NOT LISTED FOR SALE

4016 Westover Rd SE Cedar Rapids, IA 52403

-- Bed
-- Bath
3,428 Sq Ft
10,803 Sq Ft Lot

Last Sold February 15, 2023

Last sale price $262,000 $76 Per Sq Ft

9 Days on Market

About This Home

As of February 2023

Fully rented four plex in a convenient location just minutes to Lindale Mall, restaurants & more. Large living room includes wood burning fireplace. Kitchen comes equipped with refrigerator, stove & dishwasher. Tenant responsible for electric. Heat, water & trash paid by Landlord. Each unit has a 1 stall detached garage. Coin operated laundry located in the building.. Fully rented at $600, $625, $625, and $625. Professional management in place.

Last Agent to Sell the Property

Bryant Nicholson

Affinity Real Estate Services Listed on: 12/05/2022

Affinity Real Estate Services

Last Buyer's Agent

Jean Perkins

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,504

Year Built

  • 1979

Lot Details

  • 10,803 Sq Ft Lot
  • Lot Dimensions are 83x130

Parking

  • 8 Car Garage

Home Design

  • 3,428 Sq Ft Home
  • Vinyl Construction Material

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas

Listing and Financial Details

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

Community Details

Pet Policy

  • No Pets Allowed

Building Details

  • Gross Income $29,700
  • Net Operating Income $16,874

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,504

Year Built

1979

Lot Details

0

Listing Details

  • Acres: 0.2480
  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 4504
  • List User Cell Phone: 319-853-3555
  • Miscellaneous: Common Laundry-Owned, Deck/Patio, Garage
  • Net Tax: 4504
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.97037
  • Ratio Close Price By Original Li: 0.97037
  • Ratio Current Price By Sq Ft: 76.43
  • Total Sq Ft: 3428
  • Style St: Flat/Apartment
  • Taxable Value Tv: 204000.00
  • Tenants Responsibilities Include: Electricity
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1979

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Number Of Parking Spaces: 8

Utilities

  • Heating Cooling: Gas Heat, Window/Wall Air

Schools

  • Elementary School: Kenwood
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: 83x130

Rental Info

  • Owner Pays: Water, Gas
  • Pets: Pets Not Allowed
  • Total Expenses: 12826

Multi Family

  • Gross Income: 29700
  • Net Operating Income: 16874.00

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
02/15/2023 02/15/23 Sold $262,000 -3.0% $76 / Sq Ft
12/14/2022 12/14/22 Pending -- -- --
12/05/2022 12/05/22 For Sale $270,000 -- $79 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bryant Nicholson

    Seller's Agent in 2023

    Bryant Nicholson

    Affinity Real Estate Services

    (319) 853-3555

    107 Total Sales

    Bryant Nicholson
    Section Image

  • J

    Buyer's Agent in 2023

    Jean Perkins

    SKOGMAN REALTY

    87 Total Sales

    Jean Perkins
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2210086

Cedar Rapids Area Association of REALTORS®

Iowa Linn County Cedar Rapids 52403

4016 Westover Rd SE, Cedar Rapids, IA

This home is located at 4016 Westover Rd SE, Cedar Rapids, IA 52403 since 05 December 2022. This property was built in 1979. 4016 Westover Rd SE is a home located in Linn County with nearby schools including Kenwood Leadership Academy, Franklin Middle School, and George Washington High School.

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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