NOT LISTED FOR SALE

5031 East Rd SW Cedar Rapids, IA 52404

Estimated Value: $171,580 - $228,000

3 Beds
1 Bath
1,056 Sq Ft
$187/Sq Ft Est. Value

Last Sold October 26, 2022

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

Est. 88% increase in value since last sale

Current estimated payment $1,117/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

COLDWELL BANKER HEDGES

COLDWELL BANKER HEDGES

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
COLDWELL BANKER HEDGES
List Price
$125,000
Sold Price
$105,000
Premium/Discount to List
-$20,000
-16%
Total Days on Market
8
Current Estimated Value
$197,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,145
Avg. Annual Appreciation
27.18%
Original Mortgage
$134,000
Outstanding Balance
$86,588
Interest Rate
6.92%
Mortgage Type
Credit Line Revolving
Estimated Equity
$110,557
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
Swaltom Frederick Standley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bcmt Llc $134,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

  • Monica Hayes

    Seller's Agent in 2022

    Monica Hayes

    LEPIC-KROEGER CORRIDOR, REALTORS

    (319) 519-0569

    671 Total Sales

    Monica Hayes
    Section Image

  • J

    Buyer's Agent in 2022

    Jeremy Emmert

    COLDWELL BANKER HEDGES

    (319) 210-0630

    100 Total Sales

    Jeremy Emmert
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2207561

Cedar Rapids Area Association of REALTORS®

APN: 19111-51005-00000

Iowa Linn County Cedar Rapids 52404

5031 East Rd SW, Cedar Rapids, IA

This home is located at 5031 East Rd SW, Cedar Rapids, IA 52404 since 02 August 2022 and is currently estimated at $197,145, approximately $186 per square foot. This property was built in 1977. 5031 East Rd SW is a home located in Linn County with nearby schools including Prairie Heights Elementary School, Prairie Crest Elementary School, and Prairie View Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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