NOT LISTED FOR SALE

2427 C Ave NE Cedar Rapids, IA 52402

Estimated Value: $142,000 - $176,000

4 Beds
1 Bath
1,377 Sq Ft
$119/Sq Ft Est. Value

Last Sold August 17, 2017

Last sale price $59,000 $43 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $1,149/month

39 Days on Market

Highlights

  • 1.5-Story Property
  • 1 Car Detached Garage
  • Forced Air Cooling System
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Patio

About This Home

As of August 2017

4 bedroom home close to Schools! This home has so much potential and it is close to schools, Mt Mercy college and parks! owner and nonprofit buyers only for the first 20 days. Investor offers will be reviewed starting day 21. Buyers will be required to sign an occupancy cert. Sellers will review offers after the property has been on the market 7 days. Email all offers to listing agent.

Last Listed By

KATHY EIGHME

FUSION REALTORS Listed on: 05/15/2017

Home Details

Home Type

  • Single Family

Year Built

  • 1919

Lot Details

  • 6,011 Sq Ft Lot
  • Lot Dimensions are 40 x 150

Parking

  • 1 Car Detached Garage

Home Design

  • 1.5-Story Property
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,377 Sq Ft Home
  • Family Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Year Built

1919

Lot Details

0

Listing Details

  • Style: 1.5 Story, Ranch
  • Acres: 0.1380
  • Above Grade Finished Sq Ft: 1377
  • Total Bathrooms: 1.00
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2153
  • List User Cell Phone: 319-231-6980
  • Miscellaneous: Patio
  • Net Tax: 1968
  • Other: Repo
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98497
  • Ratio Close Price By Original Li: 0.90909
  • Ratio Current Price By Sq Ft: 42.85
  • Total Sq Ft: 1377
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1919

Interior Features

  • Additional Room: 1st Floor Family
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 7

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 1 Car, Detached

Utilities

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

Schools

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

Lot Info

  • Lot Size: 40 X 150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2017
Closed on
Jun 29, 2017
Sold by
Us Bank National Association
Bought by
Gutschmidt Properties Inc
Seller's Agent
KATHY EIGHME
FUSION REALTORS
Buyer's Agent
Adam Stradt
RE/MAX CONCEPTS
List Price
$64,900
Sold Price
$59,000
Premium/Discount to List
-$5,900
-9.09%
Total Days on Market
39
Current Estimated Value
$163,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,723
Avg. Annual Appreciation
13.80%
Original Mortgage
$88,000
Interest Rate
4.03%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 4, 2017
Sold by
Nationstar Mortgage Llc
Bought by
U S Bank National Association

Purchase Details

Closed on
Sep 15, 2005
Sold by
Peterson Bob R
Bought by
Mcburney Scott and Mcburney Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,113
Interest Rate
6.01%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 1998
Sold by
Svoboda Mark E and Svoboda Melanie J
Bought by
Peterson Bob R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,550
Interest Rate
7.09%

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
Gutschmidt Properties Inc $59,000 None Available
U S Bank National Association $65,401 None Available
Mcburney Scott $112,500 --
Peterson Bob R $79,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutschmidt Properties Inc $1,000,000
Closed Gutschmidt Properties Inc $88,000
Previous Owner Gutschmidt Properties Inc $88,000
Previous Owner Mcburney Scott $112,113
Previous Owner Peterson Bob R $77,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2017 08/17/17 Sold $59,000 -9.1% $43 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $64,900 -- $47 / 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
2023 $2,908 $143,200 $27,500 $115,700
2022 $2,648 $137,900 $24,500 $113,400
2021 $2,600 $127,800 $24,500 $103,300
2020 $2,600 $117,800 $20,400 $97,400
2019 $2,452 $113,800 $20,400 $93,400
2018 $2,238 $113,800 $20,400 $93,400
2017 $2,153 $103,700 $20,400 $83,300
2016 $2,153 $101,300 $20,400 $80,900
2015 $2,343 $110,109 $20,400 $89,709
2014 $2,158 $115,335 $20,400 $94,935
2013 $2,216 $115,335 $20,400 $94,935
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1705595

Cedar Rapids Area Association of REALTORS®

APN: 14151-76005-00000