$185,000
SOLD OCT 11, 2024

627 22nd Ave SW Cedar Rapids, IA 52404

-- Bed
-- Bath
-- Sq Ft
5,184 Sq Ft Lot

Recently Sold

7% Below List Price

21 Days on Market

Highlights

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

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

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES Listed on: 09/18/2024

Last Buyer's Agent

Larry Moser

COLDWELL BANKER HEDGES

COLDWELL BANKER HEDGES

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

Basement

  • Basement Fills Entire Space Under The House

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

Community Details

  • 2 Units

Listing and Financial Details

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

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
  • Lot Size Acres: 0.119
  • 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
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Larry Moser
COLDWELL BANKER HEDGES
List Price
$199,950
Sold Price
$185,000
Premium/Discount to List
-$14,950
-7.48%
Total Days on Market
21
Views
14
Current Estimated Value
$184,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$765
Avg. Annual Appreciation
-0.61%
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 Type Sale Price Title Company
Warranty Deed $185,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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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