NOT LISTED FOR SALE

2212 Fruitland Blvd SW Unit 2212/2214 Cedar Rapids, IA 52404

Southwest Area Neighborhood

Estimated Value: $137,000 - $148,843

4 Beds
2 Baths
1,536 Sq Ft
$91/Sq Ft Est. Value

Last Sold August 28, 2024

Last sale price $137,000 $89 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $967/month

54 Days on Market

Highlights

  • Forced Air Cooling System
  • Garage
  • Fenced

About This Home

As of August 2024

Investor Alert! Duplex has 2 2br 1 bath units which one side rents for $895 + pet fees and the other $860 + pet fees. Both include laundry in unit. Tenant pays gas/electric and owner pays water/sewer. Both sides leased until end of May but are actively being shown to prospective renters.


2214 has fresh paint and LVP throughout in spring of 23 and has a 2 stall detached garage and a fenced in backyard. Fresh paint in 2022 for unit 2212. New metal roof after the derecho.

Duplex is being sold As Is, Inspections are for buyers knowledge only. No remedies or repairs will be made. Listing agent is the seller.

Last Listed By

Justin Downs

Pinnacle Realty LLC Listed on: 05/10/2024

Pinnacle Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,258

Year Built

  • 1967

Lot Details

  • 5,881 Sq Ft Lot
  • Fenced

Parking

  • Garage

Home Design

  • 1,536 Sq Ft Home
  • Slab Foundation
  • Frame Construction

Laundry

  • Laundry in unit

Utilities

  • Forced Air Cooling System
  • Separate Meters

Listing and Financial Details

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

Community Details

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $22,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,258

Year Built

1967

Lot Details

0

Listing Details

  • Acres: 0.1350
  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 2258
  • List User Cell Phone: 563-608-2313
  • Miscellaneous: Fencing, Garage, Parking Spaces, Rent Permit, Sep. Meter – Electric, Sep. Meter – Gas, Ten Storag, Unit Laundry
  • Net Tax: 2258
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.91402
  • Ratio Close Price By Original Li: 0.78286
  • Ratio Current Price By Sq Ft: 89.19
  • Total Sq Ft: 1536
  • Style St: Side/Side
  • Tenants Responsibilities Include: Electricity, Gas
  • Water Sewer Roads: City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1967

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Utilities

  • Heating Cooling: Central Air, Forced Air

Schools

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

Lot Info

  • Lot Size: .135 Acre

Rental Info

  • Owner Pays: Water
  • Pets: Pets Allowed

Multi Family

  • Gross Income: 22780

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Aug 28, 2024
Sold by
Updowns Investments Llc
Bought by
Blue Waters Llc
Seller's Agent
Justin Downs
Pinnacle Realty LLC
Buyer's Agent
Laura Merchan
SKOGMAN REALTY
List Price
$175,000
Sold Price
$137,000
Premium/Discount to List
-$38,000
-21.71%
Total Days on Market
54
Views
60
Current Estimated Value
$140,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,461
Avg. Annual Appreciation
3.74%
Original Mortgage
$215,000
Outstanding Balance
$213,690
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$73,229

Purchase Details

Closed on
Apr 17, 2020
Sold by
Lkj Enterprises Llc
Bought by
Updowns Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,750
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 9, 1999
Sold by
Linnhaven Inc
Bought by
Ask Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,062
Interest Rate
7.77%

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
Blue Waters Llc $136,000 None Listed On Document
Updowns Investments Llc $115,000 None Available
Ask Inc $76,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blue Waters Llc $215,000
Previous Owner Updowns Investments Llc $97,750
Previous Owner Lkj Enterprises Llc $102,000
Previous Owner Ask Inc $83,200
Previous Owner Ask Inc $251,362
Previous Owner Ask Inc $69,062
Closed Ask Inc $69,062
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2024 08/28/24 Sold $137,000 -8.6% $89 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
06/17/2024 06/17/24 Price Changed $149,888 -3.9% $98 / Sq Ft
06/12/2024 06/12/24 Price Changed $156,000 -2.5% $102 / Sq Ft
06/05/2024 06/05/24 Price Changed $160,000 -4.5% $104 / Sq Ft
05/22/2024 05/22/24 Price Changed $167,500 -4.3% $109 / Sq Ft
05/10/2024 05/10/24 For Sale $175,000 -- $114 / 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 $2,258 $109,200 $19,600 $89,600
2022 $2,148 $107,100 $19,600 $87,500
2021 $2,026 $103,700 $19,600 $84,100
2020 $2,026 $91,800 $16,100 $75,700
2019 $1,992 $92,400 $13,800 $78,600
2018 $1,954 $92,400 $13,800 $78,600
2017 $1,926 $89,200 $13,800 $75,400
2016 $1,926 $90,600 $13,800 $76,800
2015 $1,900 $89,312 $13,800 $75,512
2014 $1,957 $89,312 $13,800 $75,512
2013 $1,526 $89,312 $13,800 $75,512
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Justin Downs

    Pinnacle Realty LLC

    (563) 608-2313

    1 in this area

    6 Total Sales

    Justin Downs
    Section Image

  • L

    Buyer's Agent in 2024

    Laura Merchan

    SKOGMAN REALTY

    (319) 551-8900

    3 in this area

    87 Total Sales

    Laura Merchan
    Section Image
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Map

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Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2403197

Cedar Rapids Area Association of REALTORS®

APN: 14342-78018-00000

Iowa Linn County Cedar Rapids 52404 Southwest Area

2212 Fruitland Blvd SW Unit 2212/2214, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 2212 Fruitland Blvd SW Unit 2212/2214, Cedar Rapids, IA 52404 since 10 May 2024 and is currently estimated at $140,461, approximately $91 per square foot. This property was built in 1967. 2212 Fruitland Blvd SW Unit 2212/2214 is a home located in Linn County with nearby schools including Wilson Middle School, Thomas Jefferson High School, and Tanager Place 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.