S
Seller's Agent in 2019
Stefan Doerrfeld
Twenty40 Real Estate + Development
1117 3rd Ave Marion, IA 52302
Estimated Value: $149,000 - $182,050
4
Beds
--
Bath
2,108
Sq Ft
$78/Sq Ft
Est. Value
Highlights
- Deck
- Forced Air Cooling System
- 2 Car Garage
- Starry Elementary School Rated A-
About This Home
As of February 2019High income duplex earning $1,420 per month ($725 lower unit and $695 upper unit). New furnaces 2018, New Water Heaters 2018, separate laundry, separate entrances, separate meters, tenants pay all utilities and take care of lawn and snow. Updated kitchens and flooring. Comes with a 2 stall garage. Low maintenance, low taxes, great investment. 48 hour notice for showings.
Last Agent to Sell the Property
Stefan Doerrfeld
Twenty40 Real Estate + Development Listed on: 10/31/2018
Last Buyer's Agent
Lucas Howes
Pinnacle Realty LLC
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,026
Year Built
- 1900
Lot Details
- 3,659 Sq Ft Lot
- Lot Dimensions are 61 x 60
Parking
- 2 Car Garage
Home Design
- 2,108 Sq Ft Home
- Frame Construction
- Vinyl Construction Material
- Slate
Utilities
- Forced Air Cooling System
- Cooling System Mounted To A Wall/Window
- Heating System Uses Gas
- Separate Meters
Additional Features
- Laundry in unit
- Deck
Community Details
- Gross Income $17,040
Listing and Financial Details
- Tenant pays for water, electricity, gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 30, 2024
Sold by
Lsh 4 Llc
Bought by
Freund Rentals Two Llc
Current Estimated Value
Purchase Details
Closed on
Jun 16, 2021
Sold by
Howes Lucas S
Bought by
Lsh 4 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,554
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Oct 31, 2018
Closed on
Feb 21, 2019
Sold by
Sapient Real Estate Llc
Bought by
Howes Lucas S
Seller's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
Buyer's Agent
Lucas Howes
Pinnacle Realty LLC
List Price
$129,900
Sold Price
$119,000
Premium/Discount to List
-$10,900
-8.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$89,250
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 23, 2013
Sold by
Helbig Lewis A and Helbig Karlene K
Bought by
Gemini Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,650
Interest Rate
4.33%
Mortgage Type
Future Advance Clause Open End Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Freund Rentals Two Llc | $144,500 | River Ridge Escrow | |
| Lsh 4 Llc | -- | None Available | |
| Howes Lucas S | $119,000 | None Available | |
| Gemini Properties Llc | $88,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lsh 4 Llc | $108,554 | |
| Previous Owner | Howes Lucas S | $89,250 | |
| Previous Owner | Sapient Real Estate Llc | $113,500 | |
| Previous Owner | Gemini Properties Llc | $70,650 | |
| Closed | Freund Rentals Two Llc | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/22/2019 02/22/19 | Sold | $119,000 | -4.8% | $56 / Sq Ft |
| 01/18/2019 01/18/19 | Pending | -- | -- | -- |
| 11/29/2018 11/29/18 | Price Changed | $125,000 | -3.8% | $59 / Sq Ft |
| 10/31/2018 10/31/18 | For Sale | $129,900 | -- | $62 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $2,376 | $134,800 | $9,600 | $125,200 |
| 2023 | $2,376 | $134,800 | $9,600 | $125,200 |
| 2022 | $2,296 | $106,800 | $9,600 | $97,200 |
| 2021 | $2,110 | $106,800 | $9,600 | $97,200 |
| 2020 | $2,110 | $93,300 | $9,600 | $83,700 |
| 2019 | $2,074 | $93,300 | $9,600 | $83,700 |
| 2018 | $2,026 | $92,000 | $11,700 | $80,300 |
| 2017 | $2,244 | $88,900 | $12,800 | $76,100 |
| 2016 | $2,244 | $100,900 | $12,800 | $88,100 |
| 2015 | $2,236 | $100,900 | $12,800 | $88,100 |
| 2014 | $2,236 | $100,900 | $12,800 | $88,100 |
| 2013 | $2,150 | $100,900 | $12,800 | $88,100 |
Source: Public Records
Agents Affiliated with this Home
-
-
L
Buyer's Agent in 2019
Lucas Howes
Pinnacle Realty LLC
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1807648
APN: 15062-63002-00000
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