$162,500
SOLD FEB 25, 2022

2907 Schultz Dr NW Cedar Rapids, IA 52405

3 Beds
1 Bath
960 Sq Ft
6,011 Sq Ft Lot

Recently Sold

$169 Per Sq Ft

4% Below List Price

25 Days on Market

Highlights

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

About This Home

As of August 2023

This home is located at 2907 Schultz Dr NW, Cedar Rapids, IA 52405 and is currently priced at $162,500, approximately $169 per square foot. This property was built in 1962. 2907 Schultz Dr NW is a home located in Linn County with nearby schools including Madison Elementary School, Roosevelt Creative Corridor Business Academy, and John F. Kennedy High School.

Last Agent to Sell the Property

Jaime Hymer

Pinnacle Realty LLC Listed on: 01/07/2022

Pinnacle Realty LLC

Co-Listed By

Maryssa Derynck

Century 21 Signature Real Estate

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,592

Year Built

  • 1962

Lot Details

  • 6,011 Sq Ft Lot
  • Lot Dimensions are 60x100

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 960 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Storage Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,592

Year Built

1962

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1380
  • Above Grade Finished Sq Ft: 960
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 2592
  • List User Cell Phone: 319-651-9617
  • Miscellaneous: Cable Ready, Storage Shed
  • Net Tax: 2592
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.95644
  • Ratio Current Price By Sq Ft: 169.27
  • Total Sq Ft: 960
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

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

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached

Utilities

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

Schools

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

Lot Info

  • Lot Size: 60X100

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: 2200127

Cedar Rapids Area Association of REALTORS®

APN: 14192-79020-00000