NOT LISTED FOR SALE

863 Center Point Rd NE Cedar Rapids, IA 52402

Estimated Value: $101,000 - $118,000

2 Beds
1 Bath
712 Sq Ft
$154/Sq Ft Est. Value

Last Sold April 17, 2018

Last sale price $69,000 $97 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $710/month

51 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Cooling System
  • Living Room
  • Formal Dining Room

About This Home

As of April 2018

This home is a great opportunity for first time buyers or investors. Move in ready, updated kitchen, new lifetime steel roof, solid mechanicals and vinyl siding. Close to 380 and 1st Ave. Off street parking with plenty of room to add a garage on this 140' deep lot. Call now to schedule a showing. Sewer scoped on 2/27/2018. There is no Orangeburg and sewer is clear to the city main.

Last Agent to Sell the Property

Rod Stark

IOWA REALTY Listed on: 01/29/2018

IOWA REALTY

Last Buyer's Agent

Ryan Eighme

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,276

Year Built

  • 1922

Lot Details

  • Lot Dimensions are 40 x 140

Parking

  • Off-Street Parking

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 712 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,276

Year Built

1922

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 712
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 1276
  • List User Cell Phone: 319-721-5835
  • Net Tax: 1276
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.94650
  • Ratio Close Price By Original Li: 0.87452
  • Ratio Current Price By Sq Ft: 96.91
  • Total Sq Ft: 712
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1922

Interior Features

  • Appliances Included: Range, Refrigerator
  • Additional Room: 1st Floor Laundry, Living Room
  • Basement: Block, Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: Off Street Parking

Utilities

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

Schools

  • Elementary School: Garfield
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: 40 X 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2018
Closed on
Apr 13, 2018
Sold by
S & C Investments Lc
Bought by
Bb Properties Llc
Seller's Agent
Rod Stark
IOWA REALTY
Buyer's Agent
Ryan Eighme
Pinnacle Realty LLC
List Price
$78,900
Sold Price
$69,000
Premium/Discount to List
-$9,900
-12.55%
Current Estimated Value
$109,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,478
Avg. Annual Appreciation
6.39%
Original Mortgage
$58,650
Outstanding Balance
$47,346
Interest Rate
4.45%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$62,132

Purchase Details

Closed on
Sep 20, 2005
Sold by
Executive Development Llc
Bought by
Executive Construction Co

Purchase Details

Closed on
Nov 23, 2004
Sold by
West Ridge Inc
Bought by
Houdek Clint G and Mcguire Scott G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,062
Interest Rate
5.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 22, 2004
Sold by
Houdek Clint G and Mcguire Scott G
Bought by
S & C Investments Lc Series I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,062
Interest Rate
5.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 31, 2004
Sold by
West Ridge Inc
Bought by
Houdek Clint G and Mcguire Scott G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,553
Interest Rate
6%
Mortgage Type
Seller Take Back
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
Bb Properties Llc $69,000 None Available
Executive Construction Co $26,500 --
Houdek Clint G $61,000 --
S & C Investments Lc Series I $61,000 --
Houdek Clint G $61,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bb Properties Llc $58,650
Previous Owner Houdek Clint G $176,062
Previous Owner S & C Investments Lc Series I $176,062
Previous Owner Houdek Clint G $52,553
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2018 04/17/18 Sold $69,000 -5.3% $97 / Sq Ft
03/21/2018 03/21/18 Pending -- -- --
02/28/2018 02/28/18 Price Changed $72,900 -7.6% $102 / Sq Ft
01/29/2018 01/29/18 For Sale $78,900 -- $111 / 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 $1,560 $94,800 $20,000 $74,800
2024 $1,626 $88,100 $18,000 $70,100
2023 $1,626 $88,100 $18,000 $70,100
2022 $1,436 $77,100 $17,000 $60,100
2021 $1,532 $69,300 $14,000 $55,300
2020 $1,532 $69,400 $14,000 $55,400
2019 $1,458 $67,600 $14,000 $53,600
2018 $1,416 $67,600 $14,000 $53,600
2017 $1,290 $58,600 $14,000 $44,600
2016 $1,290 $60,700 $14,000 $46,700
2015 $1,328 $62,428 $14,000 $48,428
2014 $1,328 $65,730 $14,000 $51,730
2013 $1,368 $65,730 $14,000 $51,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1800627

Cedar Rapids Area Association of REALTORS®

APN: 14164-53028-00000