NOT LISTED FOR SALE

278 Miller Ave SW Cedar Rapids, IA 52404

Lincolnway Village Neighborhood

Estimated Value: $129,000 - $175,000

3 Beds
1 Bath
894 Sq Ft
$180/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $81,000 $91 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,057/month

16 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Patio
  • Prairie Ridge Elementary School Rated A-
  • Eat-In Kitchen
  • Fenced

About This Home

As of June 2022

INVESTOR OPPORTUNITY to restore and sell OR recover as a rental. Positioned on a dead end street, the neighborhood is low traffic and provides privacy while maintaining the convenience of urban living. Only 1 mile from Kirkwood Community College's main campus, and in the College Community School District. Slab layout provides comfortable, one-level living that is attractive to a wide variety of buyers and lifestyles. Large yard provides ample outdoor space and room for additions. Property sold AS-IS, and Seller will make no repairs. Utilities have been disconnected. Please contact Listing Agent for more information. This property may also be marketed via an auction event at https://www.xome.com (void where prohibited). The Seller will review offers submitted through the auction site as well as through the listing agent.

Last Agent to Sell the Property

Chris Terukina

RUHL & RUHL REALTORS® Listed on: 05/09/2022

RUHL & RUHL REALTORS®

Last Buyer's Agent

Victoria Torres

KW Advantage

KW Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,014

Year Built

  • 1955

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 72x208
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • 894 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Aluminum Siding

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas

Additional Features

  • Eat-In Kitchen
  • Laundry on main level
  • Patio

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,014

Year Built

1955

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.3440
  • Above Grade Finished Sq Ft: 894
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2014
  • List User Cell Phone: 319-431-3634
  • Miscellaneous: Fencing, Patio
  • Net Tax: 1820
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.15880
  • Ratio Close Price By Original Li: 1.15880
  • Ratio Current Price By Sq Ft: 90.60
  • Total Sq Ft: 894
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Additional Room: 1st Floor Laundry
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 1 Car, Detached

Utilities

  • Heating Cooling: Gas Heat, Window/Wall Air

Schools

  • Elementary School: College Comm
  • Middle School: College Comm
  • High School: College Comm

Lot Info

  • Lot Size: 72x208

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Jun 2, 2022
Sold by
Upland Mortgage Loan Trust
Bought by
Zamora Ivan Ruiz
Seller's Agent
Chris Terukina
RUHL & RUHL REALTORS®
Buyer's Agent
Victoria Torres
KW Advantage
List Price
$69,900
Sold Price
$81,000
Premium/Discount to List
$11,100
15.88%
Current Estimated Value
$160,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,972
Avg. Annual Appreciation
23.89%
Original Mortgage
$64,000
Outstanding Balance
$60,217
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$99,171
Source: Public Records

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
Zamora Ivan Ruiz $81,000 Klatt Law Firm Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zamora Ivan Ruiz $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $81,000 +15.9% $91 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $69,900 -- $78 / 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 $2,164 $129,500 $27,700 $101,800
2022 $2,092 $97,700 $23,800 $73,900
2021 $1,820 $96,300 $23,800 $72,500
2020 $1,820 $88,500 $19,800 $68,700
2019 $1,676 $83,200 $19,800 $63,400
2018 $1,624 $83,200 $19,800 $63,400
2017 $1,586 $79,000 $19,800 $59,200
2016 $1,593 $73,600 $19,800 $53,800
2015 $1,753 $81,436 $19,800 $61,636
2014 $1,404 $81,436 $19,800 $61,636
2013 $1,316 $81,436 $19,800 $61,636
Source: Public Records

Agents Affiliated with this Home

  • Chris Terukina

    Seller's Agent in 2022

    Chris Terukina

    Ruhl & Ruhl

    (319) 431-3634

    1 in this area

    81 Total Sales

    Section Image
  • Victoria Torres

    Buyer's Agent in 2022

    Victoria Torres

    KW Advantage

    (319) 440-4086

    1 in this area

    149 Total Sales

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2204097

Cedar Rapids Area Association of REALTORS®

APN: 19093-01004-00000

Iowa Linn County Cedar Rapids 52404 Lincolnway Village

278 Miller Ave SW, Cedar Rapids, IA

This home is located at 278 Miller Ave SW, Cedar Rapids, IA 52404 since 09 May 2022 and is currently estimated at $160,972, approximately $180 per square foot. This property was built in 1955. 278 Miller Ave SW is a home located in Linn County with nearby schools including Prairie Heights Elementary School, Prairie Crest Elementary School, and Prairie View Elementary 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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