NOT LISTED FOR SALE

620 Church St Fairfax, IA 52228

-- Bed
3 Baths
9,152 Sq Ft
0.83 Acres

Last Sold October 26, 2021

Last sale price $920,000 $101 Per Sq Ft

4 Days on Market

Highlights

  • 0.83 Acre Lot
  • Deck
  • Central Air
  • Prairie Ridge Elementary School Rated A-

About This Home

As of October 2021

*SALE PENDING* THIS RENOVATED SCHOOL IN FAIRFAX WAS TRANSFORMED WITH A MIX OF INDUSTRIAL AND MODERN ACCENTS INTO 6 MODERN APARTMENTS. UPDATES INCLUDE DAVIDSON AND SON MILL WORK AND CABINETRY, SOLID WOOD DOVETAIL DRAWERS, BACK SPLASH TILING, WHIRLPOOL STAINLESS APPLIANCES, LOCAL BARN BEAMS, BARN STYLE AND STEEL DECOR DOORS. THERE ARE INDUSTRIAL AND RESTORED ANTIQUE LIGHTING, REFINISHED FLOORS, ANTIQUE STREET LIGHTS. SPACIOUS OFF STREET PARKING LOT. THERE IS A COMMON GARDEN AREA, PATIO, GAS FIREPLACE, GRILL, AND SEATING AREA. 2020 COMMERCIAL RUBBER ROOF REPLACED. 2015 UPDATES INCLUDE: WATER MAIN, WINDOWS, SPRINKLER SYSTEM, ELECTRICAL, PLUMBING, FURNACE AND CENTRAL AIR UNITS. ALL FIREPLACES UPDATED IN 2016, SEPARATE LAUNDRY HOOK UPS IN EACH UNIT. HIGH DEMAND COLLEGE COMMUNITY SCHOOL DISTRICT, ACROSS THE STREET FROM FAIRFAX PARK. MINUTES FROM METRO CEDAR RAPIDS. EXPENSE REPORT, RENT ROLL, AND NOI AVAILABLE. *SITE PLAN SHOWS AVAILABILITY FOR 5 GARAGE STALLS, INCREASING NET INCOME (SEE ZONING TO VERIFY DETAILS). UNIT 1 $1,250, UNIT 2 $1,150, UNIT 3, 4, 5 AND 6 $1,250. OWNER OCCUPIED, WOULD SIGN A YEAR LEASE OR VACATE PRIOR TO CLOSING.

Last Agent to Sell the Property

Heather Morris

SKOGMAN REALTY Listed on: 08/27/2021

SKOGMAN REALTY

Last Buyer's Agent

Josie Ashmore

Fathom Realty

Fathom Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,497

Year Built

  • 1915

Lot Details

  • 0.83 Acre Lot
  • Sprinkler System

Home Design

  • 9,152 Sq Ft Home
  • Brick Exterior Construction
  • Frame Construction

Utilities

  • Central Air
  • Heating System Uses Gas
  • Separate Meters

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

$9,497

Year Built

1915

Lot Details

0

Listing Details

  • Acres: 0.8300
  • City Name: Fairfax
  • Expense Info: Owner Provided
  • Gross Tax: 9497
  • List User Cell Phone: 319-350-7653
  • Miscellaneous: Deck/Patio, Parking Spaces, Rent Permit, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water, Sprinkler, Unit Laundry
  • Net Tax: 9497
  • Noof Units Two Bedroom: 6
  • Property Sub Types: 5+ Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.96842
  • Ratio Close Price By Original Li: 0.96842
  • Ratio Current Price By Sq Ft: 100.52
  • Total Sq Ft: 9152
  • Style St: Flat/Apartment
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: MultiRes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1915

Exterior Features

  • Construction Methods: Frame
  • Exterior: Brick

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

  • Elementary School: College Comm
  • Middle School: College Comm
  • High School: College Comm

Lot Info

  • Lot Size: 36300

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
10/26/2021 10/26/21 Sold $920,000 -3.2% $101 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $950,000 +955.6% $104 / Sq Ft
02/13/2015 02/13/15 Sold $90,000 -10.0% $10 / Sq Ft
01/19/2015 01/19/15 Pending -- -- --
10/06/2014 10/06/14 For Sale $100,000 -- $11 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2105971

Cedar Rapids Area Association of REALTORS®