NOT LISTED FOR SALE

2903 Otis Rd SE Cedar Rapids, IA 52403

Cedar Valley Neighborhood

Estimated Value: $194,000 - $258,000

5 Beds
2 Baths
1,701 Sq Ft
$135/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $187,500 $110 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,518/month

1 Day on Market

Highlights

  • Deck
  • Wooded Lot
  • Eat-In Kitchen
  • Recreation Room
  • 2 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of August 2020

You will need to see this one to believe it, your own private, in-town acreage! This house features updates galore. A completely overhauled kitchen with custom tiled back splash and new butcher block island. The main floor bathroom has updated w a new sink, paint and fixtures. Almost every room in this home has been repainted! The lower level boasts a SECOND kitchen, rec room, 5th bedroom, 3 piece bathroom (toilet, sink & shower), laundry room, & a walkout to the 1.2 acre yard! There is a new lower deck off the walkout w a brand new concrete patio attached. Central air unit was replaced in June 2020. The main level deck will allow you to enjoy a drink while relaxing, watching the sun set, all the while feeling like you are in the country while still being in town! The family has loved this home & is now just waiting to turn it over to new owners so they can make their own memories! Call today for your private showing!

Last Agent to Sell the Property

Matt Ford

SKOGMAN REALTY Listed on: 07/01/2020

SKOGMAN REALTY

Last Buyer's Agent

Beth Esch

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,582

Year Built

  • 1957

Lot Details

  • 1.2 Acre Lot
  • Fenced
  • Wooded Lot

Home Design

  • Frame Construction
  • Slate

Interior Spaces

  • 1.5-Story Property
  • 1.75 Story Property
  • Living Room
  • Recreation Room

Kitchen

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

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Basement

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

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,582

Year Built

1957

Lot Details

0

Listing Details

  • Style: 1.5 Story, 1.75 Story
  • Acres: 1.2000
  • Above Grade Finished Sq Ft: 1344
  • Total Bathrooms: 2.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen
  • Gross Tax: 2582
  • List User Cell Phone: 319-270-8747
  • Low Lvl Fin Sq Ft: 357
  • Miscellaneous: Cable Ready, Deck, Fencing, Patio
  • Net Tax: 2398
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.01351
  • Ratio Close Price By Original Li: 1.01351
  • Ratio Current Price By Sq Ft: 139.51
  • Total Sq Ft: 1701
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: Living Room, Rec Room
  • Basement: Block, Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 2
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Site Description: In-Town Acrg, Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Slate

Garage/Parking

  • Garage/Parking: 2 Cars, Detached
  • Garage Size: 24X22

Utilities

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

Schools

  • Elementary School: Erskine
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 1.20 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Aug 19, 2020
Sold by
Toyne Kendra M and Dighton Strad V
Bought by
Foster Tyler J
Seller's Agent
Matt Ford
SKOGMAN REALTY
Buyer's Agent
Beth Esch
RE/MAX CONCEPTS
List Price
$185,000
Sold Price
$187,500
Premium/Discount to List
$2,500
1.35%
Current Estimated Value
$229,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,031
Avg. Annual Appreciation
2.97%
Original Mortgage
$181,875
Outstanding Balance
$163,498
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$52,776

Purchase Details

Listed on
May 26, 2016
Closed on
Aug 17, 2016
Sold by
Albert Lucas
Bought by
Toyne Kendra and Dighton Strad
Seller's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
Buyer's Agent
Matt Ford
SKOGMAN REALTY
List Price
$165,000
Sold Price
$158,000
Premium/Discount to List
-$7,000
-4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%
Original Mortgage
$155,138
Interest Rate
3.45%

Purchase Details

Closed on
Jun 30, 2004
Sold by
Javier Vincente D and Javier Rani G
Bought by
Lucas Albert T and Lucas Leslee A

Purchase Details

Closed on
Aug 30, 2003
Sold by
Wright Earl and Wright Shellee
Bought by
Javier Vicente D and Javier Rani G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.44%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 16, 2003
Sold by
Glass Theresa J
Bought by
Wright Earl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.44%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Foster Tyler J $187,500 None Available
Toyne Kendra -- --
Lucas Albert T $99,500 --
Javier Vicente D $99,500 --
Wright Earl $66,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Tyler J $30,000
Open Foster Tyler J $181,875
Previous Owner Toyne Kendra $155,138
Previous Owner Toyne Kendra --
Previous Owner Toyne Kendra M $155,138
Previous Owner Javier Vicente D $85,000
Previous Owner Wright Earl $48,039
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $187,500 +1.4% $110 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $185,000 +17.1% $109 / Sq Ft
08/12/2016 08/12/16 Sold $158,000 -4.2% $118 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $165,000 -- $123 / 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 $3,010 $153,700 $40,800 $112,900
2022 $2,752 $151,600 $40,800 $110,800
2021 $2,542 $141,800 $40,800 $101,000
2020 $2,542 $123,800 $30,500 $93,300
2019 $2,270 $113,800 $30,500 $83,300
2018 $2,202 $113,800 $30,500 $83,300
2017 $2,460 $112,400 $30,500 $81,900
2016 $2,460 $115,700 $30,500 $85,200
2015 $2,485 $115,849 $30,500 $85,349
2014 $2,466 $115,849 $30,500 $85,349
2013 $2,412 $115,849 $30,500 $85,349
Source: Public Records

Agents Affiliated with this Home

  • Matt Ford

    Seller's Agent in 2020

    Matt Ford

    SKOGMAN REALTY

    (319) 270-8747

    1 in this area

    100 Total Sales

    Matt Ford
    Section Image

  • B

    Buyer's Agent in 2020

    Beth Esch

    RE/MAX

    Section Image

  • S

    Seller's Agent in 2016

    Stefan Doerrfeld

    Twenty40 Real Estate + Development

    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2004817

Cedar Rapids Area Association of REALTORS®

APN: 14354-27018-00000

Iowa Linn County Cedar Rapids 52403 Cedar Valley

2903 Otis Rd SE, Cedar Rapids, IA

This home is located at 2903 Otis Rd SE, Cedar Rapids, IA 52403 since 01 July 2020 and is currently estimated at $229,531, approximately $134 per square foot. This property was built in 1957. 2903 Otis Rd SE is a home located in Linn County with nearby schools including Erskine Elementary School, McKinley STEAM Academy, and George Washington 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.

Nearby Homes