J
Seller's Agent in 2024
Justin Downs
Pinnacle Realty LLC
(563) 608-2313
3 in this area
7 Total Sales
412 8th Ave SW Unit 1&2 Cedar Rapids, IA 52404
Taylor NeighborhoodEstimated Value: $94,000 - $108,000
3
Beds
2
Baths
1,129
Sq Ft
$89/Sq Ft
Est. Value
About This Home
As of June 2024Updated 3 BR 2 bath over under duplex. New paint/ lvp /carpet on both levels. Both units leased $825 lower until 05/30/24 and the upper at $700 until 07/31. 24 hour notice required for upper tenants. Owner pays utilities but could be converted or charged back to tenants.
Seller is listing agent
Property is being sold "As Is" All isspections are for buyers knowledge only and no remedies will be made.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,578
Year Built
- 1900
Home Design
- Frame Construction
- Aluminum Siding
Interior Spaces
- 1,129 Sq Ft Home
- Basement Fills Entire Space Under The House
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
Community Details
- Pets Allowed
Listing and Financial Details
- The owner pays for water, electricity, gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2024
Closed on
Jun 27, 2024
Sold by
Updowns Investments Llc
Bought by
Gs Property Llc
Seller's Agent
Justin Downs
Pinnacle Realty LLC
Buyer's Agent
Chris Puckett
Realty87
List Price
$115,000
Sold Price
$103,000
Premium/Discount to List
-$12,000
-10.43%
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,500
Avg. Annual Appreciation
-2.19%
Purchase Details
Closed on
Mar 1, 2021
Sold by
Schmitt Kevin and Schmitt Karen J
Bought by
Updowns Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 12, 2004
Sold by
Morrow Steven P and Morrow Dawn D
Bought by
Schmitt Kevin and Nielson Krystal
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,650
Interest Rate
5.48%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 21, 2003
Sold by
Chatman Ben C
Bought by
Morrow Steven P and Morrow Dawn D
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gs Property Llc | $103,000 | None Listed On Document | |
| Updowns Investments Llc | $72,500 | None Available | |
| Schmitt Kevin | $78,000 | All American Escrow & Title | |
| Morrow Steven P | $24,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Updowns Investments Llc | $75,000 | |
| Previous Owner | Schmitt Kevin | $11,186 | |
| Previous Owner | Schmitt Kevin | $70,650 | |
| Closed | Gs Property Llc | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2024 06/27/24 | Sold | $103,000 | 0.0% | $91 / Sq Ft |
| 06/27/2024 06/27/24 | Sold | $103,000 | -8.0% | $91 / Sq Ft |
| 05/31/2024 05/31/24 | Pending | -- | -- | -- |
| 05/29/2024 05/29/24 | Price Changed | $112,000 | -2.6% | $99 / Sq Ft |
| 05/10/2024 05/10/24 | For Sale | $115,000 | +11.7% | $102 / Sq Ft |
| 03/13/2024 03/13/24 | Off Market | $103,000 | -- | -- |
| 03/13/2024 03/13/24 | Pending | -- | -- | -- |
| 03/04/2024 03/04/24 | Price Changed | $118,000 | -4.1% | $105 / Sq Ft |
| 02/23/2024 02/23/24 | Price Changed | $123,000 | -3.5% | $109 / Sq Ft |
| 02/12/2024 02/12/24 | Price Changed | $127,500 | -5.6% | $113 / Sq Ft |
| 01/24/2024 01/24/24 | For Sale | $135,000 | -- | $120 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
Tax History
| 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 |
|---|---|---|---|---|
| 2023 | $1,578 | $85,100 | $24,200 | $60,900 |
| 2022 | $349 | $74,800 | $20,200 | $54,600 |
| 2021 | $1,380 | $68,300 | $20,200 | $48,100 |
| 2020 | $1,380 | $62,500 | $18,200 | $44,300 |
| 2019 | $1,312 | $60,900 | $18,200 | $42,700 |
| 2018 | $1,276 | $60,900 | $18,200 | $42,700 |
| 2017 | $1,182 | $57,800 | $18,200 | $39,600 |
| 2016 | $1,182 | $55,600 | $15,500 | $40,100 |
| 2015 | $1,230 | $57,841 | $15,453 | $42,388 |
| 2014 | $1,230 | $57,841 | $15,453 | $42,388 |
| 2013 | $1,204 | $57,841 | $15,453 | $42,388 |
Source: Public Records
Agents Affiliated with this Home
-
-
C
Buyer's Agent in 2024
Chris Puckett
Realty87
4 in this area
36 Total Sales
-
H
Buyer Co-Listing Agent in 2024
Holly Puckett
Realty87
(319) 533-1828
3 in this area
23 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2403203
APN: 14283-32025-00000
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