2505 M Ave NW Cedar Rapids, IA 52405
3
Beds
1.5
Baths
1,428
Sq Ft
0.28
Acres
Highlights
- Deck
- Recreation Room
- Fireplace
- John F. Kennedy High School Rated A-
- Main Floor Primary Bedroom
- 2 Car Attached Garage
About This Home
As of January 2021Investor Alert! Great potential in this home! The Dining/sitting area has a great gas fire place. Out the back there is a large deck with built in area for a large pool.
Last Agent to Sell the Property
KATHY EIGHME
FUSION REALTORS Listed on: 11/06/2017
Home Details
Home Type
- Single Family
Year Built
- 1974
Lot Details
- 0.28 Acre Lot
- Fenced
Parking
- 2 Car Attached Garage
Home Design
- Split Foyer
- Frame Construction
- Vinyl Construction Material
Interior Spaces
- Fireplace
- Family Room
- Combination Kitchen and Dining Room
- Recreation Room
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
Outdoor Features
- Deck
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,381
Avg. Annual Appreciation
6.94%
Original Mortgage
$157,140
Outstanding Balance
$142,028
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$77,353
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
18.52%
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
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $162,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | $65,000 | None Available | |
| Sheriffs Deed | $94,300 | None Available | |
| Interfamily Deed Transfer | -- | Security First Title Co | |
| Warranty Deed | $164,500 | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $103,500 | -- | |
| Contract Of Sale | $104,000 | -- | |
| Warranty Deed | $95,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $157,140 | New Conventional | |
| Previous Owner | $138,600 | Credit Line Revolving | |
| Previous Owner | $149,826 | FHA | |
| Previous Owner | $60,221 | Credit Line Revolving | |
| Previous Owner | $65,000 | Unknown | |
| Previous Owner | $98,000 | Unknown | |
| Previous Owner | $94,000 | Purchase Money Mortgage |
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
-
Seller's Agent in 2021
Gwen Johnson
SKOGMAN REALTY
(319) 631-4936
603 Total Sales
-
Seller Co-Listing Agent in 2021
Courtney Blair
SKOGMAN REALTY CORRIDOR
(319) 551-1825
135 Total Sales
-
Buyer's Agent in 2021
Jeremy Trenkamp
Realty87
(319) 270-1323
834 Total Sales
-
K
Seller's Agent in 2018
KATHY EIGHME
FUSION REALTORS
-
Buyer's Agent in 2018
Jaime Hymer
Pinnacle Realty LLC
(319) 440-7245
300 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1709759
APN: 14191-52030-00000
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