$89,000
SOLD JUN 21, 2022
-- Bed
-- Bath
1,567 Sq Ft
1910 Built

Recently Sold

$57 Per Sq Ft

23% Below List Price

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

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

Schools

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

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

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2018
Closed on
Nov 8, 2018
Sold by
Hawkeye Area Community Action Program In
Bought by
Bergen Taylor G
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%
Current Estimated Value
$106,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,773
Avg. Annual Appreciation
14.24%
Original Mortgage
$50,000
Interest Rate
4.7%
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 $43,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $75,650 New Conventional
Closed $50,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 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
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

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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