NOT LISTED FOR SALE

1816 Bever Ave SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $135,000 - $160,000

4 Beds
2 Baths
2,490 Sq Ft
$59/Sq Ft Est. Value

Sale Details

Date Sold: November 5, 2020

Last sale price $107,000 $43 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $961 / mo

5 Days on Market

About This Home

As of November 2020

No rental income history available. Owner has lived in the property since purchased and relative lives in the other side. No leases in place. Separate meters for all utilities in each unit. Great investment opportunity.

Last Agent to Sell the Property

Lisa Vecerka

Realty87 Listed on: 09/23/2020

Realty87

Last Buyer's Agent

Curtis Cleveland

Realty87

Realty87

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,964

Year Built

  • 1921

Lot Details

  • Lot Dimensions are 40 x 140
  • Fenced

Home Design

  • 2,490 Sq Ft Home
  • Frame Construction

Laundry

  • Laundry in unit

Utilities

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

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,964

Year Built

1921

Lot Details

0 Sq Ft Lot

Listing Details

  • City Name: Cedar Rapids
  • Gross Tax: 1964
  • List User Cell Phone: 319-533-8336
  • Miscellaneous: Basement, Fencing, Parking Spaces, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water, Unit Laundry
  • Net Tax: 1964
  • 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: 0.93043
  • Ratio Close Price By Original Li: 0.93043
  • Ratio Current Price By Sq Ft: 42.97
  • Total Sq Ft: 2490
  • Style St: Side/Side
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1921

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Utilities

  • Heating Cooling: Gas Heat, Window/Wall Air

Lot Info

  • Lot Size: 40 X 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Nov 3, 2020
Sold by
Hagy Kathryn A and Basnet Suresh
Bought by
Dsb Management Llc
Seller's Agent
Lisa Vecerka
Realty87
Buyer's Agent
Curtis Cleveland
Realty87
List Price
$115,000
Sold Price
$107,000
Premium/Discount to List
-$8,000
-6.96%
Current Estimated Value
$147,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,160
Avg. Annual Appreciation
5.97%
Original Mortgage
$90,400
Outstanding Balance
$77,172
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$69,988

Purchase Details

Closed on
Apr 26, 2006
Sold by
Trotter Harold D and Trotter Janet
Bought by
Hagy Kathryn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,867
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dsb Management Llc $107,000 None Listed On Document
Hagy Kathryn A $87,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dsb Management Llc $90,400
Previous Owner Hagy Kathryn A $89,867
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2020 11/05/20 Sold $107,000 -7.0% $43 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $115,000 -- $46 / 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 $2,160 $127,600 $34,100 $93,500
2024 $2,256 $124,400 $34,100 $90,300
2023 $2,256 $122,100 $34,100 $88,000
2022 $2,040 $107,000 $30,800 $76,200
2021 $2,022 $98,500 $24,200 $74,300
2020 $2,022 $100,200 $22,000 $78,200
2019 $1,668 $100,200 $22,000 $78,200
Source: Public Records

Agents Affiliated with this Home

  • Lisa Vecerka

    Seller's Agent in 2020

    Lisa Vecerka

    Realty87

    (319) 533-8336

    1 in this area

    39 Total Sales

    Lisa Vecerka
    Section Image
  • Curtis Cleveland

    Buyer's Agent in 2020

    Curtis Cleveland

    Realty87

    (319) 360-0708

    19 in this area

    139 Total Sales

    Curtis Cleveland
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2006750

Cedar Rapids Area Association of REALTORS®

APN: 14221-60020-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

1816 Bever Ave SE, Cedar Rapids, IA

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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