NOT LISTED FOR SALE

2505 M Ave NW Cedar Rapids, IA 52405

Estimated Value: $225,000 - $242,233

4 Beds
1.5 Baths
1,447 Sq Ft
$162/Sq Ft Est. Value

Last Sold January 25, 2021

Last sale price $162,000 $112 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,568/month

15 Days on Market

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 2021

HANDYMAN 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.

Last Agent to Sell the Property

Gwen Johnson

SKOGMAN REALTY Listed on: 12/21/2020

SKOGMAN REALTY

Co-Listed By

Courtney Blair

SKOGMAN REALTY CORRIDOR

Last Buyer's Agent

Jeremy Trenkamp

Realty87

Realty87

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,306

Year Built

1974

Lot Details

0

Listing Details

  • Style: Split Foyer
  • Acres: 0.2750
  • Above Grade Finished Sq Ft: 1220
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 1.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 3306
  • List User Cell Phone: 319-631-4936
  • Low Lvl Fin Sq Ft: 227
  • Miscellaneous: Deck, Fencing
  • Net Tax: 3306
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.01250
  • Ratio Close Price By Original Li: 1.01250
  • Ratio Current Price By Sq Ft: 132.79
  • Total Sq Ft: 1447
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: Living Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Brick, Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached, Drive Under

Utilities

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

Schools

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

Lot Info

  • Lot Size: Irreg

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
Realty87
List Price
$160,000
Sold Price
$162,000
Premium/Discount to List
$2,000
1.25%
Current Estimated Value
$233,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,808
Avg. Annual Appreciation
8.16%
Original Mortgage
$157,140
Outstanding Balance
$140,100
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$93,708

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
19.11%

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

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
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
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 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

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 $3,934 $253,700 $42,200 $211,500
2024 $4,256 $231,600 $42,200 $189,400
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

    580 Total Sales

    Gwen Johnson
    Section Image
  • Courtney Blair

    Seller Co-Listing Agent in 2021

    Courtney Blair

    SKOGMAN REALTY CORRIDOR

    (319) 551-1825

    130 Total Sales

    Courtney Blair
    Section Image
  • Jeremy Trenkamp

    Buyer's Agent in 2021

    Jeremy Trenkamp

    Realty87

    (319) 270-1323

    830 Total Sales

    Jeremy Trenkamp
    Section Image

  • K

    Seller's Agent in 2018

    KATHY EIGHME

    FUSION REALTORS

    Section Image
  • Jaime Hymer

    Buyer's Agent in 2018

    Jaime Hymer

    Pinnacle Realty LLC

    (319) 440-7245

    298 Total Sales

    Jaime Hymer
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2009146

Cedar Rapids Area Association of REALTORS®

APN: 14191-52030-00000

Iowa Linn County Cedar Rapids 52405

2505 M Ave NW, Cedar Rapids, IA

This home is located at 2505 M Ave NW, Cedar Rapids, IA 52405 since 21 December 2020 and is currently estimated at $233,808, approximately $161 per square foot. This property was built in 1974. 2505 M 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.

Nearby Homes