NOT LISTED FOR SALE

111 Knisel St Riverside, IA 52327

8 Beds
4 Baths
2,912 Sq Ft
0.6 Acres

Last Sold December 23, 2021

Last sale price $300,000 $103 Per Sq Ft

51 Days on Market

About This Home

As of December 2021

Windows replaced, new paint, new LVP flooring in unit 3, new carpet in hallway, new appliances in most units. Snow - $100/yr, lawn care - $200/month, water - $75/month. 12x16 shed with upper storage and lights. 3 newer water heaters, 3 newer refrigerators, four newer range/ovens. New gutters and steel roof. Drain tile was installed on the backside of the building to prevent heavy runoff into the building. Unit 1, 3, and 4 have leases ending on July 31st, 2022. There is additional gravel on-site to extend the parking area. Eight parking spaces - two per unit - are available for tenants. $70/month for dumpster through Johnson County Refuse. Mailbox or PO Box available for tenants. No pets are allowed in units.

***Two additional buildings can be built and added to the lot with a paved parking lot area.

Last Agent to Sell the Property

Nicholas Gulick

Keller Williams Legacy Group Listed on: 10/13/2021

Keller Williams Legacy Group

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,170

Year Built

  • 1979

Lot Details

  • 0.6 Acre Lot

Parking

  • 8 Parking Spaces

Home Design

  • 2,912 Sq Ft Home
  • Frame Construction

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Separate Meters

Community Details

  • Gross Income $31,500
  • Net Operating Income $28,092

Listing and Financial Details

  • Tenant pays for water, electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,170

Year Built

1979

Lot Details

0

Listing Details

  • Acres: 0.6000
  • City Name: Riverside
  • Expense Info: Owner Provided
  • Gross Tax: 3170
  • List User Cell Phone: 319-621-9795
  • Miscellaneous: Parking Spaces, Sep. Meter – Electric, Sep. Meter – Water
  • Net Tax: 3170
  • Noof Units Two Bedroom: 4
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 103.02
  • Total Sq Ft: 2912
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Water, Electricity
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Multi
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1979

Exterior Features

  • Construction Methods: Frame
  • Exterior: Steel

Garage/Parking

  • Number Of Parking Spaces: 8

Utilities

  • Heating Cooling: Electricity Heat, Window/Wall Air

Schools

  • Elementary School: Highland
  • Middle School: Highland
  • High School: Highland

Lot Info

  • Lot Size: 26,147

Rental Info

  • Total Expenses: 3408

Multi Family

  • Gross Income: 31500
  • Net Operating Income: 28092.00

Range of Values:

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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
12/23/2021 12/23/21 Sold $300,000 0.0% $103 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $300,000 -- $103 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2107089

Cedar Rapids Area Association of REALTORS®