NOT LISTED FOR SALE

2429 8th Ave SW Cedar Rapids, IA 52404

Estimated Value: $106,000 - $128,481

3 Beds
1 Bath
845 Sq Ft
$138/Sq Ft Est. Value

Last Sold November 13, 2023

Last sale price $99,500 $118 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $802/month

22 Days on Market

Highlights

  • Ranch Style House
  • Patio
  • Living Room
  • Forced Air Cooling System

About This Home

As of November 2023

Great first time buyer or investment property. Freshly painted, newer roof, good mechanicals. May need some flooring in kitchen and living room. Why rent when this can be the one for you. Nice yard, room for garage for your cars or boat. Close to schools, shopping, etc, all on a Dead End street.

Last Listed By

Paul Canas

Pinnacle Realty LLC Listed on: 09/13/2023

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,856

Year Built

  • 1952

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 845 Sq Ft Home
  • Living Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer

Utilities

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

Additional Features

  • Patio
  • Lot Dimensions are 50 x 140

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,856

Year Built

1952

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 845
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Gross Tax: 1856
  • List User Cell Phone: 319-981-1450
  • Miscellaneous: Cable Ready, Patio
  • Net Tax: 1856
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.94762
  • Ratio Current Price By Sq Ft: 117.75
  • Total Sq Ft: 845
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Living Room
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

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

Schools

  • Elementary School: Cleveland
  • Middle School: Roosevelt
  • High School: Jefferson

Lot Info

  • Lot Size: 50 X 140

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2018
Closed on
Aug 6, 2018
Sold by
Franck Tracy J
Bought by
Jensen Sandra K and Jensen Billy Dean
Seller's Agent
Jessy Daugherty
Pinnacle Realty LLC
Buyer's Agent
Teri Fleming
COLDWELL BANKER HEDGES
List Price
$79,000
Sold Price
$80,500
Premium/Discount to List
$1,500
1.9%
Total Days on Market
22
Current Estimated Value
$116,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,120
Avg. Annual Appreciation
5.23%
Original Mortgage
$8,050
Outstanding Balance
$3,094
Interest Rate
4.5%
Mortgage Type
Stand Alone Second
Estimated Equity
$110,619

Purchase Details

Listed on
Sep 21, 2012
Closed on
Feb 2, 2013
Sold by
Mooney Ryan T and Mooney Tabetha
Bought by
Franck Tracy J
Seller's Agent
Wendy Christian
KW Advantage
Buyer's Agent
Wendy Christian
KW Advantage
List Price
$75,000
Sold Price
$67,000
Premium/Discount to List
-$8,000
-10.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.38%
Original Mortgage
$60,300
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2004
Sold by
Stevens Gary N and Stevens Judith E
Bought by
Mooney Ryan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,725
Interest Rate
7.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 27, 2002
Sold by
Stevens Gary N and Stevens Judith E
Bought by
Mooney Ryan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 26, 2002
Sold by
Abernathy Margaret L
Bought by
Stevens Gary N and Stevens Judith E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.75%
Mortgage Type
Seller Take Back

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
Jensen Sandra K $80,500 None Available
Franck Tracy J $66,500 None Available
Mooney Ryan T $65,500 --
Mooney Ryan T $66,000 --
Stevens Gary N $65,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jensen Sandra K $8,050
Open Jensen Sandra K $72,450
Previous Owner Franck Tracy J $60,300
Previous Owner Mooney Ryan T $71,725
Previous Owner Mooney Ryan T $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2023 11/13/23 Sold $99,500 0.0% $118 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
10/03/2023 10/03/23 Price Changed $99,500 -5.2% $118 / Sq Ft
09/13/2023 09/13/23 For Sale $105,000 +30.4% $124 / Sq Ft
08/10/2018 08/10/18 Sold $80,500 +1.9% $95 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $79,000 +17.9% $93 / Sq Ft
02/04/2013 02/04/13 Sold $67,000 -10.7% $79 / Sq Ft
12/19/2012 12/19/12 Pending -- -- --
09/21/2012 09/21/12 For Sale $75,000 -- $89 / 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 $1,856 $103,700 $25,800 $77,900
2022 $1,742 $88,000 $21,900 $66,100
2021 $1,778 $84,100 $21,900 $62,200
2020 $1,778 $80,600 $20,600 $60,000
2019 $1,604 $74,400 $20,600 $53,800
2018 $1,376 $74,400 $20,600 $53,800
2017 $1,402 $72,900 $20,600 $52,300
2016 $1,515 $71,300 $20,600 $50,700
2015 $1,516 $71,254 $20,600 $50,654
2014 $1,516 $73,387 $20,600 $52,787
2013 $1,528 $73,387 $20,600 $52,787
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2306032

Cedar Rapids Area Association of REALTORS®

APN: 14304-33006-00000