247 11th St NW Cedar Rapids, IA 52405
Northwest Area Neighborhood
2
Beds
1
Bath
880
Sq Ft
1948
Built
Highlights
- Ranch Style House
- Forced Air Cooling System
- 5-minute walk to Krebs Park
- Formal Dining Room
- Storage Shed
About This Home
As of August 2022Investor alert, great first time buyer, retirement home. This two bedroom, one bath would be a great way to start out the new year. New roof, siding, and paint in 2020. Enclosed porch on back of home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,656
Year Built
- 1948
Home Design
- Ranch Style House
- Frame Construction
- Vinyl Construction Material
Interior Spaces
- 880 Sq Ft Home
- Formal Dining Room
- Basement
- Block Basement Construction
- Range<<rangeHoodToken>>
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
- Gas Water Heater
- Cable TV Available
Additional Features
- Storage Shed
- Lot Dimensions are 40 x 90
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2022
Closed on
Aug 9, 2022
Sold by
Nelson Properties & Mgmt Llc
Bought by
Michels Zachary R
Seller's Agent
Rachael Ray
SKOGMAN REALTY
Buyer's Agent
Nneka Cooper
Pinnacle Realty LLC
List Price
$110,000
Sold Price
$110,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,824
Avg. Annual Appreciation
4.03%
Original Mortgage
$11,000
Outstanding Balance
$10,575
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$112,837
Purchase Details
Listed on
Jan 13, 2021
Closed on
Feb 24, 2021
Sold by
Moses Michael and Moses Susan
Bought by
Nelson Properties & Mgmt Llc
Seller's Agent
Bob Hackney
SKOGMAN REALTY
Buyer's Agent
Rachael Ray
SKOGMAN REALTY
List Price
$75,900
Sold Price
$70,000
Premium/Discount to List
-$5,900
-7.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.72%
Original Mortgage
$76,000
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 21, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Moses Michael and Moses Susan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
6.22%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 16, 2007
Sold by
Sandman Robert and Sandman Kristel K
Bought by
Deutsche Bank National Trust Co
Purchase Details
Closed on
Apr 1, 2005
Sold by
Sandman Kristel K and Sandman Robert
Bought by
Sandman Robert and Sandman Kristel K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
10%
Mortgage Type
New Conventional
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Investor Alert! This 3-bedroom, 1-bath home is listed well below assessed value—an excellent opportunity for investors, flippers, or those looking to add to their rental portfolio. With plenty of upside, this property is being sold as-is and is ready for your updates and improvements.
Bonnie Tiernan Realty87
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $110,000 | None Listed On Document | |
| Warranty Deed | $70,000 | None Available | |
| Special Warranty Deed | $41,000 | Title Services Corporation | |
| Quit Claim Deed | -- | None Available | |
| Sheriffs Deed | $60,000 | None Available | |
| Interfamily Deed Transfer | -- | All American Escrow & Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $11,000 | New Conventional | |
| Open | $99,000 | New Conventional | |
| Previous Owner | $76,000 | Credit Line Revolving | |
| Previous Owner | $746 | Unknown | |
| Previous Owner | $218,800 | Small Business Administration | |
| Previous Owner | $41,250 | Unknown | |
| Previous Owner | $61,200 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2022 08/19/22 | Sold | $110,000 | 0.0% | $124 / Sq Ft |
| 06/16/2022 06/16/22 | Pending | -- | -- | -- |
| 06/15/2022 06/15/22 | For Sale | $110,000 | 0.0% | $124 / Sq Ft |
| 06/03/2022 06/03/22 | Pending | -- | -- | -- |
| 06/01/2022 06/01/22 | For Sale | $110,000 | +57.1% | $124 / Sq Ft |
| 02/26/2021 02/26/21 | Sold | $70,000 | -7.8% | $80 / Sq Ft |
| 01/20/2021 01/20/21 | Pending | -- | -- | -- |
| 01/13/2021 01/13/21 | For Sale | $75,900 | -- | $86 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 | $1,962 | $106,100 | $19,900 | $86,200 |
| 2022 | $1,770 | $93,000 | $18,300 | $74,700 |
| 2021 | $1,710 | $85,400 | $18,300 | $67,100 |
| 2020 | $1,710 | $77,500 | $14,900 | $62,600 |
| 2019 | $1,584 | $73,500 | $11,600 | $61,900 |
| 2018 | $1,480 | $73,500 | $11,600 | $61,900 |
| 2017 | $1,436 | $67,600 | $11,600 | $56,000 |
| 2016 | $1,436 | $67,600 | $11,600 | $56,000 |
| 2015 | $1,398 | $65,676 | $11,620 | $54,056 |
| 2014 | $1,398 | $65,676 | $11,620 | $54,056 |
| 2013 | $1,368 | $65,676 | $11,620 | $54,056 |
Source: Public Records
Agents Affiliated with this Home
-
Rachael Ray
Seller's Agent in 2022
Rachael Ray
SKOGMAN REALTY
(319) 270-3104
10 in this area
196 Total Sales
-
Nneka Cooper
N
Buyer's Agent in 2022
Nneka Cooper
Pinnacle Realty LLC
(319) 412-6875
2 in this area
57 Total Sales
-
Bob Hackney
Seller's Agent in 2021
Bob Hackney
SKOGMAN REALTY
(319) 350-2609
2 in this area
38 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2100262
APN: 14291-40006-00000
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