516 8th St SW Cedar Rapids, IA 52404
Taylor Neighborhood
5
Beds
1
Bath
1,514
Sq Ft
8,276
Sq Ft Lot
Highlights
- Main Floor Primary Bedroom
- 2 Car Detached Garage
- Forced Air Cooling System
- Den
- Eat-In Kitchen
- Living Room
About This Home
As of May 2024Hard to find affordable 5 bedroom located in quiet, yet convenient SW location near school, shopping, restaurants and more that has been virtually completely updated including brand new roof and siding on house and garage, newer replacement windows, all fresh paint and floor coverings, recently updated kitchen with new appliances, main floor laundry plus too much more to list! Priced under $120k with immediate possession and zero down payments options available! Just move in and enjoy! Seller is offering a one year home warranty for buyer's peace of mind.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,670
Year Built
- 1902
Lot Details
- Lot Dimensions are 60 x 140
Home Design
- Frame Construction
- Vinyl Construction Material
Interior Spaces
- 1,514 Sq Ft Home
- 2-Story Property
- Living Room
- Combination Kitchen and Dining Room
- Den
- Basement Fills Entire Space Under The House
- Laundry on main level
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Parking
- 2 Car Detached Garage
- Garage Door Opener
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
- Gas Water Heater
- 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
Realty87
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%
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
-$3,224
Avg. Annual Appreciation
-1.12%
Original Mortgage
$5,642
Outstanding Balance
$5,597
Interest Rate
7.22%
Mortgage Type
Balloon
Estimated Equity
$153,472
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
Realty87
Buyer's Agent
Patrick Donohoe
Realty87
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
Realty87
Buyer's Agent
Jeremy Emmert
Realty87
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
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-
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- 1,240 Sq Ft
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Move-in ready 4 bed, 2 bath home with recent renovations throughout. Features include newer roof, updated mechanicals, primary bedroom on the main floor and a 1-car detached garage. Enjoy a fenced-in yard, ideal for outdoor living. Functional layout with refreshed finishes, spacious living area, and updated kitchen. Conveniently located near schools, shopping, parks, and minutes from downtown
Courtney Blair Skogman Realty Co.
Create a Home Valuation Report for This Property
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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 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 | $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
Agents Affiliated with this Home
-
Seller's Agent in 2024
Patrick Donohoe
Realty87
(319) 560-7898
5 in this area
86 Total Sales
-
D
Buyer's Agent in 2024
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
(239) 774-6598
17 in this area
4,915 Total Sales
-
J
Seller's Agent in 2022
Jeremy Emmert
Realty87
(319) 210-0630
6 in this area
106 Total Sales
-
Seller's Agent in 2019
Curtis Cleveland
Realty87
(319) 360-0708
2 in this area
150 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1808250
APN: 14294-02019-00000
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