NOT LISTED FOR SALE

507 W Jefferson Ave Urbana, IA 52345

Estimated Value: $197,000 - $247,000

2 Beds
1 Bath
1,148 Sq Ft
$187/Sq Ft Est. Value

Last Sold February 07, 2020

Last sale price $130,000 $113 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,408/month

8 Days on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • Forced Air Cooling System
  • Center Point-Urbana Middle School Rated A-
  • 3 Car Detached Garage
  • Breakfast Bar

About This Home

As of February 2020

GREAT PROPERTY ON A DOUBLE LOT WITH AN 816 SQUARE FOOT 3 STALL GARAGE AND AN ABUNDANCE OF ELECTRICITY!! TURNKEY HOME, INCLUDES ALL APPLIANCES, OPEN FLOOR PLAN WITH A VAULTED CEILING AND LAUNDRY RIGHT OFF THE BATH. 2 VERY LARGE BEDROOMS AND A WORRY FREE HOME FOR THE MONEY. SELLERS ARE LICENSED REALTORS IN THE STATE OF IOWA.

Last Agent to Sell the Property

Mitch Weideman

SKOGMAN REALTY Listed on: 12/04/2019

SKOGMAN REALTY

Co-Listed By

Anne Weideman

IOWA REALTY

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,478

Year Built

  • 1998

Lot Details

  • 0.41 Acre Lot
  • Fenced
  • Level Lot

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,148 Sq Ft Home
  • Vaulted Ceiling
  • Combination Kitchen and Dining Room
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,478

Year Built

1998

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.4100
  • Above Grade Finished Sq Ft: 1148
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Urbana
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 2478
  • List User Cell Phone: 319-929-1483
  • Miscellaneous: Cable Ready, Fencing, Patio, Vaulted Ceiling
  • Net Tax: 2478
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98485
  • Ratio Close Price By Original Li: 0.98485
  • Ratio Current Price By Sq Ft: 113.24
  • Total Sq Ft: 1148
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Basement: Crawl
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Level

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, Detached
  • Garage Size: 816 SQ

Utilities

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

Schools

  • Elementary School: CenterPt/Urbana
  • Middle School: CenterPt/Urbana
  • High School: CenterPt/Urbana

Lot Info

  • Lot Size: IRREGULAR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2023
Sold by
Ferres Jeffery D
Bought by
Granger Luke
Current Estimated Value
$214,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,635
Outstanding Balance
$186,047
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$28,974

Purchase Details

Closed on
Dec 18, 2020
Sold by
Ferres Kirby J
Bought by
Ferres Jeffrey D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 4, 2019
Closed on
Feb 3, 2020
Sold by
Weideman Investments Llc
Bought by
Ferres Jeffery D and Ferres Kirby J
Seller's Agent
Mitch Weideman
SKOGMAN REALTY
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$132,000
Sold Price
$130,000
Premium/Discount to List
-$2,000
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.54%
Original Mortgage
$123,500
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 14, 2010
Sold by
Hite Douglas L and Hite Linnea C
Bought by
Sperfslage Mark A and Sperfslage Marjorie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,764
Interest Rate
4.45%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Granger Luke $195,500 None Listed On Document
Ferres Jeffrey D -- None Available
Ferres Jeffery D $130,000 None Available
Sperfslage Mark A $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Granger Luke $189,635
Previous Owner Ferres Jeffrey D $120,000
Previous Owner Ferres Jeffrey D $28,000
Previous Owner Ferres Jeffrey D $123,500
Previous Owner Ferres Jeffery D $123,500
Previous Owner Sperfslage Mark $33,500
Previous Owner Sperfslage Mark A $25,000
Previous Owner Sperfslage Mark A $91,764
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2020 02/07/20 Sold $130,000 -1.5% $113 / Sq Ft
12/12/2019 12/12/19 Pending -- -- --
12/04/2019 12/04/19 For Sale $132,000 -- $115 / 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
2024 $2,832 $149,400 $36,300 $113,100
2023 $2,726 $149,400 $36,300 $113,100
2022 $2,690 $123,400 $29,000 $94,400
2021 $2,690 $123,400 $29,000 $94,400
2020 $2,308 $114,700 $20,500 $94,200
2019 $2,286 $114,700 $20,500 $94,200
2018 $2,212 $110,700 $18,000 $92,700
2017 $2,180 $110,100 $18,000 $92,100
2016 $2,102 $105,900 $17,300 $88,600
2015 $2,102 $105,900 $17,300 $88,600
2014 $2,036 $103,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1908609

Cedar Rapids Area Association of REALTORS®

APN: 20000140