Calling all savvy investors! Prepare to embark on a thrilling real estate adventure with this hidden gem. This 5-bedroom home is a jackpot waiting to be claimed, offering a plethora of opportunities to maximize your returns.
The easy-to-maintain yard is a dream come true for busy investors who want to spend less time on upkeep and more time counting their profits. Sit back, relax, and watch your investment flourish while others toil away in their gardens.
The open front porch sets the stage for a warm and welcoming entrance. Picture yourself sipping lemonade and engaging in friendly banter with potential tenants or buyers, as they fall head over heels for the charm and potential of this property.
Step inside and be captivated by the open floor plan that invites endless possibilities. The breakfast bar serves as a social hub, where residents can mingle, share stories, and create memories. The dining area offers the perfect backdrop for elegant dinner parties or casual gatherings, ensuring every tenant feels right at home.
Don't underestimate the power of a large pantry! This hidden treasure provides ample storage space, allowing tenants to stock up on their favorite goodies without sacrificing valuable countertop real estate.
As you ascend to the second floor, you'll discover three bedrooms and a full bathroom, providing comfort and privacy for your future tenants. And the excitement doesn't end there! The third floor unveils two additional bedrooms, making this home a lucrative investment opportunity for accommodating larger families or groups.
Get ready to turn this canvas into a masterpiece. With your financial prowess and a touch of imagination, you can transform this property into a highly sought-after residence that will have tenants lining up at your door.
So, put on your investor cap, buckle up, and get ready to embark on a fun-filled journey that promises both laughter and financial success. This opportunity won't last long, so seize the day and let your investment dreams soar to new heights!
Buyer should verify the finished sq. ft. This is a foreclosure property and the following is required - please allow 48 Business Hours On Response Time For Offers. As-Is Addendum Included In The Supplemental Docs must accompany any offer. Also *Note, any lender letter must state that the appraisal is an As Is appraisal and no repairs will be required.
Home Type
Year Built
Lot Details
Home Design
Interior Spaces
Kitchen
Bedrooms and Bathrooms
$75,000
Investor Alert! This 3-bedroom, 1-bath home is listed well below assessed value—an excellent opportunity for investors, flippers, or those looking to add to their rental portfolio. With plenty of upside, this property is being sold as-is and is ready for your updates and improvements.
Bonnie Tiernan Realty87
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $61,500 | None Listed On Document | |
| Warranty Deed | $81,500 | None Available | |
| Warranty Deed | $15,000 | None Available | |
| Special Warranty Deed | $34,500 | None Available | |
| Warranty Deed | $79,000 | None Available | |
| Special Warranty Deed | -- | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $155,000 | New Conventional | |
| Previous Owner | $12,225 | Stand Alone Second | |
| Previous Owner | $65,200 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $35,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $75,510 | Purchase Money Mortgage | |
| Previous Owner | $59,200 | Unknown |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2023 08/11/23 | Sold | $61,177 | +2.1% | $37 / Sq Ft |
| 07/18/2023 07/18/23 | Pending | -- | -- | -- |
| 07/12/2023 07/12/23 | For Sale | $59,900 | -26.5% | $36 / Sq Ft |
| 03/08/2019 03/08/19 | Sold | $81,500 | +3.2% | $49 / Sq Ft |
| 01/19/2019 01/19/19 | Pending | -- | -- | -- |
| 01/16/2019 01/16/19 | For Sale | $78,950 | -- | $47 / Sq Ft |
| 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 | $1,942 | $101,700 | $13,300 | $88,400 |
| 2022 | $1,700 | $92,100 | $13,300 | $78,800 |
| 2021 | $1,718 | $82,100 | $11,200 | $70,900 |
| 2020 | $1,718 | $77,900 | $11,200 | $66,700 |
| 2019 | $972 | $0 | $0 | $0 |
| 2018 | $972 | $0 | $0 | $0 |
| 2017 | $1,030 | $47,300 | $9,800 | $37,500 |
| 2016 | $1,006 | $47,300 | $9,800 | $37,500 |
| 2015 | $1,126 | $52,942 | $9,765 | $43,177 |
| 2014 | $1,126 | $52,942 | $9,765 | $43,177 |
| 2013 | $1,102 | $52,942 | $9,765 | $43,177 |
Seller's Agent in 2023
Jill Monnahan
SKOGMAN REALTY
(319) 981-1409
5 in this area
218 Total Sales
Seller Co-Listing Agent in 2023
Jacey Slaton
SKOGMAN REALTY
(319) 551-2361
6 in this area
149 Total Sales
Buyer's Agent in 2023
Curtis Cleveland
Realty87
(319) 360-0708
22 in this area
152 Total Sales
Seller's Agent in 2019
Terry Knake
SKOGMAN REALTY COMMERCIAL
(319) 310-6734
15 in this area
39 Total Sales
G
Buyer's Agent in 2019
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2304472
APN: 14222-84038-00000
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