NOT LISTED FOR SALE

1616 18th St NW Cedar Rapids, IA 52405

Estimated Value: $175,000 - $189,000

5 Beds
2 Baths
1,884 Sq Ft
$97/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $174,000 $92 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,232/month

54 Days on Market

Highlights

  • Deck
  • Forced Air Cooling System
  • Fenced
  • John F. Kennedy High School Rated A-
  • 2 Car Garage

About This Home

As of January 2024

Units are both currently rented, 24 hour notice. Tenants are on month to month. Upper unit is a 3 bedroom, 1bath and 1 stall of garage. Appliances in the upper unit will be swapped back out with the ones in garage. The lower unit is 2 bedroom, 1 bath, and 1 stall of garage.
Share laundry room. Just had city inspection. Rents are $700 and $750/month. Owner pays small part of laundry.

Last Agent to Sell the Property

Christina Axvig

COLDWELL BANKER HEDGES Listed on: 11/10/2023

COLDWELL BANKER HEDGES

Last Buyer's Agent

Tabatha Barnes

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,082

Year Built

  • 1976

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,884 Sq Ft Home
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Gross Income $17,400

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,082

Year Built

1976

Lot Details

0

Listing Details

  • Acres: 0.1800
  • City Name: Cedar Rapids
  • Gross Tax: 3082
  • Last City Inspection: 10/2023
  • List User Cell Phone: 319-721-8351
  • Miscellaneous: Common Laundry-Owned, Deck/Patio, Fencing, Garage, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water
  • Net Tax: 3082
  • 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: 0.95134
  • Ratio Close Price By Original Li: 0.91579
  • Ratio Current Price By Sq Ft: 92.36
  • Total Sq Ft: 1884
  • 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, Pour

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

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

Schools

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

Lot Info

  • Lot Size: 7,837

Multi Family

  • Gross Income: 17400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2016
Sold by
D And B Property Services Llc
Bought by
Christiansen Peter M
Total Days on Market
54
Current Estimated Value
$182,099
Source: Public Records

Range of Values:

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Average Value
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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
Christiansen Peter M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christiansen Peter M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $174,000 -4.9% $92 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
12/14/2023 12/14/23 Price Changed $182,900 -3.7% $97 / Sq Ft
11/10/2023 11/10/23 For Sale $190,000 -- $101 / 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 $3,174 $172,300 $36,800 $135,500
2022 $2,948 $150,500 $36,800 $113,700
2021 $3,060 $142,300 $33,300 $109,000
2020 $3,060 $138,700 $33,300 $105,400
2019 $2,818 $130,700 $28,000 $102,700
2018 $2,740 $130,700 $28,000 $102,700
2017 $3,188 $127,500 $28,000 $99,500
2016 $2,710 $127,500 $28,000 $99,500
2015 $2,698 $126,786 $28,017 $98,769
2014 $2,698 $126,786 $28,017 $98,769
2013 $2,640 $126,786 $28,017 $98,769
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2307375

Cedar Rapids Area Association of REALTORS®

APN: 14191-03021-00000