$175,000
SOLD FEB 22, 2021

151 3rd St E Riverside, IA 52327

-- Bed
-- Bath
2,080 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$84 Per Sq Ft

34 Days on Market

About This Home

As of September 2021

Rare investment opportunity in Riverside. Professionally managed, well maintained and always rented. Huge detached 2 car garage with new opener that generates additional income or can be used by new owner. All new carpet in unit 151 1/2 and partially new carpet in 151. 151 also has a new water heater and dishwasher. New Larson storm door/screen in 151 1/2. Wooded lot, central air, gas heat, ample off street parking. Washer and dryer included for both units. Both units leased until 07/27/2021.

Last Agent to Sell the Property

Jill Armstrong

SKOGMAN REALTY Listed on: 01/19/2021

SKOGMAN REALTY

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,498

Year Built

  • 1975

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 75x130

Parking

  • 2 Parking Spaces

Home Design

  • 2,080 Sq Ft Home
  • Frame Construction

Laundry

  • Laundry in unit

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,498

Year Built

1975

Lot Details

0

Listing Details

  • Acres: 0.2200
  • City Name: Riverside
  • Expense Info: Owner Provided
  • Gross Tax: 2498
  • List User Cell Phone: 319-631-5455
  • Miscellaneous: Parking Spaces, Unit Laundry
  • Noof Units Two Bedroom: 2
  • 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: 84.13
  • Total Sq Ft: 2080
  • Style St: Side/Side
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1975

Exterior Features

  • Construction Methods: Frame

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

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

Schools

  • Elementary School: Highland
  • Middle School: Highland
  • High School: Highland

Lot Info

  • Lot Size: 75x130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Sep 22, 2021
Sold by
Popham Russell G
Bought by
Eliason Shannon M
Seller's Agent
Jesse Grade
SKOGMAN REALTY CORRIDOR
Buyer's Agent
Jesse Grade
SKOGMAN REALTY CORRIDOR
List Price
$129,900
Sold Price
$129,900
Current Estimated Value
$166,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,913
Avg. Annual Appreciation
4.00%
Original Mortgage
$126,003
Outstanding Balance
$116,142
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$35,025

Purchase Details

Closed on
May 5, 2010
Sold by
Becker Chad M
Bought by
Popham Russell G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,755
Interest Rate
5.16%
Mortgage Type
New Conventional
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 $130,000 None Available
Warranty Deed $86,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $126,003 New Conventional
Closed $126,003 New Conventional
Previous Owner $87,755 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $129,900 0.0% $169 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $129,900 -25.8% $169 / Sq Ft
02/22/2021 02/22/21 Sold $175,000 0.0% $84 / Sq Ft
01/19/2021 01/19/21 For Sale $175,000 -- $84 / 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
2024 $1,718 $111,300 $22,500 $88,800
2023 $1,762 $111,300 $22,500 $88,800
2022 $1,464 $97,900 $22,500 $75,400
2021 $1,464 $83,200 $22,500 $60,700
2020 $1,440 $81,100 $22,500 $58,600
2019 $1,486 $81,100 $0 $0
2018 $1,254 $71,400 $0 $0
2017 $1,252 $69,000 $0 $0
2016 $1,240 $69,000 $0 $0
2015 $1,240 $72,600 $0 $0
2014 $1,332 $72,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jill Armstrong

    Seller's Agent in 2021

    Jill Armstrong

    SKOGMAN REALTY

    (319) 631-5455

    618 Total Sales

    Section Image
  • Jesse Grade

    Seller's Agent in 2021

    Jesse Grade

    SKOGMAN REALTY CORRIDOR

    (319) 241-0579

    258 Total Sales

    Section Image

  • D

    Buyer's Agent in 2021

    Donald Fieldhouse

    Cedar Rapids Area Association of REALTORS

    (239) 774-6598

    4,914 Total Sales

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2100328

Cedar Rapids Area Association of REALTORS®

APN: 04-17-104-006

Iowa Washington County Riverside 52327

151 3rd St E, Riverside, IA

This home is located at 151 3rd St E, Riverside, IA 52327 and is currently priced at $175,000, approximately $84 per square foot. This property was built in 1975. 151 3rd St E is a home located in Washington County with nearby schools including Highland 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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