7408 1st Ave NW Cedar Rapids, IA 52405
Cherry Hill Park NeighborhoodEstimated Value: $409,900 - $432,000
4
Beds
3
Baths
1,907
Sq Ft
$222/Sq Ft
Est. Value
About This Home
This home is located at 7408 1st Ave NW, Cedar Rapids, IA 52405 and is currently estimated at $422,475, approximately $221 per square foot. 7408 1st Ave NW is a home located in Linn County with nearby schools including West Willow Elementary School, Taft Middle School, and Thomas Jefferson High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 30, 2006
Sold by
Midwest Development Co
Bought by
May Richard M and May Audrey M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,900
Outstanding Balance
$166,125
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$222,914
Purchase Details
Closed on
Jan 28, 1998
Sold by
Gormly Walter and Gormly Walter F
Bought by
Troy Kevin R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
May Richard M | $281,500 | None Available | |
Troy Kevin R | -- | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | May Richard M | $267,900 |
Source: Public Records
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 |
---|---|---|---|---|
2024 | $6,344 | $349,000 | $74,100 | $274,900 |
2023 | $6,344 | $359,200 | $74,100 | $285,100 |
2022 | $6,148 | $309,700 | $65,100 | $244,600 |
2021 | $6,154 | $305,700 | $58,300 | $247,400 |
2020 | $6,154 | $287,500 | $58,300 | $229,200 |
2019 | $5,758 | $275,700 | $49,400 | $226,300 |
2018 | $5,596 | $275,700 | $49,400 | $226,300 |
2017 | $5,853 | $275,400 | $49,400 | $226,000 |
2016 | $5,853 | $275,400 | $49,400 | $226,000 |
2015 | $5,733 | $269,399 | $44,880 | $224,519 |
2014 | $5,548 | $259,420 | $44,880 | $214,540 |
2013 | $5,216 | $259,420 | $44,880 | $214,540 |
Source: Public Records
Map
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