NOT LISTED FOR SALE

Estimated Value: $146,573 - $201,000

5 Beds
3 Baths
2,526 Sq Ft
$66/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $125,000 $49 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,065/month

About This Home

As of October 2021

This home is located at 1600 D Ave NE, Cedar Rapids, IA 52402 since 24 August 2021 and is currently estimated at $167,191, approximately $66 per square foot. This property was built in 1890. 1600 D Ave NE is a home located in Linn County with nearby schools including Franklin Middle School, George Washington High School, and St. Matthew School.

Last Agent to Sell the Property

Dakota Beyer

Pinnacle Realty LLC Listed on: 08/24/2021

Pinnacle Realty LLC

Last Buyer's Agent

Dakota Beyer

Pinnacle Realty LLC Listed on: 08/24/2021

Pinnacle Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,342

Year Built

  • 1890

Lot Details

  • Lot Dimensions are 53x100

Parking

  • Garage

Home Design

  • 2,526 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Community Details

  • Gross Income $20,700

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,342

Year Built

1890

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • Gross Tax: 2342
  • List User Cell Phone: 319-241-2639
  • Miscellaneous: Basement, Garage
  • Noof Units Efficiency: 1
  • Noof Units Three Bedroom: 1
  • Noof Units Two Bedroom: 1
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 49.49
  • Total Sq Ft: 2526
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Electricity
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Lot Info

  • Lot Size: 53x100

Rental Info

  • Owner Pays: Water
  • Total Expenses: 10793

Multi Family

  • Gross Income: 20700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Sep 30, 2021
Sold by
Benders Lawn Care Inc
Bought by
Thomas Contracting Llc
Seller's Agent
Dakota Beyer
Pinnacle Realty LLC
Buyer's Agent
Dakota Beyer
Pinnacle Realty LLC
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$167,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,191
Avg. Annual Appreciation
7.01%
Original Mortgage
$100,000
Outstanding Balance
$88,455
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$78,736

Purchase Details

Closed on
Aug 15, 2016
Sold by
Sfd Llc
Bought by
Bender Lawn Care Inc

Purchase Details

Closed on
Nov 9, 2007
Sold by
Demeulenaere Steven F and Demeulenaere Elizabeth J
Bought by
Sfd Llc

Purchase Details

Closed on
Mar 31, 2006
Sold by
Franck Kevin E and Franck Brenda L
Bought by
Demeulenaere Steven F and Demeulenaere Elizabeth J
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

Date Buyer Sale Price Title Company
Thomas Contracting Llc $125,000 None Available
Bender Lawn Care Inc -- None Available
Sfd Llc -- None Available
Demeulenaere Steven F $47,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Contracting Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2021 10/01/21 Sold $125,000 0.0% $49 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $125,000 -- $49 / 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
2025 $2,278 $137,600 $25,000 $112,600
2024 $2,252 $128,700 $25,000 $103,700
2023 $2,252 $128,700 $25,000 $103,700
2022 $2,300 $106,800 $25,000 $81,800
2021 $2,226 $94,300 $20,500 $73,800
2020 $2,226 $84,300 $15,900 $68,400
2019 $1,972 $69,400 $15,900 $53,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2106023

Cedar Rapids Area Association of REALTORS®

APN: 14153-56014-00000