NOT LISTED FOR SALE

1929 9th St SW Cedar Rapids, IA 52404

Estimated Value: $125,000 - $158,000

4 Beds
2 Baths
1,856 Sq Ft
$76/Sq Ft Est. Value

Last Sold May 17, 2013

Last sale price $74,150 $40 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,031/month

12 Days on Market

About This Home

As of May 2013

SELLER WILL GIVE $4000 FOR CLOSING COST, INSPECTIONS, WARRANTY, AND REPAIRS. PROPERTY SOLD AS IS. SEPERATE METERS, TENANT PAYS ALL UTILITIES.

Last Listed By

Derrick Dochterman

EPIC PROPERTY MANAGEMENT Listed on: 04/10/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • 1915

Parking

  • 2 Car Garage

Home Design

  • 1,856 Sq Ft Home
  • Frame Construction
  • Stucco

Utilities

  • Gravity Heating System
  • Heating System Uses Gas
  • Separate Meters

Additional Features

  • Laundry in unit
  • Deck
  • Lot Dimensions are 70 x 84

Listing and Financial Details

  • Tenant pays for electricity, gas, water

Property Details

Home Type

Multi-Family

Year Built

1915

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • Gross Tax: 2292
  • List User Cell Phone: 319-360-7041
  • Miscellaneous: Basement, Deck/Patio, Garage, Parking Spaces, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water, Unit Laundry
  • Net Tax: 2292
  • Noof Units Three Bedroom: 1
  • Noof Units Two Bedroom: 1
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.82481
  • Ratio Close Price By Original Li: 0.82481
  • Ratio Current Price By Sq Ft: 39.95
  • Total Sq Ft: 1856
  • Style St: Side/Side
  • Tax Roll Number: 143217701000000
  • Tenants Responsibilities Include: Electricity, Gas, Water
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1915

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Stucco

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Cooling: Gas Heat, Gravity

Schools

  • Elementary School: Grant
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: 70 X 84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2013
Closed on
May 16, 2013
Sold by
Creative Equity Llc
Bought by
Better Rentals By Connerley Llc
Seller's Agent
Derrick Dochterman
EPIC PROPERTY MANAGEMENT
Buyer's Agent
Derrick Dochterman
EPIC PROPERTY MANAGEMENT
List Price
$89,900
Sold Price
$74,150
Premium/Discount to List
-$15,750
-17.52%
Total Days on Market
12
Current Estimated Value
$141,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,350
Original Mortgage
$74,150
Interest Rate
3.38%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 8, 2009
Sold by
Rathje Craig A and Rathje Karolyn K
Bought by
Creative Equity Lc Series 58

Purchase Details

Closed on
Jun 26, 2003
Sold by
Anderson Rosemarie
Bought by
Rathje Craig A and Rathje Karolyn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.51%
Mortgage Type
Unknown

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
Better Rentals By Connerley $74,500 None Available
Creative Equity Lc Series 58 $67,663 None Available
Creative Equity Series Llc Series 58 $67,663 None Available
Rathje Craig A $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Better Rentals By Connerley Llc $74,150
Closed Better Rentals By Connerley $74,150
Previous Owner Rathje Craig A $27,653
Previous Owner Rathje Craig A $30,000
Previous Owner Rathje Craig A $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2013 05/17/13 Sold $74,150 -17.5% $40 / Sq Ft
04/22/2013 04/22/13 Pending -- -- --
04/10/2013 04/10/13 For Sale $89,900 -- $48 / 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 $2,902 $134,900 $21,800 $113,100
2022 $2,470 $137,600 $21,800 $115,800
2021 $2,620 $119,200 $18,700 $100,500
2020 $2,550 $118,700 $17,600 $101,100
2019 $2,390 $110,900 $17,600 $93,300
2018 $2,324 $110,900 $17,600 $93,300
2017 $2,138 $98,200 $17,600 $80,600
2016 $2,088 $98,200 $17,600 $80,600
2015 $2,149 $98,824 $17,627 $81,197
2014 $2,102 $119,329 $17,627 $101,702
2013 $2,484 $119,329 $17,627 $101,702
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1302429

Cedar Rapids Area Association of REALTORS®

APN: 14321-77010-00000