NOT LISTED FOR SALE

941 Center Point Rd NE Cedar Rapids, IA 52402

Estimated Value: $92,000 - $131,000

2 Beds
3 Baths
721 Sq Ft
$143/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $122,000 $169 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $700/month

Highlights

  • Newly Remodeled
  • 1 Car Detached Garage
  • Laundry Room
  • Ranch Style House
  • Living Room
  • Central Air

About This Home

As of April 2021

Welcome home to this hard-to-find two-bedroom, one bathroom quaint and clean home. It features new paint, new windows, furnace and newer fixtures. Plus, the bathroom has been updated. Easy accessible one-car garage. This home is great for a growing family or for someone wanting cheap and simple “Iowa” living. The property will be Sold AS-IS and all inspections will be for buyer’s information only. See it today!

Last Listed By

Jeremy Trenkamp

Coldwell Banker Hedges Corridor Listed on: 03/01/2021

Coldwell Banker Hedges Corridor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,562

Year Built

  • Built in 1929 | Newly Remodeled

Lot Details

  • 5,619

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • 721 Sq Ft Home
  • Living Room
  • Combination Kitchen and Dining Room
  • Partial Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Gas
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 141643102300000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,562

Year Built

Built in 1929 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 721
  • Owner Name L F Mi: Parsons
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Photo Code1: Broker Loaded
  • Possible Finance: Cash, Conventional
  • Remarks: This Property Is Listed By Zach Borrett 319-826-5638 Or Zachborrett@Cbhrealty.Com. Please Call Him With Any Questions.
  • Stories Style: Ranch
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior: Cable TV Connections
  • Number Bedrooms Main: 2
  • Sq Ft Above: 721
  • Total Full Baths: 3
  • Laundry Type: Laundry Room
  • Bedrooms: 2
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Basement: Partial
  • Kitchen Level: Main
  • Living Room Level: Main
  • Kitchen / Breakfast: Kit/Dining Rm Comb
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • New Construction: Yes

Garage/Parking

  • Parking: Detached Parking, 1 Car

Utilities

  • Cooling: Central
  • Heating: Gas
  • Internet: Yes
  • Water Sewer: City Sewer, City Water

Condo/Co-op/Association

  • Amenities: Sidewalks, Street Lights

Schools

  • Elementary School: Grant (Cedar Rapids)
  • Middle School: Harding
  • High School: Washington

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Description: Less than .5 Acre
  • Lot Dimensions: Irregular
  • Zoning: res

Tax Info

  • Gross Tax County City: 1408
  • Assessor Parcel Number: 141643102300000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Apr 15, 2021
Sold by
Parsons Alan M
Bought by
Larkwood Properties Llc
Seller's Agent
Jeremy Trenkamp
Coldwell Banker Hedges Corridor
Buyer's Agent
Mitch Price
Urban Acres Real Estate
List Price
$89,000
Sold Price
$122,000
Premium/Discount to List
$33,000
37.08%
Total Days on Market
0
Current Estimated Value
$102,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,236
Avg. Annual Appreciation
-5.21%
Original Mortgage
$64,000
Outstanding Balance
$58,776
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$39,297

Purchase Details

Closed on
Aug 25, 2006
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Parsons Alan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,875
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2006
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,875
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2006
Sold by
Newell Kenneth L
Bought by
Wells Fargo Home Mortgage Inc

Purchase Details

Closed on
Jan 25, 1999
Sold by
Gregor William C and Gregor Christine M
Bought by
Newell Kenneth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,450
Interest Rate
6.76%
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
Larkwood Properties Llc $80,000 None Available
Parsons Alan M -- None Available
Federal Home Loan Mortgage Corporation $61,500 None Available
Wells Fargo Home Mortgage Inc $62,000 None Available
Newell Kenneth L $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larkwood Properties Llc $64,000
Previous Owner Parsons Alan M $4,273
Previous Owner Parsons Alan M $5,000
Previous Owner Parsons Alan M $44,800
Previous Owner Parsons Alan M $49,875
Previous Owner Newell Kenneth L $52,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $122,000 +37.1% $169 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $89,000 -- $123 / Sq Ft
Source: Iowa City 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 $1,562 $85,100 $18,000 $67,100
2022 $1,378 $74,100 $17,000 $57,100
2021 $1,470 $66,500 $14,000 $52,500
2020 $1,470 $66,600 $14,000 $52,600
2019 $1,398 $64,900 $14,000 $50,900
2018 $1,360 $64,900 $14,000 $50,900
2017 $1,360 $56,600 $14,000 $42,600
2016 $1,246 $58,600 $14,000 $44,600
2015 $1,240 $58,320 $14,000 $44,320
2014 $1,240 $61,342 $14,000 $47,342
2013 $1,278 $61,342 $14,000 $47,342
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202101232

Iowa City Area Association of REALTORS®

APN: 14164-31023-00000