NOT LISTED FOR SALE

Estimated Value: $109,000 - $121,000

3 Beds
2 Baths
1,400 Sq Ft
$83/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $120,000 $86 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $741/month

17 Days on Market

About This Home

As of May 2024

"HARD TO FIND CASH-FLOWING DUPLEX. Currently occupied bringing in $1475/month! This owner has fully updated this easy to fill duplex. See attached fact sheet with all the wonderful upgrades and information on this property. Please respect current tenants and book through showing time~36 Hour Notice Needed for Showings

Last Agent to Sell the Property

Jeremy Trenkamp

COLDWELL BANKER HEDGES CORRIDOR Listed on: 03/08/2024

COLDWELL BANKER HEDGES CORRIDOR

Last Buyer's Agent

Jenna Burt

Keller Williams Legacy Group

Keller Williams Legacy Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,468

Year Built

  • 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 30 x 140

Parking

  • 3 Parking Spaces

Home Design

  • 1,400 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Basement

  • Block Basement Construction
  • Crawl Space

Utilities

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

Community Details

  • Pets Allowed

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,468

Year Built

1900

Lot Details

0

Listing Details

  • Acres: 0.1000
  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 1468
  • List User Cell Phone: 319-270-1323
  • Miscellaneous: Sep. Meter – Electric
  • Net Tax: 1468
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.92379
  • Ratio Close Price By Original Li: 0.88955
  • Ratio Current Price By Sq Ft: 85.71
  • Total Sq Ft: 1400
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Basement: Block, Crawl

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

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

Schools

  • Elementary School: Taylor
  • Middle School: Roosevelt
  • High School: Jefferson

Lot Info

  • Lot Size: 30 X 140

Rental Info

  • Owner Pays: Water
  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
May 3, 2024
Sold by
Weirather Ethan W
Bought by
Corcoran-Sipe Kegan
Seller's Agent
Jeremy Trenkamp
COLDWELL BANKER HEDGES CORRIDOR
Buyer's Agent
Jenna Burt
Keller Williams Legacy Group
List Price
$134,900
Sold Price
$120,000
Premium/Discount to List
-$14,900
-11.05%
Total Days on Market
17
Views
38
Current Estimated Value
$116,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,468
Avg. Annual Appreciation
-2.63%
Original Mortgage
$102,000
Outstanding Balance
$73,026
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$43,506

Purchase Details

Listed on
Oct 10, 2023
Closed on
Nov 9, 2023
Sold by
Bowdish Nathaniel Arthur and Bowdish Unyime
Bought by
Weirather Ethan W
Seller's Agent
Lucas Burrington
Burrington Real Estate
Buyer's Agent
Lucas Burrington
Burrington Real Estate
List Price
$95,000
Sold Price
$98,000
Premium/Discount to List
$3,000
3.16%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.18%
Original Mortgage
$96,224
Interest Rate
7.31%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 7, 2022
Closed on
May 12, 2022
Sold by
Schliemann Mark J and Schliemann Lynn M
Bought by
Bowdish Nathaniel Arthur
Seller's Agent
Jeremy Trenkamp
COLDWELL BANKER HEDGES CORRIDOR
Buyer's Agent
Jeremy Trenkamp
COLDWELL BANKER HEDGES CORRIDOR
List Price
$78,500
Sold Price
$78,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.06%
Original Mortgage
$58,875
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2011
Sold by
Bevins Edward C and Strellner Ilene J
Bought by
Schliemann Mark J and Schliemann Lynn M
Source: Public Records

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Range of Values:

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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
Corcoran-Sipe Kegan $120,000 None Listed On Document
Weirather Ethan W $98,000 Security First Title
Bowdish Nathaniel Arthur $78,500 Nazette Marner Nathanson Shea
Schliemann Mark J $22,000 None Available
Bevins Edward C $58,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corcoran-Sipe Kegan $102,000
Previous Owner Weirather Ethan W $96,224
Previous Owner Bowdish Nathaniel Arthur $58,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $120,000 -7.6% $86 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/21/2024 03/21/24 Price Changed $129,900 -3.7% $93 / Sq Ft
03/08/2024 03/08/24 For Sale $134,900 +37.7% $96 / Sq Ft
11/09/2023 11/09/23 Sold $98,000 +3.2% $72 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $95,000 +21.0% $70 / Sq Ft
05/13/2022 05/13/22 Sold $78,500 0.0% $58 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $78,500 -- $58 / 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 $1,468 $77,200 $17,300 $59,900
2022 $1,362 $69,600 $15,000 $54,600
2021 $1,188 $65,700 $15,000 $50,700
2020 $1,188 $53,800 $11,800 $42,000
2019 $1,128 $52,300 $11,800 $40,500
2018 $1,096 $52,300 $11,800 $40,500
2017 $1,096 $47,600 $11,800 $35,800
2016 $1,162 $54,700 $11,800 $42,900
2015 $1,230 $57,830 $11,813 $46,017
2014 $1,230 $61,426 $11,250 $50,176
2013 $1,280 $61,426 $11,250 $50,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2401527

Cedar Rapids Area Association of REALTORS®

APN: 14294-02011-00000