NOT LISTED FOR SALE

3518 Elm Ave SE Cedar Rapids, IA 52403

Kenwood Park Neighborhood

Estimated Value: $123,000 - $146,000

2 Beds
2 Baths
1,494 Sq Ft
$90/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $88,000 $59 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $884/month

126 Days on Market

About This Home

As of February 2023

Easy investment opportunity awaits with this 2 bed, 2 bath home with a fully finished attic and partially finished basement. Partially fenced backyard and a 1 stall garage off the alley.

Last Agent to Sell the Property

Katie Reck

RUHL & RUHL REALTORS® Listed on: 09/08/2022

RUHL & RUHL REALTORS®

Last Buyer's Agent

Jen Steffen

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,133

Year Built

  • 1925

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1.5-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Basement

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

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,133

Year Built

1925

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.1300
  • Above Grade Finished Sq Ft: 994
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Gross Tax: 2133
  • List User Cell Phone: 319-327-7992
  • Low Lvl Fin Sq Ft: 500
  • Net Tax: 2133
  • Other: Repo
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.88088
  • Ratio Close Price By Original Li: 0.78571
  • Ratio Current Price By Sq Ft: 88.53
  • Total Sq Ft: 1494
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Basement: Block, Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 1 Car

Utilities

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

Schools

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

Lot Info

  • Lot Size: 5,617

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Feb 24, 2023
Sold by
Skaar Ethan R
Bought by
Ohnward Bank & Trust
Seller's Agent
Katie Reck
RUHL & RUHL REALTORS®
Buyer's Agent
Jen Steffen
Pinnacle Realty LLC
List Price
$112,000
Sold Price
$88,000
Premium/Discount to List
-$24,000
-21.43%
Views
374
Current Estimated Value
$134,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,078
Avg. Annual Appreciation
17.44%
Original Mortgage
$81,800
Outstanding Balance
$79,149
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$54,929

Purchase Details

Listed on
Sep 8, 2022
Closed on
Feb 21, 2023
Sold by
Cadog Management Group Llc
Bought by
Skaar Ethan R
Seller's Agent
Katie Reck
RUHL & RUHL REALTORS®
Buyer's Agent
Jen Steffen
Pinnacle Realty LLC
List Price
$112,000
Sold Price
$88,000
Premium/Discount to List
-$24,000
-21.43%
Views
374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,800
Outstanding Balance
$79,149
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$54,929

Purchase Details

Listed on
Sep 16, 2013
Closed on
May 4, 2014
Sold by
Holtz Benjamin E and Holtz Jennifer M
Bought by
Caldwell Rhonda A
Seller's Agent
Kevin Heinbuch
PRK Williams Realty
Buyer's Agent
Randy Richter
RUHL & RUHL REALTORS®
List Price
$98,990
Sold Price
$95,000
Premium/Discount to List
-$3,990
-4.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.87%
Original Mortgage
$92,287
Interest Rate
4.41%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 2006
Sold by
Dvorak Michael and Dvorak Deana
Bought by
Holtz Benjamin E and Holtz Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,500
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 14, 2004
Sold by
Samuelson Layne L and Samuelson Patricia A
Bought by
Dvorak Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,221
Interest Rate
5.84%
Mortgage Type
FHA
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
Ohnward Bank & Trust -- --
Skaar Ethan R $88,000 --
Caldwell Rhonda A $95,000 None Available
Holtz Benjamin E $86,000 None Available
Dvorak Michael $80,000 Midwest Community Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skaar Ethan R $81,800
Previous Owner Caldwell Rhonda A $92,287
Previous Owner Holtz Benjamin E $86,500
Previous Owner Dvorak Michael $78,221
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2023 02/24/23 Sold $88,000 -11.9% $59 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
12/13/2022 12/13/22 Price Changed $99,900 -4.9% $67 / Sq Ft
11/18/2022 11/18/22 Price Changed $105,000 -4.1% $70 / Sq Ft
09/30/2022 09/30/22 Price Changed $109,500 -2.2% $73 / Sq Ft
09/08/2022 09/08/22 For Sale $112,000 +17.9% $75 / Sq Ft
05/06/2014 05/06/14 Sold $95,000 -4.0% $66 / Sq Ft View Prior Sale
04/09/2014 04/09/14 Pending -- -- --
09/16/2013 09/16/13 For Sale $98,990 -- $69 / 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 $2,038 $116,900 $22,500 $94,400
2024 $2,124 $115,200 $19,600 $95,600
2023 $2,124 $115,200 $19,600 $95,600
2022 $1,378 $100,700 $19,600 $81,100
2021 $1,852 $93,700 $19,600 $74,100
2020 $1,852 $92,500 $16,700 $75,800
2019 $1,454 $76,000 $11,000 $65,000
2018 $1,308 $76,000 $11,000 $65,000
2017 $1,426 $74,000 $11,000 $63,000
2016 $1,615 $76,000 $11,000 $65,000
2015 $1,681 $78,970 $10,976 $67,994
2014 $1,496 $76,930 $10,976 $65,954
2013 $1,416 $76,930 $10,976 $65,954
Source: Public Records

Agents Affiliated with this Home

  • Katie Reck

    Seller's Agent in 2023

    Katie Reck

    Ruhl & Ruhl

    (319) 327-7992

    4 in this area

    102 Total Sales

    Katie Reck
    Section Image
  • Jen Steffen

    Buyer's Agent in 2023

    Jen Steffen

    Pinnacle Realty LLC

    (319) 981-0330

    6 in this area

    91 Total Sales

    Jen Steffen
    Section Image
  • Kevin Heinbuch

    Seller's Agent in 2014

    Kevin Heinbuch

    PRK Williams Realty

    (319) 360-7139

    3 in this area

    42 Total Sales

    Kevin Heinbuch
    Section Image
  • Randy Richter

    Buyer's Agent in 2014

    Randy Richter

    Ruhl & Ruhl

    (319) 310-1430

    5 in this area

    111 Total Sales

    Randy Richter
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2208372

Cedar Rapids Area Association of REALTORS®

APN: 14112-54015-00000

Iowa Linn County Cedar Rapids 52403 Kenwood Park

3518 Elm Ave SE, Cedar Rapids, IA

This home is located at 3518 Elm Ave SE, Cedar Rapids, IA 52403 since 08 September 2022 and is currently estimated at $134,078, approximately $89 per square foot. This property was built in 1925. 3518 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.

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