$74,040
SOLD OCT 12, 2012

5221 Old Ely Rd SW Cedar Rapids, IA 52404

1 Bed
1 Bath
1,088 Sq Ft
0.3 Acres

Recently Sold

$68 Per Sq Ft

7% Below List Price

40 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • 2 Car Detached Garage
  • Prairie Ridge Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Eat-In Kitchen

About This Home

As of January 2015

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 REALTY Listed on: 08/01/2012

SKOGMAN REALTY

Last Buyer's Agent

Penny Novak

SKOGMAN REALTY Listed on: 08/01/2012

SKOGMAN REALTY

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

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%
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

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

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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
Warranty Deed $138,500 None Available
Special Warranty Deed -- None Available
Warranty Deed -- None Available
Sheriffs Deed $130,121 None Available
Warranty Deed $85,500 None Available
Legal Action Court Order -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $131,100 New Conventional
Previous Owner $111,391 FHA
Previous Owner $86,000 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1205752

Cedar Rapids Area Association of REALTORS®

APN: 19112-79005-00000