NOT LISTED FOR SALE

1547 Bever Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $92,331 - $156,000

6 Beds
2 Baths
3,181 Sq Ft
$38/Sq Ft Est. Value

Sale Details

Date Sold: April 20, 2012

Last sale price $70,000 $22 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $785 / mo

70 Days on Market

Highlights

  • Forced Air Cooling System
  • 2 Car Garage
  • 5-minute walk to Redmond Park

About This Home

As of April 2012

Massive 3 plex featuring 2, one bedroom units, one with long term tenant and massive 3-4 bedroom unit offering exceptional cash flow or could make excellent owner occupied unit. Lots or original woodwork. Recently passed housing inspection. Mostly separate utilities.

Last Agent to Sell the Property

Curtis Cleveland

Realty87 Listed on: 12/23/2011

Realty87

Last Buyer's Agent

Wendy Christian

KW Advantage

KW Advantage

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1905

Lot Details

  • Lot Dimensions are 60 x 140

Parking

  • 2 Car Garage

Home Design

  • 3,181 Sq Ft Home
  • Frame Construction

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Community Details

  • Gross Income $17,400
  • Net Operating Income $13,400

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

1905

Lot Details

0 Sq Ft Lot

Listing Details

  • City Name: Cedar Rapids
  • Gross Tax: 2267
  • List User Cell Phone: 319-360-0708
  • Miscellaneous: Basement, Garage, Parking Spaces
  • Net Tax: 2268
  • Noof Units One Bedroom: 2
  • Noof Units Three Bedroom: 1
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.93333
  • Ratio Close Price By Original Li: 0.93333
  • Ratio Current Price By Sq Ft: 22.01
  • Total Sq Ft: 3181
  • Style St: Side/Side, Upper/Lower
  • Tax Roll Number: 142230100500000
  • Tenants Responsibilities Include: Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: MULTI/R
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1905

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Lot Info

  • Lot Size: 60 X 140

Rental Info

  • Owner Pays: Water
  • Total Expenses: 3000

Multi Family

  • Gross Income: 17400
  • Net Operating Income: 13400.00

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
Dec 23, 2011
Closed on
Apr 18, 2012
Sold by
Bought by
Seller's Agent
Curtis Cleveland
Realty87
Buyer's Agent
Wendy Christian
KW Advantage
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%
Current Estimated Value
$121,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,110
Avg. Annual Appreciation
3.89%

Purchase Details

Closed on
May 9, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,160
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Wellington Heights, IA

  • Michelle Fitzgerald Real Estate Agent - Century 21 Signature Real Estate

    Michelle Fitzgerald

    Century 21 Signature Real Estate

    (319) 409-6715

    173 Total Sales

    3 in Wellington Heights

    $122K - $230K Price Range

    Michelle Fitzgerald
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  • Holly Kreger Real Estate Agent - Pinnacle Realty LLC

    Holly Kreger

    Pinnacle Realty LLC

    (319) 320-4058

    54 Total Sales

    1 in Wellington Heights

    $130,000 Price

    Holly Kreger
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  • Jaime Hymer Real Estate Agent - Pinnacle Realty

    Jaime Hymer

    Pinnacle Realty

    (319) 382-0391

    319 Total Sales

    12 in Wellington Heights

    $55K - $200K Price Range

    Jaime Hymer
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  • Becky Halsch Real Estate Agent - Urban Acres Real Estate Corridor

    Becky Halsch

    Urban Acres Real Estate Corridor

    (319) 359-3309

    91 Total Sales

    2 in Wellington Heights

    $89,000 Price Range

    Becky Halsch
     Section Image
  • Diana Salazar Real Estate Agent - Skogman Realty

    Diana Salazar

    Responds Quickly

    Skogman Realty

    (319) 820-4065

    268 Total Sales

    5 in Wellington Heights

    $105K - $175K Price Range

    Diana Salazar
     Section Image
  • Matthew Lepic Real Estate Agent - Lepic-Kroeger, REALTORS

    Matthew Lepic

    Responds Quickly

    Lepic-Kroeger, REALTORS

    (319) 844-5316

    443 Total Sales

    1 in Wellington Heights

    $125,000 Price

    Matthew Lepic
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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 Buyer Sale Price Title Company
$70,000 None Available
$51,000 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 Borrower Loan Amount
Previous Owner $66,847
Previous Owner $67,500
Previous Owner $41,160
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
04/20/2012 04/20/12 Sold $70,000 -6.7% $22 / Sq Ft
03/02/2012 03/02/12 Pending -- -- --
12/23/2011 12/23/11 For Sale $75,000 -- $24 / Sq Ft
Source: Cedar Rapids 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 -- $108,200 $37,500 $70,700
2024 -- $101,000 $33,000 $68,000
2023 -- $92,200 $28,500 $63,700
2022 $0 $85,800 $28,500 $57,300
2021 $0 $75,600 $24,000 $51,600
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 $2,385 $0 $0 $0
2013 $2,385 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Curtis Cleveland Real Estate Agent - Realty87

    Seller's Agent in 2012

    Curtis Cleveland

    Realty87

    (319) 360-0708

    13 in this area

    138 Total Sales

    Curtis Cleveland
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1108334

Cedar Rapids Area Association of REALTORS®

APN: 14223-01005-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1547 Bever Ave SE, Cedar Rapids, IA

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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