NOT LISTED FOR SALE

Estimated Value: $121,000 - $136,000

2 Beds
2 Baths
1,004 Sq Ft
$131/Sq Ft Est. Value

Last Sold August 03, 2021

Last sale price $100,000 $100 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $898/month

2 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Forced Air Cooling System
  • Screened Porch
  • 2 Car Detached Garage
  • Family Room

About This Home

As of August 2021

This home is located at 516 35th St NE, Cedar Rapids, IA 52402 since 06 July 2021 and is currently estimated at $131,689, approximately $131 per square foot. This property was built in 1900. 516 35th St NE is a home located in Linn County with nearby schools including Kenwood Leadership Academy, Franklin Middle School, and George Washington High School.

Last Listed By

Tim Nash

SKOGMAN REALTY Listed on: 07/06/2021

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,504

Year Built

  • 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 40x175
  • Fenced

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Formal Dining Room
  • Screened Porch
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,504

Year Built

1900

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.1600
  • Above Grade Finished Sq Ft: 812
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 1504
  • List User Cell Phone: 319-531-6324
  • Low Lvl Fin Sq Ft: 192
  • Miscellaneous: Deck, Fencing, Home Warranty, Satellite Dish, Storage Shed
  • Net Tax: 1504
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00503
  • Ratio Close Price By Original Li: 1.00503
  • Ratio Current Price By Sq Ft: 123.15
  • Total Sq Ft: 1004
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Appliances Included: Dishwasher, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, Screen Porch
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 1
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached
  • Garage Size: 2-Det

Utilities

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

Schools

  • Elementary School: Kenwood
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: 40x175

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2021
Sold by
Mihm Erica L
Bought by
First Federal Credit Union
Total Days on Market
2
Current Estimated Value
$131,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Outstanding Balance
$96,754
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$33,302

Purchase Details

Closed on
Dec 14, 2021
Sold by
Hb2 Investments Llc
Bought by
Mihm Erica L and Leary James K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Outstanding Balance
$96,754
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$33,302

Purchase Details

Listed on
Jul 6, 2021
Closed on
Aug 3, 2021
Sold by
Smith Wendall J and Miller Smith Jessie
Bought by
Hb2 Investments Llc
Seller's Agent
Tim Nash
SKOGMAN REALTY
Buyer's Agent
Randy Richter
RUHL & RUHL REALTORS®
List Price
$99,500
Sold Price
$100,000
Premium/Discount to List
$500
0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%

Purchase Details

Closed on
Mar 31, 2011
Sold by
Schmit Robert S and Schmit Lori L
Bought by
Smith Wendall J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2007
Sold by
Holt Mercedes D and Schmit Mercedes D
Bought by
Schmit Robert S

Purchase Details

Closed on
Apr 16, 2001
Sold by
Lantz Raymond J and Lantz Heather D
Bought by
Schmit Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,525
Interest Rate
7.05%

Range of Values:

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Average Value
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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
First Federal Credit Union -- None Listed On Document
Mihm Erica L $115,000 None Available
Hb2 Investments Llc $100,000 None Available
Smith Wendall J $78,500 None Available
Schmit Robert S -- None Available
Schmit Robert S $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mihm Erica L $103,500
Previous Owner Smith Wendall J $75,000
Previous Owner Schmit Robert S $22,000
Previous Owner Schmit Robert S $75,525
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2021 08/03/21 Sold $100,000 +0.5% $100 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $99,500 -- $99 / 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 $2,016 $109,800 $24,200 $85,600
2022 $1,586 $95,600 $22,100 $73,500
2021 $1,612 $76,600 $18,900 $57,700
2020 $1,612 $73,100 $18,900 $54,200
2019 $1,462 $67,800 $17,900 $49,900
2018 $1,422 $67,800 $17,900 $49,900
2017 $1,632 $74,900 $15,800 $59,100
2016 $1,526 $71,800 $15,800 $56,000
2015 $1,614 $75,817 $21,000 $54,817
2014 $1,614 $77,530 $21,000 $56,530
2013 $1,614 $77,530 $21,000 $56,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2104551

Cedar Rapids Area Association of REALTORS®

APN: 14101-80015-00000