$80,000
SOLD DEC 23, 2019

1826 J Ave NE Cedar Rapids, IA 52402

Mound View Neighborhood
4 Beds
2 Baths
832 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$96 Per Sq Ft

11% Below List Price

13 Days on Market

About This Home

As of December 2022

2 unit investment property close to Mt. Mercy school. Two newer furnaces and water heater, shared laundry area, Lower unit pays $550/ Upper unit pays $450 per month.

Last Agent to Sell the Property

Bonnie Tiernan

Realty87 Listed on: 11/08/2019

Realty87

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,962

Year Built

  • Built in 1955

Interior Spaces

  • 832 Sq Ft Home
  • Living Room
  • Oven or Range

Basement

  • Walk-Out Basement
  • Block Basement Construction

Schools

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

Utilities

  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Internet Available

Additional Features

  • Lot Dimensions are 50 x 140
  • Property is near schools

Community Details

  • 2 Units
  • Multi Family Subdivision

Listing and Financial Details

  • Assessor Parcel Number 141527702000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,962

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Broker Loaded
  • Remarks: 2 unit investment property close to Mt. Mercy school. Two newer furnaces and water heater, shared laundry area, Lower unit pays $550/ Upper unit pays $450 per month.
  • Year Built: 1955
  • Tax Year Report: 2019
  • Subdivision: multi-family
  • Rental Permit: Yes
  • Directions: 17th St NE, E on J Ave
  • L O1 Dues Paid: y
  • Amenities: Close to School
  • Basement Remarks: Block, Walkout
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Sq Ft Above: 832
  • Lower Level Sq Ft: 823

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Window/Wall Units, Gas

Schools

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

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 50 X 140
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 1742
  • Assessor Parcel Number: 141527702000000

Multi Family

  • Units Total: 2

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
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 Type Sale Price Title Company
Warranty Deed $71,500 None Listed On Document
Warranty Deed $71,500 None Listed On Document
Warranty Deed $64,500 None Listed On Document
Warranty Deed $148,000 --
Warranty Deed $80,000 None Available
Warranty Deed $82,000 None Available
Warranty Deed $56,000 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $145,220 FHA
Previous Owner $85,000 Future Advance Clause Open End Mortgage
Previous Owner $69,700 Future Advance Clause Open End Mortgage
Previous Owner $49,500 No Value Available
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: Iowa City 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

  • Aaron Webber

    Seller's Agent in 2022

    Aaron Webber

    Keller Williams Legacy Group

    (319) 560-0169

    2 in this area

    78 Total Sales

    Aaron Webber
    Section Image

  • E

    Seller Co-Listing Agent in 2022

    Ellen Webber

    Keller Williams Legacy Group

  • D

    Buyer's Agent in 2022

    Donald Fieldhouse

    Cedar Rapids Area Association of REALTORS

    (239) 774-6598

    19 in this area

    4,967 Total Sales

    Donald Fieldhouse
    Section Image
  • Bonnie Tiernan

    Seller's Agent in 2019

    Bonnie Tiernan

    Realty87

    (319) 389-5633

    1 in this area

    83 Total Sales

    Bonnie Tiernan
    Section Image

  • N

    Buyer's Agent in 2019

    Nonmember NONMEMBER

    NONMEMBER

  • B

    Seller's Agent in 2013

    Bob Randklev

    SKOGMAN REALTY COMMERCIAL

See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20196735

Iowa City Area Association of REALTORS®

APN: 14152-77020-00000

Iowa Linn County Cedar Rapids 52402 Mound View

1826 J Ave NE, Cedar Rapids, IA

This home is located at 1826 J Ave NE, Cedar Rapids, IA 52402 and is currently priced at $80,000, approximately $96 per square foot. This property was built in 1955. 1826 J Ave NE is a home located in Linn County with nearby schools including Garfield 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.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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