M
Seller's Agent in 2025
Mark Christianson
Keller Williams Legacy Group
(319) 329-5770
3 in this area
52 Total Sales
418 A Ave NW Cedar Rapids, IA 52405
Northwest Area Neighborhood
--
Bed
--
Bath
1,384
Sq Ft
8,712
Sq Ft Lot
Highlights
- Forced Air Heating and Cooling System
- Garage
- Fenced
About This Home
As of September 2025Great income investment property. Check out this up/down duplex close to downtown. Lower unit(1 bedroom)rents for $625/mo upper unit(2 bedroom) rents for $675/mo. Lower tenant has been there for 15 yrs and upper tenant for 3 yrs. Tenants pay electric and gas and owner pays water/sewer/garbage. This is a Section 8 approved property with guaranteed rental income. Property has laundry in basement and a 2 stall divided garage at the back of the property. Great opportunity!
Last Agent to Sell the Property
Keller Williams Legacy Group Listed on: 03/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,146
Year Built
- Built in 1890
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 40'x140'
- Fenced
Parking
- Garage
Home Design
- 1,384 Sq Ft Home
- Block Foundation
- Frame Construction
- Vinyl Siding
Laundry
- Laundry in unit
Schools
- Cleveland Elementary School
- Roosevelt Middle School
- Jefferson High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for water
- Assessor Parcel Number 14291-07013-00000
Community Details
Overview
- 2 Units
Pet Policy
- Pets Allowed
Building Details
- Operating Expense $3,000
- Gross Income $15,600
- Net Operating Income $12,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 25, 2021
Sold by
Talon Enterprises Llc
Bought by
Funn Investments Llc
Purchase Details
Closed on
Nov 12, 2020
Sold by
Sharp Cathrine and Werling Toni
Bought by
Talon Enterprises Llc
Purchase Details
Listed on
Aug 11, 2015
Closed on
Apr 29, 2016
Sold by
Baldus Joseph C and Baldus Lana E
Bought by
Ihg Lc Series 2
Seller's Agent
Lana Baldus
SKOGMAN REALTY
Buyer's Agent
Lana Baldus
SKOGMAN REALTY
List Price
$73,000
Sold Price
$51,500
Premium/Discount to List
-$21,500
-29.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%
Purchase Details
Closed on
Feb 16, 2006
Sold by
Emc Mortgage Corp
Bought by
Baldus Joseph C and Baldus Lana E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Sep 12, 2005
Sold by
Wells Fargo Bank Na
Bought by
Emc Mortgage Co
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $105,000 | None Available | |
| Legal Action Court Order | $65,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Special Warranty Deed | $67,500 | None Available | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $61,200 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2025 09/03/25 | Sold | $103,000 | -10.4% | $74 / Sq Ft |
| 08/07/2025 08/07/25 | Pending | -- | -- | -- |
| 05/12/2025 05/12/25 | Price Changed | $115,000 | -4.2% | $83 / Sq Ft |
| 04/10/2025 04/10/25 | Price Changed | $120,000 | -4.0% | $87 / Sq Ft |
| 03/07/2025 03/07/25 | For Sale | $125,000 | +142.7% | $90 / Sq Ft |
| 04/29/2016 04/29/16 | Sold | $51,500 | -29.5% | $37 / Sq Ft |
| 03/20/2016 03/20/16 | Pending | -- | -- | -- |
| 08/11/2015 08/11/15 | For Sale | $73,000 | -- | $53 / 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 |
|---|---|---|---|---|
| 2025 | $1,646 | $121,300 | $24,000 | $97,300 |
| 2024 | $1,964 | $118,500 | $24,000 | $94,500 |
| 2023 | $1,964 | $93,000 | $24,000 | $69,000 |
| 2022 | $1,778 | $93,100 | $22,000 | $71,100 |
| 2021 | $1,630 | $85,800 | $22,000 | $63,800 |
| 2020 | $1,630 | $73,900 | $18,000 | $55,900 |
| 2019 | $1,280 | $59,400 | $12,000 | $47,400 |
| 2018 | $1,244 | $59,400 | $12,000 | $47,400 |
| 2017 | $1,276 | $58,600 | $12,000 | $46,600 |
| 2016 | $1,246 | $58,600 | $12,000 | $46,600 |
| 2015 | $1,246 | $58,474 | $12,000 | $46,474 |
| 2014 | $1,244 | $58,474 | $12,000 | $46,474 |
| 2013 | $1,218 | $58,474 | $12,000 | $46,474 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Christianson
-
Anthony Lueken
A
Buyer's Agent in 2025
Anthony Lueken
Epique Realty
(319) 480-3875
3 in this area
82 Total Sales
-
Lana Baldus
Seller's Agent in 2016
Lana Baldus
SKOGMAN REALTY
(319) 721-2580
1 in this area
40 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2501481
APN: 14291-07013-00000
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