NOT LISTED FOR SALE

721 Memorial Dr SE Cedar Rapids, IA 52403

Vernon Heights Neighborhood

Estimated Value: $143,828 - $156,000

2 Beds
2 Baths
794 Sq Ft
$187/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $130,000 $164 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $966/month

29 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Central Air
  • Fenced
  • 1 Car Attached Garage

About This Home

As of February 2024

Property Id: 1611867

I am renting the upper part of my house. A one bedroom upstairs. Bathroom and kitchen on main floor. Big back yard. Grill, smoker and fire pit.

Last Agent to Sell the Property

Emily Drinkwater

Realty87 Listed on: 01/02/2024

Realty87

Last Buyer's Agent

Chad Gloede

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,087

Year Built

  • 1942

Lot Details

  • 9,714 Sq Ft Lot
  • Fenced

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 794 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,087

Year Built

1942

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.2230
  • Above Grade Finished Sq Ft: 794
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Gross Tax: 2087
  • List User Cell Phone: 319-350-5748
  • Miscellaneous: Cable Ready, Fencing
  • Net Tax: 1900
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 163.73
  • Total Sq Ft: 794
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1942

Interior Features

  • Appliances Included: Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 4

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

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

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
Feb 28, 2024
Sold by
Lopez Agustin Guzman and Lopez Angela Marie
Bought by
Armstrong Jeffrey H
Seller's Agent
Emily Drinkwater
Realty87
Buyer's Agent
Chad Gloede
RE/MAX CONCEPTS
List Price
$130,000
Sold Price
$130,000
Views
112
Current Estimated Value
$148,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,207
Avg. Annual Appreciation
9.46%
Original Mortgage
$124,000
Outstanding Balance
$122,047
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$26,160

Purchase Details

Listed on
Jul 23, 2012
Closed on
Nov 20, 2012
Sold by
Mullenbach Brian M and Mullenbach Lindsey M
Bought by
Lochmann Guzman Angela Marie
Seller's Agent
Barb Feld
IOWA REALTY
Buyer's Agent
Arlene Heck
RE/MAX CONCEPTS
List Price
$97,500
Sold Price
$90,000
Premium/Discount to List
-$7,500
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.32%
Original Mortgage
$88,369
Interest Rate
3.35%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 23, 2012
Closed on
Nov 16, 2012
Sold by
Lala Caroline K
Bought by
Mullenbach Brian and Mullenbach Lindsey
Seller's Agent
Barb Feld
IOWA REALTY
Buyer's Agent
Arlene Heck
RE/MAX CONCEPTS
List Price
$97,500
Sold Price
$90,000
Premium/Discount to List
-$7,500
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,369
Interest Rate
3.35%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 2008
Sold by
Mcguine Jason Patrick and Mcguine Jennifer Rae
Bought by
Mullenbach Brian M and Mullenbach Lindsey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,500
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2004
Sold by
Colbeck Donna M
Bought by
Wachendorf Jennifer Rae and Mcguine Jason Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,900
Interest Rate
6.5%
Mortgage Type
Unknown
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
Armstrong Jeffrey H $130,000 None Listed On Document
Lochmann Guzman Angela Marie $90,000 None Available
Mullenbach Brian $240,000 None Available
Mullenbach Brian M $90,000 None Available
Wachendorf Jennifer Rae $79,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong Jeffrey H $124,000
Previous Owner Guzman Angela Marie Lochmann $95,136
Previous Owner Lochmann Guzman Angela Marie $88,369
Previous Owner Mullenbach Brian $176,120
Previous Owner Mullenbach Brian M $67,387
Previous Owner Mullenbach Brian M $70,500
Previous Owner Mcguine Jennifer R $14,861
Previous Owner Mcguine Jason Patrick $13,805
Previous Owner Wachendorf Jennifer Rae $79,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2024 09/28/24 For Rent $500 0.0% --
02/29/2024 02/29/24 Sold $130,000 0.0% $164 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/22/2024 01/22/24 For Sale $130,000 0.0% $164 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $130,000 +44.4% $164 / Sq Ft
11/28/2012 11/28/12 Sold $90,000 -7.7% $113 / Sq Ft
10/25/2012 10/25/12 Pending -- -- --
07/23/2012 07/23/12 For Sale $97,500 -- $123 / 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 $1,900 $112,000 $28,600 $83,400
2022 $1,714 $99,000 $28,600 $70,400
2021 $1,730 $91,700 $25,800 $65,900
2020 $1,730 $87,000 $21,800 $65,200
2019 $1,630 $84,100 $21,800 $62,300
2018 $1,580 $84,100 $21,800 $62,300
2017 $1,696 $79,800 $21,800 $58,000
2016 $1,696 $79,800 $21,800 $58,000
2015 $1,658 $77,878 $21,756 $56,122
2014 $1,658 $82,135 $27,195 $54,940
2013 $1,710 $82,135 $27,195 $54,940
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Emily Drinkwater

    Realty87

    (319) 350-5748

    1 in this area

    46 Total Sales

    Section Image
  • Chad Gloede

    Buyer's Agent in 2024

    Chad Gloede

    RE/MAX

    (319) 573-0697

    4 in this area

    344 Total Sales

    Section Image

  • B

    Seller's Agent in 2012

    Barb Feld

    IOWA REALTY

    (319) 378-6639

    13 Total Sales

    Section Image
  • Arlene Heck

    Buyer's Agent in 2012

    Arlene Heck

    RE/MAX

    (319) 389-5544

    2 in this area

    106 Total Sales

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2400011

Cedar Rapids Area Association of REALTORS®

APN: 14233-79047-00000

Iowa Linn County Cedar Rapids 52403 Vernon Heights

721 Memorial Dr SE, Cedar Rapids, IA

This home is located at 721 Memorial Dr SE, Cedar Rapids, IA 52403 since 02 January 2024 and is currently estimated at $148,207, approximately $186 per square foot. This property was built in 1942. 721 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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