NOT LISTED FOR SALE

2801 Schultz Dr NW Cedar Rapids, IA 52405

Estimated Value: $136,000 - $181,359

3 Beds
1.5 Baths
1,200 Sq Ft
$140/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $112,500 $94 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,104/month

Highlights

  • Recreation Room
  • Raised Ranch Architecture
  • Forced Air Cooling System
  • John F. Kennedy High School Rated A-
  • 1 Car Attached Garage
  • Patio

About This Home

As of November 2022

This home is located at 2801 Schultz Dr NW, Cedar Rapids, IA 52405 since 14 October 2022 and is currently estimated at $168,090, approximately $140 per square foot. This property was built in 1966. 2801 Schultz Dr NW is a home located in Linn County with nearby schools including Madison Elementary School, Roosevelt Creative Corridor Business Academy, and John F. Kennedy High School.

Last Agent to Sell the Property

Rachael Ray

SKOGMAN REALTY Listed on: 10/14/2022

SKOGMAN REALTY

Last Buyer's Agent

Rachael Ray

SKOGMAN REALTY Listed on: 10/14/2022

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,647

Year Built

  • 1966

Home Design

  • Raised Ranch Architecture
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Combination Kitchen and Dining Room
  • Recreation Room
  • Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Patio
  • Lot Dimensions are 66 x 100

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,647

Year Built

1966

Lot Details

0

Listing Details

  • Style: Raised Ranch
  • Above Grade Finished Sq Ft: 900
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 2647
  • List User Cell Phone: 319-270-3104
  • Low Lvl Fin Sq Ft: 300
  • Miscellaneous: Cable Ready, Patio
  • Net Tax: 2461
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.90000
  • Ratio Close Price By Original Li: 0.90000
  • Ratio Current Price By Sq Ft: 125.00
  • Total Sq Ft: 1200
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1966

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: Rec Room
  • Basement: Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 2: 3
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Attached
  • Garage Size: 312

Utilities

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

Schools

  • Elementary School: Madison
  • Middle School: Roosevelt
  • High School: Kennedy

Lot Info

  • Lot Size: 66 X 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Nov 16, 2022
Sold by
Yenter Mallory Ann and Lucas Allen
Bought by
Nelson Properties & Mgmt Llc
Seller's Agent
Rachael Ray
SKOGMAN REALTY
Buyer's Agent
Rachael Ray
SKOGMAN REALTY
List Price
$125,000
Sold Price
$112,500
Premium/Discount to List
-$12,500
-10%
Views
3
Current Estimated Value
$168,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,590
Avg. Annual Appreciation
15.02%
Original Mortgage
$90,000
Outstanding Balance
$87,204
Interest Rate
6.94%
Mortgage Type
Credit Line Revolving
Estimated Equity
$80,886

Purchase Details

Listed on
Feb 26, 2016
Closed on
May 26, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Tipton Mallory
Seller's Agent
KATHY EIGHME
FUSION REALTORS
Buyer's Agent
Brandi McKenney
IOWA REALTY
List Price
$75,000
Sold Price
$72,000
Premium/Discount to List
-$3,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$70,695
Interest Rate
3.64%

Purchase Details

Closed on
Jan 19, 2016
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing And Urban Developme

Purchase Details

Closed on
Oct 20, 2015
Sold by
Lewis Randy G and Lewis Dawn M
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 21, 2001
Sold by
Anderson Brian S and Anderson Melissa A
Bought by
Lewis Randy G and Lewis Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,766
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 1999
Sold by
Norwest Bank Iowa National Assn
Bought by
Watson Steven B
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
Nelson Properties & Mgmt Llc $112,500 --
Tipton Mallory -- --
Secretary Of Housing And Urban Developme -- None Available
Wells Fargo Bank Na $91,883 None Available
Lewis Randy G $93,000 --
Watson Steven B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Properties & Mgmt Llc $90,000
Previous Owner Tipton Mallory $70,695
Previous Owner Tipton Mallory --
Previous Owner Lewis Randy G $92,766
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2022 11/17/22 Sold $112,500 -10.0% $94 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $125,000 +73.6% $104 / Sq Ft
05/31/2016 05/31/16 Sold $72,000 -4.0% $60 / Sq Ft
03/10/2016 03/10/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $75,000 -- $63 / 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 $2,550 $158,600 $37,500 $121,100
2024 $2,508 $151,300 $37,500 $113,800
2023 $2,508 $144,100 $32,800 $111,300
2022 $2,316 $127,800 $32,800 $95,000
2021 $2,480 $120,800 $29,700 $91,100
2020 $2,480 $121,000 $29,700 $91,300
2019 $2,034 $102,900 $25,000 $77,900
2018 $1,974 $102,900 $25,000 $77,900
2017 $2,300 $108,200 $25,000 $83,200
2016 $2,300 $108,200 $25,000 $83,200
2015 $2,300 $106,209 $25,023 $81,186
2014 $2,260 $106,209 $25,023 $81,186
2013 $2,212 $106,209 $25,023 $81,186
Source: Public Records

Agents Affiliated with this Home

  • Rachael Ray

    Seller's Agent in 2022

    Rachael Ray

    SKOGMAN REALTY

    (319) 270-3104

    187 Total Sales

    Rachael Ray
    Section Image

  • K

    Seller's Agent in 2016

    KATHY EIGHME

    FUSION REALTORS

    Section Image

  • B

    Buyer's Agent in 2016

    Brandi McKenney

    IOWA REALTY

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2209229

Cedar Rapids Area Association of REALTORS®

APN: 14192-79014-00000

Iowa Linn County Cedar Rapids 52405

2801 Schultz Dr NW, Cedar Rapids, IA

This home is located at 2801 Schultz Dr NW, Cedar Rapids, IA 52405 since 14 October 2022 and is currently estimated at $168,090, approximately $140 per square foot. This property was built in 1966. 2801 Schultz Dr NW is a home located in Linn County with nearby schools including Madison Elementary School, Roosevelt Creative Corridor Business Academy, and John F. Kennedy 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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