NOT LISTED FOR SALE

4004 21st Ave SW Cedar Rapids, IA 52404

-- Bed
-- Bath
3,270 Sq Ft
9,757 Sq Ft Lot

Last Sold February 04, 2019

Last sale price $263,000 $80 Per Sq Ft

24 Days on Market

About This Home

As of February 2019

Investor alert! SW side 4-plex close to bus line and shopping. Landlord pays for gas, water, sewer, and garbage, as well as electric in only the common areas. Tenant pays electric. Extra income is generated from the common laundry area. See attached file for estimated income and expenses. 48 hour notice required! SOLD WITH MLS #1808480.

Last Agent to Sell the Property

Steve Mcvay

RE/MAX CONCEPTS Listed on: 12/21/2018

RE/MAX CONCEPTS

Last Buyer's Agent

Penny Novak

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,084

Year Built

  • 1981

Lot Details

  • 9,757

Parking

  • 4 Parking Spaces

Home Design

  • 3,270 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Additional Features

  • 9,757 Sq Ft Lot
  • Central Air

Community Details

  • Gross Income $26,052
  • Net Operating Income $3,282

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,084

Year Built

1981

Lot Details

0

Listing Details

  • Acres: 0.2240
  • City Name: Cedar Rapids
  • Gross Tax: 4084
  • List User Cell Phone: 319-431-8663
  • Miscellaneous: Common Laundry-Owned, Parking Spaces
  • Net Tax: 4084
  • Noof Units Two Bedroom: 4
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 1.94815
  • Ratio Close Price By Original Li: 1.94815
  • Ratio Current Price By Sq Ft: 80.43
  • Total Sq Ft: 3270
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Electricity
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1981

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Cooling: Central Air, Steam

Schools

  • Elementary School: Van Buren
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: Irregular

Rental Info

  • Owner Pays: Water, Gas
  • Total Expenses: 22770

Multi Family

  • Gross Income: 26052
  • Net Operating Income: 3282.00

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
02/04/2019 02/04/19 Sold $263,000 +94.8% $80 / Sq Ft
01/14/2019 01/14/19 Pending -- -- --
01/07/2019 01/07/19 For Sale $135,000 0.0% $41 / Sq Ft
12/22/2018 12/22/18 Pending -- -- --
12/21/2018 12/21/18 For Sale $135,000 -- $41 / 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: 1808479

Cedar Rapids Area Association of REALTORS®