NOT LISTED FOR SALE

1916 A Ave NE Cedar Rapids, IA 52402

Mound View Neighborhood

Estimated Value: $156,000 - $171,000

5 Beds
3 Baths
2,578 Sq Ft
$63/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $140,000 $54 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,011/month

16 Days on Market

About This Home

As of May 2023

*SALE PENDING 4/2/23*Currently ready for the new owner to make any desired changes/updates and rent! Some new updates include carpet/flooring, plumbing, paint, lighting and some new concrete. Seller will credit buyer $3,500 toward any desirable exterior updates. Sold as-is. Great investment opportunity and has been appraised in the last 6 months!

Last Agent to Sell the Property

Rossilyn Babington

Pinnacle Realty LLC Listed on: 03/17/2023

Pinnacle Realty LLC

Last Buyer's Agent

Tami Timm

Realty87

Realty87

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,928

Year Built

  • 1880

Lot Details

  • 8,059 Sq Ft Lot
  • Lot Dimensions are 50 x 145

Home Design

  • 2,578 Sq Ft Home
  • Frame Construction
  • Masonry

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Crawl Space

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,928

Year Built

1880

Lot Details

0

Listing Details

  • Acres: 0.1850
  • City Name: Cedar Rapids
  • Gross Tax: 1928
  • List User Cell Phone: 319-804-5621
  • Miscellaneous: Parking Spaces, Sep. Meter – Electric, Sep. Meter – Gas
  • Net Tax: 1928
  • Noof Units One Bedroom: 2
  • Noof Units Three Bedroom: 1
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.90323
  • Ratio Close Price By Original Li: 0.84848
  • Ratio Current Price By Sq Ft: 54.31
  • Total Sq Ft: 2578
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1880

Interior Features

  • Basement: Block, Crawl, Full

Exterior Features

  • Construction Methods: Frame, Masonry Frm
  • Exterior: Wood

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 50 X 145

Rental Info

  • Owner Pays: Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
May 9, 2023
Sold by
Corridor Equity Llc
Bought by
Royal Management Group Llc
Seller's Agent
Rossilyn Babington
Pinnacle Realty LLC
Buyer's Agent
Tami Timm
Realty87
List Price
$165,000
Sold Price
$140,000
Premium/Discount to List
-$25,000
-15.15%
Views
113
Current Estimated Value
$163,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,500
Avg. Annual Appreciation
6.74%
Original Mortgage
$176,000
Outstanding Balance
$168,638
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
-$5,138

Purchase Details

Closed on
Aug 18, 2022
Sold by
Hills Bank And Trust Company
Bought by
Corridor Equity Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
5.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 4, 2022
Sold by
Sheriff Of Linn County
Bought by
Hills Bank And Trust Company

Purchase Details

Closed on
Dec 19, 2008
Sold by
Federal National Mortgage Association
Bought by
Miller Miguel M and Miller Megan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving
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 Buyer Sale Price Title Company
Royal Management Group Llc $140,000 None Listed On Document
Corridor Equity Llc $45,000 None Listed On Document
Hills Bank And Trust Company $116,068 None Listed On Document
Miller Miguel M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Royal Management Group Llc $176,000
Previous Owner Corridor Equity Llc $112,500
Previous Owner Miller Miguel M $45,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $140,000 -9.7% $54 / Sq Ft
04/02/2023 04/02/23 Pending -- -- --
03/29/2023 03/29/23 Price Changed $155,000 -6.1% $60 / Sq Ft
03/17/2023 03/17/23 For Sale $165,000 -- $64 / 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 $1,726 $124,200 $31,600 $92,600
2024 $1,666 $117,800 $31,600 $86,200
2023 $1,666 $97,500 $31,600 $65,900
2022 $1,928 $79,000 $26,400 $52,600
2021 $1,846 $79,000 $26,400 $52,600
2020 $1,942 $69,900 $21,100 $48,800
2019 $1,834 $64,600 $21,100 $43,500
2018 $1,918 $64,600 $21,100 $43,500
2017 $2,168 $65,800 $21,100 $44,700
2016 $2,168 $65,800 $21,100 $44,700
2015 $2,912 $84,730 $23,715 $61,015
2014 $2,912 $72,063 $13,041 $59,022
2013 $2,620 $72,063 $13,041 $59,022
Source: Public Records

Agents Affiliated with this Home

  • Rossilyn Babington

    Seller's Agent in 2023

    Rossilyn Babington

    Pinnacle Realty LLC

    (319) 804-5621

    2 in this area

    169 Total Sales

    Rossilyn Babington
    Section Image
  • Tami Timm

    Buyer's Agent in 2023

    Tami Timm

    Realty87

    (319) 361-4663

    1 in this area

    227 Total Sales

    Tami Timm
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2301704

Cedar Rapids Area Association of REALTORS®

APN: 14154-51017-00000

Iowa Linn County Cedar Rapids 52402 Mound View

1916 A Ave NE, Cedar Rapids, IA

This home is located at 1916 A Ave NE, Cedar Rapids, IA 52402 since 17 March 2023 and is currently estimated at $163,500, approximately $63 per square foot. This property was built in 1880. 1916 A Ave NE is a home located in Linn County with nearby schools including Arthur 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.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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