$41,000
SOLD JUN 28, 2012

318 Highland Dr NW Cedar Rapids, IA 52405

3 Beds
1 Bath
861 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$48 Per Sq Ft

7% Below List Price

36 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Forced Air Cooling System
  • 1 Car Detached Garage

About This Home

As of March 2016

CORP. NO DISC. SOLD AS IS. MUST PROVIDE BANK/CASH LETTER W/ OFFER. UP TO 2 DAYS FOR OFFER RESPONSE. NO SUBJECT TO SALE HOMES. BUYERS TO PAY TO HAVE ALL LOCKS REKEYED WITHIN 4 DAYS OF CLOSING- FEE WILL BE PUT ON HUD FOR BUYERS FEE. BUYER TO PAY FOR ALL WIRE FEES AT CLOSING. FIRST LOOK FOR OWNER OCC FIRST 15 DAYS OF LISTING, INVESTOR OFFERS 4/24/12. MORE INFO IN AGENT REMARKS. HOMEPATH RENOVATION LOAN AVAIL. GO TO WWW.HOMEPATH.COM FOR MORE INFO.

Last Agent to Sell the Property

Judi Mccoy

IOWA REALTY CORRIDOR Listed on: 04/09/2012

IOWA REALTY CORRIDOR

Last Buyer's Agent

Marlyne Miller

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Year Built

  • 1924

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 35 x 63

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 861 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

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

Home Details

Home Type

Single Family

Year Built

1924

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.0500
  • Above Grade Finished Sq Ft: 861
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 1120
  • List User Cell Phone: 319-431-1020
  • Net Tax: 1120
  • Other: Repo
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.93394
  • Ratio Close Price By Original Li: 0.93394
  • Ratio Current Price By Sq Ft: 47.62
  • Total Sq Ft: 861
  • Taxable Value Tv: 61088.00
  • Tax Roll Number: 1429228021
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1924

Interior Features

  • Appliances Included: Water Heater – Gas
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 1
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 1 Car, Detached
  • Garage Size: 216

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Schools

  • Elementary School: Cleveland
  • Middle School: Roosevelt
  • High School: Jefferson

Lot Info

  • Lot Size: 35 X 63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2015
Closed on
Mar 3, 2016
Sold by
Pearson Emily D
Bought by
Mitchell Investments Llc
Seller's Agent
Robert Stiles
Revolution Realty Team LLC
Buyer's Agent
Robert Stiles
Revolution Realty Team LLC
List Price
$64,950
Sold Price
$63,000
Premium/Discount to List
-$1,950
-3%
Current Estimated Value
$117,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,298
Avg. Annual Appreciation
6.71%
Original Mortgage
$50,400
Outstanding Balance
$39,984
Interest Rate
3.72%
Mortgage Type
Commercial
Estimated Equity
$77,314

Purchase Details

Listed on
Sep 21, 2015
Closed on
Feb 26, 2016
Sold by
Jakobsen Enterprises Llc
Bought by
Pearson Emily D
Seller's Agent
Robert Stiles
Revolution Realty Team LLC
Buyer's Agent
Robert Stiles
Revolution Realty Team LLC
List Price
$64,950
Sold Price
$63,000
Premium/Discount to List
-$1,950
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Outstanding Balance
$39,984
Interest Rate
3.72%
Mortgage Type
Commercial
Estimated Equity
$77,314

Purchase Details

Listed on
Apr 9, 2012
Closed on
Jun 27, 2012
Sold by
Federal National Mortgage Association
Bought by
Jakobsen Enterprises Llc
Seller's Agent
Judi Mccoy
IOWA REALTY CORRIDOR
Buyer's Agent
Marlyne Miller
SKOGMAN REALTY
List Price
$43,900
Sold Price
$41,000
Premium/Discount to List
-$2,900
-6.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.38%
Original Mortgage
$49,200
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2012
Sold by
Bailey Diana K
Bought by
Federal National Mortgage Association
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Special Warranty Deed -- None Available
Sheriffs Deed $60,417 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,400 Commercial
Closed $50,400 Commercial
Previous Owner $49,200 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2016 03/04/16 Sold $63,000 -3.0% $69 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
09/21/2015 09/21/15 For Sale $64,950 +58.4% $72 / Sq Ft
06/28/2012 06/28/12 Sold $41,000 -6.6% $48 / Sq Ft
05/15/2012 05/15/12 Pending -- -- --
04/09/2012 04/09/12 For Sale $43,900 -- $51 / 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 $1,378 $88,000 $15,600 $72,400
2024 $1,550 $77,900 $14,400 $63,500
2023 $1,550 $77,900 $14,400 $63,500
2022 $1,416 $73,500 $12,700 $60,800
2021 $1,436 $68,400 $12,100 $56,300
2020 $1,436 $65,100 $10,400 $54,700
2019 $1,330 $61,700 $10,400 $51,300
2018 $1,260 $61,700 $10,400 $51,300
2017 $1,248 $57,300 $10,400 $46,900
2016 $1,198 $56,400 $9,200 $47,200
2015 $1,196 $56,227 $9,240 $46,987
2014 $1,196 $56,227 $9,240 $46,987
2013 $1,170 $56,227 $9,240 $46,987
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1202698

Cedar Rapids Area Association of REALTORS®

APN: 14292-28021-00000