3020 Otis Rd SE Cedar Rapids, IA 52403
Cedar Valley Neighborhood
3
Beds
1
Bath
1,476
Sq Ft
8.05
Acres
Highlights
- Wooded Lot
- Eat-In Kitchen
- Central Air
- 2 Car Attached Garage
- Living Room
- Family Room
About This Home
As of October 2020Acerage Lovers this listing is for you!! This 1.5 story home is located on a pristine 8 Acres and is connected to City Water and Sewer!! Features 3 bedrooms and 1 full bath with attached 2 car garage. 3 year old furnace and water heater. A little TLC and you can truly make this home your own!
Last Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,114
Year Built
- 1875
Lot Details
- 8.05 Acre Lot
- Wooded Lot
Parking
- 2 Car Attached Garage
Home Design
- Frame Construction
- Vinyl Construction Material
Interior Spaces
- 1,476 Sq Ft Home
- 1.5-Story Property
- Family Room
- Living Room
- Eat-In Kitchen
- Basement
Bedrooms and Bathrooms
- Primary bedroom located on second floor
- 1 Full Bathroom
Utilities
- Central Air
- Heating Available
- Gas Water Heater
- Satellite Dish
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 24, 2019
Closed on
Jun 19, 2019
Sold by
Novak Wayne A and Novak Susan
Bought by
Ward Dedric L
Seller's Agent
Cathy Hill
SKOGMAN REALTY
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$199,500
Sold Price
$177,250
Premium/Discount to List
-$22,250
-11.15%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,750
Original Mortgage
$110,000
Outstanding Balance
$97,909
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Oct 9, 2017
Sold by
Cedar Rapids Bank & Trust Company
Bought by
Novak Wayne A and Novak Susan
Purchase Details
Closed on
Jan 5, 2011
Sold by
Merritt Betty A
Bought by
Novak Wayne A and Novak Susan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
4.5%
Mortgage Type
Seller Take Back
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $177,500 | None Available | |
| Deed | -- | None Available | |
| Contract Of Sale | $191,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $110,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $191,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/16/2020 10/16/20 | Sold | $173,570 | +2.1% | $118 / Sq Ft |
| 08/17/2020 08/17/20 | Pending | -- | -- | -- |
| 07/29/2020 07/29/20 | Price Changed | $170,000 | -5.0% | $115 / Sq Ft |
| 07/16/2020 07/16/20 | Price Changed | $179,000 | -3.2% | $121 / Sq Ft |
| 07/13/2020 07/13/20 | Price Changed | $184,900 | -4.7% | $125 / Sq Ft |
| 07/01/2020 07/01/20 | For Sale | $194,000 | +9.4% | $131 / Sq Ft |
| 06/19/2019 06/19/19 | Sold | $177,250 | -11.2% | $120 / Sq Ft |
| 05/07/2019 05/07/19 | Pending | -- | -- | -- |
| 04/24/2019 04/24/19 | For Sale | $199,500 | -- | $135 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2020 | $2,230 | $97,100 | $37,100 | $60,000 |
| 2019 | -- | $97,100 | $37,100 | $60,000 |
| 2018 | -- | $97,100 | $37,100 | $60,000 |
| 2017 | -- | $101,800 | $37,100 | $64,700 |
| 2016 | -- | $102,000 | $37,100 | $64,900 |
| 2015 | -- | $114,328 | $37,050 | $77,278 |
| 2014 | -- | $114,328 | $37,050 | $77,278 |
| 2013 | -- | $114,328 | $37,050 | $77,278 |
Source: Public Records
Agents Affiliated with this Home
-
G
Seller's Agent in 2020
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
-
Cathy Hill
Seller's Agent in 2019
Cathy Hill
SKOGMAN REALTY
(319) 350-8521
199 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1902991
APN: 14354-01002-00000
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