$211,000
SOLD JUL 22, 2022

2500 Lori Dr SW Cedar Rapids, IA 52404

3 Beds
2 Baths
1,527 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$138 Per Sq Ft

8% Above List Price

32 Days on Market

Highlights

  • Above Ground Pool
  • Bonus Room
  • Fenced Yard
  • Deck
  • Breakfast Area or Nook
  • Living Room

About This Home

As of May 2024

Come on over & take a look at this well-taken care of ranch home that is located in a great neighborhood. This home is situated on a quiet drive (street ends a few homes down) but offers quick access to local amenities. It is close to all the SW shopping and restaurants attractions yet just ten minutes away from the Kirkwood Community College Campus, an amazing location for students seeking an affordable home nearby! Not only does this home offer living rooms, three bedrooms, and a bonus room but the quality of appliances and custom granite countertops are sure to please. Two car garage with heater & a great potential (above ground) pool opportunity as it does need some repair. The owner is willing to offer a small credit for closing costs for such repairs.

Last Agent to Sell the Property

Jeff Tackaberry

NextHome Navigator Listed on: 04/22/2022

NextHome Navigator

Co-Listed By

Valeria Ramos

NextHome Navigator

Last Buyer's Agent

Kayla Fisher

Lepic-Kroeger, REALTORS

Lepic-Kroeger, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,780

Year Built

  • Built in 1977

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 70 x 136
  • Fenced Yard

Parking

  • 2 Parking Spaces

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1-Story Property
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Bonus Room

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Above Ground Pool
  • Deck
  • Shed

Location

  • Property is near shops

Schools

  • Van Buren Elementary School
  • Wilson Middle School
  • Jefferson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Sw Quadrant Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14314-2801900000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,780

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1527
  • Owner Name L F Mi: Letts
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Remarks: Sellers are currently accepting offers through Sunday, April 24 at 5:00 PM. Every offer will be immediately submitted to the seller for review. The seller reserves the right to accept an offer at any time. All offers will be responded to by Monday, April 25 at noon. All offers will be subject to a specific purchase by the seller. Reserve items: basement freezer, black-out curtains in kids' rooms, white attached shelving in the living room, & alarm system.
  • Year Built: 1977
  • Tax Year Report: 2020
  • Subdivision: SW QUADRANT
  • Directions: Head towards Wilson Ave SW after getting off on 1-380 N, Turn Left onto Wilson Ave toward Stadium, then make a left onto Lori Dr SW and you will find the destination on the right.
  • Aging In Place Form: No
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to Shopping
  • Basement Remarks: Poured Concrete, Full
  • Fireplace Type Location: None
  • Interior R: Cable Available
  • Kitchen Breakfast R: Breakfast Area
  • Lot Description R: Less than .5 Acre
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story
  • Remarks2: Come on over & take a look at this well-taken care of ranch home that is located in a great neighborhood. This home is situated on a quiet drive (street ends a few homes down) but offers quick access to local amenities. It is close to all the SW shopping and restaurants attractions yet just ten minutes away from the Kirkwood Community College Campus, an amazing location for students seeking an affordable home nearby! Not only does this home offer living rooms, three bedrooms, and a bonus room but the quality of appliances and custom granite countertops are sure to please. Two car garage with heater & a great potential (above ground) pool opportunity as it does need some repair. The owner is willing to offer a small credit for closing costs for such repairs.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Dryer, Washer
  • Number Bedrooms Main: 3
  • Sq Ft Above: 1015
  • Total Full Baths: 2
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Family Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 512
  • Laundry Location: Basement
  • Mstr Br Level: Main
  • Mstr Br Width: 13
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck, Fenced Yard, Pool Above Ground, Shed

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Gas, Central, Forced Air

Schools

  • Elementary School: Van Buren
  • Middle School: Wilson
  • High School: Jefferson
  • High School: Jefferson
  • Jr Middle School: Wilson
  • Elementary School: Van Buren

Lot Info

  • Acreage: 0.22
  • Geo Subdivision: IA
  • Lot Dimensions: 70 x 136
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 3278
  • Assessor Parcel Number: 14314-2801900000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
May 15, 2024
Sold by
Mclean Kyle Michelle and Daekaree Justice
Bought by
Kriegermeier Alan
Seller's Agent
Jeremy Trenkamp
Realty87
Buyer's Agent
Breckin Meyer
Realty87
List Price
$229,900
Sold Price
$220,000
Premium/Discount to List
-$9,900
-4.31%
Views
92
Current Estimated Value
$229,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,812
Avg. Annual Appreciation
3.70%
Original Mortgage
$226,773
Outstanding Balance
$224,182
Interest Rate
6.82%
Mortgage Type
VA
Estimated Equity
$5,630

Purchase Details

Listed on
Apr 22, 2022
Closed on
Jul 16, 2022
Sold by
Letts Barbara M and Letts Joshua L
Bought by
Mclean Daekaree Justice Alex and Mclean Kylie Michelle
Seller's Agent
Jeff Tackaberry
NextHome Navigator
Buyer's Agent
Kayla Fisher
Lepic-Kroeger, REALTORS
List Price
$194,900
Sold Price
$211,000
Premium/Discount to List
$16,100
8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.32%
Original Mortgage
$21,100
Interest Rate
4.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 23, 2020
Closed on
Apr 28, 2020
Sold by
Montague Valerie L and Montague Brown J
Bought by
Letts Barbara M and Letts Joshua L
Seller's Agent
Heather Morris
SKOGMAN REALTY
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$172,500
Sold Price
$173,000
Premium/Discount to List
$500
0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%
Original Mortgage
$145,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2012
Sold by
Anderson Jason M and Anderson Lisa M
Bought by
Montague Valerie L and Montague Brown J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,450
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2006
Sold by
Casey Michael and Casey Michele
Bought by
Sperfslage Alan R and Sperfslage Lori S

Purchase Details

Closed on
Feb 24, 2003
Sold by
Stober Michael E and Stober Catherine S
Bought by
Anderson Jason M and Anderson Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,750
Interest Rate
6.07%
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 $222,000 None Listed On Document
Warranty Deed $222,000 None Listed On Document
Warranty Deed $211,000 None Listed On Document
Warranty Deed $173,000 None Available
Joint Tenancy Deed $154,000 None Available
Quit Claim Deed -- None Available
Warranty Deed $127,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $226,773 VA
Closed $226,773 VA
Previous Owner $21,100 New Conventional
Previous Owner $189,900 New Conventional
Previous Owner $50,000 Construction
Previous Owner $145,000 New Conventional
Previous Owner $89,874 New Conventional
Previous Owner $143,450 New Conventional
Previous Owner $136,923 FHA
Previous Owner $111,500 Fannie Mae Freddie Mac
Previous Owner $114,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $220,000 -4.3% $144 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $229,900 +9.0% $151 / Sq Ft
07/22/2022 07/22/22 Sold $211,000 +8.3% $138 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $194,900 +12.7% $128 / Sq Ft
05/01/2020 05/01/20 Sold $173,000 +0.3% $113 / Sq Ft
03/23/2020 03/23/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $172,500 -- $113 / Sq Ft
Source: Iowa City 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 $3,780 $213,200 $37,100 $176,100
2022 $3,504 $188,100 $37,100 $151,000
2021 $3,090 $178,100 $33,600 $144,500
2020 $3,090 $148,600 $28,300 $120,300
2019 $2,958 $137,200 $28,300 $108,900
2018 $2,876 $137,200 $28,300 $108,900
2017 $2,784 $127,800 $28,300 $99,500
2016 $2,716 $127,800 $28,300 $99,500
2015 $2,816 $132,315 $28,280 $104,035
2014 $2,816 $132,315 $28,280 $104,035
2013 $2,756 $132,315 $28,280 $104,035
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202202357

Iowa City Area Association of REALTORS®

APN: 14314-28019-00000