NOT LISTED FOR SALE

401 4th Ave SW Cedar Rapids, IA 52404

Taylor Neighborhood

Estimated Value: $130,000 - $160,751

6 Beds
2 Baths
2,056 Sq Ft
$71/Sq Ft Est. Value

Sale Details

Date Sold: June 11, 2021

Last sale price $137,000 $67 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $965 / mo

4 Days on Market

About This Home

As of June 2021

Seller currently lives in the lower unit. Upper unit is tenant occupied and requires 48 hours to show. Tenants pay all utilities, except for water. Water averages $225/month Upper unit is $915/month. Both units are nicely updated, and have new mechanicals and a radon system in place.

Last Agent to Sell the Property

Ryan Eighme

Pinnacle Realty LLC Listed on: 04/06/2021

Pinnacle Realty LLC

Last Buyer's Agent

Ryan Eighme

Pinnacle Realty LLC Listed on: 04/06/2021

Pinnacle Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,784

Year Built

  • 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 60 x 51

Home Design

  • 2,056 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Gross Income $18,780

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,784

Year Built

1900

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Acres: 0.0700
  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 1784
  • List User Cell Phone: 319-721-6099
  • Miscellaneous: Basement, Sep. Meter – Electric, Sep. Meter – Gas
  • Net Tax: 1784
  • Noof Units Four Bedroom: 1
  • Noof Units Two Bedroom: 1
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.97927
  • Ratio Close Price By Original Li: 0.97927
  • Ratio Current Price By Sq Ft: 66.63
  • Total Sq Ft: 2056
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Water
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

  • Heating Cooling: Gas Heat, Hot Water Heat

Lot Info

  • Lot Size: 60 X 51

Rental Info

  • Owner Pays: Electricity, Gas
  • Total Expenses: 3190

Multi Family

  • Gross Income: 18780

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
May 20, 2021
Sold by
Bought by
Seller's Agent
Ryan Eighme
Pinnacle Realty LLC
Buyer's Agent
Ryan Eighme
Pinnacle Realty LLC
List Price
$139,900
Sold Price
$137,000
Premium/Discount to List
-$2,900
-2.07%
Current Estimated Value
$146,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,917
Avg. Annual Appreciation
1.39%
Original Mortgage
$102,750
Outstanding Balance
$92,621
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$54,296

Purchase Details

Listed on
Oct 24, 2016
Closed on
Feb 14, 2017
Sold by
Bought by
Seller's Agent
Saige Turner
Pinnacle Realty LLC
Buyer's Agent
Ryan Eighme
Pinnacle Realty LLC
List Price
$115,000
Sold Price
$100,000
Premium/Discount to List
-$15,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%

Purchase Details

Closed on
Oct 26, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,400
Interest Rate
3.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$137,000 Security First Title Co
$137,000 Security First Title
-- None Available
-- --
$85,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $102,750
Closed $102,750
Previous Owner $68,000
Previous Owner $77,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2021 06/11/21 Sold $137,000 -2.1% $67 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $139,900 +39.9% $68 / Sq Ft
02/16/2017 02/16/17 Sold $100,000 -13.0% $49 / Sq Ft View Prior Sale
01/16/2017 01/16/17 Pending -- -- --
10/24/2016 10/24/16 For Sale $115,000 -- $56 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,066 $149,400 $23,500 $125,900
2024 $2,168 $111,700 $23,500 $88,200
2023 $2,168 $116,800 $16,800 $100,000
2022 $2,130 $102,800 $16,800 $86,000
2021 $1,868 $102,800 $16,800 $86,000
2020 $1,868 $84,700 $11,800 $72,900
2019 $1,790 $83,000 $10,100 $72,900
2018 $1,556 $83,000 $10,100 $72,900
2017 $1,780 $81,700 $10,100 $71,600
2016 $1,720 $80,900 $8,600 $72,300
2015 $1,716 $80,607 $8,568 $72,039
2014 $1,716 $80,607 $8,568 $72,039
2013 $1,678 $80,607 $8,568 $72,039
Source: Public Records

Agents Affiliated with this Home

  • Ryan Eighme

    Seller's Agent in 2021

    Ryan Eighme

    Pinnacle Realty LLC

    (319) 721-6099

    1 in this area

    106 Total Sales

    Ryan Eighme
    Section Image

  • S

    Seller's Agent in 2017

    Saige Turner

    Pinnacle Realty LLC

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2102028

Cedar Rapids Area Association of REALTORS®

APN: 14282-59001-00000

Iowa Linn County Cedar Rapids 52404 Taylor

401 4th Ave SW, Cedar Rapids, IA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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