NOT LISTED FOR SALE

2505 Illinois St SW Cedar Rapids, IA 52404

Estimated Value: $151,000 - $170,723

2 Beds
1 Bath
1,170 Sq Ft
$139/Sq Ft Est. Value

Last Sold May 30, 2022

Last sale price $161,000 $138 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,151/month

1 Day on Market

Highlights

  • Ranch Style House
  • Fireplace
  • Central Air

About This Home

As of May 2022

Please allow 48 hours for response time. All information per assessor and to be verified by buyer.

Last Agent to Sell the Property

Ellen Fowler

Pinnacle Realty LLC Listed on: 03/21/2022

Pinnacle Realty LLC

Co-Listed By

Steven Evans

Keller Williams Midwest Partners

Last Buyer's Agent

Noah Gloede

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,528

Year Built

  • 1953

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 1,170 Sq Ft Home
  • Fireplace
  • Basement
  • Block Basement Construction

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,528

Year Built

1953

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1700
  • Above Grade Finished Sq Ft: 1170
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Gross Tax: 2528
  • List User Cell Phone: 319-241-3324
  • Net Tax: 2340
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.11034
  • Ratio Close Price By Original Li: 1.11034
  • Ratio Current Price By Sq Ft: 137.61
  • Total Sq Ft: 1170
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1953

Interior Features

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

Garage/Parking

  • Garage/Parking: 1 Car
  • Garage Size: 31X24

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

  • Elementary School: Grant
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2024
Sold by
Slaymaker Meagan K and Slaymaker Maegan K
Bought by
Coon Oliver T
Total Days on Market
1
Current Estimated Value
$162,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Outstanding Balance
$26,902
Interest Rate
6.54%
Estimated Equity
$132,999

Purchase Details

Listed on
Mar 21, 2022
Closed on
May 24, 2022
Sold by
Roger Schutt Theodore
Bought by
Coon Oliver T and Slaymaker Meagan K
Seller's Agent
Ellen Fowler
Pinnacle Realty LLC
Buyer's Agent
Noah Gloede
RE/MAX CONCEPTS
List Price
$145,000
Sold Price
$161,000
Premium/Discount to List
$16,000
11.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.23%
Original Mortgage
$158,083
Interest Rate
5.25%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Coon Oliver T -- River Ridge Escrow
Coon Oliver T $161,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coon Oliver T $27,000
Open Coon Oliver T $144,000
Previous Owner Coon Oliver T $158,083
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2022 05/30/22 Sold $161,000 +11.0% $138 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $145,000 -- $124 / 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 $2,888 $140,700 $26,000 $114,700
2022 $2,258 $136,900 $22,800 $114,100
2021 $2,340 $121,400 $22,800 $98,600
2020 $2,340 $117,900 $19,500 $98,400
2019 $2,060 $107,300 $19,500 $87,800
2018 $1,996 $107,300 $19,500 $87,800
2017 $2,225 $105,500 $19,500 $86,000
2016 $2,225 $108,000 $19,500 $88,500
2015 $2,091 $101,634 $19,525 $82,109
2014 $1,906 $104,918 $19,525 $85,393
2013 $1,928 $104,918 $19,525 $85,393
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Ellen Fowler

    Pinnacle Realty LLC

    (319) 241-3324

    52 Total Sales

    Ellen Fowler
    Section Image

  • S

    Seller Co-Listing Agent in 2022

    Steven Evans

    Keller Williams Midwest Partners

  • N

    Buyer's Agent in 2022

    Noah Gloede

    RE/MAX

    (319) 450-5251

    141 Total Sales

    Noah Gloede
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2202676

Cedar Rapids Area Association of REALTORS®

APN: 14333-30025-00000

Iowa Linn County Cedar Rapids 52404

2505 Illinois St SW, Cedar Rapids, IA

This home is located at 2505 Illinois St SW, Cedar Rapids, IA 52404 since 21 March 2022 and is currently estimated at $162,931, approximately $139 per square foot. This property was built in 1953. 2505 Illinois St SW is a home located in Linn County with nearby schools including Wilson Middle School, Thomas Jefferson High School, and Trinity Lutheran School.

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