507 Fairview Dr SE Cedar Rapids, IA 52403
Vernon Heights NeighborhoodEstimated Value: $261,000 - $407,278
4
Beds
2.5
Baths
3,823
Sq Ft
$80/Sq Ft
Est. Value
Highlights
- 0.82 Acre Lot
- Formal Dining Room
- Central Air
- Deck
- 3 Car Attached Garage
- 1-minute walk to Fairview Park
About This Home
As of March 2023Check out this historic just under 4,000 sqft brick home in one of Cedar Rapids most sought after neighborhoods. This home boasts 4 bedrooms, 2.75 bathrooms, a screened-in porch, a green house, and a third level that could be finished for more space! The grand entryway is all you need to see before you will be inspired to put the work in to make this lovely home your own.
Home Details
Home Type
- Single Family
Year Built
- 1914
Lot Details
- 0.82
Parking
- 3 Car Attached Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- Great Room with Fireplace
- Formal Dining Room
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
Utilities
- Central Air
- Heating System Uses Gas
Additional Features
- Deck
- 0.82 Acre Lot
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 17, 2022
Closed on
Feb 28, 2023
Sold by
Carrington Mortgage Services Llc
Bought by
Porter Joseph and Porter Melissa
Seller's Agent
Katie Reck
RUHL & RUHL REALTORS®
Buyer's Agent
Julie Gassmann
Pinnacle Realty LLC
List Price
$310,000
Sold Price
$242,250
Premium/Discount to List
-$67,750
-21.85%
Total Days on Market
83
Views
507
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,070
Avg. Annual Appreciation
11.19%
Original Mortgage
$205,913
Outstanding Balance
$200,349
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$105,593
Purchase Details
Closed on
Oct 4, 2022
Sold by
Sheriffs Of Linn County
Bought by
Reverse Mortgage Funding Llc
Purchase Details
Closed on
Dec 12, 2015
Sold by
Hoskins Donald C and Johnson Janet S
Bought by
Hoskins Donald C
Purchase Details
Closed on
Oct 22, 2009
Sold by
Healy Michael E and Healy Faye C
Bought by
Loney Gary T and Loney Sarah E
Purchase Details
Closed on
Sep 30, 2004
Sold by
Loomis Anne E H and Hoskins Anne E H
Bought by
Hoskins Donald C
Purchase Details
Closed on
Aug 28, 2002
Sold by
Hindman Mary K and Parks Thomas A
Bought by
Hoskins Donald C and Hoskins Anne E H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
6.41%
Purchase Details
Closed on
Mar 18, 2002
Sold by
Hindman Mary K and Parks Thomas A
Bought by
Hoskins Donald C and Hoskins Anne E H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
7%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 1, 1999
Sold by
Wallace Margaret Amelia
Bought by
Wright Michael J and Wright Christina M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Cedar Rapids, IA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Porter Joseph | $242,500 | -- | |
| Carrington Mortgage Services Llc | -- | -- | |
| Reverse Mortgage Funding Llc | $310,500 | -- | |
| Hoskins Donald C | -- | None Available | |
| Loney Gary T | -- | None Available | |
| Hoskins Donald C | -- | -- | |
| Hoskins Donald C | $279,500 | Midwest Community Title | |
| Hoskins Donald C | $280,000 | -- | |
| Wright Michael J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Carrington Mortgage Services Llc | $205,913 | |
| Previous Owner | Hoskins Donald C | $67,386 | |
| Previous Owner | Hoskins Donald C | $59,137 | |
| Previous Owner | Hoskins Donald C | $251,000 | |
| Previous Owner | Hoskins Donald C | $255,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/08/2023 03/08/23 | Sold | $242,250 | 0.0% | $63 / Sq Ft |
| 02/08/2023 02/08/23 | Pending | -- | -- | -- |
| 01/24/2023 01/24/23 | Price Changed | $242,250 | -5.0% | $63 / Sq Ft |
| 12/13/2022 12/13/22 | Price Changed | $255,000 | -17.7% | $67 / Sq Ft |
| 11/17/2022 11/17/22 | For Sale | $310,000 | -- | $81 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 | $7,732 | $255,400 | $122,600 | $132,800 |
| 2022 | $8,016 | $375,500 | $122,600 | $252,900 |
| 2021 | $8,854 | $395,900 | $143,000 | $252,900 |
| 2020 | $8,854 | $409,900 | $143,000 | $266,900 |
| 2019 | $8,296 | $393,400 | $143,000 | $250,400 |
| 2018 | $7,372 | $393,400 | $143,000 | $250,400 |
| 2017 | $7,963 | $377,000 | $143,000 | $234,000 |
| 2016 | $7,963 | $374,600 | $143,000 | $231,600 |
| 2015 | $7,778 | $380,705 | $142,975 | $237,730 |
| 2014 | $7,916 | $390,821 | $142,975 | $247,846 |
| 2013 | $7,952 | $390,821 | $142,975 | $247,846 |
Source: Public Records
Agents Affiliated with this Home
-
Katie Reck
Seller's Agent in 2023
Katie Reck
Ruhl & Ruhl
(319) 327-7992
1 in this area
93 Total Sales
-
Ollie Dent
Seller Co-Listing Agent in 2023
Ollie Dent
Ruhl & Ruhl
(319) 329-4050
3 in this area
77 Total Sales
-
Julie Gassmann
Buyer's Agent in 2023
Julie Gassmann
Pinnacle Realty LLC
(319) 651-6801
2 in this area
190 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2209870
APN: 14224-08001-00000
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Information is deemed reliable but not guaranteed.
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