NOT LISTED FOR SALE

2939 Soutter Ave SE Cedar Rapids, IA 52403

Estimated Value: $78,000 - $142,000

1 Bed
1 Bath
613 Sq Ft
$182/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $67,870 $111 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $744/month

19 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Living Room
  • Main Floor Primary Bedroom
  • Forced Air Cooling System
  • Storage Shed

About This Home

As of December 2019

This cute little charmer has some history! According to the seller, this home is called a garlo, a structure built on a lot by a returning service man in WWII. The structure was built to eventually serve as a garage while the home on the lot was constructed. However, some of the homes were never built, so they continued to live in the garlo instead. This would be a perfect place for someone starting out or downsizing, the mortgage would be cheaper than rent. New updates include paint, flooring, two new windows, two new storm doors, two new service doors, some new lighting, repainted kitchen cabinets, and the garage has a new roof and exterior walls. Unfortunately, the seller was unable to paint the garage before the temperatures turned, so they are offering a $1,000 credit at closing. Outside you will enjoy a nice corner lot, detached one car garage, as well as a storage shed.

Last Agent to Sell the Property

Amanda Haugen

Realty87 Listed on: 11/15/2019

Realty87

Last Buyer's Agent

Josie Ashmore

Fathom Realty

Fathom Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,312

Year Built

  • 1948

Lot Details

  • 6,708

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 613 Sq Ft Home
  • Living Room
  • Range

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Storage Shed
  • 6,708 Sq Ft Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,312

Year Built

1948

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1540
  • Above Grade Finished Sq Ft: 613
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • City Name: Cedar Rapids
  • Gross Tax: 1312
  • List User Cell Phone: 319-241-3999
  • Miscellaneous: Storage Shed
  • Net Tax: 1312
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96957
  • Ratio Close Price By Original Li: 0.90493
  • Ratio Current Price By Sq Ft: 110.72
  • Total Sq Ft: 613
  • Taxable Value Tv: 62800.00
  • 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
  • Additional Room: Living Room
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 1: 1
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached
  • Garage Size: 249

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2019
Closed on
Dec 23, 2019
Sold by
Kruse Anne E H
Bought by
Martin Wayne and Martin Karen
Seller's Agent
Amanda Haugen
Realty87
Buyer's Agent
Josie Ashmore
Fathom Realty
List Price
$75,000
Sold Price
$67,870
Premium/Discount to List
-$7,130
-9.51%
Current Estimated Value
$111,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,530
Avg. Annual Appreciation
9.15%
Original Mortgage
$57,689
Outstanding Balance
$50,971
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$60,429

Purchase Details

Closed on
Aug 21, 2008
Sold by
Wells Fargo Bank Na
Bought by
Boeder Charles M and Loomis Anne E H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 4, 2008
Sold by
Kemp Eric T and Kemp Eric
Bought by
Wells Fargo Bank Na and Marquette Bank Na

Purchase Details

Closed on
Jan 17, 2001
Sold by
Campbell Karen and Campbell Al
Bought by
Kemp Eric T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,725
Interest Rate
8%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Martin Wayne $68,000 River Ridge Escrow Co
Boeder Charles M $42,500 None Available
Wells Fargo Bank Na $56,155 None Available
Kemp Eric T $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Wayne $57,689
Closed Martin Wayne $57,689
Previous Owner Loomis Anne E H $53,600
Previous Owner Boeder Charles M $20,000
Previous Owner Boeder Charles M $34,400
Previous Owner Kemp Eric T $52,725
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2019 12/31/19 Sold $67,870 -3.0% $111 / Sq Ft
12/04/2019 12/04/19 Pending -- -- --
12/03/2019 12/03/19 Price Changed $70,000 -6.7% $114 / Sq Ft
11/15/2019 11/15/19 For Sale $75,000 -- $122 / 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
2024 $1,648 $86,000 $26,200 $59,800
2023 $1,648 $81,600 $26,200 $55,400
2022 $1,458 $78,100 $26,200 $51,900
2021 $1,438 $70,400 $22,500 $47,900
2020 $1,438 $65,200 $18,700 $46,500
2019 $1,312 $60,900 $18,700 $42,200
2018 $1,276 $60,900 $18,700 $42,200
2017 $1,342 $61,600 $18,700 $42,900
2016 $1,228 $57,800 $18,700 $39,100
2015 $1,244 $58,431 $18,723 $39,708
2014 $1,244 $67,109 $24,964 $42,145
2013 $1,398 $67,109 $24,964 $42,145
Source: Public Records

Agents Affiliated with this Home

  • Amanda Haugen

    Seller's Agent in 2019

    Amanda Haugen

    Realty87

    116 Total Sales

    Amanda Haugen
    Section Image

  • J

    Buyer's Agent in 2019

    Josie Ashmore

    Fathom Realty

    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1908295

Cedar Rapids Area Association of REALTORS®

APN: 14234-54001-00000

Iowa Linn County Cedar Rapids 52403

2939 Soutter Ave SE, Cedar Rapids, IA

This home is located at 2939 Soutter Ave SE, Cedar Rapids, IA 52403 since 15 November 2019 and is currently estimated at $111,400, approximately $181 per square foot. This property was built in 1948. 2939 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes