$95,400
SOLD OCT 18, 2018

2435 1st Ave SW Cedar Rapids, IA 52405

3 Beds
2 Baths
1,452 Sq Ft
1954 Built

Recently Sold

$66 Per Sq Ft

7% Below List Price

104 Days on Market

Highlights

  • Deck
  • 1 Car Attached Garage
  • Forced Air Cooling System
  • Ranch Style House
  • Eat-In Kitchen
  • Patio

About This Home

As of October 2018

Waiting for new owners this ranch style home with walk out basement has a nice sized fenced lot, mature trees and attached 1 car garage. The home has 2 bedrooms and a full bath on the main level, eat in kitchen and drop zone off the garage. The lower level is a walk-out with bonus room, full bath and laundry hook ups. This property is being sold AS IS condition and managed by Chronos Solutions. This is an Exclusive listing. For more information please visit www.chronossolutions.com or www.hudhomestore.com Case # 161-357798

Last Agent to Sell the Property

Penny Novak

SKOGMAN REALTY Listed on: 06/02/2018

SKOGMAN REALTY

Last Buyer's Agent

Curtis Cleveland

Realty87

Realty87

Home Details

Home Type

  • Single Family

Year Built

  • 1954

Lot Details

  • Lot Dimensions are 120 x 115
  • Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Year Built

1954

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1052
  • Total Bathrooms: 2.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2802
  • List User Cell Phone: 319-981-3484
  • Low Lvl Fin Sq Ft: 400
  • Miscellaneous: Deck, Fencing, Patio
  • Net Tax: 2802
  • Other: Repo
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.93346
  • Ratio Close Price By Original Li: 0.93346
  • Ratio Current Price By Sq Ft: 90.68
  • Total Sq Ft: 1452
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Appliances Included: Dishwasher, Hood Fan, Microwave, Range, Water Heater – Gas
  • Basement: Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Attached
  • Garage Size: 1 Car

Utilities

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

Schools

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

Lot Info

  • Lot Size: 120 X 115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2019
Sold by
Ls Bright Properties Llc
Bought by
Cinkan Sheenah and Tholen Tyler
Current Estimated Value
$178,530

Purchase Details

Listed on
Jun 2, 2018
Closed on
Oct 15, 2018
Sold by
Secretary Of Hud
Bought by
Ls Bright Properties Llc
Seller's Agent
Penny Novak
SKOGMAN REALTY
Buyer's Agent
Curtis Cleveland
Realty87
List Price
$102,200
Sold Price
$95,400
Premium/Discount to List
-$6,800
-6.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%
Original Mortgage
$145,000
Outstanding Balance
$111,990
Interest Rate
4.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$62,580

Purchase Details

Closed on
Feb 12, 2018
Sold by
Embrace Home Loans Inc
Bought by
Secretary Of Housing And Urban Developme

Purchase Details

Closed on
Nov 7, 2017
Sold by
Sheriff Of Linn County
Bought by
Embrace Home Loans Inc

Purchase Details

Listed on
Nov 26, 2014
Closed on
Mar 31, 2015
Sold by
Lensing Benjamin J and Lensing Holly L
Bought by
Sebetka Joann F
Seller's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$119,950
Sold Price
$119,200
Premium/Discount to List
-$750
-0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.78%
Original Mortgage
$95,360
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 4, 2010
Sold by
Hardin Nettie M
Bought by
Lensing Benjamin J and Lensing Holly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,325
Interest Rate
4.36%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 11, 1999
Sold by
Oler Susann Marie and Oler Gregory J
Bought by
Hardin Nettie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.99%
Source: Public Records

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Range of Values:

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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
Land Contract $147,900 None Available
Special Warranty Deed -- None Available
Warranty Deed $231,000 None Available
Sheriffs Deed $122,372 None Available
Warranty Deed $119,500 None Available
Warranty Deed $125,500 None Available
Warranty Deed $99,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $145,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $108,109 FHA
Previous Owner $95,360 Adjustable Rate Mortgage/ARM
Previous Owner $124,325 FHA
Previous Owner $50,000 No Value Available
Closed $0 Land Contract Argmt. Of Sale
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2018 10/18/18 Sold $95,400 -6.7% $66 / Sq Ft
09/14/2018 09/14/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $102,200 0.0% $70 / Sq Ft
09/04/2018 09/04/18 For Sale $102,200 +7.1% $70 / Sq Ft
08/31/2018 08/31/18 Off Market $95,400 -- --
07/20/2018 07/20/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $102,200 0.0% $70 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
06/02/2018 06/02/18 For Sale $102,200 -14.3% $70 / Sq Ft
04/02/2015 04/02/15 Sold $119,200 -0.6% $77 / Sq Ft
02/05/2015 02/05/15 Pending -- -- --
11/26/2014 11/26/14 For Sale $119,950 -- $77 / 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 $3,250 $169,100 $34,600 $134,500
2022 $3,040 $154,100 $29,400 $124,700
2021 $3,098 $146,700 $29,400 $117,300
2020 $3,098 $140,400 $27,600 $112,800
2019 $2,774 $128,700 $27,600 $101,100
2018 $2,514 $128,700 $27,600 $101,100
2017 $2,510 $123,800 $27,600 $96,200
2016 $2,567 $120,800 $27,600 $93,200
2015 $2,551 $119,866 $27,648 $92,218
2014 $2,366 $123,749 $27,648 $96,101
2013 $2,392 $123,749 $27,648 $96,101
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1803862

Cedar Rapids Area Association of REALTORS®

APN: 14304-27006-00000