NOT LISTED FOR SALE

302 2nd Ave SW Independence, IA 50644

Estimated Value: $178,000 - $204,000

3 Beds
1.5 Baths
1,932 Sq Ft
$98/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $154,500 $80 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,240/month

130 Days on Market

Highlights

  • Waterfront
  • Living Room with Fireplace
  • Formal Dining Room
  • 1.01 Acre Lot
  • Wooded Lot
  • 5-minute walk to Veteran's Park

About This Home

As of March 2024

Large 2 story home available right in the heart of Independence and situated on an acre of land on the Wapsipinicon River! Mature trees add privacy and tranquility to help you enjoy all the water view has to offer. No need for flood insurance so rest easy while cooking in your kitchen that overlooks the river. The dining room, den, and half bath are all conveniently located in the center of the home. The main living area offers a large wood-burning fireplace and upstairs you will find 3 very large bedrooms. The primary has 2 walk-in closets and the main bathroom is just steps away.

Last Agent to Sell the Property

Katie Reck

RUHL & RUHL REALTORS® Listed on: 09/22/2023

RUHL & RUHL REALTORS®

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,482

Year Built

  • 1905

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 275x453
  • Waterfront
  • Level Lot
  • Wooded Lot

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,932 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,482

Year Built

1905

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 1.0060
  • Above Grade Finished Sq Ft: 1932
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Independence
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 3482
  • List User Cell Phone: 319-327-7992
  • Miscellaneous: Cable Ready
  • Net Tax: 3482
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.90882
  • Ratio Close Price By Original Li: 0.83514
  • Ratio Current Price By Sq Ft: 79.97
  • Total Sq Ft: 1932
  • Water Sewer Roads: City Sewer, City Water, Paved
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1905

Interior Features

  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Family, Family Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 2: 3
  • Fireplace Features: Wood Burning, Living Room
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Site Description: Level, Water Front, Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached, Off Street Parking, On Street Parking
  • Garage Size: 480

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

  • Elementary School: Independence
  • Middle School: Independence
  • High School: Independence

Lot Info

  • Lot Size: 275x453

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Feb 2, 2024
Sold by
Bond Nicholas J and Bond Megan R
Bought by
Holub Cody L
Seller's Agent
Katie Reck
RUHL & RUHL REALTORS®
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$185,000
Sold Price
$154,500
Premium/Discount to List
-$30,500
-16.49%
Views
441
Current Estimated Value
$188,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,214
Avg. Annual Appreciation
13.87%
Original Mortgage
$108,150
Interest Rate
8.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2017
Closed on
Nov 4, 2017
Sold by
Jenkins Angela E
Bought by
Bond Nicholas J and Bond Megen R
Seller's Agent
Kari Kremer
Berkshire Hathaway Home Services One Realty Centre
List Price
$159,900
Sold Price
$153,000
Premium/Discount to List
-$6,900
-4.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.15%
Original Mortgage
$154,245
Interest Rate
3.91%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Holub Cody L $154,500 None Listed On Document
Bond Nicholas J $153,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holub Cody L $108,150
Previous Owner Bond Nicholas J $154,245
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2024 03/22/24 Sold $154,500 -9.1% $80 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
11/25/2023 11/25/23 Price Changed $170,000 -8.1% $88 / Sq Ft
10/23/2023 10/23/23 For Sale $185,000 0.0% $96 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $185,000 +20.9% $96 / Sq Ft
11/10/2017 11/10/17 Sold $153,000 -4.3% $79 / Sq Ft View Prior Sale
09/23/2017 09/23/17 Pending -- -- --
05/14/2017 05/14/17 For Sale $159,900 -- $83 / 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 $2,906 $179,690 $26,860 $152,830
2024 $2,906 $155,320 $23,980 $131,340
2023 $3,362 $172,910 $23,980 $148,930
2022 $2,964 $140,780 $19,030 $121,750
2021 $2,950 $140,780 $19,030 $121,750
2020 $2,950 $129,730 $17,450 $112,280
2019 $3,343 $129,730 $17,450 $112,280
2018 $2,504 $125,420 $17,450 $107,970
2017 $2,440 $122,160 $17,450 $104,710
2016 $2,400 $117,580 $9,440 $108,140
2015 $2,400 $117,580 $9,440 $108,140
2014 $2,448 $117,580 $9,440 $108,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2305978

Cedar Rapids Area Association of REALTORS®

APN: 10.04.282.002