NOT LISTED FOR SALE

2550 Meadowbrook Dr SE Cedar Rapids, IA 52403

Vernon Heights Neighborhood

Estimated Value: $190,381 - $200,000

3 Beds
2 Baths
1,362 Sq Ft
$143/Sq Ft Est. Value

Last Sold January 24, 2024

Last sale price $189,000 $139 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,328/month

69 Days on Market

Highlights

  • Vaulted Ceiling
  • 2 Car Detached Garage
  • Forced Air Cooling System
  • Formal Dining Room
  • Eat-In Kitchen
  • Level Lot

About This Home

As of January 2024

Yes, THIS is the one! Incredible curb appeal and charm and character abound in this Arts and Crafts style bungalow. You will spend countless hours relaxing and entertaining on the covered front porch that welcomes you “home” the moment you arrive! Enter the home to discover gleaming oak hardwood floors throughout, custom milled woodwork including ornate crown molding, arched doorways and a cozy wood burning fireplace just waiting for those cool fall and winter evenings! Updated kitchen with quartz counters and stainless steel appliances are included! All new or newer roof, 2 stall garage, mostly new driveway and sidewalks, central air unit, and yes, the home does have a basement water-proofing system so no worries about having a wet basement in this one! Offers 2 spacious bedrooms on the main floor plus a massive primary bedroom with walk-in closets and ¾ bath upstairs. Excellent neighborhood close to schools, parks, restaurants, the Newbo area and more. Ready for immediate possession, but don’t wait, this one likely won’t last long!

Last Listed By

Curtis Cleveland

COLDWELL BANKER HEDGES Listed on: 10/26/2023

COLDWELL BANKER HEDGES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,546

Year Built

  • 1926

Lot Details

  • Lot Dimensions are 39x116
  • Level Lot

Home Design

  • Frame Construction

Interior Spaces

  • 1,362 Sq Ft Home
  • 1.75 Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • On-Street Parking
  • 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

$3,546

Year Built

1926

Lot Details

0

Listing Details

  • Style: 1.75 Story
  • Above Grade Finished Sq Ft: 1362
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 3546
  • List User Cell Phone: 319-360-0708
  • Miscellaneous: Cable Ready, Vaulted Ceiling
  • Net Tax: 3358
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.95214
  • Ratio Close Price By Original Li: 0.90865
  • Ratio Current Price By Sq Ft: 138.77
  • Total Sq Ft: 1362
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1926

Interior Features

  • Appliances Included: Dishwasher, Garage Door Opener, Range, Refrigerator, Water Heater – Gas
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 1
  • Fireplace Features: Built In, Wood Burning, Living Room
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Site Description: Level

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Detached, Off Street Parking, On Street Parking

Utilities

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

Schools

  • Elementary School: Grant Wood
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 39x116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Jan 17, 2024
Sold by
Cordell Randolph Duane
Bought by
Lincoln Marcia E
Seller's Agent
Curtis Cleveland
COLDWELL BANKER HEDGES
Buyer's Agent
Deanna Howard
IOWA REALTY
List Price
$208,000
Sold Price
$189,000
Premium/Discount to List
-$19,000
-9.13%
Total Days on Market
69
Views
108
Current Estimated Value
$195,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,345
Avg. Annual Appreciation
2.53%

Purchase Details

Closed on
Jul 1, 2014
Sold by
Cordell Terri E
Bought by
Cordell Randolph D

Purchase Details

Closed on
Jan 31, 2007
Sold by
Frink Barry L
Bought by
Cordell Randolph D and Cordell Terri E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,910
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2006
Sold by
Tyler Christopher M
Bought by
Frink Barry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,450
Interest Rate
6.4%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 27, 2001
Sold by
Fluent Robert T and Fluent Lisa A
Bought by
Tyler Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,025
Interest Rate
6.64%

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
Lincoln Marcia E $189,000 None Listed On Document
Cordell Randolph D -- None Available
Cordell Randolph D $138,500 None Available
Frink Barry L $120,000 None Available
Tyler Christopher M $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cordell Randolph D $20,000
Previous Owner Cordell Randolph D $133,925
Previous Owner Cordell Randolph D $131,537
Previous Owner Cordell Randolph D $130,952
Previous Owner Cordell Randolph D $131,047
Previous Owner Cordell Randolph D $137,910
Previous Owner Frink Barry L $108,450
Previous Owner Tyler Christopher M $104,025
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2024 01/24/24 Sold $189,000 -4.8% $139 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
11/20/2023 11/20/23 Price Changed $198,500 -2.6% $146 / Sq Ft
11/06/2023 11/06/23 Price Changed $203,900 -2.0% $150 / Sq Ft
10/26/2023 10/26/23 For Sale $208,000 -- $153 / 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 $168,100 $29,200 $138,900
2022 $2,734 $145,400 $25,300 $120,100
2021 $2,722 $140,900 $25,300 $115,600
2020 $2,722 $132,000 $19,500 $112,500
2019 $2,480 $123,600 $19,500 $104,100
2018 $2,408 $123,600 $19,500 $104,100
2017 $2,464 $121,700 $19,500 $102,200
2016 $2,321 $109,200 $19,500 $89,700
2015 $2,407 $113,167 $19,458 $93,709
2014 $2,222 $113,167 $19,458 $93,709
2013 $2,170 $113,167 $19,458 $93,709
Source: Public Records

Agents Affiliated with this Home

  • Curtis Cleveland

    Seller's Agent in 2024

    Curtis Cleveland

    COLDWELL BANKER HEDGES

    (319) 360-0708

    3 in this area

    155 Total Sales

    Curtis Cleveland
    Section Image
  • Deanna Howard

    Buyer's Agent in 2024

    Deanna Howard

    IOWA REALTY

    (319) 929-3836

    1 in this area

    87 Total Sales

    Deanna Howard
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2307028

Cedar Rapids Area Association of REALTORS®

APN: 14233-02026-00000

Iowa Linn County Cedar Rapids 52403 Vernon Heights

2550 Meadowbrook Dr SE, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 2550 Meadowbrook Dr SE, Cedar Rapids, IA 52403 since 26 October 2023 and is currently estimated at $195,345, approximately $143 per square foot. This property was built in 1926. 2550 Meadowbrook Dr SE is a home located in Linn County with nearby schools including Grant Wood Elementary School, McKinley STEAM Academy, 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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