NOT LISTED FOR SALE

315 18th St SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $101,000 - $147,950

3 Beds
1.5 Baths
1,526 Sq Ft
$81/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $85,000 $56 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $819/month

83 Days on Market

Highlights

  • Formal Dining Room
  • Living Room
  • Wood Burning Fireplace
  • Forced Air Cooling System
  • Family Room

About This Home

As of May 2023

Investor Alert! This home is perfect for an investor or a handyman who wants to gain some sweat equity. The Big-Ticket items are already taken care of. Updated Roof, Furnace, AC, Electrical, and Plumbing! The opportunities are limitless in this 1,500+ sqft home. Property has an estimated $10,000 worth of materials and tools that will be left for the purchaser. This home qualifies for Neighborhood Finance Corp. forgivable renovation grant program of up to $15,000, $2,500 closing cost, and $10,500 down payment assistance programs. Call: 319-777-7127 for more info. Property sold as-is, seller will make no repairs, 24-hour notice for all showings.

Last Agent to Sell the Property

Hayden Ostwinkle

Realty87 Listed on: 01/04/2023

Realty87

Last Buyer's Agent

Matt McCurdy

Investor Edge Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,118

Year Built

  • 1911

Lot Details

  • 3,572 Sq Ft Lot
  • Lot Dimensions are 55 x 65

Parking

  • 1 Car Garage

Home Design

  • Frame Construction

Interior Spaces

  • 1,526 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,118

Year Built

1911

Lot Details

0

Listing Details

  • Style: Over 2 Stories
  • Acres: 0.0820
  • Above Grade Finished Sq Ft: 1526
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 2118
  • List User Cell Phone: 319-540-0615
  • Net Tax: 1933
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00001
  • Ratio Close Price By Original Li: 0.94444
  • Ratio Current Price By Sq Ft: 55.70
  • Total Sq Ft: 1526
  • Taxable Value Tv: 98000.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1911

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, 4 Seasons, Family Room, Living Room
  • Basement: Block, Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 2: 3
  • Fireplace Features: Built In, Wood Burning
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 1 Car
  • Garage Size: 1 Car

Utilities

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

Lot Info

  • Lot Size: 55 X 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2023
Closed on
May 10, 2023
Sold by
Great Wave Generation Llc
Bought by
Mecro Properties Llc
Seller's Agent
Hayden Ostwinkle
Realty87
Buyer's Agent
Matt McCurdy
Investor Edge Real Estate
List Price
$90,000
Sold Price
$85,000
Premium/Discount to List
-$5,000
-5.56%
Views
347
Current Estimated Value
$123,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,738
Avg. Annual Appreciation
16.35%
Original Mortgage
$116,000
Outstanding Balance
$112,709
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$11,029

Purchase Details

Listed on
Jun 22, 2022
Closed on
Jul 12, 2022
Sold by
Briley Else John and Briley Alana
Bought by
Great Wave Generation Llc
Seller's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Hayden Ostwinkle
Realty87
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.16%

Purchase Details

Closed on
Nov 2, 2018
Sold by
Lang Mary Margaret
Bought by
Else John Briley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
4.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 14, 2005
Sold by
Hoover Nature Trail Inc
Bought by
Linn County Trails Assn
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
Mecro Properties Llc $85,000 None Listed On Document
Mecro Properties Llc $85,000 None Listed On Document
Great Wave Generation Llc $65,000 None Listed On Document
Else John Briley $35,000 None Available
Linn County Trails Assn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mecro Properties Llc $116,000
Closed Mecro Properties Llc $116,000
Previous Owner Else John Briley $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2023 05/12/23 Sold $85,000 0.0% $56 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
02/17/2023 02/17/23 Price Changed $84,999 -5.0% $56 / Sq Ft
01/24/2023 01/24/23 Price Changed $89,500 -0.6% $59 / Sq Ft
01/04/2023 01/04/23 For Sale $90,000 +38.5% $59 / Sq Ft
07/12/2022 07/12/22 Sold $65,000 0.0% $43 / Sq Ft View Prior Sale
06/23/2022 06/23/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $65,000 -- $43 / 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 $1,998 $118,000 $27,100 $90,900
2024 $149 $115,100 $27,100 $88,000
2023 $149 $112,900 $27,100 $85,800
2022 $1,858 $98,000 $24,500 $73,500
2021 $1,996 $89,700 $19,300 $70,400
2020 $1,996 $90,500 $17,500 $73,000
2019 $1,478 $77,100 $17,500 $59,600
2018 $1,752 $77,100 $17,500 $59,600
2017 $1,530 $78,800 $17,500 $61,300
2016 $1,527 $71,900 $17,500 $54,400
2015 $1,647 $77,393 $17,504 $59,889
2014 $1,506 $84,998 $17,504 $67,494
2013 $1,643 $84,998 $17,504 $67,494
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2023

    Hayden Ostwinkle

    Realty87

    (319) 540-0615

    2 in this area

    29 Total Sales

    Hayden Ostwinkle
    Section Image

  • M

    Buyer's Agent in 2023

    Matt McCurdy

    Investor Edge Real Estate

    (319) 450-6447

    2 in this area

    26 Total Sales

    Matt McCurdy
    Section Image

  • G

    Seller's Agent in 2022

    Graf Home Selling Team

    GRAF HOME SELLING TEAM & ASSOCIATES

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2300049

Cedar Rapids Area Association of REALTORS®

APN: 14221-34011-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

315 18th St SE, Cedar Rapids, IA

Not Listed for Sale

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