NOT LISTED FOR SALE

Estimated Value: $223,000 - $253,000

3 Beds
3 Baths
1,698 Sq Ft
$140/Sq Ft Est. Value

Last Sold September 18, 2012

Last sale price $155,000 $91 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,629/month

133 Days on Market

About This Home

As of September 2012

*SALE INCLUDES 327,333 AND 339 30TH ST DR SE, CEDAR RAPIDS. INCOME REPORTS INCLUDE ALL 3 ADDRESSES.Sale includes three neighboring properties. All three are duplexes. All are fully rented. Great income opportunity for investor. Updates include some windows, roofs, some HVAC, front steps are being repaired. Nice location close to business. Require 24-hour notice for showings.

Last Agent to Sell the Property

Lisa Hawkins

Pinnacle Realty LLC Listed on: 05/08/2012

Pinnacle Realty LLC

Last Buyer's Agent

Claudette Roby

SKOGMAN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,710

Year Built

  • 1900

Lot Details

  • Lot Dimensions are 63 x 174

Parking

  • 12 Car Garage

Home Design

  • 1,698 Sq Ft Home
  • Frame Construction
  • Aluminum Siding

Utilities

  • Gravity Heating System
  • Heating System Uses Gas

Community Details

  • Gross Income $27,000
  • Net Operating Income $19,384

Listing and Financial Details

  • Tenant pays for electricity, gas, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,710

Year Built

1900

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • Gross Tax: 1710
  • List User Cell Phone: 319-558-7355
  • Miscellaneous: Basement, Garage, Parking Spaces, Ten Storag
  • Net Tax: 1710
  • Noof Units One Bedroom: 6
  • Property Sub Types: 5+ Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.82054
  • Ratio Close Price By Original Li: 0.82054
  • Ratio Current Price By Sq Ft: 91.28
  • Total Sq Ft: 1698
  • Style St: Upper/Lower
  • Tax Roll Number: 141138000500000
  • Tenants Responsibilities Include: Electricity, Gas, Water
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: R-5
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Heating Cooling: Gas Heat, Gravity

Schools

  • Elementary School: Arthur
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: 63 X 174

Rental Info

  • Total Expenses: 7616

Multi Family

  • Gross Income: 27000
  • Net Operating Income: 19384.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2012
Closed on
Jun 28, 2012
Sold by
Arnold Robert and Arnold Tricia
Bought by
Schrader Rodney
Seller's Agent
Donna Franks
IOWA REALTY
Buyer's Agent
Kari Brisel
IOWA REALTY
List Price
$164,900
Sold Price
$153,000
Premium/Discount to List
-$11,900
-7.22%
Current Estimated Value
$237,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,204
Avg. Annual Appreciation
3.44%
Original Mortgage
$114,750
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2009
Sold by
Koepp Richard H and Koepp Vicki J Heath
Bought by
Arnold Tricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,138
Interest Rate
5.32%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Schrader Rodney $153,000 None Available
Arnold Tricia $159,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schrader Rodney D $120,500
Closed Schrader Rodney $23,720
Closed Schrader Rodney D $26,000
Closed Schrader Rodney $114,750
Previous Owner Arnold Tricia $155,138
Previous Owner Koepp Vicki J Heath $112,122
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2012 09/18/12 Sold $155,000 +1.3% $91 / Sq Ft
08/19/2012 08/19/12 Pending -- -- --
07/02/2012 07/02/12 Sold $153,000 -19.0% $68 / Sq Ft
06/05/2012 06/05/12 Pending -- -- --
05/08/2012 05/08/12 For Sale $188,900 +14.6% $111 / Sq Ft
03/23/2012 03/23/12 For Sale $164,900 -- $73 / 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 $3,700 $208,000 $43,600 $164,400
2022 $2,710 $184,300 $39,600 $144,700
2021 $3,018 $139,800 $39,600 $100,200
2020 $3,018 $145,400 $39,600 $105,800
2019 $2,500 $124,500 $35,600 $88,900
2018 $2,570 $124,500 $35,600 $88,900
2017 $2,659 $120,700 $35,600 $85,100
2016 $2,659 $125,100 $35,600 $89,500
2015 $2,677 $125,813 $35,640 $90,173
2014 $2,492 $129,153 $35,640 $93,513
2013 $2,504 $129,153 $35,640 $93,513
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1203511

Cedar Rapids Area Association of REALTORS®

APN: 14231-52007-00000