2903 Otis Rd SE Cedar Rapids, IA 52403
Cedar Valley Neighborhood
5
Beds
2
Baths
1,701
Sq Ft
1.2
Acres
Highlights
- Deck
- Wooded Lot
- Eat-In Kitchen
- Recreation Room
- 2 Car Detached Garage
- Forced Air Cooling System
About This Home
As of August 2020You 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 Buyer's Agent
Beth Esch
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,732
Avg. Annual Appreciation
4.20%
Original Mortgage
$181,875
Outstanding Balance
$162,060
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$67,471
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
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $187,500 | None Available | |
| Deed | -- | -- | |
| Warranty Deed | $99,500 | -- | |
| Warranty Deed | $99,500 | -- | |
| Warranty Deed | $66,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $47,700 | Credit Line Revolving | |
| Closed | $30,000 | Credit Line Revolving | |
| Open | $181,875 | New Conventional | |
| Previous Owner | $155,138 | No Value Available | |
| Previous Owner | -- | No Value Available | |
| Previous Owner | $155,138 | FHA | |
| Previous Owner | $85,000 | Unknown | |
| Previous Owner | $48,039 | Unknown |
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
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
98 Total Sales
-
B
Buyer's Agent in 2020
Beth Esch
RE/MAX
-
S
Seller's Agent in 2016
Stefan Doerrfeld
Twenty40 Real Estate + Development
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2004817
APN: 14354-27018-00000
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Information is deemed reliable but not guaranteed.
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