NOT LISTED FOR SALE

1210 B Ave NW Cedar Rapids, IA 52405

Northwest Area Neighborhood

Estimated Value: $128,000 - $134,000

4 Beds
3 Baths
1,425 Sq Ft
$92/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $51,000 $36 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $831/month

5 Days on Market

Highlights

  • Deck
  • Forced Air Cooling System
  • Fenced
  • Junction City Elementary School Rated A

About This Home

As of May 2017

Nice 2 bedroom units. All utilities paid by tenants. New carpet main level, newer carpet upper level. Upper level new furnace/CA in 2014 and back deck was rebuilt in 2014. Furnace 2008 main level. Duplex is currently vacant. Rents were $500 upper and $550 main level. Subject property is considered a legal nonconforming duplex within R·3(single family residential district). Upper unit has stairs re-built 2014. All appliances included. property sold in "as is" condition.

Last Agent to Sell the Property

Judi Mccoy

IOWA REALTY CORRIDOR Listed on: 04/05/2017

IOWA REALTY CORRIDOR

Last Buyer's Agent

Judi Mccoy

IOWA REALTY CORRIDOR Listed on: 04/05/2017

IOWA REALTY CORRIDOR

Property Details

Home Type

  • Multi-Family

Year Built

  • 1915

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced

Home Design

  • 1,425 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

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

Additional Features

  • Laundry in unit
  • Deck

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Year Built

1915

Lot Details

0

Listing Details

  • Acres: 0.1100
  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 1470
  • Last City Inspection: 8-14-14
  • List User Cell Phone: 319-431-1020
  • Miscellaneous: Deck/Patio, Fencing, Parking Spaces, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water, Unit Laundry
  • Net Tax: 1470
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 35.79
  • Total Sq Ft: 1425
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: R3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1915

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

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

Lot Info

  • Lot Size: .11 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2017
Closed on
May 8, 2017
Sold by
Bain Quanah Lee ` and Bain April R
Bought by
Glp Investment Llc
Seller's Agent
Judi Mccoy
IOWA REALTY CORRIDOR
Buyer's Agent
Judi Mccoy
IOWA REALTY CORRIDOR
List Price
$51,000
Sold Price
$51,000
Current Estimated Value
$131,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,000
Avg. Annual Appreciation
11.71%
Original Mortgage
$60,000
Outstanding Balance
$46,291
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$84,709

Purchase Details

Closed on
May 13, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Bain Quanah Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,920
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2008
Sold by
Bembenek Robert
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Mar 29, 2006
Sold by
Wright Donald J
Bought by
Bembenek Robert J

Purchase Details

Closed on
Apr 30, 2005
Sold by
Bembenek Robert J
Bought by
Wright Donald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,999
Interest Rate
9.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 13, 2005
Sold by
Easton Wendy L
Bought by
Bembenck Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,999
Interest Rate
9.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 28, 1999
Sold by
Rajtora Donald R and Rajtora Ann B
Bought by
Martin Doris J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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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
Glp Investment Llc -- None Available
Bain Quanah Lee $67,500 None Available
Deutsche Bank National Trust Co $68,000 None Available
Bembenek Robert J -- None Available
Wright Donald J $80,000 --
Bembenck Robert -- --
Martin Doris J $59,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glp Investment Llc $60,000
Previous Owner Bain Quanah Lee $51,920
Previous Owner Wright Donald J $79,999
Previous Owner Martin Doris J $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2017 05/26/17 Sold $51,000 0.0% $36 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $51,000 -- $36 / 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 $1,696 $107,700 $22,700 $85,000
2024 $1,922 $106,300 $21,000 $85,300
2023 $1,922 $95,800 $18,500 $77,300
2022 $1,792 $91,100 $18,500 $72,600
2021 $1,756 $86,500 $18,500 $68,000
2020 $1,756 $79,600 $16,800 $62,800
2019 $1,634 $75,800 $13,400 $62,400
2018 $1,528 $75,800 $13,400 $62,400
2017 $1,506 $69,200 $13,400 $55,800
2016 $1,470 $69,200 $13,400 $55,800
2015 $1,596 $74,965 $13,440 $61,525
2014 $1,596 $74,965 $13,440 $61,525
2013 $1,560 $74,965 $13,440 $61,525
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Judi Mccoy

    IOWA REALTY CORRIDOR

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1703565

Cedar Rapids Area Association of REALTORS®

APN: 14292-03021-00000

Iowa Linn County Cedar Rapids 52405 Northwest Area

1210 B Ave NW, Cedar Rapids, IA

Not Listed for Sale

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