$43,000
SOLD NOV 9, 2018

1560 4th Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood
-- Bed
-- Bath
1,567 Sq Ft
1910 Built

Recently Sold

$27 Per Sq Ft

22% Below List Price

72 Days on Market

About This Home

As of June 2022

Investors take a look - this is a great money making opportunity! Assessed at $51,200. Move in ready affordable upper and lower multi family home. Bottom unit is a one bedroom with hookups for laundry. Upper unit is a two bedroom. Solid foundation. Newer windows. Both units have a refrigerator and stove. There is an attic space for storage or more room. Located near the Paul Engle Center for Neighborhood Arts. Seller is tax exempt, buyer to call Linn Co Assessor's office for tax estimate.

Last Agent to Sell the Property

Deanna Howard

IOWA REALTY Listed on: 07/30/2018

IOWA REALTY

Co-Listed By

Brenda Neuendorf

Pinnacle Realty LLC

Last Buyer's Agent

Taylor Bergen

Realty87

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,398

Year Built

  • 1910

Home Design

  • 1,567 Sq Ft Home
  • Frame Construction

Additional Features

  • Lot Dimensions are 30 x 75
  • Heating System Uses Gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,398

Year Built

1910

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • List User Cell Phone: 319-929-3836
  • 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: 0.86172
  • Ratio Close Price By Original Li: 0.78182
  • Ratio Current Price By Sq Ft: 27.44
  • 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

Utilities

  • Heating Cooling: Gas Heat

Schools

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

Lot Info

  • Lot Size: 30 X 75

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
$102,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,000
Avg. Annual Appreciation
14.16%
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

  • 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

    96 Total Sales

    Becky Halsch
    Section Image
  • Deanna Howard

    Seller's Agent in 2018

    Deanna Howard

    IOWA REALTY

    (319) 929-3836

    4 in this area

    89 Total Sales

    Deanna Howard
    Section Image

  • B

    Seller Co-Listing Agent in 2018

    Brenda Neuendorf

    Pinnacle Realty LLC

    53 Total Sales

    Brenda Neuendorf
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1805445

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

This home is located at 1560 4th Ave SE, Cedar Rapids, IA 52403 and is currently priced at $43,000, approximately $27 per square foot. This property was built in 1910. 1560 4th Ave SE is a home located in Linn County with nearby schools including Johnson STEAM Academy, McKinley STEAM Academy, and George Washington High School.

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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