715 Memorial Dr SE Cedar Rapids, IA 52403
Vernon Heights NeighborhoodEstimated Value: $207,000 - $225,000
3
Beds
2.5
Baths
1,943
Sq Ft
$111/Sq Ft
Est. Value
Highlights
- Deck
- 2 Car Detached Garage
- Forced Air Cooling System
- Recreation Room
- Eat-In Kitchen
- Patio
About This Home
As of March 2020One word: Hurry! This home has so mucn of what today's buyers are looking for, no work to do! The long list of improvements is too many to mention all here, but includes a new roof, new furnace, new a/c in 2018; newer windows; main floor bathroom remodel; new sidewalk, portion of driveway and sidewalk to house; new privacy fence in the fenced-in back yard; and an absolutely huge kitchen and family room addition at the back of the house that features the openness that today's buyers want and a rare opportunity at this price point to have a kitchen this well-appointed and generously sized. A bathroom on every floor, including a master bath off the huge master suite on the second floor. There are also two bedrooms on the main level if one would want a master on hte main floor. Rare screened porch at this price point. Oversized 2-car garage. Come see for yourself! This much at this price won't last long!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,230
Year Built
- 1939
Lot Details
- 9,888 Sq Ft Lot
- Lot Dimensions are 50 x 198
- Fenced
Home Design
- Frame Construction
- Vinyl Construction Material
Interior Spaces
- 1.5-Story Property
- Family Room
- Recreation Room
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- Primary bedroom located on second floor
Laundry
- Dryer
- Washer
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Off-Street Parking
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
- Gas Water Heater
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2020
Closed on
Mar 22, 2020
Sold by
Smith Joel Aaron and Smith Carole J
Bought by
Hein Michael A
Seller's Agent
Cory Rath
KW Advantage
Buyer's Agent
Tracy Whitford
GRAF REAL ESTATE, ERA POWERED
List Price
$159,900
Sold Price
$165,000
Premium/Discount to List
$5,100
3.19%
Total Days on Market
4
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
$51,034
Avg. Annual Appreciation
5.32%
Original Mortgage
$132,000
Outstanding Balance
$118,196
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$97,838
Purchase Details
Listed on
Oct 12, 2011
Closed on
May 17, 2012
Sold by
Greiner Jane and Behan Catherine
Bought by
Smith Joel Aaron
Seller's Agent
Jean Perkins
SKOGMAN REALTY
Buyer's Agent
Deborah Lebeda
Pinnacle Realty LLC
List Price
$136,950
Sold Price
$124,500
Premium/Discount to List
-$12,450
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%
Original Mortgage
$24,900
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving
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Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hein Michael A | $165,000 | None Available | |
| Smith Joel Aaron | $124,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hein Michael A | $132,000 | |
| Previous Owner | Smith Joel A | $108,000 | |
| Previous Owner | Smith Joel A | $12,000 | |
| Previous Owner | Smith Joel Aaron | $24,900 | |
| Previous Owner | Smith Joel Aaron | $99,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/24/2020 03/24/20 | Sold | $165,000 | +3.2% | $85 / Sq Ft |
| 02/15/2020 02/15/20 | Pending | -- | -- | -- |
| 02/11/2020 02/11/20 | For Sale | $159,900 | +28.4% | $82 / Sq Ft |
| 05/18/2012 05/18/12 | Sold | $124,500 | -9.1% | $82 / Sq Ft |
| 04/15/2012 04/15/12 | Pending | -- | -- | -- |
| 10/12/2011 10/12/11 | For Sale | $136,950 | -- | $91 / 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 |
|---|---|---|---|---|
| 2023 | $3,766 | $195,200 | $29,100 | $166,100 |
| 2022 | $3,448 | $178,600 | $29,100 | $149,500 |
| 2021 | $3,510 | $166,400 | $26,400 | $140,000 |
| 2020 | $3,510 | $159,100 | $22,200 | $136,900 |
| 2019 | $3,046 | $153,100 | $22,200 | $130,900 |
| 2018 | $2,956 | $153,100 | $22,200 | $130,900 |
| 2017 | $2,892 | $144,600 | $22,200 | $122,400 |
| 2016 | $3,003 | $144,600 | $22,200 | $122,400 |
| 2015 | $3,005 | $144,577 | $22,200 | $122,377 |
| 2014 | $2,820 | $147,360 | $27,750 | $119,610 |
| 2013 | $2,812 | $147,360 | $27,750 | $119,610 |
Source: Public Records
Agents Affiliated with this Home
-
Cory Rath
Seller's Agent in 2020
Cory Rath
KW Advantage
(319) 329-2679
25 in this area
276 Total Sales
-
Tracy Whitford
T
Buyer's Agent in 2020
Tracy Whitford
GRAF REAL ESTATE, ERA POWERED
(319) 929-6547
96 Total Sales
-
Jean Perkins
J
Seller's Agent in 2012
Jean Perkins
SKOGMAN REALTY
2 in this area
86 Total Sales
-
Deborah Lebeda
D
Buyer's Agent in 2012
Deborah Lebeda
Pinnacle Realty LLC
(319) 899-3344
1 in this area
28 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2001061
APN: 14233-79048-00000
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