$157,000
SOLD APR 25, 2024
-- Bed
-- Bath
3,012 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$52 Per Sq Ft

17% Below List Price

4 Days on Market

About This Home

As of April 2024

4 Unit Apartment building currently completely rented all 2 bedroom 1 bathroom units. Seller financing available for a qualified buyer with $40,000 down payment. Nice upgrades such as LVP flooring. Property could be sold as a package deal with 2 additional 4 plexes in the same complex 226 and 238 Palmer Drive.Property to be sold as is. Buyers inspections for informational purposes only.

Last Agent to Sell the Property

connor harris

SKOGMAN REALTY Listed on: 03/11/2024

SKOGMAN REALTY

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,488

Year Built

  • 1965

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60x105

Home Design

  • 3,012 Sq Ft Home
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Community Details

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $32,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,488

Year Built

1965

Lot Details

0

Listing Details

  • Acres: 0.1500
  • City Name: Waterloo
  • Gross Tax: 2488
  • List User Cell Phone: 319-855-2212
  • Net Tax: 2488
  • Noof Units Two Bedroom: 4
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.82632
  • Ratio Close Price By Original Li: 0.82632
  • Ratio Current Price By Sq Ft: 52.12
  • Total Sq Ft: 3012
  • Style St: Flat/Apartment
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: RES
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

  • Heating Cooling: Gas Heat

Schools

  • Elementary School: Kingsley
  • Middle School: Hoover
  • High School: West

Lot Info

  • Lot Size: 60X105

Rental Info

  • Pets: Pets Allowed

Multi Family

  • Gross Income: 32100

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Range of Values:

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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
10/08/2024 10/08/24 Off Market $875 -- --
10/01/2024 10/01/24 For Rent $875 0.0% --
08/01/2024 08/01/24 For Rent $875 0.0% --
04/25/2024 04/25/24 Sold $157,000 -17.4% $52 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $190,000 +58.3% $63 / Sq Ft
12/03/2020 12/03/20 Sold $120,000 -11.1% $80 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
06/06/2020 06/06/20 For Sale $135,000 -- $90 / 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: 2401566

Cedar Rapids Area Association of REALTORS®