$61,000
SOLD AUG 9, 2024
2 Beds
1 Bath
1,047 Sq Ft
3,615 Sq Ft Lot

Recently Sold

$58 Per Sq Ft

11% Above List Price

6 Days on Market

About This Home

As of August 2024

Attention Investors!!!! Here is your opportunity to own a piece of Cedar Rapids History. This home belonged to Art "Superman" Pennington until 2016. It features 2 bedrooms and an updated bathroom on the second floor. The main level offers a welcoming living area that flows into the dining room & kitchen. With Attention to some much needed rennovations, this cute home has the potential to become the perfect haven for its new owners.

Last Agent to Sell the Property

Jackie Hallman

SKOGMAN REALTY Listed on: 06/06/2024

SKOGMAN REALTY

Last Buyer's Agent

Tabatha Barnes

SKOGMAN REALTY

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,465

Year Built

  • 1913

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,047 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Additional Features

  • 3,615 Sq Ft Lot
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,465

Year Built

1913

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.0830
  • Above Grade Finished Sq Ft: 1047
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 1465
  • List User Cell Phone: 319-721-9566
  • Net Tax: 1278
  • Other: Repo
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.10909
  • Ratio Close Price By Original Li: 1.10909
  • Ratio Current Price By Sq Ft: 58.26
  • Total Sq Ft: 1047
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1913

Interior Features

  • Basement: Block
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 6

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars
  • Garage Size: 2 car

Utilities

  • Heating Cooling: Gas Heat

Schools

  • Elementary School: Grant Wood
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 3600SF

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Aug 8, 2024
Sold by
First Interstate Bank
Bought by
Wicker Properties Lc
Seller's Agent
Jackie Hallman
SKOGMAN REALTY
Buyer's Agent
Tabatha Barnes
SKOGMAN REALTY
List Price
$55,000
Sold Price
$61,000
Premium/Discount to List
$6,000
10.91%
Total Days on Market
6
Views
40
Current Estimated Value
$81,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,311
Avg. Annual Appreciation
40.23%

Purchase Details

Closed on
May 20, 2016
Sold by
Pennington Arthur and Valencia William
Bought by
Prometheus Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 10, 2000
Sold by
Pham Toan D
Bought by
Pennington Arthur D
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $61,000 None Listed On Document
Warranty Deed -- Attorney
Warranty Deed $23,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $38,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $61,000 +10.9% $58 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $55,000 -- $53 / 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 $1,480 $78,400 $17,400 $61,000
2022 $1,456 $70,200 $19,900 $50,300
2021 $1,382 $70,300 $16,600 $53,700
2020 $1,382 $62,600 $6,600 $56,000
2019 $1,312 $60,900 $6,600 $54,300
2018 $1,552 $60,900 $6,600 $54,300
2017 $1,688 $77,500 $6,600 $70,900
2016 $1,613 $75,900 $5,000 $70,900
2015 $1,428 $74,443 $4,980 $69,463
2014 $1,398 $74,443 $4,980 $69,463
2013 $1,364 $74,443 $4,980 $69,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2403855

Cedar Rapids Area Association of REALTORS®

APN: 14281-76008-00000