$42,500
SOLD SEP 26, 2014

2617 1st Ave SE Cedar Rapids, IA 52402

3 Beds
2 Baths
1,054 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$40 Per Sq Ft

35% Below List Price

106 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Fenced
  • Formal Dining Room
  • Forced Air Cooling System

About This Home

As of August 2019

Investor alert or sweat equity buyer! 3 bedroom, 2 bath 1 3/4 story with detached 2 stall and off street parking just a few blocks from Cedar Rapids Country Club and on bus route. The roof, furnace, central air and hot water heater have been updated, the interior is where you come in! Needs interior updating simple as that. Sits on nice deep lot with fenced yard. Property sold as is. Great opportunity!

Last Agent to Sell the Property

Bob Kalous

SKOGMAN REALTY Listed on: 05/08/2014

SKOGMAN REALTY

Last Buyer's Agent

Bob Kalous

SKOGMAN REALTY Listed on: 05/08/2014

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Year Built

  • 1890

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,054 Sq Ft Home
  • 1.75 Story Property
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Utilities

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

Additional Features

  • Deck
  • Fenced

Home Details

Home Type

Single Family

Year Built

1890

Lot Details

0

Listing Details

  • Style: 1.75 Story
  • Above Grade Finished Sq Ft: 1054
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 1486
  • List User Cell Phone: 319-521-8000
  • Miscellaneous: Deck, Fencing
  • Net Tax: 1486
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.85000
  • Ratio Close Price By Original Li: 0.65385
  • Ratio Current Price By Sq Ft: 40.32
  • Total Sq Ft: 1054
  • Tax Roll Number: 141423001000000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1890

Interior Features

  • Appliances Included: Water Heater – Gas
  • 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: Level 2
  • Room Count: 7

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 2 Cars, Detached
  • Garage Size: 540

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
12.31%

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $60,000 None Available
Warranty Deed $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

  • B

    Seller's Agent in 2019

    Bob Kalous

    SKOGMAN REALTY

    (319) 521-8000

    82 Total Sales

    Bob Kalous
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1403139

Cedar Rapids Area Association of REALTORS®

APN: 14142-30010-00000

Iowa Linn County Cedar Rapids 52402

2617 1st Ave SE, Cedar Rapids, IA

This home is located at 2617 1st Ave SE, Cedar Rapids, IA 52402 and is currently priced at $42,500, approximately $40 per square foot. This property was built in 1890. 2617 1st Ave SE is a home located in Linn County with nearby schools including Arthur Elementary School, Franklin Middle School, 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.

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