NOT LISTED FOR SALE

148 33rd St NE Cedar Rapids, IA 52402

Kenwood Park Neighborhood

Estimated Value: $124,000 - $168,000

3 Beds
1 Bath
1,244 Sq Ft
$114/Sq Ft Est. Value

Sale Details

Date Sold: March 20, 2023

Last sale price $2,250,000 $1,809 Per Sq Ft

Current estimated payment $944 / mo

151 Days on Market

About This Home

As of March 2023

This is a great investment opportunity to purchase 23 single family homes. Immediate Cash Flow!
The pictures attached are of one of the rentals located at 148 33rd St NE.
*The homes range in size from 2 bedroom homes to 5 bedroom homes.
*16 of the properties have new roofs.
*21 properties have basements, 2 are built on slabs.
*All kitchen appliances remain and all homes have central air.
*All of the houses are within a 1 mile radius of each other, except for one. 20 homes are located on the NE side, 2 on the SE side and 1 in Marion.
*2 houses are currently vacant. As of 12/1/22, nine houses have leases and the rest are month to month.
Gross monthly rent is $26,000 when all are occupied.
Seller will not divide up the properties - properties will be sold as one package deal.
*All information deemed reliable, but not guaranteed. Info was obtained from the assessor’s site and from the seller directly.

Last Agent to Sell the Property

Teri Fleming

Realty87 Listed on: 08/29/2022

Realty87

Last Buyer's Agent

Matt McCurdy

Investor Edge Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,146

Year Built

  • 1906

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 40 x 185

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • 1,244 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,146

Year Built

1906

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Style: Ranch
  • Acres: 0.1700
  • Above Grade Finished Sq Ft: 1244
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Gross Tax: 2146
  • List User Cell Phone: 319-491-6391
  • Net Tax: 2146
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.90000
  • Ratio Close Price By Original Li: 0.90000
  • Ratio Current Price By Sq Ft: 1808.68
  • Total Sq Ft: 1244
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1906

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 2: 3
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame

Garage/Parking

  • Garage/Parking: 1 Car, Detached

Lot Info

  • Lot Size: 40 x 185

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Mar 20, 2023
Sold by
Bought by
Seller's Agent
Teri Fleming
Realty87
Buyer's Agent
Matt McCurdy
Investor Edge Real Estate
List Price
$2,500,000
Sold Price
$2,250,000
Premium/Discount to List
-$250,000
-10%
Views
133
Current Estimated Value
$142,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,107,584
Avg. Annual Appreciation
-56.13%
Original Mortgage
$91,023
Interest Rate
0.0609%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 10, 2012
Closed on
Sep 28, 2012
Sold by
Bought by
Seller's Agent
Nancy Stevens
IOWA REALTY
Buyer's Agent
Matthew Soukup
REALTY SOLUTIONS, LLC
List Price
$83,500
Sold Price
$71,500
Premium/Discount to List
-$12,000
-14.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.97%
Original Mortgage
$58,380
Interest Rate
0.0358%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$101,500 --
$71,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $91,023
Previous Owner $58,380
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2023 03/20/23 Sold $2,250,000 -10.0% $1,809 / Sq Ft
01/27/2023 01/27/23 Pending -- -- --
12/07/2022 12/07/22 For Sale $2,500,000 0.0% $2,010 / Sq Ft
10/29/2022 10/29/22 Pending -- -- --
08/29/2022 08/29/22 For Sale $2,500,000 +3396.5% $2,010 / Sq Ft
09/28/2012 09/28/12 Sold $71,500 -14.4% $52 / Sq Ft View Prior Sale
08/24/2012 08/24/12 Pending -- -- --
07/10/2012 07/10/12 For Sale $83,500 -- $60 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,020 $114,900 $24,600 $90,300
2024 $2,252 $113,300 $24,600 $88,700
2023 $2,252 $114,200 $24,600 $89,600
2022 $2,146 $106,800 $22,500 $84,300
2021 $2,060 $103,600 $19,300 $84,300
2020 $2,060 $93,400 $19,300 $74,100
2019 $1,862 $86,400 $18,200 $68,200
2018 $1,810 $86,400 $18,200 $68,200
2017 $1,916 $94,200 $18,200 $76,000
2016 $1,916 $90,100 $18,200 $71,900
2015 $1,908 $89,670 $19,260 $70,410
2014 $1,908 $91,871 $19,260 $72,611
2013 $1,914 $91,871 $19,260 $72,611
Source: Public Records

Agents Affiliated with this Home

  • Teri Fleming

    Seller's Agent in 2023

    Teri Fleming

    Realty87

    (319) 491-6391

    7 in this area

    106 Total Sales

    Teri Fleming
    Section Image

  • M

    Buyer's Agent in 2023

    Matt McCurdy

    Investor Edge Real Estate

    (319) 450-6447

    2 in this area

    21 Total Sales

    Matt McCurdy
    Section Image

  • N

    Seller's Agent in 2012

    Nancy Stevens

    IOWA REALTY

    Section Image

  • M

    Buyer's Agent in 2012

    Matthew Soukup

    REALTY SOLUTIONS, LLC

    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2208131

Cedar Rapids Area Association of REALTORS®

APN: 14113-29018-00000

Iowa Linn County Cedar Rapids 52402 Kenwood Park

148 33rd St NE, Cedar Rapids, IA

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.