Seller's Agent in 2025
Jim Willmsen
RE/MAX
(319) 981-7653
1 in this area
69 Total Sales
2704 Otis Rd SE Cedar Rapids, IA 52403
Cedar Valley Neighborhood
3
Beds
1
Bath
1,338
Sq Ft
0.5
Acres
Highlights
- Recreation Room
- 1 Car Attached Garage
- Patio
- Raised Ranch Architecture
- Eat-In Kitchen
- Living Room
About This Home
As of July 2025*6/13/25 accepted offer taking back up offers until buyer contingencies released. Welcome to peace and quiet. Updated raised ranch on half acre lot. New roof with new carpet, plank and paint throughout. New updated bath, new updated kitchen with new cabinets, countertops & stainless appliances, spacious living room on main and large rec room in basement with roomy utility room. Private backyard with nature views. Seller is a licensed Realtor in the State of Iowa. Property disclosure on MLS attachments.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,492
Year Built
- Built in 1965
Parking
- 1 Car Attached Garage
Home Design
- Raised Ranch Architecture
- Ranch Style House
- Frame Construction
- Aluminum Siding
Interior Spaces
- Living Room
- Recreation Room
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Schools
- Erskine Elementary School
- Mckinley Middle School
- Washington High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Additional Features
- Patio
- 0.5 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 143515100200000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2025
Closed on
Jul 14, 2025
Sold by
Northwoods Holdings Llc Protected Series
Bought by
Hahn James S and Trejo Lisa
Seller's Agent
Jim Willmsen
RE/MAX CONCEPTS
Buyer's Agent
Arlene Heck
RE/MAX CONCEPTS
List Price
$245,000
Sold Price
$198,000
Premium/Discount to List
-$47,000
-19.18%
Views
212
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.98%
Original Mortgage
$192,060
Outstanding Balance
$192,060
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$7,776
Purchase Details
Closed on
Feb 11, 2025
Sold by
Linn County Sheriff
Bought by
Northwoods Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
7.04%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 19, 2022
Closed on
Aug 31, 2022
Sold by
Richard Krabacher Jeffrey
Bought by
Davidson Dorothy Ann
Seller's Agent
Doug Lemon
SKOGMAN REALTY
Buyer's Agent
Brandon Moore
Burrington Real Estate
List Price
$179,950
Sold Price
$162,500
Premium/Discount to List
-$17,450
-9.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$8,125
Interest Rate
5.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 10, 2003
Sold by
Sotelo Thomas R and Sotelo Mary Jean
Bought by
Krabacher Jeffery R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.44%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $198,000 | River Ridge Escrow | |
| Warranty Deed | $198,000 | River Ridge Escrow | |
| Sheriffs Deed | $128,001 | None Listed On Document | |
| Sheriffs Deed | $128,001 | None Listed On Document | |
| Fiduciary Deed | $162,500 | Security First Title | |
| Warranty Deed | $119,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $192,060 | New Conventional | |
| Closed | $192,060 | New Conventional | |
| Previous Owner | $159,556 | FHA | |
| Previous Owner | $96,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | Sold | $198,000 | -1.0% | $148 / Sq Ft |
| 06/30/2025 06/30/25 | Pending | -- | -- | -- |
| 06/02/2025 06/02/25 | Price Changed | $200,000 | -2.4% | $149 / Sq Ft |
| 05/20/2025 05/20/25 | Price Changed | $205,000 | -4.7% | $153 / Sq Ft |
| 05/09/2025 05/09/25 | Price Changed | $215,000 | -4.4% | $161 / Sq Ft |
| 04/29/2025 04/29/25 | Price Changed | $225,000 | -4.3% | $168 / Sq Ft |
| 04/21/2025 04/21/25 | Price Changed | $235,000 | -4.1% | $176 / Sq Ft |
| 04/16/2025 04/16/25 | For Sale | $245,000 | +50.8% | $183 / Sq Ft |
| 09/26/2022 09/26/22 | Sold | $162,500 | +1.6% | $121 / Sq Ft |
| 08/06/2022 08/06/22 | Pending | -- | -- | -- |
| 08/03/2022 08/03/22 | Price Changed | $159,950 | -11.1% | $120 / Sq Ft |
| 07/19/2022 07/19/22 | For Sale | $179,950 | -- | $134 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 | $2,492 | $176,800 | $55,100 | $121,700 |
| 2024 | $2,804 | $155,500 | $49,000 | $106,500 |
| 2023 | $2,804 | $140,800 | $42,800 | $98,000 |
| 2022 | $2,570 | $141,800 | $42,800 | $99,000 |
| 2021 | $2,460 | $133,000 | $42,800 | $90,200 |
| 2020 | $2,460 | $120,100 | $24,500 | $95,600 |
| 2019 | $2,186 | $109,900 | $24,500 | $85,400 |
| 2018 | $2,120 | $109,900 | $24,500 | $85,400 |
| 2017 | $2,303 | $107,600 | $24,500 | $83,100 |
| 2016 | $2,303 | $108,400 | $24,500 | $83,900 |
| 2015 | $2,111 | $99,230 | $24,476 | $74,754 |
| 2014 | $1,926 | $99,230 | $24,476 | $74,754 |
| 2013 | $1,880 | $99,230 | $24,476 | $74,754 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Willmsen
-
Arlene Heck
Buyer's Agent in 2025
Arlene Heck
RE/MAX
(319) 389-5544
1 in this area
107 Total Sales
-
Doug Lemon
Seller's Agent in 2022
Doug Lemon
SKOGMAN REALTY
(319) 363-8286
1 in this area
52 Total Sales
-
Brandon Moore
B
Buyer's Agent in 2022
Brandon Moore
Burrington Real Estate
(319) 202-4727
2 in this area
15 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2502708
APN: 14351-51002-00000
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Information is deemed reliable but not guaranteed.
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