$305,000
SOLD NOV 16, 2021

2903 Oakland Rd NE Cedar Rapids, IA 52402

-- Bed
-- Bath
3,800 Sq Ft
0.25 Acres

Recently Sold

$80 Per Sq Ft

4% Below List Price

42 Days on Market

About This Home

As of November 2021

Rents are $450 and $475 for 2 bedroom units and $550 for 3 bedroom units - drastically under market. Studio non conforming unit is renting for $700 per month. All leases month to month.

Last Agent to Sell the Property

Darin Garman

HEARTLAND INVESTMENT REAL ESTATE, LLC Listed on: 09/10/2021

Last Buyer's Agent

Erin Elliott

Keller Williams Legacy Group

Keller Williams Legacy Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,560

Year Built

  • 1955

Lot Details

  • 0.25 Acre Lot

Parking

  • Garage

Home Design

  • 3,800 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,560

Year Built

1955

Lot Details

0

Listing Details

  • Acres: 0.2500
  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 5560
  • Miscellaneous: Basement, Common Laundry-Owned, Garage, Parking Spaces, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water, Ten Storag
  • Net Tax: 5560
  • Noof Units Efficiency: 1
  • Noof Units Three Bedroom: 2
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.95611
  • Ratio Close Price By Original Li: 0.95611
  • Ratio Current Price By Sq Ft: 80.26
  • Total Sq Ft: 3800
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

  • Heating Cooling: Gas Heat, Window/Wall Air

Schools

  • Elementary School: Garfield
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: 10922

Range of Values:

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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 Change Sq Ft Price
11/16/2021 11/16/21 Sold $305,000 0.0% $161 / Sq Ft
11/16/2021 11/16/21 Sold $305,000 0.0% $80 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
11/16/2021 11/16/21 For Sale $305,000 -4.4% $161 / Sq Ft
11/01/2021 11/01/21 For Sale $319,000 0.0% $84 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $319,000 -- $84 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nonmember NONMEMBER

    NONMEMBER

  • Darin Garman

    Seller's Agent in 2021

    Darin Garman

    HEARTLAND INVESTMENT REAL ESTATE, LLC

    (319) 540-9070

    26 Total Sales

    Darin Garman
    Section Image
  • Erin Elliott

    Buyer's Agent in 2021

    Erin Elliott

    Keller Williams Legacy Group

    (319) 541-3198

    182 Total Sales

    Erin Elliott
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2106289

Cedar Rapids Area Association of REALTORS®

APN: 14094-77022-00000

Iowa Linn County Cedar Rapids 52402

2903 Oakland Rd NE, Cedar Rapids, IA

This home is located at 2903 Oakland Rd NE, Cedar Rapids, IA 52402 and is currently priced at $305,000, approximately $80 per square foot. This property was built in 1955. 2903 Oakland Rd NE is a home located in Linn County with nearby schools including Garfield Elementary School, Franklin Middle School, and George Washington High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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