$59,000
SOLD SEP 3, 2020
-- Bed
-- Bath
1,339 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$44 Per Sq Ft

25% Below List Price

234 Days on Market

About This Home

As of January 2023

2 unit investment property, roof is 2.5 years old, newer windows, tenants pays all utilities, Lower unit offer 2 bed, 1 bath, formal dining, spacious kitchen and pays $550/ Upper unit has 1 bed, 1 bath, potential for another bed and is all electric, pays $500. Property is being sold as-is.

Last Agent to Sell the Property

Bonnie Tiernan

Realty87 Listed on: 11/08/2019

Realty87

Co-Listed By

Jessica Tiernan

Realty87

Last Buyer's Agent

Taylor Bergen

Realty87

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,170

Year Built

  • 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 43.67x50

Home Design

  • 1,339 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Additional Features

  • Laundry in unit
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,170

Year Built

1900

Lot Details

0

Listing Details

  • Acres: 0.0500
  • City Name: Cedar Rapids
  • Gross Tax: 1170
  • Last City Inspection: 11/7/16
  • List User Cell Phone: 319-389-5633
  • Miscellaneous: Basement, Unit Laundry
  • Net Tax: 1338
  • Noof Units Efficiency: 2
  • 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: 0.77632
  • Ratio Close Price By Original Li: 0.69412
  • Ratio Current Price By Sq Ft: 44.06
  • Total Sq Ft: 1339
  • 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: Vinyl

Utilities

  • Heating Cooling: Window/Wall Air

Schools

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

Lot Info

  • Lot Size: 43.67X50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2025
Sold by
Black Diamond Equity Partners Llc
Bought by
Zavaleta Ernesto
Current Estimated Value
$127,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Outstanding Balance
$93,594
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$33,816

Purchase Details

Closed on
Apr 28, 2023
Sold by
Capital Holdings Llc
Bought by
Jrb Solutions Llc

Purchase Details

Listed on
Oct 10, 2022
Closed on
Jan 20, 2023
Sold by
Local Dwellings Llc
Bought by
Black Diamond Equity Partners Llc
Seller's Agent
Tyler Funke
Realty87
Buyer's Agent
Tyler Funke
Realty87
List Price
$140,000
Sold Price
$120,000
Premium/Discount to List
-$20,000
-14.29%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%
Original Mortgage
$96,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2019
Closed on
Sep 1, 2020
Sold by
T & S Property Management Llc
Bought by
Local Dwellings Llc
Seller's Agent
Bonnie Tiernan
Realty87
Buyer's Agent
Taylor Bergen
Realty87
List Price
$79,000
Sold Price
$59,000
Premium/Discount to List
-$20,000
-25.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.76%
Original Mortgage
$73,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2015
Sold by
Bennett Kenneth D and Bennett Daniel Marcene
Bought by
T & S Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 1997
Sold by
Christiansen Sandra S and Christiansen Hans
Bought by
Bennett Kenneth D and Bennett Daniel Marcene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,600
Interest Rate
8%
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 $125,000 River Ridge Escrow
Warranty Deed $125,000 River Ridge Escrow
Warranty Deed $55,000 None Listed On Document
Warranty Deed $120,000 --
Warranty Deed $59,000 None Available
Warranty Deed $93,600 Estlund Tim
Warranty Deed $75,000 None Available
Warranty Deed $45,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $93,750 New Conventional
Closed $93,750 New Conventional
Previous Owner $96,000 New Conventional
Previous Owner $73,000 New Conventional
Previous Owner $75,000 New Conventional
Previous Owner $4,174 Unknown
Previous Owner $43,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold $120,000 -4.0% $90 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/17/2022 11/17/22 Price Changed $125,000 -3.8% $93 / Sq Ft
11/10/2022 11/10/22 Price Changed $130,000 -3.7% $97 / Sq Ft
10/31/2022 10/31/22 Price Changed $135,000 -3.6% $101 / Sq Ft
10/10/2022 10/10/22 For Sale $140,000 +137.3% $105 / Sq Ft
09/03/2020 09/03/20 Sold $59,000 -22.4% $44 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
05/18/2020 05/18/20 Price Changed $76,000 -3.8% $57 / Sq Ft
01/16/2020 01/16/20 For Sale $79,000 0.0% $59 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
12/19/2019 12/19/19 Price Changed $79,000 -7.1% $59 / Sq Ft
11/08/2019 11/08/19 For Sale $85,000 -- $63 / 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 $1,282 $75,700 $11,800 $63,900
2022 $1,210 $60,800 $11,800 $49,000
2021 $1,152 $58,400 $11,800 $46,600
2020 $1,152 $52,200 $8,300 $43,900
2019 $1,339 $57,000 $7,100 $49,900
2018 $1,092 $54,300 $7,100 $47,200
2017 $1,178 $54,100 $7,100 $47,000
2016 $1,058 $49,800 $7,100 $42,700
2015 $1,113 $52,295 $7,075 $45,220
2014 $1,064 $52,295 $7,075 $45,220
2013 $1,050 $52,295 $7,075 $45,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1908181

Cedar Rapids Area Association of REALTORS®

APN: 14291-61009-00000