NOT LISTED FOR SALE

2904 12th Ave SW Cedar Rapids, IA 52404

Estimated Value: $156,000 - $188,660

2 Beds
2 Baths
1,244 Sq Ft
$138/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $161,000 $129 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,168/month

2 Days on Market

About This Home

As of June 2023

Opportunity awaits at this charming 1.5 story situated on over a 1/2 acre lot with a two stall garage! Put your finishing touches on this nice home with lots of high ticket items already done including new siding, furnace, A/C and water heater. Bathrooms have been updated as well! Location offers easy access to shopping and restaurants. Sold "as-is" Don't miss it! Seller requests 24 hr offer response time.

Last Agent to Sell the Property

Karl Hoffman

SKOGMAN REALTY COMMERCIAL Listed on: 05/10/2023

SKOGMAN REALTY COMMERCIAL

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,236

Year Built

  • 1948

Lot Details

  • 0.59 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Basement
  • Block Basement Construction
  • Range

Bedrooms and Bathrooms

  • Primary Bedroom located in the basement

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,236

Year Built

1948

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.5920
  • Above Grade Finished Sq Ft: 744
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Gross Tax: 2236
  • List User Cell Phone: 319-573-4509
  • Low Lvl Fin Sq Ft: 500
  • Net Tax: 2236
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.07369
  • Ratio Close Price By Original Li: 1.07369
  • Ratio Current Price By Sq Ft: 216.40
  • Total Sq Ft: 1244
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Appliances Included: Dryer, Range, Refrigerator, Washer, Water Heater – Gas
  • Basement: Block
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 2: 1
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Lower Level

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached

Utilities

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

Schools

  • Elementary School: Cleveland
  • Middle School: Roosevelt
  • High School: Jefferson

Lot Info

  • Lot Size: .592 Acre

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Jun 16, 2023
Sold by
Shaer Thomas C
Bought by
Omar Ali and Omar Madeline D
Seller's Agent
Karl Hoffman
SKOGMAN REALTY COMMERCIAL
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$149,950
Sold Price
$161,000
Premium/Discount to List
$11,050
7.37%
Views
68
Current Estimated Value
$171,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,165
Avg. Annual Appreciation
2.61%
Original Mortgage
$152,950
Outstanding Balance
$149,478
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$20,033

Purchase Details

Closed on
Aug 16, 2017
Sold by
Philipp James E and Philipp Cheri A
Bought by
Shatzer Thomas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,400
Interest Rate
3.96%
Mortgage Type
Second Mortgage Made To Cover Down Payment

Purchase Details

Closed on
Feb 8, 2005
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Philipp James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,675
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2001
Sold by
Mcmann Cindy L
Bought by
Shaffer Benjamin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,700
Interest Rate
7.22%

Purchase Details

Closed on
Nov 9, 2000
Sold by
Mcartor Teresa Marlene
Bought by
Mcmann Cindy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
7.87%

Purchase Details

Closed on
Jul 9, 1999
Sold by
Rick Wesley Paul
Bought by
Mcartor Teresa Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.59%
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
Omar Ali $161,000 None Listed On Document
Shatzer Thomas C -- None Available
Philipp James E -- --
Shaffer Benjamin W $81,500 --
Mcmann Cindy L $78,500 --
Mcartor Teresa Marlene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Omar Ali $152,950
Previous Owner Shatzer Thomas C $59,500
Previous Owner Shatzer Thomas C $18,400
Previous Owner Shatzer Thomas C $73,600
Previous Owner Philipp James E $75,600
Previous Owner Philipp James E $6,790
Previous Owner Philipp James E $72,675
Previous Owner Philipp James E $72,675
Previous Owner Shaffer Benjamin W $78,700
Previous Owner Mcmann Cindy L $69,000
Previous Owner Mcartor Teresa Marlene $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $161,000 +7.4% $129 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $149,950 -- $121 / 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 $2,618 $146,500 $39,800 $106,700
2022 $2,236 $124,100 $39,800 $84,300
2021 $2,244 $107,900 $32,800 $75,100
2020 $2,244 $101,700 $28,100 $73,600
2019 $2,088 $99,300 $28,100 $71,200
2018 $2,030 $96,900 $28,100 $68,800
2017 $1,956 $94,800 $28,100 $66,700
2016 $1,956 $92,000 $27,400 $64,600
2015 $1,974 $92,775 $27,378 $65,397
2014 $1,974 $92,775 $27,378 $65,397
2013 $1,932 $92,775 $27,378 $65,397
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2302933

Cedar Rapids Area Association of REALTORS®

APN: 14303-79005-00000