NOT LISTED FOR SALE

1625 D Ave NE Cedar Rapids, IA 52402

Mound View Neighborhood

Estimated Value: $95,487 - $137,000

4 Beds
2 Baths
1,600 Sq Ft
$72/Sq Ft Est. Value

Last Sold June 11, 2023

Last sale price $85,000 $53 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $779/month

74 Days on Market

About This Home

As of June 2023

Currently ready for the new owner to make any desired changes/updates and rent. LL tenant starting on 5/1/23 at $750/m, upstairs leaving vacant for now for easier showing purposes. 24 hr. notice required on 5/1/23 and after due to tenant. Nice investment opportunity, sold as is.

Last Agent to Sell the Property

Alicia Porter

RE/MAX CONCEPTS Listed on: 01/30/2023

RE/MAX CONCEPTS

Last Buyer's Agent

Karra Garcia

Pinnacle Realty LLC

Pinnacle Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,572

Year Built

  • 1924

Lot Details

  • 7,275 Sq Ft Lot
  • Lot Dimensions are 52x140

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,600 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,572

Year Built

1924

Lot Details

0

Listing Details

  • Acres: 0.1670
  • City Name: Cedar Rapids
  • Gross Tax: 1572
  • List User Cell Phone: 319-350-1093
  • Miscellaneous: Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water
  • Net Tax: 1572
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.94549
  • Ratio Close Price By Original Li: 0.81030
  • Ratio Current Price By Sq Ft: 53.12
  • Total Sq Ft: 1600
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: res
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1924

Interior Features

  • Basement: Full

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Lot Info

  • Lot Size: 52x140

Rental Info

  • Owner Pays: Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
May 5, 2023
Sold by
Crawley Andrew S and Crawley Deann
Bought by
Carlson Brian
Seller's Agent
Alicia Porter
RE/MAX CONCEPTS
Buyer's Agent
Karra Garcia
Pinnacle Realty LLC
List Price
$104,900
Sold Price
$85,000
Premium/Discount to List
-$19,900
-18.97%
Views
315
Current Estimated Value
$115,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,829
Avg. Annual Appreciation
13.64%
Original Mortgage
$63,750
Outstanding Balance
$61,942
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$53,887

Purchase Details

Listed on
Sep 19, 2012
Closed on
Nov 7, 2012
Sold by
Hartman Danny R
Bought by
Wilkes Robert C
Seller's Agent
Bob Wilkes
SKOGMAN REALTY COMMERCIAL
Buyer's Agent
Alicia Porter
RE/MAX CONCEPTS
List Price
$59,500
Sold Price
$42,500
Premium/Discount to List
-$17,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%

Purchase Details

Closed on
Mar 8, 2005
Sold by
Burke Denny Lee
Bought by
Wilkes Robert C

Purchase Details

Closed on
May 1, 2003
Sold by
Wilkes Robert C and Herndon Joyce E
Bought by
Burke Denny Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
8.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 28, 2003
Sold by
Hollingsworth Joyce Ann and Burke Joyce Ann
Bought by
Burke Denny Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
8.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 7, 2002
Sold by
Hollingsworth Joyce Ann and Burke Joyce Ann
Bought by
Burke Denny Lee
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
Carlson Brian $85,000 None Listed On Document
Carlson Brian $85,000 None Listed On Document
Wilkes Robert C -- None Available
Wilkes Robert C -- --
Burke Denny Lee -- --
Hartman Danny R $55,000 --
Wilkes Robert C $54,500 --
Burke Denny Lee -- --
Burke Denny Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlson Brian $63,750
Closed Carlson Brian $63,750
Previous Owner Hartman Danny R $51,000
Previous Owner Burke Denny Lee $31,760
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2023 06/11/23 Sold $85,000 -5.5% $53 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
03/16/2023 03/16/23 Price Changed $89,900 -10.0% $56 / Sq Ft
02/10/2023 02/10/23 Price Changed $99,900 -4.8% $62 / Sq Ft
01/30/2023 01/30/23 For Sale $104,900 +146.8% $66 / Sq Ft
11/16/2012 11/16/12 Sold $42,500 -28.6% $27 / Sq Ft View Prior Sale
10/09/2012 10/09/12 Pending -- -- --
09/19/2012 09/19/12 For Sale $59,500 -- $37 / 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 $2,020 $135,100 $27,200 $107,900
2024 $2,124 $112,100 $27,200 $84,900
2023 $2,124 $114,200 $27,200 $87,000
2022 $1,572 $100,700 $27,200 $73,500
2021 $1,650 $75,900 $22,200 $53,700
2020 $1,650 $74,800 $17,300 $57,500
2019 $1,374 $63,700 $17,300 $46,400
2018 $1,496 $63,700 $17,300 $46,400
2017 $1,306 $60,000 $17,300 $42,700
2016 $1,346 $63,300 $17,300 $46,000
2015 $1,326 $62,314 $17,290 $45,024
2014 $1,326 $65,085 $17,290 $47,795
2013 $1,356 $65,085 $17,290 $47,795
Source: Public Records

Agents Affiliated with this Home

  • Alicia Porter

    Seller's Agent in 2023

    Alicia Porter

    RE/MAX

    (319) 350-1093

    6 in this area

    226 Total Sales

    Alicia Porter
    Section Image

  • K

    Buyer's Agent in 2023

    Karra Garcia

    Pinnacle Realty LLC

    (319) 961-5143

    3 in this area

    57 Total Sales

    Karra Garcia
    Section Image

  • B

    Seller's Agent in 2012

    Bob Wilkes

    SKOGMAN REALTY COMMERCIAL

    (319) 540-1178

    2 Total Sales

    Bob Wilkes
    Section Image
  • Mike Shaffer

    Seller Co-Listing Agent in 2012

    Mike Shaffer

    SKOGMAN REALTY COMMERCIAL

    (319) 366-6427

    27 Total Sales

    Mike Shaffer
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2300631

Cedar Rapids Area Association of REALTORS®

APN: 14153-58001-00000

Iowa Linn County Cedar Rapids 52402 Mound View

1625 D Ave NE, Cedar Rapids, IA

Not Listed for Sale

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