Don't judge this book by it's cover. This duplex is the most spacious duplex I've ever seen. The lower unit has been remodeled with LVP flooring throughout, updated bathrooms and kitchen appliances. The upper unit is all hardwood floors and sunshine galore! The rear back yard is fully fenced and the alley access provides parking in the detached 2 car garage plus a parking pad.
Miscellaneous: Fencing, Garage, Parking Spaces, Rent Permit, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water, Ten Storag
Noof Units Three Bedroom: 2
Property Sub Types: 1-4 Units
Property Type: Multi-Family
Ratio Close Price By List Price: 1.00000
Ratio Close Price By Original Li: 1.00000
Ratio Current Price By Sq Ft: 75.38
Total Sq Ft: 2494
Style St: Upper/Lower
Tenants Responsibilities Include: Water, Electricity, Gas
Water Sewer Roads: City Sewer, City Water
Special Features: None
Property Sub Type: MultiFamily
Year Built: 1955
Exterior Features
Construction Methods: Frame
Exterior: Composite
Utilities
Heating Cooling: Central Air, Forced Air, Gas Heat
Schools
Elementary School: Arthur
Middle School: Franklin
High School: Washington
Lot Info
Lot Size: 50x140
Ownership History
DateNameOwned ForOwner Type
Jun 2022 - PresentSolana Properties Llc2 Years and 11 Months
Company
Purchase Details
Listed on
May 13, 2022
Closed on
Jun 16, 2022
Sold by
Corridor Property Solutions Llc
Bought by
Solana Properties Llc
Seller's Agent
Amy Eaton
Keller Williams Legacy Group
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$188,000
Sold Price
$188,000
Total Days on Market
2
Current Estimated Value
$194,753
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,753
Avg. Annual Appreciation
0.20%
Original Mortgage
$150,400
Outstanding Balance
$144,145
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$44,958
Nov 2015 - Jun 2022Corridor Property Solutions Llc6 Years and 7 Months
Company
Purchase Details
Listed on
Sep 28, 2015
Closed on
Nov 30, 2015
Sold by
Nye Scott A and Nye Cynthia
Bought by
Corridor Property Solutions Llc
Seller's Agent
Chad Gloede
RE/MAX CONCEPTS
Buyer's Agent
Amy Eaton
Keller Williams Legacy Group
List Price
$90,000
Sold Price
$83,000
Premium/Discount to List
-$7,000
-7.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.29%
Mar 2003 - Nov 2015Nye Scott A12 Years and 8 Months
Private Individual
Purchase Details
Closed on
Mar 31, 2003
Sold by
Bell Theodore A and Bell Laura G
Bought by
Nye Scott A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,395
Interest Rate
5.94%
Mortgage Type
VA
Mar 2001 - Mar 2003Bell Theodore A and Bell Laura G2 Years
Private Individual
Purchase Details
Closed on
Mar 27, 2001
Sold by
Kieler David L
Bought by
Bell Theodore A and Bell Laura G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage
Mar 2001 - Mar 2001Kieler David LLess than a month
Private Individual
Purchase Details
Closed on
Mar 21, 2001
Sold by
Allie Thomas K and Allie Kathleen A
Bought by
Kieler David L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage
Dec 1998 - Mar 2001Allie Thomas K and Allie Kathleen A2 Years and 3 Months
Private Individual
Purchase Details
Closed on
Dec 30, 1998
Sold by
Holub James L and Holub Judith M
Bought by
Allie Thomas K and Allie Kathleen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,924
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Range of Values:
Collateral Analytics
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Quantarium
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Average Value
Not Available
List Price
Sold Price
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Great Investment Opportunity on the SE side of Cedar Rapids! This well-maintained multifamily property features four fully leased units-three-1 bedroom units, and 1-3 bedroom unit. Each unit is individually metered for gas and electricity. Owner pays water/garbage/recycling, and common area heat and electric. A shared, coin-operated laundry is available in the basement for added tenant
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 1817 E Ave NE, Cedar Rapids, IA 52402 since 13 May 2022 and is currently estimated at $194,753, approximately $78 per square foot. This property was built in 1955. 1817 E Ave NE is a home located in Linn County with nearby schools including Arthur Elementary School, Franklin Middle School, and George Washington High School.
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