NOT LISTED FOR SALE

4018 Westover Rd SE Cedar Rapids, IA 52403

-- Bed
-- Bath
3,428 Sq Ft
10,367 Sq Ft Lot

Last Sold January 30, 2023

Last sale price $270,000 $79 Per Sq Ft

4 Days on Market

About This Home

As of January 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 $595, $625, $625, and $595. 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

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,470

Year Built

  • 1979

Lot Details

  • 10,367 Sq Ft Lot
  • Lot Dimensions are 75x130

Parking

  • 8 Parking Spaces

Home Design

  • 3,428 Sq Ft Home

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • Gross Income $30,360
  • Net Operating Income $14,953

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,470

Year Built

1979

Lot Details

0

Listing Details

  • Acres: 0.2380
  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 4470
  • List User Cell Phone: 319-853-3555
  • Miscellaneous: Common Laundry-Owned
  • Net Tax: 4470
  • Noof Units Two Bedroom: 4
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 78.76
  • Total Sq Ft: 3428
  • Style St: Flat/Apartment
  • Taxable Value Tv: 183200.00
  • Tenants Responsibilities Include: Electricity
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1979

Garage/Parking

  • Number Of Parking Spaces: 8

Utilities

  • Heating Cooling: Window/Wall Air

Schools

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

Lot Info

  • Lot Size: 75x130

Rental Info

  • Owner Pays: Water, Gas
  • Total Expenses: 15407

Multi Family

  • Gross Income: 30360
  • Net Operating Income: 14953.00

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
01/30/2023 01/30/23 Sold $270,000 0.0% $79 / Sq Ft
12/09/2022 12/09/22 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

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2210087

Cedar Rapids Area Association of REALTORS®