$355,000
SOLD JUN 23, 2022

2505 K Ave NW Cedar Rapids, IA 52405

5 Beds
3 Baths
3,081 Sq Ft
871 Sq Ft Lot

Recently Sold

$115 Per Sq Ft

15% Below List Price

34 Days on Market

Highlights

  • Deck
  • Living Room with Fireplace
  • Vaulted Ceiling
  • John F. Kennedy High School Rated A-
  • Wooded Lot
  • Main Floor Primary Bedroom

About This Home

As of June 2022

New Listing

Last Agent to Sell the Property

Brad Oppedahl

Skogman Realty Co. Listed on: 04/12/2022

Skogman Realty Co.

Last Buyer's Agent

Gwen Johnson

Skogman Realty Co.

Skogman Realty Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,156

Year Built

  • Built in 2005

Lot Details

  • Wooded Lot
  • Garden

Parking

  • 3 Parking Spaces

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • Bookcases
  • Tray Ceiling
  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room
  • Family Room Downstairs
  • Living Room with Fireplace
  • 2 Fireplaces
  • L-Shaped Dining Room
  • Formal Dining Room
  • Bonus Room
  • Home Gym

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Deck

Schools

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

Utilities

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

Community Details

  • Built by Sattler
  • Hickory Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 141915204500000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,156

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 3081
  • Homebuilder: Sattler
  • Owner Name L F Mi: Myers Trust
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Year Built: 2005
  • Tax Year Report: 2021
  • Subdivision: Hickory Ridge
  • Directions: Edgewood Rd NW to O Ave NW to 26th St to K Ave NW
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Street Lights
  • Basement Remarks: Poured Concrete, Finished, Full, Daylight Windows
  • Fireplace Type Location: In Living Room, In LL, Gas
  • Interior R: Bookcases, Cable Available, Ceiling-9+ ft, Ceilings-Trey, Vaulted Ceiling
  • Kitchen Breakfast R: Breakfast Bar, Island
  • Lot Description R: Less than .5 Acre, Wooded
  • Possession R: Immediate
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2661
  • Remarks2: New Listing
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Lower: 2
  • Number Bedrooms Main: 3
  • Sq Ft Above: 1981
  • Total Full Baths: 3
  • Bedrooms: 5
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 1100
  • Laundry Location: Laundry Room, 1st Floor
  • Mstr Br Level: Main
  • Number of Fireplaces: 2
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck, Garden Area

Garage/Parking

  • Parking Spaces: 3 Cars

Utilities

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

Condo/Co-op/Association

  • Association Fee: 000

Schools

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

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: Irregular
  • Zoning: R

Tax Info

  • Gross Tax County City: 6180
  • Assessor Parcel Number: 141915204500000

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
$396,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,462
Avg. Annual Appreciation
3.21%
Original Mortgage
$243,600
Outstanding Balance
$233,469
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$159,122

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
3.51%
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

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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 $356,000 None Listed On Document
Quit Claim Deed $1,000 Shuttleworth & Ingersoll Plc
Warranty Deed -- None Available
Corporate Deed $343,000 None Available
Warranty Deed $41,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 Credit Line Revolving
Open $243,600 New Conventional
Previous Owner $173,400 New Conventional
Previous Owner $225,000 New Conventional
Previous Owner $2,850,000 New Conventional
Previous Owner $274,500 Fannie Mae Freddie Mac
Previous Owner $34,300 Unknown
Previous Owner $250,000 Unknown
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: 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 $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

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202202142

Iowa City Area Association of REALTORS®

APN: 14191-52045-00000