NOT LISTED FOR SALE

2818 Schultz Dr NW Cedar Rapids, IA 52405

Estimated Value: $171,000 - $205,000

3 Beds
2 Baths
1,890 Sq Ft
$99/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $145,500 $77 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,311/month

2 Days on Market

Highlights

  • Recreation Room with Fireplace
  • Ranch Style House
  • Eat-In Kitchen
  • John F. Kennedy High School Rated A-
  • 1 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of November 2021

Welcome to a peaceful neighborhood that is walking distance to Madison Elementary School and Shawnee Park! It has new appliances, hardwood floors, and a fantastic stone fireplace in the lower level along with brand new floors! The A/C is brand new and the water heater is less than 5 years old. With 3 bedrooms and 2 full baths, and a little sweat equity, this will make a great starter home! Come check it out today! Selling "As Is"

Last Agent to Sell the Property

Matt Smith

RE/MAX CONCEPTS Listed on: 10/11/2021

RE/MAX CONCEPTS

Co-Listed By

Alexis Kemp

RE/MAX CONCEPTS

Last Buyer's Agent

Ainsley Snyder

Keller Williams Legacy Group

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,076

Year Built

  • 1964

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • Recreation Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Basement

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

Utilities

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

Additional Features

  • Patio
  • Fenced

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,076

Year Built

1964

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1040
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 3076
  • List User Cell Phone: 319-431-5859
  • Low Lvl Fin Sq Ft: 850
  • Miscellaneous: Cable Ready, Fencing, Patio
  • Net Tax: 3076
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.07778
  • Ratio Close Price By Original Li: 1.07778
  • Ratio Current Price By Sq Ft: 139.90
  • Total Sq Ft: 1890
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1964

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Rec Room
  • Basement: Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Rec Room
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 1 Car, Detached

Utilities

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

Schools

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

Lot Info

  • Lot Size: Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Nov 21, 2021
Sold by
Wilson Jay and Scott Cynthia
Bought by
Schulte Travis M
Seller's Agent
Matt Smith
RE/MAX CONCEPTS
Buyer's Agent
Ainsley Snyder
Keller Williams Legacy Group
List Price
$135,000
Sold Price
$145,500
Premium/Discount to List
$10,500
7.78%
Total Days on Market
2
Current Estimated Value
$186,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,716
Avg. Annual Appreciation
7.24%
Original Mortgage
$142,864
Outstanding Balance
$132,548
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$53,668

Purchase Details

Closed on
May 24, 2017
Sold by
Wilson Cynthia Lynn and Scott Cindi
Bought by
Wilson Jay and Wilson Cynthia Lynn

Purchase Details

Closed on
Apr 18, 2000
Sold by
Scott Nickol L and Scott Cindi
Bought by
Scott Cindi
Source: Public Records

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Range of Values:

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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
Schulte Travis M $145,500 None Available
Wilson Family Trust -- None Listed On Document
Wilson Jay -- None Available
Scott Cindi -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Family Trust $142,864
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $145,500 +7.8% $77 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $135,000 -- $71 / 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 $3,196 $170,800 $29,600 $141,200
2022 $2,972 $151,500 $29,600 $121,900
2021 $3,076 $143,500 $26,800 $116,700
2020 $3,076 $139,400 $26,800 $112,600
2019 $2,716 $126,000 $22,600 $103,400
2018 $2,640 $126,000 $22,600 $103,400
2017 $2,702 $124,100 $22,600 $101,500
2016 $2,638 $124,100 $22,600 $101,500
2015 $2,566 $120,588 $22,560 $98,028
2014 $2,566 $119,828 $22,560 $97,268
2013 $2,496 $119,828 $22,560 $97,268
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2107061

Cedar Rapids Area Association of REALTORS®

APN: 14192-79010-00000