NOT LISTED FOR SALE

5001 East Rd SW Cedar Rapids, IA 52404

Estimated Value: $212,000 - $328,000

2 Beds
1 Bath
1,254 Sq Ft
$236/Sq Ft Est. Value

Last Sold October 15, 2012

Last sale price $86,000 $69 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $2,114/month

64 Days on Market

Highlights

  • Wooded Lot
  • Ranch Style House
  • 2 Car Detached Garage
  • Prairie Ridge Elementary School Rated A-
  • Den
  • Forced Air Cooling System

About This Home

As of October 2012

CLEAN 1254 SQ FT RANCH SW ON ONE ACRE. NEWER 24X24 GARAGE. 2 BIG BEDROOMS, BIG BATHROOM. PRICED BELOW TAX VALUE.

Last Agent to Sell the Property

Dj Carpenter

IOWA REALTY Listed on: 07/25/2012

Last Buyer's Agent

Ross Nusser

Urban Acres Real Estate Corridor

Urban Acres Real Estate Corridor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,975

Year Built

  • 1954

Lot Details

  • Lot Dimensions are 100 x 365
  • Wooded Lot

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,254 Sq Ft Home
  • Family Room
  • Combination Kitchen and Dining Room
  • Den
  • Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Storage Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,975

Year Built

1954

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1254
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 1975
  • List User Cell Phone: 319-573-2458
  • Miscellaneous: Cable Ready, Storage Shed
  • Net Tax: 1856
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.95662
  • Ratio Close Price By Original Li: 0.95662
  • Ratio Current Price By Sq Ft: 68.58
  • Total Sq Ft: 1254
  • Taxable Value Tv: 103850.00
  • Tax Roll Number: 1911151002
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Appliances Included: Garage Door Opener, Range, Refrigerator, Washer, Water Heater – Electric
  • Additional Room: 1st Floor Family, 1st Floor Laundry, Den/Study
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 6
  • Site Description: In-Town Acrg, Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 1 Car, 2 Cars, Detached
  • Garage Size: 576

Utilities

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

Schools

  • Elementary School: College Comm
  • Middle School: College Comm
  • High School: College Comm

Lot Info

  • Lot Size: 100 X 365

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2017
Sold by
Ilandco Corporation
Bought by
Putz Michael E and Benhart Deborah S
Total Days on Market
64
Current Estimated Value
$296,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.9%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 25, 2012
Closed on
Oct 15, 2012
Sold by
Handco Corp
Bought by
Putz Mike
Seller's Agent
Dj Carpenter
IOWA REALTY
Buyer's Agent
Ross Nusser
Urban Acres Real Estate Corridor
List Price
$89,900
Sold Price
$86,000
Premium/Discount to List
-$3,900
-4.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%
Original Mortgage
$100,000
Interest Rate
3.55%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jul 25, 2012
Closed on
Oct 13, 2012
Sold by
Park Vivian I
Bought by
Llandco Corp
Seller's Agent
Dj Carpenter
IOWA REALTY
Buyer's Agent
Ross Nusser
Urban Acres Real Estate Corridor
List Price
$89,900
Sold Price
$86,000
Premium/Discount to List
-$3,900
-4.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.55%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Putz Michael E $101,000 None Available
Putz Mike $86,000 None Available
Llandco Corp $86,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Putz Michael E $15,000
Open Putz Michael E $236,000
Closed Putz Michael E $225,000
Previous Owner Putz Mike $100,000
Previous Owner Llandco Corp $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2012 10/15/12 Sold $86,000 -4.3% $69 / Sq Ft
09/27/2012 09/27/12 Pending -- -- --
07/25/2012 07/25/12 For Sale $89,900 -- $72 / 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 $5,488 $298,100 $36,600 $261,500
2022 $4,522 $256,600 $36,600 $220,000
2021 $4,668 $217,000 $36,600 $180,400
2020 $4,668 $213,600 $36,600 $177,000
2019 $3,738 $175,200 $36,600 $138,600
2018 $2,168 $175,200 $36,600 $138,600
2017 $2,290 $110,300 $36,600 $73,700
2016 $2,387 $110,300 $36,600 $73,700
2015 $2,406 $111,775 $36,600 $75,175
2014 $2,406 $103,850 $36,600 $67,250
2013 $2,124 $103,850 $36,600 $67,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1205648

Cedar Rapids Area Association of REALTORS®

APN: 19111-51002-00000