NOT LISTED FOR SALE

2500 Glen Elm Dr NE Cedar Rapids, IA 52402

Estimated Value: $256,000 - $283,000

5 Beds
2 Baths
2,060 Sq Ft
$130/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $185,750 $90 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,832/month

92 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Formal Dining Room
  • John F. Kennedy High School Rated A-
  • Recreation Room
  • 2 Car Attached Garage

About This Home

As of May 2019

Plenty of room in this 4 bedroom, 2 story home within walking distance of Pierce Elementary and Kennedy High School. Recently updated kitchen and bathroom. Fenced ¼-acre yard with walkout lower level. Home features a formal dining room, living room, and family room with fireplace. New carpeting. Corner lot for easy access and parking.

Last Listed By

Joni Long

COLDWELL BANKER HEDGES Listed on: 01/14/2019

COLDWELL BANKER HEDGES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,178

Year Built

  • 1965

Lot Details

  • 0.26 Acre Lot
  • Fenced

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,178

Year Built

1965

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.2580
  • Above Grade Finished Sq Ft: 1610
  • Total Bathrooms: 2.00
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 4178
  • List User Cell Phone: 319-350-0506
  • Low Lvl Fin Sq Ft: 450
  • Miscellaneous: Cable Ready, Deck, Fencing
  • Net Tax: 3995
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99067
  • Ratio Close Price By Original Li: 1.00433
  • Ratio Current Price By Sq Ft: 115.37
  • Total Sq Ft: 2060
  • Taxable Value Tv: 194800.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Appliances Included: Dishwasher, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, Living Room, Rec Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 2: 3
  • Fireplace Features: Family Room
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 2 Car

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

  • Elementary School: Pierce
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: .258 Acre

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2019
Closed on
May 29, 2019
Sold by
Damisch Ron and Damisch Gwen
Bought by
Horne Julie
Seller's Agent
Joni Long
COLDWELL BANKER HEDGES
Buyer's Agent
Shirley Jost
IOWA REALTY
List Price
$187,500
Sold Price
$185,750
Premium/Discount to List
-$1,750
-0.93%
Total Days on Market
92
Current Estimated Value
$267,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,769
Original Mortgage
$182,336
Outstanding Balance
$163,304
Interest Rate
4%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 2013
Sold by
Grawe Properties Lc
Bought by
Damisch Ron and Damisch Gwen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2008
Sold by
Grawe Properties Lc
Bought by
Damisch Ron and Damisch Gwen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,900
Interest Rate
8.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 25, 2008
Sold by
Albers Greg A
Bought by
Grawe Properties Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
6.32%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 12, 2004
Sold by
Nelson Ronald G and Nelson Margaret F
Bought by
Albers Greg A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
4.37%
Mortgage Type
Unknown

Range of Values:

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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
Horne Julie $186,000 Nationwide Title Clearing
Damisch Ron $170,000 None Available
Damisch Ron $169,900 None Available
Grawe Properties Lc $164,500 None Available
Albers Greg A $157,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horne Julie $44,750
Closed Horne Julie $7,773
Open Horne Julie $182,336
Previous Owner Damisch Ron $17,000
Previous Owner Damisch Ron $164,900
Previous Owner Grawe Properties Lc $178,000
Previous Owner Grawe Properties Lc $132,000
Previous Owner Albers Greg A $9,300
Previous Owner Albers Greg A $126,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2019 05/30/19 Sold $185,750 -0.9% $90 / Sq Ft
04/16/2019 04/16/19 Pending -- -- --
04/12/2019 04/12/19 Price Changed $187,500 0.0% $91 / Sq Ft
04/12/2019 04/12/19 For Sale $187,500 +0.9% $91 / Sq Ft
01/28/2019 01/28/19 Off Market $185,750 -- --
01/14/2019 01/14/19 For Sale $184,950 -- $90 / 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 $4,176 $250,200 $47,500 $202,700
2022 $3,934 $206,900 $38,400 $168,500
2021 $4,108 $198,900 $38,400 $160,500
2020 $4,108 $194,800 $34,700 $160,100
2019 $3,888 $180,400 $32,900 $147,500
2018 $3,782 $180,400 $32,900 $147,500
2017 $3,968 $182,200 $32,900 $149,300
2016 $3,690 $173,600 $32,900 $140,700
2015 $3,760 $176,744 $32,915 $143,829
2014 $3,760 $176,744 $32,915 $143,829
2013 $3,680 $176,744 $32,915 $143,829
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1900486

Cedar Rapids Area Association of REALTORS®

APN: 14081-04020-00000