$87,500
SOLD AUG 25, 2023
2 Beds
1 Bath
1,047 Sq Ft
2,265 Sq Ft Lot

Recently Sold

$84 Per Sq Ft

19% Below List Price

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 and is currently priced at $87,500, approximately $83 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 Agent to Sell the Property

Dunte Blair

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

Century 21 Signature Real Estate

Last Buyer's Agent

Jason Naakktgeboren

Pinnacle Realty LLC

Pinnacle Realty LLC

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<<rangeHoodToken>>
  • 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%
Views
551
Current Estimated Value
$98,380

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
Source: Public Records

Similar Homes in Cedar Rapids, IA

  • 1206 9th St NW, Cedar Rapids, IA 52405

    $107,000

    • 3 Beds
    • 1.5 Baths
    • 892 Sq Ft
    • 1206 9th St NW
    • Cedar Rapids, IA

    Updated 3 bedroom 1 and 1/2 bath. The main floor features a large primary bedroom, living room, 1/2 bath which can easily be turned into a full bath, with a washer and dryer, an updated kitchen and new floors throughout. The upstairs offers a walk through bedroom and a third bedroom with a full bath and again newer floors. Walk out the back door onto your private porch and enjoy the large

    Steve Irwin Inspirational Realty and Renovation

    Section Image
  • 4121 Lexington Dr NE, Cedar Rapids, IA 52402

    $110,000

    • 2 Beds
    • 1 Bath
    • 1,022 Sq Ft
    • 4121 Lexington Dr NE
    • Cedar Rapids, IA

    Opportunity knocks with this first-floor condo, perfectly located near the golf course, shopping, and easy interstate access! This 2-bedroom, 1-bath unit includes a one-car garage and a private upstairs storage room. Built in 1978, the home is solid. Enjoy an extended covered patio—great for morning coffee or evening unwinding. Inside, it’s ready for your updates: bring your vision for fresh

    Chris Boddicker Urban Acres Real Estate Corridor

    Section Image
  • 3513 E Ave NW Unit F, Cedar Rapids, IA 52405

    $90,000

    • 2 Beds
    • 2 Baths
    • 975 Sq Ft
    • 3513 E Ave NW
    • Unit F
    • Cedar Rapids, IA

    Charming 2-bedroom, 2-bath condo in a great location just off Edgewood Rd—close to walking trails, restaurants, shopping, and more! This 3-floor unit offers a bright, open layout with vaulted ceilings and a walkout to a private deck, perfect for relaxing summer evenings. Enjoy low-maintenance living—lawn care, snow removal, and trash are all taken care of by the HOA. Pets are welcome, and the

    Diana Salazar Skogman Realty Co.

    Section Image
  • 618 18th St SE, Cedar Rapids, IA 52403

    $69,900

    • 2 Beds
    • 1 Bath
    • 972 Sq Ft
    • 618 18th St SE
    • Cedar Rapids, IA

    Attention investors and handy buyers! This 2-bedroom, 1-bath home on the SE side of Cedar Rapids is packed with potential. Quaint and centrally located, this property offers easy access to downtown, shopping, and entertainment. Whether you're looking to renovate for your own home or seeking your next investment project, this home is a great opportunity. Property is being sold as-is, giving you

    Jaime Burczek SKOGMAN REALTY

    Section Image
  • 414 18th St SE, Cedar Rapids, IA 52403

    $74,950

    • 1 Bed
    • 1 Bath
    • 660 Sq Ft
    • 414 18th St SE
    • Cedar Rapids, IA

    Perfect Starter Home at the Perfect Price! This charming 1-bedroom, 1-bath home is ideal for first-time buyers or anyone looking to downsize without sacrificing comfort. Enjoy the convenience of a 1-stall attached garage, a welcoming front porch, and a full basement that offers plenty of storage or potential for future finishing. Located just minutes from downtown and I-380, you’ll have quick

    Tim Nash SKOGMAN REALTY

    Section Image
  • 1735 4th Ave SE, Cedar Rapids, IA 52403

    $85,000

    • 4 Beds
    • 2.5 Baths
    • 1,613 Sq Ft
    • 1735 4th Ave SE
    • Cedar Rapids, IA

    Attention Investors and handy home buyers, this charming home is full of character and just waiting for your personal touch. You’ll love the original leaded windows and beautiful woodwork that highlight the unique vintage appeal throughout the living spaces. Offering endless possibilities for modern updates while preserving classic details. Enjoy a generous lot with plenty of outdoor space,

    Carla Stevens SKOGMAN REALTY

    Section Image
  • 1915 Higley Ave SE, Cedar Rapids, IA 52403

    $110,000

    • 2 Beds
    • 1 Bath
    • 748 Sq Ft
    • 1915 Higley Ave SE
    • Cedar Rapids, IA

    Super cute SE side bungalow! Much of the original trim and built-ins are still intact. Kitchen repainted at time of listing. Two bedrooms, full bathroom, beautiful dining room and living room with plenty of natural light all on main floor. Finished upper level could be used as additional living space. Enclosed front porch. 1-car garage plus concrete off-street parking pad. Easy access to Med

    Lena Gilbert SKOGMAN REALTY

    Section Image
  • 1711 Blake Blvd SE, Cedar Rapids, IA 52403

    $89,900

    • 3 Beds
    • 2 Baths
    • 1,592 Sq Ft
    • 1711 Blake Blvd SE
    • Cedar Rapids, IA

    Sweat equity can be your's, great opportunity for an income property or great place to raise your large family with plenty of room, nice fenced yard and 2 stall garage with alley access. The home is offered to an owner occupied, nonprofit buyers, and government institutions only for the first 30 days. Investor offers will be reviewed starting day 31. Sellers will review offers after the

    Teri Kelchen MAVERICK REALTY

    Section Image
  • 1041 19th St SE, Cedar Rapids, IA 52403

    $89,000

    • 2 Beds
    • 1 Bath
    • 912 Sq Ft
    • 1041 19th St SE
    • Cedar Rapids, IA

    Affordable Charm in SE Cedar Rapids! This 2-bedroom, 1-bath single-family home is the perfect opportunity for a first-time homebuyer or savvy investor. Priced at just $89,000, it offers peace of mind with major updates already taken care of — including a 5-year-old roof, furnace, A/C, and water heater. Enjoy a functional layout, low-maintenance exterior, and a location close to schools, parks,

    Jeremy Trenkamp Realty87

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2209894

Cedar Rapids Area Association of REALTORS®

APN: 14224-32012-00000