NOT LISTED FOR SALE

2525 Ellis View Ct NW Cedar Rapids, IA 52405

Ellis Harbor Neighborhood

Estimated Value: $194,000 - $246,000

4 Beds
2 Baths
2,340 Sq Ft
$95/Sq Ft Est. Value

Last Sold March 06, 2023

Last sale price $200,000 $85 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,405/month

65 Days on Market

Highlights

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

About This Home

As of March 2023

Upper/lower duplex located near Ellis Park & Robins Lake at the end of a cul-de-sac with a private deck overlooking the woods & Ellis golf course. 1 unit rented at $825, 1 unit vacant and listed at $925. Tenant responsible for all utilities including Gas, Electric, Water and Trash. Professional management in place.

Last Agent to Sell the Property

Bryant Nicholson

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

Affinity Real Estate Services

Last Buyer's Agent

Katelyn Nikolaev

Pinnacle Realty LLC

Pinnacle Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,942

Year Built

  • 1979

Lot Details

  • 10,149 Sq Ft Lot
  • Lot Dimensions are 71x43

Parking

  • 4 Parking Spaces

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,340 Sq Ft Home
  • Basement Fills Entire Space Under The House

Additional Features

  • Deck
  • Forced Air Cooling System

Community Details

  • Gross Income $21,000
  • Net Operating Income $13,500

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,942

Year Built

1979

Lot Details

0

Listing Details

  • Acres: 0.2330
  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 1942
  • List User Cell Phone: 319-853-3555
  • Miscellaneous: Deck/Patio
  • Net Tax: 1942
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.90909
  • Ratio Close Price By Original Li: 0.81633
  • Ratio Current Price By Sq Ft: 85.47
  • Total Sq Ft: 2340
  • Style St: Upper/Lower
  • Taxable Value Tv: 93500.00
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: R
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1979

Interior Features

  • Basement: Full

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Cooling: Central Air, Forced Air

Lot Info

  • Lot Size: 71x43

Rental Info

  • Total Expenses: 7500

Multi Family

  • Gross Income: 21000
  • Net Operating Income: 13500.00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
03/06/2023 03/06/23 Sold $200,000 -9.1% $85 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
01/27/2023 01/27/23 Price Changed $220,000 -10.2% $94 / Sq Ft
12/05/2022 12/05/22 For Sale $245,000 -- $105 / 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
2025 $2,820 $198,900 $37,600 $161,300
2024 $3,196 $181,800 $37,600 $144,200
2023 $3,196 $159,300 $30,500 $128,800
2022 $1,942 $151,500 $30,500 $121,000
2021 $2,058 $93,700 $25,100 $68,600
2020 $2,058 $93,300 $25,100 $68,200
2019 $2,028 $94,100 $25,100 $69,000
2018 $1,972 $94,100 $25,100 $69,000
2017 $1,946 $89,400 $25,100 $64,300
2016 $1,832 $86,200 $25,100 $61,100
2015 $1,826 $85,777 $25,071 $60,706
2014 $1,826 $86,378 $25,071 $61,307
2013 $1,798 $86,378 $25,071 $61,307
Source: Public Records

Agents Affiliated with this Home

  • Bryant Nicholson

    Seller's Agent in 2023

    Bryant Nicholson

    Affinity Real Estate Services

    (319) 853-3555

    3 in this area

    109 Total Sales

    Bryant Nicholson
    Section Image

  • K

    Buyer's Agent in 2023

    Katelyn Nikolaev

    Pinnacle Realty LLC

    (319) 899-9076

    1 in this area

    136 Total Sales

    Katelyn Nikolaev
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2210083

Cedar Rapids Area Association of REALTORS®

APN: 14181-51020-00000

Iowa Linn County Cedar Rapids 52405 Ellis Harbor

2525 Ellis View Ct NW, Cedar Rapids, IA

Not Listed for Sale

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