$121,000
SOLD FEB 24, 2025
-- Bed
-- Bath
1,591 Sq Ft
4,182 Sq Ft Lot

Recently Sold

$76 Per Sq Ft

14% Below List Price

34 Days on Market

About This Home

As of February 2025

Very well priced Fully rented Mixed Use multifamily and commercial space building for sale. Right down the road from Kingston Yard Development, 508 3rd contains 5 1Bed multifamily units with a commercial space facing 3rd Ave. Although this property will have some maintenance/rehab as any... It has both long term and short term investment benefits many will notice.

Last Agent to Sell the Property

Jack Brundell

GLD COMMERCIAL

GLD COMMERCIAL

Last Buyer's Agent

Jack Brundell

GLD COMMERCIAL

GLD COMMERCIAL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,413

Year Built

  • Built in 1900

Lot Details

  • 4,182 Sq Ft Lot
  • Lot Dimensions are 30x140

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,591 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

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

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 14291-79012-00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,413

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.096
  • Co List Office Phone: 319-731-3400
  • MLS Status: Closed
  • Directions: Take a right off 3rd Ave Sw
  • Year Built: 1900
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Type: Frame, Vinyl Siding

Garage/Parking

  • Parking Features: Parking Space(s)

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Lot Dimensions: 30x140
  • ResoLotSizeUnits: Acres
  • Parcel Number: 14291-79012-00000
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 2413.0

Map

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 Change Sq Ft Price
02/24/2025 02/24/25 Sold $121,000 -13.6% $76 / Sq Ft
01/11/2025 01/11/25 Pending -- -- --
12/08/2024 12/08/24 For Sale $140,000 +20.7% $88 / Sq Ft
10/31/2018 10/31/18 Sold $116,000 +0.9% $55 / Sq Ft
09/15/2018 09/15/18 Pending -- -- --
09/07/2018 09/07/18 Price Changed $115,000 -8.0% $54 / Sq Ft
07/17/2018 07/17/18 Price Changed $125,000 -7.4% $59 / Sq Ft
06/21/2018 06/21/18 For Sale $135,000 -- $64 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

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
2023 $2,190 $133,200 $16,800 $116,400
2022 $2,770 $103,800 $16,800 $87,000
2021 $2,398 $102,000 $16,800 $85,200
2020 $2,398 $81,200 $12,600 $68,600
2019 $2,470 $78,554 $9,954 $68,600
2018 $2,532 $78,554 $9,954 $68,600
2017 $2,532 $54,954 $9,954 $45,000
2016 $1,926 $54,954 $9,954 $45,000
2015 $1,912 $54,829 $12,600 $42,229
2014 $1,884 $72,287 $14,515 $57,772
2013 $2,628 $72,287 $14,515 $57,772
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $121,000 Credit Line Revolving
Previous Owner $85,000 New Conventional
Previous Owner $116,000 Future Advance Clause Open End Mortgage
Previous Owner $5,301 Commercial
Previous Owner $57,554 Commercial
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $121,000 None Listed On Document
Warranty Deed $116,000 None Listed On Document
Warranty Deed $116,000 None Available
Special Warranty Deed $65,500 None Available
Source: Public Records

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Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2408263

Cedar Rapids Area Association of REALTORS®

APN: 14291-79012-00000