Seller's Agent in 2024
Craig Byers
Q4 Real Estate
(319) 200-8130
2 in this area
122 Total Sales
1606 Ellis Blvd NW Cedar Rapids, IA 52405
Northwest Area Neighborhood
12
Beds
12
Baths
794
Sq Ft
1.32
Acres
Highlights
- Living Room
- Property is near schools
- Dining Room
- John F. Kennedy High School Rated A-
- Central Air
- Ceiling Fan
About This Home
As of December 2024Ellis Flats is a 3 bed/2.5-bathroom duplex property with 12 units in total. These luxury units include a two-stall attached garage, extended storage on each level, washer/dryer in unit, and an exclusive rooftop patio where all residents may enjoy their free time in warmer months. Interior finishes include stainless steel kitchen appliances, granite counter tops, tile back-splash, built-in breakfast bar, separate dining area, & more. Ellis Flats is just minutes from the ever-popular Ellis Park. This park has an 18-hole golf course, water skiing facilities, ball diamonds, swimming pool, tennis courts, sand volleyball courts, & more. ***48 hour notice to show and no weekend showings***
Last Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $620
Year Built
- Built in 2019
Parking
- 2 Parking Spaces
Interior Spaces
- 794 Sq Ft Home
- Ceiling Fan
- Living Room
- Dining Room
Kitchen
- Oven or Range
- Dishwasher
Accessible Home Design
- Stepless Entry
Location
- Property is near schools
- Property is near shops
Schools
- Harrison Elementary School
- Roosevelt Middle School
- Kennedy High School
Utilities
- Central Air
- Heating System Uses Gas
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 142013004200000 - Multiple
Community Details
Overview
- Association fees include bldg&liability insurance, exterior maintenance, garbage pickup, grounds maintenance, heating/cooling, pest control/termite, security, sewer, water
- 12 Units
- Nw Quadrant Subdivision
Pet Policy
- Call for details about the types of pets allowed
Building Details
- Security
- Electric Expense $197
- Fuel Expense $197
- Insurance Expense $15,500
- Maintenance Expense $8,171
- Water Sewer Expense $468
- Gross Income $238,813
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2024
Closed on
Dec 23, 2024
Sold by
N & M Investments Llc
Bought by
Bethel Realty Ia Llc
Seller's Agent
Craig Byers
Q4 Real Estate
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$2,690,000
Sold Price
$2,499,500
Premium/Discount to List
-$190,500
-7.08%
Views
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$629,993
Avg. Annual Appreciation
-12.86%
Original Mortgage
$1,460,000
Outstanding Balance
$1,456,274
Interest Rate
6.84%
Mortgage Type
Credit Line Revolving
Estimated Equity
$880,226
Purchase Details
Closed on
Nov 1, 2019
Sold by
The Depot Development Llc
Bought by
N & M Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,279
Interest Rate
3.6%
Mortgage Type
Credit Line Revolving
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,499,500 | None Listed On Document | |
| Warranty Deed | $2,499,500 | None Listed On Document | |
| Warranty Deed | $1,272,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,460,000 | Credit Line Revolving | |
| Closed | $1,460,000 | Credit Line Revolving | |
| Previous Owner | $387,279 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/23/2024 12/23/24 | Sold | $2,499,500 | -7.1% | $3,148 / Sq Ft |
| 09/17/2024 09/17/24 | For Sale | $2,690,000 | -12.5% | $3,388 / Sq Ft |
| 10/14/2021 10/14/21 | Sold | -- | -- | -- |
| 10/14/2021 10/14/21 | Pending | -- | -- | -- |
| 10/14/2021 10/14/21 | For Sale | $3,075,000 | -- | $2,245 / Sq Ft |
Source: Iowa City Area Association of REALTORS®
Tax History Compared to Growth
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 | $620 | $222,800 | $18,600 | $204,200 |
| 2022 | $570 | $180,100 | $18,600 | $161,500 |
| 2021 | $368 | $27,500 | $16,700 | $10,800 |
| 2020 | $368 | $16,700 | $16,700 | $0 |
| 2019 | $320 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Craig Byers
-
N
Buyer's Agent in 2024
Nonmember NONMEMBER
NONMEMBER
Map
Source: Iowa City Area Association of REALTORS®
MLS Number: 202405310
APN: 14201-30031-00000
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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing information is deemed reliable, but not guaranteed accurate by the MLS.
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