$149,000
SOLD NOV 15, 2022
-- Bed
-- Bath
7,000 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$21 Per Sq Ft

4% Below List Price

73 Days on Market

About This Home

As of September 2025

This home is located at 1211 2nd Ave SE, Cedar Rapids, IA 52403 and is currently priced at $149,000, approximately $21 per square foot. This property was built in 1927. 1211 2nd Ave SE is a home located in Linn County with nearby schools including Johnson STEAM Academy, McKinley STEAM Academy, and George Washington High School.

Last Agent to Sell the Property

Darin Garman

HEARTLAND INVESTMENT REAL ESTATE, LLC Listed on: 07/26/2021

Last Buyer's Agent

Darin Garman

HEARTLAND INVESTMENT REAL ESTATE, LLC Listed on: 07/26/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,163

Year Built

  • 1927

Home Design

  • 7,000 Sq Ft Home
  • Frame Construction
  • Stucco

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Community Details

  • Gross Income $27,720
  • Net Operating Income $12,256

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water, electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,163

Year Built

1927

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 3163
  • Last City Inspection: Aug 2016
  • Miscellaneous: Basement, Common Laundry-Owned, Parking Spaces, Sep. Meter – Gas
  • Net Tax: 3163
  • Noof Units Two Bedroom: 4
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.96129
  • Ratio Close Price By Original Li: 0.96129
  • Ratio Current Price By Sq Ft: 21.29
  • Total Sq Ft: 7000
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Gas
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1927

Exterior Features

  • Construction Methods: Frame
  • Exterior: Stucco

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: Irregular

Rental Info

  • Owner Pays: Water, Electricity
  • Total Expenses: 14918

Multi Family

  • Gross Income: 27720
  • Net Operating Income: 12256.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2021
Sold by
Lingo Charles C and Lingo Judith K
Bought by
Quillin Mark and Quillin Enriqueta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,750
Outstanding Balance
$102,400
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$73,928
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $149,000 River Ridge Escrow Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $111,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Sold $185,000 -7.0% $50 / Sq Ft
08/08/2025 08/08/25 Pending -- -- --
07/28/2025 07/28/25 For Sale $199,000 +33.6% $54 / Sq Ft
11/15/2022 11/15/22 Sold $149,000 -3.9% $21 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $155,000 -- $22 / 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 $2,668 $146,600 $22,000 $124,600
2024 $2,536 $142,600 $22,000 $120,600
2023 $2,536 $140,600 $20,000 $120,600
2022 $2,934 $112,200 $16,000 $96,200
2021 $2,806 $112,200 $16,000 $96,200
2020 $2,806 $99,300 $10,000 $89,300
2019 $2,002 $64,900 $10,000 $54,900
2018 $2,092 $64,900 $10,000 $54,900
2017 $2,386 $66,700 $10,000 $56,700
2016 $2,386 $66,700 $10,000 $56,700
2015 $3,306 $87,600 $10,000 $77,600
2014 $3,306 $85,661 $11,340 $74,321
2013 $3,420 $85,661 $11,340 $74,321
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2105054

Cedar Rapids Area Association of REALTORS®

APN: 14223-27007-00000