NOT LISTED FOR SALE

3119 Kenridge Terrace NE Cedar Rapids, IA 52402

Estimated Value: $183,538 - $208,000

4 Beds
1.5 Baths
1,591 Sq Ft
$123/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $157,000 $99 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,337/month

1 Day on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Forced Air Cooling System
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Living Room

About This Home

As of March 2021

Classic 1.75 Story, 4 bedroom, 1.5 bath home with 1591 sq. ft. above ground. Full, poured concrete
basement with a warranted water proofing treatment in 2010 by L&E. Fully tiled on the inside with no
reported water issues since then. Typical 1958 style home with plenty of room for the family.
Orangeburg replaced in 2019, most windows new in 2016. Damaged by the derecho but most of the
repairs are complete. New roof in 2020, Aluminum siding damaged on West side. Waiting for repair on
that.
This has been an investment property for 16 years. Owners of the LLC are both licensed Realtors in the
State of Iowa. Listing agent is one of the owners.

Last Listed By

Pat Murphy

SKOGMAN REALTY Listed on: 02/14/2021

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,175

Year Built

  • 1958

Parking

  • 2 Car Detached Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,591 Sq Ft Home
  • 1.75 Story Property
  • Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Utilities

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

Additional Features

  • Deck
  • Lot Dimensions are 62x120

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,175

Year Built

1958

Lot Details

0

Listing Details

  • Style: 1.75 Story
  • Above Grade Finished Sq Ft: 1591
  • Total Bathrooms: 1.10
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 3175
  • List User Cell Phone: 319-360-0266
  • Miscellaneous: Deck
  • Net Tax: 3175
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.04771
  • Ratio Close Price By Original Li: 1.04771
  • Ratio Current Price By Sq Ft: 98.68
  • Total Sq Ft: 1591
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Appliances Included: Range, Refrigerator, Water Heater – Gas
  • Additional Room: Living Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 2
  • Level 1 Full Bathrooms: 1
  • Level 2 Half Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 2 Cars, Detached

Utilities

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

Schools

  • Elementary School: Arthur
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: 62x120

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2021
Closed on
Mar 26, 2021
Sold by
Cobalt Investments Llc
Bought by
Raymundo Gasper Jerenilas Torrez and Raymundo Magdalena Cobo
Seller's Agent
Pat Murphy
SKOGMAN REALTY
Buyer's Agent
Victoria Torres
KW Advantage
List Price
$149,850
Sold Price
$157,000
Premium/Discount to List
$7,150
4.77%
Total Days on Market
1
Current Estimated Value
$195,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,885
Avg. Annual Appreciation
5.17%
Original Mortgage
$125,600
Outstanding Balance
$114,669
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$78,761

Purchase Details

Closed on
Dec 1, 2003
Sold by
Murphy W Patrick and Murphy Becky R
Bought by
Cobalt Investments Llc

Purchase Details

Closed on
Jun 27, 2003
Sold by
Carrothers Margaret F and Carrothers Dale
Bought by
Murphy W Patrick and Murphy Jay F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,650
Interest Rate
5.75%
Mortgage Type
Unknown

Range of Values:

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Average Value
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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
Raymundo Gasper Jerenilas Torrez $157,000 None Available
Cobalt Investments Llc -- --
Murphy W Patrick $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raymundo Gasper Jerenilas Torrez $125,600
Closed Raymundo Gasper Jerenilas Torrez $31,400
Previous Owner Cobalt Investments Llc $785,000
Previous Owner Cobalt Investments Llc $20,000
Previous Owner Cobalt Investments Llc $212,703
Previous Owner Murphy W Patrick $97,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $157,000 +4.8% $99 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
02/14/2021 02/14/21 For Sale $149,850 -- $94 / 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 $3,016 $164,100 $34,300 $129,800
2022 $2,960 $143,000 $28,300 $114,700
2021 $3,184 $142,900 $28,300 $114,600
2020 $3,184 $144,300 $25,400 $118,900
2019 $2,972 $137,900 $25,400 $112,500
2018 $2,890 $137,900 $25,400 $112,500
2017 $2,896 $136,200 $25,400 $110,800
2016 $2,896 $136,200 $25,400 $110,800
2015 $2,986 $140,284 $29,824 $110,460
2014 $2,986 $140,284 $29,824 $110,460
2013 $2,922 $140,284 $29,824 $110,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2100838

Cedar Rapids Area Association of REALTORS®

APN: 14104-53001-00000