NOT LISTED FOR SALE

1602 Oakland Rd NE Cedar Rapids, IA 52402

Estimated Value: $133,000 - $726,286

3 Beds
2 Baths
9,126 Sq Ft
$37/Sq Ft Est. Value

Last Sold December 19, 2012

Last sale price $330,000 $36 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,085/month

10 Days on Market

About This Home

As of December 2012

*INCLUDES 1606 OAKLAND RD NE, CEDAR RAPIDS. 12 one bedroom apts in one building and a older home duplex with a two bedroom lower unit and a one bedroom upper. Detached two car garage included. Convenient location on the bus line and close to the Oakland Rd Hyvee store. Good rental history. Financials available upon request. All showings require 48 hours notice and set-up through the listing agent. Listing agent is related to seller.

Last Listed By

Robert Lehman

COLDWELL BANKER HEDGES Listed on: 11/01/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,390

Year Built

  • 1965

Lot Details

  • Lot Dimensions are 105 x 225

Parking

  • Garage

Home Design

  • 9,126 Sq Ft Home
  • Frame Construction
  • Aluminum Siding
  • Stucco

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,390

Year Built

1965

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 3390
  • List User Cell Phone: 319-721-6347
  • Miscellaneous: Garage, Parking Spaces
  • Net Tax: 13390
  • Noof Units One Bedroom: 13
  • Noof Units Two Bedroom: 1
  • Property Sub Types: 5+ Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.94286
  • Ratio Close Price By Original Li: 0.94286
  • Ratio Current Price By Sq Ft: 36.16
  • Total Sq Ft: 9126
  • Style St: Flat/Apartment, Upper/Lower
  • Tax Roll Number: 141610401100000
  • Tenants Responsibilities Include: Electricity
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum, Stucco, Wood

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

  • Elementary School: Garfield
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: 105 X 225

Rental Info

  • Owner Pays: Gas, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2020
Sold by
Hutch S Properties Llc
Bought by
Second Chance Properties Llc
Total Days on Market
10
Current Estimated Value
$337,429

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 Buyer Sale Price Title Company
Second Chance Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Second Chance Properties Llc $400,000
Previous Owner Hutchs Properties Llc $102,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2012 12/19/12 Sold $330,000 -5.7% $36 / Sq Ft
11/11/2012 11/11/12 Pending -- -- --
11/01/2012 11/01/12 For Sale $350,000 -- $38 / 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
2023 $2,456 $149,300 $34,200 $115,100
2022 $2,346 $116,400 $27,400 $89,000
2021 $2,196 $113,200 $27,400 $85,800
2020 $2,196 $99,500 $22,200 $77,300
2019 $2,144 $99,500 $22,200 $77,300
2018 $2,076 $99,500 $22,200 $77,300
2017 $2,198 $99,000 $22,200 $76,800
2016 $2,198 $103,400 $22,200 $81,200
2015 $2,372 $111,510 $27,376 $84,134
2014 $2,372 $121,176 $27,376 $93,800
2013 $2,524 $121,176 $27,376 $93,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1207815

Cedar Rapids Area Association of REALTORS®

APN: 14161-04012-00000