NOT LISTED FOR SALE

Estimated Value: $172,000 - $196,731

6 Beds
2 Baths
2,062 Sq Ft
$90/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $190,500 $92 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,292/month

100 Days on Market

Highlights

  • Deck
  • Forced Air Cooling System
  • 4 Car Garage
  • John F. Kennedy High School Rated A-

About This Home

As of April 2023

Split level duplex with 3 Bedrooms, 1 Bath in each unit. Located on a quiet cul de sac and within walking distance to Ellis Park. Professional management in place. Potential to increase rents. Tenants responsible for all utilities.

Last Listed By

Bryant Nicholson

Affinity Real Estate Services Listed on: 12/05/2022

Affinity Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,956

Year Built

  • 1978

Lot Details

  • 9,714 Sq Ft Lot
  • Lot Dimensions are 73x143

Parking

  • 4 Car Garage

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,062 Sq Ft Home
  • Walk-Out Basement

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Separate Meters

Community Details

  • Gross Income $19,800
  • Net Operating Income $12,053

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,956

Year Built

1978

Lot Details

0

Listing Details

  • Acres: 0.2230
  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 2956
  • List User Cell Phone: 319-853-3555
  • Miscellaneous: Deck/Patio, Garage, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water
  • Net Tax: 2956
  • Noof Units Three Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.92927
  • Ratio Close Price By Original Li: 0.86591
  • Ratio Current Price By Sq Ft: 92.39
  • Total Sq Ft: 2062
  • Style St: Upper/Lower
  • Taxable Value Tv: 142700.00
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Zoning: Resident
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1978

Interior Features

  • Basement: Walkout

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Cooling: Central Air, Forced Air

Schools

  • Elementary School: Madison
  • Middle School: Roosevelt
  • High School: Kennedy

Lot Info

  • Lot Size: 73x143

Rental Info

  • Total Expenses: 7747

Multi Family

  • Gross Income: 19800
  • Net Operating Income: 12053.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2022
Closed on
Apr 12, 2023
Sold by
Hills Bank And Trust Company
Bought by
United Homes & Remodeling Llc
Seller's Agent
Bryant Nicholson
Affinity Real Estate Services
Buyer's Agent
Jeremy Trenkamp
COLDWELL BANKER HEDGES CORRIDOR
List Price
$220,000
Sold Price
$190,500
Premium/Discount to List
-$29,500
-13.41%
Total Days on Market
100
Views
185
Current Estimated Value
$185,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,817
Avg. Annual Appreciation
-1.24%
Original Mortgage
$152,400
Outstanding Balance
$147,337
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$38,346

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
United Homes & Remodeling Llc $190,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open United Homes & Remodeling Llc $152,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $190,500 -7.1% $92 / Sq Ft
03/15/2023 03/15/23 Pending -- -- --
02/17/2023 02/17/23 Price Changed $205,000 -6.8% $99 / Sq Ft
12/05/2022 12/05/22 For Sale $220,000 -- $107 / 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 $3,152 $154,900 $30,500 $124,400
2022 $2,956 $149,400 $30,500 $118,900
2021 $3,128 $142,700 $25,100 $117,600
2020 $3,128 $141,800 $25,100 $116,700
2019 $3,118 $144,700 $25,100 $119,600
2018 $3,032 $144,700 $25,100 $119,600
2017 $2,766 $135,500 $25,100 $110,400
2016 $2,766 $130,100 $25,100 $105,000
2015 $2,802 $131,651 $25,099 $106,552
2014 $2,948 $132,701 $25,099 $107,602
2013 $2,764 $132,701 $25,099 $107,602
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2210078

Cedar Rapids Area Association of REALTORS®

APN: 14181-51019-00000