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 Listed By

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

Schools

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

Lot Info

  • Lot Size: 72 X 145

Rental Info

  • Total Expenses: 1700

Multi Family

  • Gross Income: 23460
  • Net Operating Income: 21760.00

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2013

    Graf Home Selling Team

    GRAF HOME SELLING TEAM & ASSOCIATES

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1208061

Cedar Rapids Area Association of REALTORS®

APN: 14262-04004-00000

Iowa Linn County Cedar Rapids 52403

2440 11th Ave SE, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 2440 11th Ave SE, Cedar Rapids, IA 52403 since 14 November 2012. This property was built in 1952. 2440 11th Ave SE is a home located in Linn County with nearby schools including Grant Wood Elementary School, McKinley STEAM Academy, 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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