NOT LISTED FOR SALE

305 C Ave Unit 1-4 Hiawatha, IA 52233

Estimated Value: $142,000 - $262,000

2 Beds
-- Bath
3,100 Sq Ft
$68/Sq Ft Est. Value

Last Sold September 12, 2018

Last sale price $175,000 $56 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,188/month

1 Day on Market

Highlights

  • 4 Car Garage
  • John F. Kennedy High School Rated A-
  • 4-minute walk to Tucker Park

About This Home

As of September 2018

Fully leased 4-plex. Nice location off Blairs Ferry Road. 4 - 1 stall garages.

Last Agent to Sell the Property

Jim Angstman

Realty87 Listed on: 08/13/2018

Realty87

Last Buyer's Agent

Lucas Burrington

Burrington Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,501

Year Built

  • 1966

Parking

  • 4 Car Garage

Home Design

  • 3,100 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Community Details

  • Gross Income $27,300
  • Net Operating Income $17,736

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,501

Year Built

1966

Lot Details

0

Listing Details

  • City Name: Hiawatha
  • Gross Tax: 3501
  • List User Cell Phone: 319-540-1800
  • Miscellaneous: Garage, Parking Spaces
  • Net Tax: 3501
  • Noof Units Two Bedroom: 4
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.97276
  • Ratio Close Price By Original Li: 0.97276
  • Ratio Current Price By Sq Ft: 56.45
  • Total Sq Ft: 3100
  • Style St: Upper/Lower
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: R-5
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1966

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Number Of Parking Spaces: 4

Lot Info

  • Lot Size: Irregular

Rental Info

  • Total Expenses: 9564

Multi Family

  • Gross Income: 27300
  • Net Operating Income: 17736.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2018
Closed on
Sep 12, 2018
Sold by
Robinson Richard W and Robinson Vicki L
Bought by
Majestic Rent Llc
Seller's Agent
Jim Angstman
Realty87
Buyer's Agent
Lucas Burrington
Burrington Real Estate
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%
Current Estimated Value
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,000
Avg. Annual Appreciation
2.57%
Original Mortgage
$140,000
Outstanding Balance
$121,837
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$88,163

Purchase Details

Closed on
Aug 25, 2012
Sold by
Rowray Dustin L and Rowray Nicole D
Bought by
Rowray Dustin L and Rowray Nicole D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,298
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 27, 2005
Sold by
Carlson Ryan and Carlson Christine
Bought by
Keys 2010 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,300
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Majestic Rent Llc $175,000 None Available
Rowray Dustin L -- None Available
Keys 2010 Llc $156,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Majestic Rent Llc $140,000
Previous Owner Rowray Dustin L $146,298
Previous Owner Keys 2010 Llc $141,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2018 09/12/18 Sold $175,000 -2.7% $56 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
08/13/2018 08/13/18 For Sale $179,900 -- $58 / 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 $966 $81,500 $6,200 $75,300
2024 $960 $63,300 $6,200 $57,100
2023 $960 $58,800 $6,200 $52,600
2022 $948 $47,300 $6,200 $41,100
2021 $958 $47,300 $6,200 $41,100
2020 $958 $44,700 $6,200 $38,500
2019 $884 $44,700 $6,200 $38,500
2018 $870 $41,500 $6,200 $35,300
2017 $870 $40,100 $6,200 $33,900
2016 $856 $40,100 $6,200 $33,900
2015 $858 $40,100 $6,200 $33,900
2014 $858 $39,300 $6,200 $33,100
2013 -- $39,300 $6,200 $33,100
Source: Public Records

Agents Affiliated with this Home

  • Jim Angstman

    Seller's Agent in 2018

    Jim Angstman

    Realty87

    (319) 731-3430

    7 in this area

    58 Total Sales

    Jim Angstman
    Section Image

  • L

    Buyer's Agent in 2018

    Lucas Burrington

    Burrington Real Estate

    (515) 402-3687

    1 in this area

    81 Total Sales

    Lucas Burrington
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1805734

Cedar Rapids Area Association of REALTORS®

APN: 14041-26017-01000

Iowa Linn County Hiawatha 52233

305 C Ave Unit 1-4, Hiawatha, IA

Not Listed for Sale

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