817 7th Ave SW Cedar Rapids, IA 52404
Taylor NeighborhoodEstimated Value: $67,000 - $114,000
2
Beds
1
Bath
1,056
Sq Ft
$86/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Forced Air Heating System
- Level Lot
- Covered patio or porch
- Ceiling Fan
About This Home
As of December 2020INVESTOR OPPORTUNITY! This property has been used for a rental and has a tenant in place who wants to stay! RIO is 7% after taxes and insurance. This home has hardwood floors on the main level with a nice sized living room and formal dining room. The kitchen is a small galley but has an ton of cabinets and door to the backyard. The woodwork is very nice and of the craftsman era. There are two bedrooms and full bath on the upper level but one bedroom was converted and has the laundry facilities in it. There is no garage but plenty of parking on the street and is bordered by an alley. This property is owned by agent.
Home Details
Home Type
- Single Family
Year Built
- Built in 1908
Lot Details
- 2,100 Sq Ft Lot
- Lot Dimensions are 35 x 60
- Level Lot
Parking
- No Garage
Home Design
- Block Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,056 Sq Ft Home
- Ceiling Fan
- Wood Flooring
- Unfinished Basement
- Interior Basement Entry
- Free-Standing Range
- Laundry on upper level
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Covered patio or porch
Schools
- Cedar Rapids Elementary And Middle School
- Cedar Rapids High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- Reed's 2Nd Subdivision
Listing and Financial Details
- Total Actual Rent $500
- Assessor Parcel Number 142940600400000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2020
Closed on
Dec 12, 2020
Sold by
G & M Properties
Bought by
Retzlaff Drake C
Seller's Agent
Michael McDonough
McDonough Real Estate
List Price
$66,000
Sold Price
$51,900
Premium/Discount to List
-$14,100
-21.36%
Total Days on Market
123
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,711
Avg. Annual Appreciation
13.92%
Original Mortgage
$60,000
Outstanding Balance
$54,030
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$39,377
Purchase Details
Closed on
Dec 7, 2008
Sold by
Stover Roy J and Stover Dee Ann
Bought by
G & M Properties
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Retzlaff Drake C | $52,000 | None Available | |
| G & M Properties | $11,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Retzlaff Drake C | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2020 12/15/20 | Sold | $51,900 | +4.0% | $49 / Sq Ft |
| 10/02/2020 10/02/20 | Pending | -- | -- | -- |
| 09/14/2020 09/14/20 | Price Changed | $49,900 | -9.1% | $47 / Sq Ft |
| 08/06/2020 08/06/20 | Price Changed | $54,900 | -8.3% | $52 / Sq Ft |
| 06/29/2020 06/29/20 | Price Changed | $59,900 | -9.2% | $57 / Sq Ft |
| 06/01/2020 06/01/20 | For Sale | $66,000 | -- | $63 / Sq Ft |
Source: Northeast Iowa Regional Board of REALTORS®
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 |
|---|---|---|---|---|
| 2023 | $1,514 | $85,900 | $13,500 | $72,400 |
| 2022 | $1,314 | $80,700 | $11,600 | $69,100 |
| 2021 | $1,480 | $72,400 | $11,600 | $60,800 |
| 2020 | $1,480 | $67,100 | $9,200 | $57,900 |
| 2019 | $1,402 | $67,100 | $9,200 | $57,900 |
| 2018 | $1,362 | $65,000 | $9,200 | $55,800 |
| 2017 | $1,442 | $66,200 | $9,200 | $57,000 |
| 2016 | $1,372 | $64,500 | $9,200 | $55,300 |
| 2015 | $1,432 | $67,316 | $9,188 | $58,128 |
| 2014 | $1,432 | $70,685 | $8,138 | $62,547 |
| 2013 | $1,472 | $70,685 | $8,138 | $62,547 |
Source: Public Records
Agents Affiliated with this Home
-
Michael McDonough
Seller's Agent in 2020
Michael McDonough
McDonough Real Estate
(319) 480-0303
1 in this area
203 Total Sales
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20202593
APN: 14294-06004-00000
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