$17,500
SOLD SEP 23, 2025

511 18th St SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood
2 Beds
1 Bath
1,119 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$16 Per Sq Ft

30% Below List Price

27 Days on Market

About This Home

As of September 2025

Investor special in the heart of the Wellington Heights neighborhood! This 2-bedroom, 1-bath home is priced well below assessed value and ready for your vision. In need of extensive repairs and updates, but full of potential for the right buyer. A great opportunity to add value and build equity. Whether you're looking for your next flip or a long-term rental, this distressed property could be a solid addition to your investment portfolio. Property is being sold *as is*. Bring your ideas and your toolbox! Hold Harmless must be signed before entering. Property has been exposed to weather elements.

Last Agent to Sell the Property

Jaime Burczek

SKOGMAN REALTY Listed on: 07/31/2025

Last Buyer's Agent

Doris Ackerman

KW Advantage

KW Advantage

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1913

Parking

  • On-Street Parking

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,119 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • 1 Full Bathroom

Schools

  • Johnson Elementary School
  • Mckinley Middle School
  • Washington High School

Additional Features

  • 1,742 Sq Ft Lot
  • Gravity Heating System

Listing and Financial Details

  • Assessor Parcel Number 14224-33029-00000

Home Details

Home Type

Single Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 0.04
  • Co List Office Phone: 319-366-6427
  • MLS Status: Closed
  • Directions: 5th Ave block on 18th St SE
  • Above Grade Finished Sq Ft: 1119.0
  • Architectural Style: One and One Half Story
  • Reso Interior Features: Upper Level Primary
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1913
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Construction Type: Frame, Vinyl Siding

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Heating: Gravity
  • HeatingYN: Yes
  • Water Source: Public

Schools

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

Lot Info

  • Lot Dimensions: 2070
  • ResoLotSizeUnits: Acres
  • Parcel Number: 14224-33029-00000

Tax Info

  • Tax Annual Amount: 1028.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2025
Closed on
Sep 19, 2025
Sold by
Iat 26 Llc
Bought by
Lawson Brian
Seller's Agent
Jaime Burczek
SKOGMAN REALTY
Buyer's Agent
Doris Ackerman
KW Advantage
List Price
$24,900
Sold Price
$17,500
Premium/Discount to List
-$7,400
-29.72%
Views
86
Current Estimated Value
$118,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,500
Avg. Annual Appreciation
19960.62%

Purchase Details

Closed on
Jan 1, 2025
Sold by
Grand River Capital Llc
Bought by
Iat 26 Llc

Purchase Details

Closed on
Dec 3, 2024
Sold by
Linn County
Bought by
Grand River Capital Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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 Type Sale Price Title Company
Warranty Deed $17,500 None Listed On Document
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $2,190 None Listed On Document
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $2,190 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2025 09/23/25 Sold $17,500 -29.7% $16 / Sq Ft
08/27/2025 08/27/25 Pending -- -- --
07/31/2025 07/31/25 For Sale $24,900 -- $22 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

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 $912 $56,800 $13,500 $43,300
2024 $926 $51,500 $11,900 $39,600
2023 $926 $51,500 $11,900 $39,600
2022 $318 $43,900 $10,900 $33,000
2021 $794 $39,300 $9,300 $30,000
2020 $750 $36,000 $8,300 $27,700
2019 $730 $33,900 $7,200 $26,700
2018 $710 $33,900 $7,200 $26,700
2017 $701 $33,700 $7,200 $26,500
2016 $701 $33,000 $7,200 $25,800
2015 $956 $44,376 $7,245 $37,131
2014 $760 $44,376 $7,245 $37,131
2013 $738 $44,376 $7,245 $37,131
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jaime Burczek

    SKOGMAN REALTY

    (319) 366-6427

    7 in this area

    63 Total Sales

    Jaime Burczek
    Section Image
  • Doris Ackerman

    Buyer's Agent in 2025

    Doris Ackerman

    KW Advantage

    (319) 361-2934

    11 in this area

    365 Total Sales

    Doris Ackerman
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2506631

Cedar Rapids Area Association of REALTORS®

APN: 14224-33029-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

511 18th St SE, Cedar Rapids, IA

Sold

Detached

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