NOT LISTED FOR SALE

Estimated Value: $175,000 - $232,000

3 Beds
2 Baths
1,482 Sq Ft
$145/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $123,000 $83 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,444/month

63 Days on Market

Highlights

  • Forced Air Cooling System
  • City High School Rated A-
  • 2 Car Garage

About This Home

As of May 2014

*INCLUDES 513 1/2 2ND AVE, IOWA CITY. GAS AND WATER BILLS ARE SENT TO THE PROPERTY MANAGER AND THEN SPLIT AND MAILED TO THE TENANTS FOR PAYMENT.

Last Agent to Sell the Property

Lee Huedepohl

Keller Williams Legacy Group Listed on: 03/14/2014

Keller Williams Legacy Group

Last Buyer's Agent

Jill Armstrong

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,475

Year Built

  • 1960

Parking

  • 2 Car Garage

Home Design

  • 1,482 Sq Ft Home
  • Frame Construction
  • Aluminum Siding

Utilities

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

Additional Features

  • Laundry in unit
  • Lot Dimensions are 60 x 150

Community Details

  • Gross Income $1,285
  • Net Operating Income $1,142

Listing and Financial Details

  • Tenant pays for electricity, gas, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,475

Year Built

1960

Lot Details

0

Listing Details

  • City Name: Iowa City
  • Expense Info: Owner Provided
  • Gross Tax: 2475
  • List User Cell Phone: 319-325-7222
  • Miscellaneous: Basement, Garage, Parking Spaces, Rent Permit, Sep. Meter – Electric, Ten Storag, Unit Laundry
  • Net Tax: 2476
  • Noof Units One Bedroom: 1
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.88489
  • Ratio Close Price By Original Li: 0.88489
  • Ratio Current Price By Sq Ft: 83.00
  • Total Sq Ft: 1482
  • Style St: Upper/Lower
  • Tax Roll Number: 1014110001
  • Tenants Responsibilities Include: Electricity, Gas, Water
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

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

Schools

  • Elementary School: Hoover
  • Middle School: Southeast
  • High School: City

Lot Info

  • Lot Size: 60 X 150

Rental Info

  • Total Expenses: 143

Multi Family

  • Gross Income: 1285
  • Net Operating Income: 1142.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2019
Sold by
Next Level Real Estate Llc
Bought by
Jensen David L and Jensen Bryan J
Current Estimated Value
$214,955

Purchase Details

Listed on
Mar 14, 2014
Closed on
May 16, 2014
Sold by
Sawada Ryoichiro and Sawada Janine Tasca Anderson
Bought by
Next Level Real Estate Llc
Seller's Agent
Lee Huedepohl
Keller Williams Legacy Group
Buyer's Agent
Jill Armstrong
SKOGMAN REALTY
List Price
$139,000
Sold Price
$123,000
Premium/Discount to List
-$16,000
-11.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%
Original Mortgage
$123,000
Interest Rate
4.34%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 1, 2008
Sold by
Goldberg Charles M and Goldberg Jeanne M
Bought by
Sawada Janine Tasca Anderson and Sawada Ryoichiro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.5%
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
Jensen David L $160,000 None Available
Next Level Real Estate Llc $123,000 None Available
Sawada Janine Tasca Anderson $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Next Level Real Estate Llc $800,000
Previous Owner Next Level Real Estate Llc $123,000
Previous Owner Sawada Janine Tasca Anderson $117,000
Previous Owner Goldberg Charles $109,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2014 05/16/14 Sold $123,000 -11.5% $83 / Sq Ft
05/16/2014 05/16/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $139,000 -- $94 / 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
2024 $3,296 $175,190 $47,440 $127,750
2023 $3,102 $175,190 $47,440 $127,750
2022 $2,964 $143,150 $44,650 $98,500
2021 $2,956 $143,150 $44,650 $98,500
2020 $2,956 $136,720 $41,860 $94,860
2019 $2,760 $136,720 $41,860 $94,860
2018 $2,760 $125,600 $39,070 $86,530
2017 $2,730 $125,600 $39,070 $86,530
2016 $2,678 $124,210 $39,070 $85,140
2015 $2,678 $124,210 $39,070 $85,140
2014 $2,624 $121,290 $39,070 $82,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1401590

Cedar Rapids Area Association of REALTORS®

APN: 1014110001