642 38th St NE Cedar Rapids, IA 52402
Kenwood Park Neighborhood
3
Beds
1
Bath
1,143
Sq Ft
5,663
Sq Ft Lot
Highlights
- Main Floor Primary Bedroom
- Forced Air Cooling System
- Combination Kitchen and Dining Room
- 2 Car Attached Garage
About This Home
As of January 20141950's 1 1/2 story with 3 bedrooms, 1 full bathroom, and over 1,100 sq ft. above grade. Property could have extra finished space in the basement. If you are a handy first time home buyer, this is the property for you! Property is priced well below assessed value and is being sold as is. Please see www.hudhomestore.com attachments for any disclosures and contract package. Seller recommends a home inspection on all of their properties.
Home Details
Home Type
- Single Family
Year Built
- 1955
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 58 x 105
Parking
- 2 Car Attached Garage
Home Design
- Frame Construction
Interior Spaces
- 1,143 Sq Ft Home
- 1.5-Story Property
- Combination Kitchen and Dining Room
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2013
Closed on
Jan 24, 2014
Sold by
Johnson Stacie L
Bought by
Middleswart Wesley S and Steiner Katlyn A
Seller's Agent
Stacie Johnson
eXp Realty
Buyer's Agent
Brennan Home Team
Keller Williams Legacy Group
List Price
$123,900
Sold Price
$117,873
Premium/Discount to List
-$6,027
-4.86%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,967
Avg. Annual Appreciation
4.30%
Original Mortgage
$115,737
Interest Rate
4.5%
Mortgage Type
FHA
Purchase Details
Listed on
Apr 1, 2013
Closed on
Aug 2, 2013
Sold by
Secretary Of Hud
Bought by
Rogers Jason
Seller's Agent
Ryan Eighme
Pinnacle Realty LLC
Buyer's Agent
Stacie Johnson
eXp Realty
List Price
$82,000
Sold Price
$63,829
Premium/Discount to List
-$18,171
-22.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
268.81%
Original Mortgage
$111,000
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 17, 2012
Sold by
Jpmorgan Chase Bank Na
Bought by
The Secretary Of Hud
Purchase Details
Closed on
Aug 7, 2012
Sold by
Burns Michael L and Burns Diane L
Bought by
Jpmorgan Chase Bank Na
Purchase Details
Closed on
May 15, 2000
Sold by
Foster Scott M and Foster Rose R
Bought by
Burns Michael L and Burns Diane L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,452
Interest Rate
8.21%
Mortgage Type
FHA
Similar Homes in Cedar Rapids, IA
-
$75,000
- 3 Beds
- 1 Bath
- 802 Sq Ft
- 142 14th Ave SW
- Cedar Rapids, IA
Investor Alert! This 3-bedroom, 1-bath home is listed well below assessed value—an excellent opportunity for investors, flippers, or those looking to add to their rental portfolio. With plenty of upside, this property is being sold as-is and is ready for your updates and improvements.
Bonnie Tiernan Realty87
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $118,000 | None Available | |
| Warranty Deed | $118,000 | None Available | |
| Special Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Sheriffs Deed | $125,789 | None Available | |
| Warranty Deed | $92,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $104,000 | New Conventional | |
| Closed | $115,737 | FHA | |
| Previous Owner | $111,000 | New Conventional | |
| Previous Owner | $92,452 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/21/2014 01/21/14 | Sold | $117,873 | -4.9% | $76 / Sq Ft |
| 11/10/2013 11/10/13 | Pending | -- | -- | -- |
| 10/11/2013 10/11/13 | For Sale | $123,900 | +94.1% | $80 / Sq Ft |
| 08/02/2013 08/02/13 | Sold | $63,829 | -22.2% | $56 / Sq Ft |
| 05/28/2013 05/28/13 | Pending | -- | -- | -- |
| 04/01/2013 04/01/13 | For Sale | $82,000 | -- | $72 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 | $3,278 | $185,700 | $33,700 | $152,000 |
| 2022 | $2,904 | $164,300 | $33,700 | $130,600 |
| 2021 | $2,932 | $149,100 | $27,000 | $122,100 |
| 2020 | $2,932 | $141,500 | $24,300 | $117,200 |
| 2019 | $2,638 | $130,900 | $21,600 | $109,300 |
| 2018 | $2,560 | $130,900 | $21,600 | $109,300 |
| 2017 | $2,560 | $123,400 | $21,600 | $101,800 |
| 2016 | $2,624 | $123,400 | $21,600 | $101,800 |
| 2015 | $2,624 | $125,122 | $21,576 | $103,546 |
| 2014 | $2,662 | $109,813 | $21,576 | $88,237 |
| 2013 | $2,286 | $109,813 | $21,576 | $88,237 |
Source: Public Records
Agents Affiliated with this Home
-
Stacie Johnson
Seller's Agent in 2014
Stacie Johnson
eXp Realty
(319) 213-1014
52 Total Sales
-
B
Buyer's Agent in 2014
Brennan Home Team
Keller Williams Legacy Group
-
Ryan Eighme
Seller's Agent in 2013
Ryan Eighme
Pinnacle Realty LLC
(319) 721-6099
9 in this area
137 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1302164
APN: 14101-13010-00000
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