NOT LISTED FOR SALE

1500 D Ave NE Cedar Rapids, IA 52402

Mound View Neighborhood

Estimated Value: $112,581 - $124,000

2 Beds
1 Bath
2,916 Sq Ft
$40/Sq Ft Est. Value

Sale Details

Date Sold: October 21, 2019

Last sale price $90,000 $31 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $712 / mo

39 Days on Market

Highlights

  • Deck
  • Central Heating and Cooling System
  • 4-minute walk to Central Park

About This Home

As of October 2019

Investor Alert! This is one of 3 houses included in this package. Houses are consecutively next to one another. All 2 bedroom, 1 bathroom, 972 square feet with a basement. Large off street parking pad behind units. Central Air. Addresses include 512 15th St NE, 1500 D Ave NE, 1504 D Ave NE. Parcels 142222700400000, 142222700500000, 142222700600000. Houses need a lot of work. Selling "AS-IS", no concessions to repairs.

Last Agent to Sell the Property

Bryant Nicholson

Affinity Real Estate Services Listed on: 09/06/2019

Affinity Real Estate Services

Last Buyer's Agent

Adam Stradt

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,102

Year Built

  • 1912

Lot Details

  • 4,400 Sq Ft Lot
  • Lot Dimensions are 30x109

Parking

  • 6 Parking Spaces

Home Design

  • 2,916 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,102

Year Built

1912

Lot Details

4,400 Sq Ft Lot

Listing Details

  • Acres: 0.1010
  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 1102
  • List User Cell Phone: 319-853-3555
  • Miscellaneous: Basement, Common Laundry-Owned, Deck/Patio, Parking Spaces, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water
  • Net Tax: 1353
  • Noof Units Two Bedroom: 3
  • 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: 30.86
  • Total Sq Ft: 2916
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: R
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1912

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Heating Cooling: Central Air, Central Heat

Lot Info

  • Lot Size: 30x109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2020
Sold by
Vanderhamm David and Vanderhamm Kenneth
Bought by
Gelski Christopher D
Current Estimated Value
$113,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,800
Outstanding Balance
$51,698
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$65,447

Purchase Details

Listed on
Sep 6, 2019
Closed on
Oct 16, 2019
Sold by
College Investments 1 Llc
Bought by
Vanderhamm David and Vanderhamm Kenneth
Seller's Agent
Bryant Nicholson
Affinity Real Estate Services
Buyer's Agent
Adam Stradt
RE/MAX CONCEPTS
List Price
$99,900
Sold Price
$90,000
Premium/Discount to List
-$9,900
-9.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%
Original Mortgage
$246,000
Interest Rate
3.6%
Mortgage Type
Amount Keyed Is An Aggregate Amount
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
Gelski Christopher D $93,000 None Available
Vanderhamm David $90,000 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 Gelski Christopher D $55,800
Previous Owner Vanderhamm David $246,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2019 10/21/19 Sold $90,000 -9.9% $31 / Sq Ft
09/06/2019 09/06/19 For Sale $99,900 -- $34 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

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 $1,184 $91,700 $18,700 $73,000
2024 $1,560 $83,000 $18,700 $64,300
2023 $1,560 $77,400 $18,700 $58,700
2022 $1,236 $82,800 $18,700 $64,100
2021 $988 $68,600 $15,300 $53,300
2020 $988 $53,400 $13,600 $39,800
2019 $1,353 $51,100 $13,600 $37,500
2018 $1,148 $51,100 $13,600 $37,500
2017 $1,114 $49,700 $13,600 $36,100
2016 $1,114 $52,400 $13,600 $38,800
2015 $1,100 $51,678 $13,627 $38,051
2014 $1,100 $54,020 $13,627 $40,393
2013 $1,124 $54,020 $13,627 $40,393
Source: Public Records

Agents Affiliated with this Home

  • Bryant Nicholson

    Seller's Agent in 2019

    Bryant Nicholson

    Affinity Real Estate Services

    (319) 853-3555

    2 in this area

    103 Total Sales

    Bryant Nicholson
    Section Image

  • A

    Buyer's Agent in 2019

    Adam Stradt

    RE/MAX

    (319) 573-9668

    5 in this area

    55 Total Sales

    Adam Stradt
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1906667

Cedar Rapids Area Association of REALTORS®

APN: 14222-27005-00000

Iowa Linn County Cedar Rapids 52402 Mound View

1500 D Ave 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.

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