NOT LISTED FOR SALE

Estimated Value: $96,000 - $172,000

4 Beds
3 Baths
2,120 Sq Ft
$63/Sq Ft Est. Value

Last Sold December 13, 2019

Last sale price $73,000 $34 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $910/month

65 Days on Market

About This Home

As of December 2019

Super spacious duplex with a 3 bedroom*, 2 bathroom upper unit and a 3 bedroom 1 bathroom lower unit just looking for someone to finish do finishing touches on the rehab and make it an awesome investment. Located in the College District, this duplex is currently owner occupied, and has not had tenants since 2010, but has still remained as a registered rental property with the city with the next inspection in April of 2020. With four off street parking spaces, there would even be room for a garage! Home is being sold as is. Inspections are for buyers information purposes only.

Last Agent to Sell the Property

Taylor Bergen

Realty87 Listed on: 08/09/2019

Co-Listed By

Maisie Roman

Realty87

Last Buyer's Agent

Shauna Hansen

Exit Eastern Iowa Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,587

Year Built

  • 1895

Lot Details

  • 7,275 Sq Ft Lot
  • Lot Dimensions are 52 x 140

Parking

  • 4 Parking Spaces

Home Design

  • 2,120 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,587

Year Built

1895

Lot Details

0

Listing Details

  • Acres: 0.1670
  • City Name: Cedar Rapids
  • Gross Tax: 1587
  • List User Cell Phone: 319-540-2626
  • Miscellaneous: Basement, Parking Spaces, Rent Permit, Sep. Meter – Gas, Ten Storag
  • Net Tax: 1587
  • Noof Units Three Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 1.04286
  • Ratio Close Price By Original Li: 1.04286
  • Ratio Current Price By Sq Ft: 34.43
  • Total Sq Ft: 2120
  • Style St: Upper/Lower
  • Taxable Value Tv: 73600.00
  • Tenants Responsibilities Include: Electricity
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1895

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Cooling: Hot Water 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, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2019
Closed on
Dec 11, 2019
Sold by
Schaul Edmund P and Shaul J R Edmond Lp
Bought by
Pedersen Jordan C Dippold
Seller's Agent
Taylor Bergen
Realty87
Buyer's Agent
Shauna Hansen
Exit Eastern Iowa Real Estate
List Price
$70,000
Sold Price
$73,000
Premium/Discount to List
$3,000
4.29%
Current Estimated Value
$134,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,000
Avg. Annual Appreciation
11.59%
Original Mortgage
$7,300
Outstanding Balance
$3,743
Interest Rate
3.7%
Mortgage Type
Stand Alone Second
Estimated Equity
$130,257
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
Pedersen Jordan C Dippold $73,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pedersen Jordan C Dippold $7,300
Open Pedersen Jordan C Dippold $58,400
Previous Owner Schaul Edmund P $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2019 12/13/19 Sold $73,000 +4.3% $34 / Sq Ft
10/13/2019 10/13/19 Pending -- -- --
09/10/2019 09/10/19 For Sale $70,000 0.0% $33 / Sq Ft
08/16/2019 08/16/19 Pending -- -- --
08/09/2019 08/09/19 For Sale $70,000 -- $33 / 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 $1,996 $105,400 $27,200 $78,200
2022 $1,622 $94,600 $27,200 $67,400
2021 $1,624 $78,300 $22,200 $56,100
2020 $1,624 $73,600 $19,800 $53,800
2019 $1,172 $62,900 $19,800 $43,100
2018 $1,294 $62,900 $19,800 $43,100
2017 $1,504 $69,100 $19,800 $49,300
2016 $1,550 $72,900 $19,800 $53,100
2015 $1,566 $73,589 $19,760 $53,829
2014 $1,566 $76,902 $19,760 $57,142
2013 $1,602 $76,902 $19,760 $57,142
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1905920

Cedar Rapids Area Association of REALTORS®

APN: 14153-86005-00000