NOT LISTED FOR SALE

8505 E Ave NW Cedar Rapids, IA 52405

Estimated Value: $402,000 - $581,808

3 Beds
3 Baths
2,422 Sq Ft
$209/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $387,515 $160 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,079/month

8 Days on Market

Highlights

  • 16.4 Acre Lot
  • Ranch Style House
  • 2 Car Attached Garage
  • Wood Burning Stove
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of November 2019

This Is a nice rural Linn County acreage located just west of Cedar Rapids off of the Highway 100 interchange on a hard
surface road. The house was built around 1985 and consists of 2,422 finished square feet. It includes 2 bedrooms and 3 bathrooms. There is an additional non-conforming third bedroom without a closet. The home has a large living room and dining room area. There
are 3 acres of cropland and 4 acres enrolled in the CRP program. There are many beautiful trees planted on this property with
Morgan Creek crossing through the east portion. This would be an ideal property for anyone wanting to live in the country yet
be only minutes from Cedar Rapids.

Last Agent to Sell the Property

Troy Louwagie

HERTZ REAL ESTATE SERVICE Listed on: 07/08/2019

Last Buyer's Agent

Jessie Arp

SKOGMAN REALTY

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,878

Year Built

  • 1985

Lot Details

  • 16.4

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 2,422 Sq Ft Home
  • Wood Burning Stove
  • Family Room
  • Living Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Cooling System
  • Heating System Uses Propane
  • Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic System

Additional Features

  • Storage Shed
  • 16.4 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,878

Year Built

1985

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 16.4000
  • Above Grade Finished Sq Ft: 2422
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 2878
  • List User Cell Phone: 319-721-4068
  • Miscellaneous: Storage Shed
  • Net Tax: 2878
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97000
  • Ratio Close Price By Original Li: 0.97000
  • Ratio Current Price By Sq Ft: 160.00
  • Total Sq Ft: 2422
  • Water Sewer Roads: Septic System, Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Appliances Included: Dishwasher, Dryer, Garage Door Opener, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Family, 1st Floor Laundry, 3 Seasons, Living Room
  • Basement: Slab
  • Full Bathrooms: 3
  • Bedrooms Level 1: 3
  • Fireplace Features: Wood Burning Stove
  • Level 1 Full Bathrooms: 3
  • Master Bedroom Level: Level 1
  • Room Count: 12

Exterior Features

  • Construction Methods: Frame
  • Exterior: Steel

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 24X24

Utilities

  • Heating Cooling: Central Air, Forced Air, Lp Heat

Schools

  • Elementary School: Coolidge
  • Middle School: Taft
  • High School: Jefferson

Lot Info

  • Lot Size: 16.4 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Nov 1, 2019
Sold by
Blom C Russell C and Blom Judy E
Bought by
Arp Andrew A and Arp Jessie J
Seller's Agent
Troy Louwagie
HERTZ REAL ESTATE SERVICE
Buyer's Agent
Jessie Arp
SKOGMAN REALTY
List Price
$399,500
Sold Price
$387,515
Premium/Discount to List
-$11,985
-3%
Current Estimated Value
$505,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,187
Avg. Annual Appreciation
4.60%
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 Buyer Sale Price Title Company
Arp Andrew A $388,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2019 11/01/19 Sold $387,515 -3.0% $160 / Sq Ft
07/16/2019 07/16/19 Pending -- -- --
07/08/2019 07/08/19 For Sale $399,500 -- $165 / 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
2025 $4,770 $466,400 $127,500 $338,900
2024 $4,740 $423,500 $127,500 $296,000
2023 $4,740 $423,500 $127,500 $296,000
2022 $4,674 $346,700 $127,500 $219,200
2021 $3,270 $346,700 $127,500 $219,200
2020 $3,270 $216,600 $22,100 $194,500
2019 $2,952 $211,500 $30,500 $181,000
2018 $2,878 $211,500 $30,500 $181,000
2017 $2,881 $203,000 $33,300 $169,700
2016 $2,881 $203,800 $34,100 $169,700
2015 $2,899 $205,500 $33,900 $171,600
2014 $2,730 $205,500 $33,900 $171,600
2013 $2,672 $205,500 $33,900 $171,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1905050

Cedar Rapids Area Association of REALTORS®

APN: 13281-26001-00000