NOT LISTED FOR SALE

Estimated Value: $153,000 - $165,000

3 Beds
2 Baths
1,545 Sq Ft
$104/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $135,000 $87 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,079/month

10 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • 2 Car Detached Garage
  • Forced Air Cooling System
  • Formal Dining Room

About This Home

As of March 2021

This home is located at 407 7th Ave SW, Cedar Rapids, IA 52404 since 11 January 2021 and is currently estimated at $159,920, approximately $103 per square foot. This property was built in 1900. 407 7th Ave SW is a home located in Linn County with nearby schools including Cedar River Academy at Taylor Elementary School, Wilson Middle School, and Thomas Jefferson High School.

Last Listed By

Rachel Koth

Keller Williams Legacy Group Listed on: 01/11/2021

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,325

Year Built

  • 1900

Lot Details

  • Lot Dimensions are 60 x 124

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,545 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Partial Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,325

Year Built

1900

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1545
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 1325
  • List User Cell Phone: 319-651-1963
  • Net Tax: 1325
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96429
  • Ratio Close Price By Original Li: 0.96429
  • Ratio Current Price By Sq Ft: 87.38
  • Total Sq Ft: 1545
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Appliances Included: Dishwasher, Range, Refrigerator
  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 2
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached

Utilities

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

Schools

  • Elementary School: Taylor
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: 60 X 124

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2021
Closed on
Feb 25, 2021
Sold by
Pope Construction Llc
Bought by
Simon Kristin E
Seller's Agent
Rachel Koth
Keller Williams Legacy Group
Buyer's Agent
Linda Hamilton
SKOGMAN REALTY
List Price
$140,000
Sold Price
$135,000
Premium/Discount to List
-$5,000
-3.57%
Total Days on Market
10
Current Estimated Value
$159,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,920
Avg. Annual Appreciation
4.13%
Original Mortgage
$121,500
Outstanding Balance
$110,635
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$49,246

Purchase Details

Listed on
Jul 12, 2019
Closed on
Dec 16, 2019
Sold by
Pancap Llc
Bought by
Pope Construction Llc
Seller's Agent
Teri Kelchen
MAVERICK REALTY
Buyer's Agent
Alicia Porter
RE/MAX CONCEPTS
List Price
$59,900
Sold Price
$40,000
Premium/Discount to List
-$19,900
-33.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
180.34%
Original Mortgage
$75,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 12, 2019
Closed on
Nov 27, 2019
Sold by
Atlantica Llc
Bought by
Pancap Llc
Seller's Agent
Teri Kelchen
MAVERICK REALTY
Buyer's Agent
Alicia Porter
RE/MAX CONCEPTS
List Price
$59,900
Sold Price
$40,000
Premium/Discount to List
-$19,900
-33.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 15, 2019
Sold by
Chase Sheila
Bought by
Atlantica Llc

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
Simon Kristin E $135,000 None Available
Pope Construction Llc $40,000 None Available
Pancap Llc -- Mortgage Connect Lp
Atlantica Llc $51,286 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simon Kristin E $121,500
Previous Owner Pope Consruction Llc $75,000
Previous Owner Pope Construction Llc $55,670
Previous Owner Chase Sheila $28,863
Previous Owner Chase Sheila $20,281
Previous Owner Chase Sheila $15,354
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $135,000 -3.6% $87 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $140,000 +250.0% $91 / Sq Ft
12/27/2019 12/27/19 Sold $40,000 -10.9% $26 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
10/15/2019 10/15/19 Price Changed $44,900 -25.0% $29 / Sq Ft
07/12/2019 07/12/19 For Sale $59,900 -- $39 / 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 $2,302 $137,100 $29,100 $108,000
2022 $1,434 $118,000 $24,200 $93,800
2021 $1,328 $78,200 $24,200 $54,000
2020 $1,328 $60,200 $21,800 $38,400
2019 $1,694 $87,100 $21,800 $65,300
2018 $1,642 $87,100 $21,800 $65,300
2017 $1,641 $92,900 $21,800 $71,100
2016 $1,641 $77,200 $18,500 $58,700
2015 $1,707 $80,185 $18,543 $61,642
2014 $1,568 $83,379 $18,543 $64,836
2013 $1,890 $83,379 $18,543 $64,836
Source: Public Records

Agents Affiliated with this Home

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Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2100204

Cedar Rapids Area Association of REALTORS®

APN: 14283-32002-00000