NOT LISTED FOR SALE

615 16th St SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $91,000 - $114,000

2 Beds
1 Bath
1,007 Sq Ft
$100/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $71,500 $71 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $630/month

104 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Forced Air Cooling System
  • Formal Dining Room

About This Home

As of October 2022

Super cute 2 bed house with garage. For a smaller house, there is more storage than most 3 bed houses. Needs nothing to move in. Check this one out!!

Last Agent to Sell the Property

James Snider

Cedar Valley Iowa Realty Listed on: 05/27/2022

Last Buyer's Agent

James Snider

Cedar Valley Iowa Realty Listed on: 05/27/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,200

Year Built

  • 1910

Lot Details

  • 2,614

Home Design

  • Frame Construction

Interior Spaces

  • 1,007 Sq Ft Home
  • 1.5-Story Property
  • Formal Dining Room
  • Basement
  • Block Basement Construction
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Additional Features

  • Deck
  • 2,614 Sq Ft Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,200

Year Built

1910

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.0600
  • Above Grade Finished Sq Ft: 1007
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 1200
  • List User Cell Phone: 319-429-3662
  • Miscellaneous: Deck
  • Net Tax: 1200
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.79444
  • Ratio Close Price By Original Li: 0.65000
  • Ratio Current Price By Sq Ft: 71.00
  • Total Sq Ft: 1007
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1910

Interior Features

  • Appliances Included: Range, Refrigerator
  • Basement: Block
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 1 Car, Detached, Off Street Parking

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Lot Info

  • Lot Size: 2633

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Oct 12, 2022
Sold by
Frazier Benjamin E
Bought by
Black Diamond Equity Partners Llc
Seller's Agent
James Snider
Cedar Valley Iowa Realty
Buyer's Agent
James Snider
Cedar Valley Iowa Realty
List Price
$110,000
Sold Price
$71,500
Premium/Discount to List
-$38,500
-35%
Current Estimated Value
$100,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,751
Avg. Annual Appreciation
11.48%
Original Mortgage
$84,000
Outstanding Balance
$79,123
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$21,128

Purchase Details

Listed on
Feb 5, 2020
Closed on
Jun 3, 2020
Sold by
Welborn Cynthia and Delperdang Cynthia K
Bought by
Frazier Benjamin
Seller's Agent
Jeremy Trenkamp
Realty87
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$51,400
Sold Price
$49,000
Premium/Discount to List
-$2,400
-4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.44%
Original Mortgage
$36,750
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2019
Sold by
Delperdang Joshua
Bought by
Welborn Cynthia

Purchase Details

Closed on
Aug 8, 2007
Sold by
Nrs
Bought by
Delperdang Joshua T and Delperdang Cynthia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,990
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2004
Sold by
Engledon Lonnie L and Engledon Sara S
Bought by
The Chase Manhattan Bank and Imc Home Equity Trust 1995-1
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
Black Diamond Equity Partners Llc $71,500 --
Black Diamond Equity Partners Llc $71,500 None Listed On Document
Frazier Benjamin $49,000 None Available
Welborn Cynthia -- None Available
Delperdang Joshua T $57,500 None Available
The Chase Manhattan Bank $38,228 Iowa Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Diamond Equity Partners Llc $84,000
Closed Black Diamond Equity Partners Llc $84,000
Previous Owner Frazier Benjamin $36,750
Previous Owner Delperdang Joshua T $52,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2022 10/12/22 Sold $71,500 -20.6% $71 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
08/02/2022 08/02/22 Price Changed $90,000 -17.1% $89 / Sq Ft
07/08/2022 07/08/22 Price Changed $108,500 -1.4% $108 / Sq Ft
05/27/2022 05/27/22 For Sale $110,000 +124.5% $109 / Sq Ft
06/05/2020 06/05/20 Sold $49,000 0.0% $49 / Sq Ft View Prior Sale
05/06/2020 05/06/20 Pending -- -- --
04/15/2020 04/15/20 Price Changed $49,000 -4.7% $49 / Sq Ft
02/05/2020 02/05/20 For Sale $51,400 -- $51 / 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 $1,220 $78,300 $15,600 $62,700
2024 $1,156 $71,700 $13,800 $57,900
2023 $1,156 $68,900 $11,900 $57,000
2022 $1,140 $54,800 $11,900 $42,900
2021 $1,200 $55,000 $10,000 $45,000
2020 $1,200 $54,400 $10,000 $44,400
2019 $1,082 $50,200 $8,800 $41,400
2018 $1,052 $50,200 $8,800 $41,400
2017 $1,050 $49,400 $8,800 $40,600
2016 $1,050 $49,400 $8,800 $40,600
2015 $1,044 $49,064 $8,759 $40,305
2014 $1,044 $49,064 $8,759 $40,305
2013 $1,022 $49,064 $8,759 $40,305
Source: Public Records

Agents Affiliated with this Home

  • James Snider

    Seller's Agent in 2022

    James Snider

    Cedar Valley Iowa Realty

    (319) 429-3662

    2 in this area

    37 Total Sales

    James Snider
    Section Image
  • Jeremy Trenkamp

    Seller's Agent in 2020

    Jeremy Trenkamp

    Realty87

    (319) 270-1323

    17 in this area

    825 Total Sales

    Jeremy Trenkamp
    Section Image

  • D

    Buyer's Agent in 2020

    Donald Fieldhouse

    Cedar Rapids Area Association of REALTORS

    (239) 774-6598

    37 in this area

    5,029 Total Sales

    Donald Fieldhouse
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2204680

Cedar Rapids Area Association of REALTORS®

APN: 14223-76001-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

615 16th St SE, Cedar Rapids, IA

Not Listed for Sale

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