$164,500
SOLD APR 3, 2023

2500 1st Ave NE Cedar Rapids, IA 52402

4 Beds
2 Baths
2,027 Sq Ft
9,104 Sq Ft Lot

Recently Sold

$81 Per Sq Ft

7% Below List Price

107 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • 2 Car Detached Garage
  • Forced Air Cooling System
  • Formal Dining Room
  • Fireplace

About This Home

As of April 2023

Accepted offer. Taking back up offers through inspection period

Last Agent to Sell the Property

Tyra McAbee

Century 21 Signature Real Estate Listed on: 12/10/2022

Century 21 Signature Real Estate

Co-Listed By

Kyle McAbee

Century 21 Signature Real Estate

Last Buyer's Agent

Jeremy Trenkamp

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,772

Year Built

  • 1905

Lot Details

  • 9,104 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 2,027 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Utilities

  • Forced Air Cooling System
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,772

Year Built

1905

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.2090
  • Above Grade Finished Sq Ft: 2027
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 2772
  • List User Cell Phone: 515-953-8146
  • Net Tax: 2772
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.02877
  • Ratio Close Price By Original Li: 0.93201
  • Ratio Current Price By Sq Ft: 81.15
  • Total Sq Ft: 2027
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1905

Interior Features

  • Appliances Included: Dishwasher, Range, Refrigerator, Water Heater – Gas
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 2
  • Fireplace Features: Built In
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 2 Cars, Detached

Utilities

  • Heating Cooling: Central Air, Forced Air

Schools

  • Elementary School: Arthur
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: 9100

Rental Info

  • Pets: Pets Allowed

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
$174,588

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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 $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

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2210173

Cedar Rapids Area Association of REALTORS®

APN: 14142-52026-00000