Seller's Agent in 2023
Rossilyn Babington
Pinnacle Realty LLC
(319) 804-5621
9 in this area
172 Total Sales
1916 A Ave NE Cedar Rapids, IA 52402
Mound View NeighborhoodEstimated Value: $158,000 - $187,000
5
Beds
3
Baths
2,578
Sq Ft
$67/Sq Ft
Est. Value
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!
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,500
Avg. Annual Appreciation
8.64%
Original Mortgage
$176,000
Outstanding Balance
$168,638
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$3,862
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
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
-
Tami Timm
Buyer's Agent in 2023
Tami Timm
Realty87
(319) 361-4663
3 in this area
225 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2301704
APN: 14154-51017-00000
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.
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