NOT LISTED FOR SALE

2705 Schaeffer Dr SW Cedar Rapids, IA 52404

Southwest Area Neighborhood

Estimated Value: $156,899 - $171,000

2 Beds
1 Bath
828 Sq Ft
$198/Sq Ft Est. Value

Last Sold August 17, 2016

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

Est. 50% increase in value since last sale

Current estimated payment $1,060/month

2 Days on Market

Highlights

  • Deck
  • 3 Car Detached Garage
  • Forced Air Cooling System
  • Junction City Elementary School Rated A
  • 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

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
$164,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,725
Avg. Annual Appreciation
4.45%

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $66,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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
2025 $2,356 $140,500 $42,500 $98,000
2024 $2,178 $141,500 $42,500 $99,000
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

    61 Total Sales

    Emily Prahm
    Section Image

  • M

    Seller Co-Listing Agent in 2016

    Mark Prahm

    RE/MAX

    (319) 360-2317

    1 in this area

    40 Total Sales

    Mark Prahm
    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

    4 in this area

    116 Total Sales

    Steve Emig
    Section Image
See All Agents

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

Not Listed for Sale

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