NOT LISTED FOR SALE

612 4th Ave SW Cedar Rapids, IA 52404

Taylor Neighborhood

Estimated Value: $95,000 - $123,964

4 Beds
2 Baths
1,372 Sq Ft
$83/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $118,950 $87 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $724/month

6 Days on Market

About This Home

As of May 2024

This Duplex (2Bedroom each) is a gem, perfectly located near 1st AV SW! Main level unit is two bedroom with private basement access with washer and dryer hookups. Seller only pays lawn care/snow removal. Tenants are responsible for all other utilities that include water/garbage and electricity (all separately metered-no gas). Landlord only responsible for exterior lawn & snow removal. New roof, siding, newer windows, updated electrical panel. These rentals can be converted back to a single family home. Paved alley with extra parking in rear. Fully leased at $1,450 per month (Lower:$800 & Upper: $650). Lower unit has long term tenant and will need 48 hour notice to show (earlier upon request).

Last Agent to Sell the Property

Cindy Guckenberger

Key Realty Listed on: 04/12/2024

Last Buyer's Agent

Patrick Donohoe

Realty87

Realty87

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,488

Year Built

  • 1940

Lot Details

  • 4,487

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,372 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Utilities

  • Heating Available
  • Separate Meters

Additional Features

  • Shed
  • 4,487 Sq Ft Lot

Community Details

  • Gross Income $1,450

Listing and Financial Details

  • Tenant pays for water, electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,488

Year Built

1940

Lot Details

0

Listing Details

  • Acres: 0.1030
  • City Name: Cedar Rapids
  • Gross Tax: 1488
  • List User Cell Phone: 319-210-3533
  • Miscellaneous: Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water, Shed, Unit Laundry
  • Net Tax: 1301
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.95198
  • Ratio Close Price By Original Li: 0.95198
  • Ratio Current Price By Sq Ft: 86.70
  • Total Sq Ft: 1372
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Water, Electricity
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Basement: Full

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

  • Heating Cooling: Electricity Heat

Schools

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

Lot Info

  • Lot Size: 4480

Multi Family

  • Gross Income: 1450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
May 16, 2024
Sold by
Jjba Properties Llc
Bought by
Mehmen Erick
Seller's Agent
Cindy Guckenberger
Key Realty
Buyer's Agent
Patrick Donohoe
Realty87
List Price
$124,950
Sold Price
$118,950
Premium/Discount to List
-$6,000
-4.8%
Views
20
Current Estimated Value
$113,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,295
Avg. Annual Appreciation
-3.34%
Original Mortgage
$89,000
Outstanding Balance
$87,803
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$25,852

Purchase Details

Listed on
Jun 26, 2018
Closed on
Sep 14, 2018
Sold by
Arthur James L and Arthur Jessica M
Bought by
Jjba Properties Llc
Seller's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$79,950
Sold Price
$79,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%

Purchase Details

Listed on
Jun 26, 2018
Closed on
Jul 25, 2018
Sold by
Davies Dan E and Davies Theresa K
Bought by
Arthur James L and Arthur Jessica M
Seller's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$79,950
Sold Price
$79,950

Purchase Details

Closed on
Sep 12, 2009
Sold by
Childers Donivan Leroy and Childers Helen Maxine
Bought by
Davies Dan E and Davies Theresa K

Purchase Details

Closed on
Jun 14, 2005
Sold by
Childers Donivan Leroy and Childers Helen Maxine
Bought by
Davies Dan E and Davies Theresa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 20, 2002
Sold by
Childers Donivan and Childers Helen M
Bought by
Childers Donivan Leroy and Childers Helen Maxine
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
Mehmen Erick $119,000 None Listed On Document
Jjba Properties Llc -- None Available
Arthur James L $80,000 None Available
Davies Dan E $51,500 None Available
Davies Dan E $52,000 None Available
Childers Donivan Leroy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehmen Erick $89,000
Previous Owner Davies Dan E $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $118,950 0.0% $87 / Sq Ft
05/24/2024 05/24/24 Sold $118,950 -4.8% $87 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
04/18/2024 04/18/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $124,950 0.0% $91 / Sq Ft
04/11/2024 04/11/24 For Sale $124,950 +56.3% $91 / Sq Ft
07/27/2018 07/27/18 Sold $79,950 0.0% $58 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $79,950 -- $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
2025 $1,490 $105,200 $22,400 $82,800
2024 $1,580 $83,200 $22,400 $60,800
2023 $1,580 $84,200 $16,000 $68,200
2022 $1,438 $74,900 $16,000 $58,900
2021 $1,348 $69,400 $16,000 $53,400
2020 $1,348 $61,100 $11,200 $49,900
2019 $1,038 $48,200 $9,600 $38,600
2018 $1,010 $48,200 $9,600 $38,600
2017 $1,050 $48,200 $9,600 $38,600
2016 $1,024 $48,200 $9,600 $38,600
2015 $992 $46,583 $9,600 $36,983
2014 $1,022 $46,583 $9,600 $36,983
2013 $1,006 $46,583 $9,600 $36,983
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Cindy Guckenberger

    Key Realty

    (319) 210-3533

    3 in this area

    32 Total Sales

    Cindy Guckenberger
    Section Image
  • Patrick Donohoe

    Buyer's Agent in 2024

    Patrick Donohoe

    Realty87

    (319) 560-7898

    5 in this area

    88 Total Sales

    Patrick Donohoe
    Section Image

  • G

    Seller's Agent in 2018

    Graf Home Selling Team

    GRAF HOME SELLING TEAM & ASSOCIATES

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2402493

Cedar Rapids Area Association of REALTORS®

APN: 14291-86015-00000

Iowa Linn County Cedar Rapids 52404 Taylor

612 4th Ave SW, Cedar Rapids, IA

This home is located at 612 4th Ave SW, Cedar Rapids, IA 52404 since 12 April 2024 and is currently estimated at $113,655, approximately $82 per square foot. This property was built in 1940. 612 4th Ave SW is a home located in Linn County with nearby schools including Cedar River Academy at Taylor Elementary School, Wilson Middle School, and Thomas Jefferson 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.

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