Great opportunity to own a duplex located in prime location for rentals. Upper unit is 1 bed 1 bath and lower unit is 2 bed 2 bath. Seller has replaced the roof, replaced electrical boxes on exterior and replaced the Orangeburg sewer pipes. Lower unit is currently rented month to month. Property sold as is
Miscellaneous: Parking Spaces, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water
Net Tax: 1531
Noof Units One Bedroom: 1
Noof Units Two Bedroom: 1
Property Sub Types: 1-4 Units
Property Type: Multi-Family
Ratio Close Price By List Price: 0.96538
Ratio Close Price By Original Li: 0.96538
Ratio Current Price By Sq Ft: 82.24
Total Sq Ft: 1526
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: 1910
Exterior Features
Construction Methods: Frame
Exterior: Vinyl
Garage/Parking
Number Of Parking Spaces: 2
Utilities
Heating Cooling: Hot Water Heat, Window/Wall Air
Schools
Elementary School: Cleveland
Middle School: Roosevelt
High School: Jefferson
Lot Info
Lot Size: 50 X 163
Multi Family
Gross Income: 15900
Ownership History
DateNameOwned ForOwner Type
May 2022 - PresentCrawford Kale S3 Years
Private Individual
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
5
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
Jun 2021 - May 2022Finnick Investments Llc11 Months
Company
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
Aug 2018 - Jun 2021A List Home Rental Property Llc2 Years and 10 Months
Company
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
Map
Range of Values:
Collateral Analytics
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Average Value
Not Available
List Price
Sold Price
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Investment Opportunity! This 1 bed/1bath duplex has undergone a large remodel in both units, and is currently occupied. The landlord covers water expenses, while tenants are responsible for electricity and gas. A well-maintained property offering stable occupancy, and updated living spaces. Please allow 48 hours notice to tenants prior to scheduling showing. Inquire with listing agent for
Source: Cedar Rapids Area Association of REALTORS®
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.
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
Source: Cedar Rapids Area Association of REALTORS®
This home is located at 1905 Johnson Ave NW, Cedar Rapids, IA 52405 and is currently priced at $125,500, approximately $82 per square foot. This property was built in 1910. 1905 Johnson Ave NW is a home located in Linn County with nearby schools including Cleveland Elementary School, Roosevelt Creative Corridor Business Academy, and Thomas Jefferson High School.
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