NOT LISTED FOR SALE

Estimated Value: $100,000 - $130,239

4 Beds
2 Baths
1,708 Sq Ft
$68/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $47,000 $28 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $809/month

77 Days on Market

About This Home

As of November 2016

Great income potential with this 2 unit home. Units are separated by upper and lower with separate entrances for each. Alley parking. One bedroom in lower unit and two in the upper. There is some TLC needed to this great property. Offers submitted through homepath.com. Review all attachments on HomePath before submitting offer. Addendum must be completed before uploading to homepath. Please refer to HomePath.com for owner occupant and investor eligibility.

Last Agent to Sell the Property

KATHY EIGHME

FUSION REALTORS Listed on: 08/23/2016

Last Buyer's Agent

Keith Wiggins

CLASSIC REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • 1903

Lot Details

  • 4,966 Sq Ft Lot
  • Lot Dimensions are 40 x 140

Home Design

  • 1,708 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

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

Property Details

Home Type

Multi-Family

Year Built

1903

Lot Details

0

Listing Details

  • Acres: 0.1140
  • City Name: Cedar Rapids
  • Gross Tax: 1406
  • List User Cell Phone: 319-231-6980
  • Miscellaneous: Basement, Common Laundry-Owned, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water
  • Net Tax: 1406
  • Noof Units One Bedroom: 1
  • Noof Units Two Bedroom: 1
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.98121
  • Ratio Close Price By Original Li: 0.79796
  • Ratio Current Price By Sq Ft: 27.52
  • Total Sq Ft: 1708
  • Style St: Upper/Lower
  • Water Sewer Roads: City Sewer
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1903

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Schools

  • Elementary School: Taylor
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: 40 X 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2005
Sold by
Moser Joel J
Bought by
Wells Stephen D and Wells Hope A
Current Estimated Value
$116,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 2, 2002
Sold by
High Darryl T and High Amy L
Bought by
Moser Joel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,800
Interest Rate
6.38%
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
Wells Stephen D $69,500 --
Moser Joel J $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 362 8Th Ave Llc $51,000
Closed Wells Stephen D $813
Closed Endless Point Llc $45,368
Closed Wells Stephen D $56,000
Previous Owner Moser Joel J $53,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2016 11/30/16 Sold $47,000 -20.2% $28 / Sq Ft
11/08/2016 11/08/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $58,900 -- $34 / 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 $1,972 $103,800 $24,200 $79,600
2022 $1,754 $93,500 $20,200 $73,300
2021 $1,758 $84,700 $20,200 $64,500
2020 $1,758 $79,700 $18,200 $61,500
2019 $1,670 $77,500 $18,200 $59,300
2018 $1,624 $77,500 $18,200 $59,300
2017 $1,748 $80,300 $18,200 $62,100
2016 $1,406 $66,100 $15,500 $50,600
2015 $1,452 $68,217 $15,453 $52,764
2014 $1,452 $71,734 $15,453 $56,281
2013 $1,494 $71,734 $15,453 $56,281
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1610710

Cedar Rapids Area Association of REALTORS®

APN: 14283-31014-00000