NOT LISTED FOR SALE
-- Bed
-- Bath
6,150 Sq Ft
1965 Built

Last Sold February 12, 2014

Last sale price $177,000 $29 Per Sq Ft

382 Days on Market

About This Home

As of February 2014

*INCLUDES 1237 3RD AVE SE. 2 NICE SIDE BY SIDE 8PLEXES. INDIVIDUAL GAS FURNACES, HOT WATER HEATERS AND STOVES. 13 FURNACES & WATER HEATERS HAVE BEEN REPLACED. SMALL UNITS. DEP. $150 EACH.

Last Agent to Sell the Property

Bob Wilkes

SKOGMAN REALTY COMMERCIAL Listed on: 12/19/2012

SKOGMAN REALTY COMMERCIAL

Last Buyer's Agent

Don Rajtora

SKOGMAN REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • Lot Dimensions are 80 x 140
  • Fenced

Parking

  • 8 Parking Spaces

Home Design

  • 6,150 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas

Community Details

  • Gross Income $58,320
  • Net Operating Income $28,901

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0 Sq Ft Lot

Listing Details

  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 8746
  • Miscellaneous: Fencing, Parking Spaces, Sep. Meter – Gas
  • Net Tax: 8746
  • Noof Units One Bedroom: 16
  • Property Sub Types: 5+ Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.88945
  • Ratio Close Price By Original Li: 0.64130
  • Ratio Current Price By Sq Ft: 28.78
  • Total Sq Ft: 6150
  • Style St: Upper/Lower
  • Taxable Value Tv: 231134.00
  • Tax Roll Number: 142232600900000
  • Tenants Responsibilities Include: Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Number Of Parking Spaces: 8

Utilities

  • Heating Cooling: Gas Heat, Window/Wall Air

Lot Info

  • Lot Size: 80 X 140

Rental Info

  • Owner Pays: Electricity, Water
  • Total Expenses: 29419

Multi Family

  • Gross Income: 58320
  • Net Operating Income: 28901.00
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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
02/12/2014 02/12/14 Sold $177,000 -35.9% $29 / Sq Ft
01/05/2014 01/05/14 Pending -- -- --
12/19/2012 12/19/12 For Sale $276,000 -- $45 / 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 $2,286 $136,300 $12,600 $123,700
2024 $2,776 $129,200 $12,600 $116,600
2023 $2,776 $129,200 $12,600 $116,600
2022 $3,210 $131,600 $12,600 $119,000
2021 $2,656 $131,600 $12,600 $119,000
2020 $2,656 $100,600 $11,200 $89,400
2019 $2,858 $100,600 $11,200 $89,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1208546

Cedar Rapids Area Association of REALTORS®
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