$13,500
SOLD APR 8, 2016

517 17th St SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood
2 Beds
1 Bath
972 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$14 Per Sq Ft

32% Below List Price

46 Days on Market

About This Home

As of October 2016

Investor alert. Lots of potential. Property sold in "as is" condition.

Last Agent to Sell the Property

Judi Mccoy

IOWA REALTY CORRIDOR Listed on: 01/14/2016

IOWA REALTY CORRIDOR

Last Buyer's Agent

Rossilyn Babington

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,458

Year Built

1910

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.0600
  • Above Grade Finished Sq Ft: 972
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 1001
  • List User Cell Phone: 319-431-1020
  • Net Tax: 816
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.67669
  • Ratio Close Price By Original Li: 0.67669
  • Ratio Current Price By Sq Ft: 13.89
  • Total Sq Ft: 972
  • Taxable Value Tv: 39700.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1910

Interior Features

  • Appliances Included: Range, Refrigerator
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Utilities

  • Heating Cooling: Gravity

Schools

  • Elementary School: Johnson
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 35 X 80

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2016
Closed on
Oct 19, 2016
Sold by
Patrick Brennan Investments
Bought by
Dorwart Connie and Marie Brittany
Seller's Agent
Rossilyn Babington
Pinnacle Realty LLC
Buyer's Agent
Joni Long
Realty87
List Price
$69,500
Sold Price
$55,000
Premium/Discount to List
-$14,500
-20.86%
Current Estimated Value
$94,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,525
Avg. Annual Appreciation
6.26%
Original Mortgage
$49,500
Outstanding Balance
$40,330
Interest Rate
3.47%
Estimated Equity
$53,699

Purchase Details

Listed on
Jan 14, 2016
Closed on
Apr 7, 2016
Sold by
Hoth Properties Llc
Bought by
Patrick Brennan Investments Inc
Seller's Agent
Judi Mccoy
IOWA REALTY CORRIDOR
Buyer's Agent
Rossilyn Babington
Pinnacle Realty LLC
List Price
$19,950
Sold Price
$13,500
Premium/Discount to List
-$6,450
-32.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1559.81%

Purchase Details

Closed on
Mar 18, 2015
Sold by
Us Bank Na
Bought by
Hoth Jamie Ryan

Purchase Details

Closed on
Aug 19, 2014
Sold by
Burrows Paul D and Burrows Paul Douglas
Bought by
Us Bank Na

Purchase Details

Closed on
Apr 30, 2003
Sold by
Gusta Frank E
Bought by
Burrows Paul and Burrows Patricia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,800
Interest Rate
5.86%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed -- --
Warranty Deed -- None Available
Special Warranty Deed $2,500 None Available
Sheriffs Deed $22,217 None Available
Warranty Deed $51,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $49,500 No Value Available
Closed -- No Value Available
Closed $49,500 Adjustable Rate Mortgage/ARM
Closed $48,500 Adjustable Rate Mortgage/ARM
Previous Owner $51,800 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2016 10/07/16 Sold $55,000 -20.9% $57 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $69,500 +414.8% $72 / Sq Ft
04/08/2016 04/08/16 Sold $13,500 -32.3% $14 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
01/14/2016 01/14/16 For Sale $19,950 -- $21 / 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 $1,458 $82,100 $15,300 $66,800
2022 $1,286 $69,100 $14,000 $55,100
2021 $1,194 $62,100 $12,000 $50,100
2020 $1,134 $54,100 $10,600 $43,500
2019 $1,106 $51,300 $9,300 $42,000
2018 $1,076 $51,300 $9,300 $42,000
2017 $844 $40,600 $9,300 $31,300
2016 $844 $39,700 $9,300 $30,400
2015 $844 $46,744 $9,310 $37,434
2014 $810 $46,744 $9,310 $37,434
2013 $394 $46,744 $9,310 $37,434
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Judi Mccoy

    IOWA REALTY CORRIDOR

    Section Image
  • Rossilyn Babington

    Seller's Agent in 2016

    Rossilyn Babington

    Pinnacle Realty LLC

    (319) 804-5621

    3 in this area

    170 Total Sales

    Section Image

  • J

    Buyer's Agent in 2016

    Joni Long

    Realty87

    (319) 350-0506

    127 Total Sales

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1600324

Cedar Rapids Area Association of REALTORS®

APN: 14224-34018-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

517 17th St SE, Cedar Rapids, IA

This home is located at 517 17th St SE, Cedar Rapids, IA 52403 and is currently priced at $13,500, approximately $13 per square foot. This property was built in 1910. 517 17th St SE is a home located in Linn County with nearby schools including Johnson Elementary School, McKinley STEAM Academy, and George Washington High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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