NOT LISTED FOR SALE

1905 Johnson Ave NW Cedar Rapids, IA 52405

Estimated Value: $139,000 - $147,000

4 Beds
2 Baths
1,526 Sq Ft
$94/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $144,900 $95 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $966/month

3 Days on Market

Highlights

  • Living Room
  • Dining Room
  • Heating System Uses Gas

About This Home

As of May 2022

Updated upper/lower duplex in A+ Location. This property has new siding, roof, gutters, facia and the upper unit has been remodeled. A great cash-flowing property ready for its next owner! See attached information sheet on rent information.

Last Listed By

Jeremy Trenkamp

Coldwell Banker Hedges Corridor Listed on: 03/23/2022

Coldwell Banker Hedges Corridor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,992

Year Built

  • Built in 1910

Lot Details

  • 8,146

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 1,526 Sq Ft Home
  • Living Room
  • Dining Room
  • Unfinished Basement

Schools

  • Cleveland Elementary School
  • Roosevelt Middle School
  • Jefferson High School

Additional Features

  • Lot Dimensions are 50 x 163
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 14301770200000

Community Details

Overview

  • 2 Units
  • Nw Quandrant Subdivision

Building Details

  • Gross Income $15,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,992

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Complete
  • Remarks: Updated upper/lower duplex in A+ Location. This property has new siding, roof, gutters, facia and the upper unit has been remodeled. A great cash-flowing property ready for its next owner! See attached information sheet on rent information.
  • Year Built: 1910
  • Tax Year Report: 2021
  • Subdivision: NW Quandrant
  • Rental Permit: Yes
  • Directions: On Johnson Ave NW, CR
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: None
  • Basement Remarks: Unfinished
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Sq Ft Above: 1526

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 2 Car

Utilities

  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Electric, Gas

Schools

  • Elementary School: Cleveland
  • Middle School: Roosevelt
  • High School: Jefferson
  • High School: Jefferson
  • Jr Middle School: Roosevelt
  • Elementary School: Cleveland

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 50 x 163
  • Zoning: Res

Tax Info

  • Gross Tax County City: 1720
  • Assessor Parcel Number: 14301770200000

Multi Family

  • Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
May 1, 2022
Sold by
Finnick Investments Llc
Bought by
Crawford Kale S
Seller's Agent
Jeremy Trenkamp
Coldwell Banker Hedges Corridor
Buyer's Agent
Jason Vestweber
Skogman Realty Co.
List Price
$144,900
Sold Price
$144,900
Total Days on Market
3
Current Estimated Value
$143,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,250
Avg. Annual Appreciation
-0.28%
Original Mortgage
$13,800
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 6, 2021
Sold by
Home Rental Property Llc
Bought by
Finnick Investments Llc
Seller's Agent
Rachael Ray
SKOGMAN REALTY
Buyer's Agent
Jeremy Trenkamp
COLDWELL BANKER HEDGES CORRIDOR
List Price
$130,000
Sold Price
$125,500
Premium/Discount to List
-$4,500
-3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.32%
Original Mortgage
$100,400
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 14, 2018
Sold by
Shea Mary T
Bought by
A List Home Rental Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,400
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

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
Crawford Kale S $138,000 None Listed On Document
Finnick Investments Llc $125,500 None Available
A List Home Rental Property Llc $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crawford Kale S $13,800
Previous Owner Crawford Kale S $124,200
Previous Owner Finnick Investments Llc $100,400
Previous Owner A List Home Rental Property Llc $71,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $144,900 0.0% $95 / Sq Ft
05/02/2022 05/02/22 Sold $144,900 0.0% $95 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
03/26/2022 03/26/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $144,900 0.0% $95 / Sq Ft
03/17/2022 03/17/22 Price Changed $144,900 -3.3% $95 / Sq Ft
02/18/2022 02/18/22 For Sale $149,900 +19.4% $98 / Sq Ft
06/07/2021 06/07/21 Sold $125,500 -3.5% $82 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $130,000 -- $85 / 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
2023 $1,992 $114,700 $28,100 $86,600
2022 $1,620 $103,300 $24,100 $79,200
2021 $1,652 $78,200 $24,100 $54,100
2020 $1,652 $74,900 $21,400 $53,500
2019 $1,542 $71,500 $21,400 $50,100
2018 $1,498 $71,500 $21,400 $50,100
2017 $1,528 $70,200 $21,400 $48,800
2016 $1,492 $70,200 $21,400 $48,800
2015 $1,788 $84,035 $21,400 $62,635
2014 $1,788 $84,035 $21,400 $62,635
2013 $1,750 $84,035 $21,400 $62,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202201607

Iowa City Area Association of REALTORS®

APN: 14301-77002-00000