NOT LISTED FOR SALE

2400 E Ave NE Cedar Rapids, IA 52402

Mound View Neighborhood

Estimated Value: $170,000 - $193,000

4 Beds
1 Bath
1,245 Sq Ft
$142/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $118,000 $95 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,145/month

131 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • 1 Car Detached Garage
  • Forced Air Cooling System
  • Formal Dining Room

About This Home

As of April 2023

This home is located at 2400 E Ave NE, Cedar Rapids, IA 52402 since 03 October 2022 and is currently estimated at $176,830, approximately $142 per square foot. This property was built in 1939. 2400 E Ave NE is a home located in Linn County with nearby schools including Arthur Elementary School, Franklin Middle School, and George Washington High School.

Last Agent to Sell the Property

Charlie Randell

Realty87 Listed on: 10/03/2022

Realty87

Co-Listed By

James McClain

Realty87

Last Buyer's Agent

Tami Timm

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,855

Year Built

  • 1939

Lot Details

  • 6,011 Sq Ft Lot
  • Lot Dimensions are 43x140

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,245 Sq Ft Home
  • 1.5-Story Property
  • Formal Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,855

Year Built

1939

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.1380
  • Above Grade Finished Sq Ft: 1245
  • Total Bathrooms: 1.00
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 2855
  • List User Cell Phone: 319-316-3346
  • Net Tax: 2855
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.84286
  • Ratio Close Price By Original Li: 0.78667
  • Ratio Current Price By Sq Ft: 94.78
  • Total Sq Ft: 1245
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1939

Interior Features

  • Appliances Included: Water Heater – Gas
  • Basement: Block, Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached

Utilities

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

Lot Info

  • Lot Size: 43x140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2022
Closed on
Mar 31, 2023
Sold by
Co3 Investments Llc
Bought by
Royal Management Group Llc
Seller's Agent
Charlie Randell
Realty87
Buyer's Agent
Tami Timm
Realty87
List Price
$140,000
Sold Price
$118,000
Premium/Discount to List
-$22,000
-15.71%
Views
255
Current Estimated Value
$176,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,830
Avg. Annual Appreciation
15.72%
Original Mortgage
$126,400
Outstanding Balance
$120,961
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$55,869

Purchase Details

Listed on
May 8, 2015
Closed on
Sep 3, 2015
Sold by
Yerke Kelly A
Bought by
Co3 Investments Llc
Seller's Agent
Mike Schulte
Realty87
Buyer's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
List Price
$120,000
Sold Price
$109,000
Premium/Discount to List
-$11,000
-9.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.05%
Original Mortgage
$109,046
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 7, 2012
Closed on
Jul 23, 2012
Sold by
Hess Matthew and Tritle Jennifer
Bought by
Yerke Kelly A
Seller's Agent
Mike Schulte
Realty87
Buyer's Agent
Mike Schulte
Realty87
List Price
$121,000
Sold Price
$115,000
Premium/Discount to List
-$6,000
-4.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.71%
Original Mortgage
$92,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Royal Management Group Llc $118,000 None Listed On Document
Royal Management Group Llc $118,000 None Listed On Document
Co3 Investments Llc -- --
Yerke Kelly A $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Royal Management Group Llc $126,400
Closed Royal Management Group Llc $126,400
Previous Owner Co3 Investments Llc $109,046
Previous Owner Yerke Kelly A $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2023 04/07/23 Sold $118,000 -15.7% $95 / Sq Ft
02/11/2023 02/11/23 Pending -- -- --
11/07/2022 11/07/22 For Sale $140,000 0.0% $112 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
10/16/2022 10/16/22 Price Changed $140,000 -6.7% $112 / Sq Ft
10/03/2022 10/03/22 For Sale $150,000 +37.6% $120 / Sq Ft
08/31/2015 08/31/15 Sold $109,000 -9.2% $88 / Sq Ft View Prior Sale
08/13/2015 08/13/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $120,000 +4.3% $96 / Sq Ft
07/24/2012 07/24/12 Sold $115,000 -5.0% $92 / Sq Ft View Prior Sale
06/19/2012 06/19/12 Pending -- -- --
05/07/2012 05/07/12 For Sale $121,000 -- $97 / 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 $2,640 $168,800 $31,200 $137,600
2024 $2,906 $149,200 $29,000 $120,200
2023 $2,906 $149,200 $29,000 $120,200
2022 $2,648 $137,800 $25,800 $112,000
2021 $2,482 $127,800 $25,800 $102,000
2020 $2,482 $112,500 $21,500 $91,000
2019 $2,617 $108,800 $21,500 $87,300
2018 $2,280 $108,800 $21,500 $87,300
2017 $2,191 $105,500 $21,500 $84,000
2016 $2,191 $103,100 $21,500 $81,600
2015 $2,193 $103,082 $21,500 $81,582
2014 $2,008 $107,835 $21,500 $86,335
2013 $2,060 $107,835 $21,500 $86,335
Source: Public Records

Agents Affiliated with this Home

  • Charlie Randell

    Seller's Agent in 2023

    Charlie Randell

    Realty87

    (319) 316-3346

    5 in this area

    21 Total Sales

    Charlie Randell
    Section Image
  • James McClain

    Seller Co-Listing Agent in 2023

    James McClain

    Realty87

    (319) 961-8373

    5 in this area

    56 Total Sales

    James McClain
    Section Image
  • Tami Timm

    Buyer's Agent in 2023

    Tami Timm

    Realty87

    (319) 361-4663

    4 in this area

    217 Total Sales

    Tami Timm
    Section Image

  • M

    Seller's Agent in 2015

    Mike Schulte

    Realty87

    10 in this area

    100 Total Sales

    Mike Schulte
    Section Image

  • S

    Buyer's Agent in 2015

    Stefan Doerrfeld

    Twenty40 Real Estate + Development

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2209194

Cedar Rapids Area Association of REALTORS®

APN: 14151-51024-00000

Iowa Linn County Cedar Rapids 52402 Mound View

2400 E Ave NE, Cedar Rapids, IA

Not Listed for Sale

Detached

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