NOT LISTED FOR SALE

1312 22nd Ave SW Cedar Rapids, IA 52404

Estimated Value: $99,000 - $113,718

2 Beds
2 Baths
871 Sq Ft
$125/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $87,500 $100 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $781/month

42 Days on Market

Highlights

  • Forced Air Cooling System
  • Shed
  • Fenced

About This Home

As of June 2018

Unique property with 2 one bedroom houses on one lot! Both have been investment properties but front unit would make a great owner occupied with rear rented out to help support monthly house payment! Or maybe mother-n-law quarters. Front unit completely remodeled with new siding, windows, doors, all new paint, flooring, wall air unit, remodeled bath and kitchen with brand new appliances. 2 houses for 1 and a must see in this price range! House off the alley is cute and has newer siding and windows also. Both have basements. Insurance is $639 per year and taxes are $1282 per year. Projected rents approximately $1,100 per month.

Last Listed By

Diona Carpenter

SKOGMAN REALTY Listed on: 04/27/2018

SKOGMAN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,282

Year Built

  • 1946

Lot Details

  • Lot Dimensions are 40 x 140
  • Fenced

Home Design

  • 871 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Outdoor Features

  • Shed

Utilities

  • Forced Air Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Gross Income $1,100

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,282

Year Built

1946

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 1282
  • Last City Inspection: 2013
  • List User Cell Phone: 319-360-2124
  • Miscellaneous: Basement, Fencing, Parking Spaces, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water, Shed, Ten Storag
  • Net Tax: 1282
  • Noof Units One Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.92154
  • Ratio Close Price By Original Li: 0.87544
  • Ratio Current Price By Sq Ft: 100.46
  • Total Sq Ft: 871
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1946

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

  • Heating Cooling: Forced Air, Gas Heat, Window/Wall Air

Schools

  • Elementary School: Van Buren
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: 40 X 140

Rental Info

  • Total Expenses: 639

Multi Family

  • Gross Income: 1100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2024
Sold by
J & J Bonner Llc
Bought by
Jdm Concrete Llc
Total Days on Market
42
Current Estimated Value
$108,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Outstanding Balance
$82,350
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$29,572

Purchase Details

Listed on
Apr 27, 2018
Closed on
Jun 28, 2018
Sold by
Harrington Lisa K and Jones Randal Wayne
Bought by
J & J Bonner Llc
Seller's Agent
Diona Carpenter
SKOGMAN REALTY
Buyer's Agent
Bob Kalous
SKOGMAN REALTY
List Price
$94,950
Sold Price
$87,500
Premium/Discount to List
-$7,450
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.64%
Original Mortgage
$67,405
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 30, 2006
Sold by
Haines Dennis R and Cheney Judy A
Bought by
Becker John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,584
Interest Rate
6.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 27, 2006
Sold by
Becker John F
Bought by
Carpenter Diona A and Harrington Lisa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,584
Interest Rate
6.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 11, 2002
Sold by
Dr James Hamilton 401 K Profit Sharing P
Bought by
Dr James Hamilton 401 K Profit Sharing P and Guaranty Bank & Trust Company

Purchase Details

Closed on
Jun 28, 2001
Sold by
Contract Exchange Corp
Bought by
Dr James Hamilton 401K Profit Sharing Pl and American Trust & Svgs Bank

Purchase Details

Closed on
Jun 1, 2001
Sold by
Riley Harold R and Riley Harold Ray
Bought by
Contract Exchange Corp

Purchase Details

Closed on
Nov 20, 2000
Sold by
Riley Harold R
Bought by
Becker John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
8.75%
Mortgage Type
Seller Take Back

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
Jdm Concrete Llc $110,000 None Listed On Document
J & J Bonner Llc $87,500 None Available
Becker John F $27,500 None Available
Carpenter Diona A $56,000 None Available
Dr James Hamilton 401 K Profit Sharing P -- --
Dr James Hamilton 401K Profit Sharing Pl -- --
Contract Exchange Corp -- --
Becker John F $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jdm Concrete Llc $82,500
Previous Owner J & J Bonner Llc $150,000
Previous Owner J & J Bonner Llc $67,405
Previous Owner Carpenter Diona A $48,584
Previous Owner Becker John F $23,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $87,500 -7.8% $100 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $94,950 0.0% $109 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
05/16/2018 05/16/18 Price Changed $94,950 -5.0% $109 / Sq Ft
04/27/2018 04/27/18 For Sale $99,950 -- $115 / 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 $2,124 $110,600 $20,000 $90,600
2022 $1,914 $100,700 $18,000 $82,700
2021 $1,878 $92,400 $17,000 $75,400
2020 $1,878 $85,100 $15,000 $70,100
2019 $1,444 $67,000 $15,000 $52,000
2018 $1,404 $67,000 $15,000 $52,000
2017 $1,252 $58,900 $15,000 $43,900
2016 $1,252 $58,900 $15,000 $43,900
2015 $1,346 $63,245 $15,000 $48,245
2014 $1,346 $63,245 $15,000 $48,245
2013 $1,316 $63,245 $15,000 $48,245
Source: Public Records

Agents Affiliated with this Home

  • Diona Carpenter

    Seller's Agent in 2018

    Diona Carpenter

    SKOGMAN REALTY

    (319) 360-2124

    87 Total Sales

    Diona Carpenter
    Section Image

  • B

    Buyer's Agent in 2018

    Bob Kalous

    SKOGMAN REALTY

    (319) 521-8000

    83 Total Sales

    Bob Kalous
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1802882

Cedar Rapids Area Association of REALTORS®

APN: 14322-81029-00000

Iowa Linn County Cedar Rapids 52404

1312 22nd Ave SW, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 1312 22nd Ave SW, Cedar Rapids, IA 52404 since 27 April 2018 and is currently estimated at $108,930, approximately $125 per square foot. This property was built in 1946. 1312 22nd Ave SW is a home located in Linn County with nearby schools including Wilson Middle School, Thomas Jefferson High School, and Trinity Lutheran 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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