NOT LISTED FOR SALE

Estimated Value: $111,000 - $126,768

3 Beds
1 Bath
1,260 Sq Ft
$95/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $67,000 $53 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $800/month

15 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Forced Air Cooling System
  • Fenced
  • Formal Dining Room
  • Patio
  • Storage Shed

About This Home

As of May 2014

Great investment or starter home. Open railings from stairs and 2nd level balcony that allows lots of light to brighten the rooms. Very unique design. Updated kitchen and bath as well. ALL HUD PROPERTIES ARE SOLD AS IS. PLEASE VISIT WWW.MMREM.COM AND WWW.HUDHOMESTORE.COM FOR MORE INFORMATION. THIS IS AN EXCLUSIVE AGENCY LISTING. Case # 161-206161

Last Listed By

Penny Novak

SKOGMAN REALTY Listed on: 03/12/2014

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,298

Year Built

  • 1905

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 140
  • Fenced

Home Design

  • Frame Construction

Interior Spaces

  • 1,260 Sq Ft Home
  • 1.5-Story Property
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,298

Year Built

1905

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.1100
  • Above Grade Finished Sq Ft: 1260
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 1298
  • List User Cell Phone: 319-981-3484
  • Miscellaneous: Fencing, Patio, Storage Shed
  • Net Tax: 1298
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97810
  • Ratio Close Price By Original Li: 0.97810
  • Ratio Current Price By Sq Ft: 53.17
  • Total Sq Ft: 1260
  • Taxable Value Tv: 73363.00
  • Tax Roll Number: 142941300700000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1905

Interior Features

  • Appliances Included: Dishwasher, Range, Refrigerator, Water Heater – Gas
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 6

Exterior Features

  • Construction Methods: Frame
  • Exterior: Composite

Utilities

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

Schools

  • Elementary School: Taylor
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: 40 X 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2014
Closed on
May 15, 2014
Sold by
Secretary Of Hud
Bought by
Scherrer Jennifer Rose
Seller's Agent
Penny Novak
SKOGMAN REALTY
Buyer's Agent
Corey Hagerman
SKOGMAN REALTY
List Price
$68,500
Sold Price
$67,000
Premium/Discount to List
-$1,500
-2.19%
Total Days on Market
15
Current Estimated Value
$120,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,192
Avg. Annual Appreciation
5.47%
Original Mortgage
$61,029
Outstanding Balance
$47,197
Interest Rate
4.34%
Mortgage Type
FHA
Estimated Equity
$72,995

Purchase Details

Closed on
Jan 6, 2014
Sold by
Bank Of America Na
Bought by
Secretary Of Hud

Purchase Details

Closed on
Nov 14, 2013
Sold by
Patten Jessica L
Bought by
Bank Of America Na

Purchase Details

Closed on
Aug 19, 2003
Sold by
Kayser Scott L and Kayser Roberta M
Bought by
Patten Jessica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,348
Interest Rate
5.62%
Mortgage Type
FHA

Range of Values:

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Average Value
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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
Scherrer Jennifer Rose -- None Available
Secretary Of Hud -- None Available
Bank Of America Na $105,599 None Available
Patten Jessica L $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherrer Jennifer R $1,420
Open Scherrer Jennifer R $3,841
Open Scherrer Jennifer R $10,616
Closed Scherrer Jennifer Rose $9,100
Open Scherrer Jennifer Rose $61,029
Previous Owner Patten Jessica L $20,000
Previous Owner Patten Jessica L $82,348
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2014 05/15/14 Sold $67,000 -2.2% $53 / Sq Ft
03/27/2014 03/27/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $68,500 -- $54 / 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
2023 $1,568 $94,500 $23,100 $71,400
2022 $1,328 $83,200 $20,000 $63,200
2021 $1,328 $73,100 $20,000 $53,100
2020 $1,328 $68,800 $15,800 $53,000
2019 $1,256 $66,800 $15,800 $51,000
2018 $1,218 $66,800 $15,800 $51,000
2017 $1,489 $60,900 $15,800 $45,100
2016 $1,489 $70,100 $15,800 $54,300
2015 $1,549 $72,844 $15,750 $57,094
2014 $1,364 $73,363 $15,000 $58,363
2013 $1,342 $73,363 $15,000 $58,363
Source: Public Records

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Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1401535

Cedar Rapids Area Association of REALTORS®

APN: 14294-13007-00000