NOT LISTED FOR SALE

255 27th Ave SW Cedar Rapids, IA 52404

Southwest Area Neighborhood

Estimated Value: $139,000 - $169,000

2 Beds
2 Baths
1,075 Sq Ft
$143/Sq Ft Est. Value

Last Sold November 26, 2018

Last sale price $93,000 $87 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,022/month

119 Days on Market

About This Home

As of November 2018

**Accepted offer** This cute 2 bedroom on the SW side has easy access to Newbo, Downtown, and the interstate. Good sized bedroom upstairs with a bathroom can serve as a nice master suite. Plenty of open kitchen space, and a walk-out living room with a nice view of the expansive backyard.

Last Agent to Sell the Property

PJ McInerney

Pinnacle Realty LLC Listed on: 06/22/2018

Pinnacle Realty LLC

Co-Listed By

Doug Mcallister

Pinnacle Realty LLC

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,214

Year Built

  • 1942

Lot Details

  • Lot Dimensions are 50 x 300

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,075 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main

Parking

  • 2 Car Garage
  • Garage Door Opener

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,214

Year Built

1942

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Above Grade Finished Sq Ft: 1075
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Gross Tax: 2214
  • List User Cell Phone: 319-775-3040
  • Net Tax: 2214
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97895
  • Ratio Close Price By Original Li: 0.88571
  • Ratio Current Price By Sq Ft: 86.51
  • Total Sq Ft: 1075
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1942

Interior Features

  • Appliances Included: Disposal, Garage Door Opener, Refrigerator, Water Heater – Electric
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 1
  • Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 4

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars

Utilities

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

Schools

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

Lot Info

  • Lot Size: 50 X 300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2018
Closed on
Nov 19, 2018
Sold by
Elam William J
Bought by
Grecian Andrew P
Seller's Agent
PJ McInerney
Pinnacle Realty LLC
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$105,000
Sold Price
$93,000
Premium/Discount to List
-$12,000
-11.43%
Current Estimated Value
$153,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,196
Avg. Annual Appreciation
7.57%
Original Mortgage
$43,000
Outstanding Balance
$27,162
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$126,034

Purchase Details

Closed on
Oct 3, 2005
Sold by
Stokesberry Shannon
Bought by
Elam William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 18, 1999
Sold by
Weichers Gary L and Weichers Constance L
Bought by
Stokesberry Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,945
Interest Rate
7.88%
Mortgage Type
FHA
Source: Public Records

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
Grecian Andrew P $93,000 None Available
Elam William J $86,500 --
Stokesberry Shannon $86,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grecian Andrew P $43,000
Previous Owner Elam William J $69,600
Previous Owner Stokesberry Shannon $86,945
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2018 11/26/18 Sold $93,000 -2.1% $87 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
09/27/2018 09/27/18 Price Changed $95,000 -3.1% $88 / Sq Ft
09/06/2018 09/06/18 Price Changed $98,000 -1.5% $91 / Sq Ft
08/07/2018 08/07/18 Price Changed $99,500 -3.4% $93 / Sq Ft
07/18/2018 07/18/18 Price Changed $103,000 -1.9% $96 / Sq Ft
06/22/2018 06/22/18 For Sale $105,000 -- $98 / 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 $2,504 $149,300 $29,500 $119,800
2024 $2,578 $141,500 $26,600 $114,900
2023 $2,578 $141,500 $26,600 $114,900
2022 $2,316 $122,200 $23,600 $98,600
2021 $2,366 $111,800 $23,600 $88,200
2020 $2,366 $107,200 $20,700 $86,500
2019 $2,214 $102,700 $20,700 $82,000
2018 $2,152 $102,700 $20,700 $82,000
2017 $2,214 $101,700 $20,700 $81,000
2016 $2,094 $98,500 $20,700 $77,800
2015 $2,074 $97,513 $20,650 $76,863
2014 $2,074 $96,649 $20,650 $75,999
2013 $2,012 $96,649 $20,650 $75,999
Source: Public Records

Agents Affiliated with this Home

  • PJ McInerney

    Seller's Agent in 2018

    PJ McInerney

    Pinnacle Realty LLC

    (319) 393-0900

    3 in this area

    86 Total Sales

    PJ McInerney
    Section Image
  • Doug Mcallister

    Seller Co-Listing Agent in 2018

    Doug Mcallister

    Pinnacle Realty LLC

    (319) 350-9476

    4 in this area

    58 Total Sales

    Doug Mcallister
    Section Image

  • D

    Buyer's Agent in 2018

    Donald Fieldhouse

    Cedar Rapids Area Association of REALTORS

    (239) 774-6598

    17 in this area

    4,965 Total Sales

    Donald Fieldhouse
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1804422

Cedar Rapids Area Association of REALTORS®

APN: 14333-78003-00000

Iowa Linn County Cedar Rapids 52404 Southwest Area

255 27th Ave SW, Cedar Rapids, IA

This home is located at 255 27th Ave SW, Cedar Rapids, IA 52404 since 22 June 2018 and is currently estimated at $153,196, approximately $142 per square foot. This property was built in 1942. 255 27th Ave SW is a home located in Linn County with nearby schools including Wilson Middle School, Thomas Jefferson High School, and Holy Family School St. Ludmila Center.

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.

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