NOT LISTED FOR SALE

296 S 200 E Cedar City, UT 84720

Cedar City Area

Estimated Value: $270,000 - $1,261,000

Studio
-- Bath
6,476 Sq Ft
$143/Sq Ft Est. Value

Sale Details

Date Sold: February 29, 2024

Current estimated payment $5,395 / mo

4 Days on Market

About This Home

As of February 2024

Investors! Six large 3-bedroom units (technically 2 beds plus large den) with washer/dryer hookups in each unit. Additional, 2-bedroom home with new roof! 7total rental units! Don't miss this unique opportunity to own a prime piece of real estate in the heart of town. This property not only promises an ideal location but also boasts an excellent rental history, making it a lucrative investment for those looking to capitalize on the thriving rental market. One of the standout features of this investment is its impeccable rental history, a testament to the property's desirability and the consistent demand for housing in the area. Savvy investors can take advantage of this proven track record in a thriving college town, to secure a reliable and attractive return on investment.

Last Agent to Sell the Property

Jennifer Davis

ERA Realty Center License #5458788-AB Listed on: 01/08/2024

ERA Realty Center

Last Buyer's Agent

MATTHEW LEEPER

Iron Mountain Realty License #12727344-PB00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,717

Year Built

  • Built in 2006

Lot Details

  • 16,117 Sq Ft Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 6,476 Sq Ft Home
  • 3-Story Property

Utilities

  • Central Air
  • Heating Available

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 0051299

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,717

Year Built

Built in 2006

Lot Details

0.37 Acres

Listing Details

  • Prop. Type: MultiFamily
  • Year Built: 2006
  • New Construction: No
  • Air Conditioning Central Air: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Building Area Total: 6476.0
  • Stories: 3

Exterior Features

  • Roof: Asphalt
  • Acres: 0.37
  • Construction:Wood Frame: Yes

Utilities

  • Heating: Gas FA
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes

Schools

  • Ninth Grade High School: Out of Area
  • Middle Or Junior School: Out of Area

Lot Info

  • Lot Size Sq Ft: 16117.2
  • Parcel #: 0051299
  • Zoning Description: Multi-Family

Multi Family

  • Number Of Units Total: 7

Tax Info

  • Tax Annual Amount: 2717.36

MLS Schools

  • Elementary School: Out of Area

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
Feb 28, 2024
Sold by
Bought by
Seller's Agent
Jennifer Davis
ERA Realty Center
Buyer's Agent
MATTHEW LEEPER
Iron Mountain Realty
List Price
$1,299,000
Views
19
Current Estimated Value
$928,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.94%
Original Mortgage
$780,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2017
Sold by
Bought by

Purchase Details

Closed on
Jul 13, 2006
Sold by
Bought by

Purchase Details

Closed on
Mar 7, 2006
Sold by
Bought by

Purchase Details

Closed on
Oct 21, 2005
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Cedar City, UT

  • Julia DeMarce Real Estate Agent - RED ROCK REAL ESTATE

    Julia DeMarce

    RED ROCK REAL ESTATE

    (435) 900-3083

    86 Total Sales

    5 in Cedar City

    $350K - $408K Price Range

    Julia DeMarce
     Section Image
  • ALEESHA Robinson Real Estate Agent - THINK REALTY LLC

    ALEESHA Robinson

    THINK REALTY LLC

    (435) 294-3655

    21 Total Sales

    1 in Cedar City

    $340,000 Price

    ALEESHA Robinson
     Section Image
  • Paul Tangren Real Estate Agent - RED ROCK REAL ESTATE

    Paul Tangren

    RED ROCK REAL ESTATE

    (435) 222-5775

    74 Total Sales

    7 in Cedar City

    $299K - $525K Price Range

    Paul Tangren
     Section Image
  • Ryan Andersen Real Estate Agent - ERA BROKERS CONSOLIDATED SG

    Ryan Andersen

    ERA BROKERS CONSOLIDATED SG

    (435) 233-9764

    55 Total Sales

    1 in Cedar City

    $319,900 Price

    Ryan Andersen
     Section Image
  • Steve Holm Real Estate Agent - eXp Realty LLC (Cedar)

    Steve Holm

    eXp Realty LLC (Cedar)

    (435) 465-0708

    32 Total Sales

    27 in Cedar City

    $24K - $730K Price Range

    Steve Holm
     Section Image
  • Jesse Poll Real Estate Agent - KW Ascend Keller Williams Realty

    Jesse Poll

    KW Ascend Keller Williams Realty

    (435) 466-2391

    266 Total Sales

    94 in Cedar City

    $5K - $765K Price Range

    Jesse Poll
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Inwest Title
-- --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $910,000
Closed $780,000
Previous Owner $450,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold -- -- --
01/13/2024 01/13/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $1,299,000 -- $201 / Sq Ft
Source: Washington County Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,382 $435,539 $42,900 $392,639
2025 $3,382 $402,827 $42,900 $359,927
2023 $2,553 $321,600 $69,655 $251,945
2022 $2,846 $309,600 $69,650 $239,950
2021 $2,717 $295,590 $55,640 $239,950
2020 $3,065 $295,590 $55,640 $239,950
2019 $3,204 $295,590 $55,640 $239,950
2018 $3,312 $295,590 $55,640 $239,950
2017 $3,569 $313,615 $53,715 $259,900
2016 $3,328 $272,335 $55,750 $216,585
2015 $3,377 $262,020 $0 $0
2014 $3,163 $229,515 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Davis Real Estate Agent - ERA Realty Center

    Seller's Agent in 2024

    Jennifer Davis

    ERA Realty Center

    (435) 586-9775

    779 Total Sales

    Jennifer Davis
    Section Image

  • M

    Buyer's Agent in 2024

    MATTHEW LEEPER

    Iron Mountain Realty

    (435) 572-4445

    8 Total Sales

    MATTHEW LEEPER
    Section Image
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Map

Source: Washington County Board of REALTORS®

MLS Number: 24-247141

Washington County Board of REALTORS®

APN: B-0331-0000-0000

Utah Iron County Cedar City 84720

296 S 200 E, Cedar City, UT

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.

Washington County Board of REALTORS® All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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