NOT LISTED FOR SALE

Estimated Value: $129,819 - $150,000

4 Beds
2 Baths
1,790 Sq Ft
$78/Sq Ft Est. Value

Last Sold October 19, 2018

Last sale price $97,000 $54 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $925/month

4 Days on Market

Highlights

  • Forced Air Cooling System
  • Garage
  • Fenced

About This Home

As of October 2018

This home is located at 428 4th Ave SW, Cedar Rapids, IA 52404 since 07 September 2018 and is currently estimated at $139,910, approximately $78 per square foot. This property was built in 1882. 428 4th Ave SW is a home located in Linn County with nearby schools including Cedar River Academy at Taylor Elementary School, Wilson Middle School, and Thomas Jefferson High School.

Last Agent to Sell the Property

Ken Draine

Skogman Realty Listed on: 09/07/2018

Skogman Realty

Last Buyer's Agent

Michelle David

Pinnacle Realty LLC

Pinnacle Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,264

Year Built

  • 1882

Lot Details

  • 7,013 Sq Ft Lot
  • Lot Dimensions are 140 x 50
  • Fenced

Parking

  • Garage

Home Design

  • 1,790 Sq Ft Home
  • Frame Construction

Utilities

  • Forced Air Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Gross Income $12,960

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,264

Year Built

1882

Lot Details

0

Listing Details

  • Acres: 0.1610
  • City Name: Cedar Rapids
  • Gross Tax: 2264
  • List User Cell Phone: 319-610-8640
  • Miscellaneous: Basement, Common Laundry-Owned, Fencing, Garage, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water, Ten Storag
  • Net Tax: 2264
  • Noof Units Four Bedroom: 4
  • 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: 54.19
  • Total Sq Ft: 1790
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1882

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat, Window/Wall Air

Schools

  • Elementary School: Taylor
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: 140 X 50

Multi Family

  • Gross Income: 12960

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2018
Closed on
Oct 4, 2018
Sold by
Hawn Nathaniel J and Hawn Alexandria
Bought by
Pearson Logan W
Seller's Agent
Ken Draine
Skogman Realty
Buyer's Agent
Michelle David
Pinnacle Realty LLC
List Price
$97,000
Sold Price
$97,000
Current Estimated Value
$139,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,910
Avg. Annual Appreciation
5.42%
Original Mortgage
$77,600
Outstanding Balance
$68,197
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$71,713

Purchase Details

Listed on
Jan 17, 2014
Closed on
Jun 6, 2014
Sold by
Kratochvil Robert W and Kratochvil Robert T
Bought by
Hawn Nathaniel J
Seller's Agent
Matt Faltis
Century 21 Signature Real Estate
Buyer's Agent
Matt Faltis
Century 21 Signature Real Estate
List Price
$120,000
Sold Price
$109,000
Premium/Discount to List
-$11,000
-9.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.63%
Original Mortgage
$80,000
Interest Rate
4.37%
Mortgage Type
Closed End Mortgage

Purchase Details

Closed on
Jun 9, 2006
Sold by
Keener Jody and Keener Cecillia
Bought by
Kratochvil Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Pearson Logan W $97,000 None Available
Hawn Nathaniel J $109,000 None Available
Kratochvil Robert W $86,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearson Logan W $77,600
Previous Owner Hawn Nathaniel J $80,000
Previous Owner Kratochvil Robert W $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2018 10/19/18 Sold $97,000 0.0% $54 / Sq Ft
09/11/2018 09/11/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $97,000 -11.0% $54 / Sq Ft
06/06/2014 06/06/14 Sold $109,000 -9.2% $61 / Sq Ft
05/05/2014 05/05/14 Pending -- -- --
01/17/2014 01/17/14 For Sale $120,000 -- $67 / 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 $2,226 $175,400 $35,000 $140,400
2024 $2,450 $137,100 $35,000 $102,100
2023 $2,450 $136,300 $25,000 $111,300
2022 $2,390 $116,200 $25,000 $91,200
2021 $2,204 $115,400 $25,000 $90,400
2020 $2,204 $99,900 $17,500 $82,400
2019 $2,100 $97,400 $15,000 $82,400
2018 $2,042 $97,400 $15,000 $82,400
2017 $2,042 $104,000 $15,000 $89,000
2016 $1,862 $87,600 $12,800 $74,800
2015 $1,836 $86,308 $12,750 $73,558
2014 $1,836 $86,308 $12,750 $73,558
2013 $1,798 $86,308 $12,750 $73,558
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1806354

Cedar Rapids Area Association of REALTORS®

APN: 14282-57005-00000