$56,000
SOLD FEB 19, 2014

2812 3rd Ave SE Cedar Rapids, IA 52403

3 Beds
1 Bath
824 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$68 Per Sq Ft

7% Below List Price

14 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • Forced Air Cooling System

About This Home

As of October 2019

This cute home is perfect for starting out and has a lot to offer with a fenced yard, enclosed back porch, attached garage and central air. Property sold in "as-is" condition. . No subject to sale of homes. Buyer must provide proof of financing or a bank letter proving cash. All earnest money must be certified funds. Please allow 48-72 hrs for offer response This property is eligible under the Freddie Mac First Look Initiative through 12/18/13. Owner occupant offers only the first 15 days of listing. Investor offers considered after 15th day.

Last Agent to Sell the Property

Cherokee Render

Keller Williams Legacy Group Listed on: 12/04/2013

Last Buyer's Agent

Nikki Smith

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Year Built

  • 1939

Lot Details

  • Lot Dimensions are 50 x 70

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 824 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Year Built

1939

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 824
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Gross Tax: 1797
  • List User Cell Phone: 319-573-8938
  • Net Tax: 1652
  • Other: Repo
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.02004
  • Ratio Close Price By Original Li: 0.93489
  • Ratio Current Price By Sq Ft: 67.96
  • Total Sq Ft: 824
  • Tax Roll Number: 141420201100000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1939

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 1
  • 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, Attached

Utilities

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

Schools

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

Lot Info

  • Lot Size: 50 X 70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2019
Closed on
Oct 7, 2019
Sold by
Des Enterprises Llc
Bought by
Rutledge Jennifer
Seller's Agent
Michelle David
Pinnacle Realty LLC
Buyer's Agent
Victoria Torres
KW Advantage
List Price
$140,000
Sold Price
$138,000
Premium/Discount to List
-$2,000
-1.43%
Current Estimated Value
$181,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,769
Avg. Annual Appreciation
4.87%
Original Mortgage
$135,500
Outstanding Balance
$120,005
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$61,454

Purchase Details

Closed on
Sep 10, 2018
Sold by
Des Enterprises Llc
Bought by
Alderman Joseph E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,665
Interest Rate
8.2%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Listed on
Dec 4, 2013
Closed on
Jan 16, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Des Enterprises Llc
Seller's Agent
Cherokee Render
Keller Williams Legacy Group
Buyer's Agent
Nikki Smith
SKOGMAN REALTY
List Price
$59,900
Sold Price
$56,000
Premium/Discount to List
-$3,900
-6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%
Original Mortgage
$59,000
Interest Rate
4.45%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 30, 2013
Sold by
Bartels James A and Bartels Tina L
Bought by
Citimortgage Inc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $138,000 First American Mortgage Sln
Land Contract $62,488 None Available
Special Warranty Deed -- None Available
Sheriffs Deed $80,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,439 FHA
Open $135,500 FHA
Previous Owner $54,665 Land Contract Argmt. Of Sale
Previous Owner $59,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $138,000 0.0% $114 / Sq Ft
09/06/2019 09/06/19 Pending -- -- --
08/30/2019 08/30/19 Price Changed $138,000 -1.4% $114 / Sq Ft
08/16/2019 08/16/19 For Sale $140,000 +150.0% $116 / Sq Ft
02/19/2014 02/19/14 Sold $56,000 -6.5% $68 / Sq Ft
12/18/2013 12/18/13 Pending -- -- --
12/04/2013 12/04/13 For Sale $59,900 -- $73 / 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 $3,292 $178,400 $16,800 $161,600
2022 $2,984 $156,100 $16,800 $139,300
2021 $3,028 $144,000 $16,800 $127,200
2020 $3,028 $137,200 $14,200 $123,000
2019 $2,088 $96,900 $13,400 $83,500
2018 $1,898 $96,900 $13,400 $83,500
2017 $1,898 $96,800 $13,400 $83,400
2016 $2,112 $99,400 $13,400 $86,000
2015 $2,073 $96,000 $13,400 $82,600
2014 $2,042 $93,522 $13,400 $80,122
2013 $2,021 $93,522 $13,400 $80,122
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1307928

Cedar Rapids Area Association of REALTORS®

APN: 14142-02011-00000