NOT LISTED FOR SALE

3125 12th Ave SW Cedar Rapids, IA 52404

Estimated Value: $192,920 - $227,000

4 Beds
3 Baths
2,554 Sq Ft
$81/Sq Ft Est. Value

Last Sold June 20, 2018

Last sale price $148,700 $58 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,393/month

6 Days on Market

About This Home

As of June 2018

Spacious two family conversion with 2 car attached garage and nearly 3/4 acre lot. Assessed value of $157,000. Three bedroom large unit on main with living room, dining room, family room with fireplace with sliders to 3 seasons room. Lower unit has some new carpet, paint, lighting, new stainless appliances and all glass is new in 3 seasons. Laundry directly off kitchen. Ideal for owner occupied with additional income upstairs or 2 unit rental. One bedroom unit upstairs has separate side entrance and deck. Lower unit go and show vacant, 24 hour notice to show tenant in upper unit listing agent will confirm. Please confirm if wanting to see upper unit. Owner is a licensed Realtor in the State of Iowa. Property disclosure on MLS attachments. Also listed as single/two family.

Last Agent to Sell the Property

Jim Willmsen

RE/MAX CONCEPTS Listed on: 05/01/2018

RE/MAX CONCEPTS

Last Buyer's Agent

Will Brandt

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,322

Year Built

  • 1954

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 128 x 250

Parking

  • Garage

Home Design

  • 2,554 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,322

Year Built

1954

Lot Details

0

Listing Details

  • Acres: 0.7300
  • City Name: Cedar Rapids
  • Gross Tax: 3322
  • List User Cell Phone: 319-981-7653
  • Miscellaneous: Garage
  • Net Tax: 3136
  • Noof Units One Bedroom: 1
  • Noof Units Three Bedroom: 1
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.99199
  • Ratio Close Price By Original Li: 1.06290
  • Ratio Current Price By Sq Ft: 58.22
  • Total Sq Ft: 2554
  • Style St: Upper/Lower
  • Taxable Value Tv: 157000.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1954

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: 128 X 250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2022
Sold by
V & T Properties Llc
Bought by
Ci Property Llc
Current Estimated Value
$206,307

Purchase Details

Listed on
May 1, 2018
Closed on
Jun 20, 2018
Sold by
Tamarack Llc
Bought by
Larimer Michael and Larimar Audra
Seller's Agent
Jim Willmsen
RE/MAX CONCEPTS
Buyer's Agent
Will Brandt
SKOGMAN REALTY
List Price
$139,900
Sold Price
$148,700
Premium/Discount to List
$8,800
6.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%

Purchase Details

Closed on
Nov 7, 2017
Sold by
Sheriff Of Linn County
Bought by
Tamarack Llc

Purchase Details

Closed on
Jul 21, 2010
Sold by
Aurora Loan Services Llc
Bought by
Zerba Richard and Barker Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,920
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2010
Sold by
Madison Patrick C and Madison Tera Lynn Thein
Bought by
Aurora Loan Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,920
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2006
Sold by
Larson Wayne R and Larson Doris L
Bought by
Madison Patrick C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
9.37%
Mortgage Type
Unknown
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
Ci Property Llc -- Elderkin & Pirnie Plc
Larimer Michael $149,000 None Available
Tamarack Llc $85,000 None Available
Zerba Richard $69,500 None Available
Aurora Loan Services Llc $158,422 None Available
Madison Patrick C $134,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zerba Richard $55,920
Previous Owner Madison Patrick C $134,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2018 06/20/18 Sold $148,700 -0.8% $58 / Sq Ft
05/07/2018 05/07/18 Pending -- -- --
05/01/2018 05/01/18 Price Changed $149,900 +7.1% $59 / Sq Ft
05/01/2018 05/01/18 For Sale $139,900 -7.4% $55 / Sq Ft
01/21/2014 01/21/14 Sold $151,000 -2.5% $59 / Sq Ft
11/15/2013 11/15/13 Pending -- -- --
11/08/2013 11/08/13 For Sale $154,900 -- $61 / 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 $3,592 $242,400 $52,000 $190,400
2024 $3,936 $203,000 $40,100 $162,900
2023 $3,936 $203,000 $40,100 $162,900
2022 $3,594 $186,600 $40,100 $146,500
2021 $3,652 $173,500 $33,100 $140,400
2020 $3,652 $165,500 $28,300 $137,200
2019 $3,384 $157,000 $28,500 $128,500
2018 $3,108 $157,000 $28,500 $128,500
2017 $3,163 $152,500 $28,500 $124,000
2016 $3,163 $148,800 $27,800 $121,000
2015 $3,101 $145,779 $27,799 $117,980
2014 $1,458 $145,779 $27,799 $117,980
2013 $3,036 $145,779 $27,799 $117,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1802935

Cedar Rapids Area Association of REALTORS®

APN: 14303-56004-00000