$105,000
SOLD OCT 1, 2018
-- Bed
-- Bath
1,597 Sq Ft
0.28 Acres

Recently Sold

$66 Per Sq Ft

2 Days on Market

Highlights

  • Deck
  • Forced Air Cooling System
  • Garage

About This Home

As of April 2023

Fantastic opportunity in this remodeled duplex. Very low maintenance, but highly durable vinyl plank flooring installed throughout both units, with the main floor getting all new kitchen cabinets, counters, and windows. Each unit also comes with a garage, and the lower unit has washer/dryer hookups. 24 hour notice for tenant rights for all showings. Agent/owners are licensed Real Estate Agents in the State of Iowa.

Last Agent to Sell the Property

Adam Green

Pinnacle Realty LLC Listed on: 08/16/2018

Pinnacle Realty LLC

Last Buyer's Agent

Matt Clark

Epique Realty

Epique Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $149

Year Built

  • 1900

Parking

  • Garage

Home Design

  • 1,597 Sq Ft Home
  • Frame Construction
  • Aluminum Siding

Utilities

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

Additional Features

  • Deck
  • Lot Dimensions are 90 x 140

Community Details

  • Gross Income $1,200
  • Net Operating Income $1,125

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$149

Year Built

1900

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • Last City Inspection: 2016
  • List User Cell Phone: 319-721-3103
  • Miscellaneous: Deck/Patio, Garage, Parking Spaces, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water
  • Noof Units One Bedroom: 1
  • Noof Units Two Bedroom: 1
  • 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: 65.75
  • Total Sq Ft: 1597
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Utilities

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

Schools

  • Elementary School: Taylor
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: 90 X 140

Rental Info

  • Total Expenses: 75

Multi Family

  • Gross Income: 1200
  • Net Operating Income: 1125.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
Apr 14, 2023
Sold by
Zwick Family Investments Llc
Bought by
Blue Jason
Seller's Agent
Andy Petzold
EPIC PROPERTY MANAGEMENT
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$156,000
Sold Price
$150,000
Premium/Discount to List
-$6,000
-3.85%
Views
121
Current Estimated Value
$150,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$949
Avg. Annual Appreciation
-0.41%
Original Mortgage
$135,000
Outstanding Balance
$131,811
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$16,787

Purchase Details

Listed on
Aug 16, 2018
Closed on
Sep 28, 2018
Sold by
Pinnacle Housing Of Iowa Llc
Bought by
Zwick Family Investments Llc
Seller's Agent
Adam Green
Pinnacle Realty LLC
Buyer's Agent
Matt Clark
Epique Realty
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%
Original Mortgage
$93,500
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 7, 2003
Sold by
Powers Robert P and Powers Patricia
Bought by
Powers Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2001
Sold by
Davis Joyce
Bought by
Tidwell Robert P and Sawvell Patricia
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $150,000 None Listed On Document
Warranty Deed $110,000 None Available
Interfamily Deed Transfer -- All American Escrow & Title
Contract Of Sale $97,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $135,000 New Conventional
Previous Owner $93,500 Future Advance Clause Open End Mortgage
Previous Owner $105,000 Commercial
Previous Owner $93,500 Purchase Money Mortgage
Closed $0 Seller Take Back
Closed $15,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2023 04/18/23 Sold $150,000 -3.8% $94 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $156,000 +48.6% $98 / Sq Ft
10/01/2018 10/01/18 Sold $105,000 0.0% $66 / Sq Ft
08/18/2018 08/18/18 Pending -- -- --
08/16/2018 08/16/18 For Sale $105,000 -- $66 / 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
2023 $149 $119,100 $31,500 $87,600
2022 $149 $116,400 $31,500 $84,900
2021 $2,302 $107,100 $28,400 $78,700
2020 $120 $104,300 $28,400 $75,900
2019 $1,908 $88,500 $25,200 $63,300
2018 $1,854 $88,500 $25,200 $63,300
2017 $1,854 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1805822

Cedar Rapids Area Association of REALTORS®

APN: 14283-80018-00000