NOT LISTED FOR SALE

2121 Blairs Ferry Rd NE Cedar Rapids, IA 52402

-- Bed
-- Bath
5,142 Sq Ft
2003 Built

Last Sold June 01, 2018

Last sale price $308,000 $60 Per Sq Ft

92 Days on Market

About This Home

As of June 2018

Please allow 48 hours for showings. Six 2 bedroom units available. Income and expense information will be provided upon request. Units rent for $650/month except for unit 3 which was $595/month. Asking rental rate is $575/month plus $75 = $650.00/month. The $75/month covers gas, house electric, water, sewer and trash. Square footage: Apt. 1 = 850 SF; Apt. 2 = 864 SF; Apt. 3 = 850 SF; Apt. 4 = 864 SF; Apt. 5 = 850 SF and Apt. 6 864 SF per assessor site. All units have refrigerator, 30” stove, microwave/hood, washer and dryer. Tenant pays unit electric bill. Units have hot water heat. 3 of the 6 units are vacant. Excellent location right off of I-380, close to Rockwell Collins and other employers, minutes from shopping, restaurants and Cedar Valley Nature Trail.

Last Agent to Sell the Property

John Beltramea

EXIT Eastern Iowa Real Estate Corridor Listed on: 01/03/2018

Last Buyer's Agent

Bryant Nicholson

Affinity Real Estate Services

Affinity Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,644

Year Built

  • 2003

Home Design

  • 5,142 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Separate Meters

Additional Features

  • Laundry in unit
  • Deck

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,644

Year Built

2003

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 7644
  • Last City Inspection: 1/11/17
  • List User Cell Phone: 319-329-5646
  • Miscellaneous: Deck/Patio, Parking Spaces, Rent Permit, Sep. Meter – Electric, Unit Laundry
  • Net Tax: 7644
  • Noof Units Two Bedroom: 6
  • Property Sub Types: 5+ Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.94834
  • Ratio Close Price By Original Li: 0.94834
  • Ratio Current Price By Sq Ft: 59.90
  • Total Sq Ft: 5142
  • Style St: Side/Side, Upper/Lower
  • Tenants Responsibilities Include: Electricity
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2003

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

  • Heating Cooling: Hot Water Heat, Window/Wall Air

Schools

  • Elementary School: Wright
  • Middle School: Harding
  • High School: Washington

Rental Info

  • Owner Pays: Water, 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

Property History

Date Event Price Change Sq Ft Price
06/01/2018 06/01/18 Sold $308,000 -5.2% $60 / Sq Ft
04/05/2018 04/05/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $324,777 0.0% $63 / Sq Ft
01/11/2018 01/11/18 Pending -- -- --
01/03/2018 01/03/18 For Sale $324,777 -- $63 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1800160

Cedar Rapids Area Association of REALTORS®