$156,000
SOLD NOV 15, 2018

5125 Ely Rd SW Cedar Rapids, IA 52404

2 Beds
2 Baths
1,592 Sq Ft
0.73 Acres

Recently Sold

$98 Per Sq Ft

3% Below List Price

146 Days on Market

Highlights

  • Living Room with Fireplace
  • Ranch Style House
  • Formal Dining Room
  • Prairie Ridge Elementary School Rated A-
  • Den
  • 3 Car Detached Garage

About This Home

As of November 2018

Yes -- available now! This gem offers one-floor convenience, no basement moisture worries, first floor laundry, large living areas, open kitchen and dining room that will fit any size dining set or extension table, and spacious master suite with full size master bath. This nice master features 3 full closets! What a super College Community property with a nearly 3/4 acre lot! Garage and storage space galore -- 3 car detached garage (640 sq. ft.) and a 2- story shed (shed needs a little work, as-is).Outside you will enjoy entertaining on the large patio overlooking the big backyard. Some bonuses: gas fireplace with remote – great source of heat if a storm takes out the electricity; newer lighting; ceiling fans; vinyl siding; pull-down attic stairs to attic; driveway is a thick 4-5” concrete; additional parking pad on the right side of the house plus additional space beside the shed; roof 7 years; furnace and CA 6 years.

Last Agent to Sell the Property

Josie Ashmore

Fathom Realty Listed on: 05/01/2018

Fathom Realty

Last Buyer's Agent

Deanna Howard

IOWA REALTY

IOWA REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,165

Year Built

  • 1947

Lot Details

  • 0.73 Acre Lot

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,592 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Crawl Space
  • Laundry on main level

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Storage Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,165

Year Built

1947

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.7300
  • Above Grade Finished Sq Ft: 1592
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 3165
  • List User Cell Phone: 319-241-5175
  • Miscellaneous: Patio, Storage Shed
  • Net Tax: 2972
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96894
  • Ratio Close Price By Original Li: 0.94603
  • Ratio Current Price By Sq Ft: 97.99
  • Total Sq Ft: 1592
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1947

Interior Features

  • Appliances Included: Dishwasher, Garage Door Opener, Microwave, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Den/Study, Living Room
  • Basement: Crawl
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Fireplace Features: Gas, Living Room
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Room Count: 7
  • Site Description: In-Town Acrg

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, Detached, Guest Parking, Off Street Parking
  • Garage Size: 640

Utilities

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

Schools

  • Elementary School: College Comm
  • Middle School: College Comm
  • High School: College Comm

Lot Info

  • Lot Size: .73 Acre

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
Nov 13, 2018
Sold by
Benesh Dale M
Bought by
Stephenson Erica and Kepler Travis
Seller's Agent
Josie Ashmore
Pinnacle Realty
Buyer's Agent
Josie Ashmore
Pinnacle Realty
List Price
$161,000
Sold Price
$156,000
Premium/Discount to List
-$5,000
-3.11%
Total Days on Market
146
Current Estimated Value
$240,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,123
Avg. Annual Appreciation
6.78%
Original Mortgage
$7,800
Interest Rate
4.8%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 31, 2017
Sold by
Benesh Dale M and Benesh Diane J
Bought by
Benesh Dale M

Purchase Details

Closed on
Apr 27, 2004
Sold by
Sparrgrove Lyle W and Sparrgrove Anne G
Bought by
Anderson Diane J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 26, 1997
Sold by
Nelson Carol E
Bought by
Sparrgrove Lyle W and Sparrgrove Anne G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.28%
Source: Public Records

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Range of Values:

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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 $156,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $134,500 --
Warranty Deed $84,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $20,000 New Conventional
Closed $7,800 Stand Alone Second
Open $132,600 Adjustable Rate Mortgage/ARM
Previous Owner $131,400 Stand Alone Refi Refinance Of Original Loan
Previous Owner $111,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $20,066 Credit Line Revolving
Previous Owner $120,000 New Conventional
Previous Owner $30,000 Credit Line Revolving
Previous Owner $10,000 Credit Line Revolving
Previous Owner $108,000 Unknown
Previous Owner $35,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2018 11/15/18 Sold $156,000 0.0% $98 / Sq Ft
11/15/2018 11/15/18 Sold $156,000 -3.1% $98 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
09/24/2018 09/24/18 Pending -- -- --
08/13/2018 08/13/18 For Sale $161,000 0.0% $101 / Sq Ft
08/10/2018 08/10/18 For Sale $161,000 +3.2% $101 / Sq Ft
08/01/2018 08/01/18 Off Market $156,000 -- --
07/03/2018 07/03/18 Price Changed $161,000 -0.6% $101 / Sq Ft
05/24/2018 05/24/18 Price Changed $162,000 -1.8% $102 / Sq Ft
05/01/2018 05/01/18 For Sale $164,900 -- $104 / 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 $3,842 $201,500 $37,600 $163,900
2022 $3,236 $173,400 $37,600 $135,800
2021 $3,302 $148,900 $37,600 $111,300
2020 $3,302 $145,000 $37,600 $107,400
2019 $2,938 $142,800 $37,600 $105,200
2018 $2,852 $142,800 $37,600 $105,200
2017 $2,972 $143,900 $37,600 $106,300
2016 $3,043 $143,900 $37,600 $106,300
2015 $3,030 $140,832 $37,584 $103,248
2014 $3,030 $140,832 $37,584 $103,248
2013 $2,810 $140,832 $37,584 $103,248
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1802966

Cedar Rapids Area Association of REALTORS®

APN: 19112-76014-00000