This is a unique home with many current upgrades in the kitchen and living room and room to expand in the basement. The lot is very large and there is even a three car garage. This property won't last long. Please visit www.hudhomestore.com for more information and placing a bid.
Last Agent to Sell the Property
Penny Novak
SKOGMAN REALTYListed on: 08/01/2012
Last Buyer's Agent
Penny Novak
SKOGMAN REALTYListed on: 08/01/2012
Home Details
Home Type
Single Family
Year Built
1934
Parking
2 Car Detached Garage
Home Design
Ranch Style House
Poured Concrete
Frame Construction
Vinyl Construction Material
Interior Spaces
1,088 Sq Ft Home
Gas Fireplace
Living Room with Fireplace
Basement Fills Entire Space Under The House
Kitchen
Eat-In Kitchen
Range
Dishwasher
Disposal
Bedrooms and Bathrooms
1 Primary Bedroom on Main
1 Full Bathroom
Utilities
Forced Air Cooling System
Heating System Uses Gas
Gas Water Heater
Additional Features
Deck
0.3 Acre Lot
Home Details
Home Type
Single Family
Year Built
1934
Lot Details
0
Listing Details
Style: Ranch
Acres: 0.3000
Above Grade Finished Sq Ft: 1088
Total Bathrooms: 1.00
Total Bedrooms: 1
City Name: Cedar Rapids
Dining Features: Eat-In Kitchen
Gross Tax: 2202
List User Cell Phone: 319-981-3484
Miscellaneous: Deck
Net Tax: 2202
Other: Repo
Property Sub Types: Single Family
Property Type: Residential
Ratio Close Price By List Price: 0.92550
Ratio Close Price By Original Li: 0.92550
Ratio Current Price By Sq Ft: 68.05
Total Sq Ft: 1088
Taxable Value Tv: 115265.00
Tax Roll Number: 191127900500000
Water Sewer Roads: City Sewer, City Water
Special Features: None
Property Sub Type: Detached
Year Built: 1934
Interior Features
Appliances Included: Dishwasher, Disposal, Range, Water Heater – Gas
Basement: Full, Pour
Basement: Yes
Full Bathrooms: 1
Bedrooms Level 1: 1
Fireplace Features: Built In, Gas, Living Room
Level 1 Full Bathrooms: 1
Master Bedroom Level: Level 1
Room Count: 4
Exterior Features
Construction Methods: Frame
Exterior: Partial Stone, Vinyl
Garage/Parking
Garage/Parking: 2 Cars, Detached
Garage Size: 2 CAR
Utilities
Heating Cooling: Central Air, Forced Air, Gas Heat
Schools
Elementary School: College Comm
Middle School: College Comm
High School: College Comm
Lot Info
Lot Size: 17211
Ownership History
DateNameOwned ForOwner Type
Jan 2015 - PresentScherrman Jacob M and Scherrman Ashley S10 Years and 5 Months
Private Individual
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%
Total Days on Market
40
Current Estimated Value
$205,785
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,784
Avg. Annual Appreciation
3.72%
Original Mortgage
$131,100
Outstanding Balance
$102,260
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$99,595
Oct 2012 - Jan 2015Geinzer Guy Edward and Geinzer Barbara Jean2 Years and 3 Months
Private Individual
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%
Apr 2012 - Oct 2012The Department Of Hud6 Months
Private Individual
Purchase Details
Closed on
Apr 12, 2012
Sold by
Wells Fargo Bank Na
Bought by
The Department Of Hud
Mar 2012 - Apr 2012Wells Fargo Bank Na1 Month
Private Individual
Purchase Details
Closed on
Mar 27, 2012
Sold by
Slaton Pamela L
Bought by
Wells Fargo Bank Na
Aug 2007 - Mar 2012Slaton Donnie P and Slaton Pamela L4 Years and 7 Months
Private Individual
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.
This is a flipper's delight! Start over and make this cute little home something special. 2 br 1 ba bungalow with newer, detached, oversized 1 car garage behind the house. Large deck and fenced yard in back. Full unfinished basement. Extra loft space for storage. This home is being sold as-is. Some contents of property will stay. Please verify school assignments.
Ready to move into the great home, appliances, AC, fenced yard and garage, updated and waiting for you. Fresh paint, flooring and electric, located close to shopping, check this one out.
Looking for stable cash flow and long-term appreciation in one of the Midwest’s most investor-friendly markets? This turnkey portfolio in Cedar Rapids, IA is the perfect addition to your rental holdings. Whether you're a local investor or an out-of-state buyer looking to expand in the Midwest, this package offers immediate rental income, strong tenant demand, and a market with steady growth.
Listed $16K UNDER assessed value!! Buy NOW with instant equity!!! Being Sold As-Is, Inspections are for Buyer reference only. Property was purchased and used as a Rental property. Monthly rent $750.00 plus utilities. Parking spot in front of home, concrete parking spot in back off alley as well as street parking. Updated kitchen and bath, newer windows, newer roof, ALL Appliances stay!
Perfect Starter Home at the Perfect Price! This charming 1-bedroom, 1-bath home is ideal for first-time buyers or anyone looking to downsize without sacrificing comfort. Enjoy the convenience of a 1-stall attached garage, a welcoming front porch, and a full basement that offers plenty of storage or potential for future finishing. Located just minutes from downtown and I-380, you’ll have quick
Investor Special! This is a great opportunity to add value to a home! The project has been started and so much has been done! New Water Main, Refinished Floors Plumbing repairs, Wall/drywall repairs and a good deal of the painting Built new Kitchen, new water heater, rebuilt bathroom (tiles and Trim need finished) Exterior Paint, Back porch reframed to make a pantry. This is a solid home close to
Sweat equity can be your's, great opportunity for an income property or great place to raise your large family with plenty of room, nice fenced yard and 2 stall garage with alley access. The home is offered to an owner occupied, nonprofit buyers, and government institutions only for the first 30 days. Investor offers will be reviewed starting day 31. Sellers will review offers after the
2 story, 2,491 sq ft, turn of the century home. Located a block from Coe College. Was most recently a 2 unit, owner-occupied duplex. It has city approval to be 3 units. Property is currently not habitable. Electricity has 2 separate meters. Gas and water are each on one meter. Includes a 4-stall garage off the alley at the back of the property. Property being sold in AS-IS condition. ANYONE
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Average Value
Not Available
List Price
Sold Price
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Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 5221 Old Ely Rd SW, Cedar Rapids, IA 52404 and is currently priced at $74,040, approximately $68 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.
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