c
Seller's Agent in 2024
connor harris
SKOGMAN REALTY
(319) 855-2212
2 in this area
21 Total Sales
1207 5th Ave SE Cedar Rapids, IA 52403
Wellington Heights NeighborhoodEstimated Value: $71,011 - $83,000
5
Beds
2
Baths
1,813
Sq Ft
$42/Sq Ft
Est. Value
Highlights
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Garage
About This Home
As of October 2024Creative finance opportunity! Fully rented duplex with gross rents of $1900 per month. This recently updated duplex presents a promising investment opportunity with fresh paint and updated LPV flooring in both units. Seller Financing, subject to and Lease Option available for a qualified buyer reach out for further information on terms. Package deal available for 1207 5th Ave Se and 1211 5th Ave SE. Tenant occupied, 48 hours minimum notice for showings, pre approval required for showings on occupied units.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,134
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 30 x 140
Parking
- Garage
Home Design
- Frame Construction
- Stone
Interior Spaces
- 1,813 Sq Ft Home
- Basement Fills Entire Space Under The House
Schools
- Johnson Elementary School
- Mckinley Middle School
- Washington High School
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- The owner pays for gas, water
- Assessor Parcel Number 142233400800000
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $1,182
- Gross Income $22,800
- Net Operating Income $21,618
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 8, 2025
Sold by
Amazing Properties Llc
Bought by
Diversity Holdings Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$134,823
Interest Rate
6.63%
Mortgage Type
Construction
Estimated Equity
-$57,819
Purchase Details
Closed on
Aug 8, 2023
Sold by
Homelife Capital Llc
Bought by
Amazing Properties Llc
Purchase Details
Closed on
Oct 8, 2021
Sold by
Wikstrom Ryan and Wikstrom Danielle M
Bought by
Homelife Capital Llc
Purchase Details
Listed on
Mar 22, 2021
Closed on
May 26, 2021
Sold by
No Coast Properties 5Th Ave Llc
Bought by
Wikstrom Ryan and Wikstrom Danielle M
Seller's Agent
Jennifer Burhans
LEPIC-KROEGER CORRIDOR, REALTORS
Buyer's Agent
Lisa Nolan
RE/MAX CONCEPTS
List Price
$98,000
Sold Price
$77,000
Premium/Discount to List
-$21,000
-21.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$69,300
Interest Rate
3.37%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 3, 2018
Closed on
May 30, 2018
Sold by
Residential Cooperative Inc
Bought by
No Coast Properties 5Th Ave Llc
Seller's Agent
Ryan Eighme
Pinnacle Realty LLC
Buyer's Agent
Jennifer Burhans
LEPIC-KROEGER CORRIDOR, REALTORS
List Price
$84,900
Sold Price
$82,000
Premium/Discount to List
-$2,900
-3.42%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.08%
Purchase Details
Closed on
Jul 18, 2013
Sold by
Himmelsbach Eric John
Bought by
Himmelsbach Developments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,421
Interest Rate
4.29%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
May 8, 2009
Sold by
Smith Lawrence R and Smith Mary Jean
Bought by
Smith Lawrence Robert and Smith Mary Jean
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 |
|---|---|---|---|
| Diversity Holdings Llc | $63,500 | None Listed On Document | |
| Amazing Properties Llc | $66,000 | None Listed On Document | |
| Homelife Capital Llc | -- | None Available | |
| Wikstrom Ryan | $77,000 | None Available | |
| No Coast Properties 5Th Ave Llc | $82,000 | None Available | |
| Himmelsbach Developments Llc | -- | None Available | |
| Himmelsbach Developments Llc | -- | None Available | |
| Smith Lawrence Robert | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Diversity Holdings Llc | $135,000 | |
| Previous Owner | Wikstrom Ryan | $69,300 | |
| Previous Owner | Himmelsbach Developments Llc | $348,421 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/01/2024 10/01/24 | Sold | $80,000 | -31.6% | $44 / Sq Ft | |
| 07/18/2024 07/18/24 | Price Changed | $116,900 | -5.0% | $64 / Sq Ft | |
| 05/21/2024 05/21/24 | Price Changed | $123,000 | -7.2% | $68 / Sq Ft | |
| 03/22/2024 03/22/24 | Price Changed | $132,500 | -5.3% | $73 / Sq Ft | |
| 03/11/2024 03/11/24 | For Sale | $139,900 | 0.0% | $77 / Sq Ft | |
| 02/26/2024 02/26/24 | Pending | -- | -- | -- | |
| 02/17/2024 02/17/24 | For Sale | $139,900 | +81.7% | $77 / Sq Ft | |
| 05/27/2021 05/27/21 | Sold | $77,000 | -9.3% | $42 / Sq Ft | View Prior Sale |
| 04/21/2021 04/21/21 | Pending | -- | -- | -- | |
| 04/08/2021 04/08/21 | Price Changed | $84,900 | -4.6% | $47 / Sq Ft | |
| 04/01/2021 04/01/21 | Price Changed | $89,000 | -9.2% | $49 / Sq Ft | |
| 03/22/2021 03/22/21 | For Sale | $98,000 | +19.5% | $54 / Sq Ft | |
| 05/31/2018 05/31/18 | Sold | $82,000 | 0.0% | $45 / Sq Ft | View Prior Sale |
| 05/31/2018 05/31/18 | Off Market | $82,000 | -- | -- | |
| 02/23/2018 02/23/18 | Price Changed | $79,900 | -5.9% | $44 / Sq Ft | |
| 01/03/2018 01/03/18 | For Sale | $84,900 | +76.9% | $47 / Sq Ft | |
| 09/17/2012 09/17/12 | Sold | $48,000 | -12.6% | $26 / Sq Ft | View Prior Sale |
| 07/26/2012 07/26/12 | Pending | -- | -- | -- | |
| 07/14/2012 07/14/12 | For Sale | $54,900 | -- | $30 / 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 |
|---|---|---|---|---|
| 2025 | $1,122 | $84,700 | $16,500 | $68,200 |
| 2024 | $657 | $87,500 | $16,500 | $71,000 |
| 2023 | $657 | $63,400 | $15,000 | $48,400 |
| 2022 | $1,160 | $56,000 | $12,000 | $44,000 |
| 2021 | $1,274 | $56,000 | $12,000 | $44,000 |
| 2020 | $1,274 | $57,700 | $12,000 | $45,700 |
| 2019 | $1,266 | $58,700 | $7,500 | $51,200 |
| 2018 | $1,230 | $58,700 | $7,500 | $51,200 |
| 2017 | $1,166 | $53,500 | $7,500 | $46,000 |
| 2016 | $1,138 | $53,500 | $7,500 | $46,000 |
| 2015 | $1,146 | $53,897 | $7,500 | $46,397 |
| 2014 | $1,146 | $53,897 | $7,500 | $46,397 |
| 2013 | $1,122 | $53,897 | $7,500 | $46,397 |
Source: Public Records
Agents Affiliated with this Home
-
connor harris
-
Travis Gaule
Buyer's Agent in 2024
Travis Gaule
SKOGMAN REALTY
(319) 621-5324
8 in this area
52 Total Sales
-
Jennifer Burhans
Seller's Agent in 2021
Jennifer Burhans
LEPIC-KROEGER CORRIDOR, REALTORS
(319) 270-9353
5 in this area
212 Total Sales
-
Lisa Nolan
Buyer's Agent in 2021
Lisa Nolan
RE/MAX
(319) 551-3206
4 in this area
148 Total Sales
-
Ryan Eighme
Seller's Agent in 2018
Ryan Eighme
Pinnacle Realty LLC
(319) 721-6099
10 in this area
130 Total Sales
-
Gerry Wordehoff
G
Seller's Agent in 2012
Gerry Wordehoff
BUCK CREEK REALTY
(319) 573-3561
3 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2401090
APN: 14223-34008-00000
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.
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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