Seller's Agent in 2025
Darin Garman
HEARTLAND INVESTMENT REAL ESTATE, LLC
(319) 540-9070
1 in this area
25 Total Sales
119 Rapids Ave SW Cedar Rapids, IA 52404
Southwest Area Neighborhood
--
Bed
--
Bath
5,040
Sq Ft
0.35
Acre Lot
Highlights
- Cooling System Mounted To A Wall/Window
- Heating System Uses Gas
- 3-minute walk to Hayes Park
- Garage
About This Home
As of March 2025This home is located at 119 Rapids Ave SW, Cedar Rapids, IA 52404 since 15 October 2024. This property was built in 1948. 119 Rapids Ave SW is a home located in Linn County with nearby schools including Grant Elementary School, Wilson Middle School, and Thomas Jefferson High School.
Last Agent to Sell the Property
HEARTLAND INVESTMENT REAL ESTATE, LLC Listed on: 10/15/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,657
Year Built
- Built in 1948
Lot Details
- 15,377 Sq Ft Lot
Parking
- Garage
Home Design
- 5,040 Sq Ft Home
- Brick Exterior Construction
- Frame Construction
Schools
- Wilson Elementary And Middle School
- Jefferson High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for gas, water
- Assessor Parcel Number 143423001800000
Community Details
Overview
- 5 Units
Building Details
- Operating Expense $15,770
- Gross Income $40,617
- Net Operating Income $24,847
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 15, 2024
Closed on
Mar 14, 2025
Sold by
Bought by
Seller's Agent
Darin Garman
HEARTLAND INVESTMENT REAL ESTATE, LLC
Buyer's Agent
Isaiah Garman
HEARTLAND INVESTMENT REAL ESTATE, LLC
List Price
$323,000
Sold Price
$310,000
Premium/Discount to List
-$13,000
-4.02%
Views
128
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
0.0695%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 1, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
0.0706%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 21, 1999
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $310,000 | None Listed On Document | ||
| $184,500 | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $248,000 | ||
| Closed | $122,668 | ||
| Closed | $22,484 | ||
| Closed | $148,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/14/2025 03/14/25 | Sold | $310,000 | -4.0% | $62 / Sq Ft |
| 03/10/2025 03/10/25 | Pending | -- | -- | -- |
| 03/10/2025 03/10/25 | For Sale | $323,000 | +4.2% | $64 / Sq Ft |
| 02/28/2025 02/28/25 | Off Market | $310,000 | -- | -- |
| 12/20/2024 12/20/24 | Price Changed | $323,000 | -3.4% | $64 / Sq Ft |
| 10/15/2024 10/15/24 | For Sale | $334,500 | -- | $66 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,658 | $343,300 | $34,600 | $308,700 |
| 2024 | $5,930 | $319,700 | $34,600 | $285,100 |
| 2023 | $5,930 | $319,700 | $34,600 | $285,100 |
| 2022 | $6,200 | $281,200 | $34,600 | $246,600 |
| 2021 | $6,010 | $254,100 | $34,600 | $219,500 |
| 2020 | $6,010 | $227,600 | $24,600 | $203,000 |
| 2019 | $5,302 | $186,700 | $24,600 | $162,100 |
| 2018 | $5,540 | $186,700 | $24,600 | $162,100 |
| 2017 | $6,012 | $182,400 | $24,600 | $157,800 |
| 2016 | $6,012 | $182,400 | $24,600 | $157,800 |
| 2015 | $5,186 | $150,948 | $21,568 | $129,380 |
| 2014 | $5,186 | $150,948 | $21,568 | $129,380 |
| 2013 | $5,488 | $150,948 | $21,568 | $129,380 |
Source: Public Records
Agents Affiliated with this Home
-
Darin Garman
-
Isaiah Garman
I
Buyer's Agent in 2025
Isaiah Garman
HEARTLAND INVESTMENT REAL ESTATE, LLC
(319) 540-9070
1 in this area
8 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2407223
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Information is deemed reliable but not guaranteed.
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