$562,100
SOLD OCT 8, 2019

2410 1st Ave NE Cedar Rapids, IA 52402

-- Bed
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Recently Sold

2 Days on Market

About This Home

As of July 2023

Great Investment opportunity with 7 fully leased properties on month-to-month rental terms. Contact the listing agent for a breakdown of lease rates and list of improvements to each property. Qualified buyers may request a tour of all 7 properties with up to 48 hours notice. Properties are sold as-is.
*Sale includes package of 7 properties; addresses and parcel numbers are as follows:
1. 2410 1st Ave NE #14142-52021-00000 (single family)
2. 2510 Linwood St SW #14333-35002-00000 (single family)
3. 348 17th St SE #14221-55012- 00000 (single family)
4. 618 13th St NW #14203-83018-00000 (single family)
5. 1107 A Ave NW #14291-58003-00000 (single family)
6. 1521 10th St NW #14201-53007-00000 (single family)
7. 645 16th Ave SW #14321-07008-00000 (duplex)

Last Agent to Sell the Property

Stefan Doerrfeld

Twenty40 Real Estate + Development

Co-Listed By

Mark Doerrfeld

COLDWELL BANKER HEDGES

Last Buyer's Agent

Karen Knight

COLDWELL BANKER HEDGES

COLDWELL BANKER HEDGES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,910

Year Built

  • 1954

Home Design

  • Frame Construction
  • Aluminum Siding
  • Vinyl Construction Material

Utilities

  • Separate Meters

Community Details

  • Gross Income $82,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,910

Year Built

1954

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 2910
  • List User Cell Phone: 319-361-3881
  • Miscellaneous: Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water
  • Net Tax: 2910
  • Property Sub Types: 5+ Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.99663
  • Ratio Close Price By Original Li: 0.99663
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1954

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum, Vinyl

Schools

  • Elementary School: Other
  • Middle School: Other
  • High School: Other

Lot Info

  • Lot Size: Common

Multi Family

  • Gross Income: 82980

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Jul 16, 2023
Sold by
Ftf Enterprises Llc
Bought by
Standley Devin and Lovetinsky Nicole
Seller's Agent
Jackie Karamitros
Pinnacle Realty LLC
Buyer's Agent
Steve Emig
SKOGMAN REALTY
List Price
$130,000
Sold Price
$130,000
Total Days on Market
2
Views
30
Current Estimated Value
$156,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,291
Avg. Annual Appreciation
10.59%
Original Mortgage
$26,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 10, 2019
Closed on
Oct 1, 2019
Sold by
Horizon Properties & Investments Llc
Bought by
Fif Enterprises Llc
Seller's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
Buyer's Agent
Karen Knight
COLDWELL BANKER HEDGES
List Price
$564,000
Sold Price
$562,100
Premium/Discount to List
-$1,900
-0.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-32.11%

Map

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 Type Sale Price Title Company
Warranty Deed $130,000 None Listed On Document
Warranty Deed $120,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $26,000 New Conventional
Open $104,000 New Conventional
Previous Owner $110,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $41,000 Unknown
Closed $0 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2023 07/18/23 Sold $130,000 0.0% $60 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $130,000 -76.9% $60 / Sq Ft
10/08/2019 10/08/19 Sold $562,100 -0.3% --
08/12/2019 08/12/19 Pending -- -- --
08/10/2019 08/10/19 For Sale $564,000 +788.2% --
03/01/2013 03/01/13 Sold $63,500 -7.3% $26 / Sq Ft
02/01/2013 02/01/13 Pending -- -- --
11/30/2012 11/30/12 For Sale $68,500 -- $28 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

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 $3,248 $154,000 $24,100 $129,900
2022 $3,092 $154,000 $21,500 $132,500
2021 $3,178 $149,300 $21,500 $127,800
2020 $3,178 $144,000 $17,900 $126,100
2019 $2,992 $138,800 $17,900 $120,900
2018 $2,910 $138,800 $17,900 $120,900
2017 $2,320 $117,100 $17,900 $99,200
2016 $2,320 $109,100 $17,900 $91,200
2015 $2,322 $109,157 $19,668 $89,489
2014 $2,322 $114,370 $19,668 $94,702
2013 $2,382 $114,370 $19,668 $94,702
Source: Public Records

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1905961

Cedar Rapids Area Association of REALTORS®

APN: 14142-52021-00000

Iowa Linn County Cedar Rapids 52402

2410 1st Ave NE, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 2410 1st Ave NE, Cedar Rapids, IA 52402 and is currently priced at $562,100. This property was built in 1954. 2410 1st Ave NE is a home located in Linn County with nearby schools including Arthur Elementary School, Franklin Middle School, 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.

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