NOT LISTED FOR SALE

2533 B Ave NE Cedar Rapids, IA 52402

Estimated Value: $166,000 - $176,000

2 Beds
2 Baths
1,288 Sq Ft
$132/Sq Ft Est. Value

Last Sold July 29, 2021

Last sale price $145,000 $113 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,181/month

2 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Patio
  • Formal Dining Room
  • Forced Air Cooling System
  • Living Room

About This Home

As of July 2021

Adorable charm filled bungalow on the NE side across from Arthur School, with TONS of parking, and alley access to the double heated and insulated garage! (Heater is reserved by seller but gas line STAYS) Seller uses as wood shop currently, and buyer could add on or build a new massive garage if they desired. New roof, new wood privacy fencing for the large back yard! Siding contractor is located and with a swift offer Buyer can have input on siding/gutter/soffit selections! Newly finished beautiful hardwood flooring, updated bathroom on the main floor (cabinet trim will be installed prior to closing) Screened in front porch for bug-less mornings and evenings chilling with the pups or family/friends <3 Two good sized bedrooms on the main floor, one current fits a KING bed with room to spare! There is room in the kitchen for a breakfast nook/table, however island can stay if you wish. Formal dining room with lots of natural light coming through. Upstairs there IS room to finish additional space if you so desire! Finished space in the Lower level, includes a full bathroom(HUGE) and bar/rec room area! All appliances stay (Upright freezer in laundry is reserved) New AC unit, newer water heater, furnace is less than 10 years old. Offers being held until Monday June 14th at 4pm, All offers will be responded to by the same day at 7pm. Seller reserves right to accept any offer prior to deadline.

Last Listed By

Heather Aswegan

Keller Williams Legacy Group Listed on: 06/11/2021

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,300

Year Built

  • 1925

Lot Details

  • 7,492 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Fenced

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Living Room
  • Formal Dining Room

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Guest Parking

Outdoor Features

  • Patio
  • Storage Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,300

Year Built

1925

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1720
  • Above Grade Finished Sq Ft: 912
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 2300
  • List User Cell Phone: 319-560-2823
  • Low Lvl Fin Sq Ft: 376
  • Miscellaneous: Cable Ready, Fencing, Patio, Satellite Dish, Storage Shed
  • Net Tax: 2300
  • 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: 158.99
  • Total Sq Ft: 1288
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Appliances Included: Dryer, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 3 Seasons, Living Room
  • Basement: Block, Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, 2 Cars, Detached, Guest Parking, Heated Garage

Utilities

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

Schools

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

Lot Info

  • Lot Size: 50 X 150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Jul 28, 2021
Sold by
Nurre Kevin C and Nurre Laurie B
Bought by
Murphy Matthew P
Seller's Agent
Heather Aswegan
Keller Williams Legacy Group
Buyer's Agent
Gregory Cleveland
COLDWELL BANKER HEDGES
List Price
$145,000
Sold Price
$145,000
Total Days on Market
2
Current Estimated Value
$169,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,850
Avg. Annual Appreciation
4.26%
Original Mortgage
$135,000
Outstanding Balance
$124,073
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$45,777

Purchase Details

Listed on
Jul 18, 2016
Closed on
Oct 10, 2016
Sold by
Erica Irene Nichols
Bought by
Nurre Laurie and Nurre Kevin
Seller's Agent
Chris Krumbholz
Keller Williams Legacy Group
Buyer's Agent
Jen Forslund
Pinnacle Realty LLC
List Price
$106,000
Sold Price
$104,000
Premium/Discount to List
-$2,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$93,600
Interest Rate
3.42%

Purchase Details

Closed on
Aug 6, 2003
Sold by
Koffron Steven J and Koffron Amy P
Bought by
Ledger Erica I and Ledger Ellen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,194
Interest Rate
5.31%
Mortgage Type
FHA

Range of Values:

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Average Value
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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
Murphy Matthew P $145,000 None Available
Nurre Laurie -- --
Ledger Erica I $94,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Matthew P $135,000
Previous Owner Nurre Laurie $93,600
Previous Owner Nurre Laurie --
Previous Owner Ledger Erica I $94,194
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2021 07/29/21 Sold $145,000 0.0% $113 / Sq Ft
06/13/2021 06/13/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $145,000 +39.4% $113 / Sq Ft
09/23/2016 09/23/16 Sold $104,000 -1.9% $81 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $106,000 -- $82 / 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 $2,880 $147,100 $34,400 $112,700
2022 $2,446 $136,500 $30,600 $105,900
2021 $2,368 $127,000 $30,600 $96,400
2020 $2,368 $115,900 $25,500 $90,400
2019 $2,232 $112,100 $25,500 $86,600
2018 $2,166 $112,100 $25,500 $86,600
2017 $2,212 $106,400 $25,500 $80,900
2016 $2,212 $104,100 $25,500 $78,600
2015 $2,344 $110,152 $25,500 $84,652
2014 $1,819 $115,083 $25,500 $89,583
2013 $2,396 $115,083 $25,500 $89,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2103920

Cedar Rapids Area Association of REALTORS®

APN: 14142-32009-00000