NOT LISTED FOR SALE

550 Wilson Ave SW Cedar Rapids, IA 52404

Southwest Area Neighborhood

Estimated Value: $2,848,305

-- Bed
-- Bath
3,252 Sq Ft
$876/Sq Ft Est. Value

About This Home

This home is located at 550 Wilson Ave SW, Cedar Rapids, IA 52404 and is currently estimated at $2,848,305, approximately $875 per square foot. 550 Wilson Ave SW is a home located in Linn County with nearby schools including Junction City Elementary School, Grant Elementary School, and Bruce Hall Day Treatment Center.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2022
Sold by
Wilson 550 Llc
Bought by
550 Wilson Ave Llc
Current Estimated Value
$2,848,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,114,664
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$1,733,641

Purchase Details

Closed on
Nov 27, 2017
Sold by
Medical Realty Company Inc
Bought by
Wilson 550 Llc and Managed Rentals Of Iowa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,245,553
Interest Rate
3.94%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
550 Wilson Ave Llc $2,375,000 --
Wilson 550 Llc $1,620,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 550 Wilson Ave Llc $1,200,000
Previous Owner Wilson 550 Llc $1,245,553
Source: Public Records

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 $34,630 $1,166,500 $399,000 $767,500
2024 $32,900 $1,166,900 $399,000 $767,900
2023 $32,900 $1,080,400 $399,000 $681,400
2022 $31,810 $1,006,100 $399,000 $607,100
2021 $31,514 $1,613,200 $399,000 $1,214,200
2020 $31,514 $1,566,600 $399,000 $1,167,600
2019 $30,342 $982,800 $399,000 $583,800
2018 $30,200 $982,800 $399,000 $583,800
2017 $25,395 $738,400 $399,000 $339,400
2016 $25,395 $738,400 $399,000 $339,400
2015 $25,705 $743,036 $399,000 $344,036
2014 $23,126 $743,036 $399,000 $344,036
2013 $26,094 $743,036 $399,000 $344,036
Source: Public Records

Map

Iowa Linn County Cedar Rapids 52404 Southwest Area

550 Wilson Ave SW, Cedar Rapids, IA

Not Listed for Sale

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