NOT LISTED FOR SALE

656 18th Ave SW Cedar Rapids, IA 52404

Estimated Value: $128,000 - $153,000

3 Beds
1.5 Baths
1,498 Sq Ft
$97/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $55,000 $37 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $925/month

6 Days on Market

Highlights

  • Formal Dining Room
  • Forced Air Cooling System
  • Family Room
  • 2 Car Detached Garage
  • Living Room

About This Home

As of June 2018

Investor Alert! There is so much to offer with this home, there is hardwood floors though-out and it still has the original woodwork! The home has a 2 stall garage with allay access! The kitchen cabinets are in good shape and still look new. The basement adds to the living space with a finished living-room.

Last Agent to Sell the Property

KATHY EIGHME

FUSION REALTORS Listed on: 05/31/2018

Last Buyer's Agent

Michelle Federspiel

RUHL & RUHL REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • 1925

Lot Details

  • 7,013 Sq Ft Lot
  • Lot Dimensions are 50 x 140

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Year Built

1925

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.1610
  • Above Grade Finished Sq Ft: 1248
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 1600
  • List User Cell Phone: 319-231-6980
  • Low Lvl Fin Sq Ft: 250
  • Net Tax: 1600
  • Other: Repo
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00182
  • Ratio Close Price By Original Li: 0.91820
  • Ratio Current Price By Sq Ft: 44.07
  • Total Sq Ft: 1498
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Additional Room: 1st Floor Family, Living Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 2: 3
  • Level 2 Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 7

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Detached

Utilities

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

Schools

  • Elementary School: Grant
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: 50 X 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2021
Sold by
Federspiel Properties Llc
Bought by
Better Rentals By Connerley Llc
Current Estimated Value
$144,642

Purchase Details

Listed on
May 31, 2018
Closed on
Jun 15, 2018
Sold by
Bayview Loan Servicing Llc
Bought by
Federspiel Properties Llc
Seller's Agent
KATHY EIGHME
FUSION REALTORS
Buyer's Agent
Michelle Federspiel
RUHL & RUHL REALTORS
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.25%

Purchase Details

Closed on
Feb 13, 2018
Sold by
Sheriff Of Linn County
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Jan 28, 2010
Sold by
Knuppe John P and Knuppe Karie J
Bought by
Mayes Travis E and Mayes Genefer R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,297
Interest Rate
5.03%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 21, 2000
Sold by
Weitnauer Douglas W and Weitnauer Beverly J
Bought by
Knuppe John P and Knuppe Karie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,414
Interest Rate
8.12%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Better Rentals By Connerley Llc $1,000,000 None Available
Federspiel Properties Llc $55,000 None Available
Bayview Loan Servicing Llc $55,300 None Available
Mayes Travis E $93,500 None Available
Knuppe John P $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mayes Travis E $92,297
Previous Owner Knuppe John P $69,414
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $55,000 +0.2% $37 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
06/01/2018 06/01/18 Price Changed $54,900 -8.3% $37 / Sq Ft
05/31/2018 05/31/18 For Sale $59,900 -- $40 / 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 $1,900 $117,400 $25,900 $91,500
2024 $2,100 $109,300 $23,600 $85,700
2023 $2,100 $107,400 $23,600 $83,800
2022 $1,788 $99,600 $23,600 $76,000
2021 $1,944 $86,300 $20,300 $66,000
2020 $1,944 $88,100 $19,100 $69,000
2019 $2,295 $82,700 $19,100 $63,600
2018 $1,734 $82,700 $19,100 $63,600
2017 $1,562 $73,500 $19,100 $54,400
2016 $1,562 $73,500 $19,100 $54,400
2015 $1,636 $76,912 $19,125 $57,787
2014 $1,636 $89,713 $19,125 $70,588
2013 $1,868 $89,713 $19,125 $70,588
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1803797

Cedar Rapids Area Association of REALTORS®

APN: 14321-07015-00000