NOT LISTED FOR SALE

1524 C Ave NE Cedar Rapids, IA 52402

Mound View Neighborhood

Estimated Value: $99,748 - $106,000

2 Beds
2 Baths
1,271 Sq Ft
$81/Sq Ft Est. Value

Last Sold February 09, 2022

Last sale price $87,000 $68 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $756/month

21 Days on Market

About This Home

As of February 2022

Present tenant pays 550.00 per mon..no lease. Upstairs is vacant . Upstairs approx 480 sq ft, lower level is twice the size.

Last Listed By

Paul Canas

Pinnacle Realty LLC Listed on: 01/19/2022

Pinnacle Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,710

Year Built

  • 1910

Lot Details

  • Lot Dimensions are 35 x 140

Home Design

  • 1,271 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

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

Community Details

  • Gross Income $1,200

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,710

Year Built

1910

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • Gross Tax: 1710
  • List User Cell Phone: 319-981-1450
  • Miscellaneous: Parking Spaces, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water
  • Net Tax: 1710
  • Noof Units One Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.88325
  • Ratio Close Price By Original Li: 0.88325
  • Ratio Current Price By Sq Ft: 68.45
  • Total Sq Ft: 1271
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

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

Schools

  • Elementary School: Garfield
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: 35 X 140

Multi Family

  • Gross Income: 1200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2017
Closed on
Jan 18, 2018
Sold by
Shaffer Timothy K
Bought by
Zar Zar Llc
Seller's Agent
Mike Shaffer
SKOGMAN REALTY COMMERCIAL
Buyer's Agent
Joe Conner
SKOGMAN REALTY
List Price
$58,000
Sold Price
$54,000
Premium/Discount to List
-$4,000
-6.9%
Total Days on Market
21
Current Estimated Value
$103,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,249
Avg. Annual Appreciation
9.30%
Original Mortgage
$40,500
Outstanding Balance
$34,650
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$68,599

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
Zar Zar Llc $54,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zar Zar Llc $40,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2022 02/09/22 Sold $87,000 -11.7% $68 / Sq Ft
01/19/2022 01/19/22 For Sale $98,500 +82.4% $77 / Sq Ft
01/19/2018 01/19/18 Sold $54,000 -6.9% $42 / Sq Ft
12/20/2017 12/20/17 Pending -- -- --
11/29/2017 11/29/17 For Sale $58,000 -- $46 / 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 $2,212 $89,200 $19,300 $69,900
2022 $1,800 $104,900 $19,300 $85,600
2021 $1,710 $86,900 $15,800 $71,100
2020 $1,710 $77,500 $14,000 $63,500
2019 $1,592 $73,900 $14,000 $59,900
2018 $1,548 $73,900 $14,000 $59,900
2017 $1,498 $66,500 $14,000 $52,500
2016 $1,498 $70,500 $14,000 $56,500
2015 $1,392 $65,375 $14,000 $51,375
2014 $1,392 $68,537 $14,000 $54,537
2013 $1,428 $68,537 $14,000 $54,537
Source: Public Records

Agents Affiliated with this Home

  • Paul Canas

    Seller's Agent in 2022

    Paul Canas

    Pinnacle Realty LLC

    (319) 981-1450

    6 in this area

    104 Total Sales

    Paul Canas
    Section Image
  • Mike Shaffer

    Seller's Agent in 2018

    Mike Shaffer

    SKOGMAN REALTY COMMERCIAL

    (319) 366-6427

    31 Total Sales

    Mike Shaffer
    Section Image

  • J

    Buyer's Agent in 2018

    Joe Conner

    SKOGMAN REALTY

    (319) 721-0463

    23 Total Sales

    Joe Conner
    Section Image
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Map

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Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2200308

Cedar Rapids Area Association of REALTORS®

APN: 14222-26025-00000

Iowa Linn County Cedar Rapids 52402 Mound View

1524 C Ave NE, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 1524 C Ave NE, Cedar Rapids, IA 52402 since 19 January 2022 and is currently estimated at $103,249, approximately $81 per square foot. This property was built in 1910. 1524 C Ave NE is a home located in Linn County with nearby schools including Garfield Elementary School, Franklin Middle School, and George Washington High School.

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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.
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