NOT LISTED FOR SALE

2546 L Ave NW Cedar Rapids, IA 52405

Estimated Value: $280,000 - $304,144

5 Beds
3 Baths
2,526 Sq Ft
$116/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $240,000 $95 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,937/month

3 Days on Market

Highlights

  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Living Room
  • John F. Kennedy High School Rated A-
  • Wet Bar
  • Central Air

About This Home

As of June 2023

Step into this exquisite five-bedroom sanctuary that you can call home. Indulge in the elegance of vaulted ceilings that create a sense of grandeur. Unwind in the main floor master suite, offering luxurious comfort and privacy. Entertain guests in the captivating basement bar area, perfect for social gatherings. Embrace the seamless connection to nature with a convenient walkout. Experience the bliss of this remarkable residence that awaits your arrival. Seller is offering a $4,000 cosmetics check at closing with acceptable offer. Professional pictures are scheduled to be taken Monday morning.

Last Agent to Sell the Property

Jeremy Trenkamp

Realty87 Listed on: 05/19/2023

Realty87

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,578

Year Built

  • Built in 1996

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 90 x 109

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • Wet Bar
  • Vaulted Ceiling
  • Gas Fireplace
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Madison Elementary School
  • Roosevelt Middle School
  • Kennedy High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 141915204000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,578

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2526
  • Owner Name L F Mi: Clayton
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Property is listed by Zach Borrett, please call him with questions. 319-826-5638. Set up all showings via showingtime.
  • Year Built: 1996
  • Tax Year Report: 2022
  • Directions: On L Ave NW, CR
  • L O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights
  • Basement Remarks: Full, Walkout
  • Fireplace Type Location: Gas
  • Interior R: Vaulted Ceiling, Wet Bar
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2661
  • Remarks2: Step into this exquisite five-bedroom sanctuary that you can call home. Indulge in the elegance of vaulted ceilings that create a sense of grandeur. Unwind in the main floor master suite, offering luxurious comfort and privacy. Entertain guests in the captivating basement bar area, perfect for social gatherings. Embrace the seamless connection to nature with a convenient walkout. Experience the bliss of this remarkable residence that awaits your arrival. Seller is offering a $4,000 cosmetics check at closing with acceptable offer. Professional pictures are scheduled to be taken Monday morning.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Number Bedrooms Lower: 2
  • Number Bedrooms Main: 3
  • Sq Ft Above: 1534
  • Total Full Baths: 3
  • Bedrooms: 5
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 992
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Gas, Central

Schools

  • Elementary School: Madison
  • Middle School: Roosevelt
  • High School: Kennedy
  • High School: Kennedy
  • Jr Middle School: Roosevelt
  • Elementary School: Madison

Lot Info

  • Acreage: 0.23
  • Geo Subdivision: IA
  • Lot Dimensions: 90 x 109
  • Zoning: Res

Tax Info

  • Gross Tax County City: 4264
  • Assessor Parcel Number: 141915204000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2019
Closed on
Feb 20, 2020
Sold by
Newman Scott Thomas
Bought by
Clayton Michelle L
Seller's Agent
Judy Avenson
RE/MAX CONCEPTS
Buyer's Agent
Paul Canas
Pinnacle Realty LLC
List Price
$230,000
Sold Price
$214,000
Premium/Discount to List
-$16,000
-6.96%
Current Estimated Value
$293,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,286
Avg. Annual Appreciation
5.77%
Original Mortgage
$195,970
Outstanding Balance
$173,518
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$119,768

Purchase Details

Listed on
Dec 12, 2019
Closed on
Feb 18, 2020
Sold by
Newman Scott Thomas
Bought by
Clayton Michelle L
Seller's Agent
Judy Avenson
RE/MAX CONCEPTS
Buyer's Agent
Paul Canas
Pinnacle Realty LLC
List Price
$230,000
Sold Price
$214,000
Premium/Discount to List
-$16,000
-6.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,970
Outstanding Balance
$173,518
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$119,768

Purchase Details

Closed on
Mar 15, 2016
Sold by
Newman Scott T
Bought by
Newman Scott T and Scott Thomas Newman Revocable Trust

Purchase Details

Closed on
Nov 5, 1997
Sold by
Bacon Stephen James Timothy and Bacon Loretta M
Bought by
Newman Scott T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.43%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Clayton Michelle L $214,125 None Available
Clayton Michelle L $214,125 None Available
Newman Scott T -- None Available
Newman Scott T $151,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clayton Michelle L $195,970
Closed Clayton Michelle L $195,970
Previous Owner Newman Scott T $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $240,000 -2.0% $95 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $244,900 +14.4% $97 / Sq Ft
02/19/2020 02/19/20 Sold $214,000 -7.0% $85 / Sq Ft
01/07/2020 01/07/20 Pending -- -- --
12/12/2019 12/12/19 For Sale $230,000 -- $91 / Sq Ft
Source: Iowa City 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 $4,578 $261,500 $57,400 $204,100
2024 $4,506 $258,700 $51,000 $207,700
2023 $4,506 $258,700 $51,000 $207,700
2022 $4,424 $213,600 $46,800 $166,800
2021 $4,618 $213,600 $46,800 $166,800
2020 $4,618 $209,300 $51,000 $158,300
2019 $4,264 $206,300 $34,000 $172,300
2018 $4,142 $206,300 $34,000 $172,300
2017 $4,202 $201,500 $34,000 $167,500
2016 $4,157 $195,600 $34,000 $161,600
2015 $3,972 $200,824 $34,032 $166,792
2014 $4,088 $200,824 $34,032 $166,792
2013 $3,996 $200,824 $34,032 $166,792
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202302751

Iowa City Area Association of REALTORS®

APN: 14191-52040-00000