NOT LISTED FOR SALE

Estimated Value: $223,000 - $265,620

4 Beds
2 Baths
2,286 Sq Ft
$108/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $137,500 $60 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,680/month

93 Days on Market

About This Home

As of May 2015

*COMPLETE ADDRESS IS 1309-1311 2ND AVE, IOWA CITY.

Last Agent to Sell the Property

Mark Lynch

SKOGMAN REALTY Listed on: 02/11/2015

SKOGMAN REALTY

Last Buyer's Agent

Jill Armstrong

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,418

Year Built

  • 1971

Parking

  • 2 Parking Spaces

Home Design

  • 2,286 Sq Ft Home
  • Frame Construction

Laundry

  • Laundry in unit

Utilities

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

Community Details

  • Gross Income $16,200
  • Net Operating Income $8,276

Listing and Financial Details

  • Tenant pays for electricity, gas, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,418

Year Built

1971

Lot Details

0

Listing Details

  • City Name: Iowa City
  • Gross Tax: 3418
  • List User Cell Phone: 319-331-0409
  • Miscellaneous: Parking Spaces, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water, Unit Laundry
  • Net Tax: 3418
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.94828
  • Ratio Close Price By Original Li: 0.94828
  • Ratio Current Price By Sq Ft: 60.15
  • Total Sq Ft: 2286
  • Style St: Side/Side
  • Tax Roll Number: 1014478001
  • Tenants Responsibilities Include: Electricity, Gas, Water
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: RES
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1971

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Wood

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

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

Schools

  • Elementary School: Hoover
  • Middle School: Southeast
  • High School: City

Lot Info

  • Lot Size: IRREGULAR

Rental Info

  • Total Expenses: 6518

Multi Family

  • Gross Income: 16200
  • Net Operating Income: 8276.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2021
Sold by
Next Level Real Estate Llc
Bought by
Pinter David J and Pinter Shelia
Total Days on Market
93
Current Estimated Value
$247,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Outstanding Balance
$138,245
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$103,354

Purchase Details

Listed on
Feb 11, 2015
Closed on
May 14, 2015
Sold by
Lynch Lawrence L and Lynch Julie B
Bought by
Next Level Real Estate Llc
Seller's Agent
Mark Lynch
SKOGMAN REALTY
Buyer's Agent
Jill Armstrong
SKOGMAN REALTY
List Price
$145,000
Sold Price
$137,500
Premium/Discount to List
-$7,500
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Original Mortgage
$133,000
Interest Rate
3.64%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Pinter David J $193,000 None Available
Next Level Real Estate Llc $137,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pinter David J $154,400
Previous Owner Next Level Real Estate Llc $133,000
Previous Owner Lynch Lawrence L $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2015 05/15/15 Sold $137,500 -5.2% $60 / Sq Ft
05/15/2015 05/15/15 Pending -- -- --
02/11/2015 02/11/15 For Sale $145,000 -- $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
2024 $3,990 $230,970 $41,890 $189,080
2023 $4,088 $212,120 $41,890 $170,230
2022 $3,906 $188,630 $39,430 $149,200
2021 $3,860 $188,630 $39,430 $149,200
2020 $3,860 $178,510 $36,960 $141,550
2019 $3,610 $178,510 $36,960 $141,550
2018 $3,610 $164,310 $34,500 $129,810
2017 $3,572 $164,310 $34,500 $129,810
2016 $3,576 $165,940 $34,500 $131,440
2015 $3,576 $165,940 $34,500 $131,440
2014 $3,740 $172,930 $34,500 $138,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1501223

Cedar Rapids Area Association of REALTORS®

APN: 1014478001