NOT LISTED FOR SALE

1705 Edgewood Ln NW Cedar Rapids, IA 52405

-- Bed
-- Bath
3,572 Sq Ft
1974 Built

Last Sold October 16, 2014

Last sale price $160,000 $45 Per Sq Ft

7 Days on Market

Highlights

  • Hot Water Heating System
  • John F. Kennedy High School Rated A-
  • Garage

About This Home

As of October 2014

FULLY LEASED WITH GREAT OPPORTUNITY FOR INCOME STREAM AND CASH FLOW. GREAT LOCATION. CITY INSPECTION GOOD THROUGH 2018. NEWER ROOF. ADDITIONAL PARKING SPOTS. 4 STALLS OF GARAGE AND COIN-OP LAUNDRY ON SITE FOR ADDITIONAL INCOME POSSIBILITES. LOW TAXES WITH CO-OP STATUS. 24 HOUR NOTICE FOR ALL SHOWINGS. CONTACT AGENT FOR INCOME AND EXPENSE STATEMENTS AND RENT ROLLS.

Last Agent to Sell the Property

Tim Nye

GRAF HOME SELLING TEAM & ASSOCIATES Listed on: 09/10/2014

Last Buyer's Agent

Stefan Doerrfeld

Twenty40 Real Estate + Development

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,420

Year Built

  • 1974

Lot Details

  • Lot Dimensions are 145 x 111

Parking

  • Garage

Home Design

  • 3,572 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

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

Community Details

  • Gross Income $29,523
  • Net Operating Income $15,497

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,420

Year Built

1974

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 3420
  • List User Cell Phone: 319-329-2794
  • Miscellaneous: Garage, Parking Spaces
  • Net Tax: 3420
  • Noof Units Two Bedroom: 4
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.96970
  • Ratio Close Price By Original Li: 0.96970
  • Ratio Current Price By Sq Ft: 44.79
  • Total Sq Ft: 3572
  • Style St: Upper/Lower
  • Tax Roll Number: 141923100100000
  • Tenants Responsibilities Include: Electricity
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1974

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Vinyl

Utilities

  • Heating Cooling: Gas Heat, Hot Water Heat, Window/Wall Air

Schools

  • Elementary School: Jackson
  • Middle School: Taft
  • High School: Kennedy

Lot Info

  • Lot Size: 145 X 111

Rental Info

  • Owner Pays: Gas, Water
  • Total Expenses: 14026

Multi Family

  • Gross Income: 29523
  • Net Operating Income: 15497.00

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
10/16/2014 10/16/14 Sold $160,000 -3.0% $45 / Sq Ft
09/17/2014 09/17/14 Pending -- -- --
09/10/2014 09/10/14 For Sale $165,000 -- $46 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Tim Nye

    GRAF HOME SELLING TEAM & ASSOCIATES

    56 Total Sales

    Tim Nye
    Section Image
  • Stefan Doerrfeld

    Buyer's Agent in 2014

    Stefan Doerrfeld

    Twenty40 Real Estate + Development

    (319) 378-8760

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1406320

Cedar Rapids Area Association of REALTORS®

Iowa Linn County Cedar Rapids 52405

1705 Edgewood Ln NW, Cedar Rapids, IA

This home is located at 1705 Edgewood Ln NW, Cedar Rapids, IA 52405 since 10 September 2014. This property was built in 1974. 1705 Edgewood Ln NW is a home located in Linn County with nearby schools including Jackson Elementary School, Taft Middle School, and John F. Kennedy 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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