NOT LISTED FOR SALE

2505 K Ave NW Cedar Rapids, IA 52405

Estimated Value: $392,947 - $439,000

5 Beds
3 Baths
2,981 Sq Ft
$138/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $355,900 $119 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,691/month

9 Days on Market

Highlights

  • Deck
  • Great Room with Fireplace
  • Ranch Style House
  • John F. Kennedy High School Rated A-
  • Wooded Lot
  • Hydromassage or Jetted Bathtub

About This Home

As of June 2022

An ideal setting and a stunning departure from the ordinary property with a wooded lot. The park like setting gives you the freedom to have space yet so close to parks, shopping, schools, and downtown. Just over 3,000 finished square feet ranch home with an open main level floor plan. Amenities include a gorgeous kitchen with custom cabinets island area with bar seating a separate living room with fireplace and plenty of natural light. The main bedroom offers a french door going out to your private deck for your morning coffee, a large walk in closet and bathroom suite with Jacuzzi tub and double sink vanity. The lower level is massive and has been completely updated!! with 2 more bedrooms a gorgeous bar area and a special area for quiet reading. Tons of storage space as well. 3 STALL HEATED garage, and CENTRAL VAC!! The lot next door is still owned by the builder. As of right now it continues to just be a wooded lot.

Last Agent to Sell the Property

Brad Oppedahl

SKOGMAN REALTY Listed on: 05/20/2022

SKOGMAN REALTY

Last Buyer's Agent

Gwen Johnson

SKOGMAN REALTY

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,180

Year Built

  • 2005

Lot Details

  • 1,089 Sq Ft Lot
  • Lot Dimensions are 80 x 180
  • Wooded Lot

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • Central Vacuum
  • Gas Fireplace
  • Great Room with Fireplace
  • Family Room
  • Living Room with Fireplace
  • Basement

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Built by Sattler

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,180

Year Built

2005

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.0250
  • Above Grade Finished Sq Ft: 1981
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar
  • Gross Tax: 6180
  • List User Cell Phone: 319-360-2181
  • Low Lvl Fin Sq Ft: 1000
  • Miscellaneous: Cable Ready, Deck, Jetted Tub
  • Net Tax: 6180
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96215
  • Ratio Close Price By Original Li: 0.96215
  • Ratio Current Price By Sq Ft: 179.66
  • Total Sq Ft: 2981
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Appliances Included: Central Vac, Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, 1st Floor Laundry, Great Room, Living Room
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 3
  • Fireplace Features: Gas, Great Room, Living Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 10
  • Site Description: Wooded

Exterior Features

  • Construction Methods: Frame

Garage/Parking

  • Garage/Parking: 3 Cars, Attached
  • Garage Size: 3 CAR

Utilities

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

Schools

  • Elementary School: Madison
  • Middle School: Roosevelt
  • High School: Kennedy

Lot Info

  • Lot Size: 80 x 180

Building Info

  • Builder Name: Sattler

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 17, 2022
Sold by
Matthew C And Brenda S Myers Trust
Bought by
Ingram Colleen Kay
Seller's Agent
Brad Oppedahl
SKOGMAN REALTY
Buyer's Agent
Gwen Johnson
SKOGMAN REALTY
List Price
$369,900
Sold Price
$355,900
Premium/Discount to List
-$14,000
-3.78%
Current Estimated Value
$412,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,337
Avg. Annual Appreciation
4.60%
Original Mortgage
$243,600
Outstanding Balance
$231,847
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$180,390

Purchase Details

Closed on
Feb 18, 2022
Sold by
Myers Matthew C and Myers Brenda S
Bought by
Matthew C And Brenda S Myers Trust and Matthew Brenda T

Purchase Details

Listed on
May 23, 2016
Closed on
Sep 8, 2016
Sold by
Elbert Lawrence Donald
Bought by
Myers Matthew C and Myers Brenda S
Seller's Agent
Rachael Ray
SKOGMAN REALTY
Buyer's Agent
Brad Oppedahl
SKOGMAN REALTY
List Price
$315,000
Sold Price
$289,000
Premium/Discount to List
-$26,000
-8.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$173,400
Interest Rate
2.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2006
Sold by
Peterson Investments Ltd
Bought by
Elbert Lawrence D and Elbert Carrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 8, 2005
Sold by
Sattler Family Real Estate Llc
Bought by
Peterson Investments Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.98%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Ingram Colleen Kay $356,000 None Listed On Document
Matthew C And Brenda S Myers Trust $1,000 Shuttleworth & Ingersoll Plc
Myers Matthew C -- None Available
Elbert Lawrence D $343,000 None Available
Peterson Investments Ltd $41,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ingram Colleen Kay $243,600
Previous Owner Myers Matthew C $173,400
Previous Owner Elbert Lawrence D $274,500
Previous Owner Peterson Investments Ltd $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $355,900 +0.3% $119 / Sq Ft
06/23/2022 06/23/22 Sold $355,000 -4.0% $115 / Sq Ft
05/29/2022 05/29/22 Pending -- -- --
05/20/2022 05/20/22 Price Changed $369,900 0.0% $120 / Sq Ft
05/20/2022 05/20/22 For Sale $369,900 -7.5% $124 / Sq Ft
05/03/2022 05/03/22 Price Changed $399,900 -4.8% $130 / Sq Ft
04/12/2022 04/12/22 For Sale $419,900 +45.3% $136 / Sq Ft
09/15/2016 09/15/16 Sold $289,000 -8.3% $94 / Sq Ft
08/07/2016 08/07/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $315,000 -- $102 / 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 $6,066 $357,900 $55,600 $302,300
2024 $6,156 $360,200 $49,500 $310,700
2023 $6,156 $360,200 $49,500 $310,700
2022 $6,046 $291,900 $45,300 $246,600
2021 $6,358 $291,900 $45,300 $246,600
2020 $6,358 $288,200 $49,500 $238,700
2019 $6,314 $292,900 $33,000 $259,900
2018 $6,140 $292,900 $33,000 $259,900
2017 $6,307 $324,000 $33,000 $291,000
2016 $6,307 $296,700 $33,000 $263,700
2015 $6,122 $287,883 $32,967 $254,916
2014 $5,940 $287,883 $32,967 $254,916
2013 $5,808 $287,883 $32,967 $254,916
Source: Public Records

Agents Affiliated with this Home

  • Brad Oppedahl

    Seller's Agent in 2022

    Brad Oppedahl

    SKOGMAN REALTY

    (319) 360-2181

    96 Total Sales

    Brad Oppedahl
    Section Image
  • Gwen Johnson

    Buyer's Agent in 2022

    Gwen Johnson

    SKOGMAN REALTY

    (319) 631-4936

    580 Total Sales

    Gwen Johnson
    Section Image
  • Rachael Ray

    Seller's Agent in 2016

    Rachael Ray

    SKOGMAN REALTY

    (319) 270-3104

    187 Total Sales

    Rachael Ray
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2204472

Cedar Rapids Area Association of REALTORS®

APN: 14191-52045-00000

Iowa Linn County Cedar Rapids 52405

2505 K Ave NW, Cedar Rapids, IA

This home is located at 2505 K Ave NW, Cedar Rapids, IA 52405 since 20 May 2022 and is currently estimated at $412,237, approximately $138 per square foot. This property was built in 2005. 2505 K Ave NW is a home located in Linn County with nearby schools including Madison Elementary School, Roosevelt Creative Corridor Business Academy, and John F. Kennedy 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.

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