$173,000
SOLD DEC 13, 2024
3 Beds
2 Baths
832 Sq Ft
8,494 Sq Ft Lot

Recently Sold

$208 Per Sq Ft

6% Below List Price

37 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • 2 Car Garage

About This Home

As of December 2024

Welcome to 723 Gateway St NE, where comfort meets convenience in the heart of Cedar Rapids. This charming ranch-style home has so much to offer including a recently updated furnace, water heater, and electrical system that ensure this home is not only cozy but also efficient and ready for years of low-maintenance living. The kitchen, has been updated and, boasts sleek modern appliances that will inspire your inner chef. Need storage or a workspace? The huge two-car garage offers plenty of room for your vehicles and more, providing ample space for hobbies, tools, or extra storage. Build instant equity! The opportunity is grand to make this house your own with the unfinished basement that has freshly hung drywall that is waiting for mud and tape. Don't miss the moment set your showing today!

Last Agent to Sell the Property

Jerome Edwards

Pinnacle Realty LLC Listed on: 10/08/2024

Pinnacle Realty LLC

Last Buyer's Agent

Andrew Stewart

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,538

Year Built

  • Built in 1956

Lot Details

  • 8,494 Sq Ft Lot

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 140342900600000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,538

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 0.195
  • NAV29_Unit_1_Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Co List Office Phone: 319-393-0900
  • MLS Status: Closed
  • Directions: On Gateway St NE, CR
  • Above Grade Finished Sq Ft: 832.0
  • Architectural Style: Ranch
  • New Construction: No
  • Year Built: 1956
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Construction Type: Frame, Steel

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Garage, Off Street, Garage Door Opener

Utilities

  • Utilities: Cable Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

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

Lot Info

  • Lot Dimensions: .195 Acre
  • ResoLotSizeUnits: Acres
  • Parcel Number: 140342900600000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2538.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2024
Closed on
Dec 18, 2024
Sold by
Fulton Gunnar Eugene and Fulton Caitlyn
Bought by
Westcott Cody J
Seller's Agent
Jerome Edwards
Pinnacle Realty LLC
Buyer's Agent
Andrew Stewart
RE/MAX CONCEPTS
List Price
$185,000
Sold Price
$173,000
Premium/Discount to List
-$12,000
-6.49%
Views
57
Current Estimated Value
$171,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,853
Avg. Annual Appreciation
-2.54%
Original Mortgage
$8,650
Outstanding Balance
$8,628
Interest Rate
6.79%
Estimated Equity
$162,033

Purchase Details

Closed on
Sep 16, 2020
Sold by
Brown Christopher
Bought by
Fulton Gunnar Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,224
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 2017
Sold by
Elliott Shaun R and Elliott Jennifer L
Bought by
Brown Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,315
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 8, 2002
Sold by
Wink Marianne E and Wink Marianne Elizabeth
Bought by
Elliott Shaun R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,750
Interest Rate
7.11%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $173,000 None Listed On Document
Warranty Deed $98,000 None Available
Warranty Deed $156,000 Nazette Randall A
Warranty Deed $93,000 None Available
Warranty Deed $95,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,650 No Value Available
Open $164,350 New Conventional
Previous Owner $20,000 New Conventional
Previous Owner $96,224 FHA
Previous Owner $91,315 FHA
Previous Owner $99,200 Unknown
Previous Owner $20,252 Unknown
Previous Owner $94,750 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $173,000 -3.9% $208 / Sq Ft
11/14/2024 11/14/24 Pending -- -- --
10/16/2024 10/16/24 Price Changed $180,000 -2.7% $216 / Sq Ft
10/08/2024 10/08/24 For Sale $185,000 -- $222 / 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 $2,582 $143,400 $30,500 $112,900
2022 $2,418 $122,400 $30,500 $91,900
2021 $2,342 $116,700 $25,700 $91,000
2020 $2,342 $114,700 $25,700 $89,000
2019 $2,104 $114,700 $25,700 $89,000
2018 $2,042 $106,100 $25,700 $80,400
2017 $2,190 $103,000 $25,700 $77,300
2016 $2,190 $103,000 $25,700 $77,300
2015 $2,206 $103,658 $32,067 $71,591
2014 $2,206 $103,658 $32,067 $71,591
2013 $2,158 $103,658 $32,067 $71,591
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2407013

Cedar Rapids Area Association of REALTORS®

APN: 14034-29006-00000