Holly Kreger
Pinnacle Realty LLC
(319) 320-4058
54 Total Sales
1 in Wellington Heights
$130,000 Price
1545 Washington Ave SE Cedar Rapids, IA 52403
Wellington Heights Neighborhood
2
Beds
2
Baths
1,584
Sq Ft
5,881
Sq Ft Lot
Highlights
- Living Room
- Forced Air Heating System
- 3-minute walk to Redmond Park
- Property is near schools
About This Home
As of August 2026A well-maintained and recently updated up/down duplex offering a strong investment opportunity with room to grow. This property features two functional units with desirable layouts. The upper unit includes one bedroom, a living room, dining area, and kitchen, while the lower unit offers one bedroom plus a non-conforming bedroom (no closet), along with a living room, kitchen, and one bathroom, providing added flexibility and appeal for tenants. Recent updates include fresh paint, new flooring, bathroom improvements with a tiled shower in the lower unit, and updated appliances, making the property clean, comfortable, and move-in ready. These updates help minimize immediate maintenance needs while still leaving opportunity for a new owner to further enhance the property over time. Situated on a spacious lot with mature trees and located in SE Cedar Rapids with convenient access to downtown, schools, and surrounding amenities, this property offers a great combination of stability and potential. Whether you’re looking to expand your portfolio or get started with a multi-family investment, this is a solid option with both immediate usability and future upside. *photos of upper unit*
Last Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1895
Home Design
- Frame Construction
Interior Spaces
- 1,584 Sq Ft Home
- Living Room
- Block Basement Construction
- Oven or Range
Schools
- Johnson Elementary School
- Mckinley Middle School
- Washington High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Internet Available
Additional Features
- Lot Dimensions are 42x140
- Property is near schools
Listing and Financial Details
- Assessor Parcel Number 14222-84005-00000
Community Details
Overview
- 2 Units
Building Details
- Electric Expense $1,400
- Fuel Expense $1,400
- Insurance Expense $2,667
- Maintenance Expense $444
- Water Sewer Expense $1,400
- Gross Income $22,200
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2015
Closed on
Mar 8, 2015
Sold by
Pesek Terrence J and Pesek Debora F
Bought by
Seller's Agent
Judi Mccoy
IOWA REALTY CORRIDOR
Buyer's Agent
Judi Mccoy
IOWA REALTY CORRIDOR
List Price
$47,950
Sold Price
$47,500
Premium/Discount to List
-$450
-0.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%
Original Mortgage
$50,000
Outstanding Balance
$32,703
Interest Rate
3.64%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$96,719
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Wellington Heights, IA
-
Holly Kreger
-
Jaime Hymer
Jaime Hymer
Pinnacle Realty
(319) 382-0391
320 Total Sales
12 in Wellington Heights
$55K - $200K Price Range
-
Becky Halsch
Becky Halsch
Urban Acres Real Estate Corridor
(319) 359-3309
91 Total Sales
2 in Wellington Heights
$89,000 Price Range
-
Diana Salazar
Diana Salazar
Responds QuicklySkogman Realty
(319) 820-4065
269 Total Sales
5 in Wellington Heights
$105K - $175K Price Range
-
Matthew Lepic
Matthew Lepic
Lepic-Kroeger, REALTORS
(319) 844-5316
440 Total Sales
1 in Wellington Heights
$125,000 Price
-
Jason Vestweber
Jason Vestweber
SKOGMAN REALTY
(319) 900-5760
120 Total Sales
1 in Wellington Heights
$161,750 Price
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $48,000 | 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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $50,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property 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 | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/20/2026 08/20/26 | Sold | $125,000 | -7.4% | $79 / Sq Ft | |
| 04/07/2026 04/07/26 | For Sale | $135,000 | +109.3% | $85 / Sq Ft | |
| 04/10/2023 04/10/23 | Sold | $64,500 | 0.0% | $41 / Sq Ft | View Prior Sale |
| 03/06/2023 03/06/23 | Pending | -- | -- | -- | |
| 02/28/2023 02/28/23 | Off Market | $64,500 | -- | -- | |
| 11/01/2022 11/01/22 | Price Changed | $63,000 | -3.1% | $40 / Sq Ft | |
| 10/19/2022 10/19/22 | Price Changed | $65,000 | -9.7% | $41 / Sq Ft | |
| 08/30/2022 08/30/22 | For Sale | $72,000 | +51.6% | $45 / Sq Ft | |
| 03/09/2015 03/09/15 | Sold | $47,500 | -0.9% | $30 / Sq Ft | View Prior Sale |
| 02/12/2015 02/12/15 | Pending | -- | -- | -- | |
| 02/09/2015 02/09/15 | For Sale | $47,950 | -- | $30 / Sq Ft |
Source: Iowa City Area Association of REALTORS®
Tax 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.
| 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 | $1,250 | $83,100 | $26,300 | $56,800 |
| 2024 | $1,364 | $80,200 | $23,100 | $57,100 |
| 2023 | $1,364 | $70,600 | $20,000 | $50,600 |
| 2022 | $1,180 | $64,700 | $20,000 | $44,700 |
| 2021 | $1,180 | $57,000 | $16,800 | $40,200 |
| 2020 | $1,180 | $53,500 | $16,800 | $36,700 |
| 2019 | $1,092 | $50,700 | $14,700 | $36,000 |
| 2018 | $1,062 | $50,700 | $14,700 | $36,000 |
| 2017 | $1,160 | $53,300 | $14,700 | $38,600 |
| 2016 | $1,132 | $53,300 | $14,700 | $38,600 |
| 2015 | $1,126 | $52,891 | $14,700 | $38,191 |
| 2014 | $1,126 | $52,891 | $14,700 | $38,191 |
| 2013 | $1,102 | $52,891 | $14,700 | $38,191 |
Source: Public Records
Agents Affiliated with this Home
-
Travis Gaule
Seller's Agent in 2026
Travis Gaule
Skogman Realty Co.
(319) 621-5324
10 in this area
54 Total Sales
-
NN
Buyer's Agent in 2026
Nonmember NONMEMBER
NONMEMBER
-
Tyler Donahue
Seller's Agent in 2023
Tyler Donahue
Realty87
(319) 270-1751
2 in this area
87 Total Sales
-
JM
Seller's Agent in 2015
Judi Mccoy
IOWA REALTY CORRIDOR
Map
Source: Iowa City Area Association of REALTORS®
MLS Number: 202602295
APN: 14222-84005-00000
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 consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing information is deemed reliable, but not guaranteed accurate by the MLS.
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