NOT LISTED FOR SALE

Estimated Value: $133,000 - $186,000

2 Beds
1 Bath
874 Sq Ft
$179/Sq Ft Est. Value

Last Sold February 20, 2013

Last sale price $117,172 $134 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,087/month

2 Days on Market

Highlights

  • New Construction
  • 2 Car Detached Garage
  • Forced Air Cooling System
  • Ranch Style House

About This Home

As of February 2013

This home is located at 720 3rd Ave SW, Cedar Rapids, IA 52404 since 10 September 2012 and is currently estimated at $156,258, approximately $178 per square foot. This property was built in 2012. 720 3rd Ave SW is a home located in Linn County with nearby schools including Cedar River Academy at Taylor Elementary School, Wilson Middle School, and Thomas Jefferson High School.

Last Agent to Sell the Property

Matthew Skogman

SKOGMAN REALTY Listed on: 09/10/2012

SKOGMAN REALTY

Last Buyer's Agent

Edward Duran

COLDWELL BANKER HEDGES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,586

Year Built

  • 2012

Lot Details

  • Lot Dimensions are 40 x 140

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 874 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Built by PREMIERE DEV

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,586

Year Built

2012

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 874
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • List User Cell Phone: 319-899-9804
  • Miscellaneous: Cable Ready, Home Warranty
  • New Construction: Yes
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00923
  • Ratio Close Price By Original Li: 1.00923
  • Ratio Current Price By Sq Ft: 134.06
  • R Value Ceiling: 40.0000
  • R Value Sidewalls: 19.0000
  • Total Sq Ft: 874
  • Tax Roll Number: 142918401000000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2012

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 4

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached

Utilities

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

Schools

  • Elementary School: Taylor
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: 40 X 140

Building Info

  • Builder Name: PREMIERE DEV

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2012
Closed on
Feb 15, 2013
Sold by
Premiere Development Inc
Bought by
Matthews Kelsey
Seller's Agent
Matthew Skogman
SKOGMAN REALTY
Buyer's Agent
Edward Duran
COLDWELL BANKER HEDGES
List Price
$116,100
Sold Price
$117,172
Premium/Discount to List
$1,072
0.92%
Total Days on Market
2
Current Estimated Value
$156,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,086
Avg. Annual Appreciation
2.54%
Original Mortgage
$87,879
Outstanding Balance
$63,474
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$96,195

Purchase Details

Closed on
Jul 20, 2005
Sold by
Guaranty Bank & Trust Co
Bought by
Austin E Armstrong Family Lc

Purchase Details

Closed on
Aug 20, 2004
Sold by
Prignitz Kathryn M
Bought by
Hood Craig L

Purchase Details

Closed on
Mar 31, 2003
Sold by
Guaranty Bank & Trust Co
Bought by
Hood Craig L and Prignitz Katheryn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,800
Interest Rate
6.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 31, 2001
Sold by
Contract Exchange Corp
Bought by
Austin E Armstrong Revocable Trust and Guaranty Bank & Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
10.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 24, 2001
Sold by
Contract Exchange Corp
Bought by
Blackwell Rodney H and Blackwell Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
10.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 2, 2001
Sold by
Wil Wal Inc
Bought by
Contract Exchange Corp

Purchase Details

Closed on
Jan 19, 2001
Sold by
Heinze Elizabeth M
Bought by
Wil Wal Inc
Source: Public Records

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Range of Values:

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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
Matthews Kelsey $117,500 None Available
Austin E Armstrong Family Lc -- --
Hood Craig L -- --
Hood Craig L $49,000 --
Austin E Armstrong Revocable Trust -- --
Blackwell Rodney H $47,000 --
Contract Exchange Corp $24,500 --
Wil Wal Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthews Kelsey $87,879
Previous Owner Hood Craig L $41,800
Previous Owner Blackwell Rodney H $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2013 02/20/13 Sold $117,172 +0.9% $134 / Sq Ft
09/12/2012 09/12/12 Pending -- -- --
09/10/2012 09/10/12 For Sale $116,100 -- $133 / 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 $2,586 $141,900 $20,000 $121,900
2022 $2,440 $122,600 $20,000 $102,600
2021 $2,538 $117,800 $20,000 $97,800
2020 $2,538 $115,000 $14,000 $101,000
2019 $2,190 $110,400 $12,000 $98,400
2018 $2,130 $101,600 $12,000 $89,600
2017 $1,838 $86,500 $12,000 $74,500
2016 $1,838 $86,500 $12,000 $74,500
2015 $1,782 $83,704 $12,000 $71,704
2014 $1,782 $45,624 $12,000 $33,624
2013 $950 $45,624 $12,000 $33,624
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1206726

Cedar Rapids Area Association of REALTORS®

APN: 14291-84010-00000