NOT LISTED FOR SALE

216 16th St SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $85,978 - $126,000

6 Beds
2 Baths
2,366 Sq Ft
$46/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $125,000 $53 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $735/month

158 Days on Market

Highlights

  • No HOA
  • Wood Siding
  • Heating System Uses Gas

About This Home

As of April 2024

Spacious two story duplex with recent updates and charm. Exterior was just painted. Both units have a private entrance, hardwood, large bedrooms, and a living room AND dining room - a rare find. Upstairs unit has updated kitchen and bathroom. Downstairs unit has long term tenant. Large parking pad next to property is for off-street parking. Tenants pay $645/mo and $550/mo and pay electricity.

Last Listed By

Griffin Karr

Midwest Asset Group Listed on: 10/23/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 4,182

Home Design

  • Frame Construction
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,366 Sq Ft Home
  • Partial Basement

Schools

  • Johnson Elementary School
  • Mckinley Middle School
  • Washington High School

Additional Features

  • 4,182 Sq Ft Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for gas, water
  • Assessor Parcel Number 14222-09006-00000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $14,340

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.096
  • Co List Office Phone: 319-826-2683
  • MLS Status: Closed
  • Directions: 1st Ave to 16th St SE
  • Year Built: 1912
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Basement: Yes

Exterior Features

  • Construction Type: Frame, Vinyl Siding, Wood Siding

Garage/Parking

  • Parking Features: Parking Space(s)

Utilities

  • Utilities: Separate Meters
  • Sewer: Public Sewer
  • Heating: Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Johnson
  • High School: Washington
  • Middle Or Junior School: McKinley

Lot Info

  • Lot Dimensions: 4,200
  • ResoLotSizeUnits: Acres
  • Parcel Number: 14222-09006-00000
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Gas, Water

Multi Family

  • Gross Income: 14340.0
  • Number Of Units Total: 2
  • Tenant Pays: Electricity

Tax Info

  • Tax Annual Amount: 3300.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2019
Closed on
Apr 15, 2019
Sold by
Barton Paula J
Bought by
Reed Eric J
Seller's Agent
Josie Ashmore
Pinnacle Realty
Buyer's Agent
Jim Zachar
Coldwell Banker Hedges Corridor
List Price
$64,900
Sold Price
$59,950
Premium/Discount to List
-$4,950
-7.63%
Total Days on Market
158
Current Estimated Value
$109,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,043
Avg. Annual Appreciation
10.52%
Original Mortgage
$47,960
Interest Rate
4.2%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Reed Eric J $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reed Eric $47,960
Previous Owner Reed Eric J $47,960
Previous Owner Barton Steven L $60,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $125,000 +0.1% $53 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $124,900 -0.1% $53 / Sq Ft
02/29/2024 02/29/24 Off Market $125,000 -- --
10/23/2023 10/23/23 For Sale $124,900 +108.3% $53 / Sq Ft
04/16/2019 04/16/19 Sold $59,950 -7.6% $25 / Sq Ft
02/21/2019 02/21/19 Pending -- -- --
02/06/2019 02/06/19 For Sale $64,900 -- $27 / 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 $1,512 $77,600 $16,500 $61,100
2022 $1,318 $71,700 $16,500 $55,200
2021 $1,360 $63,600 $13,900 $49,700
2020 $1,360 $61,600 $13,900 $47,700
2019 $1,272 $59,000 $12,200 $46,800
2018 $1,236 $59,000 $12,200 $46,800
2017 $1,242 $58,400 $12,200 $46,200
2016 $1,242 $58,400 $12,200 $46,200
2015 $1,356 $63,727 $12,152 $51,575
2014 $1,356 $63,727 $12,152 $51,575
2013 $1,326 $63,727 $12,152 $51,575
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Griffin Karr

    Midwest Asset Group

    (319) 800-1121

    3 in this area

    4 Total Sales

    Griffin Karr
    Section Image
  • Jaime Hymer

    Buyer's Agent in 2024

    Jaime Hymer

    Pinnacle Realty LLC

    (319) 440-7245

    10 in this area

    303 Total Sales

    Jaime Hymer
    Section Image
  • Josie Ashmore

    Seller's Agent in 2019

    Josie Ashmore

    Pinnacle Realty

    (312) 731-8186

    2 in this area

    105 Total Sales

    Section Image
  • Jim Zachar

    Buyer's Agent in 2019

    Jim Zachar

    Coldwell Banker Hedges Corridor

    (319) 389-0008

    2 in this area

    135 Total Sales

    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2306968

Cedar Rapids Area Association of REALTORS®

APN: 14222-09006-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

216 16th St SE, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 216 16th St SE, Cedar Rapids, IA 52403 since 23 October 2023 and is currently estimated at $109,993, approximately $46 per square foot. This property was built in 1912. 216 16th St SE is a home located in Linn County with nearby schools including Johnson Elementary School, McKinley STEAM Academy, and George Washington 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.

Nearby Homes