NOT LISTED FOR SALE

3509 Elm Ave SE Cedar Rapids, IA 52403

Kenwood Park Neighborhood

Estimated Value: $96,000 - $124,000

2 Beds
1 Bath
802 Sq Ft
$138/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $83,000 $103 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $771/month

1 Day on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Living Room
  • 1 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of June 2022

Property Id: 914572

AVAILABLE JULY 1st. Historic charming bungalow 802 sq ft 2 BDRM, 1 BATH finished living space. Added unfinished 2nd FL for play room or office. Unfinished basement for added 783 sq ft. including washer and dryer. 1 car detached garage. Shared driveway with neighbor. Huge fenced yard with a firepit. Large basement space for storage and laundry

Located in a quiet neighborhood. Renter will pay all utilities, perform lawn mowing and snow removal. No smoking. NO pet. You must gross 3 times the rental amount or $3285 a month.

*All rental pricing assumes a standard 12-month lease term and tenant-paid utilities with respect to the type of unit and utility equipment. Pricing may vary depending on lease and agreement terms.

RENT: $1250 *DEPENDING ON CREDIT AND BACKGROUND

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

  • $1,912

Year Built

  • 1920

Lot Details

  • Lot Dimensions are 42 x 181

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • 802 Sq Ft Home
  • Elevator
  • Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

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

$1,912

Year Built

1920

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 802
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 1912
  • List User Cell Phone: 319-389-0639
  • Miscellaneous: Elevator, Home Warranty
  • Net Tax: 1912
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96512
  • Ratio Close Price By Original Li: 0.96512
  • Ratio Current Price By Sq Ft: 103.49
  • Total Sq Ft: 802
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

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

Exterior Features

  • Construction Methods: Frame

Garage/Parking

  • Garage/Parking: 1 Car, 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 181

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
$86,000
Sold Price
$83,000
Premium/Discount to List
-$3,000
-3.49%
Current Estimated Value
$110,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,681
Avg. Annual Appreciation
7.86%
Original Mortgage
$62,230
Outstanding Balance
$59,551
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$45,855

Purchase Details

Listed on
Apr 24, 2022
Closed on
Apr 28, 2022
Sold by
Mcartor Mitchell E and Mcartor Lora L
Bought by
Mcartor Jack R
Seller's Agent
Dawn Bowman
IOWA REALTY
Buyer's Agent
Dawn Bowman
IOWA REALTY
List Price
$86,000
Sold Price
$83,000
Premium/Discount to List
-$3,000
-3.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,230
Outstanding Balance
$59,551
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$45,855
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $83,000 None Listed On Document
Mcartor Jack R -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucio Leonardo $62,230
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Off Market $1,250 -- --
06/11/2025 06/11/25 For Rent $1,250 0.0% --
06/06/2022 06/06/22 Sold $83,000 -3.5% $103 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/24/2022 04/24/22 For Sale $86,000 -- $107 / 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 $1,904 $102,600 $22,300 $80,300
2022 $1,748 $90,300 $22,300 $68,000
2021 $1,836 $84,400 $22,300 $62,100
2020 $1,836 $83,200 $19,000 $64,200
2019 $1,524 $70,700 $12,500 $58,200
2018 $1,390 $70,700 $12,500 $58,200
2017 $1,558 $71,500 $12,500 $59,000
2016 $1,558 $73,300 $12,500 $60,800
2015 $1,642 $77,168 $12,501 $64,667
2014 $1,642 $75,228 $12,501 $62,727
2013 $1,566 $75,228 $12,501 $62,727
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Dawn Bowman

    IOWA REALTY

    (319) 389-0639

    2 in this area

    62 Total Sales

    Section Image

  • S

    Seller Co-Listing Agent in 2022

    Steve Bowman

    IOWA REALTY

    (319) 378-6712

    2 in this area

    63 Total Sales

    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2203708

Cedar Rapids Area Association of REALTORS®

APN: 14112-76012-00000

Iowa Linn County Cedar Rapids 52403 Kenwood Park

3509 Elm Ave SE, Cedar Rapids, IA

This home is located at 3509 Elm Ave SE, Cedar Rapids, IA 52403 since 24 April 2022 and is currently estimated at $110,681, approximately $138 per square foot. This property was built in 1920. 3509 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.

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.

Nearby Homes