NOT LISTED FOR SALE

2529 1st Ave SE Cedar Rapids, IA 52402

Estimated Value: $112,000 - $114,000

2 Beds
1 Bath
938 Sq Ft
$120/Sq Ft Est. Value

Last Sold February 01, 2019

Last sale price $62,000 $66 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $754/month

47 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Living Room
  • Formal Dining Room
  • Forced Air Cooling System
  • Fenced

About This Home

As of February 2019

This solid, 2 bedroom 1 bath ranch is on a fenced corner lot and is a ½ mile from the Cedar Rapids Country Club! Natural hardwood floors in the bedrooms, dining room, living room, also in kitchen under the linoleum. All but one of the windows are new. All appliances are included but not warranted. There is a nice, clean attic space that can be used for future expansion. 1-car detached garage. Needs some TLC and is being sold as is condition. !

Last Listed By

Nicki Borchert

IOWA REALTY Listed on: 11/02/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,354

Year Built

  • 1922

Lot Details

  • Fenced

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • 938 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,354

Year Built

1922

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 938
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 1354
  • List User Cell Phone: 319-389-4470
  • Miscellaneous: Cable Ready, Fencing
  • Net Tax: 1354
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.88698
  • Ratio Close Price By Original Li: 0.86111
  • Ratio Current Price By Sq Ft: 66.10
  • Total Sq Ft: 938
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1922

Interior Features

  • Appliances Included: Dishwasher, Dryer, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Living Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 1 Car, Detached, Off Street Parking
  • Garage Size: 10X20

Utilities

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

Schools

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

Lot Info

  • Lot Size: Irregular

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2020
Sold by
Straub Paul D and Straub Anna
Bought by
Nickerson Phillip A
Total Days on Market
47
Current Estimated Value
$112,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Outstanding Balance
$57,397
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$54,752

Purchase Details

Listed on
Nov 2, 2018
Closed on
Jan 31, 2019
Sold by
Tenney Linda D
Bought by
Straub Paul D and Straub Anna
Seller's Agent
Nicki Borchert
IOWA REALTY
Buyer's Agent
Nicki Borchert
IOWA REALTY
List Price
$72,000
Sold Price
$62,000
Premium/Discount to List
-$10,000
-13.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.88%
Original Mortgage
$49,600
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

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
Nickerson Phillip A $85,000 Security First Title Co
Straub Paul D $62,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nickerson Phillip A $63,750
Previous Owner Straub Paul D $49,600
Previous Owner Tenney Linda D $45,557
Previous Owner Tenney Gerald R $15,000
Previous Owner Tenney Gerald R $31,655
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2019 02/01/19 Sold $62,000 -11.3% $66 / Sq Ft
12/19/2018 12/19/18 Pending -- -- --
12/10/2018 12/10/18 Price Changed $69,900 -2.9% $75 / Sq Ft
11/02/2018 11/02/18 For Sale $72,000 -- $77 / 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 $1,514 $84,500 $22,400 $62,100
2022 $1,348 $80,700 $19,500 $61,200
2021 $1,410 $74,000 $19,500 $54,500
2020 $1,410 $72,500 $15,600 $56,900
2019 $1,392 $64,600 $15,600 $49,000
2018 $1,354 $64,600 $15,600 $49,000
2017 $1,358 $66,400 $15,600 $50,800
2016 $1,358 $63,900 $15,600 $48,300
2015 $1,506 $70,202 $15,580 $54,622
2014 $1,562 $72,551 $15,580 $56,971
2013 $1,586 $72,551 $15,580 $56,971
Source: Public Records

Agents Affiliated with this Home

  • Nicki Borchert

    Seller's Agent in 2019

    Nicki Borchert

    IOWA REALTY

    (319) 389-4470

    75 Total Sales

    Nicki Borchert
    Section Image

  • B

    Seller Co-Listing Agent in 2019

    Brenda Hart

    IOWA REALTY

    (319) 310-7302

    41 Total Sales

    Brenda Hart
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1807710

Cedar Rapids Area Association of REALTORS®

APN: 14142-54007-00000

Iowa Linn County Cedar Rapids 52402

2529 1st Ave SE, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 2529 1st Ave SE, Cedar Rapids, IA 52402 since 02 November 2018 and is currently estimated at $112,779, approximately $120 per square foot. This property was built in 1922. 2529 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.

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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.
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