$96,000
SOLD JUN 5, 2019

2924 Soutter Ave SE Cedar Rapids, IA 52403

2 Beds
1 Bath
886 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$108 Per Sq Ft

7% Below List Price

Highlights

  • Ranch Style House
  • Den
  • Eat-In Kitchen
  • Great Room
  • 1 Car Detached Garage
  • Living Room

About This Home

As of January 2020

This home is located at 2924 Soutter Ave SE, Cedar Rapids, IA 52403 and is currently priced at $96,000, approximately $108 per square foot. This property was built in 1950. 2924 Soutter Ave SE is a home located in Linn County with nearby schools including Grant Wood Elementary School, McKinley STEAM Academy, and George Washington High School.

Last Agent to Sell the Property

Jeremy Trenkamp

Realty87 Listed on: 04/03/2019

Realty87

Last Buyer's Agent

Jeremy Trenkamp

Realty87 Listed on: 04/03/2019

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,857

Year Built

  • 1950

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 886 Sq Ft Home
  • Great Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Utilities

  • Central Air
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,857

Year Built

1950

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1400
  • Above Grade Finished Sq Ft: 886
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 1857
  • House Size: 886
  • List User Cell Phone: 319-270-1323
  • Miscellaneous: Cable Ready
  • Net Tax: 1857
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.93204
  • Ratio Close Price By Original Li: 0.93204
  • Ratio Current Price By Sq Ft: 108.35
  • Total Sq Ft: 886
  • Taxable Value Tv: 86000.00
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Den/Study, Great Room, Living Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached
  • Garage Size: 255

Utilities

  • Heating Cooling: Central Air

Schools

  • Elementary School: Grant Wood
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: .14 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2024
Sold by
Burdette Janet
Bought by
Janet Burdette Revocable Living Trust
Current Estimated Value
$155,079

Purchase Details

Listed on
Dec 10, 2019
Closed on
Jan 10, 2020
Sold by
Tjj Properties Llc
Bought by
Burdette Janet
Seller's Agent
Jeremy Trenkamp
Realty87
Buyer's Agent
Jeremy Trenkamp
Realty87
List Price
$120,500
Sold Price
$120,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$96,400
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 3, 2019
Closed on
May 28, 2019
Sold by
Ballard Joseph and Ballard Breanna M
Bought by
Tjj Properties Llc
Seller's Agent
Jeremy Trenkamp
Realty87
Buyer's Agent
Jeremy Trenkamp
Realty87
List Price
$103,000
Sold Price
$96,000
Premium/Discount to List
-$7,000
-6.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.06%
Original Mortgage
$98,574
Interest Rate
4.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 1, 2011
Sold by
Creative Equity Lc
Bought by
Ballard Joseph and Ballard Breanna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,473
Interest Rate
4.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 26, 2010
Sold by
Creative Equity Lc Series 53
Bought by
Ballard Joseph R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 24, 2010
Sold by
Walsh Brad
Bought by
Creative Equity Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 30, 2005
Sold by
Estate Of Rose A Aiels
Bought by
Walsh Brad and Walsh Lesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,400
Interest Rate
8.26%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $120,500 None Available
Warranty Deed $96,000 None Available
Corporate Deed $57,500 None Available
Contract Of Sale $58,000 None Available
Sheriffs Deed $39,962 None Available
Legal Action Court Order $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $96,400 Future Advance Clause Open End Mortgage
Previous Owner $98,574 Credit Line Revolving
Previous Owner $25,000 Credit Line Revolving
Previous Owner $7,473 Unknown
Previous Owner $61,000 New Conventional
Previous Owner $58,000 Seller Take Back
Previous Owner $82,700 Future Advance Clause Open End Mortgage
Previous Owner $60,400 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2020 01/10/20 Sold $120,500 0.0% $146 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
12/10/2019 12/10/19 For Sale $120,500 +25.5% $146 / Sq Ft
06/05/2019 06/05/19 Sold $96,000 -6.8% $108 / Sq Ft
04/03/2019 04/03/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $103,000 -- $116 / 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 $2,472 $124,700 $23,300 $101,400
2022 $2,206 $117,200 $23,300 $93,900
2021 $2,032 $106,500 $19,900 $86,600
2020 $2,032 $92,100 $16,600 $75,500
2019 $1,802 $83,600 $16,600 $67,000
2018 $1,752 $83,600 $16,600 $67,000
2017 $1,752 $83,800 $16,600 $67,200
2016 $1,653 $77,800 $16,600 $61,200
2015 $1,657 $77,860 $16,609 $61,251
2014 $1,472 $82,745 $22,145 $60,600
2013 $1,538 $82,745 $22,145 $60,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1902267

Cedar Rapids Area Association of REALTORS®

APN: 14234-52014-00000