NOT LISTED FOR SALE

518 17th St SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $101,000 - $120,163

2 Beds
1 Bath
1,159 Sq Ft
$96/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $47,500 $41 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $721/month

2 Days on Market

About This Home

As of March 2021

The home is livable in its current condition but is in need of updating. All mechanicals are currently operational. It is an estate and is being sold as is.

Last Agent to Sell the Property

Brian Hanna

SKOGMAN REALTY Listed on: 01/19/2021

SKOGMAN REALTY

Last Buyer's Agent

Randon Hill

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,182

Year Built

  • 1910

Lot Details

  • 2,439 Sq Ft Lot
  • Lot Dimensions are 35 x 70

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,159 Sq Ft Home
  • 1.5-Story Property
  • L-Shaped Dining Room
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,182

Year Built

1910

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.0560
  • Above Grade Finished Sq Ft: 1159
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Dining 'L'
  • Gross Tax: 1182
  • List User Cell Phone: 319-777-1854
  • Net Tax: 1002
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.95000
  • Ratio Close Price By Original Li: 0.95000
  • Ratio Current Price By Sq Ft: 40.98
  • Total Sq Ft: 1159
  • Taxable Value Tv: 58800.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1910

Interior Features

  • 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: Vinyl

Utilities

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

Lot Info

  • Lot Size: 35 X 70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
Feb 26, 2021
Sold by
Estate Of Martin E H0lten
Bought by
Erected Developmzent Llc
Seller's Agent
Brian Hanna
SKOGMAN REALTY
Buyer's Agent
Randon Hill
Epique Realty
List Price
$50,000
Sold Price
$47,500
Premium/Discount to List
-$2,500
-5%
Current Estimated Value
$111,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,791
Avg. Annual Appreciation
19.77%
Original Mortgage
$95,000
Outstanding Balance
$85,161
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$26,130
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Erected Developmzent Llc $47,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erected Developmzent Llc $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2021 03/02/21 Sold $47,500 -5.0% $41 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $50,000 -- $43 / 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
2025 $1,610 $102,500 $15,900 $86,600
2024 $1,614 $95,000 $14,100 $80,900
2023 $1,614 $91,000 $14,100 $76,900
2022 $1,426 $76,500 $12,900 $63,600
2021 $1,062 $68,800 $11,000 $57,800
2020 $1,062 $60,000 $9,800 $50,200
2019 $974 $57,000 $8,600 $48,400
2018 $942 $57,000 $8,600 $48,400
2017 $1,137 $58,200 $8,600 $49,600
2016 $1,137 $56,800 $8,600 $48,200
2015 $1,197 $59,602 $8,575 $51,027
2014 $1,012 $59,602 $8,575 $51,027
2013 $984 $59,602 $8,575 $51,027
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Brian Hanna

    SKOGMAN REALTY

    (319) 777-1854

    6 in this area

    35 Total Sales

    Brian Hanna
    Section Image

  • R

    Buyer's Agent in 2021

    Randon Hill

    Epique Realty

    (319) 777-2127

    6 in this area

    93 Total Sales

    Randon Hill
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2100367

Cedar Rapids Area Association of REALTORS®

APN: 14224-33013-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

518 17th St SE, Cedar Rapids, IA

Not Listed for Sale

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