NOT LISTED FOR SALE

2455 1st Ave SW Cedar Rapids, IA 52405

Estimated Value: $148,000 - $174,000

3 Beds
2 Baths
1,109 Sq Ft
$141/Sq Ft Est. Value

Last Sold July 14, 2016

Last sale price $96,000 $87 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $875/month

12 Days on Market

Highlights

  • Eat-In Kitchen
  • Family Room
  • Fenced
  • Forced Air Cooling System

About This Home

As of July 2016

Hurry at your chance to own this charming home with an extensive list of updates, which include; newer furnace, AC and roof !! In this crazy market, it's still OK for a buyer to catch a bargain. Home was professionally appraised in April 2016 for a value of 112,500. The only thing missing on this home is a garage, but worry not because you can fit about 6 vehicles in the recently expanded driveway. Use that equity to make this house your new home !

Last Listed By

Chad Gloede

RE/MAX CONCEPTS Listed on: 05/20/2016

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,815

Year Built

  • 1952

Lot Details

  • 6,882 Sq Ft Lot
  • Lot Dimensions are 60 x 115
  • Fenced

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,109 Sq Ft Home
  • 1.5-Story Property
  • Family Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Basement

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

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,815

Year Built

1952

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.1580
  • Above Grade Finished Sq Ft: 1109
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 1815
  • List User Cell Phone: 319-573-0697
  • Miscellaneous: Fencing
  • Net Tax: 1815
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.91429
  • Ratio Close Price By Original Li: 0.91429
  • Ratio Current Price By Sq Ft: 86.56
  • Total Sq Ft: 1109
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Appliances Included: Microwave, Range, Refrigerator
  • Additional Room: 1st Floor Family
  • Basement: Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 1
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Utilities

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

Schools

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

Lot Info

  • Lot Size: 60 X 115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2016
Closed on
Jul 14, 2016
Sold by
Cook Richard E and Cook Doria A
Bought by
Gloede Properties Llc
Seller's Agent
Chad Gloede
RE/MAX CONCEPTS
Buyer's Agent
Chad Gloede
RE/MAX CONCEPTS
List Price
$105,000
Sold Price
$96,000
Premium/Discount to List
-$9,000
-8.57%
Total Days on Market
12
Current Estimated Value
$156,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,581
Avg. Annual Appreciation
5.69%
Original Mortgage
$76,800
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 2008
Sold by
Loeffler Richard A
Bought by
Cook Richard E and Cook Doria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,766
Interest Rate
5.79%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 8, 1999
Sold by
Loeffler Richard A and Loeffler Lisa L
Bought by
Loeffler Richard A

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
Gloede Properties Llc -- None Available
Cook Richard E $93,000 None Available
Loeffler Richard A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gloede Properties Llc $77,000
Closed Gloede Properties Llc $76,800
Previous Owner Cook Richard E $92,766
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2016 07/14/16 Sold $96,000 -8.6% $87 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $105,000 -- $95 / 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 $79 $133,300 $28,800 $104,500
2022 $2,212 $118,900 $24,500 $94,400
2021 $2,260 $106,800 $24,500 $82,300
2020 $2,260 $102,400 $23,000 $79,400
2019 $2,030 $94,200 $23,000 $71,200
2018 $1,974 $94,200 $23,000 $71,200
2017 $1,558 $85,300 $23,000 $62,300
2016 $1,558 $73,300 $23,000 $50,300
2015 $1,286 $60,470 $23,040 $37,430
2014 $1,286 $62,046 $23,040 $39,006
2013 $1,292 $62,046 $23,040 $39,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1605407

Cedar Rapids Area Association of REALTORS®

APN: 14304-27008-00000