NOT LISTED FOR SALE

207 27th St NW Cedar Rapids, IA 52405

Estimated Value: $151,309 - $244,000

4 Beds
2 Baths
1,972 Sq Ft
$103/Sq Ft Est. Value

Last Sold January 30, 2015

Last sale price $101,250 $51 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,373/month

11 Days on Market

About This Home

As of January 2015

*INCLUDES 209 27TH ST NW, SIDE BY SIDE DUPLEX Incredible value on these hard to find side by side 2 bedroom duplexes with nearly 1000 sf per unit PLUS full basements including 2 stall tandem style garages in each unit! ALL UTILITIES ARE SEPARATE and current rents are FAR BELOW current market rates so the income potential is far higher than current financial figures show. Tons of additional off street parking. Zero maintenance all stone exteriors. Total of 4 duplex units and one 3 bedroom, 2 bath ranch with 2 stall garage are offered, each priced at $110,000. Seller will consider bulk sale. Tenants Rights

Last Listed By

Curtis Cleveland

COLDWELL BANKER HEDGES Listed on: 11/06/2014

COLDWELL BANKER HEDGES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,232

Year Built

  • 1953

Parking

  • 6 Car Garage

Home Design

  • 1,972 Sq Ft Home
  • Stone Exterior Construction
  • Masonry

Utilities

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

Additional Features

  • Laundry in unit
  • Lot Dimensions are 102 x 135

Listing and Financial Details

  • Tenant pays for electricity, gas, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,232

Year Built

1953

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 2232
  • List User Cell Phone: 319-360-0708
  • Miscellaneous: Garage, Parking Spaces, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water, Ten Storag, Unit Laundry
  • Net Tax: 2232
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.92045
  • Ratio Close Price By Original Li: 0.92045
  • Ratio Current Price By Sq Ft: 51.34
  • Total Sq Ft: 1972
  • Style St: Side/Side
  • Tax Roll Number: 143027701000000
  • Tenants Responsibilities Include: Electricity, Gas, Water
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: MULTI
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1953

Exterior Features

  • Construction Methods: Masonry Frm
  • Exterior: Concrete Block, Stone

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Schools

  • Elementary School: Cleveland
  • Middle School: Roosevelt
  • High School: Jefferson

Lot Info

  • Lot Size: 102 X 135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2022
Sold by
Scottsman Properties Llc
Bought by
Mccurdy Properties Llc
Total Days on Market
11
Current Estimated Value
$203,577

Purchase Details

Listed on
Nov 6, 2014
Closed on
Jan 28, 2015
Sold by
Lesmeister Real Estate Investments Inc
Bought by
Scottsman Properties Llc
Seller's Agent
Curtis Cleveland
COLDWELL BANKER HEDGES
Buyer's Agent
Jeremy Johannes
Epique Realty
List Price
$110,000
Sold Price
$101,250
Premium/Discount to List
-$8,750
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$104,000
Interest Rate
3.56%
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
Mccurdy Properties Llc -- --
Mccurdy Properties Llc -- --
Scottsman Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scottsman Properties Llc $125,760
Previous Owner Scottsman Properties Llc $104,000
Previous Owner Scottsman Properties Llc $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2015 01/30/15 Sold $101,250 -8.0% $51 / Sq Ft
11/17/2014 11/17/14 Pending -- -- --
11/06/2014 11/06/14 For Sale $110,000 -- $56 / 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 $2,868 $154,900 $43,300 $111,600
2022 $2,714 $136,000 $37,100 $98,900
2021 $2,424 $131,000 $37,100 $93,900
2020 $2,424 $109,900 $33,000 $76,900
2019 $2,266 $105,100 $33,000 $72,100
2018 $2,202 $105,100 $33,000 $72,100
2017 $2,186 $102,800 $33,000 $69,800
2016 $2,186 $102,800 $33,000 $69,800
2015 $2,282 $107,236 $30,906 $76,330
2014 $2,282 $107,236 $30,906 $76,330
2013 $2,232 $107,236 $30,906 $76,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1407508

Cedar Rapids Area Association of REALTORS®

APN: 14302-77010-00000