NOT LISTED FOR SALE

612 Rebecca St North Liberty, IA 52317

Estimated Value: $252,000 - $288,000

3 Beds
2 Baths
3,080 Sq Ft
$87/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $388,000 $126 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $1,757/month

22 Days on Market

Highlights

  • Deck
  • Forced Air Cooling System
  • Fenced
  • North Central Junior High School Rated A-
  • Garage

About This Home

As of March 2020

oth units have been completely renovated/updated: new flooring throughout, new interior paint, almost all new
light fixtures and ceiling fans, lots of new windows, new patio doors, new fireplace insert in 612, new blinds, new
front doors, new kitchen appliances in 612 (kitchen appliances replaced within last 5-6 years in 610), main level
bathroom completely remodeled in 612, new water heaters, and roof installed in Fall 2019. These are truly move-in
ready properties! Currently vacant because of the renovations that were done, but excellent rental history for the
6-7 years that the owners have had the property. Rent has been around $1400-1500/month. Fills a great need for
affordable family rental housing in the area. Each unit is 3BR, 2BA, 2-car garage, 1540 SF, with washer/dryer in each
unit.

Last Agent to Sell the Property

Shaner Magalhaes

Urban Acres Real Estate Corridor Listed on: 03/05/2020

Urban Acres Real Estate Corridor

Last Buyer's Agent

Kari Juhl

LEPIC-KROEGER CORRIDOR, REALTORS

LEPIC-KROEGER CORRIDOR, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,070

Year Built

  • 2002

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 110 x 140
  • Fenced

Parking

  • Garage

Home Design

  • 3,080 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Additional Features

  • Laundry in unit
  • Deck

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,070

Year Built

2002

Lot Details

0

Listing Details

  • Acres: 0.3200
  • City Name: North Liberty
  • Gross Tax: 6070
  • Last City Inspection: 2/27/20
  • List User Cell Phone: 319-621-8677
  • Miscellaneous: Deck/Patio, Fencing, Garage, Rent Permit, Unit Laundry
  • Net Tax: 6070
  • Noof Units Three Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 1.00258
  • Ratio Close Price By Original Li: 1.00258
  • Ratio Current Price By Sq Ft: 125.97
  • Total Sq Ft: 3080
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2002

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Vinyl

Utilities

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

Schools

  • Elementary School: Garner
  • Middle School: North Central
  • High School: Liberty

Lot Info

  • Lot Size: 110 X 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Mar 24, 2020
Sold by
Robillard Properties Llc
Bought by
Acr Investment Properties Llc
Seller's Agent
Shaner Magalhaes
Urban Acres Real Estate Corridor
Buyer's Agent
Kari Juhl
LEPIC-KROEGER CORRIDOR, REALTORS
List Price
$387,000
Sold Price
$388,000
Premium/Discount to List
$1,000
0.26%
Current Estimated Value
$269,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$119,000
Avg. Annual Appreciation
-6.51%
Original Mortgage
$925,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2013
Sold by
Jacobsen Michael John and Jacobsen Michael J
Bought by
Robillard Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 17, 2011
Sold by
Jacobsen Victoria Marie
Bought by
Jacobsen Michael John

Purchase Details

Closed on
Oct 10, 2008
Sold by
Leckliter Seth T and Leckliter Jeni L
Bought by
Jacobsen Michael J and Benz Victoria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,498
Interest Rate
6.41%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 2006
Sold by
Wulfekuhle Ronald J and Wulfekuhle Arlene
Bought by
Wulfekuhle Jeni L and Leckliter Seth T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,720
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2006
Sold by
Streb and Streb
Bought by
Leckliter Seth L and Wulfekuhle Jeni L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,720
Interest Rate
6.77%
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
Acr Investment Properties Llc $388,000 None Listed On Document
Robillard Properties Llc $150,000 None Available
Jacobsen Michael John -- None Available
Jacobsen Michael J $146,000 None Available
Wulfekuhle Jeni L $142,000 None Available
Leckliter Seth L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acr Property Investments Llc $925,000
Previous Owner Acr Investment Properties Llc $925,000
Previous Owner Robillard Properties Llc $120,000
Previous Owner Jacobsen Michael $119,200
Previous Owner Jacobsen Michael $22,350
Previous Owner Jacobsen Michael J $144,498
Previous Owner Leckliter Jeni L $10,000
Previous Owner Wulfekuhle Jeni L $15,720
Previous Owner Wulfekuhle Ron $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2020 03/27/20 Sold $388,000 +0.3% $126 / Sq Ft
03/05/2020 03/05/20 For Sale $387,000 -- $126 / 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 $3,636 $216,100 $42,300 $173,800
2023 $3,678 $216,100 $42,300 $173,800
2022 $3,488 $189,600 $21,200 $168,400
2021 $3,334 $189,600 $21,200 $168,400
2020 $3,334 $172,800 $21,200 $151,600
2019 $3,014 $172,800 $21,200 $151,600
2018 $2,958 $156,300 $21,200 $135,100
2017 $2,884 $156,300 $21,200 $135,100
2016 $2,808 $151,800 $21,200 $130,600
2015 $2,808 $151,800 $21,200 $130,600
2014 $2,854 $153,800 $21,200 $132,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2001670

Cedar Rapids Area Association of REALTORS®

APN: 0613407006