$42,500
SOLD NOV 16, 2012

1625 D Ave NE Cedar Rapids, IA 52402

Mound View Neighborhood
-- Bed
-- Bath
1,600 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$27 Per Sq Ft

29% Below List Price

20 Days on Market

Highlights

  • Deck
  • Forced Air Cooling System
  • Garage

About This Home

As of June 2023

NICE UPPER/LOWER, 2 BEDROOMS EACH DUPLEX WITH LARGE DETACHED GARAGE. LOWER UNIT TENANT IS A FAMILY THAT'S BEEN THERE 2 YEARS. HUSBAND MOWS THE LAWN AND GENERALLY KEEPS AN EYE ON THINGS. NEW ROOF, SIDING, FURNACES AND ATTIC INSULATION IN 2004.

Last Agent to Sell the Property

Bob Wilkes

SKOGMAN REALTY COMMERCIAL Listed on: 09/19/2012

SKOGMAN REALTY COMMERCIAL

Co-Listed By

Mike Shaffer

SKOGMAN REALTY COMMERCIAL

Last Buyer's Agent

Alicia Porter

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Property Details

Home Type

  • Multi-Family

Year Built

  • 1924

Parking

  • Garage

Home Design

  • 1,600 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

  • Forced Air Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas

Additional Features

  • Deck
  • Lot Dimensions are 52 x 140

Community Details

  • Gross Income $13,800
  • Net Operating Income $9,734

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

1924

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • Expense Info: Accnt Provided
  • Gross Tax: 1290
  • Miscellaneous: Basement, Deck/Patio, Garage, Parking Spaces, Ten Storag
  • Net Tax: 1290
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.85085
  • Ratio Close Price By Original Li: 0.71429
  • Ratio Current Price By Sq Ft: 26.56
  • Total Sq Ft: 1600
  • Style St: Upper/Lower
  • Taxable Value Tv: 63211.00
  • Tax Roll Number: 141535800100000
  • Tenants Responsibilities Include: Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: RES
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1924

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

  • Heating Cooling: Forced Air, Gas Heat, Window/Wall Air

Schools

  • Elementary School: Garfield
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: 52 X 140

Rental Info

  • Owner Pays: Water
  • Total Expenses: 4066

Multi Family

  • Gross Income: 13800
  • Net Operating Income: 9734.00

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
$111,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,535
Avg. Annual Appreciation
9.94%
Original Mortgage
$63,750
Outstanding Balance
$62,284
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$41,719

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 Type Sale Price Title Company
Warranty Deed $85,000 None Listed On Document
Contract Of Sale -- None Available
Special Warranty Deed -- --
Special Warranty Deed -- --
Contract Of Sale $55,000 --
Warranty Deed $54,500 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $63,750 New Conventional
Previous Owner $40,000 Unknown
Previous Owner $51,000 Seller Take Back
Previous Owner $31,760 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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

    2 in this area

    233 Total Sales

    Alicia Porter
    Section Image

  • K

    Buyer's Agent in 2023

    Karra Garcia

    Pinnacle Realty LLC

    (319) 961-5143

    2 in this area

    51 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

    28 Total Sales

    Mike Shaffer
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1206900

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

This home is located at 1625 D Ave NE, Cedar Rapids, IA 52402 and is currently priced at $42,500, approximately $26 per square foot. This property was built in 1924. 1625 D Ave NE is a home located in Linn County with nearby schools including Garfield Elementary School, Franklin Middle School, and George Washington High School.

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.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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