NOT LISTED FOR SALE

1817 B Ave NE Cedar Rapids, IA 52402

Mound View Neighborhood

Estimated Value: $186,000 - $197,000

5 Beds
4 Baths
3,162 Sq Ft
$61/Sq Ft Est. Value

Last Sold July 21, 2014

Last sale price $118,500 $37 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,263/month

46 Days on Market

About This Home

As of July 2014

Great rental income! New siding on 2 sides and 6 new windows in 2013. The interior was completely updated top to bottom with 4 new furnaces, electrical, some windows, water heater, partially replaced foundation, updated kitchens, baths, floor coverings and more in 2005-07. Close to schools, church, shopping and public transit. On site leased laundry, off street parking. Tenants pay lights and heat.

Last Agent to Sell the Property

Kevin Heinbuch

PRK Williams Realty Listed on: 05/01/2014

Last Buyer's Agent

Cherokee Render

Keller Williams Legacy Group

Property Details

Home Type

  • Multi-Family

Year Built

  • 1885

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 55 x 150

Home Design

  • 3,162 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

  • Forced Air Cooling System
  • Heating Available

Community Details

  • Gross Income $23,692
  • Net Operating Income $12,825

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Year Built

1885

Lot Details

0

Listing Details

  • Acres: 0.1900
  • City Name: Cedar Rapids
  • Gross Tax: 4182
  • List User Cell Phone: 319-360-7139
  • Miscellaneous: Parking Spaces, Ten Storag
  • Net Tax: 4182
  • Noof Units One Bedroom: 1
  • Noof Units Three Bedroom: 2
  • Noof Units Two Bedroom: 1
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.98750
  • Ratio Close Price By Original Li: 0.98750
  • Ratio Current Price By Sq Ft: 37.48
  • Total Sq Ft: 3162
  • Style St: Side/Side, Upper/Lower
  • Tax Roll Number: 141545601500000
  • Tenants Responsibilities Include: Electricity
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1885

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl, Wood

Utilities

  • Heating Cooling: Central Air, Electricity Heat, Forced Air

Schools

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

Lot Info

  • Lot Size: 55 X 150

Rental Info

  • Total Expenses: 10867

Multi Family

  • Gross Income: 23692
  • Net Operating Income: 12825.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2014
Closed on
Jul 9, 2014
Sold by
Jz Properties L L C
Bought by
Toingar Esaie and Toingar Brigitte
Seller's Agent
Kevin Heinbuch
PRK Williams Realty
Buyer's Agent
Cherokee Render
Keller Williams Legacy Group
List Price
$120,000
Sold Price
$118,500
Premium/Discount to List
-$1,500
-1.25%
Current Estimated Value
$191,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,000
Avg. Annual Appreciation
4.38%

Purchase Details

Closed on
Jan 30, 2009
Sold by
Kinser John D
Bought by
Jz Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,200
Interest Rate
5.19%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Dec 30, 1998
Sold by
Buchanan John W and Buchanan Ellen K
Bought by
The State University Of Iowa Foundation

Purchase Details

Closed on
Jan 29, 1998
Sold by
Grow William E and Grow Vera
Bought by
Grow Scott Michael
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
Toingar Esaie $118,500 None Available
Jz Properties Llc $118,000 None Available
The State University Of Iowa Foundation -- --
Grow Scott Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jz Properties Llc $379,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2014 07/21/14 Sold $118,500 -1.3% $37 / Sq Ft
06/16/2014 06/16/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $120,000 -- $38 / 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
2025 $3,028 $208,500 $36,500 $172,000
2024 $298 $176,700 $33,700 $143,000
2023 $298 $171,100 $28,100 $143,000
2022 $703 $142,700 $28,100 $114,600
2021 $3,400 $142,700 $28,100 $114,600
2020 $3,400 $128,800 $22,400 $106,400
2019 $2,994 $105,400 $22,400 $83,000
2018 $3,128 $105,400 $22,400 $83,000
2017 $3,687 $102,600 $22,400 $80,200
2016 $2,966 $90,000 $22,400 $67,600
2015 $3,494 $101,705 $22,440 $79,265
2014 $3,494 $109,261 $13,365 $95,896
2013 $1,987 $109,261 $13,365 $95,896
Source: Public Records

Agents Affiliated with this Home

  • Kevin Heinbuch

    Seller's Agent in 2014

    Kevin Heinbuch

    PRK Williams Realty

    (319) 360-7139

    1 in this area

    43 Total Sales

    Kevin Heinbuch
    Section Image

  • C

    Buyer's Agent in 2014

    Cherokee Render

    Keller Williams Legacy Group

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1402896

Cedar Rapids Area Association of REALTORS®

APN: 14154-56015-00000

Iowa Linn County Cedar Rapids 52402 Mound View

1817 B Ave NE, Cedar Rapids, IA

This home is located at 1817 B Ave NE, Cedar Rapids, IA 52402 since 01 May 2014 and is currently estimated at $191,500, approximately $60 per square foot. This property was built in 1885. 1817 B Ave NE is a home located in Linn County with nearby schools including Arthur Elementary School, Franklin Middle School, and George Washington 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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