NOT LISTED FOR SALE

2440 11th Ave SE Cedar Rapids, IA 52403

-- Bed
-- Bath
2,464 Sq Ft
1952 Built

Last Sold January 14, 2013

Last sale price $121,000 $49 Per Sq Ft

23 Days on Market

About This Home

As of January 2013

What an opportunity! Fully occupied town house style fourplex that has just been co-op'ed. That means taxes will be 1/2 of what's listed, likely in 2013. Tenants pay all utilities, including water. Landlord pays lawn care/snow removal only. Newer roof, furnaces have been updated in all units and 2 end units have had central air installed. Interior units have window ac. Each unit has a large rear porch not included in square footage and laundry hookups in each unit.Tenant provides own washer/dryer, and pays utils for laundry. Newer electrical to each unit. Well maintained building! 24 HOUR NOTICE REQUIRED. Rents, 500/485/475/460.

Last Agent to Sell the Property

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES Listed on: 11/14/2012

Last Buyer's Agent

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES Listed on: 11/14/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • 1952

Lot Details

  • Lot Dimensions are 72 x 145

Home Design

  • 2,464 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

  • Forced Air Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas

Community Details

  • Gross Income $23,460
  • Net Operating Income $21,760

Property Details

Home Type

Multi-Family

Year Built

1952

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • Gross Tax: 4624
  • List User Cell Phone: 319-981-3702
  • Miscellaneous: Parking Spaces, Ten Storag
  • Net Tax: 4624
  • Noof Units Two Bedroom: 4
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.94902
  • Ratio Close Price By Original Li: 0.94902
  • Ratio Current Price By Sq Ft: 49.11
  • Total Sq Ft: 2464
  • Style St: Side/Side
  • Tax Roll Number: 142620400400000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

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

Lot Info

  • Lot Size: 72 X 145

Rental Info

  • Total Expenses: 1700

Multi Family

  • Gross Income: 23460
  • Net Operating Income: 21760.00
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Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2013 01/14/13 Sold $121,000 -5.1% $49 / Sq Ft
12/07/2012 12/07/12 Pending -- -- --
11/14/2012 11/14/12 For Sale $127,500 -- $52 / 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
2025 $2,604 $157,200 $23,500 $133,700
2024 $97 $147,200 $23,500 $123,700
2023 $97 $147,200 $23,500 $123,700
2022 $2,660 $141,300 $23,500 $117,800
2021 $2,602 $128,400 $23,500 $104,900
2020 $2,602 $117,900 $20,900 $97,000
2019 $2,542 $117,900 $20,900 $97,000
2018 $2,472 $117,900 $20,900 $97,000
2017 $2,832 $121,600 $20,900 $100,700
2016 $2,584 $121,600 $20,900 $100,700
2015 $2,572 $120,857 $20,880 $99,977
2014 $2,649 $120,857 $20,880 $99,977
2013 $2,516 $120,857 $20,880 $99,977
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1208061

Cedar Rapids Area Association of REALTORS®

APN: 14262-04004-00000