NOT LISTED FOR SALE

3131 Southland St SW Cedar Rapids, IA 52404

Southwest Area Neighborhood

Estimated Value: $153,000 - $211,089

2 Beds
2 Baths
2,000 Sq Ft
$90/Sq Ft Est. Value

Last Sold April 10, 2020

Last sale price $110,000 $55 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,136/month

16 Days on Market

Highlights

  • 0.51 Acre Lot
  • 2 Car Detached Garage
  • Hot Water Heating System
  • Ranch Style House
  • Eat-In Kitchen
  • Family Room

About This Home

As of April 2020

You won't want to miss this one! Situated on 1/2 Acre lot, in town. This 2 bedroom, 2 bath home is ready for it's next owner. This home is very clean and in need of some updates. There's a walk out lower level, too! Wooded backyard with new 24 x 24 garage at back. Note: there is not a separate driveway to garage in back.

Last Agent to Sell the Property

Matt Smith

RE/MAX CONCEPTS Listed on: 02/17/2020

RE/MAX CONCEPTS

Last Buyer's Agent

Tessa Grimm

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,970

Year Built

  • 1962

Lot Details

  • 0.51 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Family Room

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,970

Year Built

1962

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.5050
  • Above Grade Finished Sq Ft: 1200
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 1970
  • List User Cell Phone: 319-431-5859
  • Low Lvl Fin Sq Ft: 800
  • Miscellaneous: Cable Ready
  • Net Tax: 1786
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00182
  • Ratio Close Price By Original Li: 0.95652
  • Ratio Current Price By Sq Ft: 91.67
  • Total Sq Ft: 2000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Appliances Included: Disposal, Microwave, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Family
  • Basement: Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached

Utilities

  • Heating Cooling: Hot Water Heat

Schools

  • Elementary School: Grant
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: .505 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2020
Closed on
Apr 15, 2020
Sold by
Handley Re and Handley Yulanda K
Bought by
Schoon Michael
Seller's Agent
Matt Smith
RE/MAX CONCEPTS
Buyer's Agent
Tessa Grimm
Pinnacle Realty LLC
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%
Current Estimated Value
$179,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,522
Avg. Annual Appreciation
9.37%
Original Mortgage
$5,000
Outstanding Balance
$4,446
Interest Rate
3.6%
Mortgage Type
Stand Alone Second
Estimated Equity
$175,076

Purchase Details

Closed on
Feb 4, 2011
Sold by
Handley Sylvester R and Handley Marie E
Bought by
Handley Rodney E and Patton Yulanda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,064
Interest Rate
4.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 22, 2011
Sold by
Pealer Chad A and Pealer Janet M
Bought by
Handley Sylvester R and Handley Marie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,064
Interest Rate
4.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 14, 2005
Sold by
Pealer Lynne M
Bought by
Pealer Chad A and Pealer Aaron M

Purchase Details

Closed on
Aug 21, 1998
Sold by
Hupe Pamela K
Bought by
Hupe Gerald M and Hupe Pamela K
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
Schoon Michael $110,000 First American Mortgage Sln
Handley Re $81,500 None Available
Handley Rodney E $81,214 None Available
Handley Sylvester R $80,500 None Available
Pealer Chad A -- None Available
Hupe Gerald M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Handley Re $5,000
Open Handley Re $105,500
Previous Owner Handley Rodney E $81,064
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2020 04/10/20 Sold $110,000 +0.2% $55 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
03/02/2020 03/02/20 Price Changed $109,800 -4.5% $55 / Sq Ft
02/17/2020 02/17/20 For Sale $115,000 -- $58 / 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 $2,206 $172,400 $41,600 $130,800
2024 $2,194 $161,600 $33,300 $128,300
2023 $2,194 $135,100 $33,300 $101,800
2022 $2,086 $112,900 $29,100 $83,800
2021 $2,138 $109,700 $25,000 $84,700
2020 $2,138 $96,900 $25,000 $71,900
2019 $1,786 $91,400 $25,000 $66,400
2018 $1,732 $91,400 $25,000 $66,400
2017 $1,764 $89,500 $25,000 $64,500
2016 $1,903 $89,500 $25,000 $64,500
2015 $1,909 $89,706 $25,011 $64,695
2014 $1,724 $79,700 $25,011 $54,689
2013 $1,474 $79,700 $25,011 $54,689
Source: Public Records

Agents Affiliated with this Home

  • Matt Smith

    Seller's Agent in 2020

    Matt Smith

    RE/MAX

    (319) 431-5859

    3 in this area

    185 Total Sales

    Matt Smith
    Section Image
  • Tessa Grimm

    Buyer's Agent in 2020

    Tessa Grimm

    Pinnacle Realty LLC

    (319) 521-1991

    9 in this area

    155 Total Sales

    Tessa Grimm
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2001207

Cedar Rapids Area Association of REALTORS®

APN: 19041-01015-00000

Iowa Linn County Cedar Rapids 52404 Southwest Area

3131 Southland St SW, Cedar Rapids, IA

This home is located at 3131 Southland St SW, Cedar Rapids, IA 52404 since 17 February 2020 and is currently estimated at $179,522, approximately $89 per square foot. This property was built in 1962. 3131 Southland St SW is a home located in Linn County with nearby schools including Wilson Middle School, Thomas Jefferson High School, and Holy Family School St. Ludmila Center.

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.

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