2500 1st Ave NE Cedar Rapids, IA 52402
5
Beds
2
Baths
2,027
Sq Ft
8,712
Sq Ft Lot
Highlights
- Deck
- 2 Car Detached Garage
- Forced Air Cooling System
- Formal Dining Room
- Eat-In Kitchen
- Wood Burning Fireplace
About This Home
As of April 2023This home has lots of potential! With some TLC and elbow grease it could be a real sleeper! Fireplace in the living room hasn't been used in the last 14 years. Hardwood floors through out the main floor. One full bath on the main and one upstairs. Shared driveway with 2506 1st Ave that is also owned by this seller and could be purchased for additional cost.
Home Details
Home Type
- Single Family
Year Built
- 1905
Parking
- 2 Car Detached Garage
Home Design
- Frame Construction
- Aluminum Siding
Interior Spaces
- 2,027 Sq Ft Home
- 1.5-Story Property
- Wood Burning Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Basement Fills Entire Space Under The House
- Eat-In Kitchen
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Deck
- Lot Dimensions are 60 x 152
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 10, 2022
Closed on
Apr 4, 2023
Sold by
Godbolt Elijah
Bought by
Mcdaniels Janee A
Seller's Agent
Tyra McAbee
Century 21 Signature Real Estate
Buyer's Agent
Jeremy Trenkamp
Realty87
List Price
$176,500
Sold Price
$164,500
Premium/Discount to List
-$12,000
-6.8%
Views
350
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
$10,088
Avg. Annual Appreciation
2.61%
Original Mortgage
$161,519
Outstanding Balance
$157,787
Interest Rate
6.5%
Mortgage Type
FHA
Estimated Equity
$16,801
Purchase Details
Closed on
Oct 30, 2020
Sold by
Federspiel Properties Llc
Bought by
Godbolt Elijah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 10, 2020
Sold by
Sagner Bryce and Gross Andrea
Bought by
Federspiel Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 2, 2014
Closed on
Jul 28, 2014
Sold by
K M M Llc
Bought by
Federal Mortgage & Investment Corp
Seller's Agent
Kelly Bemus
SKOGMAN REALTY
Buyer's Agent
Gwen Johnson
SKOGMAN REALTY
List Price
$67,800
Sold Price
$65,000
Premium/Discount to List
-$2,800
-4.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%
Original Mortgage
$102,000
Interest Rate
4.07%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Similar Homes in Cedar Rapids, IA
-
$75,000
- 3 Beds
- 1 Bath
- 802 Sq Ft
- 142 14th Ave SW
- Cedar Rapids, IA
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
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $164,500 | -- | |
| Warranty Deed | $81,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $65,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $161,519 | FHA | |
| Previous Owner | $110,000 | New Conventional | |
| Previous Owner | $102,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $5,757 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/03/2023 04/03/23 | Sold | $164,500 | +2.9% | $81 / Sq Ft |
| 03/27/2023 03/27/23 | Pending | -- | -- | -- |
| 02/14/2023 02/14/23 | Price Changed | $159,900 | -3.7% | $79 / Sq Ft |
| 01/08/2023 01/08/23 | Price Changed | $166,000 | -1.8% | $82 / Sq Ft |
| 12/15/2022 12/15/22 | Price Changed | $169,000 | -4.2% | $83 / Sq Ft |
| 12/10/2022 12/10/22 | For Sale | $176,500 | +171.5% | $87 / Sq Ft |
| 07/31/2014 07/31/14 | Sold | $65,000 | -4.1% | $32 / Sq Ft |
| 07/08/2014 07/08/14 | Pending | -- | -- | -- |
| 07/02/2014 07/02/14 | For Sale | $67,800 | -- | $33 / 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 | $3,022 | $146,500 | $41,300 | $105,200 |
| 2022 | $245 | $143,300 | $36,700 | $106,600 |
| 2021 | $2,672 | $133,800 | $36,700 | $97,100 |
| 2020 | $2,672 | $121,100 | $30,600 | $90,500 |
| 2019 | $2,530 | $121,100 | $30,600 | $90,500 |
| 2018 | $2,460 | $117,400 | $30,600 | $86,800 |
| 2017 | $2,504 | $120,400 | $30,600 | $89,800 |
| 2016 | $2,504 | $117,800 | $30,600 | $87,200 |
| 2015 | $2,816 | $129,440 | $33,660 | $95,780 |
| 2014 | $2,754 | $135,020 | $33,660 | $101,360 |
| 2013 | $2,812 | $135,020 | $33,660 | $101,360 |
Source: Public Records
Agents Affiliated with this Home
-
Tyra McAbee
Seller's Agent in 2023
Tyra McAbee
Century 21 Signature Real Estate
(515) 953-8146
166 Total Sales
-
Kyle McAbee
Seller Co-Listing Agent in 2023
Kyle McAbee
Century 21 Signature Real Estate
(319) 389-7199
42 Total Sales
-
Jeremy Trenkamp
Buyer's Agent in 2023
Jeremy Trenkamp
Realty87
(319) 270-1323
841 Total Sales
-
Kelly Bemus
Seller's Agent in 2014
Kelly Bemus
SKOGMAN REALTY
(319) 360-0707
122 Total Sales
-
Gwen Johnson
Buyer's Agent in 2014
Gwen Johnson
SKOGMAN REALTY
(319) 631-4936
611 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1404629
APN: 14142-52026-00000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 2518 1st Ave NE
- 2607 B Ave NE
- 139 25th Street Dr SE
- 2321 1st Ave SE
- 130 Thompson Dr SE Unit 320
- 130 Thompson Dr SE Unit 214
- 2222 1st Ave NE Unit 507
- 2222 1st Ave NE
- 2222 1st Ave NE Unit 107
- 2222 1st Ave NE Unit 305
- 100 Thompson Dr SE Unit 308
- 425 24th St NE
- 2500 D Ave NE
- 2217 B Ave NE
- 2334 D Ave NE
- 309 29th Street Dr SE
- 2135 1st Ave SE
- 2135 1st Ave SE Unit 215
- 2135 1st Ave SE Unit 217
- 2135 1st Ave SE Unit 125