NOT LISTED FOR SALE

Estimated Value: $106,000 - $120,000

4 Beds
2 Baths
1,776 Sq Ft
$64/Sq Ft Est. Value

Last Sold September 14, 2020

Last sale price $84,000 $47 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $759/month

125 Days on Market

Highlights

  • Deck
  • 4 Car Garage
  • Fenced
  • Forced Air Cooling System

About This Home

As of September 2020

GREAT CASH FLOW. 2 UNITS WERE RENTED FOR $1320 PER MONTH, GARAGE COULD BE RENTED FOR ABOUT $150, PLUS INCOME FROM COIN OPERATED WASHER AND DRYER. GARAGE IS PRESENTLY BEING USED BY OWNER AND HAS NOT BEEN RENTED OUT.
LOCATION IS WALKING DISTANCE TO THE NEW BO AREA. ADDITIONAL INFORMATION AVAILABLE UPON REQUEST.
Requires 24 hr. notice

Last Agent to Sell the Property

Sheryl Perkins Jahnel

IOWA REALTY Listed on: 01/31/2020

IOWA REALTY

Co-Listed By

Nathan Ciha

IOWA REALTY

Last Buyer's Agent

Jennifer Burhans

LEPIC-KROEGER CORRIDOR, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,654

Year Built

  • 1890

Parking

  • 4 Car Garage

Home Design

  • 1,776 Sq Ft Home
  • Frame Construction

Utilities

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

Additional Features

  • Deck
  • Fenced

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,654

Year Built

1890

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 1654
  • Last City Inspection: 4/24/18
  • List User Cell Phone: 319-360-9333
  • Miscellaneous: Basement, Common Laundry-Owned, Deck/Patio, Fencing, Garage, Parking Spaces, Rent Permit, Sep. Meter – Electric
  • Net Tax: 1654
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.84422
  • Ratio Close Price By Original Li: 0.76398
  • Ratio Current Price By Sq Ft: 47.30
  • Total Sq Ft: 1776
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Electricity
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Exterior Features

  • Construction Methods: Frame
  • Exterior: Steel

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

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

Schools

  • Elementary School: Grant Wood
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: Irregular

Rental Info

  • Owner Pays: Water, Electricity, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Aug 8, 2020
Sold by
Schaul Pete A and Schaul Peter A
Bought by
No Coast Properties Se Llc
Seller's Agent
Sheryl Perkins Jahnel
IOWA REALTY
Buyer's Agent
Jennifer Burhans
LEPIC-KROEGER CORRIDOR, REALTORS
List Price
$109,950
Sold Price
$84,000
Premium/Discount to List
-$25,950
-23.6%
Current Estimated Value
$113,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,070
Avg. Annual Appreciation
6.09%
Original Mortgage
$83,360
Interest Rate
2.8%
Mortgage Type
New Conventional
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
No Coast Properties Se Llc $84,000 None Available
No Coast Properties Se Llc $84,000 Estlund Tim
No Coast Properties Se Llc $133,600 Estlund Tim
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed No Coast Properties Se Llc $83,360
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2020 09/14/20 Sold $84,000 -15.6% $47 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
04/21/2020 04/21/20 Price Changed $99,500 -9.5% $56 / Sq Ft
01/31/2020 01/31/20 For Sale $109,950 -- $62 / 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 $1,928 $118,700 $25,600 $93,100
2024 $2,024 $114,000 $21,500 $92,500
2023 $2,024 $108,900 $21,500 $87,400
2022 $1,936 $96,000 $24,500 $71,500
2021 $1,738 $93,500 $20,400 $73,100
2020 $1,738 $78,800 $8,200 $70,600
2019 $1,654 $78,800 $8,200 $70,600
2018 $1,608 $76,700 $8,200 $68,500
2017 $1,788 $84,100 $8,200 $75,900
2016 $1,788 $84,100 $8,200 $75,900
2015 $1,816 $85,375 $8,177 $77,198
2014 $1,816 $85,375 $8,177 $77,198
2013 $1,778 $85,375 $8,177 $77,198
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2000787

Cedar Rapids Area Association of REALTORS®

APN: 14272-06014-00000