NOT LISTED FOR SALE

1110 3rd St Unit 1 Marion, IA 52302

Estimated Value: $120,000 - $291,000

2 Beds
1 Bath
3,672 Sq Ft
$54/Sq Ft Est. Value

Last Sold June 24, 2015

Last sale price $144,950 $39 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,128/month

2 Days on Market

Highlights

  • Deck
  • Forced Air Cooling System
  • 3-minute walk to Lininger Park
  • Marion High School Rated A-

About This Home

As of June 2015

Awesome fourplex in a great Marion location. Very well kept property, doesn't need anything! Great tenants! All two bedroom units have forced air furnaces and central air. Tenants pay gas/electric, owner pays water/trash. Pride of ownership truly shows in this building. Building has been co-op'ed already. **24 hour notice required for showings. Rents are 2 @ $525, 1 @ $530, 1 @ $540.

Last Agent to Sell the Property

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES Listed on: 05/06/2015

Last Buyer's Agent

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES Listed on: 05/06/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,042

Year Built

  • 1977

Home Design

  • 3,672 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,042

Year Built

1977

Lot Details

0

Listing Details

  • City Name: Marion
  • Condo Co-Op YN: Yes
  • Expense Info: Owner Provided
  • List User Cell Phone: 319-981-3702
  • Miscellaneous: Common Laundry-Owned, Deck/Patio, Parking Spaces, Sep. Meter – Electric, Sep. Meter – Gas
  • 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: 39.47
  • Total Sq Ft: 3672
  • Style St: Upper/Lower
  • Tax Roll Number: 113645600101000, 0100101002, 01003
  • Tenants Responsibilities Include: Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: RES
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

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

Lot Info

  • Lot Size: IRREGULAR

Rental Info

  • Owner Pays: Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2025
Sold by
Larsen Investment Llc
Bought by
B & Z Property Management Llc
Current Estimated Value
$198,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$268,948
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$70,416

Purchase Details

Closed on
Jan 17, 2022
Sold by
Larsen Thomas H
Bought by
Larsen Investment Llc

Purchase Details

Closed on
Nov 1, 2021
Sold by
Siegel & Handley Rentals Llc
Bought by
Larsen Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,900
Interest Rate
2.88%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 6, 2015
Closed on
Jun 23, 2015
Sold by
Kenmar Properties Llc
Bought by
Siegel & Handley Rentals Llc
Seller's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$144,950
Sold Price
$144,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.09%
Original Mortgage
$123,205
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
B & Z Property Management Llc $286,500 None Listed On Document
Larsen Investment Llc -- None Listed On Document
Larsen Thomas $212,000 None Available
Siegel & Handley Rentals Llc $145,000 None Available
Siegel & Handley Rentals Llc $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open B & Z Property Management Llc $270,000
Previous Owner Larsen Thomas $169,900
Previous Owner Siegel & Handley Rentals Llc $123,205
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2015 06/24/15 Sold $144,950 0.0% $39 / Sq Ft
05/08/2015 05/08/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $144,950 -- $39 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $1,042 $70,300 $6,600 $63,700
2024 $992 $55,500 $6,600 $48,900
2023 $992 $55,500 $6,600 $48,900
2022 $958 $44,600 $6,600 $38,000
2021 $936 $44,600 $6,600 $38,000
2020 $936 $41,400 $6,600 $34,800
2019 $872 $41,400 $6,600 $34,800
2018 $852 $38,700 $6,600 $32,100
2017 $808 $36,300 $6,600 $29,700
2016 $808 $36,300 $6,600 $29,700
2015 $804 $36,300 $6,600 $29,700
2014 $804 $36,300 $6,600 $29,700
2013 -- $36,300 $6,600 $29,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1503622

Cedar Rapids Area Association of REALTORS®

APN: 11364-56011-01000