$32,400
SOLD JUL 26, 2017
3 Beds
1 Bath
1,260 Sq Ft
5,401 Sq Ft Lot

Recently Sold

$26 Per Sq Ft

10% Below List Price

14 Days on Market

Highlights

  • 1.5-Story Property
  • 1 Car Detached Garage
  • Family Room
  • Main Floor Primary Bedroom
  • Forced Air Cooling System

About This Home

As of February 2018

Investor Alert! This home still has it's original woodwork and there is 2 good sized bedrooms and a large one on the upper level. This home will make a great home to put your own personal stamp on. HUD Case Number- 161-225884. HUD homes are sold “As Is”. www.chronossolutions.com. All offers are submitted onwww.hudhomestore.com. Please see hudhomestore attachments for disclosures and contract packages. Buyers will not receive a key at closing. Please alert your buyers they will be responsible for rekey after close at their cost. Seller highly recommends a home inspection.Any licensed agent purchasing the property as an investor will not be paid a commission. HUD $100 down program is back for a limited time June 1st -30th, See HUDHomestore for details. Agents – View the Agent Remarks section for showing instructions.

Last Agent to Sell the Property

KATHY EIGHME

FUSION REALTORS Listed on: 06/01/2017

Last Buyer's Agent

Brennan Home Team

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Year Built

  • 1918

Lot Details

  • 5,401 Sq Ft Lot
  • Lot Dimensions are 40 x 135

Parking

  • 1 Car Detached Garage

Home Design

  • 1.5-Story Property
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,260 Sq Ft Home
  • Family Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Year Built

1918

Lot Details

0

Listing Details

  • Style: 1.5 Story, Ranch
  • Acres: 0.1240
  • Above Grade Finished Sq Ft: 1260
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Gross Tax: 1217
  • List User Cell Phone: 319-231-6980
  • Miscellaneous: Screen Porch
  • Net Tax: 1032
  • Other: Repo
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.90000
  • Ratio Close Price By Original Li: 0.90000
  • Ratio Current Price By Sq Ft: 25.71
  • Total Sq Ft: 1260
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1918

Interior Features

  • Additional Room: 1st Floor Family
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 6

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 40 X 135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2017
Closed on
Feb 15, 2018
Sold by
Jet Properties Llc
Bought by
Hennings Brittney and Hennings Michael
Seller's Agent
Brennan Home Team
Keller Williams Legacy Group
Buyer's Agent
Charlie Randell
Realty87
List Price
$83,000
Sold Price
$80,000
Premium/Discount to List
-$3,000
-3.61%
Total Days on Market
14
Current Estimated Value
$124,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,826
Avg. Annual Appreciation
6.17%
Original Mortgage
$72,000
Outstanding Balance
$63,075
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$61,751

Purchase Details

Listed on
Jun 1, 2017
Closed on
Jul 27, 2017
Sold by
Secretary Of Hud
Bought by
Jet Properties Llc
Seller's Agent
KATHY EIGHME
FUSION REALTORS
Buyer's Agent
Brennan Home Team
Keller Williams Legacy Group
List Price
$36,000
Sold Price
$32,400
Premium/Discount to List
-$3,600
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
402.31%
Original Mortgage
$78,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2016
Sold by
Bank Of America Na
Bought by
Secratary Of Hud

Purchase Details

Closed on
Aug 16, 2016
Sold by
Sherriff Of Linn County
Bought by
Bank Of American Na

Purchase Details

Closed on
Jun 13, 2007
Sold by
Skaar Timothy B and Skaar Sandra K
Bought by
Hixson John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,717
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 1997
Sold by
Prochaska Georgina and Malecek John M
Bought by
Skaar Timothy B and Skaar Sandra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,973
Interest Rate
7.65%
Mortgage Type
FHA
Source: Public Records

Similar Home in Cedar Rapids, IA

  • 1623 C Ave NE, Cedar Rapids, IA 52402

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    • 3 Beds
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    This home is not livable. There are holes on the roof. The kitchen is gutted. The garage is torn down. All utilities are off including water. Pls bring flashlights.

    Mike Selling Team GRAF REAL ESTATE, ERA POWERED

    Section Image

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 Type Sale Price Title Company
Warranty Deed $80,000 None Available
Special Warranty Deed -- None Available
Special Warranty Deed -- None Available
Sheriffs Deed $91,095 None Available
Warranty Deed $82,500 None Available
Warranty Deed $51,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $72,000 Adjustable Rate Mortgage/ARM
Previous Owner $78,000 Purchase Money Mortgage
Previous Owner $81,717 Purchase Money Mortgage
Previous Owner $35,000 Credit Line Revolving
Previous Owner $51,973 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2018 02/16/18 Sold $80,000 -3.6% $63 / Sq Ft
01/03/2018 01/03/18 Pending -- -- --
12/07/2017 12/07/17 For Sale $83,000 +156.2% $66 / Sq Ft
07/26/2017 07/26/17 Sold $32,400 -10.0% $26 / Sq Ft
06/15/2017 06/15/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $36,000 -- $29 / 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 $1,718 $101,200 $18,800 $82,400
2022 $1,474 $90,300 $18,800 $71,500
2021 $1,452 $80,100 $15,800 $64,300
2020 $1,452 $74,400 $15,800 $58,600
2019 $1,478 $68,600 $13,900 $54,700
2018 $1,216 $68,600 $13,900 $54,700
2017 $1,217 $57,300 $13,900 $43,400
2016 $1,217 $57,300 $13,900 $43,400
2015 $1,032 $57,314 $13,860 $43,454
2014 $722 $57,314 $13,860 $43,454
2013 $1,008 $57,314 $13,860 $43,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1705998

Cedar Rapids Area Association of REALTORS®

APN: 14223-81032-00000