NOT LISTED FOR SALE

1207 5th Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $124,000 - $524,000

5 Beds
2 Baths
1,813 Sq Ft
$179/Sq Ft Est. Value

Sale Details

Date Sold: October 1, 2024

Last sale price $80,000 $44 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $522 / mo

9 Days on Market

Highlights

  • Forced Air Heating System
  • Garage
  • 3-minute walk to Wellington Park

About This Home

As of October 2024

Creative 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.

Last Agent to Sell the Property

connor harris

Creative Real Estate Iowa Listed on: 02/17/2024

Last Buyer's Agent

Travis Gaule

SKOGMAN REALTY

SKOGMAN REALTY

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,134

Year Built

Built in 1900

Lot Details

4,182 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Multi Family
  • Co List Office Phone: 319-213-1162
  • MLS Status: Closed
  • Directions: 19th St SE to 5th Ave SE
  • Year Built: 1900
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Type: Frame, Stone

Garage/Parking

  • Attached Garage: Yes

Utilities

  • Utilities: Separate Meters
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes

Schools

  • Elementary School: Johnson
  • High School: Washington
  • Middle Or Junior School: McKinley

Lot Info

  • Lot Dimensions: 30 X 140
  • ResoLotSizeUnits: Acres
  • Parcel Number: 142233400800000
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Gas, Water

Multi Family

  • Gross Income: 22800.0
  • Net Operating Income: 21618.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 1182.0

Tax Info

  • Tax Annual Amount: 1134.0

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

Closed on
May 11, 2026
Sold by
Diversity Holdings Llc
Bought by
Current Estimated Value
$77,511

Purchase Details

Closed on
Sep 8, 2025
Sold by
Amazing Properties Llc
Bought by
Diversity Holdings Llc

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
$133,375
Interest Rate
6.63%
Mortgage Type
Construction
Estimated Equity
$190,625

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
31.28%
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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Wellington Heights, IA

  • Jim Zachar Real Estate Agent - Realty87

    Jim Zachar

    Realty87

    (319) 900-5907

    101 Total Sales

    1 in Wellington Heights

    $135,000 Price

    Jim Zachar
     Section Image
  • Monica Hayes Real Estate Agent - Lepic-Kroeger, REALTORS

    Monica Hayes

    Lepic-Kroeger, REALTORS

    (319) 250-5488

    649 Total Sales

    6 in Wellington Heights

    $79K - $163K Price Range

    Monica Hayes
     Section Image
  • Ollie Dent Real Estate Agent - RUHL & RUHL REALTORS®

    Ollie Dent

    RUHL & RUHL REALTORS®

    (319) 382-6487

    85 Total Sales

    3 in Wellington Heights

    $134K - $165K Price Range

    Ollie Dent
     Section Image
  • Jill Hidinger Real Estate Agent - Realty87

    Jill Hidinger

    Realty87

    (319) 419-4986

    82 Total Sales

    2 in Wellington Heights

    $95K - $120K Price Range

    Jill Hidinger
     Section Image
  • Chris Boddicker Real Estate Agent - Urban Acres Real Estate Corridor

    Chris Boddicker

    Urban Acres Real Estate Corridor

    (319) 600-7161

    279 Total Sales

    2 in Wellington Heights

    $159K - $170K Price Range

    Chris Boddicker
     Section Image
  • Michelle Fitzgerald Real Estate Agent - Century 21 Signature Real Estate

    Michelle Fitzgerald

    Century 21 Signature Real Estate

    (319) 409-6715

    173 Total Sales

    3 in Wellington Heights

    $122K - $230K Price Range

    Michelle Fitzgerald
     Section Image
See All Agents

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
$690,500 None Listed On Document
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

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
Open $135,000
Closed Wikstrom Ryan $69,300
Previous Owner Himmelsbach Developments Llc $348,421
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 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

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 $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

  • CH

    Seller's Agent in 2024

    connor harris

    Creative Real Estate Iowa

    (319) 855-2212

    2 in this area

    30 Total Sales

    connor harris
    Section Image
  • Travis Gaule Real Estate Agent - SKOGMAN REALTY

    Buyer's Agent in 2024

    Travis Gaule

    SKOGMAN REALTY

    (319) 621-5324

    10 in this area

    54 Total Sales

    Travis Gaule
    Section Image
  • Jennifer Burhans Real Estate Agent - LEPIC-KROEGER CORRIDOR, REALTORS

    Seller's Agent in 2021

    Jennifer Burhans

    LEPIC-KROEGER CORRIDOR, REALTORS

    (319) 270-9353

    2 in this area

    208 Total Sales

    Jennifer Burhans
    Section Image
  • Lisa Nolan Real Estate Agent - RE/MAX

    Buyer's Agent in 2021

    Lisa Nolan

    RE/MAX

    (319) 551-3206

    2 in this area

    149 Total Sales

    Lisa Nolan
    Section Image
  • Ryan Eighme Real Estate Agent - Pinnacle Realty LLC

    Seller's Agent in 2018

    Ryan Eighme

    Pinnacle Realty LLC

    (319) 721-6099

    7 in this area

    101 Total Sales

    Ryan Eighme
    Section Image

  • GW

    Seller's Agent in 2012

    Gerry Wordehoff

    BUCK CREEK REALTY

    (319) 573-3561

    3 Total Sales

    Gerry Wordehoff
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2401090

Cedar Rapids Area Association of REALTORS®

APN: 14223-34008-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1207 5th Ave SE, Cedar Rapids, IA

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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