NOT LISTED FOR SALE
-- Bed
-- Bath
3,938 Sq Ft
0.27 Acres

Last Sold July 31, 2018

Last sale price $199,000 $51 Per Sq Ft

207 Days on Market

About This Home

As of July 2018

*Also includes 1635 Grande Ave SE, CR. Fully rented 6 unit apartment building consisting of one building with 2 units and one building with 4 units. Several units have been updated. All units are 2 BR 1BA. Coin laundry included in the gross revenue. Requires 24 hour notice to show due to tenants. Units rent for as follows: 1635 Grande Unit A - $495 Unit B - $650 Unit C - $650 and Unit D $550. 345 17th and 347 17th rent for $600 each. Landlord pays gas & water/sewer for units A-D. The remaining units landlord pays water/sewer.

Last Agent to Sell the Property

Jill Armstrong

SKOGMAN REALTY Listed on: 10/23/2017

SKOGMAN REALTY

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • 1910

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 85 x 140

Parking

  • 6 Parking Spaces

Home Design

  • 3,938 Sq Ft Home
  • Frame Construction

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Community Details

  • Gross Income $43,140
  • Net Operating Income $30,715

Listing and Financial Details

  • The owner pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

0

Listing Details

  • Acres: 0.2700
  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 5440
  • Last City Inspection: 11-17-15
  • List User Cell Phone: 319-631-5455
  • Miscellaneous: Common Laundry-Owned, Rent Permit
  • Net Tax: 5440
  • Noof Units Two Bedroom: 6
  • Property Sub Types: 5+ Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.88444
  • Ratio Close Price By Original Li: 0.88444
  • Ratio Current Price By Sq Ft: 50.53
  • Total Sq Ft: 3938
  • Style St: Upper/Lower
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Wood

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

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

Schools

  • Elementary School: Grant Wood
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 85 X 140

Rental Info

  • Owner Pays: Water, Electricity, Gas
  • Total Expenses: 12425

Multi Family

  • Gross Income: 43140
  • Net Operating Income: 30715.00

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold $199,000 -11.6% $51 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
10/23/2017 10/23/17 For Sale $225,000 -- $57 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1709522

Cedar Rapids Area Association of REALTORS®