NOT LISTED FOR SALE

2617 1st Ave SE Cedar Rapids, IA 52402

Estimated Value: $102,000 - $162,000

3 Beds
2 Baths
1,054 Sq Ft
$130/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $60,000 $57 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $925/month

54 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Living Room
  • 2 Car Detached Garage
  • Forced Air Cooling System
  • Fenced

About This Home

As of August 2019

This 3 bedroom, 2 bath, 2 stall, 2 Story SE charmer has a lot to offer! Conveniently located to schools, shopping, bus, parks, Cedar Rapids Country Club and more. Various updates throughout including kitchen, both baths, plumbing, water heater, some drywall & interior doors, custom built-ins and more. Main level features a master with nursery/den with access to bath, living room and kitchen. Upper level has two more bedrooms and another full bath. Furnace and central were new in 2009. Home has updated breaker panel as well. Outside features off street parking with bigger 2 stall garage and deep fenced yard. The home still needs some updating and is sold "as is" but is still a great first timer or even down-sizer opportunity!

Last Agent to Sell the Property

Bob Kalous

SKOGMAN REALTY Listed on: 05/31/2019

SKOGMAN REALTY

Last Buyer's Agent

Bob Kalous

SKOGMAN REALTY Listed on: 05/31/2019

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,456

Year Built

  • 1890

Lot Details

  • 9,932 Sq Ft Lot
  • Fenced

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,054 Sq Ft Home
  • 2-Story Property
  • 1.75 Story Property
  • Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bedroom located in the basement

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,456

Year Built

1890

Lot Details

0

Listing Details

  • Style: 1.5 Story, 1.75 Story, 2 Stories
  • Acres: 0.2280
  • Above Grade Finished Sq Ft: 1054
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 1456
  • List User Cell Phone: 319-521-8000
  • Miscellaneous: Cable Ready, Deck, Fencing, Home Warranty
  • Net Tax: 1273
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.80000
  • Ratio Close Price By Original Li: 0.70588
  • Ratio Current Price By Sq Ft: 56.93
  • Total Sq Ft: 1054
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1890

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Living Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 2
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Lower Level
  • Room Count: 6

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 2 Cars, Detached, Off Street Parking
  • Garage Size: 20X27

Utilities

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

Schools

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

Lot Info

  • Lot Size: Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2019
Closed on
Aug 28, 2019
Sold by
Martin Christopher and Martin Brittony C
Bought by
Greased Elbow Investments Llc
Seller's Agent
Bob Kalous
SKOGMAN REALTY
Buyer's Agent
Bob Kalous
SKOGMAN REALTY
List Price
$80,000
Sold Price
$60,000
Premium/Discount to List
-$20,000
-25%
Current Estimated Value
$136,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,847
Avg. Annual Appreciation
13.88%

Purchase Details

Listed on
May 8, 2014
Closed on
Sep 23, 2014
Sold by
Heitzman Keith A
Bought by
Martin Christopher
Seller's Agent
Bob Kalous
SKOGMAN REALTY
Buyer's Agent
Bob Kalous
SKOGMAN REALTY
List Price
$65,000
Sold Price
$42,500
Premium/Discount to List
-$22,500
-34.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Source: Public Records

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
Greased Elbow Investments Llc $60,000 None Available
Martin Christopher $42,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $60,000 -20.0% $57 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
07/19/2019 07/19/19 Price Changed $75,000 -6.3% $71 / Sq Ft
07/12/2019 07/12/19 Price Changed $80,000 0.0% $76 / Sq Ft
07/12/2019 07/12/19 For Sale $80,000 -5.9% $76 / Sq Ft
06/16/2019 06/16/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $85,000 +100.0% $81 / Sq Ft
09/26/2014 09/26/14 Sold $42,500 -34.6% $40 / Sq Ft
08/22/2014 08/22/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $65,000 -- $62 / 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 $2,024 $105,700 $31,900 $73,800
2022 $1,836 $96,000 $27,800 $68,200
2021 $1,774 $88,600 $27,800 $60,800
2020 $1,774 $80,400 $22,200 $58,200
2019 $1,380 $64,000 $22,200 $41,800
2018 $1,342 $64,000 $22,200 $41,800
2017 $1,514 $69,500 $22,200 $47,300
2016 $1,428 $67,200 $22,200 $45,000
2015 $1,518 $71,375 $22,200 $49,175
2014 $1,518 $73,491 $22,200 $51,291
2013 $1,530 $73,491 $22,200 $51,291
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1904056

Cedar Rapids Area Association of REALTORS®

APN: 14142-30010-00000