
263 Wilson Ave SW Cedar Rapids, IA 52404
Southwest Area NeighborhoodEstimated payment $1,578/month
Highlights
- 0.42 Acre Lot
- Forced Air Heating and Cooling System
- Fenced
- Detached Garage
About This Home
The cap rate for this property is 13.4% This property is an incredible opportunity for any kind of investor. Two rental houses on one property. Double your rental income monthly. This very unique opportunity in the Cedar Rapids metro area. both dwellings have been COMPLETELY UPDATED!!. The property consists of a single family home TUnique opportunity in the Cedar Rapids metro area. both dwellings have been completely updated. The property consists of a single family home (front of property) with three bedrooms and two bathrooms and an accessory dwelling unit (ADU) with two bedrooms and one bathroom (rear of property). There are two garages, both consisting of separate individual parking spaces. The opportunities are endless with the possibility of owner occupying one structure and leasing the other either on a short term basis or longer term, lease both structures, or use one as a work from home space. There is plenty of parking space.The property taxes you see are the total taxes of the two properties combined (information provided from city assessor site). The city recently combined the following two parcels into one new parcel to include all four structures: 143330100300000 (263 Wilson Ave) and 143330100400000 (265 Wilson Ave) are the parcel numbers showing on the assessor's site currently. The new parcel parcel number is 143330102300000. Utilities are separate for each house structure, and the mailing address the utility company uses are 263 Wilson for front house and 265 Wilson for the ADU.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,021
Year Built
- Built in 1895
Lot Details
- 0.42 Acre Lot
- Fenced
Home Design
- Frame Construction
- Siding
Interior Spaces
- 2,072 Sq Ft Home
- 1.5-Story Property
- Basement Fills Entire Space Under The House
Kitchen
- Range with Range Hood
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Parking
- Detached Garage
- Garage Door Opener
Schools
- Grant Elementary School
- Wilson Middle School
- Jefferson High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 143330102300000
Map
Home Values in the Area
Average Home Value in this Area
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 |
---|---|---|---|---|
2024 | $2,290 | $168,400 | $38,500 | $129,900 |
2023 | $2,290 | $122,700 | $35,700 | $87,000 |
2022 | $2,084 | $108,600 | $31,700 | $76,900 |
2021 | $2,040 | $100,600 | $31,700 | $68,900 |
2020 | $2,040 | $92,500 | $27,800 | $64,700 |
2019 | $1,920 | $89,100 | $27,800 | $61,300 |
2018 | $1,868 | $89,100 | $27,800 | $61,300 |
2017 | $1,964 | $95,000 | $27,800 | $67,200 |
2016 | $1,964 | $92,400 | $27,800 | $64,600 |
2015 | $2,098 | $98,637 | $27,776 | $70,861 |
2014 | $2,161 | $98,637 | $27,776 | $70,861 |
2013 | $2,054 | $98,637 | $27,776 | $70,861 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/04/2025 04/04/25 | For Sale | $249,900 | +42.8% | $121 / Sq Ft |
12/15/2023 12/15/23 | Sold | $175,000 | 0.0% | $84 / Sq Ft |
11/21/2023 11/21/23 | Pending | -- | -- | -- |
11/17/2023 11/17/23 | For Sale | $175,000 | -- | $84 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | None Listed On Document | |
Warranty Deed | $175,000 | None Listed On Document |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $168,000 | New Conventional | |
Previous Owner | $210,000 | New Conventional | |
Previous Owner | $210,000 | New Conventional |
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Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2502377

APN: 14333-01023-00000
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