NOT LISTED FOR SALE

2705 Schaeffer Dr SW Cedar Rapids, IA 52404

Southwest Area Neighborhood

Estimated Value: $153,000 - $167,890

2 Beds
1 Bath
828 Sq Ft
$192/Sq Ft Est. Value

Last Sold August 17, 2016

Last sale price $109,500 $132 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,038/month

2 Days on Market

Highlights

  • 0.43 Acre Lot
  • 3 Car Detached Garage
  • Forced Air Cooling System
  • Deck
  • Eat-In Kitchen

About This Home

As of August 2016

This charming 1.5 story home sits on almost a half acre lot with an enormous 3 stall garage and long driveway! Backyard features a fire pit, and large deck that will make entertaining easy and enjoyable! Spacious eat-in kitchen with tile flooring, white cabinetry, and stainless steel refrigerator and oven.

Last Agent to Sell the Property

Emily Prahm

RE/MAX CONCEPTS Listed on: 07/11/2016

RE/MAX CONCEPTS

Co-Listed By

Mark Prahm

RE/MAX CONCEPTS

Last Buyer's Agent

Jody Pence

IOWA REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,074

Year Built

  • 1922

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 75 x 250

Parking

  • 3 Car Detached Garage

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 828 Sq Ft Home
  • 1.5-Story Property

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,074

Year Built

1922

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.4300
  • Above Grade Finished Sq Ft: 828
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2074
  • List User Cell Phone: 319-573-0486
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 2074
  • 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: 132.25
  • Total Sq Ft: 828
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1922

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer, Water Heater – Gas
  • Basement: Block, Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 1
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 3 Cars, Detached
  • Garage Size: 3 Car

Utilities

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

Schools

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

Lot Info

  • Lot Size: 75 X 250

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2016
Closed on
Aug 2, 2016
Sold by
Parvin Kayla A
Bought by
Mart Ethan J
Seller's Agent
Emily Prahm
RE/MAX CONCEPTS
Buyer's Agent
Jody Pence
IOWA REALTY
List Price
$109,500
Sold Price
$109,500
Current Estimated Value
$157,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,668
Avg. Annual Appreciation
3.72%

Purchase Details

Listed on
Feb 14, 2013
Closed on
Mar 14, 2013
Sold by
Wiesner Zachary L
Bought by
Parvin Kayla A
Seller's Agent
Steve Emig
SKOGMAN REALTY
Buyer's Agent
Emily Prahm
RE/MAX CONCEPTS
List Price
$102,000
Sold Price
$103,000
Premium/Discount to List
$1,000
0.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.82%
Original Mortgage
$92,700
Interest Rate
3.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 2, 2009
Sold by
Nehring Bryan J and Nehring Kayla M
Bought by
Wiesner Zachary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,261
Interest Rate
4.91%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 2005
Sold by
Pealer Michael G and Pealer Lynne
Bought by
Nehring Bryan J and Nielsen Kayla M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,925
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 15, 1999
Sold by
Pealer Michael G and Pealer Lynne
Bought by
Pealer Michael G and Pealer Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,750
Interest Rate
7.87%
Source: Public Records

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
Mart Ethan J -- None Available
Parvin Kayla A $103,000 None Available
Wiesner Zachary L $95,500 None Available
Nehring Bryan J $91,000 --
Pealer Michael G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parvin Kayla A $92,700
Previous Owner Wiesner Zachary L $94,261
Previous Owner Nehring Bryan J $86,925
Previous Owner Pealer Michael G $28,591
Previous Owner Pealer Michael G $66,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2016 08/17/16 Sold $109,500 0.0% $132 / Sq Ft
07/13/2016 07/13/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $109,500 +6.3% $132 / Sq Ft
03/29/2013 03/29/13 Sold $103,000 +1.0% $124 / Sq Ft
02/19/2013 02/19/13 Pending -- -- --
02/14/2013 02/14/13 For Sale $102,000 -- $123 / 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 $2,178 $143,600 $42,500 $101,100
2022 $2,136 $112,100 $34,400 $77,700
2021 $2,264 $112,100 $34,400 $77,700
2020 $2,264 $111,200 $32,400 $78,800
2019 $1,966 $99,700 $32,400 $67,300
2018 $1,906 $99,700 $32,400 $67,300
2017 $2,030 $97,500 $32,400 $65,100
2016 $2,030 $95,500 $32,400 $63,100
2015 $2,030 $98,713 $32,400 $66,313
2014 $1,916 $100,852 $32,400 $68,452
2013 $1,914 $100,852 $32,400 $68,452
Source: Public Records

Agents Affiliated with this Home

  • Emily Prahm

    Seller's Agent in 2016

    Emily Prahm

    RE/MAX

    (319) 573-0486

    1 in this area

    72 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2016

    Mark Prahm

    RE/MAX

    (319) 360-2317

    1 in this area

    47 Total Sales

    Section Image

  • J

    Buyer's Agent in 2016

    Jody Pence

    IOWA REALTY

    Section Image
  • Steve Emig

    Seller's Agent in 2013

    Steve Emig

    SKOGMAN REALTY

    (319) 389-1999

    1 in this area

    114 Total Sales

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1606633

Cedar Rapids Area Association of REALTORS®

APN: 14334-77014-00000

Iowa Linn County Cedar Rapids 52404 Southwest Area

2705 Schaeffer Dr SW, Cedar Rapids, IA

This home is located at 2705 Schaeffer Dr SW, Cedar Rapids, IA 52404 since 11 July 2016 and is currently estimated at $159,223, approximately $192 per square foot. This property was built in 1922. 2705 Schaeffer Dr SW is a home located in Linn County with nearby schools including Wilson Middle School, Thomas Jefferson High School, and Holy Family School St. Ludmila Center.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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