NOT LISTED FOR SALE

3 27th Ave SW Cedar Rapids, IA 52404

Southwest Area Neighborhood

Estimated Value: $180,000 - $224,000

4 Beds
2 Baths
2,060 Sq Ft
$98/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $169,000 $82 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,322/month

7 Days on Market

Highlights

  • Central Air
  • Garage
  • Heating Available

About This Home

As of August 2023

This home is located at 3 27th Ave SW, Cedar Rapids, IA 52404 since 31 May 2023 and is currently estimated at $201,693, approximately $97 per square foot. This property was built in 1977. 3 27th Ave SW is a home located in Linn County with nearby schools including Wilson Middle School, Thomas Jefferson High School, and Holy Family School St. Ludmila Center.

Last Agent to Sell the Property

Deanna Long

Realty87 Listed on: 05/31/2023

Realty87

Last Buyer's Agent

Cal Ernst

Realty87

Realty87

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,576

Year Built

  • 1977

Lot Details

  • Lot Dimensions are 84 x 165

Parking

  • Garage

Home Design

  • Frame Construction

Interior Spaces

  • 2,060 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, gas

Community Details

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $20,829
  • Net Operating Income $13,735

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,576

Year Built

1977

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 3576
  • List User Cell Phone: 319-329-8719
  • Miscellaneous: Garage, Unit Laundry
  • Net Tax: 3576
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.96571
  • Ratio Close Price By Original Li: 0.96571
  • Ratio Current Price By Sq Ft: 82.04
  • Total Sq Ft: 2060
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Electricity
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Basement: Full

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Utilities

  • Heating Cooling: Central Air, Electricity Heat, Window/Wall Air

Schools

  • Elementary School: Grant
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: 84 X 165

Rental Info

  • Owner Pays: Water, Gas
  • Pets: Pets Allowed
  • Total Expenses: 7103

Multi Family

  • Gross Income: 20829
  • Net Operating Income: 13735.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2015
Sold by
Shepard Investment Group Llc
Bought by
D & D Real Estate Holdings Llc
Current Estimated Value
$201,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Outstanding Balance
$431,404
Interest Rate
3.68%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
-$229,711

Purchase Details

Closed on
Dec 29, 2005
Sold by
Thompson Victoria Mary and Shepard Creighton L
Bought by
Thompson Victoria and Shepard Creighton L
Source: Public Records

Range of Values:

Collateral Analytics

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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
D & D Real Estate Holdings Llc $510,000 None Available
Thompson Victoria -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open D & D Real Estate Holdings Llc $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2023 08/04/23 Sold $169,000 -3.4% $82 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $175,000 -- $85 / 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 $3,026 $170,900 $43,300 $127,600
2024 $2,950 $171,000 $43,300 $127,700
2023 $2,950 $171,000 $43,300 $127,700
2022 $2,898 $139,900 $35,000 $104,900
2021 $2,978 $139,900 $35,000 $104,900
2020 $2,978 $135,000 $33,000 $102,000
2019 $2,892 $134,200 $33,000 $101,200
2018 $2,812 $134,200 $33,000 $101,200
2017 $2,616 $126,100 $33,000 $93,100
2016 $2,616 $123,100 $33,000 $90,100
2015 $2,720 $127,850 $32,970 $94,880
2014 $2,720 $130,910 $32,970 $97,940
2013 $1,363 $130,910 $32,970 $97,940
Source: Public Records

Agents Affiliated with this Home

  • Deanna Long

    Seller's Agent in 2023

    Deanna Long

    Realty87

    (319) 329-8719

    4 in this area

    111 Total Sales

    Deanna Long
    Section Image
  • Cal Ernst

    Buyer's Agent in 2023

    Cal Ernst

    Realty87

    (319) 329-8003

    10 in this area

    223 Total Sales

    Cal Ernst
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2303511

Cedar Rapids Area Association of REALTORS®

APN: 14334-79001-00000

Iowa Linn County Cedar Rapids 52404 Southwest Area

3 27th Ave SW, Cedar Rapids, IA

This home is located at 3 27th Ave SW, Cedar Rapids, IA 52404 since 31 May 2023 and is currently estimated at $201,693, approximately $97 per square foot. This property was built in 1977. 3 27th Ave SW is a home located in Linn County with nearby schools including Wilson Middle School, Thomas Jefferson High School, and Holy Family School St. Ludmila Center.

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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