NOT LISTED FOR SALE

1056 5th Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $272,220

Studio
-- Bath
9,525 Sq Ft
$29/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $235,000 $25 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,582/month

29 Days on Market

Highlights

  • Deck
  • Fenced
  • 2-minute walk to Wellington Park
  • Hot Water Heating System

About This Home

As of September 2021

*Sale must include 4 additional parcels: 1. 425 12th St SE (14223-33002-00000) (Parking lot behind 1054 5th Ave). 2. 421 12th St SE (14223-33003-00000) (Single Family) 3. 417 12th St SE (14223-33004-00000) (Duplex) 4. 415 12th St SE (14223-33005-00000) (Duplex).

All properties sold as one package. All are sold As-Is. Profit and Loss sheets available upon request.

Last Agent to Sell the Property

Logan Schultz

Realty87 Listed on: 06/18/2021

Co-Listed By

Taylor Bergen

Realty87

Last Buyer's Agent

Logan Schultz

Realty87 Listed on: 06/18/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Home Design

  • 9,525 Sq Ft Home
  • Brick Exterior Construction
  • Frame Construction
  • Aluminum Siding
  • Masonry
  • Vinyl Construction Material

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters

Additional Features

  • Laundry in unit
  • Deck
  • Fenced

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0 Sq Ft Lot

Listing Details

  • City Name: Cedar Rapids
  • Gross Tax: 7236
  • List User Cell Phone: 319-550-1444
  • Miscellaneous: Basement, Common Laundry-Owned, Deck/Patio, Fencing, Parking Spaces, Rent Permit, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water, Unit Laundry
  • Net Tax: 7236
  • Noof Units Four Bedroom: 1
  • Noof Units One Bedroom: 1
  • Noof Units Three Bedroom: 2
  • Noof Units Two Bedroom: 3
  • Property Sub Types: 5+ Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.84229
  • Ratio Close Price By Original Li: 0.84229
  • Ratio Current Price By Sq Ft: 24.67
  • Total Sq Ft: 9525
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Remarks
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Exterior Features

  • Construction Methods: Frame, Masonry Frm
  • Exterior: Aluminum, Brick, Vinyl

Utilities

  • Heating Cooling: Gas Heat, Hot Water Heat

Lot Info

  • Lot Size: Irregular

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2021 09/29/21 Sold $235,000 -15.8% $25 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $279,000 -- $29 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

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
2025 $1,992 $226,100 $5,300 $220,800
2024 $1,760 $202,500 $5,300 $197,200
2023 $1,760 $112,600 $5,300 $107,300
2022 $1,499 $83,500 $5,300 $78,200
2021 $3,938 $126,600 $5,300 $121,300
2020 $3,938 $127,800 $5,300 $122,500
2019 $4,506 $141,550 $2,650 $138,900
2018 $4,584 $141,550 $2,650 $138,900
2017 $3,738 $110,650 $2,650 $108,000
2016 $3,816 $110,650 $2,650 $108,000
2015 $3,892 $113,276 $5,250 $108,026
2014 $3,892 $113,276 $5,250 $108,026
2013 $4,120 $113,276 $5,250 $108,026
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Logan Schultz

    Realty87

  • T

    Seller Co-Listing Agent in 2021

    Taylor Bergen

    Realty87

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2104139

Cedar Rapids Area Association of REALTORS®

APN: 14223-33001-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1056 5th Ave SE, Cedar Rapids, IA

Not Listed for Sale

MultiFamily

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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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