893 Center Point Rd NE Cedar Rapids, IA 52402
3
Beds
1
Bath
1,022
Sq Ft
1946
Built
Highlights
- Main Floor Primary Bedroom
- Forced Air Cooling System
- Fenced
- Eat-In Kitchen
About This Home
As of November 2013Solid home that might have good investor possibilities or for an owner occupant to build a little sweat equity. Located near Mt. Mercy University and Coe College could also make this an excellent student rental. The home is in pretty good condition with newer main floor carpet and fresh paint. Furnace new in 2006, fenced yard. Finish the lower level and easily add an additional 300 sq ft. Priced right with quick possession possible. Old garage has been removed but plenty of room to build a 2 stall off the alley.
Home Details
Home Type
- Single Family
Year Built
- 1946
Lot Details
- Lot Dimensions are 40 x 140
- Fenced
Home Design
- Frame Construction
- Aluminum Siding
Interior Spaces
- 1,022 Sq Ft Home
- 1.5-Story Property
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Range
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Parking
- Garage
- Garage Door Opener
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
- Gas Water Heater
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2013
Closed on
Oct 3, 2013
Sold by
Grant Brenda K and Ellis Elizabeth E
Bought by
Willson Property Management Llc
Seller's Agent
Jeremy Wilson
Infiniti Realty
Buyer's Agent
Jeremy Wilson
Infiniti Realty
List Price
$70,000
Sold Price
$70,000
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
$47,398
Avg. Annual Appreciation
4.50%
Original Mortgage
$45,600
Outstanding Balance
$34,875
Interest Rate
4.58%
Mortgage Type
Commercial
Estimated Equity
$82,523
Purchase Details
Closed on
Jun 3, 2005
Sold by
Mcdonald Glenn E
Bought by
Grant Brenda K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Aug 1, 2000
Sold by
Hubbard Debra Jo and Carter Debra Jo
Bought by
Mcdonald Glen E and Mcdonald Susan C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,969
Interest Rate
8.27%
Mortgage Type
FHA
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-
$75,000
- 3 Beds
- 1 Bath
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Investor Alert! This 3-bedroom, 1-bath home is listed well below assessed value—an excellent opportunity for investors, flippers, or those looking to add to their rental portfolio. With plenty of upside, this property is being sold as-is and is ready for your updates and improvements.
Bonnie Tiernan Realty87
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $58,000 | None Available | |
| Warranty Deed | $81,000 | -- | |
| Warranty Deed | $58,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $45,600 | Commercial | |
| Closed | $45,600 | Commercial | |
| Previous Owner | $84,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $58,969 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/04/2013 11/04/13 | Sold | $70,000 | 0.0% | $54 / Sq Ft |
| 10/25/2013 10/25/13 | Pending | -- | -- | -- |
| 10/25/2013 10/25/13 | For Sale | $70,000 | +20.7% | $54 / Sq Ft |
| 10/04/2013 10/04/13 | Sold | $58,000 | -12.0% | $57 / Sq Ft |
| 08/31/2013 08/31/13 | Pending | -- | -- | -- |
| 03/28/2013 03/28/13 | For Sale | $65,900 | -- | $64 / Sq Ft |
Source: Cedar Rapids Area Association 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 | $1,906 | $105,600 | $18,000 | $87,600 |
| 2022 | $1,688 | $90,400 | $17,000 | $73,400 |
| 2021 | $1,752 | $81,500 | $14,000 | $67,500 |
| 2020 | $1,752 | $79,400 | $14,000 | $65,400 |
| 2019 | $1,666 | $77,300 | $14,000 | $63,300 |
| 2018 | $1,620 | $77,300 | $14,000 | $63,300 |
| 2017 | $1,452 | $65,900 | $14,000 | $51,900 |
| 2016 | $1,452 | $68,300 | $14,000 | $54,300 |
| 2015 | $1,452 | $67,900 | $14,000 | $53,900 |
| 2014 | $1,444 | $71,575 | $14,000 | $57,575 |
| 2013 | $1,490 | $71,575 | $14,000 | $57,575 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Baty
Seller's Agent in 2013
Daniel Baty
Realty87
(319) 360-0178
136 Total Sales
-
Jeremy Wilson
J
Seller's Agent in 2013
Jeremy Wilson
Infiniti Realty
(319) 929-5595
22 Total Sales
-
Robert Stiles
Seller Co-Listing Agent in 2013
Robert Stiles
Revolution Realty Team LLC
(319) 210-0338
22 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1302033
APN: 14164-53035-00000
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