NOT LISTED FOR SALE

2625 Matthew Dr SW Cedar Rapids, IA 52404

Estimated Value: $194,000 - $251,000

3 Beds
2 Baths
1,688 Sq Ft
$135/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $240,000 $142 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,486/month

14 Days on Market

Highlights

  • Wood Burning Stove
  • Forced Air Cooling System
  • Combination Kitchen and Dining Room
  • Ranch Style House
  • Patio
  • Satellite Dish

About This Home

As of July 2024

**ACCEPTED OFFER 5/23/24, ENCOURAGING BACKUP OFFERS** Welcome to this adorable ranch style home in a quiet SW neighborhood. This home has a great use of space! Enjoy newer appliances that stay with the home (see disclosure) in the kitchen/dining combo, large enough for a table and chairs. The living room has a great layout for arranging furniture, no waste of space here! 3 main level bedrooms with deeper closets than your typical ranch style home, and a double vanity full bathroom. Going down to the basement you will see where the true value of this home awaits. An awesome finished extra non-conforming room with adjacent second full bathroom. Great space for guest to enjoy, make it your new remote office, or hobby area! Laundry facilities are located just around the corner with a newer washer and dryer purchased within the year, also staying with the home. Finished basement includes a woodburning stove (see disclosure) with space for a bar, pool table, workout room, or additional family room. The best part about his home is the newer built garage, storage shed, retaining wall and newly poured concrete. Such a beautiful back yard with pretty landscaping. Electricity was added for an electric grill, patio light, or radio for relaxing and entertaining located in the patio area and 2 new solar outlets at the front of the home. Get with your realtor to see this home today!

Last Agent to Sell the Property

Karra Garcia

Pinnacle Realty LLC Listed on: 05/09/2024

Pinnacle Realty LLC

Last Buyer's Agent

Scott Rosekrans

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,357

Year Built

  • 1974

Lot Details

  • 7,100 Sq Ft Lot

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Wood Burning Stove
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Gas Water Heater
  • Satellite Dish

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,357

Year Built

1974

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1630
  • Above Grade Finished Sq Ft: 988
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 3357
  • List User Cell Phone: 319-961-5143
  • Low Lvl Fin Sq Ft: 700
  • Miscellaneous: Patio, Satellite Dish, Storage Shed
  • Net Tax: 3357
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96386
  • Ratio Close Price By Original Li: 0.94862
  • Ratio Current Price By Sq Ft: 242.91
  • Total Sq Ft: 1688
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Non Egress-Ll Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Fireplace Features: Wood Burning Stove
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 7

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars
  • Garage Size: 528

Utilities

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

Schools

  • Elementary School: Van Buren
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: 7,095.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jul 1, 2024
Sold by
Neff-Letts Lisa and Letts Roger
Bought by
Brueck Timothy M and Lancaster Brenda W
Seller's Agent
Karra Garcia
Pinnacle Realty LLC
Buyer's Agent
Scott Rosekrans
RE/MAX CONCEPTS
List Price
$253,000
Sold Price
$240,000
Premium/Discount to List
-$13,000
-5.14%
Views
47
Current Estimated Value
$228,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,641
Avg. Annual Appreciation
-3.93%

Purchase Details

Listed on
Jun 12, 2023
Closed on
Aug 5, 2023
Sold by
Hill Cort M and Hill Trisha C
Bought by
Neff-Letts Lisa and Letts Roger
Seller's Agent
Cheri Hill
Keller Williams Legacy Group
Buyer's Agent
Joni Long
Realty87
List Price
$220,000
Sold Price
$221,000
Premium/Discount to List
$1,000
0.45%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%
Original Mortgage
$150,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 1, 2015
Closed on
Oct 7, 2015
Sold by
Sebring Jeffrey P and Sebring Jamie L
Bought by
Hill Cort M and Troendle Trisha C
Seller's Agent
Rita Kenney
Realty87
Buyer's Agent
Cheri Hill
Keller Williams Legacy Group
List Price
$134,000
Sold Price
$128,500
Premium/Discount to List
-$5,500
-4.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$102,800
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2004
Sold by
Rodenkirk Joseph R and Rodenkirk Denise K
Bought by
Sebring Jeffrey P and Rodenkirk Jamie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
5.46%
Mortgage Type
New Conventional
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
Brueck Timothy M $240,000 None Listed On Document
Neff-Letts Lisa $221,000 None Listed On Document
Hill Cort M $128,500 None Available
Sebring Jeffrey P $111,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neff-Letts Lisa $150,000
Previous Owner Hill Cort M $102,800
Previous Owner Sebring Jeffrey P $106,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $240,000 -3.6% $142 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
05/12/2024 05/12/24 Price Changed $249,000 -1.6% $148 / Sq Ft
05/09/2024 05/09/24 For Sale $253,000 +14.5% $150 / Sq Ft
08/07/2023 08/07/23 Sold $221,000 +0.5% $131 / Sq Ft
06/15/2023 06/15/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $220,000 +71.2% $130 / Sq Ft
10/08/2015 10/08/15 Sold $128,500 -4.1% $76 / Sq Ft
09/05/2015 09/05/15 Pending -- -- --
09/01/2015 09/01/15 For Sale $134,000 -- $79 / 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 $3,304 $203,000 $37,900 $165,100
2024 $3,218 $187,700 $33,300 $154,400
2023 $3,218 $186,700 $31,800 $154,900
2022 $2,630 $161,400 $31,800 $129,600
2021 $2,824 $135,900 $28,800 $107,100
2020 $2,824 $136,600 $24,300 $112,300
2019 $2,532 $126,000 $24,300 $101,700
2018 $2,458 $126,000 $24,300 $101,700
2017 $2,405 $116,800 $24,300 $92,500
2016 $2,405 $113,200 $24,300 $88,900
2015 $2,515 $118,198 $24,252 $93,946
2014 $2,330 $118,198 $24,252 $93,946
2013 $2,276 $118,198 $24,252 $93,946
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2403165

Cedar Rapids Area Association of REALTORS®

APN: 14312-77006-00000