$29,000
SOLD JUL 31, 2020

509 14th St SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood
3 Beds
1 Bath
1,540 Sq Ft
1916 Built

Recently Sold

$19 Per Sq Ft

36% Below List Price

30 Days on Market

Highlights

  • Formal Dining Room
  • Family Room
  • 3-minute walk to Wellington Park
  • Forced Air Cooling System
  • Wood Burning Fireplace

About This Home

As of May 2025

Spacious 3 bedroom has been a rental at $850 a month so offers incredible cash flow for the investor or would be a great home for a first time buyer to come in and make a few updates and make this house your home! Qualifies for NFC (Neighborhood Finance Corporation) financing that allows a purchaser to obtain a forgivable 2nd mortgage to make desired or required updates! Vacant and ready for immediate possession!

Last Agent to Sell the Property

Curtis Cleveland

COLDWELL BANKER HEDGES Listed on: 06/12/2020

COLDWELL BANKER HEDGES

Last Buyer's Agent

Aaron Webber

Keller Williams Legacy Group

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Year Built

  • 1916

Lot Details

  • Lot Dimensions are 34 x 44

Home Design

  • Frame Construction

Interior Spaces

  • 1,540 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Formal Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Year Built

1916

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1540
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 1251
  • List User Cell Phone: 319-360-0708
  • Net Tax: 1251
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.72682
  • Ratio Close Price By Original Li: 0.64444
  • Ratio Current Price By Sq Ft: 18.83
  • Total Sq Ft: 1540
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1916

Interior Features

  • Appliances Included: Water Heater – Gas
  • Additional Room: 1st Floor Family
  • Basement: Block, Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 2: 3
  • Fireplace Features: Wood Burning
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 6

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Schools

  • Elementary School: Johnson
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 34 X 44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jul 30, 2020
Sold by
Savannah Management Llc
Bought by
Freund Rental Properties Llc
Seller's Agent
Curtis Cleveland
COLDWELL BANKER HEDGES
Buyer's Agent
Aaron Webber
Keller Williams Legacy Group
List Price
$45,000
Sold Price
$29,000
Premium/Discount to List
-$16,000
-35.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.41%

Purchase Details

Closed on
Aug 21, 2009
Sold by
Leary Mary Jane
Bought by
Savannah Property Management Llc

Purchase Details

Closed on
Aug 15, 2008
Sold by
Wibholm Robert A
Bought by
Savannah Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,542
Interest Rate
6.42%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $29,000 None Available
Quit Claim Deed -- None Available
Warranty Deed $24,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $115,000 New Conventional
Closed $82,410 New Conventional
Previous Owner $25,542 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Sold $71,500 -4.5% $46 / Sq Ft
04/17/2025 04/17/25 Pending -- -- --
04/10/2025 04/10/25 Price Changed $74,900 -6.3% $49 / Sq Ft
03/16/2025 03/16/25 Price Changed $79,900 -11.1% $52 / Sq Ft
03/01/2025 03/01/25 For Sale $89,900 +210.0% $58 / Sq Ft
07/31/2020 07/31/20 Sold $29,000 -27.3% $19 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
07/09/2020 07/09/20 Price Changed $39,900 -11.3% $26 / Sq Ft
06/12/2020 06/12/20 For Sale $45,000 -- $29 / 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 $166 $58,400 $8,400 $50,000
2022 $746 $55,600 $6,700 $48,900
2021 $1,324 $36,000 $6,700 $29,300
2020 $1,324 $60,000 $6,700 $53,300
2019 $1,140 $52,900 $4,200 $48,700
2018 $1,108 $52,900 $4,200 $48,700
2017 $1,050 $49,400 $4,200 $45,200
2016 $1,050 $49,400 $4,200 $45,200
2015 $1,086 $51,014 $4,200 $46,814
2014 $1,086 $51,014 $4,200 $46,814
2013 $1,062 $51,014 $4,200 $46,814
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Aaron Webber

    Keller Williams Legacy Group

    (319) 560-0169

    5 in this area

    78 Total Sales

    Aaron Webber
    Section Image
  • Travis Gaule

    Buyer's Agent in 2025

    Travis Gaule

    SKOGMAN REALTY

    (319) 621-5324

    8 in this area

    48 Total Sales

    Travis Gaule
    Section Image
  • Curtis Cleveland

    Seller's Agent in 2020

    Curtis Cleveland

    COLDWELL BANKER HEDGES

    (319) 360-0708

    24 in this area

    155 Total Sales

    Curtis Cleveland
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2004356

Cedar Rapids Area Association of REALTORS®

APN: 14223-07006-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

509 14th St SE, Cedar Rapids, IA

This home is located at 509 14th St SE, Cedar Rapids, IA 52403 and is currently priced at $29,000, approximately $18 per square foot. This property was built in 1916. 509 14th St SE is a home located in Linn County with nearby schools including Johnson Elementary School, McKinley STEAM Academy, and George Washington High 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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