NOT LISTED FOR SALE

702 Olive Dr NW Cedar Rapids, IA 52405

Cherry Hill Park Neighborhood

Estimated Value: $243,188

3 Beds
1.5 Baths
1,506 Sq Ft
$161/Sq Ft Est. Value

Sale Details

Date Sold: June 13, 2025

Last sale price $226,500 $150 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,629 / mo

5 Days on Market

Highlights

  • Deck
  • No HOA
  • Tandem Parking
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Patio

About This Home

As of June 2025

This home has it all! Hurry to see this awesome 3 bedroom home located in a desirable NW area. Large bedrooms, updated bathrooms & kitchen with newer stainless steel appliances that stay! Amazing lower level rec room that is an entertainers dream & also includes a half bath, more storage & potential for 4th bedroom. The yard is awesome! Grow you own food, enjoy the private fenced patio or huge deck, or hang out in the 466sq ft tandem garage! This home is perfect for those that are upgrading or downsizing! Hurry! Won't last!!!

Last Agent to Sell the Property

Teri Graf

Teri Graf Real Estate Team Listed on: 05/14/2025

Co-Listed By

Jeff Nelson

Teri Graf Real Estate Team

Last Buyer's Agent

Tabatha Barnes

SKOGMAN REALTY

SKOGMAN REALTY

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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,566

Year Built

  • Built in 1976

Lot Details

  • Lot Dimensions are 60x125
  • Fenced

Parking

  • 1 Car Garage
  • Tandem Parking
  • On-Street Parking

Home Design

  • Split Foyer
  • Poured Concrete
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Multi-Level Property
  • Combination Kitchen and Dining Room
  • Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

  • Maple Grove Elementary School
  • Taft Middle School
  • Jefferson High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 13243-55052-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,566

Year Built

Built in 1976

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • NAV29_Unit_1_Appliances: See Remarks
  • Co List Office Mls Id: CTGRE
  • Co List Office Phone: 319-981-1748
  • Co List Office Phone: 319-981-1748
  • MLS Status: Closed
  • Directions: Edgewood to E ave to Olive Dr
  • Above Grade Finished Sq Ft: 1051.0
  • Architectural Style: Split-Foyer
  • Reso Interior Features: Breakfast Bar, Eat-in Kitchen, Kitchen/Dining Combo, Main Level Primary
  • Unit Levels: Multi/Split
  • New Construction: No
  • Year Built: 1976
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Concrete
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 455.0

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Fence
  • Foundation Details: Poured
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Garage, On Street, See Remarks, Tandem

Utilities

  • Utilities: Cable Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Maple Grove
  • High School: Jefferson
  • Middle Or Junior School: Taft

Lot Info

  • Lot Dimensions: 60x125
  • ResoLotSizeUnits: Acres
  • Parcel Number: 13243-55052-00000

Tax Info

  • Tax Annual Amount: 3566.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2025
Closed on
Jun 10, 2025
Sold by
Pierce Lisa K and Pierce Darin E
Bought by
Seller's Agent
Teri Graf
Teri Graf Real Estate Team
Buyer's Agent
Tabatha Barnes
SKOGMAN REALTY
List Price
$229,950
Sold Price
$226,500
Premium/Discount to List
-$3,450
-1.5%
Views
16
Current Estimated Value
$243,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,688
Avg. Annual Appreciation
5.76%
Original Mortgage
$192,525
Outstanding Balance
$190,122
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$53,066

Purchase Details

Listed on
May 14, 2025
Closed on
Apr 29, 2025
Sold by
Palumbo Lisa K and Pierce Lisa K
Bought by
Pierce Lisa K and Pierce Darin E
Seller's Agent
Teri Graf
Teri Graf Real Estate Team
Buyer's Agent
Tabatha Barnes
SKOGMAN REALTY
List Price
$229,950
Sold Price
$226,500
Premium/Discount to List
-$3,450
-1.5%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,525
Outstanding Balance
$190,122
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$53,066

Purchase Details

Closed on
Jun 5, 2015
Sold by
Hornett Justin W and Hornett Amy J
Bought by
Hornett Properties Llc

Purchase Details

Listed on
Aug 25, 2011
Closed on
Feb 23, 2012
Sold by
Falco Andrew F
Bought by
Homett Justin W and Homett Amy J
Seller's Agent
Christina Axvig
Realty87
Buyer's Agent
Christina Axvig
Realty87
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%
Original Mortgage
$93,600
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 25, 2008
Sold by
Midlang Brian M
Bought by
Falco Andrew F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,086
Interest Rate
5.88%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Cherry Hill Park, IA

  • Ollie Dent Real Estate Agent - RUHL & RUHL REALTORS®

    Ollie Dent

    RUHL & RUHL REALTORS®

    (319) 382-6487

    83 Total Sales

    3 in Cherry Hill Park

    $178K - $185K Price Range

    Ollie Dent
     Section Image
  • Robin Sueppel Real Estate Agent - Urban Acres Real Estate

    Robin Sueppel

    Urban Acres Real Estate

    (319) 844-7009

    200 Total Sales

    1 in Cherry Hill Park

    $180,000 Price

    Robin Sueppel
     Section Image
  • Chris Boddicker Real Estate Agent - Urban Acres Real Estate Corridor

    Chris Boddicker

    Urban Acres Real Estate Corridor

    (319) 600-7161

    284 Total Sales

    3 in Cherry Hill Park

    $340K - $420K Price Range

    Chris Boddicker
     Section Image
  • Rob McCain Real Estate Agent - Urban Acres Real Estate Corridor

    Rob McCain

    Urban Acres Real Estate Corridor

    (319) 600-6853

    289 Total Sales

    1 in Cherry Hill Park

    $352,000 Price

    Rob McCain
     Section Image
  • Michelle Fitzgerald Real Estate Agent - Century 21 Signature Real Estate

    Michelle Fitzgerald

    Century 21 Signature Real Estate

    (319) 409-6715

    173 Total Sales

    1 in Cherry Hill Park

    $374,000 Price

    Michelle Fitzgerald
     Section Image
  • Jaime Hymer Real Estate Agent - Pinnacle Realty

    Jaime Hymer

    Pinnacle Realty

    (319) 382-0391

    320 Total Sales

    12 in Cherry Hill Park

    $145K - $225K Price Range

    Jaime Hymer
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$226,500 None Listed On Document
Pierce Lisa K -- None Listed On Document
Hornett Properties Llc -- None Available
Homett Justin W $85,000 None Available
Falco Andrew F $114,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $192,525
Previous Owner Palumbo Lisa $110,980
Previous Owner Homett Justin W $93,600
Previous Owner Falco Andrew F $114,086
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2025 06/13/25 Sold $226,500 -1.5% $150 / Sq Ft
05/19/2025 05/19/25 Pending -- -- --
05/14/2025 05/14/25 For Sale $229,950 +170.5% $153 / Sq Ft
03/08/2012 03/08/12 Sold $85,000 -14.9% $58 / Sq Ft View Prior Sale
01/23/2012 01/23/12 Pending -- -- --
08/25/2011 08/25/11 For Sale $99,900 -- $68 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,068 $196,900 $38,600 $158,300
2024 $3,054 $191,600 $38,600 $153,000
2023 $3,054 $183,800 $35,600 $148,200
2022 $2,974 $153,700 $32,700 $121,000
2021 $2,864 $152,500 $32,700 $119,800
2020 $2,864 $138,400 $29,700 $108,700
2019 $2,660 $131,900 $26,700 $105,200
2018 $2,582 $131,900 $26,700 $105,200
2017 $2,760 $126,700 $26,700 $100,000
2016 $2,744 $129,100 $26,700 $102,400
2015 $2,646 $124,334 $26,730 $97,604
2014 $2,646 $124,334 $26,730 $97,604
2013 $2,590 $124,334 $26,730 $97,604
Source: Public Records

Agents Affiliated with this Home

  • Teri Graf Real Estate Agent - Teri Graf Real Estate Team

    Seller's Agent in 2025

    Teri Graf

    Teri Graf Real Estate Team

    (319) 981-1748

    4 in this area

    49 Total Sales

    Teri Graf
    Section Image

  • JN

    Seller Co-Listing Agent in 2025

    Jeff Nelson

    Teri Graf Real Estate Team

    (319) 343-5333

    4 in this area

    122 Total Sales

    Jeff Nelson
    Section Image
  • Tabatha Barnes Real Estate Agent - SKOGMAN REALTY

    Buyer's Agent in 2025

    Tabatha Barnes

    SKOGMAN REALTY

    (319) 551-2128

    20 in this area

    249 Total Sales

    Tabatha Barnes
    Section Image
  • Christina Axvig Real Estate Agent - Realty87

    Seller's Agent in 2012

    Christina Axvig

    Realty87

    (319) 721-8351

    4 in this area

    133 Total Sales

    Christina Axvig
    Section Image

  • ML

    Seller Co-Listing Agent in 2012

    Melissa Langhurst

    Realty87

    6 in this area

    109 Total Sales

    Melissa Langhurst
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2503526

Cedar Rapids Area Association of REALTORS®

APN: 13243-55052-00000

Iowa Linn County Cedar Rapids 52405 Cherry Hill Park

702 Olive Dr NW, Cedar Rapids, IA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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