$247,500
SOLD JUN 13, 2025

2916 Johnson Ave NW Cedar Rapids, IA 52405

-- Bed
-- Bath
2,350 Sq Ft
6,186 Sq Ft Lot

Recently Sold

$105 Per Sq Ft

3% Below List Price

69 Days on Market

Highlights

  • Deck
  • Central Air
  • Heating Available
  • Patio
  • Garage

About This Home

As of June 2025

This property is one of the best duplexes we have seen. 1 Units is a 2 bed 2 bath, other unit is a 3 bed 2 baths , Each unit is full... 24 hour notice is needed. It has 2 main floor beds and bath and then finished basement with another big bedroom, rec room and full bath with Laundry. There is a detached 2 stall garage that is rented separately.

Last Agent to Sell the Property

Lucas Burrington

Burrington Real Estate Listed on: 01/28/2025

Last Buyer's Agent

Lucas Burrington

Burrington Real Estate Listed on: 01/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,094

Year Built

  • Built in 1963

Lot Details

  • 6,186 Sq Ft Lot

Parking

  • Garage

Home Design

  • Frame Construction
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,350 Sq Ft Home
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio

Schools

  • Cleveland Elementary School
  • Roosevelt Middle School
  • Jefferson High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 143020500400000

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $1,500
  • Gross Income $34,800
  • Net Operating Income $33,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,094

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Zoning: Res
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.142
  • Reso Pets Allowed: Yes
  • Co List Office Phone: 319-213-1162
  • MLS Status: Closed
  • Directions: On Johnson Ave NW, CR
  • Year Built: 1963
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walk-Out Access
  • Basement: Yes

Exterior Features

  • Construction Type: Frame, Stone, Vinyl Siding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Parking Space(s)
  • Total Parking Spaces: 2.0

Utilities

  • Utilities: Separate Meters
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Cleveland
  • High School: Jefferson
  • Middle Or Junior School: Roosevelt

Lot Info

  • Lot Dimensions: .142 Acre
  • ResoLotSizeUnits: Acres
  • Parcel Number: 143020500400000
  • Zoning Description: Res

Multi Family

  • Gross Income: 34800.0
  • Net Operating Income: 33300.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 1500.0
  • Tenant Pays: Electricity, Gas, Water

Tax Info

  • Tax Annual Amount: 3094.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2025
Closed on
Jun 17, 2025
Sold by
Hhj Properties Llc
Bought by
Feye Keegan John
Seller's Agent
Lucas Burrington
Burrington Real Estate
Buyer's Agent
Lucas Burrington
Burrington Real Estate
List Price
$255,950
Sold Price
$247,500
Premium/Discount to List
-$8,450
-3.3%
Total Days on Market
69
Views
106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-46.60%
Original Mortgage
$185,625
Outstanding Balance
$185,625
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$41,064

Purchase Details

Closed on
Jun 14, 2019
Sold by
Finch Ted O
Bought by
Finch Mary M

Purchase Details

Closed on
Oct 18, 2018
Sold by
Finch Mary M
Bought by
Finch Ted O and Finch Mary M

Purchase Details

Closed on
Oct 19, 2016
Sold by
Finch Ted O and Finch Mary M
Bought by
Finch Ted Of and Finch Mary M

Purchase Details

Closed on
Oct 31, 2013
Sold by
Estate Of Evelyn C Justice
Bought by
Finch Ted O
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $247,500 River Ridge Escrow
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $185,625 New Conventional
Previous Owner $75,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Sold $247,500 -3.3% $105 / Sq Ft
04/07/2025 04/07/25 Pending -- -- --
03/19/2025 03/19/25 For Sale $255,950 0.0% $109 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
02/07/2025 02/07/25 For Sale $255,950 0.0% $109 / Sq Ft
02/03/2025 02/03/25 Pending -- -- --
01/28/2025 01/28/25 For Sale $255,950 +34.7% $109 / Sq Ft
04/14/2022 04/14/22 Sold $190,000 0.0% $101 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $190,000 -- $101 / 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
2023 $135 $174,800 $29,600 $145,200
2022 $2,810 $141,400 $25,400 $116,000
2021 $2,856 $135,600 $25,400 $110,200
2020 $2,856 $129,400 $22,600 $106,800
2019 $2,644 $122,700 $22,600 $100,100
2018 $2,320 $122,700 $22,600 $100,100
2017 $2,320 $115,900 $22,600 $93,300
2016 $2,393 $115,900 $22,600 $93,300
2015 $2,208 $108,964 $22,568 $86,396
2014 $2,062 $102,387 $22,568 $79,819
2013 $1,804 $102,387 $22,568 $79,819
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2500671

Cedar Rapids Area Association of REALTORS®

APN: 14302-05004-00000