NOT LISTED FOR SALE

2722 Franklin Ave NE Cedar Rapids, IA 52402

Estimated Value: $208,000 - $225,474

3 Beds
2 Baths
1,888 Sq Ft
$114/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $205,000 $109 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,442/month

2 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Forced Air Cooling System
  • Main Floor Primary Bedroom
  • 1 Car Attached Garage
  • Storage Shed

About This Home

As of June 2023

New mechanicals and beautiful updated kitchen with granite and farmhouse sink are just some of the upgrades in this new listing. 1st floor family room/dining room combo with wet bar and gas log fireplace look out over the impeccably maintained, fully fenced, oversized back yard. Basement waterproofed and ready to finish with a transferrable warranty.

Last Agent to Sell the Property

Amy Eaton

Keller Williams Legacy Group Listed on: 05/06/2023

Keller Williams Legacy Group

Last Buyer's Agent

Tim Nye

GRAF HOME SELLING TEAM & ASSOCIATES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,212

Year Built

  • 1951

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 64x190

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,888 Sq Ft Home
  • 1.5-Story Property
  • 1.75 Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Storage Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,212

Year Built

1951

Lot Details

0

Listing Details

  • Style: 1.5 Story, 1.75 Story
  • Acres: 0.2800
  • Above Grade Finished Sq Ft: 1888
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 4212
  • List User Cell Phone: 319-981-5784
  • Miscellaneous: Cable Ready, Deck, Storage Shed
  • Net Tax: 4027
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.07895
  • Ratio Close Price By Original Li: 1.07895
  • Ratio Current Price By Sq Ft: 108.58
  • Total Sq Ft: 1888
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 2
  • Fireplace Features: Built In, Family Room, Gas
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 1 Car, Attached

Utilities

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

Schools

  • Elementary School: Arthur
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: 64x190

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2023
Closed on
Jun 19, 2023
Sold by
Gray Richard R and Gray Carolyn S
Bought by
Kacik Jacob Schaeffer Ho
Seller's Agent
Amy Eaton
Keller Williams Legacy Group
Buyer's Agent
Tim Nye
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$190,000
Sold Price
$205,000
Premium/Discount to List
$15,000
7.89%
Views
100
Current Estimated Value
$215,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,869
Avg. Annual Appreciation
2.30%
Original Mortgage
$40,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2014
Closed on
Aug 7, 2014
Sold by
Osterkamp Andrew L and Osterkamp Amber
Bought by
Gray Richard R and Gray Carolyn S
Seller's Agent
Lana Baldus
SKOGMAN REALTY
Buyer's Agent
Judy Razor
SKOGMAN REALTY
List Price
$139,900
Sold Price
$139,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%
Original Mortgage
$90,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2008
Sold by
Deutsche Bank Trust Co Americas
Bought by
Schwenker Amber and Osterkamp Andrew L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,800
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2003
Sold by
Forbes Paul A and Forbes Chriss P
Bought by
Forbes Paul A and Forbes Chriss P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
5.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 29, 2000
Sold by
Thomas C W and Thomas Janet E
Bought by
Forbes Paul A and Nankival Chriss P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,900
Interest Rate
7.86%
Mortgage Type
Balloon
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
Kacik Jacob Schaeffer Ho $205,000 None Listed On Document
Gray Richard R $140,000 None Available
Schwenker Amber $123,000 None Available
Forbes Paul A -- All American Escrow & Title
Forbes Paul A $118,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kacik Jacob Schaeffer Ho $40,000
Open Kacik Jacob Schaeffer Ho $160,000
Previous Owner Gray Richard R $90,000
Previous Owner Schwenker Amber $98,800
Previous Owner Forbes Paul A $167,000
Previous Owner Forbes Paul A $83,900
Closed Forbes Paul A $35,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $205,000 +7.9% $109 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
05/06/2023 05/06/23 For Sale $190,000 +35.8% $101 / Sq Ft
08/08/2014 08/08/14 Sold $139,900 0.0% $74 / Sq Ft
06/05/2014 06/05/14 Pending -- -- --
05/22/2014 05/22/14 For Sale $139,900 -- $74 / 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 $3,564 $220,200 $43,600 $176,600
2024 $3,564 $218,100 $40,100 $178,000
2023 $3,536 $201,400 $40,100 $161,300
2022 $3,470 $176,500 $33,100 $143,400
2021 $3,744 $176,500 $33,100 $143,400
2020 $3,744 $178,300 $29,600 $148,700
2019 $3,490 $170,400 $29,600 $140,800
2018 $3,388 $170,400 $29,600 $140,800
2017 $3,623 $170,800 $29,600 $141,200
2016 $3,623 $170,500 $27,900 $142,600
2015 $3,515 $165,209 $27,904 $137,305
2014 $3,330 $167,121 $28,416 $138,705
2013 $3,294 $167,121 $28,416 $138,705
Source: Public Records

Agents Affiliated with this Home

  • Amy Eaton

    Seller's Agent in 2023

    Amy Eaton

    Keller Williams Legacy Group

    (319) 981-5784

    76 Total Sales

    Amy Eaton
    Section Image

  • T

    Buyer's Agent in 2023

    Tim Nye

    GRAF HOME SELLING TEAM & ASSOCIATES

    58 Total Sales

    Tim Nye
    Section Image
  • Lana Baldus

    Seller's Agent in 2014

    Lana Baldus

    SKOGMAN REALTY

    (319) 721-2580

    41 Total Sales

    Lana Baldus
    Section Image

  • J

    Buyer's Agent in 2014

    Judy Razor

    SKOGMAN REALTY

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2302859

Cedar Rapids Area Association of REALTORS®

APN: 14151-02019-00000

Iowa Linn County Cedar Rapids 52402

2722 Franklin Ave NE, Cedar Rapids, IA

This home is located at 2722 Franklin Ave NE, Cedar Rapids, IA 52402 since 06 May 2023 and is currently estimated at $215,869, approximately $114 per square foot. This property was built in 1951. 2722 Franklin Ave NE is a home located in Linn County with nearby schools including Arthur Elementary School, Franklin Middle School, and George Washington High School.

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.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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