

Listed on
Jan 9, 2016
Closed on
May 6, 2016
Sold by
Hivento Laura
Bought by
Bollig Jennifer M
Seller's Agent
Kara Nees
Exit Eastern Iowa Real Estate
Buyer's Agent
Lisa Nolan
RE/MAX CONCEPTS
List Price
$89,800
Sold Price
$84,000
Premium/Discount to List
-$5,800
-6.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%

Purchase Details

Closed on
May 24, 1999
Sold by
Conway Consuela M
Bought by
Hivento Laura
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
Lederle Hayley J $120,000 None Listed On Document
Bollig Jennifer M -- None Available
Hivento Laura $64,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lederle Hayley J $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $120,000 0.0% $89 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $120,000 +42.9% $89 / Sq Ft
05/06/2016 05/06/16 Sold $84,000 -6.5% $62 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
01/09/2016 01/09/16 For Sale $89,800 -- $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
2025 $1,808 $125,500 $18,800 $106,700
2024 $2,404 $112,600 $17,500 $95,100
2023 $2,404 $112,600 $17,500 $95,100
2022 $1,866 $114,000 $15,600 $98,400
2021 $1,938 $102,500 $15,600 $86,900
2020 $1,938 $99,700 $13,000 $86,700
2019 $1,818 $96,100 $13,000 $83,100
2018 $1,762 $96,100 $13,000 $83,100
2017 $1,807 $91,200 $13,000 $78,200
2016 $1,807 $85,000 $13,000 $72,000
2015 $1,622 $88,153 $14,285 $73,868
2014 $1,690 $92,456 $14,285 $78,171
2013 $1,740 $92,456 $14,285 $78,171
Source: Public Records

Agents Affiliated with this Home

  • Karen Knight

    Seller's Agent in 2022

    Karen Knight

    Realty87

    (319) 360-8989

    109 Total Sales

    Karen Knight
    Section Image
  • Chad Gloede

    Buyer's Agent in 2022

    Chad Gloede

    RE/MAX

    (319) 573-0697

    339 Total Sales

    Chad Gloede
    Section Image

  • K

    Seller's Agent in 2016

    Kara Nees

    Exit Eastern Iowa Real Estate

  • Lisa Nolan

    Buyer's Agent in 2016

    Lisa Nolan

    RE/MAX

    (319) 551-3206

    151 Total Sales

    Lisa Nolan
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2205326

Cedar Rapids Area Association of REALTORS®

APN: 14142-52020-00000

Iowa Linn County Cedar Rapids 52402

2400 1st Ave NE, Cedar Rapids, IA

This home is located at 2400 1st Ave NE, Cedar Rapids, IA 52402 since 17 June 2022 and is currently estimated at $153,078, approximately $113 per square foot. This property was built in 1925. 2400 1st Ave NE is a home located in Linn County with nearby schools including Arthur Elementary School, Franklin Middle School, and George Washington 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.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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