NOT LISTED FOR SALE

514 16th St NE Cedar Rapids, IA 52402

Mound View Neighborhood

Estimated Value: $85,042 - $101,000

3 Beds
2 Baths
1,444 Sq Ft
$66/Sq Ft Est. Value

Last Sold September 04, 2024

Last sale price $100,000 $69 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $668/month

23 Days on Market

Highlights

  • Deck
  • Forced Air Cooling System
  • 3-minute walk to Central Park

About This Home

As of September 2024

Both units have long-term renters, 24+ hours notice to show. 1st Level Efficiency $475/month, Upstairs 3-Bedroom $850/month.

Last Listed By

Jeremy Emmert

COLDWELL BANKER HEDGES Listed on: 07/12/2024

COLDWELL BANKER HEDGES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,660

Year Built

  • 1910

Lot Details

  • 2,657 Sq Ft Lot
  • Lot Dimensions are 40x66

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,444 Sq Ft Home
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Community Details

  • Gross Income $1,325
  • Net Operating Income $1,036

Listing and Financial Details

  • The owner pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,660

Year Built

1910

Lot Details

0

Listing Details

  • Acres: 0.0610
  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 1660
  • List User Cell Phone: 319-210-0630
  • Miscellaneous: Deck/Patio
  • Net Tax: 1660
  • Noof Units Efficiency: 1
  • Noof Units Three Bedroom: 1
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.98039
  • Ratio Close Price By Original Li: 0.83333
  • Ratio Current Price By Sq Ft: 69.25
  • Total Sq Ft: 1444
  • Style St: Upper/Lower
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Basement: Full

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

  • Elementary School: Trailside
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: 40x66

Rental Info

  • Owner Pays: Water, Electricity, Gas
  • Total Expenses: 289

Multi Family

  • Gross Income: 1325
  • Net Operating Income: 1036.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2016
Sold by
Sfd Llc
Bought by
Bender Lawn Care Inc
Total Days on Market
23
Current Estimated Value
$95,681

Purchase Details

Closed on
Jun 4, 2012
Sold by
The Secretary Of Hud
Bought by
Bcmt Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 26, 2011
Sold by
U S Bank Na
Bought by
Secretary Of Hud Of Washington D C

Purchase Details

Closed on
Mar 29, 2011
Sold by
Carlson Joshua P and Wagner Katherine Ann
Bought by
Us Bank Na

Purchase Details

Closed on
Mar 12, 2004
Sold by
Chahine Elias N and Chahine Elli M
Bought by
Carlson Joshua P and Carlson Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,181
Interest Rate
5.77%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 2001
Sold by
Garman Darin and Garman Gina
Bought by
Chahine Elias N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 11, 1999
Sold by
Garman Darin and Garman Gina
Bought by
Swore Scott and Swore Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
9%

Purchase Details

Closed on
Oct 27, 1999
Sold by
Junge J Jason and Junge Julie Ann
Bought by
Garman Darin R and Garman Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
9%

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
Bender Lawn Care Inc -- None Available
Bcmt Llc -- None Available
Secretary Of Hud Of Washington D C -- None Available
Us Bank Na $55,078 None Available
Carlson Joshua P $49,500 --
Chahine Elias N $35,001 --
Swore Scott $50,001 --
Garman Darin R $44,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bcmt Llc $50,160
Closed Bcmt Llc $51,000
Previous Owner Bcmt Llc $27,000
Previous Owner Carlson Joshua P $52,181
Previous Owner Chahine Elias N $35,000
Previous Owner Swore Scott $50,000
Previous Owner Garman Darin R $33,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2024 09/04/24 Sold $100,000 -2.0% $69 / Sq Ft
08/04/2024 08/04/24 Pending -- -- --
07/31/2024 07/31/24 Price Changed $102,000 -8.9% $71 / Sq Ft
07/22/2024 07/22/24 Price Changed $112,000 -6.7% $78 / Sq Ft
07/12/2024 07/12/24 For Sale $120,000 -- $83 / 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
2023 $1,660 $87,500 $14,700 $72,800
2022 $1,352 $78,700 $14,700 $64,000
2021 $1,410 $65,300 $12,100 $53,200
2020 $1,410 $63,900 $10,700 $53,200
2019 $1,148 $53,300 $10,700 $42,600
2018 $1,274 $53,300 $10,700 $42,600
2017 $980 $45,000 $10,700 $34,300
2016 $1,012 $47,600 $10,700 $36,900
2015 $1,012 $48,115 $10,720 $37,395
2014 $1,024 $50,416 $10,720 $39,696
2013 $1,050 $50,416 $10,720 $39,696
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jeremy Emmert

    COLDWELL BANKER HEDGES

    (319) 210-0630

    4 in this area

    101 Total Sales

    Jeremy Emmert
    Section Image

  • J

    Buyer's Agent in 2024

    Jack Brundell

    GLD COMMERCIAL

    (319) 432-2878

    2 in this area

    45 Total Sales

    Jack Brundell
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2404788

Cedar Rapids Area Association of REALTORS®

APN: 14153-56013-00000

Iowa Linn County Cedar Rapids 52402 Mound View

514 16th St NE, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 514 16th St NE, Cedar Rapids, IA 52402 since 12 July 2024 and is currently estimated at $95,681, approximately $66 per square foot. This property was built in 1910. 514 16th St NE is a home located in Linn County with nearby schools including Garfield Elementary School, Franklin Middle School, and George Washington High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.