NOT LISTED FOR SALE

Estimated Value: $90,000 - $96,000

2 Beds
1 Bath
1,047 Sq Ft
$88/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $87,500 $84 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $640/month

241 Days on Market

Highlights

  • Formal Dining Room
  • Living Room
  • 3-minute walk to Fairview Park
  • 1 Car Detached Garage
  • Central Air

About This Home

As of August 2023

This home is located at 516 18th St SE, Cedar Rapids, IA 52403 since 18 November 2022 and is currently estimated at $92,476, approximately $88 per square foot. This property was built in 1913. 516 18th St SE is a home located in Linn County with nearby schools including Grant Wood Elementary School, McKinley STEAM Academy, and George Washington High School.

Last Listed By

Dunte Blair

Century 21 Signature Real Estate Listed on: 11/18/2022

Century 21 Signature Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,320

Year Built

  • 1913

Lot Details

  • 2,265 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 1,047 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Basement
  • Block Basement Construction

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,320

Year Built

1913

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.0520
  • Above Grade Finished Sq Ft: 1047
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 1320
  • List User Cell Phone: 319-573-0020
  • Miscellaneous: Cable Ready
  • Net Tax: 1320
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.92105
  • Ratio Close Price By Original Li: 0.70000
  • Ratio Current Price By Sq Ft: 83.57
  • Total Sq Ft: 1047
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1913

Interior Features

  • Appliances Included: Dishwasher, Dryer, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Living Room
  • Basement: Block
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 1 Car, Detached
  • Garage Size: 1 Car

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

  • Elementary School: Grant Wood
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 2,251

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Aug 22, 2023
Sold by
Kobusch Mason J
Bought by
Anderegg Heather K and Anderegg Daniel A
Seller's Agent
Dunte Blair
Century 21 Signature Real Estate
Buyer's Agent
Jason Naakktgeboren
Pinnacle Realty LLC
List Price
$107,500
Sold Price
$87,500
Premium/Discount to List
-$20,000
-18.6%
Total Days on Market
241
Views
551
Current Estimated Value
$92,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,976
Avg. Annual Appreciation
13.53%
Original Mortgage
$67,500
Outstanding Balance
$66,345
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$42,642

Purchase Details

Listed on
Aug 15, 2014
Closed on
Feb 6, 2015
Sold by
Papesh Anna J and Papesh Deborah J
Bought by
Kobusch Mason J
Seller's Agent
Jeremy Johannes
Epique Realty
Buyer's Agent
Jeremy Trenkamp
COLDWELL BANKER HEDGES CORRIDOR
List Price
$73,500
Sold Price
$70,000
Premium/Discount to List
-$3,500
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.64%
Original Mortgage
$56,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 16, 2009
Sold by
Whitham Donald R
Bought by
Papesh Anna J and Papesh Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,732
Interest Rate
5.32%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 3, 2005
Sold by
Ritscher Joyce
Bought by
Payette Mary Cay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.84%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 21, 2003
Sold by
Ritscher Joyce A
Bought by
Payette Mary Cay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,900
Interest Rate
9.5%
Mortgage Type
Seller Take Back

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
Anderegg Heather K $87,500 None Listed On Document
Kobusch Mason J $70,000 None Available
Papesh Anna J $69,500 None Available
Payette Mary Cay $71,000 --
Payette Mary Cay $71,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderegg Heather K $67,500
Previous Owner Kobusch Mason J $56,000
Previous Owner Papesh Anna J $68,732
Previous Owner Payette Mary Cay $72,000
Previous Owner Payette Mary Cay $72,000
Previous Owner Payette Mary Cay $69,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $87,500 -7.9% $84 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
05/15/2023 05/15/23 Price Changed $95,000 -7.3% $91 / Sq Ft
03/23/2023 03/23/23 Price Changed $102,500 -4.7% $98 / Sq Ft
01/27/2023 01/27/23 For Sale $107,500 0.0% $103 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
01/19/2023 01/19/23 Price Changed $107,500 -2.3% $103 / Sq Ft
01/04/2023 01/04/23 Price Changed $110,000 -10.2% $105 / Sq Ft
12/09/2022 12/09/22 Price Changed $122,500 -2.0% $117 / Sq Ft
11/18/2022 11/18/22 For Sale $125,000 +78.6% $119 / Sq Ft
02/06/2015 02/06/15 Sold $70,000 -4.8% $67 / Sq Ft
12/23/2014 12/23/14 Pending -- -- --
08/15/2014 08/15/14 For Sale $73,500 -- $70 / 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 $1,494 $85,900 $12,900 $73,000
2022 $318 $70,800 $11,800 $59,000
2021 $1,252 $63,700 $10,100 $53,600
2020 $1,252 $56,700 $9,000 $47,700
2019 $1,154 $53,500 $7,800 $45,700
2018 $1,122 $53,500 $7,800 $45,700
2017 $1,120 $54,000 $7,800 $46,200
2016 $1,120 $52,700 $7,800 $44,900
2015 $1,159 $54,465 $7,849 $46,616
2014 $974 $54,465 $7,849 $46,616
2013 $948 $54,465 $7,849 $46,616
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2209894

Cedar Rapids Area Association of REALTORS®

APN: 14224-32012-00000