NOT LISTED FOR SALE

1246 4th Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $114,000 - $125,131

6 Beds
2 Baths
2,933 Sq Ft
$40/Sq Ft Est. Value

Last Sold March 21, 2017

Last sale price $30,000 $10 Per Sq Ft

Est. 296% increase in value since last sale

Current estimated payment $759/month

13 Days on Market

About This Home

As of March 2017

Side by side duplex! Older home converted to a duplex- each unit has 3 bedrooms, formal dining room, separate utility meters, and separate entrances. Large walk-up attics with potential to be finished or used for storage. 4 car garage and off street parking. Property sold in "AS IS" condition. Property needs extensive amount of work. No subject to sale offers.

Last Listed By

Judi Mccoy

IOWA REALTY CORRIDOR Listed on: 02/14/2017

IOWA REALTY CORRIDOR

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Lot Details

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

Parking

  • Garage

Home Design

  • 2,933 Sq Ft Home
  • Frame Construction

Utilities

  • Heating System Uses Gas
  • Separate Meters

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Acres: 0.1600
  • City Name: Cedar Rapids
  • Gross Tax: 1244
  • List User Cell Phone: 319-431-1020
  • Miscellaneous: Basement, Garage, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water
  • Net Tax: 1244
  • Noof Units Three Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 1.07527
  • Ratio Close Price By Original Li: 1.07527
  • Ratio Current Price By Sq Ft: 10.23
  • Total Sq Ft: 2933
  • Style St: Side/Side
  • Water Sewer Roads: City Sewer
  • Zoning: RMF2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Utilities

  • Heating Cooling: Gas Heat

Schools

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

Lot Info

  • Lot Size: 50 X 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2017
Closed on
Mar 15, 2017
Sold by
Federal National Mortgage Association
Bought by
Osman Abdille Binti and Osman Omar
Seller's Agent
Judi Mccoy
IOWA REALTY CORRIDOR
Buyer's Agent
Judi Mccoy
IOWA REALTY CORRIDOR
List Price
$27,900
Sold Price
$30,000
Premium/Discount to List
$2,100
7.53%
Total Days on Market
13
Current Estimated Value
$118,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,710
Avg. Annual Appreciation
18.83%

Purchase Details

Closed on
Jan 26, 2016
Sold by
Hsbc Bank Usa Na
Bought by
Federal Mortgage Association

Purchase Details

Closed on
Aug 15, 2005
Sold by
Hunter Robert E and Hunter Hazel I
Bought by
Schnoebelen Jennifer and Hiller Cathryn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac

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 Buyer Sale Price Title Company
Osman Abdille Binti -- None Available
Federal Mortgage Association -- None Available
Schnoebelen Jennifer $69,500 All American Escrow & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schnoebelen Jennifer $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2017 03/21/17 Sold $30,000 +7.5% $10 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $27,900 -- $10 / 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 $1,204 $74,800 $25,000 $49,800
2022 $1,182 $66,000 $20,000 $46,000
2021 $1,300 $66,000 $20,000 $46,000
2020 $1,300 $67,500 $20,000 $47,500
2019 $1,204 $55,900 $12,500 $43,400
2018 $1,172 $55,900 $12,500 $43,400
2017 $1,172 $58,500 $12,500 $46,000
2016 $1,244 $58,500 $12,500 $46,000
2015 $1,244 $66,567 $12,500 $54,067
2014 $935 $66,567 $12,500 $54,067
2013 $1,386 $66,567 $12,500 $54,067
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Judi Mccoy

    IOWA REALTY CORRIDOR

    (319) 431-1020

    5 in this area

    75 Total Sales

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1701134

Cedar Rapids Area Association of REALTORS®

APN: 14223-26018-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1246 4th Ave SE, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 1246 4th Ave SE, Cedar Rapids, IA 52403 since 14 February 2017 and is currently estimated at $118,710, approximately $40 per square foot. This property was built in 1900. 1246 4th 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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