NOT LISTED FOR SALE

Estimated Value: $72,688 - $154,000

3 Beds
3 Baths
1,965 Sq Ft
$52/Sq Ft Est. Value

Last Sold August 06, 2014

Last sale price $42,700 $22 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $688/month

56 Days on Market

About This Home

As of August 2014

WAIT TILL YOU SEE THE IMPROVEMENTS TO THIS TRI-PLEX! THE ENTIRE UPSTAIRS UNIT HAS BEEN REMODELED. NEW EVERYTHING! CARPETING, FRESH PAINT, NEW KITCHEN AND BATH. THERE IS A LAUNDRY AREA AVAILABLE. OWNER PAYS WATER AND ELECTRICITY FOR DOWSTAIRS UNITS. WALKING DISTANCE TO HYVEE AND RESTAURANTS.

Last Agent to Sell the Property

Tim Stanley

RE/MAX CONCEPTS Listed on: 05/27/2014

Last Buyer's Agent

Tim Stanley

RE/MAX CONCEPTS Listed on: 05/27/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • 1890

Lot Details

  • Lot Dimensions are 52 x 140

Parking

  • Garage

Home Design

  • 1,965 Sq Ft Home
  • Frame Construction

Utilities

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

Community Details

  • Gross Income $1,575

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

1890

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • Expense Info: Owner Provided, Tax Return Available
  • Gross Tax: 3020
  • List User Cell Phone: 319-361-6830
  • Miscellaneous: Basement, Common Laundry-Leased, Garage, Sep. Meter – Electric, Sep. Meter – Gas
  • Net Tax: 3020
  • Noof Units One Bedroom: 2
  • Noof Units Two Bedroom: 1
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.64697
  • Ratio Close Price By Original Li: 0.64697
  • Ratio Current Price By Sq Ft: 21.73
  • Total Sq Ft: 1965
  • Style St: Upper/Lower
  • Tax Roll Number: 142220400300000
  • Tenants Responsibilities Include: Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

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

Multi Family

  • Gross Income: 1575

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2023
Sold by
Kintzle Lori Anne
Bought by
West Cameron Scott
Current Estimated Value
$101,563

Purchase Details

Closed on
Feb 2, 2017
Sold by
West Cameron S
Bought by
West Cameron S and Kintzle Lori Anne

Purchase Details

Listed on
May 27, 2014
Closed on
Aug 5, 2014
Sold by
Samrek Llc
Bought by
West Cameron
Seller's Agent
Tim Stanley
RE/MAX CONCEPTS
Buyer's Agent
Tim Stanley
RE/MAX CONCEPTS
List Price
$66,000
Sold Price
$42,700
Premium/Discount to List
-$23,300
-35.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$42,700
Interest Rate
4.14%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 27, 2014
Closed on
Jul 31, 2014
Sold by
Outstanding Investment Group Llc
Bought by
Samrek Llc
Seller's Agent
Tim Stanley
RE/MAX CONCEPTS
Buyer's Agent
Tim Stanley
RE/MAX CONCEPTS
List Price
$66,000
Sold Price
$42,700
Premium/Discount to List
-$23,300
-35.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,700
Interest Rate
4.14%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 27, 2006
Sold by
Hills Bank & Trust Co
Bought by
Outstanding Investment Group Llc

Purchase Details

Closed on
Dec 22, 2004
Sold by
Lj Bear Llc
Bought by
Butler Michael D and Butler Marcie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,165
Interest Rate
5.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 4, 2002
Sold by
Stiefel Dennis H and Stiefel Dawn M
Bought by
Lj Bear Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
7.07%
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
West Cameron Scott -- None Listed On Document
West Cameron S -- None Available
West Cameron $43,000 None Available
Samrek Llc $49,000 None Available
Outstanding Investment Group Llc $41,500 None Available
Butler Michael D $84,500 --
Lj Bear Llc $29,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner West Cameron $42,700
Previous Owner Samrek Llc $42,700
Previous Owner Butler Michael D $72,165
Previous Owner Lj Bear Llc $22,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2014 08/06/14 Sold $42,700 -35.3% $22 / Sq Ft
07/22/2014 07/22/14 Pending -- -- --
05/27/2014 05/27/14 For Sale $66,000 -- $34 / 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 $1,808 $107,600 $28,600 $79,000
2024 $1,546 $102,200 $28,600 $73,600
2023 $1,546 $102,200 $28,600 $73,600
2022 $1,362 $73,300 $28,600 $44,700
2021 $1,346 $55,800 $23,400 $32,400
2020 $1,346 $51,000 $20,800 $30,200
2019 $1,522 $53,600 $20,800 $32,800
2018 $1,590 $53,600 $20,800 $32,800
2017 $1,720 $54,500 $20,800 $33,700
2016 $1,796 $54,500 $20,800 $33,700
2015 $1,796 $66,544 $20,800 $45,744
2014 $2,286 $78,914 $11,794 $67,120
2013 $2,870 $78,914 $11,794 $67,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1403675

Cedar Rapids Area Association of REALTORS®

APN: 14222-04003-00000