NOT LISTED FOR SALE

3117 Ravenwood Terrace NW Cedar Rapids, IA 52405

Estimated Value: $192,000 - $224,000

3 Beds
2 Baths
1,151 Sq Ft
$178/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $1,140,000 $990 Per Sq Ft

Current estimated payment $1,353/month

86 Days on Market

Highlights

  • Deck
  • Garage
  • Fenced
  • Forced Air Cooling System

About This Home

As of November 2018

3117 Ravenwood Terrace NW is one house in a portfolio of 10 houses
to be sold as a group. Listing prices are based on assessed values. All city
inspections are current. The houses are extremely well located, 100% occupied,
and are professionally managed. Please contact listing agent for additional
information on all 10 houses. One of the owners is a licensed realtor.

Last Agent to Sell the Property

Thomas Slattery

HERITAGE COMMERCIAL REALTY Listed on: 09/05/2018

Last Buyer's Agent

Thomas Slattery

HERITAGE COMMERCIAL REALTY Listed on: 09/05/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,534

Year Built

  • 1966

Parking

  • Garage

Home Design

  • 1,151 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

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

Additional Features

  • Laundry in unit
  • Deck
  • Fenced

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,534

Year Built

1966

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • Gross Tax: 26534
  • Last City Inspection: June 17'
  • List User Cell Phone: 319-360-5271
  • Miscellaneous: Basement, Deck/Patio, Fencing, Garage, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water, Unit Laundry
  • Noof Units Three Bedroom: 1
  • Property Sub Types: 5+ Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.91375
  • Ratio Close Price By Original Li: 0.91375
  • Ratio Current Price By Sq Ft: 990.44
  • Total Sq Ft: 1151
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1966

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

  • Elementary School: Cleveland
  • Middle School: Roosevelt
  • High School: Jefferson

Lot Info

  • Lot Size: 8853

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2010
Sold by
Plaza One Realty Co
Bought by
Pinnacle Investments Llc
Current Estimated Value
$205,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,534
Outstanding Balance
$35,177
Interest Rate
4.19%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$170,085

Purchase Details

Closed on
Jan 30, 2001
Sold by
Azinger Daniel T and Azinger Norma J
Bought by
Miell Robert K
Source: Public Records

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
Pinnacle Investments Llc $72,000 None Available
Miell Robert K $92,428 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pinnacle Investments Llc $53,534
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $1,140,000 -8.6% $990 / Sq Ft
09/05/2018 09/05/18 For Sale $1,247,600 -- $1,084 / 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 $3,184 $199,400 $42,900 $156,500
2024 $3,412 $179,900 $37,300 $142,600
2023 $3,412 $179,900 $37,300 $142,600
2022 $2,996 $161,800 $37,300 $124,500
2021 $3,036 $144,600 $33,600 $111,000
2020 $3,036 $137,600 $29,800 $107,800
2019 $2,818 $130,700 $29,800 $100,900
2018 $2,740 $130,700 $29,800 $100,900
2017 $2,728 $125,300 $29,800 $95,500
2016 $2,650 $124,700 $29,800 $94,900
2015 $2,606 $122,453 $29,842 $92,611
2014 $2,606 $122,453 $29,842 $92,611
2013 $2,550 $122,453 $29,842 $92,611
Source: Public Records

Agents Affiliated with this Home

  • Thomas Slattery

    Seller's Agent in 2018

    Thomas Slattery

    HERITAGE COMMERCIAL REALTY

    (319) 360-5271

    4 Total Sales

    Thomas Slattery
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1806301

Cedar Rapids Area Association of REALTORS®

APN: 14303-31008-00000

Iowa Linn County Cedar Rapids 52405

3117 Ravenwood Terrace NW, Cedar Rapids, IA

This home is located at 3117 Ravenwood Terrace NW, Cedar Rapids, IA 52405 since 05 September 2018 and is currently estimated at $205,262, approximately $178 per square foot. This property was built in 1966. 3117 Ravenwood Terrace NW is a home located in Linn County with nearby schools including Cleveland Elementary School, Roosevelt Creative Corridor Business Academy, and Thomas Jefferson High School.

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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