NOT LISTED FOR SALE

2407 Franklin Ave NE Cedar Rapids, IA 52402

Estimated Value: $158,000 - $180,000

4 Beds
1.5 Baths
1,160 Sq Ft
$144/Sq Ft Est. Value

Last Sold July 25, 2024

Last sale price $169,500 $146 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,060/month

126 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Forced Air Cooling System
  • Patio
  • 1 Car Detached Garage
  • Breakfast Bar
  • Living Room

About This Home

As of July 2024

Nicely updated home with a large backyard that faces south and the walking trail behind. Roof replaced after the derecho. Newer water heater, furnace and AC about half life. Updated windows and electrical panel. Kitchen and main bath have both been updated as well. Newer appliances. Updated flooring, fixtures, white trim, and neutral paint scheme. Additional sqft could be added in the basement too. Would also make a nice rental property as inspections are already passed and in good standing.

Last Agent to Sell the Property

Adam Stradt

RE/MAX CONCEPTS Listed on: 01/25/2024

RE/MAX CONCEPTS

Last Buyer's Agent

Jackie Karamitros

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,156

Year Built

  • 1946

Lot Details

  • 8,407 Sq Ft Lot
  • Lot Dimensions are 60x140
  • Fenced

Home Design

  • Poured Concrete
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,160 Sq Ft Home
  • 1.75 Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • On-Street Parking

Outdoor Features

  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,156

Year Built

1946

Lot Details

0

Listing Details

  • Style: 1.75 Story
  • Acres: 0.1930
  • Above Grade Finished Sq Ft: 1160
  • Total Bathrooms: 1.10
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 2156
  • List User Cell Phone: 319-573-9668
  • Miscellaneous: Cable Ready, Fencing, Patio
  • Net Tax: 2156
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96913
  • Ratio Close Price By Original Li: 0.91622
  • Ratio Current Price By Sq Ft: 146.12
  • Total Sq Ft: 1160
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint., Paved
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1946

Interior Features

  • Appliances Included: Dishwasher, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Living Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 2
  • Level 1 Full Bathrooms: 1
  • Level 2 Half Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum, Wood

Garage/Parking

  • Garage/Parking: 1 Car, Detached, On Street Parking
  • Garage Size: 240

Utilities

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

Schools

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

Lot Info

  • Lot Size: 60x140

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Jul 23, 2024
Sold by
Carroll Joe and Carroll Michele
Bought by
Borer Delana and Walton Cevan
Seller's Agent
Adam Stradt
RE/MAX CONCEPTS
Buyer's Agent
Jackie Karamitros
Pinnacle Realty LLC
List Price
$185,000
Sold Price
$169,500
Premium/Discount to List
-$15,500
-8.38%
Views
235
Current Estimated Value
$166,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,794
Avg. Annual Appreciation
-1.40%
Original Mortgage
$163,615
Outstanding Balance
$161,612
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$5,094

Purchase Details

Listed on
Jan 16, 2020
Closed on
Feb 20, 2020
Sold by
Gallatin Galle
Bought by
Carroll Joe
Seller's Agent
Jill Monnahan
SKOGMAN REALTY
Buyer's Agent
Adam Stradt
RE/MAX CONCEPTS
List Price
$100,000
Sold Price
$85,200
Premium/Discount to List
-$14,800
-14.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.80%
Original Mortgage
$106,700
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 25, 2003
Sold by
Albert James A
Bought by
Gallatin Gaile

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,108
Interest Rate
6.1%
Mortgage Type
Unknown
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
Borer Delana $169,500 River Ridge Escrow
Carroll Joe $85,500 None Available
Gallatin Gaile $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borer Delana $163,615
Previous Owner Carroll Joe $106,700
Previous Owner Gallatin Gaile $69,108
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2024 07/25/24 Sold $169,500 -3.1% $146 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
05/17/2024 05/17/24 Price Changed $174,900 -2.8% $151 / Sq Ft
03/29/2024 03/29/24 Price Changed $179,900 -0.9% $155 / Sq Ft
03/12/2024 03/12/24 Price Changed $181,500 -1.9% $156 / Sq Ft
01/25/2024 01/25/24 For Sale $185,000 +117.1% $159 / Sq Ft
02/21/2020 02/21/20 Sold $85,200 -14.8% $73 / Sq Ft
01/18/2020 01/18/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $100,000 -- $86 / 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 $2,124 $156,700 $37,500 $119,200
2024 $2,156 $148,500 $34,500 $114,000
2023 $2,156 $120,000 $34,500 $85,500
2022 $2,036 $102,200 $28,500 $73,700
2021 $2,090 $98,300 $28,500 $69,800
2020 $2,090 $94,700 $25,500 $69,200
2019 $1,778 $91,000 $25,500 $65,500
2018 $1,724 $91,000 $25,500 $65,500
2017 $1,756 $89,200 $25,500 $63,700
2016 $2,149 $101,100 $25,500 $75,600
2015 $2,253 $105,093 $30,000 $75,093
2014 $2,052 $105,093 $30,000 $75,093
2013 $2,002 $105,093 $30,000 $75,093
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Adam Stradt

    RE/MAX

    (319) 573-9668

    61 Total Sales

    Adam Stradt
    Section Image

  • J

    Buyer's Agent in 2024

    Jackie Karamitros

    Pinnacle Realty LLC

    (319) 777-2077

    64 Total Sales

    Jackie Karamitros
    Section Image
  • Jill Monnahan

    Seller's Agent in 2020

    Jill Monnahan

    SKOGMAN REALTY

    (319) 981-1409

    206 Total Sales

    Jill Monnahan
    Section Image
  • Jacey Slaton

    Seller Co-Listing Agent in 2020

    Jacey Slaton

    SKOGMAN REALTY

    (319) 551-2361

    144 Total Sales

    Jacey Slaton
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2400563

Cedar Rapids Area Association of REALTORS®

APN: 14151-34003-00000

Iowa Linn County Cedar Rapids 52402

2407 Franklin Ave NE, Cedar Rapids, IA

This home is located at 2407 Franklin Ave NE, Cedar Rapids, IA 52402 since 25 January 2024 and is currently estimated at $166,706, approximately $143 per square foot. This property was built in 1946. 2407 Franklin 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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