NOT LISTED FOR SALE

1304 12th St Marion, IA 52302

Estimated Value: $174,000 - $198,000

4 Beds
1 Bath
1,664 Sq Ft
$112/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $188,000 $113 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,277/month

2 Days on Market

About This Home

As of July 2021

1306 & 1304! Wonderful opportunity. Side by side duplex, well cared for! New furnace and AC in both units. Newer roof and new windows. This is your chance to invest in a sure thing! Sold As Is!

Last Agent to Sell the Property

Marie Schulte

RUHL & RUHL REALTORS® Listed on: 06/04/2021

RUHL & RUHL REALTORS®

Last Buyer's Agent

Marie Schulte

RUHL & RUHL REALTORS® Listed on: 06/04/2021

RUHL & RUHL REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,214

Year Built

  • 1977

Lot Details

  • 7,405

Home Design

  • 1,664 Sq Ft Home
  • Frame Construction
  • Aluminum Siding

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Additional Features

  • Laundry in unit
  • 7,405 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,214

Year Built

1977

Lot Details

0

Listing Details

  • Acres: 0.1700
  • City Name: Marion
  • Gross Tax: 3214
  • Last City Inspection: Spring21
  • List User Cell Phone: 319-350-2450
  • Miscellaneous: Basement, Unit Laundry
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 1.01622
  • Ratio Close Price By Original Li: 1.01622
  • Ratio Current Price By Sq Ft: 112.98
  • Total Sq Ft: 1664
  • Style St: Side/Side
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Utilities

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

Schools

  • Elementary School: Longfellow
  • Middle School: Vernon
  • High School: Marion

Lot Info

  • Lot Size: 7,476

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2007
Sold by
Hobbs Rachael A and Hobbs Rachel A
Bought by
Melichar Sarah A and Melichar Robert J
Total Days on Market
2
Current Estimated Value
$185,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,570
Outstanding Balance
$78,492
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$101,969

Purchase Details

Closed on
May 16, 2005
Sold by
Mellody Harold J
Bought by
Hobbs Rachael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,247
Interest Rate
6.13%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 2004
Sold by
Interbay Funding Llc
Bought by
Mellody Harold J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
5.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 1, 2003
Sold by
Hansen Joseph K and Hansen Kimberly Y
Bought by
Interbay Funding Llc

Purchase Details

Closed on
Sep 30, 1999
Sold by
Little Michael A and Estate Of Mary A Little
Bought by
Hansen Joseph K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,260
Interest Rate
7.93%
Source: Public Records

Similar Home in Marion, IA

  • 360 15th St, Marion, IA 52302

    $175,000

    • 4 Beds
    • 2 Baths
    • 1,472 Sq Ft
    • 360 15th St
    • Marion, IA

    A great, almost totally updated duplex near school, shopping - everything! Each tenant has a deck and 1- car garage with storage. Updates include full interior renovation in 2018 including paint, flooring, bathtubs, blown-in attic insulation, doors, and more. Exterior painted in 2024. New roof and gutters in 2021. New picture window and slider in 2024. Each unit has its own washer and dryer.

    Ron Mockler Mockler Real Estate, LLC

    Section Image

Range of Values:

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Average Value
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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
Melichar Sarah A $118,000 None Available
Hobbs Rachel A $95,500 --
Mellody Harold J $47,500 --
Interbay Funding Llc $59,900 --
Hansen Joseph K $57,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melichar Sarah A $12,605
Open Melichar Sarah A $117,570
Previous Owner Hobbs Rachel A $95,247
Previous Owner Mellody Harold J $45,600
Previous Owner Hansen Joseph K $56,260
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2021 07/06/21 Sold $188,000 +1.6% $113 / Sq Ft
06/06/2021 06/06/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $185,000 -- $111 / 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 $2,818 $162,200 $18,200 $144,000
2022 $2,612 $126,600 $18,200 $108,400
2021 $2,612 $121,500 $18,200 $103,300
2020 $2,612 $115,500 $18,200 $97,300
2019 $2,270 $112,500 $18,200 $94,300
2018 $2,202 $112,500 $18,200 $94,300
2017 $2,366 $109,700 $18,200 $91,500
2016 $2,366 $109,700 $18,200 $91,500
2015 $2,357 $109,700 $18,200 $91,500
2014 $2,164 $109,700 $18,200 $91,500
2013 $1,918 $109,700 $18,200 $91,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2103750

Cedar Rapids Area Association of REALTORS®

APN: 10313-57006-00000