$82,000
SOLD MAR 15, 2018
-- Bed
-- Bath
2,018 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$41 Per Sq Ft

4% Below List Price

101 Days on Market

About This Home

As of August 2023

This home is located at 1532 5th Ave SE, Cedar Rapids, IA 52403 and is currently priced at $82,000, approximately $40 per square foot. This property was built in 1914. 1532 5th Ave SE is a home located in Linn County with nearby schools including Johnson Elementary School, McKinley STEAM Academy, and George Washington High School.

Last Agent to Sell the Property

Steven C Peterson

RE/MAX CONCEPTS Listed on: 10/24/2017

RE/MAX CONCEPTS

Last Buyer's Agent

Tim Sebetka

Realty87

Property Details

Home Type

  • Multi-Family

Year Built

  • 1914

Lot Details

  • Lot Dimensions are 50 x 140

Parking

  • Garage

Home Design

  • 2,018 Sq Ft Home
  • Frame Construction

Utilities

  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Gross Income $21,600

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

1914

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 2066
  • List User Cell Phone: 319-551-3375
  • Miscellaneous: Garage, Sep. Meter – Electric, Ten Storag
  • Net Tax: 2066
  • Noof Units One Bedroom: 4
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.96471
  • Ratio Close Price By Original Li: 0.96471
  • Ratio Current Price By Sq Ft: 40.63
  • Total Sq Ft: 2018
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Electricity
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1914

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Utilities

  • Heating Cooling: Gas Heat

Schools

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

Lot Info

  • Lot Size: 50 X 140

Rental Info

  • Owner Pays: Water, Gas

Multi Family

  • Gross Income: 21600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Aug 7, 2023
Sold by
Wingshooter Properties Llc
Bought by
Clingan-Siverly Michael
Seller's Agent
Justin Sloan
Pinnacle Realty LLC
Buyer's Agent
Mike Selling Team
GRAF REAL ESTATE, ERA POWERED
List Price
$149,900
Sold Price
$149,900
Views
33
Current Estimated Value
$150,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,094
Avg. Annual Appreciation
-1.98%
Original Mortgage
$112,425
Outstanding Balance
$110,367
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$33,771

Purchase Details

Closed on
Nov 25, 2019
Sold by
Phillips Zackary and Phillips Sabrina
Bought by
Wingshooter Properties Llc

Purchase Details

Listed on
Oct 24, 2017
Closed on
Mar 15, 2018
Sold by
Scollon Sandra Jo and Hoben Sheryl Christine
Bought by
Phillips Zackary and Phillips Sabrina
Seller's Agent
Steven C Peterson
RE/MAX CONCEPTS
Buyer's Agent
Tim Sebetka
Realty87
List Price
$85,000
Sold Price
$82,000
Premium/Discount to List
-$3,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Original Mortgage
$69,700
Interest Rate
4.38%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 24, 2017
Closed on
Mar 1, 2018
Sold by
Houghton Donald R
Bought by
Phillips Zackary and Phillips Sabrina
Seller's Agent
Steven C Peterson
RE/MAX CONCEPTS
Buyer's Agent
Tim Sebetka
Realty87
List Price
$85,000
Sold Price
$82,000
Premium/Discount to List
-$3,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,700
Interest Rate
4.38%
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
Quit Claim Deed -- None Available
Deed $41,000 None Available
Warranty Deed $41,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,425 New Conventional
Previous Owner $69,700 Future Advance Clause Open End Mortgage
Previous Owner $69,700 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $149,900 0.0% $74 / Sq Ft
07/08/2023 07/08/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $149,900 +82.8% $74 / Sq Ft
03/15/2018 03/15/18 Sold $82,000 -3.5% $41 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
10/24/2017 10/24/17 For Sale $85,000 -- $42 / 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 $1,778 $103,700 $21,400 $82,300
2022 $1,974 $84,300 $21,400 $62,900
2021 $2,072 $80,900 $18,000 $62,900
2020 $2,072 $78,500 $15,800 $62,700
2019 $1,860 $65,500 $15,800 $49,700
2018 $1,944 $65,500 $15,800 $49,700
2017 $2,036 $61,600 $15,800 $45,800
2016 $2,036 $61,800 $15,800 $46,000
2015 $2,556 $74,410 $15,750 $58,660
2014 $2,556 $69,318 $11,340 $57,978
2013 $2,520 $69,318 $11,340 $57,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1709538

Cedar Rapids Area Association of REALTORS®

APN: 14223-03030-00000