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5507 1st Ave SW, Cedar Rapids, IA, 52405

$214,900

Home List Price

$2,552*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
1,429 SqFt
$150/SqFt
House
Schools Nearby

Location

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5507 1st Ave SW, Cedar Rapids$214,900

Buyer Closing Credits

$2,552*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Garage Door Opener
Garage2 spaces
Year Built1967
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #2400397
Lot Size0.20 Acres
StatusActive

About 5507 1st Ave SW

Introducing this charming Ranch-style home that combines comfort and functionality. Boasting 4 bedrooms and 1.5 bathrooms, this residence offers a cozy and inviting atmosphere. The 925 finished sq ft above ground provide ample living space, with a well-designed layout. Step into a warm and welcoming living area that is perfect for both relaxation and entertainment. The kitchen and dining room has an open feel and flow to it featuring plenty of cabinet space and newer appliances including a brand new Refrigerator and dish washer. The French door going out to the back patio lends itself to plenty of natural light and an entertaining atmosphere. This home features 504 finished Sq Ft below ground, offering additional flexibility with a large family room/rec room plus an additional bedroom space. The 2-car attached garage provides the space for all of your vehicles. Live with an ease of mind that you have a newer roof (2021) and newer furnace and A/C (2021 both). Additionally, the fenced-in backyard offers privacy and security for any and all outdoor activities. Embrace the charm and convenience of this property, making it the perfect place to call home.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1967
  • Living Area: 1,429 SqFt

Listing Office:

  • Office Name: Century 21 Signature Real Estate
  • Office Phone: (515) 639-9787
  • Listing Agent: Nick Polum

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator
  • Basement: Yes
  • Interior: Kitchen/Dining Combo, Main Level Primary

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Attached, Garage, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 5507 1st Ave SW

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Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Thomas Jefferson High School, Public District Grades 9-12
  • Taft Middle School, Public District Grades 6-8
  • Coolidge Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $214,900
  • Price Per SqFt: $150/SqFt

Tax Information:

  • Annual Amount: $2,694
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$188.2K

Med. Price/SqFt

$123

Avg. Days On Market

38

# of Sold Homes

138

5507 1st Ave SW vs Cedar Rapids

99 DAYS ON ROCKET

+61 Days

$214,900

+$26.6K More

$150/SqFt

+$27 More

KEY TAKEAWAY

This property is $26.6K more than the Median Sold Price and $27/SqFt more 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: #2400397

Listing Office:

  • Office Name: Century 21 Signature Real Estate
  • Office Phone: (515) 639-9787
  • Listing Agent: Nick Polum

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: 4/27/2024, 3:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 31, 2016Home Sold
$126,000
Aug 07, 2007Home Sold
$127,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,694$130,700
2018$2,446$125,400

History based on county public records data.

Payment Calculator

$1,140

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$711

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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-1364028
3
/10
  • Coolidge Elementary School

  • 6225 1st Ave SW

  • 0.51 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1364029
5
/10
  • Taft Middle School

  • 5200 E Ave NW

  • 0.81 miles

  • Public District Grades 6-8

High School

school-card-donut-1364030
2
/10
  • Thomas Jefferson High School

  • 1243 20th St SW

  • 2.28 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,770. The most common annual income of people living in Cedar Rapids, IA is less than $35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5507 1st Ave SW

What is the listing price of this property?

The listing price of 5507 1st Ave SW property is $214,900.

What type of property is this?

The property 5507 1st Ave SW is a house located in Cedar Rapids, Iowa, 52405.

Is this property for sale now?

Active Listing: 5507 1st 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 5507 1st Ave SW are:
Coolidge Elementary School: GreatSchools Rating 3/10
Taft 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 $2,694 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 31, 2016 for $126,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5507 1st Ave SW has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5507 1st Ave SW is 1,429 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5507 1st Ave SW is 1967.

Rocket Homes›Iowa›Linn County›Cedar Rapids›52405›5507 1st Ave SW

This home is located at 5507 1st Ave SW in Cedar Rapids, IA and zip code 52405 in the Cedar Hills neighborhood. This 1,429 square foot home, which was built in 1967, sits on a 0.20 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 19, 2024 and is currently priced at $214,900.

Cedar Rapids, IA housing market in March 2024 saw over 26 listings sold above listed price, more than 38 sold at listed price and over 74 sold below. The number of homes for sale in Cedar Rapids, IA increased by 9% between February 2024 and March 2024. While the average time on the market in March 2024 was 38 days, the median list price was $188,207.

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

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