NOT LISTED FOR SALE

2504 Franklin Ave NE Cedar Rapids, IA 52402

Estimated Value: $203,000 - $225,130

5 Beds
3 Baths
2,364 Sq Ft
$90/Sq Ft Est. Value

Last Sold April 17, 2024

Last sale price $203,000 $86 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,403/month

22 Days on Market

Highlights

  • Deck
  • Forced Air Cooling System
  • Family Room
  • 2 Car Detached Garage
  • Combination Kitchen and Dining Room
  • Fenced

About This Home

As of April 2024

This NE side charmer features five spacious bedrooms and three baths. The kitchen is open to a large dining room and the main level family room is close by for entertaining. The primary suite has sliding glass doors and a balcony. The basement basically has an apartment! Tons of great space in this classic neighborhood. Hard to beat the location of this property, which is just minutes from 380, downtown, schools, walking trails, and stores. There just isn't much out there like this one, make it yours. Metal roof, A/C, and furnace are all new within the last two years.

Last Agent to Sell the Property

Jeritt Rouse

Keller Williams Legacy Group Listed on: 03/08/2024

Keller Williams Legacy Group

Last Buyer's Agent

Wayne Kreutner

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,384

Year Built

  • 1949

Lot Details

  • 8,407 Sq Ft Lot
  • Lot Dimensions are 60x140
  • Fenced

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Family Room
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House
  • Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,384

Year Built

1949

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.1930
  • Above Grade Finished Sq Ft: 1944
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 3384
  • List User Cell Phone: 319-981-3502
  • Low Lvl Fin Sq Ft: 420
  • Miscellaneous: Cable Ready, Deck, Fencing
  • Net Tax: 3384
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.94419
  • Ratio Close Price By Original Li: 0.90222
  • Ratio Current Price By Sq Ft: 104.42
  • Total Sq Ft: 2364
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1949

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator
  • Additional Room: 1st Floor Family
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 3
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached

Utilities

  • Heating Cooling: Central Air, Forced Air, Garage Heater/Furnace, Gas Heat

Schools

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

Lot Info

  • Lot Size: 60x140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Apr 17, 2024
Sold by
Brummer Jacob N
Bought by
Pierson Jerome
Seller's Agent
Jeritt Rouse
Keller Williams Legacy Group
Buyer's Agent
Wayne Kreutner
RE/MAX CONCEPTS
List Price
$225,000
Sold Price
$203,000
Premium/Discount to List
-$22,000
-9.78%
Views
115
Current Estimated Value
$213,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,283
Avg. Annual Appreciation
3.47%

Purchase Details

Listed on
Jan 13, 2020
Closed on
Feb 28, 2020
Sold by
Mcdonald Johanna N and Mcdonald Christopher M
Bought by
Brummer Jacob N
Seller's Agent
Beth Mackey
Realty87
Buyer's Agent
Molly Kintzle
Pinnacle Realty LLC
List Price
$165,000
Sold Price
$159,000
Premium/Discount to List
-$6,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%
Original Mortgage
$156,120
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 2015
Sold by
Palmer Anita E
Bought by
Mcdonald Johanna N and Mcdonald Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,870
Interest Rate
0.78%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 29, 2009
Sold by
Kuhn Marlene Mildred and Kuhn Andrew J
Bought by
Palmer Robert P and Palmer Anita E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,300
Interest Rate
4.84%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pierson Jerome $203,000 None Listed On Document
Brummer Jacob N $159,000 None Available
Mcdonald Johanna N $141,000 None Available
Palmer Robert P $136,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brummer Jacob N $156,120
Previous Owner Mcdonald Johanna N $9,870
Previous Owner Palmer Robert P $123,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2024 04/17/24 Sold $203,000 -5.6% $86 / Sq Ft
03/30/2024 03/30/24 Pending -- -- --
03/25/2024 03/25/24 Price Changed $215,000 -2.3% $91 / Sq Ft
03/19/2024 03/19/24 Price Changed $220,000 0.0% $93 / Sq Ft
03/18/2024 03/18/24 Price Changed $220,000 -2.2% $93 / Sq Ft
03/08/2024 03/08/24 For Sale $225,000 +41.5% $95 / Sq Ft
03/02/2020 03/02/20 Sold $159,000 -3.6% $71 / Sq Ft
02/06/2020 02/06/20 Pending -- -- --
02/01/2020 02/01/20 For Sale $165,000 0.0% $74 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $165,000 -- $74 / 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
2025 $3,268 $200,600 $37,500 $163,100
2024 $3,384 $197,700 $34,500 $163,200
2023 $3,384 $184,700 $34,500 $150,200
2022 $3,316 $160,400 $28,500 $131,900
2021 $3,586 $160,100 $28,500 $131,600
2020 $3,586 $162,500 $25,500 $137,000
2019 $3,346 $155,200 $25,500 $129,700
2018 $3,252 $155,200 $25,500 $129,700
2017 $3,336 $153,200 $25,500 $127,700
2016 $3,237 $152,300 $24,000 $128,300
2015 $3,247 $152,562 $24,000 $128,562
2014 $3,062 $152,562 $24,000 $128,562
2013 $2,992 $152,562 $24,000 $128,562
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jeritt Rouse

    Keller Williams Legacy Group

    (319) 981-3502

    13 Total Sales

    Jeritt Rouse
    Section Image
  • Wayne Kreutner

    Buyer's Agent in 2024

    Wayne Kreutner

    RE/MAX

    (319) 270-8262

    28 Total Sales

    Wayne Kreutner
    Section Image

  • B

    Seller's Agent in 2020

    Beth Mackey

    Realty87

    Section Image

  • M

    Buyer's Agent in 2020

    Molly Kintzle

    Pinnacle Realty LLC

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2401535

Cedar Rapids Area Association of REALTORS®

APN: 14151-08009-00000

Iowa Linn County Cedar Rapids 52402

2504 Franklin Ave NE, Cedar Rapids, IA

This home is located at 2504 Franklin Ave NE, Cedar Rapids, IA 52402 since 08 March 2024 and is currently estimated at $213,283, approximately $90 per square foot. This property was built in 1949. 2504 Franklin Ave NE is a home located in Linn County with nearby schools including Arthur Elementary School, Franklin Middle School, and George Washington High School.

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.

Cedar Rapids Area Association of REALTORS® 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