NOT LISTED FOR SALE

2418 Franklin Ave NE Cedar Rapids, IA 52402

Mound View Neighborhood

Estimated Value: $173,000 - $194,365

4 Beds
1.5 Baths
1,582 Sq Ft
$119/Sq Ft Est. Value

Last Sold August 12, 2024

Last sale price $183,000 $116 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,219/month

1 Day on Market

Highlights

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

About This Home

As of August 2024

Enjoy the updates in this spacious and charming home! Updates include a newer front porch and a brand new hot water heater installed last year. The AC was replaced in 2020, the furnace in 2018, and the home received a new roof in 2019, with the garage roof updated in 2020. Other recent improvements comprise a new electric box, storm door, microwave, washing machine, and gutters at the back. Outside, a fenced backyard with a fire pit is a perfect space for entertaining, while additional storage is available in the shed attached to the oversized 1-car garage. Plus, this garage is a drive-thru! Conveniently located near amenities.

Last Agent to Sell the Property

Breckin Meyer

Realty87 Listed on: 07/08/2024

Realty87

Last Buyer's Agent

Star Horak

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,094

Year Built

  • 1946

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 55x140
  • Fenced

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,094

Year Built

1946

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.1700
  • Above Grade Finished Sq Ft: 1175
  • Total Bathrooms: 1.10
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 3094
  • List User Cell Phone: 319-432-9904
  • Low Lvl Fin Sq Ft: 407
  • Miscellaneous: Cable Ready, Deck, Fencing, Patio, Storage Shed
  • Net Tax: 2907
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98919
  • Ratio Close Price By Original Li: 0.98919
  • Ratio Current Price By Sq Ft: 155.74
  • Total Sq Ft: 1582
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1946

Interior Features

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

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached
  • Garage Size: 1 car

Utilities

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

Lot Info

  • Lot Size: 55x140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2024
Closed on
Aug 8, 2024
Sold by
Baker Trinity Alexis
Bought by
Smyth Jaytee A
Seller's Agent
Breckin Meyer
Realty87
Buyer's Agent
Star Horak
Pinnacle Realty LLC
List Price
$185,000
Sold Price
$183,000
Premium/Discount to List
-$2,000
-1.08%
Views
18
Current Estimated Value
$187,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,841
Avg. Annual Appreciation
2.11%
Original Mortgage
$9,150
Outstanding Balance
$5,379
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$182,462

Purchase Details

Listed on
Aug 1, 2022
Closed on
Sep 26, 2022
Sold by
Eileen Welsh Tracey and Lee Scotty
Bought by
Baker Trinity Alexis
Seller's Agent
Doug Junge
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Angie Carver
SKOGMAN REALTY
List Price
$184,900
Sold Price
$167,000
Premium/Discount to List
-$17,900
-9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.99%
Original Mortgage
$158,650
Interest Rate
5.22%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 29, 2017
Sold by
Fratella Scott E and Fratella Tonya S
Bought by
Kirk Tracey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,400
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 27, 2007
Sold by
Emig Steven E and Bemus Kathleen A
Bought by
Fratella Scott E and Fratella Tonya S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2007
Sold by
Boots Janice Pearl
Bought by
Emig Steven E and Bemus Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.71%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Smyth Jaytee A $183,000 None Listed On Document
Baker Trinity Alexis $167,000 River Ridge Escrow
Kirk Tracey E -- None Available
Fratella Scott E $124,500 None Available
Emig Steven E $74,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smyth Jaytee A $9,150
Open Smyth Jaytee A $176,892
Previous Owner Baker Trinity Alexis $158,650
Previous Owner Kirk Tracey E $90,400
Previous Owner Fratella Scott E $125,000
Previous Owner Emig Steven E $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2024 08/12/24 Sold $183,000 -1.1% $116 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
07/08/2024 07/08/24 For Sale $185,000 +10.8% $117 / Sq Ft
09/26/2022 09/26/22 Sold $167,000 0.0% $106 / Sq Ft View Prior Sale
09/26/2022 09/26/22 Sold $167,000 -4.6% $106 / Sq Ft View Prior Sale
08/26/2022 08/26/22 Pending -- -- --
08/26/2022 08/26/22 Pending -- -- --
08/18/2022 08/18/22 Price Changed $175,000 0.0% $111 / Sq Ft
08/15/2022 08/15/22 Price Changed $175,000 -5.4% $111 / Sq Ft
08/01/2022 08/01/22 For Sale $184,900 0.0% $117 / Sq Ft
07/21/2022 07/21/22 Price Changed $184,900 -5.1% $117 / Sq Ft
07/13/2022 07/13/22 For Sale $194,900 -- $123 / 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 $2,768 $182,500 $34,400 $148,100
2024 $2,930 $173,000 $31,600 $141,400
2023 $2,930 $166,900 $31,600 $135,300
2022 $2,758 $138,900 $26,100 $112,800
2021 $2,834 $133,100 $26,100 $107,000
2020 $2,834 $128,400 $23,400 $105,000
2019 $2,650 $122,900 $23,400 $99,500
2018 $2,576 $122,900 $23,400 $99,500
2017 $2,598 $119,300 $23,400 $95,900
2016 $2,564 $120,600 $23,400 $97,200
2015 $2,529 $118,859 $27,500 $91,359
2014 $2,344 $118,859 $27,500 $91,359
2013 $2,290 $118,859 $27,500 $91,359
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Breckin Meyer

    Realty87

    (319) 432-9904

    2 in this area

    75 Total Sales

    Breckin Meyer
    Section Image
  • Star Horak

    Buyer's Agent in 2024

    Star Horak

    Pinnacle Realty LLC

    (319) 538-7671

    4 in this area

    90 Total Sales

    Star Horak
    Section Image

  • D

    Seller's Agent in 2022

    Doug Junge

    GRAF HOME SELLING TEAM & ASSOCIATES

    (319) 981-1962

    1 in this area

    14 Total Sales

    Doug Junge
    Section Image

  • J

    Seller's Agent in 2022

    Jennifer Sweeney

    Ohl Iowa Realty, Inc

    (319) 334-9258

    1 in this area

    13 Total Sales

    Jennifer Sweeney
    Section Image

  • A

    Buyer's Agent in 2022

    Angie Carver

    SKOGMAN REALTY

    (319) 560-0976

    1 in this area

    6 Total Sales

    Angie Carver
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2404683

Cedar Rapids Area Association of REALTORS®

APN: 14151-31018-00000

Iowa Linn County Cedar Rapids 52402 Mound View

2418 Franklin Ave NE, Cedar Rapids, IA

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