NOT LISTED FOR SALE

640 16th Ave SW Cedar Rapids, IA 52404

Taylor Neighborhood
-- Bed
-- Bath
10,710 Sq Ft
0.39 Acres

Last Sold September 30, 2015

Last sale price $324,000 $30 Per Sq Ft

58 Days on Market

Highlights

  • 0.39 Acre Lot
  • Deck
  • Hot Water Heating System

About This Home

As of September 2015

18 ONE BEDROOMS IN A HIGHLY VISABLE LOCATION. CURRENT RENTS PER SQUARE FOOT SUGGEST A $10 TO $15/MO INCREASE. SALE AT LIST PRICE COULD LOWER RE TAXES. CALL LA FOR PROSPECTS. BACK ON THE MARKET - PREVIOUS PRICE WAS $360,000.

Last Listed By

Bob Wilkes

SKOGMAN REALTY COMMERCIAL Listed on: 06/10/2015

SKOGMAN REALTY COMMERCIAL

Property Details

Home Type

  • Multi-Family

Year Built

  • 1973

Lot Details

  • 0.39

Home Design

  • 10,710 Sq Ft Home
  • Brick Exterior Construction
  • Frame Construction

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Separate Meters

Additional Features

  • Deck
  • 0.39 Acre Lot

Community Details

  • Gross Income $82,800
  • Net Operating Income $37,778

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, gas

Property Details

Home Type

Multi-Family

Year Built

1973

Lot Details

0

Listing Details

  • Acres: 0.3900
  • City Name: Cedar Rapids
  • Expense Info: Owner Provided, Tax Return Available
  • Gross Tax: 15868
  • Miscellaneous: Common Laundry-Leased, Deck/Patio, Parking Spaces, Sep. Meter – Electric
  • Net Tax: 15868
  • Noof Units One Bedroom: 18
  • Property Sub Types: 5+ Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.90000
  • Ratio Current Price By Sq Ft: 30.25
  • Total Sq Ft: 10710
  • Style St: Flat/Apartment
  • Taxable Value Tv: 402100.00
  • Tax Roll Number: 143210401600000
  • Tenants Responsibilities Include: Electricity
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1973

Exterior Features

  • Construction Methods: Frame
  • Exterior: Brick

Utilities

  • Heating Cooling: Hot Water Heat, Window/Wall Air

Schools

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

Lot Info

  • Lot Size: 16800

Rental Info

  • Owner Pays: Water, Gas
  • Total Expenses: 45022

Multi Family

  • Gross Income: 82800
  • Net Operating Income: 37778.00

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
09/30/2015 09/30/15 Sold $324,000 -10.0% $30 / Sq Ft
08/07/2015 08/07/15 Pending -- -- --
06/10/2015 06/10/15 For Sale $360,000 -- $34 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Bob Wilkes

    SKOGMAN REALTY COMMERCIAL

    (319) 540-1178

    2 Total Sales

    Bob Wilkes
    Section Image
  • Mike Shaffer

    Seller Co-Listing Agent in 2015

    Mike Shaffer

    SKOGMAN REALTY COMMERCIAL

    (319) 366-6427

    29 Total Sales

    Mike Shaffer
    Section Image

  • D

    Buyer's Agent in 2015

    Dan Wilkes

    SKOGMAN REALTY

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1504719

Cedar Rapids Area Association of REALTORS®

Iowa Linn County Cedar Rapids 52404 Taylor

640 16th Ave SW, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 640 16th Ave SW, Cedar Rapids, IA 52404 since 10 June 2015. This property was built in 1973. 640 16th 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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