NOT LISTED FOR SALE

2505 Novak Ct SW Cedar Rapids, IA 52404

Southwest Area Neighborhood

Estimated Value: $228,000 - $249,000

3 Beds
3 Baths
1,354 Sq Ft
$177/Sq Ft Est. Value

About This Home

This home is located at 2505 Novak Ct SW, Cedar Rapids, IA 52404 and is currently estimated at $239,999, approximately $177 per square foot. 2505 Novak Ct SW is a home located in Linn County with nearby schools including Junction City Elementary School, Grant Elementary School, and Bruce Hall Day Treatment Center.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2024
Sold by
Stary Barbara A
Bought by
Lodge Melody S
Current Estimated Value
$239,999

Purchase Details

Closed on
May 27, 2005
Sold by
Perry Craig A and Perry Talli P
Bought by
Lodge Melody S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.07%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 7, 2003
Sold by
Jerrys Homes Inc
Bought by
Perry Craig A and Perry Talli P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,040
Interest Rate
5.87%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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.

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First American

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Quantarium

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Average Value
Not Available
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
Lodge Melody S -- None Listed On Document
Lodge Melody S $161,500 --
Perry Craig A $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lodge Melody S $122,000
Previous Owner Perry Craig A $120,040
Source: Public Records

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 $3,374 $204,300 $42,600 $161,700
2024 $3,696 $208,800 $42,600 $166,200
2023 $3,696 $201,100 $42,600 $158,500
2022 $3,628 $184,100 $34,500 $149,600
2021 $3,838 $184,100 $34,500 $149,600
2020 $3,838 $182,500 $32,400 $150,100
2019 $3,278 $160,600 $32,400 $128,200
2018 $3,184 $160,600 $32,400 $128,200
2017 $3,283 $158,400 $32,400 $126,000
2016 $3,283 $154,500 $32,400 $122,100
2015 $3,323 $156,168 $32,438 $123,730
2014 $3,138 $160,160 $32,438 $127,722
2013 $3,150 $160,160 $32,438 $127,722
Source: Public Records

Map

Iowa Linn County Cedar Rapids 52404 Southwest Area

2505 Novak Ct SW, Cedar Rapids, IA

Not Listed for Sale

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