NOT LISTED FOR SALE

5221 Old Ely Rd SW Cedar Rapids, IA 52404

Southwest Area Neighborhood

Estimated Value: $166,000 - $232,357

3 Beds
2 Baths
1,388 Sq Ft
$147/Sq Ft Est. Value

Last Sold January 09, 2015

Last sale price $138,001 $99 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,350/month

5 Days on Market

Highlights

  • Deck
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Prairie Ridge Elementary School Rated A-
  • Ranch Style House
  • 3 Car Detached Garage

About This Home

As of January 2015

This home is located at 5221 Old Ely Rd SW, Cedar Rapids, IA 52404 since 03 December 2014 and is currently estimated at $204,339, approximately $147 per square foot. This property was built in 1934. 5221 Old Ely Rd SW is a home located in Linn County with nearby schools including Prairie Heights Elementary School, Prairie Crest Elementary School, and Prairie View Elementary School.

Last Agent to Sell the Property

Brenda Hart

IOWA REALTY Listed on: 12/03/2014

IOWA REALTY

Last Buyer's Agent

Julie Flitsch

IOWA REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,357

Year Built

  • 1934

Lot Details

  • 0.39 Acre Lot
  • Cul-De-Sac

Parking

  • 3 Car Detached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Gas Fireplace
  • Living Room with Fireplace
  • L-Shaped Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bedroom located in the basement

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,357

Year Built

1934

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.3900
  • Above Grade Finished Sq Ft: 1088
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Dining 'L'
  • Gross Tax: 2357
  • List User Cell Phone: 319-310-7302
  • Low Lvl Fin Sq Ft: 300
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 2176
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.02223
  • Ratio Close Price By Original Li: 1.02223
  • Ratio Current Price By Sq Ft: 126.84
  • Total Sq Ft: 1388
  • Tax Roll Number: 191127900500000
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1934

Interior Features

  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Heater – Electric
  • Basement: Crawl, Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Fireplace Features: Gas, Living Room
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Lower Level
  • Site Description: Cul-De-Sac, In-Town Acrg

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, Detached
  • Garage Size: 3 CAR

Utilities

  • Heating Cooling: Central Air, Gas Heat

Lot Info

  • Lot Size: IRREGULAR

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2014
Closed on
Jan 8, 2015
Sold by
Geinzer Guy Edward and Geinzer Barbara Jean
Bought by
Scherrman Jacob M and Scherrman Ashley S
Seller's Agent
Brenda Hart
IOWA REALTY
Buyer's Agent
Julie Flitsch
IOWA REALTY
List Price
$135,000
Sold Price
$138,001
Premium/Discount to List
$3,001
2.22%
Current Estimated Value
$204,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,338
Avg. Annual Appreciation
3.66%
Original Mortgage
$131,100
Outstanding Balance
$100,823
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$103,516

Purchase Details

Listed on
Aug 1, 2012
Closed on
Oct 12, 2012
Sold by
The Secretary Of Hud Of Washington Dc
Bought by
Geinzer Guy Edward and Geinzer Barbara Jean
Seller's Agent
Penny Novak
SKOGMAN REALTY
Buyer's Agent
Penny Novak
SKOGMAN REALTY
List Price
$80,000
Sold Price
$74,040
Premium/Discount to List
-$5,960
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.04%

Purchase Details

Closed on
Apr 12, 2012
Sold by
Wells Fargo Bank Na
Bought by
The Department Of Hud

Purchase Details

Closed on
Mar 27, 2012
Sold by
Slaton Pamela L
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 2, 2007
Sold by
Jarvis Judy K
Bought by
Slaton Donnie P and Slaton Pamela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.71%
Mortgage Type
VA

Purchase Details

Closed on
Sep 20, 2006
Sold by
Smith Tracie L
Bought by
Jarvis Judy K
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
Scherrman Jacob M $138,500 None Available
Geinzer Guy Edward -- None Available
The Department Of Hud -- None Available
Wells Fargo Bank Na $130,121 None Available
Slaton Donnie P $85,500 None Available
Jarvis Judy K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherrman Jacob M $131,100
Previous Owner Slaton Donnie P $86,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/09/2015 01/09/15 Sold $138,001 +2.2% $99 / Sq Ft
12/08/2014 12/08/14 Pending -- -- --
12/03/2014 12/03/14 For Sale $135,000 +82.3% $97 / Sq Ft
10/12/2012 10/12/12 Sold $74,040 -7.5% $68 / Sq Ft View Prior Sale
09/10/2012 09/10/12 Pending -- -- --
08/01/2012 08/01/12 For Sale $80,000 -- $74 / 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 $3,304 $180,100 $31,500 $148,600
2024 $3,390 $180,500 $31,500 $149,000
2023 $3,390 $174,400 $31,500 $142,900
2022 $2,624 $153,000 $31,500 $121,500
2021 $2,784 $120,700 $31,500 $89,200
2020 $2,784 $122,300 $31,500 $90,800
2019 $2,694 $120,100 $31,500 $88,600
2018 $2,620 $120,100 $31,500 $88,600
2017 $2,554 $118,000 $31,500 $86,500
2016 $2,554 $118,000 $31,500 $86,500
2015 $2,481 $115,265 $31,473 $83,792
2014 $2,294 $115,265 $31,473 $83,792
2013 $2,176 $115,265 $31,473 $83,792
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Brenda Hart

    IOWA REALTY

    (319) 310-7302

    2 in this area

    36 Total Sales

    Brenda Hart
    Section Image

  • J

    Buyer's Agent in 2015

    Julie Flitsch

    IOWA REALTY

  • P

    Seller's Agent in 2012

    Penny Novak

    SKOGMAN REALTY

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1407978

Cedar Rapids Area Association of REALTORS®

APN: 19112-79005-00000

Iowa Linn County Cedar Rapids 52404 Southwest Area

5221 Old Ely Rd SW, Cedar Rapids, IA

Not Listed for Sale

Detached

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