Seller's Agent in 2020
Michael McDonough
McDonough Real Estate
(319) 480-0303
1 in this area
203 Total Sales
817 7th Ave SW Cedar Rapids, IA 52404
Taylor NeighborhoodEstimated Value: $74,000 - $114,000
2
Beds
1
Bath
1,056
Sq Ft
$88/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
$41,507
Avg. Annual Appreciation
17.21%
Original Mortgage
$60,000
Outstanding Balance
$54,514
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$49,533
Purchase Details
Closed on
Dec 7, 2008
Sold by
Stover Roy J and Stover Dee Ann
Bought by
G & M Properties
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 |
|---|---|---|---|
| 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
Map
Similar Homes in Cedar Rapids, IA
-
$109,900
- 3 Beds
- 2 Baths
- 1,651 Sq Ft
- 1010 10th St SW
- Cedar Rapids, IA
Incredible value! This charming 3-bedroom, 2-bathroom two-story is perfect for owner-occupants or investors—previously rented for over $1,300/month. The main level features updated LVP flooring, two spacious living areas, a dining room, full bath, and a functional kitchen. Upstairs offers three bedrooms and another full bath. Enjoy a deep backyard, great for entertaining or gardening, plus a
Jeremy Trenkamp Coldwell Banker Hedges Corridor
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20202593
APN: 14294-06004-00000
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.
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.
Nearby Homes
- 817 8th Ave SW
- 806 5th Ave SW
- 715 9th Ave SW
- 826 10th Ave SW
- 832 10th St SW
- 622 10th Ave SW
- 452 8th Ave SW
- 442 5th Ave SW
- 1010 10th St SW
- 1032 3rd Ave SW
- 722 2nd Ave SW
- 435 9th Ave SW
- 407 6th Ave SW
- 403 8th Ave SW
- 520 4th St SW
- 344 6th Ave SW
- 1016 1st Ave NW
- 1107 A Ave NW
- 1116 15th Ave SW
- 210 7th Ave SW