NOT LISTED FOR SALE

2230 2nd St SW Cedar Rapids, IA 52404

Southwest Area Neighborhood

Estimated Value: $138,619 - $143,000

4 Beds
3 Baths
1,809 Sq Ft
$78/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $130,000 $72 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $789/month

10 Days on Market

About This Home

As of June 2022

Side by Side Investment property looking for a new owner. Tenants in place. Good location near school and I-380. 2 units, each with 2 bed/1 bath. Min 24 hour notice to show. Property being sold As-Is

Last Listed By

Chad Gloede

RE/MAX CONCEPTS Listed on: 04/15/2022

RE/MAX CONCEPTS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,544

Year Built

  • 1948

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 80x99

Home Design

  • 1,809 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,544

Year Built

1948

Lot Details

0

Listing Details

  • Acres: 0.1800
  • City Name: Cedar Rapids
  • Gross Tax: 2544
  • List User Cell Phone: 319-573-0697
  • Miscellaneous: Basement
  • Net Tax: 2544
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.89655
  • Ratio Close Price By Original Li: 0.89655
  • Ratio Current Price By Sq Ft: 71.86
  • Total Sq Ft: 1809
  • Style St: Side/Side
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1948

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

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

Schools

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

Lot Info

  • Lot Size: 80x99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
Jun 2, 2022
Sold by
Df Jones Enterprises Llc
Bought by
Aw Investments Llc
Seller's Agent
Chad Gloede
RE/MAX CONCEPTS
Buyer's Agent
Raymond Siddell
Keller Williams Legacy Group
List Price
$145,000
Sold Price
$130,000
Premium/Discount to List
-$15,000
-10.34%
Total Days on Market
10
Current Estimated Value
$140,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,540
Avg. Annual Appreciation
2.72%
Original Mortgage
$135,000
Outstanding Balance
$129,385
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$11,155

Purchase Details

Closed on
May 5, 2009
Sold by
Ritchie James T and Ritchie Phyllis F
Bought by
Jones Douglas F and Jones Bonnie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,378
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

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
Aw Investments Llc $130,000 None Listed On Document
Jones Douglas F $85,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aw Investments Llc $135,000
Previous Owner Jones Doug F $71,378
Previous Owner Ritchie James T $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $130,000 -10.3% $72 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $145,000 -- $80 / 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 $117 $132,900 $35,200 $97,700
2022 $117 $127,300 $35,200 $92,100
2021 $2,544 $122,300 $35,200 $87,100
2020 $89 $115,300 $35,200 $80,100
2019 $2,168 $100,600 $29,900 $70,700
2018 $2,108 $100,600 $29,900 $70,700
2017 $2,152 $98,800 $29,900 $68,900
2016 $2,130 $100,200 $29,900 $70,300
2015 $2,250 $105,706 $29,920 $75,786
2014 $2,545 $108,049 $29,920 $78,129
2013 $2,250 $108,049 $29,920 $78,129
Source: Public Records

Agents Affiliated with this Home

  • Chad Gloede

    Seller's Agent in 2022

    Chad Gloede

    RE/MAX

    (319) 573-0697

    14 in this area

    333 Total Sales

    Chad Gloede
    Section Image

  • N

    Seller Co-Listing Agent in 2022

    Noah Gloede

    RE/MAX

    (319) 450-5251

    8 in this area

    137 Total Sales

    Noah Gloede
    Section Image
  • Raymond Siddell

    Buyer's Agent in 2022

    Raymond Siddell

    Keller Williams Legacy Group

    (319) 329-6102

    6 in this area

    106 Total Sales

    Raymond Siddell
    Section Image
See All Agents

Map

Similar Home in Cedar Rapids, IA

  • 500 C Ave NW Unit A-B, Cedar Rapids, IA 52405

    $119,900

    • 2 Beds
    • 2 Baths
    • 965 Sq Ft
    • 500 C Ave NW
    • Unit A-B
    • Cedar Rapids, IA

    Investment Opportunity! This 1 bed/1bath duplex has undergone a large remodel in both units, and is currently occupied. The landlord covers water expenses, while tenants are responsible for electricity and gas. A well-maintained property offering stable occupancy, and updated living spaces. Please allow 48 hours notice to tenants prior to scheduling showing. Inquire with listing agent for

    Ross Nusser Urban Acres Real Estate Corridor

    Section Image
See All Homes in Cedar Rapids

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2203450

Cedar Rapids Area Association of REALTORS®

APN: 14331-55017-00000

Iowa Linn County Cedar Rapids 52404 Southwest Area

2230 2nd St SW, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 2230 2nd St SW, Cedar Rapids, IA 52404 since 15 April 2022 and is currently estimated at $140,540, approximately $77 per square foot. This property was built in 1948. 2230 2nd St SW is a home located in Linn County with nearby schools including Wilson Middle School, Thomas Jefferson High School, and Holy Family School St. Ludmila Center.

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.