$77,000
SOLD JUL 3, 2023
-- Bed
-- Bath
1,933 Sq Ft
2,483 Sq Ft Lot

Recently Sold

$40 Per Sq Ft

6 Days on Market

About This Home

As of May 2024

Unique INVESTOR opportunity! Own the only residential properties on the block, all three side by side. 421 12th, 417 12th & 415 12th can be purchased individually or together.
Roofs on all 3 properties redone in 2022.
417 12th Upper unit has long time tenants currently paying month to month. Tenant pays electricity & gas. Landlord pays water.

Last Agent to Sell the Property

Victoria Torres

KW Advantage Listed on: 05/15/2023

KW Advantage

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,040

Year Built

  • 1900

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,933 Sq Ft Home
  • Block Basement Construction

Additional Features

  • Lot Dimensions are 50 x 50
  • Heating System Uses Gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,040

Year Built

1900

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • Gross Tax: 1040
  • List User Cell Phone: 319-440-4086
  • Net Tax: 854
  • Noof Units Two Bedroom: 2
  • 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: 39.83
  • Total Sq Ft: 1933
  • Style St: Upper/Lower
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Zoning: RES
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Basement: Block

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Utilities

  • Heating Cooling: Gas Heat

Schools

  • Elementary School: Johnson
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 50 X 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Apr 30, 2024
Sold by
417 12Th St Llc
Bought by
Overflow Properties Llc
Seller's Agent
Travis Gaule
Skogman Realty Co.
Buyer's Agent
Travis Gaule
Skogman Realty Co.
List Price
$175,000
Sold Price
$135,000
Premium/Discount to List
-$40,000
-22.86%
Views
2
Current Estimated Value
$112,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,046
Avg. Annual Appreciation
-1.40%
Original Mortgage
$108,000
Outstanding Balance
$77,322
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$55,313

Purchase Details

Listed on
May 15, 2023
Closed on
Jul 3, 2023
Sold by
Arrell Investments Llc
Bought by
Diversity Holdings Llc
Seller's Agent
Victoria Torres
KW Advantage
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$77,000
Sold Price
$77,000
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
96.69%
Original Mortgage
$107,000
Interest Rate
6.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $49,000 None Listed On Document
Warranty Deed $77,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $108,000 New Conventional
Previous Owner $107,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $135,000 0.0% $145 / Sq Ft
04/01/2024 04/01/24 Off Market $135,000 -- --
04/01/2024 04/01/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $175,000 +127.3% $188 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
07/03/2023 07/03/23 Sold $77,000 0.0% $40 / Sq Ft
05/21/2023 05/21/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $77,000 -- $40 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $948 $49,700 $13,500 $36,200
2022 $930 $44,900 $10,800 $34,100
2021 $1,018 $44,900 $10,800 $34,100
2020 $1,018 $46,100 $10,800 $35,300
2019 $862 $40,000 $6,800 $33,200
2018 $838 $40,000 $6,800 $33,200
2017 $890 $41,900 $6,800 $35,100
2016 $890 $41,900 $6,800 $35,100
2015 $938 $44,112 $6,750 $37,362
2014 $938 $44,112 $6,750 $37,362
2013 $918 $44,112 $6,750 $37,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2303060

Cedar Rapids Area Association of REALTORS®

APN: 14223-33004-00000