NOT LISTED FOR SALE
-- Beds
-- Baths
8,800 Sq Ft
8,799 Sq Ft Lot

Sale Details

Date Sold: June 28, 2019

Last sale price $180,400 $20 Per Sq Ft

About This Home

As of June 2019

INVESTOR ALERT! Income/expense information provided. Listing agent is related to seller. Coined laundry machines are leased with Iowa Laundry Leasing receiving a percentage of the revenue and no responsibility of maintaining machines. All separate meters. Long term tenants in three of the units. Lower units recently painted and newer carpet. One vacant unit can show at any time. Will need a 24 hour notice to view other units.

Last Agent to Sell the Property

Tessa Rummel

Realty87 Listed on: 05/07/2019

Realty87

Last Buyer's Agent

Jeremy Trenkamp

Realty87

Realty87
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,886

Year Built

  • 1979

Lot Details

  • 8,799 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • 8,800 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Tenant pays for water, electricity
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,886

Year Built

1979

Lot Details

8,799 Sq Ft Lot

Listing Details

  • Acres: 0.2020
  • City Name: Marion
  • Gross Tax: 2886
  • Last City Inspection: 12/7/17
  • List User Cell Phone: 563-920-9288
  • Miscellaneous: Common Laundry-Leased, Sep. Meter – Electric, Sep. Meter – Gas
  • Net Tax: 2886
  • Noof Units Two Bedroom: 4
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 1.03086
  • Ratio Close Price By Original Li: 1.03086
  • Ratio Current Price By Sq Ft: 20.50
  • Total Sq Ft: 8800
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Water, Electricity
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1979

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Cooling: Gas Heat, Window/Wall Air

Lot Info

  • Lot Size: .202 Acre

Rental Info

  • Owner Pays: Water

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2019
Closed on
Jun 27, 2019
Sold by
Rummel Properties Llc
Bought by
Seller's Agent
Tessa Rummel
Realty87
Buyer's Agent
Jeremy Trenkamp
Realty87
List Price
$175,000
Sold Price
$180,400
Premium/Discount to List
$5,400
3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,300
Outstanding Balance
$116,438
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2017
Closed on
Apr 17, 2017
Sold by
3150 9Th St Residential Cooperative Inc
Bought by
Rummel Properties Llc
Seller's Agent
Jason Rogers
Pivot Real Estate
Buyer's Agent
Jason Rogers
Pivot Real Estate
List Price
$144,500
Sold Price
$138,000
Premium/Discount to List
-$6,500
-4.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.95%
Original Mortgage
$110,400
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2012
Sold by
3150 9Th St Llc
Bought by
Decker Philip

Purchase Details

Closed on
Mar 30, 2012
Sold by
Blackford Charles E and Blackford Rachel A
Bought by
3150 9Th Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,269
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 29, 2009
Sold by
Linn Area Credit Union
Bought by
Blackford Charles E and Blackford Rachel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 5, 2009
Sold by
Meissner Debra A
Bought by
Linn Area Credit Union

Purchase Details

Closed on
Dec 12, 2002
Sold by
Peacock Steven P and Peacock Cindi K
Bought by
Meissner Debra A

Purchase Details

Closed on
Jan 4, 2002
Sold by
Cref Associates Llc
Bought by
Peacock Steven P and Peacock Cindi K

Purchase Details

Closed on
Dec 12, 2000
Sold by
Cref Associates Llc
Bought by
Peacock Steven P and Peacock Cindi K

Purchase Details

Closed on
Aug 2, 1999
Sold by
Xavier Inc
Bought by
Cref Associates Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Marion, IA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$180,500 None Available
Rummel Properties Llc $138,000 None Available
Decker Philip -- None Available
3150 9Th Street Llc $100,000 None Available
Blackford Charles E $71,500 None Available
Linn Area Credit Union -- None Available
Meissner Debra A $131,000 --
Peacock Steven P $124,000 --
Peacock Steven P $124,500 --
Cref Associates Llc -- --
Cref Associates Llc -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $135,300
Previous Owner Rummel Properties Llc $110,400
Previous Owner 3150 9Th Street Llc $59,269
Previous Owner Blackford Charles E $61,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2019 06/28/19 Sold $180,400 +3.1% $21 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $175,000 +26.8% $20 / Sq Ft
04/17/2017 04/17/17 Sold $138,000 -4.5% $46 / Sq Ft View Prior Sale
03/30/2017 03/30/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $144,500 -- $48 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,548 $237,600 $28,600 $209,000
2024 $3,548 $220,500 $28,600 $191,900
2023 $3,548 $202,700 $28,600 $174,100
2022 $3,984 $159,900 $22,000 $137,900
2021 $3,878 $159,900 $22,000 $137,900
2020 $3,878 $143,800 $22,000 $121,800
2019 $4,120 $143,800 $22,000 $121,800
2018 $2,886 $133,100 $22,000 $111,100
2017 $2,886 $120,200 $22,000 $98,200
2016 $2,594 $120,200 $22,000 $98,200
2015 $2,584 $120,200 $22,000 $98,200
2014 $2,584 $120,200 $22,000 $98,200
2013 $2,468 $120,200 $22,000 $98,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1903337

Cedar Rapids Area Association of REALTORS®
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