NOT LISTED FOR SALE

212 5th Ave SW Cedar Rapids, IA 52404

Downtown Cedar Rapids Neighborhood

Estimated Value: $129,000 - $138,000

2 Beds
2 Baths
1,326 Sq Ft
$101/Sq Ft Est. Value

Last Sold July 16, 2019

Last sale price $105,000 $79 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $867/month

10 Days on Market

About This Home

As of July 2019

Perfect for the savvy home buyer or investor. Live in the lower level and rent the upper apartment. Separate meters for gas and electric. Occupants pay their own gas and electric. New owner could do the same for the water. Two bedroom has been rented for $750/month. One bedroom can be rented for $350/month. Washer and dryer stays with the property and is located in a very clean, dry and "unscary" basement. Newer mechanical s including heat, air, water heater and roof. Detached car port with alley access. Cute neighborhood. Set up your private showing today!!

Last Agent to Sell the Property

Lisa Vecerka

COLDWELL BANKER HEDGES Listed on: 06/04/2019

COLDWELL BANKER HEDGES

Last Buyer's Agent

Bryant Nicholson

Affinity Real Estate Services

Affinity Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,218

Year Built

  • 1890

Parking

  • 2 Parking Spaces

Home Design

  • 1,326 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

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

Additional Features

  • Deck
  • Lot Dimensions are 30 x 140

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,218

Year Built

1890

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 1218
  • Last City Inspection: Spring
  • List User Cell Phone: 319-533-8336
  • Miscellaneous: Basement, Common Laundry-Owned, Deck/Patio, Parking Spaces, Sep. Meter – Electric, Sep. Meter – Gas
  • Net Tax: 1218
  • Noof Units One Bedroom: 1
  • Noof Units Two Bedroom: 1
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.95455
  • Ratio Close Price By Original Li: 0.95455
  • Ratio Current Price By Sq Ft: 79.19
  • Total Sq Ft: 1326
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 30 X 140

Rental Info

  • Owner Pays: Water
  • Total Expenses: 1080

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2019
Closed on
Jul 15, 2019
Sold by
Wermager Lyle G and Gallegos Wermager Maria Louiesa
Bought by
Henson Home Services Llc
Seller's Agent
Lisa Vecerka
COLDWELL BANKER HEDGES
Buyer's Agent
Bryant Nicholson
Affinity Real Estate Services
List Price
$110,000
Sold Price
$105,000
Premium/Discount to List
-$5,000
-4.55%
Current Estimated Value
$133,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,458
Avg. Annual Appreciation
5.34%
Original Mortgage
$81,920
Outstanding Balance
$70,272
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$72,828
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
Henson Home Services Llc $105,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henson Home Services Llc $81,920
Previous Owner Wermager Lyle G $30,000
Previous Owner Gallegos Wermager Maria Louiesa $19,946
Previous Owner Wermager Lyle G $18,139
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2019 07/16/19 Sold $105,000 -4.5% $79 / Sq Ft
06/14/2019 06/14/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $110,000 -- $83 / 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 $1,474 $86,900 $15,000 $71,900
2022 $1,450 $69,900 $15,000 $54,900
2021 $1,316 $70,000 $15,000 $55,000
2020 $1,316 $59,600 $10,500 $49,100
2019 $1,252 $58,100 $9,000 $49,100
2018 $1,218 $58,100 $9,000 $49,100
2017 $1,050 $62,000 $9,000 $53,000
2016 $1,050 $49,400 $7,700 $41,700
2015 $1,034 $48,633 $7,650 $40,983
2014 $1,034 $48,633 $7,650 $40,983
2013 $1,012 $48,633 $7,650 $40,983
Source: Public Records

Agents Affiliated with this Home

  • Lisa Vecerka

    Seller's Agent in 2019

    Lisa Vecerka

    COLDWELL BANKER HEDGES

    (319) 533-8336

    41 Total Sales

    Lisa Vecerka
    Section Image
  • Bryant Nicholson

    Buyer's Agent in 2019

    Bryant Nicholson

    Affinity Real Estate Services

    (319) 853-3555

    107 Total Sales

    Bryant Nicholson
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1904175

Cedar Rapids Area Association of REALTORS®

APN: 14282-56014-00000

Iowa Linn County Cedar Rapids 52404 Downtown Cedar Rapids

212 5th Ave SW, Cedar Rapids, IA

This home is located at 212 5th Ave SW, Cedar Rapids, IA 52404 since 04 June 2019 and is currently estimated at $133,458, approximately $100 per square foot. This property was built in 1890. 212 5th Ave SW is a home located in Linn County with nearby schools including Cedar River Academy at Taylor Elementary School, Wilson Middle School, and Thomas Jefferson 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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