NOT LISTED FOR SALE

1615 18th St NW Cedar Rapids, IA 52405

Estimated Value: $175,000 - $184,000

6 Beds
2 Baths
2,040 Sq Ft
$88/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $160,000 $78 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,168/month

6 Days on Market

Highlights

  • Forced Air Cooling System
  • John F. Kennedy High School Rated A-
  • Garage

About This Home

As of August 2023

This home is located at 1615 18th St NW, Cedar Rapids, IA 52405 since 31 May 2023 and is currently estimated at $179,500, approximately $87 per square foot. This property was built in 1976. 1615 18th St NW is a home located in Linn County with nearby schools including Harrison Elementary School, Kentucky Tech - Ashland Reg Tech Center, and Ponderosa Elementary School.

Last Agent to Sell the Property

Deanna Long

Realty87 Listed on: 05/31/2023

Realty87

Last Buyer's Agent

Kyle Kloft

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,166

Year Built

  • 1976

Lot Details

  • 6,229 Sq Ft Lot

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 2,040 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Community Details

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $19,147
  • Net Operating Income $12,863

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,166

Year Built

1976

Lot Details

0

Listing Details

  • Acres: 0.1430
  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 3166
  • List User Cell Phone: 319-329-8719
  • Miscellaneous: Garage, Unit Laundry
  • Net Tax: 3166
  • Noof Units Two Bedroom: 2
  • 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: 78.43
  • Total Sq Ft: 2040
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1976

Interior Features

  • Basement: Full

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum, Brick

Utilities

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

Lot Info

  • Lot Size: .143 Acre

Rental Info

  • Pets: Pets Allowed
  • Total Expenses: 6284

Multi Family

  • Gross Income: 19147
  • Net Operating Income: 12863.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Jul 27, 2023
Sold by
D & D Real Estate Holdings Lc
Bought by
B & T Group Llc
Seller's Agent
Deanna Long
Realty87
Buyer's Agent
Kyle Kloft
SKOGMAN REALTY
List Price
$160,000
Sold Price
$160,000
Views
15
Current Estimated Value
$179,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,500
Avg. Annual Appreciation
5.04%

Purchase Details

Closed on
Sep 13, 2007
Sold by
Westercamp Keith James and Westercamp Barbara Gail
Bought by
D & D Real Estate Holdings Lc Series 9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,250
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
B & T Group Llc $160,000 None Listed On Document
D & D Real Estate Holdings Lc Series 9 $114,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner D & D Real Estate Holdings Lc Series 9 $123,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2023 08/01/23 Sold $160,000 0.0% $78 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $160,000 -- $78 / 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 $2,680 $197,500 $37,100 $160,400
2024 $2,848 $189,700 $37,100 $152,600
2023 $2,848 $151,400 $32,400 $119,000
2022 $2,648 $135,000 $32,400 $102,600
2021 $2,740 $127,800 $29,400 $98,400
2020 $2,740 $124,200 $29,400 $94,800
2019 $2,404 $111,500 $24,700 $86,800
2018 $2,336 $111,500 $24,700 $86,800
2017 $2,570 $120,900 $24,700 $96,200
2016 $2,570 $120,900 $24,700 $96,200
2015 $2,616 $122,917 $24,716 $98,201
2014 $2,616 $122,917 $24,716 $98,201
2013 $2,560 $122,917 $24,716 $98,201
Source: Public Records

Agents Affiliated with this Home

  • Deanna Long

    Seller's Agent in 2023

    Deanna Long

    Realty87

    (319) 329-8719

    111 Total Sales

    Deanna Long
    Section Image
  • Kyle Kloft

    Buyer's Agent in 2023

    Kyle Kloft

    SKOGMAN REALTY

    (319) 558-6115

    41 Total Sales

    Kyle Kloft
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2303490

Cedar Rapids Area Association of REALTORS®

APN: 14191-01007-00000

Iowa Linn County Cedar Rapids 52405

1615 18th St NW, Cedar Rapids, IA

Not Listed for Sale

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