$69,500
SOLD DEC 2, 2022

501 Cedar St Atlantic, IA 50022

-- Bed
-- Bath
2,300 Sq Ft
1900 Built

Recently Sold

$30 Per Sq Ft

12% Below List Price

75 Days on Market

Highlights

  • Air Conditioning
  • Hot Water Heating System
  • 4-minute walk to Atlantic City Park

About This Home

As of September 2025

Duplex with $800/M paid by both main level and upstairs tenants. ($400/M each) Owner pays trash, tenants pay the remaining utilities. Central A/C on bottom unit, window unit on 2nd floor unit. Located on a corner lot. Individual gas and electric meters. School district is Atlantic. All information approximate.

Last Agent to Sell the Property

Bradley Sindt

Capital Estates, PLLC License #B65331000 Listed on: 07/28/2022

Last Buyer's Agent

Hud Nonmember

Nonmember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,758

Year Built

  • Built in 1900

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property

Schools

  • Schuler Elementary School
  • Atlantic Middle School
  • Atlantic High School

Utilities

  • Air Conditioning
  • Window Unit Cooling System
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electric, water, gas
  • The owner pays for garbage

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,758

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Inspections: Self Inspected
  • Miscellaneous: Individual Elec Mtrs, Individual Gas Mtrs
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2.0
  • Stories: Two
  • Appliances: Dishwasher, Window A/C, Washer, Stove, Refrigerator, Dryer
  • Features: Carpets, W/D Hookups, Patio, Other, Hardwood, Extra Storage, Common Util Room

Beds/Baths

  • Half Bathrooms: One
  • Full Bathrooms: Two
  • Sleeping Rooms: Four

Exterior Features

  • Roof: Composition
  • Exterior: Frame

Garage/Parking

  • Garage: None
  • Parking: See Remarks

Utilities

  • Heat Cooling: Central A/C, Window A/C, Hot Water
  • Utilities Paid by Owner: Garbage
  • Utilities Paid by Renter: Electric, Water, Gas

Schools

  • School District: Atlantic
  • Elementary School: Schuler
  • Middle School: Atlantic
  • High School: Atlantic
  • Elementary School: Schuler
  • High School: Atlantic
  • Jr High: Atlantic
  • School District: Atlantic

Lot Info

  • Lot Size: 4,500
  • Zoning: Residential

Building Info

  • Year Built: 1900
  • Building Sq Ft: 2300.00

Tax Info

  • Current REIDS Year Paid: N/A
  • Assessed Improvement Value: 82870.00
  • Assessed Land Value: 4630.00
  • Gross Taxes: 1784.00
  • Net Taxes: 1784.00
  • Tax Year: 2020
  • Total Assessed Value: 87500.00

Range of Values:

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Average Value
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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 Change Sq Ft Price
09/01/2025 09/01/25 Sold $65,000 -13.3% $28 / Sq Ft
08/25/2025 08/25/25 Pending -- -- --
07/18/2025 07/18/25 Price Changed $75,000 -11.8% $33 / Sq Ft
04/03/2025 04/03/25 Price Changed $85,000 -6.6% $37 / Sq Ft
03/27/2025 03/27/25 For Sale $91,000 0.0% $40 / Sq Ft
03/25/2025 03/25/25 Off Market $91,000 -- --
07/09/2024 07/09/24 Price Changed $91,000 -6.7% $40 / Sq Ft
03/22/2024 03/22/24 For Sale $97,500 +40.3% $42 / Sq Ft
12/02/2022 12/02/22 Sold $69,500 -12.0% $30 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $79,000 -- $34 / Sq Ft
Source: Southwest Iowa 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
2024 $1,758 $97,780 $4,630 $93,150
2023 $1,876 $97,780 $4,630 $93,150
2022 $1,844 $87,500 $4,630 $82,870
2021 $1,844 $87,500 $4,630 $82,870
2020 $1,756 $79,210 $4,630 $74,580
2019 $1,636 $69,900 $0 $0
2018 $1,616 $69,900 $0 $0
2017 $1,560 $65,340 $0 $0
2016 $1,540 $65,340 $0 $0
2015 $1,524 $65,340 $0 $0
2014 $1,540 $65,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Iowa Association of Realtors®

MLS Number: 22-1401

Southwest Iowa Association of Realtors®

APN: 300004486001000