$58,750
SOLD NOV 15, 2024
2 Beds
1 Bath
892 Sq Ft
0.46 Acres

Recently Sold

$66 Per Sq Ft

22% Below List Price

10 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Family Room

About This Home

As of May 2025

This home is located at 2625 Otis Rd SE, Cedar Rapids, IA 52403 and is currently priced at $58,750, approximately $65 per square foot. This property was built in 1947. 2625 Otis Rd SE is a home located in Linn County with nearby schools including Erskine Elementary School, McKinley STEAM Academy, and George Washington High School.

Last Agent to Sell the Property

Melissa Redinbaugh

RE/MAX CONCEPTS Listed on: 10/07/2024

RE/MAX CONCEPTS

Last Buyer's Agent

Aaron Webber

Keller Williams Legacy Group

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 0.46 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 892 Sq Ft Home
  • Family Room
  • Partial Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Erskine Elementary School
  • Mckinley Middle School
  • Washington High School

Listing and Financial Details

  • Assessor Parcel Number 14352-77004-00000

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 0.457
  • Co List Office Phone: 319-393-0900
  • MLS Status: Closed
  • Directions: South on I-380 to Exit 20B, Keep on 7th St SE to Otis Rd SE, Take a Left on Otis Rd and Then a Right to Stay on Otis Rd. House on the Right
  • Above Grade Finished Sq Ft: 892.0
  • Architectural Style: Ranch
  • Reso Interior Features: Eat-in Kitchen, Main Level Primary
  • New Construction: No
  • ResoRoomType: Family Room
  • Year Built: 1947
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Construction Type: Frame, Vinyl Siding

Garage/Parking

  • Parking Features: None, Off Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Erskine
  • High School: Washington
  • Middle Or Junior School: McKinley

Lot Info

  • Lot Dimensions: 19,900
  • ResoLotSizeUnits: Acres
  • Parcel Number: 14352-77004-00000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2060.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2025
Closed on
May 23, 2025
Sold by
Rosche John
Bought by
Hartz Collin
Seller's Agent
Nonmember NONMEMBER
NONMEMBER
Buyer's Agent
Jenna Burt-Top Tier Home Team
Keller Williams Legacy Group
List Price
$121,000
Sold Price
$121,000
Views
74
Current Estimated Value
$120,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$668
Avg. Annual Appreciation
-2.19%
Original Mortgage
$117,370
Outstanding Balance
$117,170
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$3,162

Purchase Details

Listed on
Oct 7, 2024
Closed on
Nov 12, 2024
Sold by
Ingledue Marcia K and Mceowen Marcia Kay
Bought by
Rosche John
Seller's Agent
Melissa Redinbaugh
RE/MAX CONCEPTS
Buyer's Agent
Aaron Webber
Keller Williams Legacy Group
List Price
$75,000
Sold Price
$58,750
Premium/Discount to List
-$16,250
-21.67%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
290.87%
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 $121,000 None Listed On Document
Warranty Deed $121,000 None Listed On Document
Fiduciary Deed $59,000 None Listed On Document
Fiduciary Deed $59,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $117,370 New Conventional
Closed $117,370 New Conventional
Closed $0 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 For Sale $121,000 0.0% $136 / Sq Ft
05/29/2025 05/29/25 Sold $121,000 +106.0% $136 / Sq Ft
11/15/2024 11/15/24 Sold $58,750 -21.7% $66 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
10/07/2024 10/07/24 For Sale $75,000 -- $84 / 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
2024 $2,000 $116,400 $43,600 $72,800
2023 $2,000 $105,100 $38,200 $66,900
2022 $1,844 $103,700 $38,200 $65,500
2021 $1,680 $98,000 $38,200 $59,800
2020 $1,680 $84,700 $21,800 $62,900
2019 $1,498 $78,000 $21,800 $56,200
2018 $1,452 $78,000 $21,800 $56,200
2017 $1,448 $75,000 $21,800 $53,200
2016 $1,527 $71,900 $21,800 $50,100
2015 $1,447 $68,025 $21,800 $46,225
2014 $1,262 $68,025 $21,800 $46,225
2013 $1,230 $68,025 $21,800 $46,225
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2407007

Cedar Rapids Area Association of REALTORS®

APN: 14352-77004-00000