NOT LISTED FOR SALE

1560 4th Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $99,000 - $100,000

3 Beds
2 Baths
1,567 Sq Ft
$63/Sq Ft Est. Value

Sale Details

Date Sold: June 21, 2022

Last sale price $89,000 $57 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $661 / mo

63 Days on Market

About This Home

As of June 2022

Upper lower duplex renovated in 2018. Bottom unit is vacant as of April 1, Upper unit has tenant on lease until the end of July. New roof, gutters, facia, soffit, exterior paint (except on window frames and door frames) and front porch Fall of 2020. Common entrance with laundry area and mail delivery inside. Each unit has its own furnace (2015) and includes large window AC units. Great rental history and ready to go. Listing Agent is the owner of the property and is a licensed Realtor in the state of Iowa.

Last Agent to Sell the Property

Taylor Bergen

Realty87 Listed on: 03/23/2022

Last Buyer's Agent

Becky Halsch

Urban Acres Real Estate Corridor

Urban Acres Real Estate Corridor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,404

Year Built

  • 1910

Home Design

  • 1,567 Sq Ft Home
  • Frame Construction
  • Slate

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas

Community Details

  • Gross Income $19,200
  • Net Operating Income $13,200

Listing and Financial Details

  • The owner pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,404

Year Built

1910

Lot Details

0 Sq Ft Lot

Listing Details

  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 1404
  • Last City Inspection: 2017
  • List User Cell Phone: 319-540-2626
  • Miscellaneous: Basement, Common Laundry-Owned, Deck/Patio, Rent Permit, Ten Storag
  • Net Tax: 1404
  • Noof Units One Bedroom: 1
  • Noof Units Two Bedroom: 1
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.80909
  • Ratio Close Price By Original Li: 0.77391
  • Ratio Current Price By Sq Ft: 56.80
  • Total Sq Ft: 1567
  • Style St: Upper/Lower
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Exterior Features

  • Construction Methods: Frame
  • Exterior: Slate

Utilities

  • Heating Cooling: Gas Heat, Window/Wall Air

Lot Info

  • Lot Size: Irregular

Rental Info

  • Owner Pays: Water, Electricity, Gas
  • Total Expenses: 6000

Multi Family

  • Gross Income: 19200
  • Net Operating Income: 13200.00

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

Closed on
Mar 31, 2022
Sold by
Bought by
Current Estimated Value
$99,500

Purchase Details

Listed on
Jul 30, 2018
Closed on
Nov 8, 2018
Sold by
Bought by
Seller's Agent
Deanna Howard
IOWA REALTY
Buyer's Agent
Taylor Bergen
Realty87
List Price
$55,000
Sold Price
$43,000
Premium/Discount to List
-$12,000
-21.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%
Original Mortgage
$50,000
Interest Rate
0.047%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
-- None Listed On Document
$43,000 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 $50,000
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
06/21/2022 06/21/22 Sold $89,000 -19.1% $57 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
04/19/2022 04/19/22 Price Changed $110,000 -4.3% $70 / Sq Ft
03/23/2022 03/23/22 For Sale $115,000 +167.4% $73 / Sq Ft
11/09/2018 11/09/18 Sold $43,000 -13.8% $27 / Sq Ft View Prior Sale
10/10/2018 10/10/18 Pending -- -- --
09/14/2018 09/14/18 Price Changed $49,900 -9.3% $32 / Sq Ft
07/30/2018 07/30/18 For Sale $55,000 -- $35 / 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 $1,422 $85,800 $13,700 $72,100
2024 $1,398 $91,000 $12,000 $79,000
2023 $1,398 $80,400 $10,400 $70,000
2022 $1,224 $66,300 $10,400 $55,900
2021 $1,270 $59,100 $8,800 $50,300
2020 $1,270 $57,600 $8,800 $48,800
2019 $1,194 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Taylor Bergen

    Realty87

  • Becky Halsch

    Buyer's Agent in 2022

    Becky Halsch

    Urban Acres Real Estate Corridor

    (319) 541-5880

    1 in this area

    95 Total Sales

    Becky Halsch
    Section Image
  • Deanna Howard

    Seller's Agent in 2018

    Deanna Howard

    IOWA REALTY

    (319) 929-3836

    4 in this area

    87 Total Sales

    Deanna Howard
    Section Image

  • B

    Seller Co-Listing Agent in 2018

    Brenda Neuendorf

    Pinnacle Realty LLC

    51 Total Sales

    Brenda Neuendorf
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2203083

Cedar Rapids Area Association of REALTORS®

APN: 14223-01035-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1560 4th 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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