NOT LISTED FOR SALE

4401 Vasey Ave Unit 1-4 Marion, IA 52302

Estimated Value: $131,000 - $252,000

2 Beds
1 Bath
3,100 Sq Ft
$64/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $141,250 $46 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,128/month

7 Days on Market

About This Home

As of July 2014

(4) 2 BEDROOM 1 BATH UNITS. VERY WELL CARED FOR PROPERTY. SOME NEW WINDOWS AND NEW SIDING 2013; NEW ROOF 2012 - HIGH WIND AND IMPACT RESISTANT SHINGLES. NEWER APPLIANCES. COIN WASHER/DRYER IN COMMON AREA.

Last Agent to Sell the Property

Jim Angstman

Realty87 Listed on: 05/23/2014

Realty87

Last Buyer's Agent

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,568

Year Built

  • 1980

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • 6 Parking Spaces

Home Design

  • 3,100 Sq Ft Home
  • Wood Foundation
  • Frame Construction
  • Vinyl Construction Material

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Separate Meters

Community Details

  • Gross Income $28,080
  • Net Operating Income $16,712

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,568

Year Built

1980

Lot Details

0

Listing Details

  • Acres: 0.2300
  • City Name: Marion
  • Condo Co-Op YN: Yes
  • Expense Info: Owner Provided
  • Gross Tax: 2568
  • List User Cell Phone: 319-540-1800
  • Miscellaneous: Common Laundry-Owned, Parking Spaces, Sep. Meter – Electric
  • Net Tax: 2568
  • Noof Units Two Bedroom: 4
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.94799
  • Ratio Close Price By Original Li: 0.94799
  • Ratio Current Price By Sq Ft: 45.56
  • Total Sq Ft: 3100
  • Style St: Flat/Apartment, Upper/Lower
  • Tax Roll Number: 103240401001000
  • Tenants Responsibilities Include: Electricity
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: R6A
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1980

Exterior Features

  • Construction Methods: Frame, Wood Foundation
  • Exterior: Vinyl

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Heating Cooling: Hot Water Heat, Window/Wall Air

Schools

  • Elementary School: Linn Grove
  • Middle School: Excelsior
  • High School: Linn Mar

Lot Info

  • Lot Size: 9932

Rental Info

  • Owner Pays: Gas, Water
  • Total Expenses: 9402

Multi Family

  • Gross Income: 28080
  • Net Operating Income: 16712.00

Range of Values:

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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2014 07/31/14 Sold $141,250 -5.2% $46 / Sq Ft
05/30/2014 05/30/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $149,000 -- $48 / 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 $912 $63,500 $6,300 $57,200
2024 $878 $48,500 $6,300 $42,200
2023 $878 $48,500 $6,300 $42,200
2022 $838 $39,600 $6,300 $33,300
2021 $824 $39,600 $6,300 $33,300
2020 $824 $36,600 $6,300 $30,300
2019 $768 $36,600 $6,300 $30,300
2018 $738 $34,000 $6,300 $27,700
2017 $708 $31,900 $6,300 $25,600
2016 $688 $31,900 $6,300 $25,600
2015 $686 $31,900 $6,300 $25,600
2014 $686 $31,900 $6,300 $25,600
2013 $656 $31,900 $6,300 $25,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1403617

Cedar Rapids Area Association of REALTORS®

APN: 10324-04010-01000