NOT LISTED FOR SALE

2740 Franklin Ave NE Cedar Rapids, IA 52402

Estimated Value: $177,000 - $202,307

3 Beds
2 Baths
1,635 Sq Ft
$117/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $143,000 $87 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,275/month

36 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Fenced Yard
  • Park
  • Bonus Room
  • Patio
  • Laundry Room

About This Home

As of September 2017

This property at 2740 Franklin Ave NE features 3 bedrooms and 2 bathrooms within a spacious 1,751 square feet. The living room offers ample space for relaxation. The kitchen is equipped with necessary appliances and provides easy access to the dining area. Each bathroom includes a tub/shower for convenience. The bedrooms are designed to accommodate various furniture arrangements, ensuring a comfortable living environment. Additional amenities include storage space and an in-unit washer and dryer for laundry needs. The exterior of the property features a manageable fenced in backyard, suitable for outdoor activities.
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Last Agent to Sell the Property

Kacee Bell

Morrison Bell, Realtors Listed on: 08/15/2017

Co-Listed By

Jason Thrasher

Morrison Bell, Realtors

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,166

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 65x140
  • Fenced Yard
  • Level Lot

Parking

  • 1 Parking Space

Interior Spaces

  • Combination Dining and Living Room
  • Bonus Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction
  • Laundry in Basement

Outdoor Features

  • Patio

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 14151-02022

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,166

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1635
  • Homebuilder: O
  • Owner Name L F Mi: LYNCH, BRADLEY
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Year Built: 1950
  • Tax Year Report: 2016
  • Subdivision: O
  • Directions: 380 to Cedar Rapids. Take exit 22 turn right on 29th St NE and follow down about mile & half then turn right on Franklin Ave.
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • Amenities: Park, Sidewalks, Street Lights, Close to Shopping, Close to School
  • Basement Remarks: Block, Sump Pump, Full
  • Fireplace Type Location: None
  • Kitchen Breakfast R: None
  • Lot Description R: Less than .5 Acre, Level
  • Possession R: Immediate
  • Possible Finance R: Cash, Conventional
  • Remarks2: You will fall in love with this cute ranch home with modern updates throughout! Attic finished with bamboo flooring great for bedroom or just extra living space. Furnace & Ac new 2014, newer roof & some windows. Basement is immaculate with full bath and great storage space. Spacious fenced in back yard. Short walk to park & elementary school.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Upper: 1
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1335
  • Total Full Baths: 2
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 300
  • Laundry Location: Laundry Room, Basement
  • Mstr Br Level: Main
  • Number of Lower Level Full Bathrooms: 1

Exterior Features

  • ExteriorFeatures: Fenced Yard, Patio

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Gas, Central, Forced Air

Condo/Co-op/Association

  • Fees Include: None

Schools

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

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: 65X140
  • Zoning: RES

Tax Info

  • Gross Tax County City: 2970
  • Assessor Parcel Number: 14151-02022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2021
Sold by
Aqc Property Management Llc
Bought by
Iowa Single Family Llc
Current Estimated Value
$190,577

Purchase Details

Listed on
Aug 15, 2017
Closed on
Sep 23, 2017
Sold by
Lynch Bradley T
Bought by
Aqc Property Management Llc
Seller's Agent
Kacee Bell
Morrison Bell, Realtors
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$152,500
Sold Price
$143,000
Premium/Discount to List
-$9,500
-6.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.66%

Purchase Details

Listed on
Sep 19, 2015
Closed on
Nov 29, 2015
Sold by
Szymanowski Lee Ann
Bought by
Lynch Bradley T
Seller's Agent
Carole Benson
RUHL & RUHL REALTORS®
Buyer's Agent
Ben Gatton
PRK Williams Realty
List Price
$152,950
Sold Price
$145,000
Premium/Discount to List
-$7,950
-5.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.76%

Purchase Details

Listed on
Apr 23, 2014
Closed on
Jun 10, 2014
Sold by
Ramstead Gregory and Ramstead Karen
Bought by
Szymanowski Lee Ann
Seller's Agent
Curtis Cleveland
Realty87
Buyer's Agent
Carole Benson
RUHL & RUHL REALTORS®
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$130,500
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 22, 2013
Closed on
Dec 10, 2013
Sold by
The Secretary Of Veterans Affairs
Bought by
Ramstead Gregory and Ramstead Karen
Seller's Agent
Teri Kelchen
MAVERICK REALTY
Buyer's Agent
Curtis Cleveland
Realty87
List Price
$63,394
Sold Price
$66,600
Premium/Discount to List
$3,206
5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
405.76%

Purchase Details

Closed on
Apr 18, 2013
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Va

Purchase Details

Closed on
Apr 4, 2013
Sold by
Myers Gary D and Myers Linda K
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 9, 2003
Sold by
Adams Michael S and Adams Shelly S
Bought by
Myers Gary D and Myers Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,150
Interest Rate
5.78%
Mortgage Type
VA
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
Iowa Single Family Llc $145,000 None Available
Aqc Property Management Llc -- None Available
Lynch Bradley T $145,000 None Available
Szymanowski Lee Ann $145,000 None Available
Ramstead Gregory $666,000 None Available
The Secretary Of Va -- None Available
Wells Fargo Bank Na $103,552 None Available
Myers Gary D $110,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Szymanowski Lee Ann $130,500
Previous Owner Myers Gary D $113,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2024 11/19/24 Off Market $1,495 -- --
10/16/2024 10/16/24 For Rent $1,495 0.0% --
09/29/2017 09/29/17 Sold $143,000 -6.2% $87 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $152,500 +5.2% $93 / Sq Ft
11/30/2015 11/30/15 Sold $145,000 -5.2% $68 / Sq Ft
10/18/2015 10/18/15 Pending -- -- --
09/19/2015 09/19/15 For Sale $152,950 +5.5% $72 / Sq Ft
06/12/2014 06/12/14 Sold $145,000 0.0% $85 / Sq Ft
04/26/2014 04/26/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $145,000 +117.7% $85 / Sq Ft
12/20/2013 12/20/13 Sold $66,600 +5.1% $50 / Sq Ft
10/27/2013 10/27/13 Pending -- -- --
10/22/2013 10/22/13 For Sale $63,394 -- $47 / Sq Ft
Source: Iowa City 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 $3,166 $194,700 $40,600 $154,100
2024 $3,254 $185,400 $37,400 $148,000
2023 $3,254 $178,900 $37,400 $141,500
2022 $3,064 $154,300 $30,900 $123,400
2021 $3,144 $147,900 $30,900 $117,000
2020 $3,144 $142,500 $27,600 $114,900
2019 $2,940 $136,400 $27,600 $108,800
2018 $2,676 $136,400 $27,600 $108,800
2017 $2,768 $135,600 $27,600 $108,000
2016 $2,947 $138,700 $26,000 $112,700
2015 $2,762 $119,716 $26,000 $93,716
2014 $2,362 $121,192 $26,520 $94,672
2013 $2,524 $121,192 $26,520 $94,672
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20174601

Iowa City Area Association of REALTORS®

APN: 14151-02022-00000