NOT LISTED FOR SALE

2300 12th Ave SE Cedar Rapids, IA 52403

Estimated Value: $157,000 - $164,000

2 Beds
2 Baths
1,403 Sq Ft
$115/Sq Ft Est. Value

Last Sold January 12, 2018

Last sale price $114,000 $81 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,067/month

124 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Cooling System
  • Storage Shed
  • Eat-In Kitchen

About This Home

As of January 2018

Unique duplex opportunity in a quiet neighborhood! Live in one side and rent out the other? Or rent out both sides! There has been steady occupancy and income from this adorable property. Each unit has one large bedroom & large living room-dining room combination and eat in kitchen. Two large walk-in closets and two linen closets’ are also in each unit, shared laundry in the furnace room between the two units. A new roof was installed in October of 2017! Extra insulation was added in the attic and some updates have been done like, painting, carpeting, plumbing, counter tops, siding & windows. Rental fee is $550.00 per month each side.
One owner is a licensed realtor in the state of Iowa

Last Agent to Sell the Property

Kelly Bemus

SKOGMAN REALTY Listed on: 08/10/2017

SKOGMAN REALTY

Last Buyer's Agent

Troy Munger

SKOGMAN REALTY

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,866

Year Built

  • 1951

Parking

  • On-Street Parking

Home Design

  • 1,403 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Kitchen

  • Eat-In Kitchen
  • Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Storage Shed
  • Lot Dimensions are 50 x 102

Community Details

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,866

Year Built

1951

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1403
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 1866
  • List User Cell Phone: 319-360-0707
  • Miscellaneous: Cable Ready, Screen Porch, Storage Shed
  • Net Tax: 1866
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.95000
  • Ratio Current Price By Sq Ft: 81.25
  • Total Sq Ft: 1403
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Appliances Included: Disposal, Dryer, Hood Fan, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Basement: Slab
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Room Count: 6

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: On Street Parking

Utilities

  • Heating Cooling: Forced Air, Gas Heat, Window/Wall Air

Condo/Co-op/Association

  • Association Amenities: Common Laundry

Schools

  • Elementary School: Grant Wood
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 50 X 102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2017
Closed on
Jan 9, 2018
Sold by
Will & Grace Properties Llc
Bought by
Staab Brent J
Seller's Agent
Kelly Bemus
SKOGMAN REALTY
Buyer's Agent
Troy Munger
SKOGMAN REALTY
List Price
$120,000
Sold Price
$114,000
Premium/Discount to List
-$6,000
-5%
Current Estimated Value
$156,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,333
Avg. Annual Appreciation
4.42%
Original Mortgage
$96,900
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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
Staab Brent J $114,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Staab Brent J $262,500
Closed Staab Brent J $96,900
Previous Owner Will & Grace Properties Llc $62,500
Previous Owner Bemus Kathleen A $65,437
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2018 01/12/18 Sold $114,000 0.0% $81 / Sq Ft
12/12/2017 12/12/17 Pending -- -- --
11/20/2017 11/20/17 Price Changed $114,000 -0.9% $81 / Sq Ft
10/09/2017 10/09/17 Price Changed $115,000 -1.7% $82 / Sq Ft
08/18/2017 08/18/17 Price Changed $117,000 -2.5% $83 / Sq Ft
08/10/2017 08/10/17 For Sale $120,000 -- $86 / 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 $2,532 $136,600 $25,600 $111,000
2022 $2,426 $120,000 $22,300 $97,700
2021 $2,558 $117,100 $22,300 $94,800
2020 $2,558 $115,900 $22,300 $93,600
2019 $2,256 $104,700 $18,900 $85,800
2018 $1,834 $104,700 $18,900 $85,800
2017 $1,822 $85,700 $18,900 $66,800
2016 $1,822 $85,700 $18,900 $66,800
2015 $1,822 $85,617 $22,250 $63,367
2014 $1,815 $85,617 $22,250 $63,367
2013 $1,782 $85,617 $22,250 $63,367
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1707699

Cedar Rapids Area Association of REALTORS®

APN: 14262-29009-00000