NOT LISTED FOR SALE

1129 I Ave NE Cedar Rapids, IA 52402

Estimated Value: $122,000 - $169,000

2 Beds
2 Baths
1,248 Sq Ft
$115/Sq Ft Est. Value

Last Sold October 30, 2017

Last sale price $39,500 $32 Per Sq Ft

Est. 264% increase in value since last sale

Current estimated payment $932/month

12 Days on Market

About This Home

As of October 2017

Great Investment Property! 2 unit home on the NE Side with 2 stall garage. Each unit is set up well and has large living spaces. There is a shared basement for storage and plenty of room for parking. Seller will only review owner Occupant offers for the first 20 days. Investor offers will be reviewed starting day 21. Buyers will be required to sign an occupancy cert. Email all offers to Listing agent.

Last Agent to Sell the Property

KATHY EIGHME

FUSION REALTORS Listed on: 08/24/2017

Last Buyer's Agent

Rachael Ray

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 7,884 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • 1,248 Sq Ft Home
  • Frame Construction

Utilities

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

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0

Listing Details

  • Acres: 0.1810
  • City Name: Cedar Rapids
  • Gross Tax: 1582
  • List User Cell Phone: 319-231-6980
  • Miscellaneous: Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water
  • Net Tax: 1582
  • Noof Units One Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 1.05333
  • Ratio Close Price By Original Li: 1.05333
  • Ratio Current Price By Sq Ft: 31.65
  • Total Sq Ft: 1248
  • Style St: Side/Side
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Exterior Features

  • Construction Methods: Frame
  • Exterior: Composite

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Schools

  • Elementary School: Garfield
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2017
Closed on
Sep 7, 2017
Sold by
Us Bank Trust
Bought by
Watson Richard
Seller's Agent
KATHY EIGHME
FUSION REALTORS
Buyer's Agent
Rachael Ray
SKOGMAN REALTY
List Price
$37,500
Sold Price
$39,500
Premium/Discount to List
$2,000
5.33%
Current Estimated Value
$143,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,380
Original Mortgage
$29,600
Outstanding Balance
$25,316
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2017
Sold by
U S Bank Trust Na
Bought by
Mefford David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,600
Outstanding Balance
$25,316
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2010
Sold by
Mefferd David R
Bought by
Mefferd David R
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
Watson Richard -- None Available
Mefford David R $500 None Available
Mefferd David R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Richard $29,600
Previous Owner Mefferd David R $61,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2017 10/30/17 Sold $39,500 +5.3% $32 / Sq Ft
09/05/2017 09/05/17 Pending -- -- --
08/24/2017 08/24/17 For Sale $37,500 -- $30 / 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
2023 $1,610 $100,600 $19,800 $80,800
2022 $1,400 $85,200 $18,700 $66,500
2021 $1,468 $76,500 $15,400 $61,100
2020 $1,468 $75,100 $15,400 $59,700
2019 $1,602 $82,800 $15,400 $67,400
2018 $1,736 $82,800 $15,400 $67,400
2017 $2,080 $72,900 $15,400 $57,500
2016 $1,572 $74,000 $15,400 $58,600
2015 $1,591 $73,993 $15,390 $58,603
2014 $1,911 $77,989 $15,390 $62,599
2013 $1,624 $77,989 $15,390 $62,599
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    KATHY EIGHME

    FUSION REALTORS

    (319) 231-6980

    Section Image
  • Rachael Ray

    Buyer's Agent in 2017

    Rachael Ray

    SKOGMAN REALTY

    (319) 270-3104

    200 Total Sales

    Rachael Ray
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1708019

Cedar Rapids Area Association of REALTORS®

APN: 14164-32004-00000

Iowa Linn County Cedar Rapids 52402

1129 I Ave NE, Cedar Rapids, IA

This home is located at 1129 I Ave NE, Cedar Rapids, IA 52402 since 24 August 2017 and is currently estimated at $143,880, approximately $115 per square foot. This property was built in 1965. 1129 I Ave NE is a home located in Linn County with nearby schools including Garfield Elementary School, Franklin Middle School, and George Washington High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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