NOT LISTED FOR SALE

1335 Oakland Rd NE Cedar Rapids, IA 52402

Mound View Neighborhood

Estimated Value: $143,000 - $147,000

4 Beds
5 Baths
2,534 Sq Ft
$57/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $119,000 $47 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $925/month

About This Home

As of March 2021

This home is located at 1335 Oakland Rd NE, Cedar Rapids, IA 52402 since 09 February 2021 and is currently estimated at $145,000, approximately $57 per square foot. This property was built in 1910. 1335 Oakland Rd NE is a home located in Linn County with nearby schools including Garfield Elementary School, Franklin Middle School, and George Washington High School.

Last Agent to Sell the Property

Gunther Sandersfeld

SKOGMAN REALTY Listed on: 02/09/2021

SKOGMAN REALTY

Last Buyer's Agent

Rachael Ray

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,342

Year Built

  • 1910

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • 2,534 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Gross Income $24,000
  • Net Operating Income $9,108

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,342

Year Built

1910

Lot Details

0

Listing Details

  • Acres: 0.2200
  • City Name: Cedar Rapids
  • Expense Info: Owner Provided, Tax Return Available
  • Gross Tax: 2342
  • Last City Inspection: 2019
  • List User Cell Phone: 319-826-4122
  • Miscellaneous: Sep. Meter – Electric, Sep. Meter – Gas
  • Net Tax: 2342
  • Noof Units One Bedroom: 3
  • Noof Units Two Bedroom: 1
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 46.96
  • Total Sq Ft: 2534
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Electricity
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Multi-R
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

  • Heating Cooling: Gas Heat, Hot Water Heat, Window/Wall Air

Lot Info

  • Lot Size: Irregular

Rental Info

  • Owner Pays: Water, Gas
  • Total Expenses: 14892

Multi Family

  • Gross Income: 24000
  • Net Operating Income: 9108.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2021
Closed on
Mar 25, 2021
Sold by
Aktivum Holdings Llc
Bought by
Nelson Property & Mgmt Llc
Seller's Agent
Gunther Sandersfeld
SKOGMAN REALTY
Buyer's Agent
Rachael Ray
SKOGMAN REALTY
List Price
$119,000
Sold Price
$119,000
Current Estimated Value
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,000
Avg. Annual Appreciation
4.36%
Original Mortgage
$125,000
Outstanding Balance
$108,282
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$36,718

Purchase Details

Closed on
Feb 21, 2019
Sold by
Whitcraft Enterprises Llc
Bought by
Aktivum Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Nelson Property & Mgmt Llc $119,000 None Available
Aktivum Holdings Llc $72,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Property & Mgmt Llc $125,000
Previous Owner Aktivum Holdings Llc $57,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2021 03/31/21 Sold $119,000 0.0% $47 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $119,000 -- $47 / 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
2025 $1,926 $124,400 $32,000 $92,400
2024 $2,190 $108,800 $29,100 $79,700
2023 $2,190 $108,800 $29,100 $79,700
2022 $2,532 $103,800 $23,200 $80,600
2021 $2,226 $103,800 $23,200 $80,600
2020 $2,226 $84,300 $18,900 $65,400
2019 $2,340 $82,400 $18,900 $63,500
2018 $2,446 $82,400 $18,900 $63,500
2017 $2,212 $67,100 $18,900 $48,200
2016 $2,212 $67,100 $18,900 $48,200
2015 $2,296 $66,834 $23,242 $43,592
2014 $2,296 $79,119 $16,211 $62,908
2013 $2,878 $79,119 $16,211 $62,908
Source: Public Records

Agents Affiliated with this Home

  • Gunther Sandersfeld

    Seller's Agent in 2021

    Gunther Sandersfeld

    SKOGMAN REALTY

    (319) 826-4122

    2 in this area

    99 Total Sales

    Gunther Sandersfeld
    Section Image
  • Rachael Ray

    Buyer's Agent in 2021

    Rachael Ray

    SKOGMAN REALTY

    (319) 270-3104

    7 in this area

    184 Total Sales

    Rachael Ray
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2101841

Cedar Rapids Area Association of REALTORS®

APN: 14161-77004-00000

Iowa Linn County Cedar Rapids 52402 Mound View

1335 Oakland Rd NE, Cedar Rapids, IA

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