$167,000
SOLD SEP 26, 2022

2418 Franklin Ave NE Cedar Rapids, IA 52402

4 Beds
1.5 Baths
1,582 Sq Ft
7,700 Sq Ft Lot

Recently Sold

$106 Per Sq Ft

14% Below List Price

44 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Fenced
  • Porch
  • Ceiling Fan
  • Storage Shed

About This Home

As of August 2024

This home could be perfect for your family! It has 4 bedrooms, 1.5 baths, and a perfect fenced in backyard with fire pit and seating for entertaining! You'll find extra storage space in the shed attached to the garage. You'll enjoy the updates in this one as well. Sellers just put on a beautiful front porch. The furnace was replaced in 2018 and the AC in 2020. The roof on the home was new in 2019 with the garage roof updated in 2020. There's a new electric box, storm door, microwave, gutters on the back, and lots of fresh paint! Take a look right away! Sellers are motivated!

Last Agent to Sell the Property

Jennifer Sweeney

Ohl Iowa Realty, Inc License #S57347000 Listed on: 07/13/2022

Ohl Iowa Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,834

Year Built

  • Built in 1946

Lot Details

  • 7,700 Sq Ft Lot
  • Lot Dimensions are 55 x 140
  • Fenced
  • Property is zoned R-2

Parking

  • 1 Car Detached Garage

Home Design

  • Concrete Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,582 Sq Ft Home
  • Ceiling Fan
  • Laundry on lower level

Kitchen

  • Free-Standing Range
  • Built-In Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Storage Shed
  • Porch

Schools

  • Cedar Rapids Elementary And Middle School
  • Cedar Rapids High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 141513101800000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,834

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Parcel Number: 141513101800000
  • Year Built: 1946
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.177
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-334-9258
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling Fan(s)
  • Reso Roof: Metal
  • TotalFinishedSquareFootage: 1582
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave Built In, Free-Standing Range, Refrigerator
  • Basement: Concrete
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 407
  • BelowGradeArea: 815

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Fenced Yard, Porch, Storage Shed

Garage/Parking

  • Parking Features: 1 Stall, Detached Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Cedar Rapids
  • High School: Cedar Rapids
  • Middle Or Junior School: Cedar Rapids

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 55 x 140
  • Lot Size Sq Ft: 7700
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2834

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
$190,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,653
Avg. Annual Appreciation
3.69%
Original Mortgage
$9,150
Outstanding Balance
$5,379
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$185,274

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
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 Type Sale Price Title Company
Warranty Deed $183,000 None Listed On Document
Warranty Deed $167,000 River Ridge Escrow
Warranty Deed -- None Available
Warranty Deed $124,500 None Available
Warranty Deed $74,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $9,150 New Conventional
Open $176,892 FHA
Previous Owner $158,650 Balloon
Previous Owner $90,400 Adjustable Rate Mortgage/ARM
Previous Owner $125,000 Purchase Money Mortgage
Previous Owner $116,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
09/26/2022 09/26/22 Sold $167,000 -4.6% $106 / Sq Ft
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: Northeast Iowa Regional Board 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

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20223300

Northeast Iowa Regional Board of REALTORS®

APN: 14151-31018-00000