4254 Morelle Rd NE Cedar Rapids, IA 52411
Estimated Value: $466,000 - $607,000
5
Beds
5
Baths
2,338
Sq Ft
$217/Sq Ft
Est. Value
About This Home
This home is located at 4254 Morelle Rd NE, Cedar Rapids, IA 52411 and is currently estimated at $508,510, approximately $217 per square foot. 4254 Morelle Rd NE is a home located in Linn County with nearby schools including T.C. Cherry Elementary School, Viola Gibson Elementary School, and Ponderosa Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 10, 2017
Sold by
Welch Peter B and Meyer Marlene M
Bought by
Welch Peter B and Meyer Marlene M
Current Estimated Value
Purchase Details
Closed on
May 11, 2005
Sold by
Tibor Robert John and Tibor Carol Ann
Bought by
Welch Peter B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$152,193
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$356,317
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Welch Peter B | -- | None Available | |
| Welch Peter B | $374,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Welch Peter B | $300,000 |
Source: Public Records
Tax History Compared to Growth
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 | $7,088 | $438,800 | $90,400 | $348,400 |
| 2024 | $7,942 | $419,600 | $90,400 | $329,200 |
| 2023 | $7,942 | $419,600 | $90,400 | $329,200 |
| 2022 | $7,430 | $388,800 | $90,400 | $298,400 |
| 2021 | $7,996 | $371,000 | $90,400 | $280,600 |
| 2020 | $7,996 | $374,300 | $77,500 | $296,800 |
| 2019 | $7,160 | $344,000 | $77,500 | $266,500 |
| 2018 | $6,782 | $344,000 | $77,500 | $266,500 |
| 2017 | $7,239 | $346,700 | $77,500 | $269,200 |
| 2016 | $7,239 | $343,900 | $77,500 | $266,400 |
| 2015 | $7,901 | $374,677 | $95,918 | $278,759 |
| 2014 | $7,716 | $374,677 | $95,918 | $278,759 |
| 2013 | $7,546 | $374,677 | $95,918 | $278,759 |
Source: Public Records
Map
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