NOT LISTED FOR SALE

506 27th Ave SW Cedar Rapids, IA 52404

Southwest Area Neighborhood

Estimated Value: $40,000 - $127,000

4 Beds
2 Baths
1,756 Sq Ft
$36/Sq Ft Est. Value

Last Sold November 27, 2024

Last sale price $33,500 $19 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $436/month

5 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Forced Air Heating System
  • Junction City Elementary School Rated A
  • 2 Car Detached Garage
  • Wood Siding

About This Home

As of November 2024

Investment Opportunity! If you're looking for a project, this 4-bedroom, 2-bathroom, two-story home is a diamond in the rough. Priced to sell, this property is uninhabitable in its current condition and needs extensive work. (Had some fire damage in the kitchen and above the kitchen) It sits on a newer poured foundation, detached two-car garage also on a sturdy concrete foundation. The lot is huge/deep, offering plenty of potential for those with vision! This property is being sold as-is, with all existing contents included. Cash offers only. Taking offers until Sunday 11/3 at 3 PM, with responses going out on Monday 11/4. Investors, don't miss out on this rare opportunity! Must sign a hold harmless document prior to entering.

Last Agent to Sell the Property

Chris Boddicker

Urban Acres Real Estate Corridor Listed on: 10/31/2024

Urban Acres Real Estate Corridor

Last Buyer's Agent

John Szewc

Epique Realty

Epique Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1880

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 50x328

Parking

  • 2 Car Detached Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,756 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Schools

  • Grant Elementary School
  • Wilson Middle School
  • Jefferson High School

Additional Features

  • Deck
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 14333-54015-00000

Home Details

Home Type

Single Family

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 0.38
  • Co List Office Phone: 800-746-9464
  • MLS Status: Closed
  • Directions: Take Sixth St SW to 27th Ave SW, house will be on your left - no sign in the yard.
  • Above Grade Finished Sq Ft: 1756.0
  • Architectural Style: Two Story
  • Reso Interior Features: Dining Area, Separate/Formal Dining Room, Upper Level Primary
  • Unit Levels: Two
  • New Construction: No
  • Year Built: 1880
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Concrete, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Construction Type: Frame, Wood Siding
  • Foundation Details: Poured
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Detached, Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Grant
  • High School: Jefferson
  • Middle Or Junior School: Wilson

Lot Info

  • Lot Dimensions: 50X328
  • ResoLotSizeUnits: Acres
  • Parcel Number: 14333-54015-00000
  • ResoLotSizeUnits: Acres

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1459.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2024
Closed on
Nov 22, 2024
Sold by
Rooster Properties Llc
Bought by
Giovanni Properties Llc
Seller's Agent
Chris Boddicker
Urban Acres Real Estate Corridor
Buyer's Agent
John Szewc
Epique Realty
List Price
$29,900
Sold Price
$33,500
Premium/Discount to List
$3,600
12.04%
Views
19
Current Estimated Value
$62,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,363
Avg. Annual Appreciation
87.65%

Purchase Details

Listed on
Oct 31, 2024
Closed on
Oct 25, 2024
Sold by
Hennick Gary L and Hennick Susan M
Bought by
Rooster Properties Llc
Seller's Agent
Chris Boddicker
Urban Acres Real Estate Corridor
Buyer's Agent
John Szewc
Epique Realty
List Price
$29,900
Sold Price
$33,500
Premium/Discount to List
$3,600
12.04%
Views
19
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Giovanni Properties Llc $33,500 None Listed On Document
Rooster Properties Llc $5,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2024 11/27/24 Sold $33,500 +12.0% $19 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
10/31/2024 10/31/24 For Sale $29,900 -- $17 / 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 $1,274 $43,900 $29,700 $14,200
2024 $1,420 $93,400 $29,700 $63,700
2023 $1,420 $82,500 $25,000 $57,500
2022 $1,238 $76,200 $21,900 $54,300
2021 $1,276 $68,700 $21,900 $46,800
2020 $1,276 $66,400 $18,800 $47,600
2019 $1,138 $61,300 $18,800 $42,500
2018 $1,102 $61,300 $18,800 $42,500
2017 $1,491 $68,800 $18,800 $50,000
2016 $1,491 $70,200 $18,800 $51,400
2015 $1,927 $90,605 $18,750 $71,855
2014 $1,742 $93,479 $18,750 $74,729
2013 $1,760 $93,479 $18,750 $74,729
Source: Public Records

Agents Affiliated with this Home

  • Chris Boddicker

    Seller's Agent in 2024

    Chris Boddicker

    Urban Acres Real Estate Corridor

    (319) 530-9390

    4 in this area

    262 Total Sales

    Chris Boddicker
    Section Image
  • John Szewc

    Buyer's Agent in 2024

    John Szewc

    Epique Realty

    (319) 981-2577

    4 in this area

    79 Total Sales

    John Szewc
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2407545

Cedar Rapids Area Association of REALTORS®

APN: 14333-54015-00000

Iowa Linn County Cedar Rapids 52404 Southwest Area

506 27th Ave SW, Cedar Rapids, IA

Not Listed for Sale

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