NOT LISTED FOR SALE

633 Olive Dr NW Cedar Rapids, IA 52405

Cherry Hill Park Neighborhood

Estimated Value: $195,000 - $239,000

3 Beds
2 Baths
1,486 Sq Ft
$146/Sq Ft Est. Value

Last Sold September 13, 2024

Last sale price $183,000 $123 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,415/month

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Forced Air Cooling System
  • Recreation Room with Fireplace
  • 2 Car Attached Garage
  • Combination Kitchen and Dining Room

About This Home

As of September 2024

Great Investment Opportunity! This charming 3-bedroom, 2-full bath home is priced under assessed value and is ready for your personal touch. Located in a peaceful neighborhood, this property offers the perfect blend of tranquility and convenience, with easy access to all the amenities Cedar Rapids has to offer. The home features a spacious living area, a functional kitchen, and a 2-stall garage, providing plenty of space for your vehicles and storage needs. Downstairs you will find a rec room along with an additional full bathroom. The quiet surroundings make it an ideal place to unwind, while being just minutes away from shopping, dining, and entertainment options. This property is being sold as-is, giving you the opportunity to customize and update to your liking. Inspections are welcome for the buyer's information. Don’t miss out on this chance to invest in a home with great potential!

Last Agent to Sell the Property

Holly Sholes

Realty87 Listed on: 08/02/2024

Realty87

Last Buyer's Agent

Michelle David

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,380

Year Built

  • 1977

Lot Details

  • 7,449 Sq Ft Lot
  • Fenced

Home Design

  • Split Foyer
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Combination Kitchen and Dining Room
  • Recreation Room with Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,380

Year Built

1977

Lot Details

7,449 Sq Ft Lot

Listing Details

  • Style: Split Foyer
  • Acres: 0.1710
  • Above Grade Finished Sq Ft: 1138
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 3380
  • List User Cell Phone: 319-361-9967
  • Low Lvl Fin Sq Ft: 348
  • Miscellaneous: Deck, Fencing
  • Net Tax: 3380
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.01667
  • Ratio Close Price By Original Li: 1.01667
  • Ratio Current Price By Sq Ft: 160.81
  • Total Sq Ft: 1486
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Appliances Included: Dishwasher, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer
  • Additional Room: Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Fireplace Features: Rec Room
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 6

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 2 Car

Utilities

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

Lot Info

  • Lot Size: .171 Acre

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Sep 11, 2024
Sold by
Franklin-Clark Derwin D and Franklin-Clark Kelly R
Bought by
Fennern Cody T
Seller's Agent
Holly Sholes
Realty87
Buyer's Agent
Michelle David
Pinnacle Realty LLC
List Price
$180,000
Sold Price
$183,000
Premium/Discount to List
$3,000
1.67%
Views
5
Current Estimated Value
$217,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,046
Avg. Annual Appreciation
11.88%
Original Mortgage
$36,600
Interest Rate
6.73%

Purchase Details

Listed on
Feb 11, 2015
Closed on
Mar 31, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Diaz Albert and Kriegel Teresa
Seller's Agent
Jim Willmsen
RE/MAX CONCEPTS
Buyer's Agent
Jim Willmsen
RE/MAX CONCEPTS
List Price
$134,900
Sold Price
$124,500
Premium/Discount to List
-$10,400
-7.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$118,275
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2015
Sold by
Bayview Loan Servicing Llc
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,275
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2014
Sold by
Thomsen Sharon D
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Sep 28, 2007
Sold by
Witter Shane R and Witter Joanna M
Bought by
Thomsen Sharon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2005
Sold by
Mickelson Melissa Lynn
Bought by
Witter Shane R and Vanberkum Joanna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,750
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Fennern Cody T $183,000 River Ridge Escrow
Diaz Albert -- None Available
Federal Home Loan Mortgage Corporation -- --
Bayview Loan Servicing Llc -- None Available
Thomsen Sharon D $142,500 None Available
Witter Shane R $114,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Fennern Cody T $36,600
Open Fennern Cody T $146,400
Previous Owner Diaz Albert $118,275
Previous Owner Thomsen Sharon D $143,000
Previous Owner Witter Shane R $97,750
Closed Bayview Loan Servicing Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2024 09/13/24 Sold $183,000 +1.7% $123 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
08/02/2024 08/02/24 For Sale $180,000 +20.0% $121 / Sq Ft
10/31/2016 10/31/16 Sold $150,000 +0.1% $132 / Sq Ft View Prior Sale
10/05/2016 10/05/16 Pending -- -- --
09/18/2016 09/18/16 For Sale $149,900 +20.4% $132 / Sq Ft
05/15/2015 05/15/15 Sold $124,500 -7.7% $84 / Sq Ft View Prior Sale
03/23/2015 03/23/15 Pending -- -- --
02/11/2015 02/11/15 For Sale $134,900 -- $91 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

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 $3,278 $201,100 $36,100 $165,000
2024 $3,380 $192,900 $36,100 $156,800
2023 $3,380 $185,200 $33,300 $151,900
2022 $3,294 $160,300 $30,600 $129,700
2021 $3,208 $159,000 $30,600 $128,400
2020 $3,208 $145,400 $27,800 $117,600
2019 $2,994 $138,900 $25,000 $113,900
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2024

    Holly Sholes

    Realty87

    (319) 361-9967

    3 in this area

    17 Total Sales

    Holly Sholes
    Section Image
  • Michelle David

    Buyer's Agent in 2024

    Michelle David

    Pinnacle Realty LLC

    (319) 533-0021

    7 in this area

    148 Total Sales

    Michelle David
    Section Image

  • J

    Seller's Agent in 2016

    Jacob Thompson

    McDonough Real Estate

    (319) 480-5850

    34 Total Sales

    Jacob Thompson
    Section Image
  • Jim Willmsen

    Seller's Agent in 2015

    Jim Willmsen

    RE/MAX

    (319) 981-7653

    2 in this area

    66 Total Sales

    Jim Willmsen
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2405397

Cedar Rapids Area Association of REALTORS®

APN: 13243-57004-00000

Iowa Linn County Cedar Rapids 52405 Cherry Hill Park

633 Olive Dr NW, Cedar Rapids, IA

Not Listed for Sale

Detached

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