NOT LISTED FOR SALE

401 16th St NE Cedar Rapids, IA 52402

Mound View Neighborhood

Estimated Value: $110,000 - $130,000

4 Beds
1 Bath
1,698 Sq Ft
$72/Sq Ft Est. Value

Last Sold November 17, 2017

Last sale price $35,000 $21 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $704/month

7 Days on Market

About This Home

As of November 2017

If you are an investor or an owner wanting to maximize your equity you won't want to miss this property! Hardwood floors throughout, the interior needs cosmetic repairs and some finishing touches but could be liveable or cash flowing very quickly. This is not a short sale and not a Repo but is being sold "as is", anything at the property will be left after closing including building materials and personal items. The owner lives out of State and will need several days to receive any offers via mail, give at least 48hours for response time to all offers.

Last Agent to Sell the Property

Derek Irwin

Inspirational Realty and Renovation Listed on: 10/11/2017

Last Buyer's Agent

Ellen Webber

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Year Built

  • 1900

Lot Details

  • Lot Dimensions are 35 x 60

Home Design

  • Frame Construction

Interior Spaces

  • 1,698 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Basement

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

Utilities

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

Home Details

Home Type

Single Family

Year Built

1900

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1698
  • Total Bathrooms: 1.00
  • Bedrooms Level 3: 2
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 1236
  • List User Cell Phone: 319-573-1141
  • Net Tax: 1236
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 20.61
  • Total Sq Ft: 1698
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Appliances Included: Range, Refrigerator, Water Heater – Gas
  • Basement: Block, Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 2: 3
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 7

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 35 X 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2017
Closed on
Nov 16, 2017
Sold by
Madarang Monico and Madarang Blanca L
Bought by
Freund Rental Properties Llc
Seller's Agent
Derek Irwin
Inspirational Realty and Renovation
Buyer's Agent
Ellen Webber
Keller Williams Legacy Group
List Price
$35,000
Sold Price
$35,000
Current Estimated Value
$121,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,686
Avg. Annual Appreciation
18.00%
Original Mortgage
$63,750
Outstanding Balance
$51,761
Interest Rate
3.88%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$71,763

Purchase Details

Closed on
Jul 29, 2003
Sold by
Tetrick James B and Tetrick Karen S
Bought by
Davidson Tyler R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,456
Interest Rate
5.3%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Freund Rental Properties Llc $35,000 None Available
Davidson Tyler R $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freund Rental Properties Llc $63,750
Previous Owner Davidson Tyler R $62,456
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2017 11/17/17 Sold $35,000 0.0% $21 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
10/11/2017 10/11/17 For Sale $35,000 -- $21 / 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 $338 $96,300 $11,900 $84,400
2022 $1,456 $84,700 $11,900 $72,800
2021 $1,474 $70,300 $9,800 $60,500
2020 $1,474 $66,800 $8,700 $58,100
2019 $824 $38,200 $8,700 $29,500
2018 $1,214 $38,200 $8,700 $29,500
2017 $1,290 $56,800 $8,700 $48,100
2016 $1,290 $60,700 $8,700 $52,000
2015 $1,306 $61,389 $8,680 $52,709
2014 $1,306 $64,632 $8,680 $55,952
2013 $683 $64,632 $8,680 $55,952
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Derek Irwin

    Inspirational Realty and Renovation

    (319) 573-1141

    15 Total Sales

    Derek Irwin
    Section Image

  • E

    Buyer's Agent in 2017

    Ellen Webber

    Keller Williams Legacy Group

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1709255

Cedar Rapids Area Association of REALTORS®

APN: 14222-26001-00000

Iowa Linn County Cedar Rapids 52402 Mound View

401 16th St NE, Cedar Rapids, IA

This home is located at 401 16th St NE, Cedar Rapids, IA 52402 since 11 October 2017 and is currently estimated at $121,686, approximately $71 per square foot. This property was built in 1900. 401 16th St NE is a home located in Linn County with nearby schools including Garfield Elementary School, 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.

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