NOT LISTED FOR SALE

369 15th St SE Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $142,967 - $202,000

4 Beds
2 Baths
2,232 Sq Ft
$73/Sq Ft Est. Value

Last Sold April 20, 2017

Last sale price $55,000 $25 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $1,044/month

10 Days on Market

About This Home

As of April 2017

ATTENTION INVESTOR ALERT!! SINCE 2004 IT HAS BEEN COMPLETELY GUTTED THEN STRUCTURALLY RESTORED OR REINFORCED. BUILDING HAS BEEN REROOFED, RESIDED. ALL NEW PELLA LO-E WINDOWS AND DOORS, REWIRED INCLUDING CABLE,2 NEW HI- EFFICIENT GAS FURNACES AND ENERGY SAVINGS CENTRAL AIR UNITS. FOUNDATION WAS TUCK POINTED IN AND OUT WITH SECURE GLASS BLOCK WINDOWS. GAS/ ELECTRIC METERED SEPARATELY. UPSTAIRS READY TO BE OCCUPIED WITH 3 BEDROOMS, SPACIOUS EATING AREA AND LIVING ROOM. NEEDS APPLIANCES. HUGE ATTIC WITH PLENTY OF STORAGE. MAIN FLOOR NEEDS TO BE FINISHED. HUGE BASEMENT BELOW WITH HIGH CEILINGS. LOTS OF POTENTIAL.

Last Agent to Sell the Property

Paul Canas

Pinnacle Realty LLC Listed on: 02/18/2017

Pinnacle Realty LLC

Last Buyer's Agent

Rossilyn Babington

Pinnacle Realty LLC

Pinnacle Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • 1895

Lot Details

  • Lot Dimensions are 36 x 60

Home Design

  • 2,232 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

1895

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • Gross Tax: 1646
  • List User Cell Phone: 319-981-1450
  • Miscellaneous: Ten Storag
  • Net Tax: 1646
  • Noof Units Three Bedroom: 1
  • Noof Units Two Bedroom: 1
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.91820
  • Ratio Close Price By Original Li: 0.91820
  • Ratio Current Price By Sq Ft: 24.64
  • Total Sq Ft: 2232
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1895

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

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

Lot Info

  • Lot Size: 36 X 60

Rental Info

  • Owner Pays: Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2023
Sold by
La Mancha Real Estate Llc
Bought by
Mm Group Llc
Current Estimated Value
$163,242

Purchase Details

Listed on
Feb 18, 2017
Closed on
Apr 17, 2017
Sold by
Haunte Martha
Bought by
La Mancha Real Estate Llc
Seller's Agent
Paul Canas
Pinnacle Realty LLC
Buyer's Agent
Rossilyn Babington
Pinnacle Realty LLC
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.21%
Original Mortgage
$98,000
Interest Rate
4.23%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 7, 2013
Sold by
Huante Pedro and Huante Maria
Bought by
Huante Martha

Purchase Details

Closed on
May 11, 2012
Sold by
Huante Jose
Bought by
Huante Pedro and Huante Maria

Purchase Details

Closed on
Jan 29, 2010
Sold by
National Realty Acceptance Company Lc
Bought by
La Pasadita Mexican Restaurant Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,817
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 2010
Sold by
First National Acceptance Company
Bought by
National Realty Acceptance Company Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,817
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2008
Sold by
Bembenek Robert J
Bought by
First National Acceptance Co

Purchase Details

Closed on
Nov 28, 2003
Sold by
Iowa Realty Co Inc
Bought by
Sunset Homes Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mm Group Llc $110,000 None Listed On Document
La Mancha Real Estate Llc $55,000 None Available
Huante Martha -- None Available
Huante Pedro -- None Available
La Pasadita Mexican Restaurant Llc $19,500 None Available
National Realty Acceptance Company Lc -- None Available
First National Acceptance Co -- None Available
Sunset Homes Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner La Mancha Real Estate Llc $98,000
Previous Owner La Pasadita Mexican Restaurant Llc $18,817
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2017 04/20/17 Sold $55,000 -8.2% $25 / Sq Ft
02/28/2017 02/28/17 Pending -- -- --
02/18/2017 02/18/17 For Sale $59,900 -- $27 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

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 $2,140 $130,400 $14,000 $116,400
2024 $2,270 $117,600 $12,300 $105,300
2023 $2,270 $120,900 $10,600 $110,300
2022 $1,992 $107,600 $10,600 $97,000
2021 $1,952 $96,200 $8,900 $87,300
2020 $1,846 $88,500 $8,900 $79,600
2019 $482 $22,400 $7,800 $14,600
2018 $1,538 $22,400 $7,800 $14,600
2017 $1,646 $77,400 $7,800 $69,600
2016 $1,646 $77,400 $7,800 $69,600
2015 $1,614 $75,873 $7,812 $68,061
2014 $1,614 $75,873 $7,812 $68,061
2013 $1,580 $75,873 $7,812 $68,061
Source: Public Records

Agents Affiliated with this Home

  • Paul Canas

    Seller's Agent in 2017

    Paul Canas

    Pinnacle Realty LLC

    (319) 981-1450

    4 in this area

    110 Total Sales

    Paul Canas
    Section Image
  • Rossilyn Babington

    Buyer's Agent in 2017

    Rossilyn Babington

    Pinnacle Realty LLC

    (319) 804-5621

    3 in this area

    173 Total Sales

    Rossilyn Babington
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1701262

Cedar Rapids Area Association of REALTORS®

APN: 14222-85026-00000

Iowa Linn County Cedar Rapids 52402 Wellington Heights

369 15th St SE, Cedar Rapids, IA

Not Listed for Sale

MultiFamily

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