NOT LISTED FOR SALE

1927 Mount Vernon Rd SE Cedar Rapids, IA 52403

Estimated Value: $156,000 - $183,000

3 Beds
2 Baths
3,220 Sq Ft
$53/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $150,000 $47 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,109/month

65 Days on Market

About This Home

As of September 2021

If you have ever had a desire to become a landlord here is your sign!!! So much property for the money with great rental income 1927 main unit apartment has laundry access in the lower level. The current owners have done some refreshing to kitchens and baths during their ownership and has done a great job maintaining these two units. Units are currently month to month rentals, main level units $650/mo and upper units $575/mo. Sale includes two parcels: 142710300500000/142710300400000

Last Listed By

Brooke Zrudsky

Pinnacle Realty LLC Listed on: 06/21/2021

Pinnacle Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,108

Year Built

  • 1900

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 105 x 140

Parking

  • 4 Parking Spaces

Home Design

  • 3,220 Sq Ft Home
  • Frame Construction

Utilities

  • Hot Water Heating System

Listing and Financial Details

  • The owner pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,108

Year Built

1900

Lot Details

0

Listing Details

  • Acres: 0.3380
  • City Name: Cedar Rapids
  • Gross Tax: 3108
  • List User Cell Phone: 319-899-2565
  • Miscellaneous: Basement, Parking Spaces, Ten Storag
  • Net Tax: 3108
  • Noof Units One Bedroom: 3
  • Noof Units Two Bedroom: 1
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.93809
  • Ratio Close Price By Original Li: 0.93809
  • Ratio Current Price By Sq Ft: 46.58
  • Total Sq Ft: 3220
  • Style St: Upper/Lower
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Cooling: Hot Water Heat

Schools

  • Elementary School: Grant Wood
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 105 X 140

Rental Info

  • Owner Pays: Water, Electricity, Gas

Range of Values:

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Average Value
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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

Mortgage History

Date Status Borrower Loan Amount
Closed Sqr Investments Llc $144,000
Closed Ktro Llc $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $150,000 -6.2% $47 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $159,900 +42.8% $50 / Sq Ft
12/20/2018 12/20/18 Sold $112,000 +68.4% $61 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
10/10/2018 10/10/18 Price Changed $66,500 -3.6% $36 / Sq Ft
09/19/2018 09/19/18 For Sale $69,000 +15.0% $38 / Sq Ft
06/22/2017 06/22/17 Sold $60,000 -4.0% $35 / Sq Ft
05/27/2017 05/27/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $62,500 -- $37 / 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
2023 $1,976 $93,900 $30,900 $63,000
2022 $1,738 $93,700 $28,400 $65,300
2021 $1,720 $83,900 $20,500 $63,400
2020 $1,720 $78,000 $20,500 $57,500
2019 $1,562 $72,500 $18,900 $53,600
2018 $1,520 $72,500 $18,900 $53,600
2017 $1,648 $77,500 $18,900 $58,600
2016 $1,648 $77,500 $18,900 $58,600
2015 $1,720 $80,860 $18,900 $61,960
2014 $1,720 $80,860 $18,900 $61,960
2013 $1,684 $80,860 $18,900 $61,960
Source: Public Records

Agents Affiliated with this Home

  • Brooke Zrudsky

    Seller's Agent in 2021

    Brooke Zrudsky

    Pinnacle Realty LLC

    (319) 899-2565

    194 Total Sales

    Brooke Zrudsky
    Section Image
  • Barry Frink

    Seller Co-Listing Agent in 2021

    Barry Frink

    Pinnacle Realty LLC

    (319) 651-9624

    219 Total Sales

    Barry Frink
    Section Image
  • Ryan Eighme

    Buyer's Agent in 2021

    Ryan Eighme

    Pinnacle Realty LLC

    (319) 721-6099

    137 Total Sales

    Ryan Eighme
    Section Image

  • T

    Seller's Agent in 2018

    Tyler Oswood

    INTREPID REAL ESTATE

    (319) 929-6066

    14 Total Sales

    Tyler Oswood
    Section Image
  • Angie Glick

    Buyer's Agent in 2018

    Angie Glick

    GLD COMMERCIAL

    (319) 821-0028

    130 Total Sales

    Angie Glick
    Section Image
  • Cory Rath

    Seller's Agent in 2017

    Cory Rath

    Keller Williams Advantage

    (319) 329-2679

    276 Total Sales

    Cory Rath
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2104203

Cedar Rapids Area Association of REALTORS®

APN: 14271-03004-00000

Iowa Linn County Cedar Rapids 52403

1927 Mount Vernon Rd SE, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 1927 Mount Vernon Rd SE, Cedar Rapids, IA 52403 since 21 June 2021 and is currently estimated at $169,500, approximately $52 per square foot. This property was built in 1900. 1927 Mount Vernon Rd SE is a home located in Linn County with nearby schools including Grant Wood Elementary School, McKinley STEAM Academy, 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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