NOT LISTED FOR SALE

627 22nd Ave SW Cedar Rapids, IA 52404

Southwest Area Neighborhood

Estimated Value: $176,000 - $195,515

5 Beds
2 Baths
-- Sq Ft
5,184 Sq Ft Lot

Last Sold October 11, 2024

Last sale price $185,000

Est. 1% increase in value since last sale

Current estimated payment $1,205/month

21 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Garage
  • Junction City Elementary School Rated A

About This Home

As of October 2024

Great opportunity to own a upper/lower duplex in great shape!! Tenants pay all utilities! Both units have a forced air furnace. Current rents are $900 per unit. Live in one and let the other help pay your mortgage!! Both units are occupied. Must have 24 hour notice to show. Tenants rights.

Last Agent to Sell the Property

Mike Selling Team

GRAF REAL ESTATE, ERA POWERED Listed on: 09/18/2024

Last Buyer's Agent

Larry Moser

Realty87

Realty87

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,607

Year Built

  • Built in 1977

Lot Details

  • 5,184 Sq Ft Lot
  • Lot Dimensions are 40 x 129

Parking

  • Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Schools

  • Grant Elementary School
  • Wilson Middle School
  • Jefferson High School

Utilities

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

Additional Features

  • Laundry in unit
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 143218500600000

Community Details

Overview

  • 2 Units

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,607

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Multi Family
  • ResoLaundryFeatures: In Unit
  • Lot Size Acres: 0.119
  • Reso Pets Allowed: No
  • Co List Office Phone: 319-826-1861
  • MLS Status: Closed
  • Directions: W on Wilson Ave to 8th St SW, Rt on 22nd Ave SW
  • Year Built: 1977
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Type: Frame, Vinyl Siding

Garage/Parking

  • Attached Garage: Yes
  • Total Parking Spaces: 2.0

Utilities

  • Utilities: Separate Meters
  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Grant
  • High School: Jefferson
  • Middle Or Junior School: Wilson

Lot Info

  • Lot Dimensions: 40 X 129
  • ResoLotSizeUnits: Acres
  • Parcel Number: 143218500600000
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Tenant Pays: Electricity, Gas, Water

Tax Info

  • Tax Annual Amount: 2607.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Oct 10, 2024
Sold by
Mason Kenneth L
Bought by
Poole David J and Poole Susan
Seller's Agent
Mike Selling Team
GRAF REAL ESTATE, ERA POWERED
Buyer's Agent
Larry Moser
Realty87
List Price
$199,950
Sold Price
$185,000
Premium/Discount to List
-$14,950
-7.48%
Views
14
Current Estimated Value
$187,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,505
Avg. Annual Appreciation
1.19%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Poole David J $185,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2024 10/11/24 Sold $185,000 -7.5% --
10/09/2024 10/09/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $199,950 -- --
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 $2,606 $192,900 $21,600 $171,300
2024 $2,770 $147,300 $19,600 $127,700
2023 $2,770 $147,300 $19,600 $127,700
2022 $2,510 $131,300 $17,600 $113,700
2021 $2,508 $121,200 $17,600 $103,600
2020 $2,508 $113,700 $16,700 $97,000
2019 $2,286 $106,100 $16,700 $89,400
2018 $2,224 $106,100 $16,700 $89,400
2017 $2,178 $100,000 $16,700 $83,300
2016 $2,126 $100,000 $16,700 $83,300
2015 $2,182 $102,512 $16,660 $85,852
2014 $2,182 $102,512 $16,660 $85,852
2013 $1,067 $102,512 $16,660 $85,852
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mike Selling Team

    GRAF REAL ESTATE, ERA POWERED

    (319) 981-3702

    35 in this area

    696 Total Sales

    Mike Selling Team
    Section Image

  • L

    Buyer's Agent in 2024

    Larry Moser

    Realty87

    (319) 777-8193

    1 in this area

    25 Total Sales

    Larry Moser
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2406523

Cedar Rapids Area Association of REALTORS®

APN: 14321-85006-00000

Iowa Linn County Cedar Rapids 52404 Southwest Area

627 22nd Ave SW, Cedar Rapids, IA

Not Listed for Sale

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