NOT LISTED FOR SALE

Estimated Value: $89,000 - $142,036

2 Beds
1 Bath
927 Sq Ft
$134/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $50,000 $54 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $788/month

21 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Cooling System
  • Guest Parking
  • 1 Car Attached Garage
  • Breakfast Bar
  • Family Room

About This Home

As of July 2020

Investor Alert!! Here is your chance to own one of, if not the last remaining Quonset huts in Cedar Rapids! This home has is roughly 927 sq/ft and is suitable for 2 bedrooms and 1 bathroom. This home has all new electrical (90% complete), new plumbing underground rough-in is complete and the roof has been recently sealed and coated. New insulation exists in the attic space as well. Vast majority of interior metal framing has been completed. Seller has already had drawings completed for this floor plan. There is also an attached oversized 1 stall garage completed recently. This home would make for a great investment/rental or a First Time Buyer who is handy and would like to build some early equity. The property being sold As-Is. Schedule your showing today!

Last Agent to Sell the Property

Matt Clark

Epique Realty Listed on: 05/26/2020

Epique Realty

Last Buyer's Agent

Matt Clark

Epique Realty Listed on: 05/26/2020

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,018

Year Built

  • 1946

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 70 x 139
  • Fenced

Home Design

  • Ranch Style House
  • Slab Foundation
  • Metal Construction or Metal Frame

Interior Spaces

  • 927 Sq Ft Home
  • Family Room
  • Breakfast Bar
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Guest Parking
  • On-Street Parking

Outdoor Features

  • Storage Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,018

Year Built

1946

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2200
  • Above Grade Finished Sq Ft: 927
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar
  • Gross Tax: 1018
  • List User Cell Phone: 563-212-5959
  • Miscellaneous: Fencing, Screen Porch, Storage Shed
  • Net Tax: 834
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.83333
  • Ratio Close Price By Original Li: 0.71429
  • Ratio Current Price By Sq Ft: 53.94
  • Total Sq Ft: 927
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1946

Interior Features

  • Appliances Included: Water Heater – Gas
  • Additional Room: 1st Floor Family, 1st Floor Laundry, 3 Seasons
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Metal Frame
  • Exterior: Steel

Garage/Parking

  • Garage/Parking: 1 Car, Attached, Guest Parking, On Street Parking

Utilities

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

Schools

  • Elementary School: Kenwood
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: 70 X 139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2023
Sold by
Wagner Robert James and Wagner Cassandra
Bought by
Forefront Properties Llc
Current Estimated Value
$123,759

Purchase Details

Listed on
May 26, 2020
Closed on
Jul 16, 2020
Sold by
Hancock Curt E and Hancock Valerie S
Bought by
Wagner Robert James and Magby Kenneth
Seller's Agent
Matt Clark
Epique Realty
Buyer's Agent
Matt Clark
Epique Realty
List Price
$70,000
Sold Price
$50,000
Premium/Discount to List
-$20,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.33%
Original Mortgage
$48,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 1999
Sold by
Camp Michael Lee and Camp Louise
Bought by
Hancock Curt E and Hancock Valerie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
7.61%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Forefront Properties Llc -- None Listed On Document
Wagner Robert James $50,000 None Available
Hancock Curt E $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wagner Robert James $48,750
Previous Owner Hancock Curt E $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $50,000 -16.7% $54 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
06/12/2020 06/12/20 Price Changed $60,000 -14.3% $65 / Sq Ft
05/26/2020 05/26/20 For Sale $70,000 -- $76 / 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
2023 $1,254 $101,700 $28,000 $73,700
2022 $1,110 $59,500 $28,000 $31,500
2021 $888 $53,600 $26,300 $27,300
2020 $888 $48,800 $21,000 $27,800
2019 $774 $44,400 $21,000 $23,400
2018 $726 $44,400 $21,000 $23,400
2017 $805 $44,000 $21,000 $23,000
2016 $805 $37,900 $21,000 $16,900
2015 $861 $40,469 $22,750 $17,719
2014 $676 $40,469 $22,750 $17,719
2013 $658 $40,469 $22,750 $17,719
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2003803

Cedar Rapids Area Association of REALTORS®

APN: 14101-55013-00000