NOT LISTED FOR SALE

3019 Elaine Dr NW Cedar Rapids, IA 52405

Estimated Value: $171,000 - $199,000

4 Beds
2 Baths
1,632 Sq Ft
$114/Sq Ft Est. Value

Last Sold November 22, 2024

Last sale price $166,000 $102 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,211/month

4 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Fenced
  • John F. Kennedy High School Rated A-
  • Garage
  • Wood Siding

About This Home

As of November 2024

Discover this side-by-side duplex, an exceptional investment opportunity for both seasoned investors and first-time buyers looking to create equity. Each unit features two bedrooms and a full bath, offering comfortable living spaces perfect for families or individuals. Both units have finished space and laundry set up and each unit has separate utility meters. The fenced yard is ideal for providing a secure area for pets or children to play. The one-car garage is located with one unit and ample parking available for the other, While the property may require some attention, the possibilities are endless! Whether you're considering long-term rentals, short-term stays, or personal residences, this duplex offers the versatility to meet your needs. Schedule a showing today and envision the future possibilities this duplex has to offer. The property is being sold in AS IS condition, with inspections for buyer knowledge only. Closing date TBD.

Last Agent to Sell the Property

Jaime Burczek

SKOGMAN REALTY Listed on: 10/14/2024

Last Buyer's Agent

Bev Moser

Realty87

Realty87

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,219

Year Built

  • Built in 1968

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced

Parking

  • Garage

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,632 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Madison Elementary School
  • Roosevelt Middle School
  • Kennedy High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 14192-32001-00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,219

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.17
  • Co List Office Phone: 319-366-6427
  • MLS Status: Closed
  • Directions: O Ave NW to Hillside to Elaine (next to apartments)
  • Year Built: 1968
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Type: Frame, Wood Siding
  • Exterior Features: Fence

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Madison
  • High School: Kennedy
  • Middle Or Junior School: Roosevelt

Lot Info

  • Lot Dimensions: 7800
  • ResoLotSizeUnits: Acres
  • Parcel Number: 14192-32001-00000
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3219.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2024
Closed on
Nov 15, 2024
Sold by
Menting Connie J
Bought by
Poole David and Poole Susan K
Seller's Agent
Jaime Burczek
SKOGMAN REALTY
Buyer's Agent
Bev Moser
Realty87
List Price
$175,000
Sold Price
$166,000
Premium/Discount to List
-$9,000
-5.14%
Views
14
Current Estimated Value
$186,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,350
Avg. Annual Appreciation
12.26%

Purchase Details

Closed on
Nov 24, 2006
Sold by
Goedeken John A and Goedeken Karen D
Bought by
Menting Connie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,625
Interest Rate
6.4%
Mortgage Type
Purchase Money 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
Poole David $166,000 None Listed On Document
Poole David $166,000 None Listed On Document
Menting Connie J $117,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Menting Connie J $111,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2024 11/22/24 Sold $166,000 -5.1% $102 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
10/14/2024 10/14/24 For Sale $175,000 -- $107 / 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 $2,762 $189,000 $42,800 $146,200
2024 $3,014 $181,900 $42,800 $139,100
2023 $3,014 $173,500 $37,400 $136,100
2022 $2,786 $151,800 $37,400 $114,400
2021 $2,900 $143,400 $33,800 $109,600
2020 $2,900 $140,000 $33,800 $106,200
2019 $2,524 $125,600 $28,500 $97,100
2018 $2,450 $125,600 $28,500 $97,100
2017 $2,558 $126,000 $28,500 $97,500
2016 $2,677 $126,000 $28,500 $97,500
2015 $2,649 $124,544 $28,500 $96,044
2014 $2,464 $124,544 $28,500 $96,044
2013 $2,408 $124,544 $28,500 $96,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2407047

Cedar Rapids Area Association of REALTORS®

APN: 14192-32001-00000