NOT LISTED FOR SALE

937 Center Point Rd NE Cedar Rapids, IA 52402

Estimated Value: $121,000 - $145,454

3 Beds
1 Bath
1,120 Sq Ft
$115/Sq Ft Est. Value

Last Sold November 26, 2018

Last sale price $80,000 $71 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $874/month

83 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Forced Air Cooling System
  • Formal Dining Room

About This Home

As of November 2018

This cute home is a great opportunity for first time buyers, investors or downsizing. Cozy NE 3 bedroom with full basement and quick possession. Welcoming front porch, open living and dining area with original woodwork. Storage room galore in basement and large utility area. *New central air and furnace 2015, new roof on house & garage 2012 and basement recently waterproofed with transferable warranty for life of structure. Parking off alley in front of detached 24 x 24 garage. A lovingly cared for home with long time owner. Close proximity to I380, 29th Street, 32nd Street, Coe College and St. Luke's. Sale is a POA. Property being sold as-is. Assessed value of $98,200. Lead base paint on MLS attachments. School districts per Linn County public school website buyer may verify.

Last Agent to Sell the Property

Jim Willmsen

RE/MAX CONCEPTS Listed on: 07/24/2018

RE/MAX CONCEPTS

Last Buyer's Agent

Bob & Lenchen Raeside

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,830

Year Built

  • 1925

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40 x 140

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Slate

Interior Spaces

  • 1,120 Sq Ft Home
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,830

Year Built

1925

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1300
  • Above Grade Finished Sq Ft: 1120
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 1830
  • List User Cell Phone: 319-981-7653
  • Net Tax: 1830
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.91429
  • Ratio Close Price By Original Li: 0.84211
  • Ratio Current Price By Sq Ft: 71.43
  • Total Sq Ft: 1120
  • Taxable Value Tv: 98200.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Appliances Included: Range, Refrigerator
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Slate

Garage/Parking

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

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

Closed on
Mar 20, 2023
Sold by
Boulder Valley Llc
Bought by
Scottsman Properties Iii Llc
Current Estimated Value
$128,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,022
Outstanding Balance
$48,960
Interest Rate
6.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$79,404

Purchase Details

Listed on
Jul 24, 2018
Closed on
Nov 26, 2018
Sold by
Nebel Joyce M
Bought by
Boulder Valley Llc
Seller's Agent
Jim Willmsen
RE/MAX CONCEPTS
Buyer's Agent
Bob & Lenchen Raeside
Realty87
List Price
$95,000
Sold Price
$80,000
Premium/Discount to List
-$15,000
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$64,000
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Scottsman Properties Iii Llc $101,500 --
Boulder Valley Llc $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scottsman Properties Iii Llc $91,022
Previous Owner Boulder Valley Llc $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2018 11/26/18 Sold $80,000 -8.6% $71 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
09/20/2018 09/20/18 Price Changed $87,500 -2.8% $78 / Sq Ft
08/13/2018 08/13/18 Price Changed $90,000 -5.3% $80 / Sq Ft
07/24/2018 07/24/18 For Sale $95,000 -- $85 / 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 $2,312 $139,000 $20,000 $119,000
2024 $2,342 $130,600 $18,000 $112,600
2023 $2,342 $130,600 $18,000 $112,600
2022 $2,080 $111,000 $17,000 $94,000
2021 $2,228 $100,400 $14,000 $86,400
2020 $2,228 $101,000 $14,000 $87,000
2019 $1,934 $98,200 $14,000 $84,200
2018 $1,876 $98,200 $14,000 $84,200
2017 $1,876 $84,000 $14,000 $70,000
2016 $1,855 $87,300 $14,000 $73,300
2015 $1,915 $90,048 $14,000 $76,048
2014 $1,066 $95,233 $14,000 $81,233
2013 $1,134 $95,233 $14,000 $81,233
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1805280

Cedar Rapids Area Association of REALTORS®

APN: 14164-31022-00000