NOT LISTED FOR SALE

Estimated Value: $138,000 - $175,119

4 Beds
2 Baths
1,496 Sq Ft
$103/Sq Ft Est. Value

Last Sold December 27, 2022

Last sale price $147,900 $99 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $982/month

11 Days on Market

About This Home

As of December 2022

SALE PENDING 11/01 BACK UP OFFERS ARE WELCOMED. Well maintained upper/lower duplex. Separate entries. Laundry on site. Upper level two bedroom, updated within last two years. Lower level one bedroom, vacant and rent ready. Tenants pay all utilities, both units separately metered. Great location, close to Mt Mercy and Coe College.

Last Agent to Sell the Property

Aaron Webber

Keller Williams Legacy Group Listed on: 10/21/2022

Keller Williams Legacy Group

Co-Listed By

Ellen Webber

Keller Williams Legacy Group

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,764

Year Built

  • 1955

Lot Details

  • 6,970

Home Design

  • 1,496 Sq Ft Home
  • Frame Construction
  • Aluminum Siding

Utilities

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

Additional Features

  • Deck
  • 6,970 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,764

Year Built

1955

Lot Details

0

Listing Details

  • Acres: 0.1600
  • City Name: Cedar Rapids
  • Gross Tax: 1764
  • List User Cell Phone: 319-560-0169
  • Miscellaneous: Deck/Patio, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water
  • Net Tax: 1764
  • Noof Units One Bedroom: 1
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 1.03499
  • Ratio Close Price By Original Li: 1.03499
  • Ratio Current Price By Sq Ft: 98.86
  • Total Sq Ft: 1496
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: res
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Utilities

  • Heating Cooling: Forced Air, Gas Heat, Window/Wall Air

Schools

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

Lot Info

  • Lot Size: 7,001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2025
Sold by
Freund Rental Properties Llc
Bought by
Lee Rentals Llc
Current Estimated Value
$154,373

Purchase Details

Closed on
Apr 7, 2023
Sold by
Hoth Properties Llc
Bought by
Lee Rentals Llc

Purchase Details

Listed on
Oct 21, 2022
Closed on
Dec 7, 2022
Sold by
Parmenter Llc
Bought by
Holiday Billy L
Seller's Agent
Aaron Webber
Keller Williams Legacy Group
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$142,900
Sold Price
$147,900
Premium/Discount to List
$5,000
3.5%
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.56%
Original Mortgage
$145,220
Interest Rate
6.49%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 8, 2019
Closed on
Dec 19, 2019
Sold by
T & S Property Management Llc
Bought by
Parmenter Llc
Seller's Agent
Bonnie Tiernan
Realty87
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$90,000
Sold Price
$80,000
Premium/Discount to List
-$10,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.65%
Original Mortgage
$85,000
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 16, 2012
Closed on
Oct 31, 2013
Sold by
Keys 2010 Llc
Bought by
T & S Property Management Llc
Seller's Agent
Bob Randklev
SKOGMAN REALTY COMMERCIAL
Buyer's Agent
John Thompson
KOPEL REALTORS and CONSULTANTS
List Price
$97,500
Sold Price
$82,000
Premium/Discount to List
-$15,500
-15.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.40%
Original Mortgage
$69,700
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 30, 2006
Sold by
Hoffner Marlin F and Hoffner Cynthia A
Bought by
Keys 2010 Llc

Purchase Details

Closed on
Jan 10, 2002
Sold by
Hoffner Marlin Francis and Hoffner Cynthia Ann
Bought by
Hoffner Marlin F and Hoffner Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
7.07%
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 Buyer Sale Price Title Company
Lee Rentals Llc $71,500 None Listed On Document
Lee Rentals Llc $71,500 None Listed On Document
Lee Rentals Llc $64,500 None Listed On Document
Holiday Billy L $148,000 --
Parmenter Llc $80,000 None Available
T & S Property Management Llc $82,000 None Available
Keys 2010 Llc $56,000 None Available
Hoffner Marlin F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holiday Billy L $145,220
Previous Owner Parmenter Llc $85,000
Previous Owner T & S Property Management Llc $69,700
Previous Owner Hoffner Marlin F $49,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2022 12/27/22 Sold $147,900 +3.5% $99 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $142,900 +78.6% $96 / Sq Ft
12/23/2019 12/23/19 Sold $80,000 -11.1% $96 / Sq Ft
11/21/2019 11/21/19 Pending -- -- --
11/08/2019 11/08/19 For Sale $90,000 +9.8% $108 / Sq Ft
10/31/2013 10/31/13 Sold $82,000 -15.9% $50 / Sq Ft
09/26/2013 09/26/13 Pending -- -- --
01/16/2012 01/16/12 For Sale $97,500 -- $59 / 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 $1,962 $118,000 $25,000 $93,000
2024 $80 $110,900 $22,500 $88,400
2023 $80 $110,900 $22,500 $88,400
2022 $1,764 $91,200 $17,500 $73,700
2021 $1,830 $85,200 $17,500 $67,700
2020 $1,830 $82,900 $17,500 $65,400
2019 $1,742 $80,800 $17,500 $63,300
2018 $1,694 $80,800 $17,500 $63,300
2017 $1,694 $68,200 $17,500 $50,700
2016 $1,500 $70,600 $17,500 $53,100
2015 $1,514 $71,124 $17,500 $53,624
2014 $2,140 $74,781 $17,500 $57,281
2013 $1,915 $74,781 $17,500 $57,281
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2209351

Cedar Rapids Area Association of REALTORS®

APN: 14152-77020-00000