new - 4 days on rocket

506 27th Ave SW, Cedar Rapids, IA, 52404

$29,900

Home List Price

$355*

Closing Credit

4 Bedrooms
2 Full Baths
1,756 SqFt
$17/SqFt
House

Location

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506 27th Ave SW, Cedar Rapids$29,900

Buyer Closing Credits

$355*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Garage
Garage2 spaces
Year Built1880
HeatingForced Air
BasementYes
MLS #2407545
Lot Size0.38 Acres
StatusActive

About 506 27th Ave SW

Investment Opportunity! If you're looking for a project, this 4-bedroom, 2-bathroom, two-story home is a diamond in the rough. Priced to sell, this property is uninhabitable in its current condition and needs extensive work. (Had some fire damage in the kitchen and above the kitchen) It sits on a newer poured foundation, detached two-car garage also on a sturdy concrete foundation. The lot is huge/deep, offering plenty of potential for those with vision! This property is being sold as-is, with all existing contents included. Cash offers only. Taking offers until Sunday 11/3 at 3 PM, with responses going out on Monday 11/4. Investors, don't miss out on this rare opportunity! Must sign a hold harmless document prior to entering.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1880
  • Stories: 2
  • Living Area: 1,756 SqFt

Listing Office:

  • Office Name: Urban Acres Real Estate Corridor
  • Office Phone: (800) 746-9464
  • Listing Agent: Chris Campbell

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Dining Area, Separate/Formal Dining Room, Upper Level Primary

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Detached, Garage

Virtual/3D Tour

  • Virtual Tour: 506 27th Ave SW
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.38 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Thomas Jefferson High School, Public District Grades 9-12
  • Wilson Middle School, Public District Grades 6-8
  • Wilson Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $29,900
  • Price Per SqFt: $17/SqFt

Tax Information:

  • Annual Amount: $1,276
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cedar Rapids, IA.

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Cedar Rapids, IA

City

Med. Sold Price

$197.7K

Med. Price/SqFt

$127

Avg. Days On Market

24

# of Sold Homes

150

506 27th Ave SW vs Cedar Rapids

4 DAYS ON ROCKET

-20 Days

$29,900

-$167.8K Less

$17/SqFt

-$111 Less

KEY TAKEAWAY

This property is $167.8K less than the Median Sold Price and $111/SqFt less than other homes in Cedar Rapids, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CDR
  • MLS Number: #2407545

Listing Office:

  • Office Name: Urban Acres Real Estate Corridor
  • Office Phone: (800) 746-9464
  • Listing Agent: Chris Campbell

IDXProvided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' 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 Believed To Be Accurate But Not Guaranteed.
Copyright 2024 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 5:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,276$66,400
2018$1,102$61,300

History based on county public records data.

Payment Calculator

$217

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$156

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1866819
3
/10

  • Wilson Elementary School

  • 254 Outlook Dr SW

  • 0.53 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1866820
5
/10

  • Wilson Middle School

  • 2301 J St SW

  • 0.55 miles

  • Public District Grades 6-8

High School

school-card-donut-1866821
2
/10

  • Thomas Jefferson High School

  • 1243 20th St SW

  • 1.50 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,563. The most common annual income of people living in Cedar Rapids, IA is between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Cedar Rapids, IA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Cedar Rapids, IA.

Cedar Rapids offers a diverse housing market with a blend of architectural styles, including classic ranch, craftsman, and contemporary homes. The housing landscape is primarily composed of single-family homes, which make up a significant portion of the market. There is also a selection of apartments and townhouses available, catering to a range of living preferences. The homeownership rate in Cedar Rapids is robust, with a majority of residents owning their homes, while a smaller percentage are renting.

What is it like to live in Cedar Rapids, IA?

Cedar Rapids is celebrated for its vibrant arts scene and community-oriented atmosphere. The city prides itself on annual events like the Cedar Rapids Freedom Festival, which fosters a sense of community and patriotism. The downtown area is known for its cultural venues and public art installations, contributing to the city's unique character and charm.

Is it easy to get around Cedar Rapids, IA without a car?

The community is served by a comprehensive educational system, including numerous public schools at the elementary, middle, and high school levels, as well as private educational institutions. Cedar Rapids is home to several healthcare facilities offering a range of services from primary care to specialized treatments. The city also features a public library system that supports the educational and informational needs of its residents. Retail and dining options are plentiful, with local establishments reflecting the culinary diversity and culture of the area.

Transportation in Cedar Rapids, IA.

Cedar Rapids provides a variety of transportation options for its residents. The public transit system offers bus services connecting different parts of the city, with schedules designed to accommodate commuters and local travelers. While specific ride-sharing services are available, their names are not mentioned here. The city is also equipped with a network of roads and highways that facilitate easy commuting and travel to neighboring areas. Efforts have been made to enhance the walkability and bikeability in certain districts, promoting a more pedestrian-friendly environment.

Frequently Asked Questions About 506 27th Ave SW

What is the listing price of this property?

The listing price of 506 27th Ave SW property is $29,900.

What type of property is this?

The property 506 27th Ave SW is a house located in Cedar Rapids, Iowa, 52404.

Is this property for sale now?

Active Listing: 506 27th Ave SW is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 506 27th Ave SW are:
Wilson Elementary School: GreatSchools Rating 3/10
Wilson Middle School: GreatSchools Rating 5/10
Thomas Jefferson High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,276 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 506 27th Ave SW has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 506 27th Ave SW is 1,756 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 27th Ave SW is 1880.

Rocket Homes›Iowa›Linn County›Cedar Rapids›52404›506 27th Ave SW

This home is located at 506 27th Ave SW in Cedar Rapids, IA and zip code 52404. This 1,756 square foot home, which was built in 1880, sits on a 0.38 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $29,900.

In October 2024 more than 37 listings in Cedar Rapids, IA were sold above the asking price. During the same period more than 34 listings were sold at asking price, while more than 79 were sold below. The number of listings in Cedar Rapids, IA increased by 0.6% between September 2024 and October 2024. While the average time on the market in October 2024 was 24 days, the median list price was $197,732.

From Rocket Homes Real Estate and based on county public records data.

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