516 18th St SE Cedar Rapids, IA 52403
Wellington Heights Neighborhood
2
Beds
1
Bath
1,047
Sq Ft
2,178
Sq Ft Lot
Highlights
- Deck
- 1 Car Detached Garage
- 3-minute walk to Fairview Park
- Formal Dining Room
- Forced Air Cooling System
About This Home
As of August 2023This home is located at 516 18th St SE, Cedar Rapids, IA 52403 and is currently priced at $70,000, approximately $66 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,012
Year Built
- 1913
Parking
- 1 Car Detached Garage
Home Design
- Frame Construction
Interior Spaces
- 1,047 Sq Ft Home
- 1.5-Story Property
- Formal Dining Room
Kitchen
- Range<<rangeHoodToken>>
- Dishwasher
Bedrooms and Bathrooms
- 2 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
Additional Features
- Deck
- Lot Dimensions are 32.5 x 68
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%
Views
551
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,880
Avg. Annual Appreciation
6.47%
Original Mortgage
$67,500
Outstanding Balance
$66,345
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$32,035
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
Realty87
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
Similar Homes in Cedar Rapids, IA
-
$75,000
- 3 Beds
- 1 Bath
- 802 Sq Ft
- 142 14th Ave SW
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Investor Alert! This 3-bedroom, 1-bath home is listed well below assessed value—an excellent opportunity for investors, flippers, or those looking to add to their rental portfolio. With plenty of upside, this property is being sold as-is and is ready for your updates and improvements.
Bonnie Tiernan Realty87
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $87,500 | None Listed On Document | |
| Warranty Deed | $70,000 | None Available | |
| Warranty Deed | $69,500 | None Available | |
| Warranty Deed | $71,000 | -- | |
| Contract Of Sale | $71,400 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $67,500 | New Conventional | |
| Previous Owner | $56,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $68,732 | FHA | |
| Previous Owner | $72,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $72,000 | Unknown | |
| Previous Owner | $69,900 | Seller Take Back |
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
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
-
Dunte Blair
D
Seller's Agent in 2023
Dunte Blair
Century 21 Signature Real Estate
(319) 573-0020
2 in this area
17 Total Sales
-
Jason Naakktgeboren
J
Buyer's Agent in 2023
Jason Naakktgeboren
Pinnacle Realty LLC
(319) 270-1084
3 in this area
105 Total Sales
-
Jeremy Johannes
Seller's Agent in 2015
Jeremy Johannes
Epique Realty
(319) 253-2555
4 in this area
186 Total Sales
-
Jeremy Trenkamp
Buyer's Agent in 2015
Jeremy Trenkamp
Realty87
(319) 270-1323
18 in this area
839 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1406087
APN: 14224-32012-00000
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