$80,100
SOLD FEB 27, 2015

6601 Arbor Ln NE Cedar Rapids, IA 52402

4 Beds
2 Baths
1,589 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

16% Below List Price

78 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Main Floor Primary Bedroom
  • John F. Kennedy High School Rated A-
  • Wooded Lot
  • 1 Car Attached Garage

About This Home

As of August 2015

Bank Owned Property with lots of potential. Very desirable neighborhood. Property does need work and sold as is. Perfect for that investor handyman.

Last Agent to Sell the Property

Gary Doerrfeld

Realty87 Listed on: 11/03/2014

Realty87

Last Buyer's Agent

Judi Mccoy

IOWA REALTY CORRIDOR

IOWA REALTY CORRIDOR

Home Details

Home Type

  • Single Family

Year Built

  • 1971

Lot Details

  • Lot Dimensions are 70 x 106
  • Wooded Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Split Level Home
  • Poured Concrete
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Year Built

1971

Lot Details

0

Listing Details

  • Style: Split Level
  • Above Grade Finished Sq Ft: 943
  • Total Bathrooms: 2.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar
  • Gross Tax: 2612
  • List User Cell Phone: 319-981-2983
  • Low Lvl Fin Sq Ft: 646
  • Miscellaneous: Deck
  • Net Tax: 2612
  • Other: Repo
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.84316
  • Ratio Close Price By Original Li: 0.84316
  • Ratio Current Price By Sq Ft: 84.94
  • Total Sq Ft: 1589
  • Tax Roll Number: 113317804100000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1971

Interior Features

  • Appliances Included: Dishwasher, Disposal, Range
  • Additional Room: Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 1 Car, Attached
  • Garage Size: 294

Utilities

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

Schools

  • Elementary School: Nixon
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: 70 X 106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2015
Closed on
Aug 28, 2015
Sold by
Arends Brett D and Arends Randal D
Bought by
Mulford Lucas M
Seller's Agent
Judi Mccoy
Iowa Realty, Inc. - CR
Buyer's Agent
Judi Mccoy
Iowa Realty, Inc. - CR
List Price
$134,950
Sold Price
$132,500
Premium/Discount to List
-$2,450
-1.82%
Current Estimated Value
$209,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,315
Avg. Annual Appreciation
4.46%
Original Mortgage
$128,525
Outstanding Balance
$101,837
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$103,367

Purchase Details

Listed on
Nov 3, 2014
Closed on
Feb 25, 2015
Sold by
University Of Iowa Community Cu
Bought by
Arends Brett D and Arends Randal D
Seller's Agent
Gary Doerrfeld
Realty87
Buyer's Agent
Judi Mccoy
IOWA REALTY CORRIDOR
List Price
$95,000
Sold Price
$80,100
Premium/Discount to List
-$14,900
-15.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
173.63%
Original Mortgage
$142,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 7, 2014
Sold by
Estate Of Beatriz D Lindo
Bought by
University Of Iowa Community Cu
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $80,500 None Available
Legal Action Court Order -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $128,525 New Conventional
Previous Owner $142,000 Future Advance Clause Open End Mortgage
Previous Owner $107,100 New Conventional
Previous Owner $15,000 Stand Alone Second
Previous Owner $96,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2015 08/28/15 Sold $132,500 -1.8% $83 / Sq Ft
08/19/2015 08/19/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $134,950 +68.5% $84 / Sq Ft
02/27/2015 02/27/15 Sold $80,100 -15.7% $50 / Sq Ft
01/20/2015 01/20/15 Pending -- -- --
11/03/2014 11/03/14 For Sale $95,000 -- $60 / 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 $2,666 $190,800 $35,100 $155,700
2023 $2,666 $150,500 $35,100 $115,400
2022 $2,518 $135,300 $31,900 $103,400
2021 $2,578 $130,500 $31,900 $98,600
2020 $2,578 $125,400 $25,500 $99,900
2019 $2,342 $117,200 $25,500 $91,700
2018 $2,274 $117,200 $25,500 $91,700
2017 $2,318 $115,000 $25,500 $89,500
2016 $2,342 $110,200 $25,500 $84,700
2015 $2,674 $125,632 $25,536 $100,096
2014 $2,674 $125,632 $25,536 $100,096
2013 $2,616 $125,632 $25,536 $100,096
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1407397

Cedar Rapids Area Association of REALTORS®

APN: 11331-78041-00000