Seller's Agent in 2020
Lisa Vecerka
Realty87
(319) 533-8336
2 in this area
37 Total Sales
517 9th St SW Cedar Rapids, IA 52404
Taylor NeighborhoodEstimated Value: $111,169 - $123,000
3
Beds
2
Baths
1,532
Sq Ft
$77/Sq Ft
Est. Value
Highlights
- Deck
- Forced Air Cooling System
- 5-minute walk to Krebs Park
- Junction City Elementary School Rated A
- 5 Car Garage
About This Home
As of September 2020Excellent opportunity for the savvy buyer. Live in the Lower level and collect rent from the upper level tenant. All appliances included. Detached garage and nice yard. Easy access to interstate and downtown activities.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,718
Year Built
- 1900
Lot Details
- 7,710 Sq Ft Lot
- Lot Dimensions are 55 x 140
Parking
- 5 Car Garage
Home Design
- 1,532 Sq Ft Home
- Frame Construction
- Slate
Utilities
- Forced Air Cooling System
- Cooling System Mounted To A Wall/Window
- Heating System Uses Gas
- Separate Meters
Additional Features
- Laundry in unit
- Deck
Community Details
- Gross Income $12,000
- Net Operating Income $9,353
Listing and Financial Details
- Tenant pays for water, electricity, gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2020
Closed on
Sep 28, 2020
Sold by
Wendling Brian J and Wendling Sarah R
Bought by
Nelson Properties & Mgmt Llc
Seller's Agent
Lisa Vecerka
Realty87
Buyer's Agent
Rachael Ray
SKOGMAN REALTY
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,056
Avg. Annual Appreciation
5.39%
Original Mortgage
$72,000
Outstanding Balance
$61,584
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$56,472
Purchase Details
Listed on
Apr 11, 2013
Closed on
Jun 7, 2013
Sold by
P & J Management Lc
Bought by
Wendling Brian J and Wendling Sarah R
Seller's Agent
Jim Burger
Realty87
Buyer's Agent
Lisa Vecerka
Realty87
List Price
$66,900
Sold Price
$66,000
Premium/Discount to List
-$900
-1.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
Original Mortgage
$70,600
Interest Rate
3.38%
Mortgage Type
Commercial
Purchase Details
Closed on
May 20, 2009
Sold by
Danford Duane and Danford Mary Anne
Bought by
P & J Management Lc
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nelson Properties & Mgmt Llc | $90,000 | None Available | |
| Nelson Properties & Mgmt Llc | $143,200 | Jensen Jasc H | |
| Wendling Brian J | $66,000 | None Available | |
| P & J Management Lc | $9,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nelson Properties & Mgmt Llc | $72,000 | |
| Closed | Nelson Properties & Mgmt Llc | $72,000 | |
| Previous Owner | Wendling Brian J | $70,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/30/2020 09/30/20 | Sold | $90,000 | -5.3% | $59 / Sq Ft | |
| 09/25/2020 09/25/20 | Pending | -- | -- | -- | |
| 08/26/2020 08/26/20 | For Sale | $95,000 | 0.0% | $62 / Sq Ft | |
| 07/27/2020 07/27/20 | Pending | -- | -- | -- | |
| 07/21/2020 07/21/20 | For Sale | $95,000 | +43.9% | $62 / Sq Ft | |
| 06/07/2013 06/07/13 | Sold | $66,000 | -1.3% | $43 / Sq Ft | View Prior Sale |
| 05/08/2013 05/08/13 | Pending | -- | -- | -- | |
| 04/11/2013 04/11/13 | For Sale | $66,900 | -- | $44 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 | $1,872 | $123,400 | $30,700 | $92,700 |
| 2024 | $631 | $105,800 | $27,000 | $78,800 |
| 2023 | $631 | $105,800 | $27,000 | $78,800 |
| 2022 | $1,916 | $101,400 | $23,300 | $78,100 |
| 2021 | $1,810 | $92,500 | $23,300 | $69,200 |
| 2020 | $1,810 | $82,000 | $18,400 | $63,600 |
| 2019 | $1,718 | $82,000 | $18,400 | $63,600 |
| 2018 | $1,670 | $79,700 | $18,400 | $61,300 |
| 2017 | $1,880 | $86,300 | $18,400 | $67,900 |
| 2016 | $1,794 | $84,400 | $18,400 | $66,000 |
| 2015 | $1,888 | $88,771 | $18,408 | $70,363 |
| 2014 | $1,888 | $93,226 | $17,531 | $75,695 |
| 2013 | $1,942 | $93,226 | $17,531 | $75,695 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Vecerka
-
Rachael Ray
Buyer's Agent in 2020
Rachael Ray
SKOGMAN REALTY
(319) 270-3104
5 in this area
183 Total Sales
-
J
Seller's Agent in 2013
Jim Burger
Realty87
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2005378
APN: 14294-02008-00000
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