516 8th St SW Cedar Rapids, IA 52404
Taylor Neighborhood
6
Beds
1
Bath
1,514
Sq Ft
8,407
Sq Ft Lot
Highlights
- Main Floor Primary Bedroom
- Eat-In Kitchen
- Combination Kitchen and Dining Room
- 2 Car Detached Garage
- Forced Air Cooling System
About This Home
As of May 2024Welcome home! This house has so much to offer at such a great value. Located near Taylor elementary school, it is easy access to parks, shopping, grocery, and downtown Cedar Rapids. With plenty of bedrooms, this is perfect for a growing family or first time home buyer. Don't miss out on this one, schedule your showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,568
Year Built
- 1902
Lot Details
- 8,407 Sq Ft Lot
Home Design
- Poured Concrete
- Frame Construction
- Vinyl Construction Material
Interior Spaces
- 1,514 Sq Ft Home
- 1.5-Story Property
- 1.75 Story Property
- Combination Kitchen and Dining Room
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Parking
- 2 Car Detached Garage
- Garage Door Opener
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2024
Closed on
May 27, 2024
Sold by
Budak Lily and Wagner Adam
Bought by
Oneal John
Seller's Agent
Patrick Donohoe
COLDWELL BANKER HEDGES
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$155,000
Sold Price
$161,200
Premium/Discount to List
$6,200
4%
Total Days on Market
5
Views
42
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
$522
Avg. Annual Appreciation
0.00%
Original Mortgage
$5,642
Outstanding Balance
$5,597
Interest Rate
7.22%
Mortgage Type
Balloon
Estimated Equity
$155,603
Purchase Details
Listed on
Aug 29, 2022
Closed on
Oct 14, 2022
Sold by
Grissel Joseph
Bought by
Budak Lily and Budak Chloe
Seller's Agent
Jeremy Emmert
COLDWELL BANKER HEDGES
Buyer's Agent
Patrick Donohoe
COLDWELL BANKER HEDGES
List Price
$139,900
Sold Price
$141,000
Premium/Discount to List
$1,100
0.79%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$126,900
Interest Rate
5.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 5, 2018
Closed on
Jan 16, 2019
Sold by
Reutzel Michael R and Reutzel Diane M
Bought by
Grissell Joseph
Seller's Agent
Curtis Cleveland
COLDWELL BANKER HEDGES
Buyer's Agent
Jeremy Emmert
COLDWELL BANKER HEDGES
List Price
$119,500
Sold Price
$117,000
Premium/Discount to List
-$2,500
-2.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%
Original Mortgage
$114,875
Interest Rate
4.7%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 2, 2009
Sold by
Whitters Anita and Whitters Todd
Bought by
Reutzel Michael R and Ruetzel Diane M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,162
Interest Rate
5.11%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Nov 19, 2008
Sold by
Willmsen Properties Lc Series 9
Bought by
Whitters Anita and Whitters Todd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.06%
Mortgage Type
Construction
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $161,500 | None Listed On Document | |
| Warranty Deed | $141,000 | -- | |
| Warranty Deed | $117,000 | Security First Title Co | |
| Warranty Deed | $91,500 | None Available | |
| Warranty Deed | $21,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $5,642 | Balloon | |
| Open | $158,280 | Balloon | |
| Previous Owner | $126,900 | New Conventional | |
| Previous Owner | $14,100 | New Conventional | |
| Previous Owner | $114,875 | FHA | |
| Previous Owner | $75,162 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $50,000 | Construction | |
| Previous Owner | $68,000 | Small Business Administration | |
| Previous Owner | $20,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2024 05/28/24 | Sold | $161,200 | +4.0% | $106 / Sq Ft |
| 04/16/2024 04/16/24 | Pending | -- | -- | -- |
| 04/11/2024 04/11/24 | For Sale | $155,000 | +9.9% | $102 / Sq Ft |
| 10/14/2022 10/14/22 | Sold | $141,000 | +0.8% | $93 / Sq Ft |
| 09/05/2022 09/05/22 | Pending | -- | -- | -- |
| 08/29/2022 08/29/22 | For Sale | $139,900 | +19.6% | $92 / Sq Ft |
| 01/18/2019 01/18/19 | Sold | $117,000 | -2.1% | $77 / Sq Ft |
| 12/14/2018 12/14/18 | Pending | -- | -- | -- |
| 12/05/2018 12/05/18 | For Sale | $119,500 | -- | $79 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
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 | $2,864 | $143,600 | $27,700 | $115,900 |
| 2022 | $2,650 | $135,800 | $23,900 | $111,900 |
| 2021 | $2,364 | $127,900 | $23,900 | $104,000 |
| 2020 | $2,300 | $107,100 | $18,900 | $88,200 |
| 2019 | $1,718 | $79,700 | $18,900 | $60,800 |
| 2018 | $1,670 | $79,700 | $18,900 | $60,800 |
| 2017 | $1,774 | $73,400 | $18,900 | $54,500 |
| 2016 | $1,774 | $83,500 | $18,900 | $64,600 |
| 2015 | $1,872 | $88,019 | $18,900 | $69,119 |
| 2014 | $1,872 | $92,142 | $18,000 | $74,142 |
| 2013 | $1,918 | $92,142 | $18,000 | $74,142 |
Source: Public Records
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2402453
APN: 14294-02019-00000
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