NOT LISTED FOR SALE

Estimated Value: $105,000 - $144,000

2 Beds
1.5 Baths
1,160 Sq Ft
$110/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $90,500 $78 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $855/month

1 Day on Market

Highlights

  • Formal Dining Room
  • Forced Air Cooling System
  • Living Room
  • 2 Car Detached Garage

About This Home

As of June 2022

This home is located at 3507 Elm Ave SE, Cedar Rapids, IA 52403 since 24 April 2022 and is currently estimated at $127,618, approximately $110 per square foot. This property was built in 1920. 3507 Elm Ave SE is a home located in Linn County with nearby schools including Kenwood Leadership Academy, Franklin Middle School, and George Washington High School.

Last Agent to Sell the Property

Dawn Bowman

IOWA REALTY Listed on: 04/24/2022

Co-Listed By

Steve Bowman

IOWA REALTY

Last Buyer's Agent

Dawn Bowman

IOWA REALTY Listed on: 04/24/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,141

Year Built

  • 1920

Lot Details

  • Lot Dimensions are 42 x 180

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 1,160 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,141

Year Built

1920

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Above Grade Finished Sq Ft: 1160
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 2141
  • List User Cell Phone: 319-389-0639
  • Miscellaneous: Home Warranty
  • Net Tax: 2141
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97312
  • Ratio Close Price By Original Li: 0.97312
  • Ratio Current Price By Sq Ft: 78.02
  • Total Sq Ft: 1160
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Appliances Included: Dryer, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 3 Seasons, Living Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 1
  • Level 1 Full Bathrooms: 1
  • Level 2 Half Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame

Garage/Parking

  • Garage/Parking: 2 Cars, Detached

Utilities

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

Schools

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

Lot Info

  • Lot Size: 42 X 180

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2022
Closed on
May 27, 2022
Sold by
Mcartor Jack R
Bought by
Lucio Leonardo and Walton Randall A
Seller's Agent
Dawn Bowman
IOWA REALTY
Buyer's Agent
Dawn Bowman
IOWA REALTY
List Price
$93,000
Sold Price
$90,500
Premium/Discount to List
-$2,500
-2.69%
Current Estimated Value
$127,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,118
Avg. Annual Appreciation
10.84%
Original Mortgage
$67,865
Outstanding Balance
$64,477
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$63,141

Purchase Details

Closed on
Mar 13, 2000
Sold by
Titlbach Joseph W and Titlbach Lois J
Bought by
Mcartor Jack R and Mcartor Katheryn F
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 Buyer Sale Price Title Company
Lucio Leonardo $90,500 None Listed On Document
Lucio Leonardo $90,500 None Listed On Document
Mcartor Jack R $69,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucio Leonardo $67,865
Closed Lucio Leonardo $67,865
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2022 06/06/22 Sold $90,500 -2.7% $78 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/24/2022 04/24/22 For Sale $93,000 -- $80 / 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 $2,098 $120,800 $25,700 $95,100
2024 $2,132 $118,600 $22,300 $96,300
2023 $2,132 $118,600 $22,300 $96,300
2022 $1,954 $101,100 $22,300 $78,800
2021 $2,060 $94,300 $22,300 $72,000
2020 $2,060 $93,400 $19,000 $74,400
2019 $1,648 $76,500 $12,500 $64,000
2018 $1,502 $76,500 $12,500 $64,000
2017 $1,702 $78,000 $12,500 $65,500
2016 $1,702 $80,100 $12,500 $67,600
2015 $1,812 $85,201 $12,501 $72,700
2014 $1,812 $83,020 $12,501 $70,519
2013 $1,728 $83,020 $12,501 $70,519
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2203707

Cedar Rapids Area Association of REALTORS®

APN: 14112-76013-00000