NOT LISTED FOR SALE
-- 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 Agent to Sell the Property

Judi Mccoy

IOWA REALTY CORRIDOR Listed on: 02/24/2021

IOWA REALTY CORRIDOR

Last Buyer's Agent

Jerome Edwards

Pinnacle Realty LLC

Pinnacle Realty LLC

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

6,970 Sq Ft Lot

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

Lot Info

  • Lot Size: 50 X 140

Rental Info

  • Owner Pays: Water, Electricity, Gas

Multi Family

  • Gross Income: 36815
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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 List to Sale Price per Sq Ft
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

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 $2,404 $198,900 $27,500 $171,400
2024 $2,830 $185,700 $27,500 $158,200
2023 $2,830 $135,900 $25,000 $110,900
2022 $3,118 $134,200 $20,000 $114,200
2021 $2,964 $127,800 $20,000 $107,800
2020 $2,964 $112,300 $12,500 $99,800
2019 $1,474 $51,900 $12,500 $39,400
2018 $1,540 $51,900 $12,500 $39,400
2017 $1,736 $55,000 $12,500 $42,500
2016 $1,816 $55,100 $12,500 $42,600
2015 $1,816 $83,111 $12,500 $70,611
2014 $3,169 $89,029 $11,340 $77,689
2013 $3,695 $89,029 $11,340 $77,689
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2101100

Cedar Rapids Area Association of REALTORS®
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