NOT LISTED FOR SALE

2625 12th Ave SW Unit A&B Cedar Rapids, IA 52404

Estimated Value: $140,000 - $161,000

5 Beds
2 Baths
1,743 Sq Ft
$86/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $101,500 $58 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,001/month

5 Days on Market

Highlights

  • 3 Car Detached Garage
  • Eat-In Kitchen
  • Forced Air Cooling System

About This Home

As of March 2020

This home is located at 2625 12th Ave SW Unit A&B, Cedar Rapids, IA 52404 since 13 February 2020 and is currently estimated at $150,500, approximately $86 per square foot. This property was built in 1923. 2625 12th Ave SW Unit A&B is a home located in Linn County with nearby schools including Cleveland Elementary School, Roosevelt Creative Corridor Business Academy, and Thomas Jefferson High School.

Last Agent to Sell the Property

Adam Green

Pinnacle Realty LLC Listed on: 02/13/2020

Pinnacle Realty LLC

Co-Listed By

Doug Mcallister

Pinnacle Realty LLC

Last Buyer's Agent

Jeremy Trenkamp

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,436

Year Built

  • 1923

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 110 x 156

Parking

  • 3 Car Detached Garage

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,743 Sq Ft Home
  • 1.5-Story Property
  • 1.75 Story Property
  • Basement
  • Block Basement Construction

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,436

Year Built

1923

Lot Details

0

Listing Details

  • Style: 1.5 Story, 1.75 Story
  • Acres: 0.3940
  • Above Grade Finished Sq Ft: 1743
  • Total Bathrooms: 2.00
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • List User Cell Phone: 319-721-3103
  • Miscellaneous: Home Warranty
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96667
  • Ratio Close Price By Original Li: 0.96667
  • Ratio Current Price By Sq Ft: 58.23
  • Total Sq Ft: 1743
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1923

Interior Features

  • Appliances Included: Range, Water Heater – Gas
  • Basement: Block
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 3
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, Detached

Utilities

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

Schools

  • Elementary School: Cleveland
  • Middle School: Roosevelt
  • High School: Jefferson

Lot Info

  • Lot Size: 110 X 156

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2022
Sold by
Osborn Alex W
Bought by
Royal Management Group Llc
Current Estimated Value
$150,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Outstanding Balance
$118,287
Interest Rate
7.08%
Mortgage Type
Credit Line Revolving
Estimated Equity
$32,213

Purchase Details

Listed on
Feb 13, 2020
Closed on
Mar 6, 2020
Sold by
Pinnacle Housing Of Lowa Llc
Bought by
Osborn Alex
Seller's Agent
Adam Green
Pinnacle Realty LLC
Buyer's Agent
Jeremy Trenkamp
Realty87
List Price
$105,000
Sold Price
$101,500
Premium/Discount to List
-$3,500
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%

Purchase Details

Closed on
Jun 26, 2013
Sold by
Manternach Kevin D and Manternach Nicole J
Bought by
Pinnacle Housing Of Iowa Llc

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
3.52%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 25, 2001
Sold by
Koehn Benjamin D
Bought by
Manternach Kevin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Interest Rate
6.8%

Purchase Details

Closed on
Jan 25, 1999
Sold by
Koehn Daniel E and Koehn Diana J
Bought by
Koehn Benjamin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
7.87%
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
Royal Management Group Llc $120,000 --
Osborn Alex $101,500 None Available
Pinnacle Housing Of Iowa Llc $105,000 None Available
Manternach Kevin D $94,500 --
Koehn Benjamin D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Royal Management Group Llc $124,000
Previous Owner Pinnacle Housing Of Iowa Llc $108,000
Previous Owner Manternach Kevin D $90,250
Previous Owner Koehn Benjamin D $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2020 03/13/20 Sold $101,500 -3.3% $58 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $105,000 -- $60 / 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 $2,436 $163,100 $47,900 $115,200
2024 $2,546 $137,600 $37,000 $100,600
2023 $2,546 $137,600 $37,000 $100,600
2022 $2,294 $120,700 $37,000 $83,700
2021 $2,386 $110,700 $30,500 $80,200
2020 $2,386 $108,100 $26,100 $82,000
2019 $2,216 $102,800 $26,100 $76,700
2018 $2,154 $102,800 $26,100 $76,700
2017 $2,160 $100,400 $26,100 $74,300
2016 $2,160 $101,600 $24,900 $76,700
2015 $2,246 $105,537 $24,948 $80,589
2014 $2,251 $105,537 $24,948 $80,589
2013 $3,077 $105,537 $24,948 $80,589
Source: Public Records

Agents Affiliated with this Home

  • Adam Green

    Seller's Agent in 2020

    Adam Green

    Pinnacle Realty LLC

    (319) 721-3103

    202 Total Sales

    Adam Green
    Section Image
  • Doug Mcallister

    Seller Co-Listing Agent in 2020

    Doug Mcallister

    Pinnacle Realty LLC

    (319) 350-9476

    58 Total Sales

    Doug Mcallister
    Section Image
  • Jeremy Trenkamp

    Buyer's Agent in 2020

    Jeremy Trenkamp

    Realty87

    (319) 270-1323

    828 Total Sales

    Jeremy Trenkamp
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2001229

Cedar Rapids Area Association of REALTORS®

APN: 14303-80003-00000

Iowa Linn County Cedar Rapids 52404

2625 12th Ave SW Unit A&B, Cedar Rapids, IA

This home is located at 2625 12th Ave SW Unit A&B, Cedar Rapids, IA 52404 since 13 February 2020 and is currently estimated at $150,500, approximately $86 per square foot. This property was built in 1923. 2625 12th Ave SW Unit A&B is a home located in Linn County with nearby schools including Cleveland Elementary School, Roosevelt Creative Corridor Business Academy, and Thomas Jefferson 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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