NOT LISTED FOR SALE

2903 Otis Rd SE Cedar Rapids, IA 52403

Cedar Valley Neighborhood

Estimated Value: $200,000 - $231,194

5 Beds
2 Baths
1,701 Sq Ft
$130/Sq Ft Est. Value

Sale Details

Date Sold: August 21, 2020

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

Est. 17% increase in value since last sale

Current estimated payment $1,421 / mo

1 Day on Market

Highlights

  • 1.2 Acre Lot
  • Recreation Room
  • 2 Car Detached Garage
  • Deck
  • Wooded Lot
  • Eat-In Kitchen

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

1.2 Acres

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

Lot Info

  • Lot Size: 1.20 Acre

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2026
Sold by
Bought by
Current Estimated Value
$220,299

Purchase Details

Listed on
Jul 1, 2020
Closed on
Aug 19, 2020
Sold by
Bought by
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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%
Original Mortgage
$181,875
Interest Rate
0.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2004
Sold by
Bought by

Purchase Details

Closed on
Aug 30, 2003
Sold by
Bought by

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
0.0644%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 16, 2003
Sold by
Bought by

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
0.0644%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$17,500 None Listed On Document
$187,500 None Available
$99,500 --
$99,500 --
$66,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $47,700
Previous Owner $30,000
Previous Owner $181,875
Previous Owner $155,138
Previous Owner $85,000
Previous Owner $48,039
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,534 $179,700 $40,800 $138,900
2024 $3,010 $163,600 $40,800 $122,800
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

    90 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
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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

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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