$90,000
SOLD DEC 2, 2022

1409 Bever Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood
-- Bed
-- Bath
3,016 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$30 Per Sq Ft

10% Below List Price

6 Days on Market

About This Home

As of October 2023

Three plex in the heart of the SE side of Cedar Rapids. Newly sided building, with some newer windows in main level units. One bedroom apartment on main level, two bedroom apartment on main, and a two bedroom on the upper level. Freshly painted units, with some newer floor coverings. Tenants pay gas/electric. Owner pays sewer/water/trash. Full basement, can be secured, or install coin op washer/dryer there. Secure entry. Additional information in attachments.

Last Agent to Sell the Property

Aaron Webber

Keller Williams Legacy Group Listed on: 10/21/2022

Keller Williams Legacy Group

Co-Listed By

Ellen Webber

Keller Williams Legacy Group

Last Buyer's Agent

Z Maryland

Pinnacle Realty LLC

Pinnacle Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,464

Year Built

  • 1895

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,016 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • Gross Income $16,680

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,464

Year Built

1895

Lot Details

0

Listing Details

  • Acres: 0.1000
  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 1464
  • Last City Inspection: 10/30/22
  • List User Cell Phone: 319-560-0169
  • Miscellaneous: Rent Permit, Sep. Meter – Electric, Sep. Meter – Gas
  • Net Tax: 1464
  • Noof Units One Bedroom: 1
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.90090
  • Ratio Close Price By Original Li: 0.90090
  • Ratio Current Price By Sq Ft: 29.84
  • Total Sq Ft: 3016
  • Tenants Responsibilities Include: Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: res
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1895

Interior Features

  • Basement: Full

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

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

Schools

  • Elementary School: Johnson
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 4,447

Rental Info

  • Owner Pays: Water

Multi Family

  • Gross Income: 16680

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Oct 26, 2023
Sold by
Volgarino Rental Llc
Bought by
Tiger-Hawk Rentals Llc
Seller's Agent
Griffin Karr
Midwest Asset Group
Buyer's Agent
Alexis Kemp
RE/MAX CONCEPTS
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%
Views
26
Current Estimated Value
$122,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,090
Avg. Annual Appreciation
-4.29%
Original Mortgage
$112,500
Outstanding Balance
$110,916
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$28,069

Purchase Details

Listed on
Jan 8, 2018
Closed on
Jan 27, 2018
Sold by
Terry Timothy F
Bought by
Wrob Llc
Seller's Agent
Victoria Torres
KW Advantage
Buyer's Agent
Ellen Webber
Keller Williams Legacy Group
List Price
$57,950
Sold Price
$49,900
Premium/Discount to List
-$8,050
-13.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.42%
Original Mortgage
$39,920
Interest Rate
4.22%
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 Type Sale Price Title Company
Warranty Deed $150,000 None Listed On Document
Warranty Deed $55,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,500 New Conventional
Previous Owner $90,000 New Conventional
Previous Owner $39,920 Future Advance Clause Open End Mortgage
Previous Owner $500,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $150,000 -3.2% $70 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $155,000 +72.2% $72 / Sq Ft
12/02/2022 12/02/22 Sold $90,000 -9.9% $30 / Sq Ft
10/27/2022 10/27/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $99,900 +100.2% $33 / Sq Ft
02/28/2018 02/28/18 Sold $49,900 -13.9% $23 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $57,950 -- $27 / 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 $119 $99,900 $15,200 $84,700
2022 $125 $62,400 $15,200 $47,200
2021 $1,492 $60,000 $12,800 $47,200
2020 $168 $56,500 $12,800 $43,700
2019 $1,641 $27,800 $11,200 $16,600
2018 $824 $27,800 $11,200 $16,600
2017 $1,024 $31,100 $11,200 $19,900
2016 $1,024 $31,100 $11,200 $19,900
2015 $1,926 $56,043 $11,200 $44,843
2014 $1,926 $49,647 $6,309 $43,338
2013 $1,806 $49,647 $6,309 $43,338
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    Griffin Karr

    Midwest Asset Group

    (319) 800-1121

    3 in this area

    4 Total Sales

    Griffin Karr
    Section Image

  • A

    Buyer's Agent in 2023

    Alexis Kemp

    RE/MAX

    (319) 795-5394

    2 in this area

    255 Total Sales

    Alexis Kemp
    Section Image

  • A

    Seller's Agent in 2022

    Aaron Webber

    Keller Williams Legacy Group

    (319) 560-0169

    5 in this area

    79 Total Sales

    Aaron Webber
    Section Image

  • E

    Seller Co-Listing Agent in 2022

    Ellen Webber

    Keller Williams Legacy Group

  • Z Maryland

    Buyer's Agent in 2022

    Z Maryland

    Pinnacle Realty LLC

    (319) 431-0382

    7 in this area

    94 Total Sales

    Z Maryland
    Section Image
  • Victoria Torres

    Seller's Agent in 2018

    Victoria Torres

    KW Advantage

    (319) 440-4086

    10 in this area

    150 Total Sales

    Victoria Torres
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2209350

Cedar Rapids Area Association of REALTORS®

APN: 14223-02011-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1409 Bever Ave SE, Cedar Rapids, IA

This home is located at 1409 Bever Ave SE, Cedar Rapids, IA 52403 and is currently priced at $90,000, approximately $29 per square foot. This property was built in 1895. 1409 Bever Ave SE is a home located in Linn County with nearby schools including Johnson Elementary School, McKinley STEAM Academy, and George Washington High 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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