NOT LISTED FOR SALE

2523 1st Ave SE Cedar Rapids, IA 52402

Estimated Value: $88,000 - $112,000

2 Beds
1 Bath
624 Sq Ft
$157/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $80,000 $128 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $679/month

Highlights

  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Forced Air Cooling System

About This Home

As of December 2021

This home is located at 2523 1st Ave SE, Cedar Rapids, IA 52402 since 22 November 2021 and is currently estimated at $98,149, approximately $157 per square foot. This property was built in 1922. 2523 1st Ave SE 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

Glenn Linville

Realty87 Listed on: 11/22/2021

Realty87

Last Buyer's Agent

Teri Fleming

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,512

Year Built

  • 1922

Lot Details

  • 4,530 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Frame Construction

Interior Spaces

  • 624 Sq Ft Home
  • 1.5-Story Property
  • Basement
  • Block Basement Construction

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,512

Year Built

1922

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.1040
  • Above Grade Finished Sq Ft: 624
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 1512
  • List User Cell Phone: 319-573-5197
  • Net Tax: 1512
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.06667
  • Ratio Close Price By Original Li: 1.06667
  • Ratio Current Price By Sq Ft: 128.21
  • Total Sq Ft: 624
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1922

Interior Features

  • Appliances Included: Dishwasher, Dryer, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 4 Seasons
  • Basement: Block
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 4

Exterior Features

  • Construction Methods: Frame

Garage/Parking

  • Garage/Parking: 1 Car
  • Garage Size: 10x20

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2021
Closed on
Dec 20, 2021
Sold by
Reicks Properties Llc
Bought by
Pacific Blue Properties Llc
Seller's Agent
Glenn Linville
Realty87
Buyer's Agent
Teri Fleming
Realty87
List Price
$75,000
Sold Price
$80,000
Premium/Discount to List
$5,000
6.67%
Current Estimated Value
$98,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,149
Avg. Annual Appreciation
5.93%
Original Mortgage
$68,000
Outstanding Balance
$61,717
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$36,432

Purchase Details

Listed on
Apr 6, 2012
Closed on
Sep 25, 2012
Sold by
Callanan Patrick J and Callanan Kara
Bought by
Reicks Properties Llc
Seller's Agent
Marian Flink
SKOGMAN REALTY
Buyer's Agent
Kris Watkins
Realty87
List Price
$56,500
Sold Price
$45,000
Premium/Discount to List
-$11,500
-20.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%
Original Mortgage
$41,600
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage
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
Pacific Blue Properties Llc $80,000 None Listed On Document
Reicks Properties Llc $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacific Blue Properties Llc $35,000
Open Pacific Blue Properties Llc $68,000
Previous Owner Tenney Gerald R $73,000
Previous Owner Reicks Properties Llc $41,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $80,000 +6.7% $128 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/22/2021 11/22/21 For Sale $75,000 +66.7% $120 / Sq Ft
09/28/2012 09/28/12 Sold $45,000 -20.4% $72 / Sq Ft
08/08/2012 08/08/12 Pending -- -- --
04/06/2012 04/06/12 For Sale $56,500 -- $91 / 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
2023 $1,638 $81,600 $22,700 $58,900
2022 $1,480 $77,700 $19,800 $57,900
2021 $1,522 $71,400 $19,800 $51,600
2020 $1,522 $69,000 $15,800 $53,200
2019 $1,543 $61,600 $15,800 $45,800
2018 $1,292 $61,600 $15,800 $45,800
2017 $1,374 $63,100 $15,800 $47,300
2016 $1,292 $60,800 $15,800 $45,000
2015 $1,314 $61,313 $15,800 $45,513
2014 $1,304 $63,271 $15,800 $47,471
2013 $1,318 $63,271 $15,800 $47,471
Source: Public Records

Agents Affiliated with this Home

  • Glenn Linville

    Seller's Agent in 2021

    Glenn Linville

    Realty87

    (319) 573-5197

    76 Total Sales

    Glenn Linville
    Section Image
  • Teri Fleming

    Buyer's Agent in 2021

    Teri Fleming

    Realty87

    (319) 491-6391

    116 Total Sales

    Teri Fleming
    Section Image
  • Marian Flink

    Seller's Agent in 2012

    Marian Flink

    SKOGMAN REALTY

    (319) 350-3992

    229 Total Sales

    Marian Flink
    Section Image

  • K

    Buyer's Agent in 2012

    Kris Watkins

    Realty87

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2107969

Cedar Rapids Area Association of REALTORS®

APN: 14142-54008-00000

Iowa Linn County Cedar Rapids 52402

2523 1st Ave SE, Cedar Rapids, IA

This home is located at 2523 1st Ave SE, Cedar Rapids, IA 52402 since 22 November 2021 and is currently estimated at $98,149, approximately $157 per square foot. This property was built in 1922. 2523 1st Ave SE 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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