NOT LISTED FOR SALE

423 5th St NW Cedar Rapids, IA 52405

Northwest Area Neighborhood

Estimated Value: $250,924

-- Bed
-- Bath
2,775 Sq Ft
$90/Sq Ft Est. Value

Last Sold January 17, 2017

Last sale price $147,000 $53 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,521/month

55 Days on Market

Highlights

  • Forced Air Cooling System
  • Junction City Elementary School Rated A
  • Home Security System

About This Home

As of January 2017

EXCELLENT OPPORTUNITY FOR SOMEONE WHO WANTS TO OWN A BUSINESS AND LIVE IN THE BUILDING! OR TO RENT ENTIRE BUILDING. LOWER COMMERCIAL SPACE IS CURRENTLY OWNER OCCUPIED. UPSTAIRS IS A COMPLETELY RENOVATED 3 BEDROOM APARTMENT CURRENTLY RENTED AT $950 PER MON ON A MONTH TO MONTH LEASES. BOTH UNITS ARE IN EXCELLENT CONDITION! VERY UNIQUE PROPERTY AND HAS LOT OF DRIVE BY TRAFFIC! TAXES REFLECT A RECENT SPLIT AND HAS NOT BEEN FULLY TAXED AT THIS TIME. CALL LISTING AGENT WITH QUESTIONS. SQUARE FOOTAGE BASED ON 1575 PER ASSESSOR FOR MAIN FLOOR AND 1200 UPPER LEVEL APPROXIMATE.

Last Agent to Sell the Property

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES Listed on: 10/10/2016

Last Buyer's Agent

Steve White

SKOGMAN REALTY COMMERCIAL

SKOGMAN REALTY COMMERCIAL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,404

Year Built

  • 1909

Home Design

  • 2,775 Sq Ft Home
  • Brick Exterior Construction
  • Frame Construction

Laundry

  • Laundry in unit

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,404

Year Built

1909

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • List User Cell Phone: 319-981-3702
  • Miscellaneous: Basement, Security System, Sep. Meter – Electric, Sep. Meter – Water, Unit Laundry
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.98033
  • Ratio Close Price By Original Li: 0.98033
  • Ratio Current Price By Sq Ft: 52.97
  • Total Sq Ft: 2775
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1909

Exterior Features

  • Construction Methods: Frame
  • Exterior: Brick

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Lot Info

  • Lot Size: Irregular

Rental Info

  • Owner Pays: Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2016
Closed on
Jan 16, 2017
Sold by
Luckett Clay Ivan L and Luckett Clay Ivan
Bought by
West Side Wolf Pack Iii Llc
Seller's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Steve White
SKOGMAN REALTY COMMERCIAL
List Price
$149,950
Sold Price
$147,000
Premium/Discount to List
-$2,950
-1.97%
Current Estimated Value
$250,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,924
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
West Side Wolf Pack Iii Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2017 01/17/17 Sold $147,000 -2.0% $53 / Sq Ft
12/04/2016 12/04/16 Pending -- -- --
10/10/2016 10/10/16 For Sale $149,950 -- $54 / 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
2025 $2,404 $150,200 $12,100 $138,100
2024 $3,640 $135,900 $12,100 $123,800
2023 $3,640 $135,900 $12,100 $123,800
2022 $3,268 $172,600 $12,100 $160,500
2021 $3,506 $146,100 $12,100 $134,000
2020 $3,506 $146,000 $12,100 $133,900
2019 $3,596 $140,555 $6,655 $133,900
2018 $3,632 $140,555 $6,655 $133,900
2017 $3,012 $87,500 $12,100 $75,400
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    Graf Home Selling Team

    GRAF HOME SELLING TEAM & ASSOCIATES

  • Steve White

    Buyer's Agent in 2017

    Steve White

    SKOGMAN REALTY COMMERCIAL

    (319) 399-1575

    30 Total Sales

    Steve White
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1611826

Cedar Rapids Area Association of REALTORS®

APN: 14291-03004-00000

Iowa Linn County Cedar Rapids 52405 Northwest Area

423 5th St NW, Cedar Rapids, IA

Not Listed for Sale

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.

Cedar Rapids Area Association of REALTORS® 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.

Nearby Homes