NOT LISTED FOR SALE

1615 18th St NW Cedar Rapids, IA 52405

Estimated Value: $164,000 - $186,000

6 Beds
2 Baths
2,040 Sq Ft
$86/Sq Ft Est. Value

Last Sold August 01, 2023

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

Est. 9% increase in value since last sale

Current estimated payment $1,216/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 $175,000, approximately $85 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, Roosevelt Creative Corridor Business Academy, and John F. Kennedy High School.

Last Agent to Sell the Property

Deanna Long

COLDWELL BANKER HEDGES Listed on: 05/31/2023

COLDWELL BANKER HEDGES

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

Schools

  • Elementary School: Harrison
  • Middle School: Roosevelt
  • High School: Kennedy

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
COLDWELL BANKER HEDGES
Buyer's Agent
Kyle Kloft
SKOGMAN REALTY
List Price
$160,000
Sold Price
$160,000
Total Days on Market
6
Views
15
Current Estimated Value
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,000
Avg. Annual Appreciation
5.02%

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:

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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 $97,961
Previous Owner D & D Real Estate Holdings Lc Series 9 $123,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2303490

Cedar Rapids Area Association of REALTORS®

APN: 14191-01007-00000