J
Seller's Agent in 2025
Jack Brundell
Creative Real Estate Iowa
(319) 432-2878
56 Total Sales
4030 Johnson Ave NW Cedar Rapids, IA 52405
Cedar Rapids Area
--
Bed
--
Bath
3,367
Sq Ft
0.41
Acre Lot
About This Home
As of February 2025Boasting five units and 100% occupancy, this investment promises immediate returns. The property is ideally zoned as Suburban Residential Medium Flex, offering versatility for future development or expansion. Investors benefit from a strong rental history and convenient location. With a focus on long-term stability and growth, this property presents a compelling opportunity for multifamily investors seeking to capitalize on the thriving market in Cedar Rapids.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,773
Year Built
- Built in 1900
Lot Details
- 17,860 Sq Ft Lot
- Lot Dimensions are 110x152
Home Design
- Frame Construction
- Vinyl Siding
Interior Spaces
- 3,367 Sq Ft Home
- Basement Fills Entire Space Under The House
Schools
- Hoover Elementary School
- Roosevelt Middle School
- Jefferson High School
Utilities
- Heating System Uses Gas
Community Details
- 5 Units
Listing and Financial Details
- Assessor Parcel Number 13251-55014-00000
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
Dec 8, 2024
Closed on
Feb 24, 2025
Sold by
Bought by
Seller's Agent
Jack Brundell
Creative Real Estate Iowa
Buyer's Agent
Jack Brundell
Creative Real Estate Iowa
List Price
$180,000
Sold Price
$145,000
Premium/Discount to List
-$35,000
-19.44%
Views
43
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Outstanding Balance
$141,983
Interest Rate
7.04%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 31, 2008
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
$79,500
Interest Rate
6.1%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| $145,000 | None Listed On Document | ||
| $92,000 | None Available |
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 | $145,000 | ||
| Previous Owner | $79,500 |
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 |
|---|---|---|---|---|---|
| 02/24/2025 02/24/25 | Sold | $145,000 | 0.0% | $43 / Sq Ft | View Prior Sale |
| 02/24/2025 02/24/25 | Sold | $145,000 | -19.4% | $43 / Sq Ft | |
| 01/11/2025 01/11/25 | Pending | -- | -- | -- | |
| 01/11/2025 01/11/25 | Pending | -- | -- | -- | |
| 12/08/2024 12/08/24 | For Sale | $180,000 | 0.0% | $53 / Sq Ft | |
| 12/06/2024 12/06/24 | For Sale | $180,000 | -- | $53 / 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 | $2,710 | $188,700 | $48,400 | $140,300 |
| 2024 | $74 | $153,100 | $37,400 | $115,700 |
| 2023 | $74 | $153,100 | $37,400 | $115,700 |
| 2022 | $78 | $147,800 | $37,400 | $110,400 |
| 2021 | $3,002 | $147,800 | $37,400 | $110,400 |
| 2020 | $88 | $113,700 | $30,800 | $82,900 |
| 2019 | $3,029 | $103,400 | $30,800 | $72,600 |
| 2018 | $3,602 | $103,400 | $30,800 | $72,600 |
| 2017 | $3,006 | $91,200 | $30,800 | $60,400 |
| 2016 | $3,006 | $91,200 | $30,800 | $60,400 |
| 2015 | $2,994 | $87,108 | $30,791 | $56,317 |
| 2014 | $2,994 | $104,132 | $17,360 | $86,772 |
| 2013 | $1,893 | $104,132 | $17,360 | $86,772 |
Source: Public Records
Agents Affiliated with this Home
-
Jack Brundell
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2408264
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.
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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