Seller's Agent in 2025
Teri Graf
Teri Graf Real Estate Team
(319) 981-1748
4 in this area
32 Total Sales
702 Olive Dr NW Cedar Rapids, IA 52405
Cherry Hill Park Neighborhood
4
Beds
1.5
Baths
1,465
Sq Ft
1976
Built
Highlights
- Deck
- 1 Car Detached Garage
- Forced Air Cooling System
- Recreation Room
- Eat-In Kitchen
About This Home
As of June 2025This home is located at 702 Olive Dr NW, Cedar Rapids, IA 52405 and is currently priced at $85,000, approximately $58 per square foot. This property was built in 1976. 702 Olive Dr NW is a home located in Linn County with nearby schools including Truman Elementary School, Taft Middle School, and Thomas Jefferson High School.
Home Details
Home Type
- Single Family
Year Built
- 1976
Parking
- 1 Car Detached Garage
Home Design
- Split Foyer
- Poured Concrete
- Frame Construction
- Aluminum Siding
Interior Spaces
- Free Standing Fireplace
- Recreation Room
- Basement Fills Entire Space Under The House
- Eat-In Kitchen
Bedrooms and Bathrooms
- Primary bedroom located on second floor
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
- Gas Water Heater
- Cable TV Available
Additional Features
- Deck
- Lot Dimensions are 60 x 125
Listing and Financial Details
- Short Sale
Ownership History
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
Eiler Bailey and Graveman Olivia
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$262
Avg. Annual Appreciation
-15.67%
Original Mortgage
$192,525
Outstanding Balance
$192,525
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$23,049
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
$192,525
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$23,049
Purchase Details
Closed on
Aug 25, 2016
Sold by
Hornett Properties
Bought by
Palumbo Lisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,980
Interest Rate
3.43%
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
7.10%
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
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 | $226,500 | None Listed On Document | |
| Warranty Deed | $226,500 | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $85,000 | None Available | |
| Warranty Deed | $114,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $192,525 | New Conventional | |
| Closed | $192,525 | New Conventional | |
| Previous Owner | $110,980 | No Value Available | |
| Previous Owner | -- | No Value Available | |
| Previous Owner | $93,600 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $114,086 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 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 |
|---|---|---|---|---|
| 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
-
Jeff Nelson
J
Seller Co-Listing Agent in 2025
Jeff Nelson
Teri Graf Real Estate Team
(319) 343-5333
4 in this area
140 Total Sales
-
Tabatha Barnes
Buyer's Agent in 2025
Tabatha Barnes
SKOGMAN REALTY
(319) 551-2128
22 in this area
247 Total Sales
-
Christina Axvig
Seller's Agent in 2012
Christina Axvig
Realty87
(319) 721-8351
5 in this area
152 Total Sales
-
Melissa Langhurst
M
Seller Co-Listing Agent in 2012
Melissa Langhurst
Realty87
6 in this area
105 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1106114
APN: 13243-55052-00000
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.
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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