NOT LISTED FOR SALE

5031 East Rd SW Cedar Rapids, IA 52404

Estimated Value: $179,186 - $349,000

3 Beds
1 Bath
1,056 Sq Ft
$224/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $105,000 $99 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $1,482/month

8 Days on Market

Highlights

  • Wooded Lot
  • Ranch Style House
  • Eat-In Kitchen
  • Prairie Ridge Elementary School Rated A-
  • 2 Car Detached Garage
  • Hot Water Heating System

About This Home

As of October 2022

Investor Alert! This fixer-upper is situated on almost an acre of land surrounded by mature trees on a street with no through traffic. Fix up the house that is there or build new. Located in the desirable College Community School District, you don't want to miss out on this one!

Last Agent to Sell the Property

Monica Hayes

LEPIC-KROEGER CORRIDOR, REALTORS Listed on: 08/02/2022

LEPIC-KROEGER CORRIDOR, REALTORS

Last Buyer's Agent

Jeremy Emmert

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,406

Year Built

  • 1977

Lot Details

  • 0.85 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1,056 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Storage Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Propane
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,406

Year Built

1977

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.8500
  • Above Grade Finished Sq Ft: 1056
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2406
  • List User Cell Phone: 319-325-8659
  • Miscellaneous: Storage Shed
  • Net Tax: 1906
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.84000
  • Ratio Close Price By Original Li: 0.84000
  • Ratio Current Price By Sq Ft: 99.43
  • Total Sq Ft: 1056
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Appliances Included: Dishwasher, Dryer, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 5
  • Site Description: Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Detached

Utilities

  • Heating Cooling: Hot Water Heat, Lp Heat, Window/Wall Air

Schools

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

Lot Info

  • Lot Size: 37,097

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Sep 13, 2022
Sold by
Patricia Swallom Elinor
Bought by
Swaltom Frederick Standley
Seller's Agent
Monica Hayes
LEPIC-KROEGER CORRIDOR, REALTORS
Buyer's Agent
Jeremy Emmert
Realty87
List Price
$125,000
Sold Price
$105,000
Premium/Discount to List
-$20,000
-16%
Current Estimated Value
$236,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,547
Avg. Annual Appreciation
31.57%
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
Swaltom Frederick Standley -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2022 10/26/22 Sold $105,000 -16.0% $99 / Sq Ft
08/10/2022 08/10/22 Pending -- -- --
08/02/2022 08/02/22 For Sale $125,000 -- $118 / 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
2025 $2,734 $169,500 $36,600 $132,900
2024 $179 $168,200 $36,600 $131,600
2023 $179 $144,300 $36,600 $107,700
2022 $2,160 $124,100 $36,600 $87,500
2021 $1,906 $108,300 $36,600 $71,700
2020 $1,906 $105,700 $36,600 $69,100
2019 $2,140 $103,900 $36,600 $67,300
2018 $2,076 $103,900 $36,600 $67,300
2017 $2,255 $104,200 $36,600 $67,600
2016 $2,255 $104,200 $36,600 $67,600
2015 $2,429 $112,915 $36,600 $76,315
2014 $2,242 $112,915 $36,600 $76,315
2013 $2,128 $112,915 $36,600 $76,315
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2207561

Cedar Rapids Area Association of REALTORS®

APN: 19111-51005-00000