NOT LISTED FOR SALE

5500 Klinger St SW Cedar Rapids, IA 52404

Lincolnway Village Neighborhood

Estimated Value: $134,000 - $163,488

2 Beds
1 Bath
894 Sq Ft
$170/Sq Ft Est. Value

Last Sold July 25, 2016

Last sale price $65,000 $73 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $992/month

36 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Forced Air Cooling System
  • Prairie Ridge Elementary School Rated A-
  • Eat-In Kitchen

About This Home

As of July 2016

College Community home on larger lot. A little work will make this a great home in a highly sought after neighborhood. Sold as-is, No prior history on property known. Property is eligible under the Freddie Mac First Look Initiative for 20 days. Owner occupant offers eligible immediately. Investor offers will be responded to after the FMFLI has been expired. No subject to sale offers considered. Pre-approval or cash letter must accompany offer.

Last Agent to Sell the Property

Cherokee Render

Keller Williams Legacy Group Listed on: 05/05/2016

Co-Listed By

Ann Gavin

Keller Williams Legacy Group

Last Buyer's Agent

Alicia Porter

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Year Built

  • 1954

Lot Details

  • 0.36

Parking

  • 1 Car Detached Garage

Home Design

  • 894 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Additional Features

  • Eat-In Kitchen
  • 0.36 Acre Lot

Home Details

Home Type

Single Family

Year Built

1954

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.3600
  • Above Grade Finished Sq Ft: 894
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 1782
  • List User Cell Phone: 319-573-8938
  • Net Tax: 1782
  • Other: Repo
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.92990
  • Ratio Close Price By Original Li: 0.92990
  • Ratio Current Price By Sq Ft: 72.71
  • Total Sq Ft: 894
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached

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: .36 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2016
Closed on
Jul 11, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Performance Properties And Investments L
Seller's Agent
Cherokee Render
Keller Williams Legacy Group
Buyer's Agent
Alicia Porter
RE/MAX CONCEPTS
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%
Current Estimated Value
$151,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,319
Avg. Annual Appreciation
9.57%
Original Mortgage
$93,000
Outstanding Balance
$62,048
Interest Rate
3.56%
Mortgage Type
Commercial
Estimated Equity
$86,723

Purchase Details

Closed on
Apr 12, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 16, 2013
Sold by
Coble Daryl L
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 8, 2007
Sold by
Campbell Hazel V
Bought by
Coble Daryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.2%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Performance Properties And Investments L -- None Available
Federal Home Loan Mortgage Corporation $35,000 None Available
Federal Home Loan Mortgage Corporation $64,727 None Available
Coble Daryl L $59,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Performance Properties & Investments Llc $93,000
Closed Performance Properties And Investments L $93,000
Previous Owner Coble Daryl L $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2016 07/25/16 Sold $65,000 -7.0% $73 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $69,900 -- $78 / 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 $2,270 $123,200 $31,800 $91,400
2022 $2,196 $102,500 $27,300 $75,200
2021 $2,108 $101,000 $27,300 $73,700
2020 $2,108 $92,600 $22,700 $69,900
2019 $1,954 $87,100 $22,700 $64,400
2018 $1,900 $87,100 $22,700 $64,400
2017 $1,672 $82,800 $22,700 $60,100
2016 $1,672 $77,300 $22,700 $54,600
2015 $1,672 $85,323 $22,720 $62,603
2014 $1,836 $85,323 $22,720 $62,603
2013 $1,746 $85,323 $22,720 $62,603
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Cherokee Render

    Keller Williams Legacy Group

  • A

    Seller Co-Listing Agent in 2016

    Ann Gavin

    Keller Williams Legacy Group

  • Alicia Porter

    Buyer's Agent in 2016

    Alicia Porter

    RE/MAX

    (319) 350-1093

    2 in this area

    233 Total Sales

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1605075

Cedar Rapids Area Association of REALTORS®

APN: 19093-77008-00000

Iowa Linn County Cedar Rapids 52404 Lincolnway Village

5500 Klinger St SW, Cedar Rapids, IA

This home is located at 5500 Klinger St SW, Cedar Rapids, IA 52404 since 05 May 2016 and is currently estimated at $152,122, approximately $170 per square foot. This property was built in 1954. 5500 Klinger St 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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