NOT LISTED FOR SALE

507 16th Ave SW Cedar Rapids, IA 52404

Estimated Value: $132,000 - $146,149

2 Beds
1 Bath
1,124 Sq Ft
$126/Sq Ft Est. Value

Last Sold May 17, 2018

Last sale price $106,000 $94 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $983/month

31 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Forced Air Cooling System
  • Main Floor Primary Bedroom

About This Home

As of May 2018

This home has been rebuilt from top to bottom. You'll love the gourmet kitchen with breakfast bar. Eat in kitchen with french doors to large deck. Beautiful 1st floor bathroom complete with tiled shower and jet tub. There's a first floor laundry room, too! There are 2 master bedrooms. One on the main floor and huge one in the half story. This home is maintenance free and ready for immediate occupancy.

Last Listed By

Matt Smith

RE/MAX CONCEPTS Listed on: 03/06/2018

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,720

Year Built

  • 1939

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,124 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Lot Dimensions are 55 x 113

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,720

Year Built

1939

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Above Grade Finished Sq Ft: 1124
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen
  • Gross Tax: 1720
  • List User Cell Phone: 319-431-5859
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 1720
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99531
  • Ratio Close Price By Original Li: 0.97337
  • Ratio Current Price By Sq Ft: 94.31
  • Total Sq Ft: 1124
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1939

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 1
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Utilities

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

Schools

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

Lot Info

  • Lot Size: 55 X 113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2018
Closed on
May 16, 2018
Sold by
Bekeris Raymond R
Bought by
Schneider David S
Seller's Agent
Matt Smith
RE/MAX CONCEPTS
Buyer's Agent
Cassandra Helgens
COLDWELL BANKER HEDGES
List Price
$108,900
Sold Price
$106,000
Premium/Discount to List
-$2,900
-2.66%
Total Days on Market
31
Current Estimated Value
$141,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,537
Avg. Annual Appreciation
4.21%
Original Mortgage
$159,000
Outstanding Balance
$138,359
Interest Rate
4.4%
Mortgage Type
Stand Alone Second
Estimated Equity
$3,178

Purchase Details

Closed on
Aug 5, 2014
Sold by
Bekeris Diana Lynn
Bought by
Bekeris Raymond R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,243
Interest Rate
4.15%
Mortgage Type
Unknown

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
Schneider David S $106,000 None Available
Bekeris Raymond R $73,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schneider David S $159,000
Closed Schneider David S $90,100
Previous Owner Bekeris Raymond R $85,243
Previous Owner Golden Joan $18,525
Previous Owner Golden Joan $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2018 05/17/18 Sold $106,000 -0.5% $94 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
03/30/2018 03/30/18 Price Changed $106,500 -2.2% $95 / Sq Ft
03/06/2018 03/06/18 For Sale $108,900 -- $97 / 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 $2,330 $130,900 $27,500 $103,400
2022 $1,908 $119,300 $22,900 $96,400
2021 $2,000 $101,100 $22,900 $78,200
2020 $2,000 $99,200 $20,600 $78,600
2019 $1,756 $90,000 $20,600 $69,400
2018 $1,886 $90,000 $20,600 $69,400
2017 $1,886 $79,000 $20,600 $58,400
2016 $1,928 $90,700 $20,600 $70,100
2015 $1,830 $85,977 $20,617 $65,360
2014 $1,830 $86,441 $20,617 $65,824
2013 $52 $86,441 $20,617 $65,824
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1801462

Cedar Rapids Area Association of REALTORS®

APN: 14332-33027-00000