This duplex is a very rare find, sure to impress the pickiest of investors! Two side-by side units, both with two decent sized bedrooms and eat-in kitchen. Each tenant has half of the basement which is secure storage with laundry facilities. Gas, electric, and water are all on separate meters, tenant is responsible for their own utilities. Driveways are located on each side, so each tenant has off street parking. Duplex next door is also available with similar features (2730 D Ave NW). Rents are currently $610 a month with long term tenants, month to month leases. Located near Johnson Ave and Edgewood Rd, across from Apache Park with a private backyard. Storage shed is included. 24 hours notice required for showings.
Miscellaneous: Basement, Current Inspection, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water, Shed, Ten Storag, Unit Laundry
Net Tax: 2478
Noof Units Two Bedroom: 2
Property Sub Types: 1-4 Units
Property Type: Multi-Family
Ratio Close Price By List Price: 1.02941
Ratio Close Price By Original Li: 1.02941
Ratio Current Price By Sq Ft: 124.29
Total Sq Ft: 1408
Style St: Side/Side
Tenants Responsibilities Include: Water, Electricity, Gas
Water Sewer Roads: City Sewer, City Water
Special Features: None
Property Sub Type: MultiFamily
Year Built: 1966
Exterior Features
Construction Methods: Frame
Exterior: Vinyl
Utilities
Heating Cooling: Central Air, Forced Air, Gas Heat
Schools
Elementary School: Cleveland
Middle School: Roosevelt
High School: Jefferson
Lot Info
Lot Size: 62x150
Ownership History
DateNameOwned ForOwner Type
Oct 2021 - PresentDimitrov Dimo and Dimitrov Amanda3 Years and 7 Months
Private Individual
Purchase Details
Listed on
Sep 24, 2021
Closed on
Oct 27, 2021
Sold by
Shakespeare Christopher C and Shakespeare Amanda M
Bought by
Dimitrov Dimo and Dimitrov Amanda
Seller's Agent
Amanda Haugen
COLDWELL BANKER HEDGES
Buyer's Agent
Meagan Bennett
COLDWELL BANKER LEE'S TOWN and COUNTRY
List Price
$170,000
Sold Price
$175,000
Premium/Discount to List
$5,000
2.94%
Total Days on Market
213
Current Estimated Value
$193,393
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,393
Avg. Annual Appreciation
2.19%
Original Mortgage
$131,250
Outstanding Balance
$122,050
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$66,962
Sep 2015 - Oct 2021Shakespeare Christopher C and Shakespeare Amanda M6 Years and 1 Month
Private Individual
Purchase Details
Closed on
Sep 3, 2015
Sold by
Shakespeare Dennis D
Bought by
Shakespeare Christopher C and Shakespeare Amanda M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.04%
Mortgage Type
New Conventional
Apr 2006 - Sep 2015Shakespeare Dennis D9 Years and 5 Months
Private Individual
Purchase Details
Closed on
Apr 17, 2006
Sold by
Willis George D and Willis Elaine V
Bought by
Shakespeare Dennis D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac
Dec 2005 - Apr 2006Shakespeare Dennis D4 Months
Private Individual
Purchase Details
Closed on
Dec 29, 2005
Sold by
Willis Elaine V and Willis George D
Bought by
Shakespeare Dennis D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.5%
Mortgage Type
Seller Take Back
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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2-unit turn-key duplex, excellent investment opportunity close to Mt. Mercy, Coe College, Mercy Hospital, Garfield Elementary, Fairfield Middle School, and Washington High School. Completely renovated from the studs out, new appliances, light fixtures, flooring, paint, plumbing, electrical, HVAC, separate water, gas, and electric meters, shared laundry in the LL, 4 parking spaces, and easy to
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 2726 D Ave NW, Cedar Rapids, IA 52405 since 24 September 2021 and is currently estimated at $193,393, approximately $137 per square foot. This property was built in 1966. 2726 D Ave NW is a home located in Linn County with nearby schools including Cleveland Elementary School, Roosevelt Creative Corridor Business Academy, and Thomas Jefferson High School.
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