NOT LISTED FOR SALE

2506 1st Ave NE Cedar Rapids, IA 52402

Estimated Value: $110,000 - $160,599

3 Beds
1 Bath
1,248 Sq Ft
$110/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $55,000 $44 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $861/month

Highlights

  • Deck
  • 1 Car Detached Garage
  • Forced Air Cooling System
  • Formal Dining Room

About This Home

As of July 2014

This home is located at 2506 1st Ave NE, Cedar Rapids, IA 52402 since 08 July 2014 and is currently estimated at $137,400, approximately $110 per square foot. This property was built in 1912. 2506 1st Ave NE is a home located in Linn County with nearby schools including Arthur Elementary School, Franklin Middle School, and George Washington High School.

Last Agent to Sell the Property

Kelly Bemus

SKOGMAN REALTY Listed on: 07/08/2014

SKOGMAN REALTY

Last Buyer's Agent

Gwen Johnson

SKOGMAN REALTY

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Year Built

  • 1912

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 1,248 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Lot Dimensions are 40 x 152

Home Details

Home Type

Single Family

Year Built

1912

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1248
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 1716
  • List User Cell Phone: 319-360-0707
  • Miscellaneous: Deck
  • Net Tax: 1716
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 44.07
  • Total Sq Ft: 1248
  • Tax Roll Number: 141425202700000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1912

Interior Features

  • Appliances Included: Water Heater – Gas
  • Basement: Block
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 2: 3
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 6

Exterior Features

  • Construction Methods: Frame
  • Exterior: Steel

Garage/Parking

  • Garage/Parking: 1 Car, Detached
  • Garage Size: 396

Utilities

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

Schools

  • Elementary School: Arthur
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: 40 X 152

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2022
Sold by
Federspiel Properties Llc
Bought by
Better Rentals By Connerley Llc
Current Estimated Value
$137,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Outstanding Balance
$61,289
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$76,111

Purchase Details

Closed on
Sep 10, 2020
Sold by
Bryce Sagner
Bought by
Federspiel Properties Llc

Purchase Details

Listed on
Jul 8, 2014
Closed on
Jul 28, 2014
Sold by
K M M Llc
Bought by
Federspiel Properties Llc
Seller's Agent
Kelly Bemus
SKOGMAN REALTY
Buyer's Agent
Gwen Johnson
SKOGMAN REALTY
List Price
$55,000
Sold Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$41,250
Interest Rate
4.19%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Better Rentals By Connerley Llc $675,000 --
Federspiel Properties Llc -- Estlund Tim A
Federspiel Properties Llc $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Better Rentals By Connerley Llc $64,000
Previous Owner Federspiel Properties Llc $41,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2014 07/31/14 Sold $55,000 0.0% $44 / Sq Ft
07/08/2014 07/08/14 Pending -- -- --
07/08/2014 07/08/14 For Sale $55,000 -- $44 / 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 $1,594 $99,000 $29,600 $69,400
2024 $1,822 $90,100 $27,500 $62,600
2023 $1,822 $90,100 $27,500 $62,600
2022 $1,740 $86,400 $24,500 $61,900
2021 $1,726 $84,000 $24,500 $59,500
2020 $1,726 $78,200 $20,400 $57,800
2019 $1,634 $75,800 $20,400 $55,400
2018 $1,588 $75,800 $20,400 $55,400
2017 $1,566 $71,900 $20,400 $51,500
2016 $1,444 $67,900 $20,400 $47,500
2015 $1,670 $78,529 $22,440 $56,089
2014 $1,670 $81,797 $22,440 $59,357
2013 $1,704 $81,797 $22,440 $59,357
Source: Public Records

Agents Affiliated with this Home

  • Kelly Bemus

    Seller's Agent in 2014

    Kelly Bemus

    SKOGMAN REALTY

    (319) 360-0707

    118 Total Sales

    Kelly Bemus
    Section Image
  • Gwen Johnson

    Buyer's Agent in 2014

    Gwen Johnson

    SKOGMAN REALTY

    (319) 631-4936

    581 Total Sales

    Gwen Johnson
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1404749

Cedar Rapids Area Association of REALTORS®

APN: 14142-52027-00000

Iowa Linn County Cedar Rapids 52402

2506 1st Ave NE, Cedar Rapids, IA

This home is located at 2506 1st Ave NE, Cedar Rapids, IA 52402 since 08 July 2014 and is currently estimated at $137,400, approximately $110 per square foot. This property was built in 1912. 2506 1st Ave NE is a home located in Linn County with nearby schools including Arthur Elementary School, Franklin Middle School, and George Washington 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.

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