NOT LISTED FOR SALE

2440 11th Ave SE Cedar Rapids, IA 52403

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

Sale Details

Date 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 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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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

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