NOT LISTED FOR SALE

395 Memorial Dr SE Cedar Rapids, IA 52403

Vernon Heights Neighborhood

Estimated Value: $204,000 - $217,175

3 Beds
2 Baths
1,468 Sq Ft
$142/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $168,000 $114 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,417/month

11 Days on Market

Highlights

  • Formal Dining Room
  • Eat-In Kitchen
  • Home Security System
  • 1 Car Detached Garage
  • Forced Air Cooling System
  • 2-minute walk to Bever Park

About This Home

As of September 2021

SOLID BUILT SE SIDE 1.5 STORY WITH MANY UPDATES. CHARACTER AND CHARM THROUGHOUT-THIS HOME FEATURES: GLEAMING HARDWOOD FLOORS WITH MANY ORIGINAL SUBTLE DETAILS FROM A TIME WHEN HOMES WERE BUILT TO LAST WITH CARE AND CRAFTSMANSHIP. UPPER LEVEL MASTER SUITE FEATURES A NEWLY REMODELED MASTER BATH WITH STEP IN TILE SHOWER. FORMAL DINING ROOM AND EAT IN KITCHEN (ALL APPLIANCES INLCUDED, WASHER & DRYER TOO). NICE SIZED MAIN LEVEL SPARE BEDROOMS WITH EASY ACCESS TO ANOTHER FULL BATH. THE BACKYARD PROVIDES A QUIET RETREAT THAT IS FULLY FENCED IN AND IS 200 FEET DEEP WITH NO HOUSES IN BEHIND. WALKING DISTANCE TO BEVER PARK. MINUTES TO SCHOOLS AND EASY ACCCESS TO DOWNTOWN AND OTHER AMENITIES (BRAND NEW AC UNIT TO BE INSTALLED PRIOR TO CLOSE. STORM DAMAGE-FACIA ON FRONT AND REAR OF HOUSE, AND SHINGLE DAMAGE ON REAR OF HOUSE TO BE REPAIRED PRIOR TO CLOSING).

Last Agent to Sell the Property

Tim Nye

GRAF HOME SELLING TEAM & ASSOCIATES Listed on: 07/30/2021

Last Buyer's Agent

Gunther Sandersfeld

SKOGMAN REALTY

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,018

Year Built

  • 1934

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,468 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Formal Dining Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Lot Dimensions are 45x200

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,018

Year Built

1934

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Above Grade Finished Sq Ft: 1468
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 3018
  • List User Cell Phone: 319-329-2794
  • Miscellaneous: Cable Ready, Handicapped Features, Security System
  • Net Tax: 3018
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96000
  • Ratio Close Price By Original Li: 0.96000
  • Ratio Current Price By Sq Ft: 114.44
  • Total Sq Ft: 1468
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: RES
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1934

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family
  • Basement: Block, Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 1
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 7

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

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

Utilities

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

Schools

  • Elementary School: Grant Wood
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 45x200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Sep 16, 2021
Sold by
Estate Of Kent D Warner
Bought by
Severson Caleb J and Severson Sara Anne
Seller's Agent
Tim Nye
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Gunther Sandersfeld
SKOGMAN REALTY
List Price
$175,000
Sold Price
$168,000
Premium/Discount to List
-$7,000
-4%
Current Estimated Value
$208,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,794
Avg. Annual Appreciation
5.07%
Original Mortgage
$159,600
Outstanding Balance
$146,798
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$56,209

Purchase Details

Closed on
Apr 30, 2008
Sold by
Olson Tyler G and Olson Sarah Halbrook
Bought by
Fowler Carrie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,406
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2006
Sold by
Olson Tyler G
Bought by
Olson Tyler G and Olson Sarah Halbrook

Purchase Details

Closed on
Jun 16, 2003
Sold by
Wicke Thomas J and Wicke Ann M
Bought by
Olson Tyler G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,310
Interest Rate
4.37%
Mortgage Type
Unknown
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
Severson Caleb J $168,000 None Available
Fowler Carrie R $135,000 None Available
Olson Tyler G -- None Available
Olson Tyler G $114,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Severson Caleb J $159,600
Previous Owner Warner Kent D $141,521
Previous Owner Fowler Carrie R $133,406
Previous Owner Olson Tyler G $54,310
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $168,000 -4.0% $114 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $175,000 +25.0% $119 / Sq Ft
06/19/2012 06/19/12 Sold $140,000 -4.7% $95 / Sq Ft
05/07/2012 05/07/12 Pending -- -- --
02/21/2012 02/21/12 For Sale $146,950 -- $100 / 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 $3,168 $192,300 $37,500 $154,800
2022 $3,196 $159,100 $32,500 $126,600
2021 $3,100 $154,300 $32,500 $121,800
2020 $3,100 $140,500 $25,000 $115,500
2019 $2,954 $137,000 $25,000 $112,000
2018 $2,872 $137,000 $25,000 $112,000
2017 $2,872 $138,200 $25,000 $113,200
2016 $2,874 $135,200 $25,000 $110,200
2015 $2,804 $131,752 $24,975 $106,777
2014 $2,804 $131,752 $24,975 $106,777
2013 $2,744 $131,752 $24,975 $106,777
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tim Nye

    GRAF HOME SELLING TEAM & ASSOCIATES

    2 in this area

    57 Total Sales

    Tim Nye
    Section Image
  • Gunther Sandersfeld

    Buyer's Agent in 2021

    Gunther Sandersfeld

    SKOGMAN REALTY

    (319) 826-4122

    1 in this area

    93 Total Sales

    Gunther Sandersfeld
    Section Image

  • M

    Seller's Agent in 2012

    Mike Schulte

    Realty87

    3 in this area

    107 Total Sales

    Mike Schulte
    Section Image

  • J

    Buyer's Agent in 2012

    Jessica Cummings

    Realty87

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2105099

Cedar Rapids Area Association of REALTORS®

APN: 14233-01036-00000

Iowa Linn County Cedar Rapids 52403 Vernon Heights

395 Memorial Dr SE, Cedar Rapids, IA

This home is located at 395 Memorial Dr SE, Cedar Rapids, IA 52403 since 30 July 2021 and is currently estimated at $208,794, approximately $142 per square foot. This property was built in 1934. 395 Memorial Dr SE is a home located in Linn County with nearby schools including Grant Wood Elementary School, McKinley STEAM Academy, 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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