NOT LISTED FOR SALE

2603 Schaeffer Dr SW Cedar Rapids, IA 52404

Southwest Area Neighborhood

Estimated Value: $196,000 - $215,501

-- Bed
-- Bath
1,511 Sq Ft
$137/Sq Ft Est. Value

About This Home

This home is located at 2603 Schaeffer Dr SW, Cedar Rapids, IA 52404 and is currently estimated at $207,375, approximately $137 per square foot. 2603 Schaeffer Dr 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2025
Sold by
Oberbroeckling Eric T
Bought by
Wagner Caleb James
Current Estimated Value
$207,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$180,000
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$22,170

Purchase Details

Closed on
Aug 30, 2007
Sold by
Eastburn David L and Eastburn Valerie P
Bought by
Oberbroeckling Eric T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 29, 1999
Sold by
Gunn Dennis V and Gunn Helen L
Bought by
Eastburn David L and Eastburn Valerie P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,150
Interest Rate
7.78%
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.

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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.

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First American

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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.

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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
Wagner Caleb James $198,000 River Ridge Escrow
Wagner Caleb James $198,000 River Ridge Escrow
Oberbroeckling Eric T $134,500 None Available
Eastburn David L $114,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Caleb James $180,000
Closed Wagner Caleb James $180,000
Previous Owner Oberbroeckling Eric T $96,000
Previous Owner Oberbroeckling Eric T $10,000
Previous Owner Oberbroeckling Eric T $108,000
Previous Owner Eastburn David L $27,700
Previous Owner Eastburn David L $109,150
Source: Public Records

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 $199 $198,100 $38,100 $160,000
2022 $3,060 $155,300 $30,800 $124,500
2021 $3,158 $156,700 $30,800 $125,900
2020 $3,158 $151,700 $29,000 $122,700
2019 $2,700 $133,800 $29,000 $104,800
2018 $2,622 $133,800 $29,000 $104,800
2017 $2,707 $130,600 $29,000 $101,600
2016 $2,707 $127,400 $29,000 $98,400
2015 $2,758 $128,683 $29,000 $99,683
2014 $2,554 $131,898 $29,000 $102,898
2013 $2,560 $131,898 $29,000 $102,898
Source: Public Records

Map

Iowa Linn County Cedar Rapids 52404 Southwest Area

2603 Schaeffer Dr SW, Cedar Rapids, IA

This home is located at 2603 Schaeffer Dr SW, Cedar Rapids, IA 52404 and is currently estimated at $207,375, approximately $137 per square foot. 2603 Schaeffer Dr 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.

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