NOT LISTED FOR SALE

Estimated Value: $135,427 - $171,000

5 Beds
5 Baths
2,800 Sq Ft
$53/Sq Ft Est. Value

Sale Details

Date Sold: October 28, 2022

Last sale price $145,000 $52 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $987 / mo

52 Days on Market

About This Home

As of October 2022

4 plex multi family with tons of potential. Located just near Coe College and just minutes from Downtown this property would be great for an owner that wants to live in the property and let tenants pay the mortgage. This property is ready for your value add opportunities as there is the possibility to add an Studio apartment unit in the attic. Tenant pays Electric and Gas. Owner pays water. Set your showing today! Property can be sold as a bundle with MLS number 2207524.

Last Agent to Sell the Property

Jerome Edwards

Pinnacle Realty LLC Listed on: 08/01/2022

Pinnacle Realty LLC

Last Buyer's Agent

Jerome Edwards

Pinnacle Realty LLC Listed on: 08/01/2022

Pinnacle Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,974

Year Built

  • 1890

Lot Details

  • 7,492 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Parking

  • 4 Parking Spaces

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,800 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Cooling System
  • Cooling System Mounted To A Wall/Window

Community Details

  • Gross Income $28,200
  • Net Operating Income $24,200

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,974

Year Built

1890

Lot Details

7,492 Sq Ft Lot

Listing Details

  • Acres: 0.1720
  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 1974
  • List User Cell Phone: 319-594-2525
  • Miscellaneous: Parking Spaces
  • Net Tax: 1974
  • Noof Units One Bedroom: 3
  • Noof Units Two Bedroom: 1
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.93548
  • Ratio Close Price By Original Li: 0.93548
  • Ratio Current Price By Sq Ft: 51.79
  • Total Sq Ft: 2800
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Electricity
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Interior Features

  • Basement: Full

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Cooling: Forced Air, Window/Wall Air

Lot Info

  • Lot Size: 50 X 150

Rental Info

  • Owner Pays: Water
  • Total Expenses: 4000

Multi Family

  • Gross Income: 28200
  • Net Operating Income: 24200.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2024
Sold by
Yoabh Llc
Bought by
Yoebia Llc
Current Estimated Value
$149,476

Purchase Details

Listed on
Aug 1, 2022
Closed on
Oct 11, 2022
Sold by
Iamestown 5 Llc
Bought by
Yoahb Llc
Seller's Agent
Jerome Edwards
Pinnacle Realty LLC
Buyer's Agent
Jerome Edwards
Pinnacle Realty LLC
List Price
$155,000
Sold Price
$145,000
Premium/Discount to List
-$10,000
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.87%
Original Mortgage
$210,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2021
Sold by
Sauser Joel and Sauser Andrea
Bought by
Jamestown 5 Llc

Purchase Details

Listed on
Mar 1, 2021
Closed on
Aug 25, 2021
Sold by
3A Properties Llc
Bought by
Sauser Joel and Sauser Andrea
Seller's Agent
Angie Glick
GLD COMMERCIAL
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$124,000
Sold Price
$120,000
Premium/Discount to List
-$4,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%
Original Mortgage
$102,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 18, 2017
Closed on
Apr 1, 2018
Sold by
Keil Bryan J and Keil Tina L
Bought by
3A Properties Llc
Seller's Agent
Gary Doerrfeld
Realty87
Buyer's Agent
Jeff Johnson
RUHL & RUHL REALTORS®
List Price
$100,000
Sold Price
$71,000
Premium/Discount to List
-$29,000
-29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.69%
Original Mortgage
$90,000
Interest Rate
4.46%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 4, 2015
Sold by
Sfd Llc
Bought by
Keil Bryan J and Keil Tina L

Purchase Details

Closed on
Feb 28, 2011
Sold by
American Bank & Trust Company Na
Bought by
Sfd Llc

Purchase Details

Closed on
Aug 24, 2010
Sold by
Cubbage William D and Cubbage Carol J
Bought by
American Bank & Trust Company Na

Purchase Details

Closed on
Jan 9, 2008
Sold by
Smalley James H and Smalley Kirsten L
Bought by
Cubbage William D and Cubbage Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,900
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yoebia Llc -- None Listed On Document
Yoahb Llc $145,000 --
Jamestown 5 Llc -- None Available
Sauser Joel $120,000 None Available
3A Properties Llc $71,000 None Available
Keil Bryan J $65,000 None Available
Sfd Llc $15,500 None Available
American Bank & Trust Company Na -- None Available
Cubbage William D $90,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yoahb Llc $210,000
Previous Owner Sauser Joel $102,000
Previous Owner 3A Properties Llc $90,000
Previous Owner Cubbage William D $81,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2022 10/28/22 Sold $145,000 -6.5% $52 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
08/01/2022 08/01/22 For Sale $155,000 +29.2% $55 / Sq Ft
08/26/2021 08/26/21 Sold $120,000 -3.2% $43 / Sq Ft View Prior Sale
07/12/2021 07/12/21 Pending -- -- --
06/24/2021 06/24/21 Price Changed $124,000 0.0% $44 / Sq Ft
06/24/2021 06/24/21 For Sale $124,000 -21.5% $44 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
04/26/2021 04/26/21 Price Changed $158,000 -68.3% $56 / Sq Ft
03/24/2021 03/24/21 Price Changed $499,000 -5.8% $178 / Sq Ft
03/22/2021 03/22/21 For Sale $530,000 0.0% $189 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $530,000 +646.5% $189 / Sq Ft
04/04/2018 04/04/18 Sold $71,000 -20.0% $25 / Sq Ft View Prior Sale
03/06/2018 03/06/18 Pending -- -- --
11/17/2017 11/17/17 Price Changed $88,750 -4.6% $32 / Sq Ft
10/30/2017 10/30/17 Price Changed $93,000 -7.0% $33 / Sq Ft
09/18/2017 09/18/17 For Sale $100,000 -- $36 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

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 $2,398 $133,700 $28,100 $105,600
2024 $2,350 $135,500 $28,100 $107,400
2023 $2,350 $135,500 $28,100 $107,400
2022 $1,994 $111,400 $28,100 $83,300
2021 $1,974 $81,700 $23,000 $58,700
2020 $1,974 $74,800 $20,400 $54,400
2019 $1,824 $64,200 $20,400 $43,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2207532

Cedar Rapids Area Association of REALTORS®

APN: 14222-03011-00000

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