NOT LISTED FOR SALE

617 1st St Traer, IA 50675

Estimated Value: $120,000 - $159,000

3 Beds
1 Bath
1,635 Sq Ft
$84/Sq Ft Est. Value

Last Sold August 13, 2019

Last sale price $75,000 $46 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $859/month

136 Days on Market

Highlights

  • Deck
  • 3 Car Detached Garage
  • Central Air
  • Formal Dining Room
  • Living Room

About This Home

As of August 2019

OFFER ACCEPTED PENDING INSPECTIONS

Welcome home, this would be perfect for first time home buyer or investor. This home offers off street parking with 3 stall garage, fresh paint, updated windows, beautiful woodwork, and hard wood floors. Two bedrooms on main floor and one large bedroom upstairs with bonus area for office, toys, or sitting room. Easy commute to Waterloo or Cedar Falls with small town living - close to downtown

Last Agent to Sell the Property

Kelley Reierson

Keller Williams Legacy Group Listed on: 02/18/2019

Keller Williams Legacy Group

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,658

Year Built

  • 1910

Lot Details

  • 6,882 Sq Ft Lot
  • Lot Dimensions are 57.5x120

Home Design

  • Frame Construction

Interior Spaces

  • 1.5-Story Property
  • Living Room
  • Formal Dining Room
  • Disposal
  • Laundry on upper level

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,658

Year Built

1910

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.1580
  • Above Grade Finished Sq Ft: 962
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Traer
  • Dining Features: Formal Dining
  • Gross Tax: 1658
  • List User Cell Phone: 319-551-1482
  • Low Lvl Fin Sq Ft: 673
  • Miscellaneous: Cable Ready, Deck, Screen Porch
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.83426
  • Ratio Close Price By Original Li: 0.83426
  • Ratio Current Price By Sq Ft: 77.96
  • Total Sq Ft: 1635
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1910

Interior Features

  • Appliances Included: Disposal, Water Heater – Gas
  • Additional Room: 2nd Floor Laundry, Living Room
  • Basement: Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 1
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 8

Exterior Features

  • Construction Methods: Frame

Garage/Parking

  • Garage/Parking: 3 Cars, Detached, Off Street Parking
  • Garage Size: 24X36

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

  • Elementary School: North Tama Comm
  • Middle School: North Tama Comm
  • High School: North Tama Comm

Lot Info

  • Lot Size: 57.5X120

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2019
Closed on
Aug 1, 2019
Sold by
Schaefer James A Est
Bought by
Shelman Miles A
Seller's Agent
Kelley Reierson
Keller Williams Legacy Group
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$89,900
Sold Price
$75,000
Premium/Discount to List
-$14,900
-16.57%
Current Estimated Value
$136,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,623
Avg. Annual Appreciation
9.47%
Original Mortgage
$66,500
Outstanding Balance
$58,619
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$70,583
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
Shelman Miles A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shelman Miles A $66,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2019 08/13/19 Sold $75,000 -16.6% $46 / Sq Ft
07/04/2019 07/04/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $89,900 -- $55 / 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
2024 $1,336 $86,330 $10,670 $75,660
2023 $1,358 $86,330 $10,670 $75,660
2022 $1,952 $80,470 $10,670 $69,800
2021 $1,924 $107,800 $13,750 $94,050
2020 $17 $101,400 $13,750 $87,650
2019 $1,722 $88,550 $0 $0
2018 $1,658 $88,550 $0 $0
2017 $1,658 $88,550 $0 $0
2016 $1,554 $88,550 $10,580 $77,970
2015 $1,452 $88,550 $10,580 $77,970
2014 $1,452 $85,630 $10,580 $75,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1901084

Cedar Rapids Area Association of REALTORS®

APN: 07.10.203.009