NOT LISTED FOR SALE

948 M St SW Cedar Rapids, IA 52404

Taylor Neighborhood

Estimated Value: $71,000 - $97,051

3 Beds
1 Bath
976 Sq Ft
$85/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $52,000 $53 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $534/month

31 Days on Market

About This Home

As of June 2022

Investor Alert! This home is ready for some TLC and would make a great first time home for buyers willing to put forth the elbow grease or those who would like an investment property to fix up. When viewing the garage please do not go into the attic area. This home is being sold AS IS and has been winterized. Home most likely will not qualify for a traditional conventional financing.

Last Agent to Sell the Property

Laura Merchan

SKOGMAN REALTY Listed on: 01/17/2022

SKOGMAN REALTY

Last Buyer's Agent

Adam Stradt

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $892

Year Built

  • 1905

Lot Details

  • 3,398 Sq Ft Lot
  • Lot Dimensions are 26x127

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 976 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

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

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Utilities

  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$892

Year Built

1905

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.0780
  • Above Grade Finished Sq Ft: 976
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Gross Tax: 892
  • List User Cell Phone: 319-551-8900
  • Net Tax: 892
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.77612
  • Ratio Close Price By Original Li: 0.77612
  • Ratio Current Price By Sq Ft: 53.28
  • Total Sq Ft: 976
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1905

Interior Features

  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 2: 3
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 6

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl, Wood

Garage/Parking

  • Garage/Parking: 1 Car, Detached, Off Street Parking
  • Garage Size: 18x24

Utilities

  • Heating Cooling: Gas Heat

Schools

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

Lot Info

  • Lot Size: 26x127

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2022
Closed on
Jun 6, 2022
Sold by
Tak Properties Inc
Bought by
D Taggart Holdings Inc
Seller's Agent
Laura Merchan
SKOGMAN REALTY
Buyer's Agent
Adam Stradt
RE/MAX CONCEPTS
List Price
$67,000
Sold Price
$52,000
Premium/Discount to List
-$15,000
-22.39%
Current Estimated Value
$82,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,513
Avg. Annual Appreciation
12.19%
Original Mortgage
$56,000
Outstanding Balance
$52,594
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$22,638
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
D Taggart Holdings Inc $70,000 Oshea & Oshea Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open D Taggart Holdings Inc $56,000
Closed D Taggart Holdings Inc $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2022 06/06/22 Sold $52,000 -22.4% $53 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $67,000 -- $69 / 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 $1,008 $51,800 $16,300 $35,500
2022 $940 $47,800 $13,600 $34,200
2021 $892 $45,400 $13,600 $31,800
2020 $892 $40,400 $12,200 $28,200
2019 $850 $39,400 $12,200 $27,200
2018 $826 $39,400 $12,200 $27,200
2017 $736 $36,000 $12,200 $23,800
2016 $736 $34,600 $10,400 $24,200
2015 $968 $45,480 $10,406 $35,074
2014 $968 $46,912 $10,406 $36,506
2013 $976 $46,912 $10,406 $36,506
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Laura Merchan

    SKOGMAN REALTY

    (319) 551-8900

    9 in this area

    95 Total Sales

    Section Image

  • A

    Buyer's Agent in 2022

    Adam Stradt

    RE/MAX

    (319) 573-9668

    12 in this area

    63 Total Sales

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2200250

Cedar Rapids Area Association of REALTORS®

APN: 14283-51010-00000

Iowa Linn County Cedar Rapids 52404 Taylor

948 M St SW, Cedar Rapids, IA

This home is located at 948 M St SW, Cedar Rapids, IA 52404 since 17 January 2022 and is currently estimated at $82,513, approximately $84 per square foot. This property was built in 1905. 948 M St SW is a home located in Linn County with nearby schools including Cedar River Academy at Taylor Elementary School, Wilson Middle School, and Thomas Jefferson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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