NOT LISTED FOR SALE

Estimated Value: $116,860 - $134,000

3 Beds
2 Baths
1,372 Sq Ft
$92/Sq Ft Est. Value

Last Sold March 28, 2023

Last sale price $110,000 $80 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $879/month

7 Days on Market

About This Home

As of March 2023

SW up/down duplex, each unit previously rented for $900 & $450, landlord paid gas, electric, & water. Vacant & easy to show! Perfect property to add to your investment portfolio or for owner-operators. New roof 2022 & mostly new carpet 2023. Home could easily be converted back to 3 bed 2 bath single family. Oversized 2 car detached garage could also be rented. Buyer to verify all schools with Cedar Rapids Community School District.

Last Listed By

Steve Mcvay

RE/MAX CONCEPTS Listed on: 03/07/2023

RE/MAX CONCEPTS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,878

Year Built

  • 1900

Lot Details

  • 8,625 Sq Ft Lot
  • Lot Dimensions are 54 x 160

Parking

  • Garage

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,372 Sq Ft Home
  • Partial Basement

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Community Details

  • Gross Income $16,200

Listing and Financial Details

  • The owner pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,878

Year Built

1900

Lot Details

0

Listing Details

  • Acres: 0.1980
  • City Name: Cedar Rapids
  • Gross Tax: 1878
  • List User Cell Phone: 319-431-8663
  • Miscellaneous: Garage
  • Net Tax: 1878
  • 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: 0.93617
  • Ratio Close Price By Original Li: 0.93617
  • Ratio Current Price By Sq Ft: 80.17
  • Total Sq Ft: 1372
  • Style St: Upper/Lower
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Basement: Partial

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

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

Schools

  • Elementary School: Cedar River Academy
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: 54 X 160

Rental Info

  • Owner Pays: Water, Electricity, Gas

Multi Family

  • Gross Income: 16200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2023
Sold by
Andrews Samantha Leigh and Aubrey Tyler
Bought by
Clark Nichole L
Total Days on Market
7
Current Estimated Value
$125,620

Purchase Details

Listed on
Mar 7, 2023
Closed on
Apr 24, 2023
Sold by
Ryan John P
Bought by
Winter Robert Edward
Seller's Agent
Steve Mcvay
RE/MAX CONCEPTS
Buyer's Agent
Lisa Vecerka
COLDWELL BANKER HEDGES
List Price
$117,500
Sold Price
$110,000
Premium/Discount to List
-$7,500
-6.38%
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.13%
Original Mortgage
$88,000
Interest Rate
5.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2002
Sold by
Duball Raymond A and Duball Thelma M
Bought by
Ryan John P

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
Clark Nichole L $233,000 None Listed On Document
Winter Robert Edward $110,000 None Listed On Document
Ryan John P $24,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Winter Robert Edward $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2023 03/28/23 Sold $110,000 -6.4% $80 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $117,500 -- $86 / 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 $2,142 $120,700 $28,100 $92,600
2022 $1,878 $101,600 $28,100 $73,500
2021 $2,002 $90,700 $25,300 $65,400
2020 $2,002 $90,700 $25,300 $65,400
2019 $1,728 $80,200 $19,700 $60,500
2018 $1,498 $80,200 $19,700 $60,500
2017 $1,559 $86,400 $19,700 $66,700
2016 $1,559 $73,400 $16,700 $56,700
2015 $1,547 $72,702 $16,708 $55,994
2014 $1,362 $72,702 $16,708 $55,994
2013 $1,328 $72,702 $16,708 $55,994
Source: Public Records

Agents Affiliated with this Home

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Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2301402

Cedar Rapids Area Association of REALTORS®

APN: 14283-84007-00000