2487 2nd St SW Cedar Rapids, IA 52404
Southwest Area NeighborhoodEstimated Value: $160,000 - $201,000
4
Beds
1
Bath
1,461
Sq Ft
$121/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 $176,195, approximately $120 per square foot. 2487 2nd St SW is a home located in Linn County with nearby schools including Wilson Middle School, Thomas Jefferson High School, and Holy Family School St. Ludmila 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
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
$42,754
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
Create a Home Valuation Report for This Property
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 | 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
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
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