NOT LISTED FOR SALE

307 9th Ave Hiawatha, IA 52233

Estimated Value: $153,479 - $192,000

4 Beds
2 Baths
1,344 Sq Ft
$127/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $106,000 $79 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,116/month

177 Days on Market

Highlights

  • Forced Air Cooling System
  • Shed
  • Fenced
  • John F. Kennedy High School Rated A-

About This Home

As of July 2014

*INCLUDES 307 1/2 9TH AVE, HIAWATHA. SIDE BY SIDE DUPLEX, CONVENIENT TO BLAIRSFERRY RD. I-380 AND EDGEWOOD RD. CURRENTLY BOTH UNITS ARE RENTED, 1 TENANT BEING IN PLACE FOR OVER 5 YEARS. UPDATES INCLUDE VINYL SIDING, NEWER ROOF, AND ELECTRICAL. PROPERTY HAS A STORAGE SHED, LARGE FENCED IN BACK YARD WITH SEPERATE GATES.

Last Listed By

Ben Griffith

Griffith Real Estate Listed on: 01/27/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,754

Year Built

  • 1958

Lot Details

  • Lot Dimensions are 63 x 140
  • Fenced

Parking

  • 2 Parking Spaces

Home Design

  • 1,344 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Separate Meters

Additional Features

  • Laundry in unit
  • Shed

Community Details

  • Gross Income $11,400
  • Net Operating Income $7,886

Listing and Financial Details

  • Tenant pays for electricity, gas, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,754

Year Built

1958

Lot Details

0

Listing Details

  • City Name: Hiawatha
  • Expense Info: Owner Provided
  • Gross Tax: 1754
  • Last City Inspection: 02-2011
  • Limited Service Yn: Yes
  • List User Cell Phone: 319-202-8908
  • Miscellaneous: Fencing, Parking Spaces, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water, Shed, Ten Storag, Unit Laundry
  • Net Tax: 1754
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.96364
  • Ratio Close Price By Original Li: 0.88407
  • Ratio Current Price By Sq Ft: 78.87
  • Total Sq Ft: 1344
  • Style St: Side/Side
  • Tax Roll Number: 140510301100000
  • Tenants Responsibilities Include: Electricity, Gas, Water
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: RES
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Schools

  • Elementary School: Hiawatha
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: 63 X 140

Rental Info

  • Total Expenses: 3514

Multi Family

  • Gross Income: 11400
  • Net Operating Income: 7886.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2014
Closed on
Jul 30, 2014
Sold by
R & S Rentals Llc
Bought by
Kentana Llc
Seller's Agent
Ben Griffith
Griffith Real Estate
Buyer's Agent
Tim Nye
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$119,900
Sold Price
$106,000
Premium/Discount to List
-$13,900
-11.59%
Total Days on Market
177
Current Estimated Value
$170,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,870
Avg. Annual Appreciation
5.06%
Original Mortgage
$84,800
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Kentana Llc $106,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kentana Llc $84,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2014 07/31/14 Sold $106,000 -11.6% $79 / Sq Ft
07/23/2014 07/23/14 Pending -- -- --
01/27/2014 01/27/14 For Sale $119,900 -- $89 / 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 $2,016 $126,300 $19,800 $106,500
2022 $1,990 $99,400 $19,800 $79,600
2021 $2,226 $99,400 $19,800 $79,600
2020 $2,226 $103,900 $19,800 $84,100
2019 $2,060 $103,900 $19,800 $84,100
2018 $2,273 $96,600 $19,800 $76,800
2017 $1,892 $91,300 $19,800 $71,500
2016 $1,892 $88,600 $19,800 $68,800
2015 $1,896 $88,600 $19,800 $68,800
2014 $1,896 $88,600 $19,800 $68,800
2013 $1,846 $88,600 $19,800 $68,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1400533

Cedar Rapids Area Association of REALTORS®

APN: 14051-03011-00000