$190,000
SOLD AUG 4, 2023

2907 Schultz Dr NW Cedar Rapids, IA 52405

3 Beds
1.5 Baths
1,372 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$138 Per Sq Ft

6% Above List Price

1 Day on Market

Highlights

  • Ranch Style House
  • Forced Air Cooling System
  • Storage Shed
  • John F. Kennedy High School Rated A-
  • Combination Kitchen and Dining Room

About This Home

As of August 2023

This solid 3-bedroom ranch home has had many updates. The sellers recently finished a family room in the lower level as well as a large nonconforming 4th bedroom that would be perfect for a teen suite or even the primary bedroom with its adjacent large primary closet. Please see the property disclosure for even more updates that will be done this weekend. The white kitchen was recently updated with tile flooring, black appliances, and a tiled backsplash. The spacious living room that is freshly painted features a coved ceiling. The hardwood floors are in excellent condition. The sellers recently laid a new floor in the main bathroom. The furnace and central air were new in 2021 along with a new garage roof. The lower level provides plenty of storage space. A detached garage is only a few steps from the back door of the home. Entertaining is a breeze with a flat backyard. There is even a storage shed giving plenty of space for lawn care equipment.

Last Agent to Sell the Property

Deanna Howard

IOWA REALTY Listed on: 06/30/2023

IOWA REALTY

Co-Listed By

Brandon Reynolds

Pinnacle Realty LLC

Last Buyer's Agent

Jaime Hymer

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,177

Year Built

  • 1962

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Car Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Storage Shed
  • 5,663 Sq Ft Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,177

Year Built

1962

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1300
  • Above Grade Finished Sq Ft: 960
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 3177
  • List User Cell Phone: 319-929-3836
  • Low Lvl Fin Sq Ft: 412
  • Miscellaneous: Storage Shed
  • Net Tax: 2992
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.05556
  • Ratio Close Price By Original Li: 1.05556
  • Ratio Current Price By Sq Ft: 197.92
  • Total Sq Ft: 1372
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car
  • Garage Size: 1

Utilities

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

Schools

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

Lot Info

  • Lot Size: 0.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Aug 2, 2023
Sold by
Alfaro William and Alfaro Elizabeth
Bought by
Boyd Emily R
Seller's Agent
Deanna Howard
IOWA REALTY
Buyer's Agent
Jaime Hymer
Pinnacle Realty LLC
List Price
$180,000
Sold Price
$190,000
Premium/Discount to List
$10,000
5.56%
Views
24
Current Estimated Value
$203,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,582
Avg. Annual Appreciation
3.25%
Original Mortgage
$152,000
Outstanding Balance
$148,445
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$55,137

Purchase Details

Listed on
Jan 7, 2022
Closed on
Feb 21, 2022
Sold by
Odell and Tammy
Bought by
Alfaro William and Alfaro Elizabeth
Seller's Agent
Jaime Hymer
Pinnacle Realty LLC
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$169,900
Sold Price
$162,500
Premium/Discount to List
-$7,400
-4.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.47%

Purchase Details

Closed on
Jul 7, 2021
Sold by
Corrigan Colby M
Bought by
Odell Benjamin and Odell Tammy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2016
Sold by
Harvey Joseph Scott and Harvey Nicole Heather
Bought by
Corrigan Colby M

Purchase Details

Closed on
Sep 21, 2006
Sold by
Ehlinger Alice Mae
Bought by
Harvey Joseph Scott and Harvey Nicole Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,680
Interest Rate
6.59%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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

Date Type Sale Price Title Company
Warranty Deed $190,000 None Listed On Document
Warranty Deed $162,500 Oshea & Oshea Pc
Warranty Deed $130,000 None Available
Warranty Deed -- None Available
Legal Action Court Order $104,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $152,000 New Conventional
Previous Owner $132,000 Purchase Money Mortgage
Previous Owner $103,680 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2023 08/04/23 Sold $190,000 +5.6% $138 / Sq Ft
07/01/2023 07/01/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $180,000 +10.8% $131 / Sq Ft
02/25/2022 02/25/22 Sold $162,500 0.0% $169 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
01/28/2022 01/28/22 Price Changed $162,500 -1.5% $169 / Sq Ft
01/12/2022 01/12/22 Price Changed $164,900 -2.9% $172 / Sq Ft
01/07/2022 01/07/22 For Sale $169,900 -- $177 / 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
2025 $2,502 $170,800 $33,800 $137,000
2024 $2,526 $161,900 $33,800 $128,100
2023 $2,526 $151,900 $29,600 $122,300
2022 $2,506 $128,600 $29,600 $99,000
2021 $2,592 $121,000 $26,800 $94,200
2020 $2,592 $117,500 $26,800 $90,700
2019 $2,164 $100,400 $22,600 $77,800
2018 $2,104 $100,400 $22,600 $77,800
2017 $2,016 $101,100 $22,600 $78,500
2016 $2,149 $101,100 $22,600 $78,500
2015 $1,964 $99,392 $22,560 $76,832
2014 $1,930 $99,392 $22,560 $76,832
2013 $1,884 $99,392 $22,560 $76,832
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2304265

Cedar Rapids Area Association of REALTORS®

APN: 14192-79020-00000