$81,500
SOLD APR 26, 2016
-- Bed
-- Bath
2,296 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$35 Per Sq Ft

9% Below List Price

20 Days on Market

About This Home

As of January 2023

OPPURTUNITY awaits. Look at this duplex on the NE side- both Coe College and Mount Mercy registered. The upper level- 2 stories, has been completely renovated. Rent this one out and get the unit on the main level ready for new tenants. Upper unit features all new windows, new kitchen, new bath and study area floors, refinished wood floors on first level, new carpeting on large/living area upper level, new plaster, fresh paint, remodeled bathroom and kitchen and a stainless steel appliance package. All furnishings stay, Unit on main level has tons of space, tall ceilings, original woodwork, hardwood floors and would benefit from an update. Main level unit is a great candidate for a city grant program. Call 319-654-6542 (listing agent for details). Duplex also features 2 newer furnaces- installed 2011, newer roof 2006, and vinyl siding. Both units have new front porches, and a new sidewalk and steps were put in leading to each of the front entrances. this is a GREAT investment opportunity in a quiet neighborhood with little traffic.

Last Agent to Sell the Property

Ann Fleckenstein

Keller Williams Legacy Group Listed on: 03/10/2016

Last Buyer's Agent

Jerome Edwards

Pinnacle Realty LLC

Pinnacle Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,948

Year Built

  • 1899

Home Design

  • 2,296 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

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

Additional Features

  • Shed
  • Lot Dimensions are 60 x 140

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,948

Year Built

1899

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 1948
  • Last City Inspection: 2012
  • List User Cell Phone: 319-654-6542
  • Miscellaneous: Basement, Parking Spaces, Sep. Meter – Electric, Sep. Meter – Gas, Shed, Ten Storag
  • Net Tax: 1948
  • 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: 0.91061
  • Ratio Close Price By Original Li: 0.91061
  • Ratio Current Price By Sq Ft: 35.50
  • Total Sq Ft: 2296
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1899

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

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

Schools

  • Elementary School: Arthur
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: 60 X 140

Rental Info

  • Owner Pays: Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jan 17, 2023
Sold by
Mra Real Estate Llc
Bought by
Larsen Investments Llc
Seller's Agent
Jeremy Trenkamp
Realty87
Buyer's Agent
Jeremy Trenkamp
Realty87
List Price
$172,500
Sold Price
$168,900
Premium/Discount to List
-$3,600
-2.09%
Views
4
Current Estimated Value
$167,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,900
Avg. Annual Appreciation
-0.21%
Original Mortgage
$170,351
Outstanding Balance
$163,003
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$4,997

Purchase Details

Closed on
Mar 11, 2021
Sold by
Loren Properties Iowa Llc
Bought by
Mra Real Estate Llc

Purchase Details

Closed on
Jul 25, 2018
Sold by
Legendary Properties Llc
Bought by
Loren Properties Iowa Llc

Purchase Details

Listed on
Mar 10, 2016
Closed on
Apr 25, 2016
Sold by
Lamphier Carole A
Bought by
Legendary Properties Llc
Seller's Agent
Ann Fleckenstein
Keller Williams Legacy Group
Buyer's Agent
Jerome Edwards
Pinnacle Realty LLC
List Price
$89,500
Sold Price
$81,500
Premium/Discount to List
-$8,000
-8.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.12%

Purchase Details

Closed on
Dec 16, 2011
Sold by
North Largo Properties and Lamphier Carole A
Bought by
Lamphier Carole A

Purchase Details

Closed on
Nov 16, 2011
Sold by
Lamphier Carol A
Bought by
Lamphier Carole A

Purchase Details

Closed on
Mar 15, 2000
Sold by
Meier Julia Nadine Winchip
Bought by
Meier Ronald L
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $169,000 --
Warranty Deed $130,000 None Available
Warranty Deed $118,500 None Available
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Legal Action Court Order -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $93,500 New Conventional
Open $170,351 New Conventional
Previous Owner $11,583 Unknown
Previous Owner $46,600 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2023 01/17/23 Sold $168,900 -2.1% $74 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $172,500 +111.7% $75 / Sq Ft
04/26/2016 04/26/16 Sold $81,500 0.0% $35 / Sq Ft
04/25/2016 04/25/16 Sold $81,500 -8.9% $63 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $89,500 0.0% $69 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $89,500 -- $39 / 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 $225 $129,900 $25,500 $104,400
2022 $469 $124,900 $25,500 $99,400
2021 $2,276 $121,600 $25,500 $96,100
2020 $2,276 $103,200 $17,900 $85,300
2019 $1,882 $87,300 $12,800 $74,500
2018 $1,784 $87,300 $12,800 $74,500
2017 $1,454 $66,800 $12,800 $54,000
2016 $1,860 $87,500 $12,800 $74,700
2015 $1,860 $91,538 $12,750 $78,788
2014 $1,948 $91,538 $12,750 $78,788
2013 $1,906 $91,538 $12,750 $78,788
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1602563

Cedar Rapids Area Association of REALTORS®

APN: 14153-85019-00000