NOT LISTED FOR SALE

3541 Elm Ave SE Cedar Rapids, IA 52403

Kenwood Park Neighborhood

Estimated Value: $153,000 - $200,000

3 Beds
1 Bath
1,529 Sq Ft
$118/Sq Ft Est. Value

Last Sold August 30, 2017

Last sale price $132,500 $87 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,229/month

18 Days on Market

Highlights

  • 0.6 Acre Lot
  • Main Floor Primary Bedroom
  • 1 Car Detached Garage
  • Recreation Room
  • L-Shaped Dining Room
  • Living Room

About This Home

As of August 2017

Welcome to this beautiful, move-in ready home sitting on 3 and a half lots (.6 acres) in a quiet and friendly neighborhood. Beautiful refinished hardwood floors cover the main level of the home which also features two bedrooms and a full bath. Also on the main level is the kitchen with tons of space, breakfast nook and newer stainless steel appliances (included). Head upstairs to the fully finished master suite with plush carpet and plenty of space to accommodate a king size bed and much more. Also enjoy plenty of closet and storage space. The finished walkout basement of this gorgeous home features another living/ rec area (wired for surround sound), tiled laundry station, and even more storage. The back yard is a family/ entertaining paradise that features mature trees, 24x24 ft. garden, play house (easily converted to chicken coop/ tool shed) and all the privacy anyone could ask for. Schedule your showing today!

Last Agent to Sell the Property

Travis Ferguson

KW Advantage Listed on: 07/11/2017

KW Advantage

Last Buyer's Agent

Bob & Lenchen Raeside

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,056

Year Built

  • 1940

Lot Details

  • 0.6 Acre Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Living Room
  • L-Shaped Dining Room
  • Recreation Room
  • Microwave

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,056

Year Built

1940

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.6000
  • Above Grade Finished Sq Ft: 977
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Dining 'L'
  • Gross Tax: 2056
  • List User Cell Phone: 515-661-1202
  • Low Lvl Fin Sq Ft: 552
  • Miscellaneous: Cable Ready
  • Net Tax: 2056
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98148
  • Ratio Close Price By Original Li: 0.98148
  • Ratio Current Price By Sq Ft: 135.62
  • Total Sq Ft: 1529
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Appliances Included: Dryer, Microwave, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, Living Room, Rec Room
  • Basement: Full, Walkout
  • 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: 7

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 1 Car, Detached

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 26321

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2017
Closed on
Aug 28, 2017
Sold by
Rehn Seth F and Rehn Kelsie C
Bought by
Koch Kconi Lee and Koch Courtney L
Seller's Agent
Travis Ferguson
KW Advantage
Buyer's Agent
Bob & Lenchen Raeside
Realty87
List Price
$135,000
Sold Price
$132,500
Premium/Discount to List
-$2,500
-1.85%
Current Estimated Value
$180,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,997
Avg. Annual Appreciation
3.95%
Original Mortgage
$106,000
Outstanding Balance
$90,895
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$89,251

Purchase Details

Closed on
Aug 29, 2013
Sold by
Takes Scott Thomas and Takes Michelle
Bought by
Rehn Seth F and Rehn Kelsie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,754
Interest Rate
4.33%
Mortgage Type
FHA

Purchase Details

Closed on
May 16, 1998
Sold by
Raue Ralph R and Raue Orlena M
Bought by
Raue Ralph R and Raue Orlena M

Purchase Details

Closed on
Mar 1, 1998
Sold by
Creative Resources Inc
Bought by
Takes Scott Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.23%
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
Koch Kconi Lee -- None Available
Rehn Seth F $124,000 None Available
Raue Ralph R -- --
Takes Scott Thomas $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koch Kconi Lee $106,000
Previous Owner Rehn Seth F $121,754
Previous Owner Takes Scott Ty $72,300
Previous Owner Takes Scott $41,000
Previous Owner Takes Scott Thomas $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2017 08/30/17 Sold $132,500 -1.9% $87 / Sq Ft
07/29/2017 07/29/17 Pending -- -- --
07/11/2017 07/11/17 For Sale $135,000 -- $88 / 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 $2,784 $156,600 $37,600 $119,000
2022 $71 $140,900 $37,600 $103,300
2021 $2,756 $131,000 $37,600 $93,400
2020 $2,756 $124,900 $31,900 $93,000
2019 $2,166 $100,500 $21,000 $79,500
2018 $1,980 $100,500 $21,000 $79,500
2017 $2,136 $98,100 $21,000 $77,100
2016 $2,136 $100,500 $21,000 $79,500
2015 $2,080 $97,762 $21,029 $76,733
2014 $2,080 $79,951 $21,029 $58,922
2013 $1,480 $79,951 $21,029 $58,922
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Travis Ferguson

    KW Advantage

    (319) 900-1799

    2 in this area

    80 Total Sales

    Section Image

  • B

    Buyer's Agent in 2017

    Bob & Lenchen Raeside

    Realty87

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1706946

Cedar Rapids Area Association of REALTORS®

APN: 14112-76006-00000

Iowa Linn County Cedar Rapids 52403 Kenwood Park

3541 Elm Ave SE, Cedar Rapids, IA

This home is located at 3541 Elm Ave SE, Cedar Rapids, IA 52403 since 11 July 2017 and is currently estimated at $180,497, approximately $118 per square foot. This property was built in 1940. 3541 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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