NOT LISTED FOR SALE

1634 3rd Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $142,000 - $170,130

4 Beds
2 Baths
2,385 Sq Ft
$65/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $157,000 $66 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,055/month

2 Days on Market

Highlights

  • Forced Air Cooling System
  • Garage
  • Fenced

About This Home

As of April 2023

Nicely updated with recently professionally finished loft area upstairs that includes a PTAC heat pump system that includes both heat and air to the loft area to keep it as comfortable as the rest of the building! 2 spacious units with generous size bedrooms, lots of hardwood floors, sun-porches and laundry in basement, shared 2 stall detached garage & large fenced backyard. Main floor unit has 2 bedrooms, upper unit is 3 bedrooms.

Last Listed By

Mary Chmelicek

SKOGMAN REALTY Listed on: 02/20/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,609

Year Built

  • 1948

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced

Parking

  • Garage

Home Design

  • Frame Construction

Interior Spaces

  • 2,385 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 water, electricity, gas

Community Details

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $20,000
  • Net Operating Income $14,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,609

Year Built

1948

Lot Details

0

Listing Details

  • Acres: 0.1300
  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 2609
  • Last City Inspection: 06/06/22
  • List User Cell Phone: 319-533-0543
  • Miscellaneous: Common Laundry-Owned, Fencing, Garage, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water
  • Net Tax: 2424
  • 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: 1.00319
  • Ratio Close Price By Original Li: 1.00319
  • Ratio Current Price By Sq Ft: 65.83
  • Total Sq Ft: 2385
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: res
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1948

Interior Features

  • Basement: Full

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Utilities

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

Schools

  • Elementary School: Johnson
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 5,625

Rental Info

  • Pets: Pets Allowed
  • Total Expenses: 6000

Multi Family

  • Gross Income: 20000
  • Net Operating Income: 14000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2023
Closed on
Apr 5, 2023
Sold by
Poderzay Calvin
Bought by
3315 Eastern Ave Llc
Seller's Agent
Mary Chmelicek
SKOGMAN REALTY
Buyer's Agent
Randon Hill
Epique Realty
List Price
$156,500
Sold Price
$157,000
Premium/Discount to List
$500
0.32%
Total Days on Market
2
Views
9
Current Estimated Value
$154,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,290
Avg. Annual Appreciation
-0.70%
Original Mortgage
$125,600
Outstanding Balance
$122,698
Interest Rate
6.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$32,012

Purchase Details

Closed on
May 28, 2021
Sold by
Casella Michael Peter and Casolla Alison Leigh
Bought by
Poderzay Calvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2020
Sold by
The Leslie E Kerr Special Needs Trust
Bought by
Casella Michael Peter and Casella Alison Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2011
Sold by
Garber Susan A
Bought by
Bankiowa and The Leslie E Kerr Special Needs Trust

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
3315 Eastern Ave Llc $157,000 None Listed On Document
Poderzay Calvin $127,500 None Available
Casella Michael Peter $80,000 None Available
Bankiowa -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3315 Eastern Ave Llc $125,600
Previous Owner Poderzay Calvin $102,000
Previous Owner Casella Michael Peter $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2023 04/07/23 Sold $157,000 +0.3% $66 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
02/20/2023 02/20/23 For Sale $156,500 -- $66 / 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 $2,358 $138,700 $19,000 $119,700
2022 $1,838 $120,700 $19,000 $101,700
2021 $2,036 $97,700 $16,000 $81,700
2020 $2,036 $100,900 $16,000 $84,900
2019 $1,866 $95,100 $12,000 $83,100
2018 $1,810 $95,100 $12,000 $83,100
2017 $2,005 $94,300 $12,000 $82,300
2016 $2,005 $94,300 $12,000 $82,300
2015 $1,841 $86,564 $12,000 $74,564
2014 $1,656 $86,564 $12,000 $74,564
2013 $1,802 $86,564 $12,000 $74,564
Source: Public Records

Agents Affiliated with this Home

  • Mary Chmelicek

    Seller's Agent in 2023

    Mary Chmelicek

    SKOGMAN REALTY

    (319) 533-0543

    1 in this area

    102 Total Sales

    Mary Chmelicek
    Section Image

  • R

    Buyer's Agent in 2023

    Randon Hill

    Epique Realty

    (319) 777-2127

    5 in this area

    89 Total Sales

    Randon Hill
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2300934

Cedar Rapids Area Association of REALTORS®

APN: 14221-35014-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1634 3rd Ave SE, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 1634 3rd Ave SE, Cedar Rapids, IA 52403 since 20 February 2023 and is currently estimated at $154,710, approximately $64 per square foot. This property was built in 1948. 1634 3rd Ave SE is a home located in Linn County with nearby schools including Johnson Elementary School, McKinley STEAM Academy, 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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