NOT LISTED FOR SALE

2487 2nd St SW Cedar Rapids, IA 52404

Southwest Area Neighborhood

Estimated Value: $162,000 - $195,000

4 Beds
1 Bath
1,461 Sq Ft
$119/Sq Ft Est. Value

About This Home

This home is located at 2487 2nd St SW, Cedar Rapids, IA 52404 and is currently estimated at $174,360, approximately $119 per square foot. 2487 2nd St SW is a home located in Linn County with nearby schools including Junction City Elementary School, Grant Elementary School, and Bruce Hall Day Treatment Center.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2021
Sold by
Lkj Enterprises Llc
Bought by
Dynasty Holdings Llc
Current Estimated Value
$174,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Outstanding Balance
$133,441
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$40,919

Purchase Details

Closed on
Nov 21, 2020
Sold by
Lkj Enterprises Llc
Bought by
Dynasty Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,774
Interest Rate
5%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Oct 23, 2015
Sold by
Linn Area Cu
Bought by
Lkj Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,500
Interest Rate
3.91%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 11, 2015
Sold by
Scott James E and Scott Lisa A
Bought by
Linn Area Cu
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Dynasty Holdings Llc $90,000 None Available
Dynasty Holdings Llc $90,000 None Listed On Document
Dynasty Holdings Llc $89,774 None Available
Lkj Enterprises Llc $75,000 None Available
Linn Area Cu $71,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dynasty Holdings Llc $147,000
Closed Dynasty Holdings Llc $147,000
Previous Owner Dynasty Holdings Llc $89,774
Previous Owner Lkj Enterprises Llc $134,500
Source: Public Records

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
2025 $2,682 $171,800 $34,200 $137,600
2024 $2,936 $160,900 $30,800 $130,100
2023 $2,936 $151,600 $30,800 $120,800
2022 $2,642 $139,200 $27,300 $111,900
2021 $2,664 $127,500 $27,300 $100,200
2020 $2,664 $120,700 $23,900 $96,800
2019 $2,492 $120,700 $23,900 $96,800
2018 $2,422 $115,600 $23,900 $91,700
2017 $2,506 $115,100 $23,900 $91,200
2016 $2,369 $111,500 $23,900 $87,600
2015 $2,386 $111,254 $23,923 $87,331
2014 $2,383 $111,254 $23,923 $87,331
2013 $2,130 $111,254 $23,923 $87,331
Source: Public Records

Map

Iowa Linn County Cedar Rapids 52404 Southwest Area

2487 2nd St SW, Cedar Rapids, IA

Not Listed for Sale

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