C
Seller's Agent in 2024
Chris Puckett
Realty87
3 in this area
36 Total Sales
1534 3rd Ave SE Cedar Rapids, IA 52403
Wellington Heights Neighborhood
--
Bed
--
Bath
2,080
Sq Ft
8,407
Sq Ft Lot
Highlights
- Cooling System Mounted To A Wall/Window
- Wood Siding
- 2-minute walk to Redmond Park
About This Home
As of November 2024Welcome to this well-maintained 4-plex located on the vibrant SE side. This property features four spacious one-bedroom units, offering a fantastic opportunity for investors or those looking to live in one unit while renting out the others.
Unit 1: Completely remodeled from the floor up, showcasing modern finishes and stylish updates.
Unit 2: Recently upgraded with brand-new carpet, providing a fresh and inviting space.
Units 3 & 4: While they could benefit from some updating, both units are in good condition and pass city inspection.
Tenants are responsible for gas and electric, adding to the property's appeal as a low-maintenance investment. Don’t miss out on this opportunity to own a well-located multi-family building with great income potential.
Contact us today to schedule a viewing and explore the possibilities!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,792
Year Built
- Built in 1900
Home Design
- Frame Construction
- Wood Siding
Interior Spaces
- 2,080 Sq Ft Home
- Basement Fills Entire Space Under The House
Schools
- Grant Wood Elementary School
- Mckinley Middle School
- Washington High School
Additional Features
- Lot Dimensions are 60 x 140
- Cooling System Mounted To A Wall/Window
Community Details
- 4 Units
- Gross Income $27,600
Listing and Financial Details
- Assessor Parcel Number 142227902300000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2024
Closed on
Nov 17, 2024
Sold by
Green Ryan T
Bought by
Caceda Ricardo and Caceda Jessica Carbajal
Seller's Agent
Chris Puckett
Realty87
Buyer's Agent
Tim Nash
SKOGMAN REALTY
List Price
$155,900
Sold Price
$135,000
Premium/Discount to List
-$20,900
-13.41%
Views
23
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$538
Avg. Annual Appreciation
-0.49%
Original Mortgage
$94,500
Outstanding Balance
$93,687
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$40,775
Purchase Details
Listed on
Sep 29, 2023
Closed on
Nov 2, 2023
Sold by
3Rd Avenue Se Llc
Bought by
Green Ryan T
Seller's Agent
Jeremy Trenkamp
Realty87
Buyer's Agent
Chris Puckett
Realty87
List Price
$119,000
Sold Price
$97,000
Premium/Discount to List
-$22,000
-18.49%
Views
32
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.00%
Purchase Details
Closed on
Sep 22, 2016
Sold by
1534 2Nd Avenue Se Residential Co Op
Bought by
2Nd Avenue Se Llc
Purchase Details
Closed on
Dec 27, 2011
Sold by
Mjmac Enterprises Llc
Bought by
1534 Third Avenue Residential Co Op
Purchase Details
Closed on
Aug 12, 2011
Sold by
Holub Daniel J and Ligendza Agnieszka
Bought by
Mjmac Enterprises Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
4.32%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Feb 9, 2011
Sold by
Holub Daniel J and Ligendza Agnieszka
Bought by
Mjmac Enterprises Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,930
Interest Rate
6.5%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 1, 2006
Sold by
Ludvicek Michael Ernest and Ludvicek Chalet M
Bought by
Holub Daniel J and Ligendza Agnieszka
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.88%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 6, 2003
Sold by
Garbers Donald F and Wise Jeanette Elizabeth
Bought by
Ludvicek Michael Ernest
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
6.33%
Mortgage Type
Unknown
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $135,000 | None Listed On Document | |
| Warranty Deed | $135,000 | None Listed On Document | |
| Warranty Deed | $97,000 | None Listed On Document | |
| Warranty Deed | $97,000 | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $69,500 | None Available | |
| Contract Of Sale | $70,000 | None Available | |
| Warranty Deed | $99,500 | None Available | |
| Warranty Deed | $84,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $94,500 | New Conventional | |
| Closed | $94,500 | New Conventional | |
| Previous Owner | $76,800 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $57,930 | Seller Take Back | |
| Previous Owner | $75,000 | Unknown | |
| Previous Owner | $76,800 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/19/2024 11/19/24 | Sold | $135,000 | -10.0% | $65 / Sq Ft |
| 11/06/2024 11/06/24 | Pending | -- | -- | -- |
| 08/28/2024 08/28/24 | Price Changed | $150,000 | -3.8% | $72 / Sq Ft |
| 08/19/2024 08/19/24 | For Sale | $155,900 | +60.7% | $75 / Sq Ft |
| 11/03/2023 11/03/23 | Sold | $97,000 | -18.5% | $47 / Sq Ft |
| 10/13/2023 10/13/23 | Pending | -- | -- | -- |
| 09/29/2023 09/29/23 | For Sale | $119,000 | -- | $57 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 | $630 | $105,200 | $28,100 | $77,100 |
| 2023 | $630 | $101,300 | $24,200 | $77,100 |
| 2022 | $1,982 | $85,000 | $24,200 | $60,800 |
| 2021 | $1,930 | $81,200 | $20,400 | $60,800 |
| 2020 | $1,930 | $73,100 | $16,800 | $56,300 |
| 2019 | $1,758 | $61,900 | $16,800 | $45,100 |
| 2018 | $1,836 | $61,900 | $16,800 | $45,100 |
| 2017 | $1,482 | $69,700 | $16,800 | $52,900 |
| 2016 | $1,482 | $69,700 | $16,800 | $52,900 |
| 2015 | $1,890 | $88,851 | $16,800 | $72,051 |
| 2014 | $2,054 | $88,851 | $16,800 | $72,051 |
| 2013 | $1,850 | $88,851 | $16,800 | $72,051 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Puckett
-
Tim Nash
Buyer's Agent in 2024
Tim Nash
SKOGMAN REALTY
(319) 531-6324
13 in this area
135 Total Sales
-
Jeremy Trenkamp
Seller's Agent in 2023
Jeremy Trenkamp
Realty87
(319) 270-1323
17 in this area
827 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2405772
APN: 14222-79023-00000
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.
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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