NOT LISTED FOR SALE

501 24th St NE Cedar Rapids, IA 52402

Estimated Value: $200,000 - $222,834

3 Beds
3 Baths
1,508 Sq Ft
$139/Sq Ft Est. Value

Last Sold May 22, 2023

Last sale price $205,000 $136 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,417/month

1 Day on Market

Highlights

  • Recreation Room
  • 2 Car Attached Garage
  • Patio
  • Formal Dining Room
  • Forced Air Cooling System
  • Water Softener is Owned

About This Home

As of May 2023

Move into your new home with peace of mind. This home was inspected *details provided to pre-approved buyers, hardwood floors, updated windows, New Kitchen, New Sewer line, Radon Mitigation System already in place, Extra Parking Pad for Boat, Rv. The 4 seasons room functions as a mudroom/dropzone as well. Enjoy the use of your front & back patios, a Fully fenced yard with a fire-pit and a corner lot with mature trees in a charming neighborhood. Centrally located so you'll have easy access to all sections of town and only 4 minutes to downtown CR! The basement is clean & dry & has an additional shower, Rec Room, and a sizeable laundry room & washtub sink. Worth a look, this one is sure to please, you can call it home.... Let's start planning to get you the keys!!!

Last Agent to Sell the Property

Chassy Pollard

Pinnacle Realty LLC Listed on: 03/17/2023

Last Buyer's Agent

Erin Allen

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,312

Year Built

  • 1939

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,508 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Formal Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,312

Year Built

1939

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.1600
  • Above Grade Finished Sq Ft: 1508
  • Total Bathrooms: 1.20
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 3312
  • List User Cell Phone: 319-720-5700
  • Miscellaneous: 3 Seasons, Fencing, Patio
  • Net Tax: 3127
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.08466
  • Ratio Close Price By Original Li: 1.08466
  • Ratio Current Price By Sq Ft: 135.94
  • Total Sq Ft: 1508
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1939

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Family, 4 Seasons, Non Egress-Ll Room, Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Bedrooms Level 2: 3
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 9

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 440

Utilities

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

Schools

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

Lot Info

  • Lot Size: 6,788

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
May 19, 2023
Sold by
Schmitt Jason P and Schmitt Rebecca
Bought by
Philipp Alec and Philipp Kendra
Seller's Agent
Chassy Pollard
Pinnacle Realty LLC
Buyer's Agent
Erin Allen
Realty87
List Price
$189,000
Sold Price
$205,000
Premium/Discount to List
$16,000
8.47%
Views
58
Current Estimated Value
$208,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,959
Avg. Annual Appreciation
0.90%
Original Mortgage
$198,850
Outstanding Balance
$194,576
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$14,383

Purchase Details

Closed on
Sep 14, 2020
Sold by
Skatter Mitchell J
Bought by
Schmitt Jason P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2017
Closed on
Jul 27, 2017
Sold by
Papp Michaela
Bought by
Skatter Mitchell J
Seller's Agent
Nicki Kramer
Pinnacle Realty LLC
Buyer's Agent
Amy Eaton
Keller Williams Legacy Group
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%
Original Mortgage
$116,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2015
Closed on
Apr 19, 2015
Sold by
Paasch Christopher A and Paasch Andrea M
Bought by
Papp Michaela
Seller's Agent
Marian Flink
SKOGMAN REALTY
Buyer's Agent
Nicki Kramer
Pinnacle Realty LLC
List Price
$133,900
Sold Price
$140,000
Premium/Discount to List
$6,100
4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.53%
Original Mortgage
$112,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2010
Sold by
Bowden Stacey S
Bought by
Paasch Andrea M and Paasch Christopher A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,860
Interest Rate
5.03%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Philipp Alec $205,000 None Listed On Document
Schmitt Jason P $160,000 None Available
Schmitt Jason P -- Johnson Scott E
Skatter Mitchell J -- None Available
Papp Michaela $140,000 None Available
Paasch Andrea M $122,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Philipp Alec $198,850
Previous Owner Schmitt Jason P $128,000
Previous Owner Skatter Mitchell J $116,000
Previous Owner Papp Michaela $112,000
Previous Owner Paasch Andrea M $105,860
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2023 05/22/23 Sold $205,000 +8.5% $136 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $189,000 +30.3% $125 / Sq Ft
08/21/2017 08/21/17 Sold $145,000 0.0% $93 / Sq Ft
07/12/2017 07/12/17 Pending -- -- --
07/11/2017 07/11/17 For Sale $145,000 +3.6% $93 / Sq Ft
04/30/2015 04/30/15 Sold $140,000 +4.6% $103 / Sq Ft
02/20/2015 02/20/15 Pending -- -- --
02/11/2015 02/11/15 For Sale $133,900 -- $99 / 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 $3,154 $160,700 $34,700 $126,000
2022 $3,002 $158,400 $30,800 $127,600
2021 $2,936 $153,900 $30,800 $123,100
2020 $2,936 $141,700 $25,700 $116,000
2019 $2,768 $141,700 $25,700 $116,000
2018 $2,686 $136,900 $25,700 $111,200
2017 $2,635 $132,600 $25,700 $106,900
2016 $2,635 $124,000 $25,700 $98,300
2015 $2,501 $117,555 $25,700 $91,855
2014 $2,316 $126,033 $25,700 $100,333
2013 $2,374 $126,033 $25,700 $100,333
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2301707

Cedar Rapids Area Association of REALTORS®

APN: 14151-84001-00000