NOT LISTED FOR SALE

2705 Matthew Dr SW Cedar Rapids, IA 52404

Estimated Value: $155,000 - $188,000

4 Beds
1.5 Baths
902 Sq Ft
$197/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $135,000 $150 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,234/month

13 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Eat-In Kitchen
  • Wood Burning Stove
  • 1 Car Attached Garage
  • Forced Air Cooling System

About This Home

As of October 2020

Enjoy fall evenings on the deck overlooking the backyard, or winter nights in the lower level rec room basking in the warmth of the wood burning stove. The upper level of this split-foyer home includes a large living room, 3 bedrooms, and an eat-in kitchen that opens to the deck. The many Westdale area dining and shopping options are nearby. Per FHA appraisal the total SQ FT living area is 902. Property available 08/28/2020. Bids due by 09/06/2020 11:59 PM CST then daily until sold. FHA Case #161-268745. Insured status is: Insured. Eligible for FHA 203K. “AS IS” HUD property sold by electronic bid only. For a property condition report, forms, disclosures & availability visit www.hudhomestore.com. For additional forms, updates, step-by-step videos and free photo list, please visit www.BLBResources.com. BLB Resources makes no warranty as to condition of property. Buyer and buyer agent to verify all information.

Last Listed By

Stuart Geiger

RUHL & RUHL REALTORS® Listed on: 08/28/2020

RUHL & RUHL REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,913

Year Built

  • 1972

Lot Details

  • 7,100 Sq Ft Lot
  • Lot Dimensions are 64.5x110
  • Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Split Foyer
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 902 Sq Ft Home
  • Wood Burning Stove
  • Recreation Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Outdoor Features

  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,913

Year Built

1972

Lot Details

0

Listing Details

  • Style: Split Foyer
  • Acres: 0.1630
  • Above Grade Finished Sq Ft: 902
  • Total Bathrooms: 1.10
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2913
  • List User Cell Phone: 319-540-6391
  • Miscellaneous: Deck, Fencing
  • Net Tax: 2724
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 149.67
  • Total Sq Ft: 902
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: Rec Room
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 3
  • Fireplace Features: Wood Burning Stove
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 7

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Attached
  • Garage Size: 264

Utilities

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

Schools

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

Lot Info

  • Lot Size: 64.5x110

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Oct 28, 2020
Sold by
Secretary Of Housing & Urban Development
Bought by
Smith Larry and Smith Sharon K
Seller's Agent
Stuart Geiger
RUHL & RUHL REALTORS®
Buyer's Agent
Summer Leffler
SKOGMAN REALTY
List Price
$135,000
Sold Price
$135,000
Total Days on Market
13
Current Estimated Value
$178,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,070
Avg. Annual Appreciation
7.48%
Original Mortgage
$128,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2020
Sold by
Yaney Margaret L
Bought by
Secretary Of Housing & Urban Development

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
Smith Larry -- None Available
Secretary Of Housing & Urban Development -- Servicelink
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Larry L $13,000
Closed Smith Larry L $128,250
Closed Smith Larry $128,250
Previous Owner Yancey Margaret L $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $135,000 0.0% $150 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $135,000 -- $150 / 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 $2,960 $166,800 $31,800 $135,000
2022 $2,742 $149,200 $31,800 $117,400
2021 $2,992 $141,300 $28,800 $112,500
2020 $2,992 $135,600 $24,300 $111,300
2019 $2,332 $126,700 $24,300 $102,400
2018 $2,262 $120,000 $24,300 $95,700
2017 $2,270 $116,000 $24,300 $91,700
2016 $2,343 $113,600 $24,300 $89,300
2015 $2,383 $115,309 $24,252 $91,057
2014 $2,198 $120,101 $24,252 $95,849
2013 $2,244 $120,101 $24,252 $95,849
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2006185

Cedar Rapids Area Association of REALTORS®

APN: 14312-77007-00000