NOT LISTED FOR SALE

1220 3rd Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood
-- Bed
-- Bath
3,465 Sq Ft
6,970 Sq Ft Lot

Last Sold June 01, 2021

Last sale price $130,000 $38 Per Sq Ft

27 Days on Market

About This Home

As of June 2021

Great investment opportunity! New shingles (tear off) 2013/2014. 2017 some windows replaced, good boiler. Tenants are on month-to-month leases. There is a rental inspection due May 2021, but the Housing Department has done no regular inspections since March 2020, so they are very far behind. Great rental history! Boiler installed approximately 2014. Property is being sold "as is" condition. Buyers can do inspections for their own information only.

Last Listed By

Judi Mccoy

IOWA REALTY CORRIDOR Listed on: 02/24/2021

IOWA REALTY CORRIDOR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,122

Year Built

  • 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 140

Parking

  • 4 Parking Spaces

Home Design

  • 3,465 Sq Ft Home
  • Frame Construction

Utilities

  • Hot Water Heating System

Community Details

  • Gross Income $36,815

Listing and Financial Details

  • The owner pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,122

Year Built

1900

Lot Details

0

Listing Details

  • Acres: 0.1600
  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 3122
  • List User Cell Phone: 319-431-1020
  • Miscellaneous: Parking Spaces
  • Net Tax: 3122
  • Noof Units Efficiency: 3
  • Noof Units One Bedroom: 5
  • Property Sub Types: 5+ Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.82278
  • Ratio Close Price By Original Li: 0.79292
  • Ratio Current Price By Sq Ft: 37.52
  • Total Sq Ft: 3465
  • Style St: Side/Side, Upper/Lower
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Cooling: Hot Water Heat

Schools

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

Lot Info

  • Lot Size: 50 X 140

Rental Info

  • Owner Pays: Water, Electricity, Gas

Multi Family

  • Gross Income: 36815

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

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $130,000 -17.7% $38 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/23/2021 03/23/21 Price Changed $158,000 -3.6% $46 / Sq Ft
02/24/2021 02/24/21 For Sale $163,950 -- $47 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Judi Mccoy

    IOWA REALTY CORRIDOR

    (319) 431-1020

    5 in this area

    75 Total Sales

    Section Image
  • Jerome Edwards

    Buyer's Agent in 2021

    Jerome Edwards

    Pinnacle Realty LLC

    (319) 594-2525

    6 in this area

    161 Total Sales

    Jerome Edwards
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2101100

Cedar Rapids Area Association of REALTORS®

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1220 3rd Ave SE, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 1220 3rd Ave SE, Cedar Rapids, IA 52403 since 24 February 2021. This property was built in 1900. 1220 3rd Ave SE is a home located in Linn County with nearby schools including Johnson Elementary School, McKinley STEAM Academy, and George Washington High School.

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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