NOT LISTED FOR SALE

2520 Illinois St SW Cedar Rapids, IA 52404

Estimated Value: $138,000 - $158,000

3 Beds
1 Bath
894 Sq Ft
$168/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $137,500 $154 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $981/month

3 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Patio
  • 3 Car Detached Garage
  • Forced Air Cooling System
  • Family Room

About This Home

As of November 2023

Discover this cozy 3 bedroom, 1 bathroom ranch slab with refreshed paint and updated flooring, along with newer kitchen appliances. The backyard is a delightful oasis, offering a pleasant outdoor space to enjoy. Plus, enjoy the convenience of not one but two detached garages, featuring a 2-stall and an additional 1-stall option. This property is perfectly situated in an excellent location, seamlessly blending comfort and accessibility.

Last Agent to Sell the Property

Breckin Meyer

Realty87 Listed on: 09/26/2023

Realty87

Last Buyer's Agent

Deb Witter

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,621

Year Built

  • 1953

Lot Details

  • 10,019

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 894 Sq Ft Home
  • Family Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • 10,019 Sq Ft Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,621

Year Built

1953

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2300
  • Above Grade Finished Sq Ft: 894
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2621
  • List User Cell Phone: 319-432-9904
  • Miscellaneous: Cable Ready, Patio
  • Net Tax: 2621
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.94828
  • Ratio Close Price By Original Li: 0.94828
  • Ratio Current Price By Sq Ft: 153.80
  • Total Sq Ft: 894
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1953

Interior Features

  • Appliances Included: Dishwasher, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, 1st Floor Laundry
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Composite, Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, Detached

Utilities

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

Schools

  • Elementary School: Grant
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2023
Closed on
Nov 9, 2023
Sold by
Sood Surinder Singh
Bought by
Turecek George M
Seller's Agent
Breckin Meyer
Realty87
Buyer's Agent
Deb Witter
Realty87
List Price
$145,000
Sold Price
$137,500
Premium/Discount to List
-$7,500
-5.17%
Views
12
Current Estimated Value
$150,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,959
Avg. Annual Appreciation
4.88%
Original Mortgage
$140,456
Outstanding Balance
$135,844
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$14,615

Purchase Details

Listed on
Apr 25, 2021
Closed on
May 19, 2021
Sold by
Lucas Edward C and Lucas Kathleen A
Bought by
Sood Surinder Singh
Seller's Agent
Jesse Grade
SKOGMAN REALTY CORRIDOR
Buyer's Agent
Jesse Grade
SKOGMAN REALTY CORRIDOR
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$103,500
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 18, 2011
Sold by
Mcelligott Darell and Mcelligott Nicole M
Bought by
Lucas Edward C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,800
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2008
Sold by
Zimmerman Matthew S and Zimmerman Emily A
Bought by
Mcelligott Darrell and Mcelligott Nicole M

Purchase Details

Closed on
May 18, 2005
Sold by
Lanning David A and Lanning Delaine S
Bought by
Zimmerman Matthew S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,500
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 17, 2000
Sold by
Streff Nicholas J and Streff Cara L
Bought by
Lanning David A and Lanning Delaine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
7.96%
Source: Public Records

Range of Values:

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Average Value
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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
Turecek George M $137,500 None Listed On Document
Sood Surinder Singh $115,000 None Available
Lucas Edward C $81,500 None Available
Mcelligott Darrell $99,500 None Available
Zimmerman Matthew S $89,000 --
Lanning David A $79,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turecek George M $140,456
Previous Owner Sood Surinder Singh $103,500
Previous Owner Lucas Edward C $73,800
Previous Owner Zimmerman Matthew S $89,500
Previous Owner Lanning David A $77,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2023 11/09/23 Sold $137,500 -5.2% $154 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/26/2023 09/26/23 For Sale $145,000 +26.1% $162 / Sq Ft
05/28/2021 05/28/21 Sold $115,000 0.0% $129 / Sq Ft
04/25/2021 04/25/21 Pending -- -- --
04/25/2021 04/25/21 For Sale $115,000 -- $129 / 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 $2,200 $141,700 $35,100 $106,600
2024 $2,422 $132,900 $35,100 $97,800
2023 $2,422 $124,300 $29,500 $94,800
2022 $303 $114,800 $25,800 $89,000
2021 $1,928 $102,400 $25,800 $76,600
2020 $1,928 $99,300 $22,100 $77,200
2019 $1,708 $91,000 $22,100 $68,900
2018 $1,654 $91,000 $22,100 $68,900
2017 $1,905 $90,900 $22,100 $68,800
2016 $1,905 $93,000 $22,100 $70,900
2015 $1,809 $88,322 $22,144 $66,178
2014 $1,624 $90,969 $22,144 $68,825
2013 $1,894 $90,969 $22,144 $68,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2306327

Cedar Rapids Area Association of REALTORS®

APN: 14333-33003-00000