NOT LISTED FOR SALE

2905 Outlook Dr SW Cedar Rapids, IA 52404

Southwest Area Neighborhood

Estimated Value: $192,000 - $290,000

4 Beds
2 Baths
1,800 Sq Ft
$126/Sq Ft Est. Value

Last Sold July 11, 2019

Last sale price $132,000 $73 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,433/month

4 Days on Market

Highlights

  • Deck
  • Junction City Elementary School Rated A
  • Forced Air Cooling System

About This Home

As of July 2019

This well cared for duplex offers 900 sq ft on the first floor of each unit. The basement is 800 sq ft and framed for an additional bedroom if you add the egress. Laundry hookups too. One unit is finished with two room now. The large bedrooms have big closets for storage. Each unit has newer kitchen flooring, two separate entrances and each has their own driveway too.
Tenant Rights - must have 24 hour notice.

Last Agent to Sell the Property

Penny Novak

SKOGMAN REALTY Listed on: 06/14/2019

SKOGMAN REALTY

Last Buyer's Agent

Penny Novak

SKOGMAN REALTY Listed on: 06/14/2019

SKOGMAN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,594

Year Built

  • 1978

Lot Details

  • 5,663

Parking

  • 4 Parking Spaces

Home Design

  • 1,800 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Separate Meters

Additional Features

  • Laundry in unit
  • Deck
  • 5,663 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,594

Year Built

1978

Lot Details

0

Listing Details

  • Acres: 0.1300
  • City Name: Cedar Rapids
  • Gross Tax: 2594
  • List User Cell Phone: 319-981-3484
  • Miscellaneous: Deck/Patio, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water, Ten Storag, Unit Laundry
  • Net Tax: 2594
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.91097
  • Ratio Close Price By Original Li: 0.91097
  • Ratio Current Price By Sq Ft: 73.33
  • Total Sq Ft: 1800
  • Style St: Side/Side
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1978

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Lot Info

  • Lot Size: .13 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Jul 10, 2019
Sold by
Marple Neal and Rheem Jane
Bought by
Mikey S Rentals Llc
Seller's Agent
Penny Novak
SKOGMAN REALTY
Buyer's Agent
Penny Novak
SKOGMAN REALTY
List Price
$144,900
Sold Price
$132,000
Premium/Discount to List
-$12,900
-8.9%
Current Estimated Value
$226,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,277
Avg. Annual Appreciation
8.84%
Original Mortgage
$105,600
Outstanding Balance
$87,951
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$138,326

Purchase Details

Closed on
Jul 22, 2015
Sold by
The Estate Of Ruby Moore
Bought by
Marple Neal and Rheem Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,250
Interest Rate
4.08%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mikey S Rentals Llc $132,000 None Available
Marple Neal $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mikey S Rentals Llc $105,600
Previous Owner Marple Neal $106,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2019 07/11/19 Sold $132,000 -8.9% $73 / Sq Ft
06/18/2019 06/18/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $144,900 -- $81 / 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 $2,952 $185,600 $23,600 $162,000
2024 $3,152 $173,800 $21,300 $152,500
2023 $3,152 $166,800 $21,300 $145,500
2022 $2,812 $149,400 $18,900 $130,500
2021 $2,846 $135,700 $18,900 $116,800
2020 $2,772 $129,000 $16,600 $112,400
2019 $2,668 $123,800 $16,600 $107,200
2018 $2,594 $123,800 $16,600 $107,200
2017 $2,472 $120,400 $16,600 $103,800
2016 $2,472 $116,300 $16,600 $99,700
2015 $2,598 $122,128 $16,554 $105,574
2014 $2,598 $122,128 $16,554 $105,574
2013 $2,639 $122,128 $16,554 $105,574
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Penny Novak

    SKOGMAN REALTY

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1904455

Cedar Rapids Area Association of REALTORS®

APN: 19041-26004-00000

Iowa Linn County Cedar Rapids 52404 Southwest Area

2905 Outlook Dr SW, Cedar Rapids, IA

Not Listed for Sale

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