716 16th St SE, Cedar Rapids, IA, 52403

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

716 16th St SE, Cedar Rapids$122,500

Buyer Closing Credits

$1,455^*

1.25% Loan Amount

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingDetached, Garage, Off Street, On Street

Garage1 space

Year Built1910

HeatingForced Air

CoolingWall/Window Unit(s)

BasementYes

MLS #2402511

StatusActive

About 716 16th St SE

Come see this 1,312 sq ft home features three bedrooms and two bathrooms, including a convenient first-floor bedroom with an attached bath. Highlights include a formal dining room, Detached 1 stall garage. Located near schools and the down town area. Ideal for those seeking historical charm paired with modern comforts. Taxes: $1,180/year. Immediate possession available upon closing.

View More

Property Details

Property Features

Property Information:

• Architectural Style: Two Story
• Year Built: 1910
• Stories: 2
• Living Area: 1,312 SqFt

Listing Office:

• Office Name: Pinnacle Realty LLC
• Office Phone: (319) 393-0900
• Listing Agent: Z Maryland

Interior Features

Interior Information:

• Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer
• Basement: Yes
• Interior: Dining Area, Separate/Formal Dining Room, Bath in Primary Bedroom, Main Level Primary

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Parking Information:

• Garage Space: 1 space
• Parking: Detached, Garage, Off Street, On Street

Virtual/3D Tour

• Virtual Tour: 716 16th St SE

Virtual Tour

Utilities

Utilities Information:

• Heating: Forced Air
• Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

• George Washington High School, Public District Grades 9-12
• McKinley Middle School, Public District Grades 6-8
• Johnson Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

• List Price: $122,500
• Price Per SqFt: $93/SqFt

Tax Information:

• Annual Amount: $1,286
• Tax Year: 2020

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

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

Cedar Rapids, IA

City

Med. Sold Price

$188.2K

Med. Price/SqFt

$123

Avg. Days On Market

38

# of Sold Homes

138

716 16th St SE vs Cedar Rapids

15 DAYS ON ROCKET

-23 Days

$122,500

-$65.7K Less

$93/SqFt

-$30 Less

KEY TAKEAWAY

This property is $65.7K less than the Median Sold Price and $30/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: #2402511

Listing Office:

• Office Name: Pinnacle Realty LLC
• Office Phone: (319) 393-0900
• Listing Agent: Z Maryland

Provided 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: 4/29/2024, 1:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Jan 12, 2021	Jan 12, 2021Home Sold	$26,000
Sep 10, 2020	Sep 10, 2020Home Sold	$16,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$1,286	$58,300
2018	$1,479	$52,700

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$679

Per Month

Principal & Interest

$612

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$434

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Iowa›Linn County›Cedar Rapids›52403›716 16th St SE

This home is located at 716 16th St SE in Cedar Rapids, IA and zip code 52403 in the Wellington Heights neighborhood. This 1,312 square foot home was built in 1910. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 14, 2024 and is currently priced at $122,500.

In March 2024, from all listings sold in Cedar Rapids, IA there were more than 26 sold above asking price, over 74 sold below and more than 38 were sold right at the asked price. Between February 2024 and March 2024, Cedar Rapids, IA real estate market has seen increase in the number of listings by 9%. Listings spent 38 days on the market in March 2024, and had a median list price of $188,207 during the same period.

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