B
Seller's Agent in 2015
Bob Wilkes
SKOGMAN REALTY COMMERCIAL
(319) 540-1178
2 Total Sales
640 16th Ave SW Cedar Rapids, IA 52404
Taylor Neighborhood
--
Bed
--
Bath
10,710
Sq Ft
0.39
Acre Lot
Highlights
- 0.39 Acre Lot
- Deck
- Hot Water Heating System
About This Home
As of September 201518 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 Buyer's Agent
Dan Wilkes
SKOGMAN REALTY
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
- 16,988 Sq Ft 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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 28, 2025
Sold by
Bought by
Purchase Details
Closed on
Jul 15, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
0.0509%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 10, 2015
Closed on
Sep 30, 2015
Sold by
Bought by
Seller's Agent
Bob Wilkes
SKOGMAN REALTY COMMERCIAL
Buyer's Agent
Dan Wilkes
SKOGMAN REALTY
List Price
$360,000
Sold Price
$324,000
Premium/Discount to List
-$36,000
-10%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,200
Interest Rate
0.0391%
Mortgage Type
Future Advance Clause Open End Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $122,500 | None Listed On Document | ||
| $640,000 | None Listed On Document | ||
| $324,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $620,000 | ||
| Closed | $259,200 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $9,586 | $573,900 | $42,000 | $531,900 |
| 2024 | $9,418 | $541,700 | $42,000 | $499,700 |
| 2023 | $9,418 | $541,700 | $42,000 | $499,700 |
| 2022 | $10,894 | $446,500 | $42,000 | $404,500 |
| 2021 | $8,916 | $446,500 | $42,000 | $404,500 |
| 2020 | $8,916 | $337,700 | $33,600 | $304,100 |
| 2019 | $9,146 | $322,000 | $33,600 | $288,400 |
| 2018 | $9,556 | $322,000 | $33,600 | $288,400 |
| 2017 | $10,264 | $325,300 | $33,600 | $291,700 |
| 2016 | $13,252 | $402,100 | $33,600 | $368,500 |
| 2015 | $14,994 | $436,383 | $33,600 | $402,783 |
| 2014 | $14,994 | $436,383 | $33,600 | $402,783 |
| 2013 | $15,868 | $436,383 | $33,600 | $402,783 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Wilkes
-
Mike Shaffer
Seller Co-Listing Agent in 2015
Mike Shaffer
SKOGMAN REALTY COMMERCIAL
(319) 366-6427
24 Total Sales
-
D
Buyer's Agent in 2015
Dan Wilkes
SKOGMAN REALTY
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1504719
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.
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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