2407 Franklin Ave NE Cedar Rapids, IA 52402
4
Beds
1.5
Baths
1,160
Sq Ft
8,407
Sq Ft Lot
Highlights
- Main Floor Primary Bedroom
- Forced Air Cooling System
- Patio
- 1 Car Detached Garage
- Breakfast Bar
- Living Room
About This Home
As of July 2024Nicely 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.
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,199
Avg. Annual Appreciation
-1.48%
Original Mortgage
$163,615
Outstanding Balance
$162,490
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$4,678
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
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Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $169,500 | River Ridge Escrow | |
| Warranty Deed | $85,500 | None Available | |
| Warranty Deed | $86,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $163,615 | New Conventional | |
| Previous Owner | $106,700 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $73,000 | New Conventional | |
| Previous Owner | $57,680 | Unknown | |
| Previous Owner | $26,000 | Unknown | |
| Previous Owner | $69,108 | Unknown |
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
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 | $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
-
Adam Stradt
A
Seller's Agent in 2024
Adam Stradt
RE/MAX
(319) 573-9668
69 Total Sales
-
Jackie Karamitros
J
Buyer's Agent in 2024
Jackie Karamitros
Pinnacle Realty LLC
(319) 777-2077
62 Total Sales
-
Jill Monnahan
Seller's Agent in 2020
Jill Monnahan
SKOGMAN REALTY
(319) 981-1409
221 Total Sales
-
Jacey Slaton
Seller Co-Listing Agent in 2020
Jacey Slaton
SKOGMAN REALTY
(319) 551-2361
150 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2400563
APN: 14151-34003-00000
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