NOT LISTED FOR SALE

Estimated Value: $98,000 - $149,000

1 Bed
1 Bath
724 Sq Ft
$162/Sq Ft Est. Value

Last Sold February 10, 2016

Last sale price $26,000 $36 Per Sq Ft

Est. 350% increase in value since last sale

Current estimated payment $778/month

108 Days on Market

Highlights

  • Ranch Style House
  • 3 Car Detached Garage
  • Forced Air Cooling System
  • Main Floor Primary Bedroom

About This Home

As of February 2016

Great starter home with a huge garage and nice sized lot. Perfect for starting out or as an investment. Home is located off Wilson Ave on Fruitland. HUD Case #161-251301 This property is managed by MMREM and is an exclusive listing. For more information please visit www.mmrem.com or www.hudhomestore.com. All offers are submitted on www.hudhomestore.com - disclosures and contract package can be found under the attachment tab on the website. HUD homes are sold "As Is". Seller highly recommends home inspections. Buyer will not receive keys at closing and buyer is responsible for rekey after close.

Last Listed By

Cherokee Render

Keller Williams Legacy Group Listed on: 09/26/2015

Home Details

Home Type

  • Single Family

Year Built

  • 1925

Lot Details

  • Lot Dimensions are 50 x 318

Parking

  • 3 Car Detached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 724 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Year Built

1925

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 724
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • City Name: Cedar Rapids
  • Gross Tax: 1852
  • List User Cell Phone: 319-573-8938
  • Net Tax: 1852
  • Other: Repo
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.86667
  • Ratio Close Price By Original Li: 0.65000
  • Ratio Current Price By Sq Ft: 35.91
  • Total Sq Ft: 724
  • Taxable Value Tv: 87000.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 1
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 4

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: Grant
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: 50 X 318

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2015
Closed on
Feb 5, 2016
Sold by
Secretary Of Housing And Urban Developme
Bought by
Meyer Carl
Seller's Agent
Cherokee Render
Keller Williams Legacy Group
Buyer's Agent
Cherokee Render
Keller Williams Legacy Group
List Price
$40,000
Sold Price
$26,000
Premium/Discount to List
-$14,000
-35%
Total Days on Market
108
Current Estimated Value
$116,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,949
Avg. Annual Appreciation
16.60%
Original Mortgage
$27,200
Interest Rate
3.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 26, 2015
Sold by
Bank Of America Na
Bought by
Housing And Urban Development Of Wash

Purchase Details

Closed on
Jan 13, 2015
Sold by
Grulkey John R and Lucas Rachel M
Bought by
Bank Of America Na

Purchase Details

Closed on
Jan 10, 2012
Sold by
Grulkey John R and Grulkey Robby
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Mar 19, 2009
Sold by
Houdek Cory S
Bought by
Grulkey John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,212
Interest Rate
5.2%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 2006
Sold by
Meader Ronald James
Bought by
Houdek Cory S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,310
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 29, 2003
Sold by
Gaal David E and Gaal Angela K
Bought by
Johnson Matthew P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,386
Interest Rate
6.02%
Mortgage Type
FHA

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
Meyer Carl -- None Available
Housing And Urban Development Of Wash -- --
Bank Of America Na $128,503 None Available
Bac Home Loans Servicing Lp -- None Available
Grulkey John R $86,000 None Available
Houdek Cory S $68,500 None Available
Johnson Matthew P $85,500 Midwest Community Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Meyer Carl $61,920
Closed Meyer Carl $27,200
Previous Owner Grulkey John R $79,212
Previous Owner Houdek Cory S $12,670
Previous Owner Houdek Cory S $58,310
Previous Owner Houdek Cory S $9,155
Previous Owner Meader Ronald J $56,500
Previous Owner Johnson Matthew P $84,386
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2016 02/10/16 Sold $26,000 -35.0% $36 / Sq Ft
01/12/2016 01/12/16 Pending -- -- --
09/26/2015 09/26/15 For Sale $40,000 -- $55 / 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 $1,556 $77,000 $25,300 $51,700
2022 $1,492 $73,800 $25,300 $48,500
2021 $1,470 $72,000 $25,300 $46,700
2020 $1,776 $66,600 $20,800 $45,800
2019 $1,768 $82,000 $17,900 $64,100
2018 $1,718 $82,000 $17,900 $64,100
2017 $1,686 $77,400 $17,900 $59,500
2016 $1,850 $87,000 $17,900 $69,100
2015 $1,850 $87,000 $17,850 $69,150
2014 $1,908 $87,000 $17,850 $69,150
2013 $1,087 $87,000 $17,850 $69,150
Source: Public Records

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Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1590513

Cedar Rapids Area Association of REALTORS®

APN: 14343-76014-00000