NOT LISTED FOR SALE

715 Memorial Dr SE Cedar Rapids, IA 52403

Vernon Heights Neighborhood

Estimated Value: $222,443 - $237,000

3 Beds
2.5 Baths
1,943 Sq Ft
$117/Sq Ft Est. Value

Last Sold March 24, 2020

Last sale price $165,000 $85 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,490/month

4 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Forced Air Cooling System
  • Recreation Room
  • Eat-In Kitchen
  • Patio

About This Home

As of March 2020

One 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!

Last Agent to Sell the Property

Cory Rath

KW Advantage Listed on: 02/11/2020

KW Advantage

Last Buyer's Agent

Tracy Whitford

Epique Realty

Epique Realty

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,230

Year Built

1939

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.2270
  • Above Grade Finished Sq Ft: 1607
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen
  • Gross Tax: 3230
  • List User Cell Phone: 319-329-2679
  • Low Lvl Fin Sq Ft: 336
  • Miscellaneous: Cable Ready, Deck, Fencing, Patio, Screen Porch
  • Net Tax: 3046
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.03189
  • Ratio Close Price By Original Li: 1.03189
  • Ratio Current Price By Sq Ft: 102.68
  • Total Sq Ft: 1943
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1939

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 1
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached, Off Street Parking
  • Garage Size: 576 sf

Utilities

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

Schools

  • Elementary School: Grant Wood
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 50 x 198

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
Epique Realty
List Price
$159,900
Sold Price
$165,000
Premium/Discount to List
$5,100
3.19%
Current Estimated Value
$227,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,611
Avg. Annual Appreciation
6.01%
Original Mortgage
$132,000
Outstanding Balance
$116,682
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$110,929

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
Source: Public Records

Range of Values:

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Average Value
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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
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 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

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
2025 $3,454 $218,700 $33,300 $185,400
2024 $3,766 $204,600 $30,500 $174,100
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

    26 in this area

    274 Total Sales

    Cory Rath
    Section Image

  • T

    Buyer's Agent in 2020

    Tracy Whitford

    Epique Realty

    (319) 929-6547

    95 Total Sales

    Tracy Whitford
    Section Image

  • J

    Seller's Agent in 2012

    Jean Perkins

    SKOGMAN REALTY

    2 in this area

    93 Total Sales

    Jean Perkins
    Section Image

  • D

    Buyer's Agent in 2012

    Deborah Lebeda

    Pinnacle Realty LLC

    (319) 899-3344

    1 in this area

    26 Total Sales

    Deborah Lebeda
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2001061

Cedar Rapids Area Association of REALTORS®

APN: 14233-79048-00000

Iowa Linn County Cedar Rapids 52403 Vernon Heights

715 Memorial Dr SE, Cedar Rapids, IA

This home is located at 715 Memorial Dr SE, Cedar Rapids, IA 52403 since 11 February 2020 and is currently estimated at $227,611, approximately $117 per square foot. This property was built in 1939. 715 Memorial Dr SE is a home located in Linn County with nearby schools including Grant Wood Elementary School, McKinley STEAM Academy, and George Washington High School.

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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