2505 M Ave NW Cedar Rapids, IA 52405
Estimated Value: $206,000 - $227,697
4
Beds
1.5
Baths
1,447
Sq Ft
$150/Sq Ft
Est. Value
Highlights
- Deck
- Main Floor Primary Bedroom
- Forced Air Cooling System
- John F. Kennedy High School Rated A-
- 2 Car Attached Garage
- Living Room
About This Home
As of January 2021HANDYMAN SPECIAL! Looking for a home with instant equity that you can only add to? Then this home is a Christmas treat for you! Large living room perfect for enjoying the holidays. All major mechanicals have been replaced. New AC, new furnace, new retaining wall, new bathroom, new vanities, & tiled shower. Kitchen features newer cabinets & newer appliances. Master suite on main level with half bath. Lower level features 1 bedroom. Several layers of decking in the fenced-in backyard make this the perfect home for outdoor entertaining! Strong rental history. Home being sold as-is. Buyer to verify schools.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,306
Year Built
- 1974
Lot Details
- 0.28 Acre Lot
- Fenced
Home Design
- Split Foyer
- Brick Exterior Construction
- Frame Construction
- Vinyl Construction Material
Interior Spaces
- Living Room
- Combination Kitchen and Dining Room
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom on Main
Parking
- 2 Car Attached Garage
- Tuck Under Parking
Outdoor Features
- Deck
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
- Gas Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 21, 2020
Closed on
Jan 20, 2021
Sold by
Sperhomes Llc Series 5
Bought by
Fischer Alicia Marie
Seller's Agent
Gwen Johnson
SKOGMAN REALTY
Buyer's Agent
Jeremy Trenkamp
COLDWELL BANKER HEDGES CORRIDOR
List Price
$160,000
Sold Price
$162,000
Premium/Discount to List
$2,000
1.25%
Total Days on Market
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,674
Avg. Annual Appreciation
6.86%
Original Mortgage
$157,140
Outstanding Balance
$142,028
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$74,646
Purchase Details
Closed on
Sep 3, 2018
Sold by
Spear Adam and Spear Adam C
Bought by
Spearhomes Llc Series 5
Purchase Details
Listed on
Nov 6, 2017
Closed on
May 16, 2018
Sold by
Bayview Loan Servicing Llc
Bought by
Spear Adam
Seller's Agent
KATHY EIGHME
FUSION REALTORS
Buyer's Agent
Jaime Hymer
Pinnacle Realty LLC
List Price
$89,900
Sold Price
$65,000
Premium/Discount to List
-$24,900
-27.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.71%
Original Mortgage
$138,600
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jul 11, 2017
Sold by
Payne Phyllis A and Payne Anthony L
Bought by
Bayview Loan Servicing Llc
Purchase Details
Closed on
Jun 5, 2009
Sold by
Payne Anthony L and Payne Phyllis A
Bought by
Payne Phyllis A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,826
Interest Rate
4.9%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 30, 2006
Sold by
Jones Jeremy L
Bought by
Payne Anthony L and Payne Phyllis A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.68%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 25, 2003
Sold by
Jones Chad E
Bought by
Jones Jeremy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
5.87%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 22, 2003
Sold by
Allie Thomas K
Bought by
Jones Chad E and Jones Jeremy L
Purchase Details
Closed on
Jan 1, 1999
Sold by
Allie Thomas K and Allie Kathleen A
Bought by
Jones Chad E and Jones Jeremy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 9, 1998
Sold by
Pyan James A and Pyan Kimberly J
Bought by
Allie Thomas K and Allie Kathleen A
Similar Homes in Cedar Rapids, IA
-
$234,900
- 4 Beds
- 2 Baths
- 1,433 Sq Ft
- 327 Hampden Dr NE
- Cedar Rapids, IA
Retro!! One owner meticulously taken care of adorable home with 3 Bed/1Bath Main, oak flooring (always covered with carpet just removed carpet!), one additional non-conforming bed LL with retro electric fireplace (that works!!), toilet/shower/sink, and great rec room!! Maintenance free exterior, 4 yr old roof (one layer), High efficiency furnace (programmable thermostat). Central Air/Humidifier
Cat Brown Move In-Out Real Estate
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fischer Alicia Marie | $162,000 | None Available | |
| Spearhomes Llc Series 5 | -- | None Available | |
| Spear Adam | $65,000 | None Available | |
| Bayview Loan Servicing Llc | $94,300 | None Available | |
| Payne Phyllis A | -- | Security First Title Co | |
| Payne Anthony L | $164,500 | None Available | |
| Jones Jeremy L | -- | -- | |
| Jones Chad E | $103,500 | -- | |
| Jones Chad E | $104,000 | -- | |
| Allie Thomas K | $95,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fischer Alicia Marie | $157,140 | |
| Previous Owner | Spear Adam | $138,600 | |
| Previous Owner | Payne Phyllis A | $149,826 | |
| Previous Owner | Payne Anthony Ladon | $60,221 | |
| Previous Owner | Payne Anthony L | $65,000 | |
| Previous Owner | Jones Jeremy L | $98,000 | |
| Previous Owner | Jones Chad E | $94,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/25/2021 01/25/21 | Sold | $162,000 | +1.3% | $112 / Sq Ft |
| 01/05/2021 01/05/21 | Pending | -- | -- | -- |
| 12/21/2020 12/21/20 | For Sale | $160,000 | +146.2% | $111 / Sq Ft |
| 06/06/2018 06/06/18 | Sold | $65,000 | -27.7% | $46 / Sq Ft |
| 05/10/2018 05/10/18 | Pending | -- | -- | -- |
| 04/30/2018 04/30/18 | Price Changed | $89,900 | 0.0% | $63 / Sq Ft |
| 04/30/2018 04/30/18 | For Sale | $89,900 | +38.3% | $63 / Sq Ft |
| 11/16/2017 11/16/17 | Off Market | $65,000 | -- | -- |
| 11/16/2017 11/16/17 | Pending | -- | -- | -- |
| 11/09/2017 11/09/17 | Price Changed | $95,900 | -8.6% | $67 / Sq Ft |
| 11/06/2017 11/06/17 | For Sale | $104,900 | -- | $73 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 | $4,256 | $222,300 | $37,000 | $185,300 |
| 2022 | $3,744 | $201,800 | $37,000 | $164,800 |
| 2021 | $3,866 | $180,700 | $33,400 | $147,300 |
| 2020 | $3,866 | $175,200 | $33,400 | $141,800 |
| 2019 | $2,678 | $153,900 | $28,200 | $125,700 |
| 2018 | $2,996 | $124,200 | $28,200 | $96,000 |
| 2017 | $2,996 | $151,200 | $28,200 | $123,000 |
| 2016 | $3,213 | $151,200 | $28,200 | $123,000 |
| 2015 | $3,179 | $149,433 | $28,159 | $121,274 |
| 2014 | $2,994 | $149,433 | $28,159 | $121,274 |
| 2013 | $2,926 | $149,433 | $28,159 | $121,274 |
Source: Public Records
Agents Affiliated with this Home
-
Gwen Johnson
Seller's Agent in 2021
Gwen Johnson
SKOGMAN REALTY
(319) 631-4936
634 Total Sales
-
Courtney Blair
Seller Co-Listing Agent in 2021
Courtney Blair
SKOGMAN REALTY CORRIDOR
(319) 551-1825
134 Total Sales
-
Jeremy Trenkamp
Buyer's Agent in 2021
Jeremy Trenkamp
COLDWELL BANKER HEDGES CORRIDOR
(319) 270-1323
828 Total Sales
-
K
Seller's Agent in 2018
KATHY EIGHME
FUSION REALTORS
(319) 231-6980
-
Jaime Hymer
Buyer's Agent in 2018
Jaime Hymer
Pinnacle Realty LLC
(319) 440-7245
302 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2009146
APN: 14191-52030-00000
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.
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
- 2536 N Ave NW
- 1418 26th St NW
- 1206 26th St NW
- 2630 Westwood Dr NW
- 1724 Hamer Dr NW
- 0 O Ave NW
- 1042 Arthur Dr NW
- 2623 Iris Ave NW
- 1721 Woodside Ct NW
- 1750 Woodside Ct NW
- 1024 18th St NW
- 1119 Cheyenne Rd NW
- 1721 Hidden Hollow Ln NW
- 615 27th St NW
- 327* Edgewood Rd NW
- 0 21st St NW
- 3506 Olde Hickory Ln
- 3512 Olde Hickory Ln
- 1860 E Ave NW
- 2048 20th St NW
- 2505 M Ave NW
- 2513 M Ave NW
- 1403 25th St NW
- 2538 L Ave NW
- 2532 L Ave NW
- 2521 M Ave NW
- 1410 25th St NW
- 1409 25th St NW
- 2546 L Ave NW
- 1416 25th St NW
- 2520 M Ave NW
- 2526 L Ave NW
- 2554 L Ave NW
- 1358 Highwood Dr NW
- 1352 Highwood Dr NW
- 2537 L Ave NW
- 1364 Highwood Dr NW
- 1430 25th St NW
- 2555 M Ave NW
- 2528 M Ave NW