NOT LISTED FOR SALE

647 16th Ave SW Cedar Rapids, IA 52404

Estimated Value: $94,989 - $128,000

3 Beds
2 Baths
1,328 Sq Ft
$81/Sq Ft Est. Value

Last Sold August 15, 2017

Last sale price $54,500 $41 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $745/month

97 Days on Market

About This Home

As of August 2017

Nicely maintained duplex with a two bedroom unit ($625/mth) located on the 2nd floor and a one bedroom unit ($525/mth) on the first floor. Separate entrances. Tenants pay electric, landlord pays heat and water. All windows updated with double pane, double hung vinyl windows. Plumbing updated with either copper or PEX. Storage and laundry in basement. Three off street parking spaces. Mailing address is 649 & 651 16th St. SW.

Last Listed By

Dan Wilkes

SKOGMAN REALTY Listed on: 03/31/2017

Home Details

Home Type

  • Single Family

Year Built

  • 1890

Lot Details

  • Lot Dimensions are 40 x 140

Home Design

  • Frame Construction

Interior Spaces

  • 1,328 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Year Built

1890

Lot Details

0

Listing Details

  • Style: 2 Stories, Free Standing
  • Above Grade Finished Sq Ft: 1328
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Gross Tax: 1403
  • List User Cell Phone: 319-491-0567
  • Net Tax: 1403
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.90985
  • Ratio Close Price By Original Li: 0.90985
  • Ratio Current Price By Sq Ft: 41.04
  • Total Sq Ft: 1328
  • Taxable Value Tv: 66000.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1890

Interior Features

  • Appliances Included: Dryer, Range, Refrigerator, Washer, Water Heater – Gas
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 2
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: Off Street Parking, On Street Parking

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 40 X 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2017
Closed on
Aug 14, 2017
Sold by
Miller James R and Miller Jennifer K
Bought by
Hernandez Gamaliel
Seller's Agent
Dan Wilkes
SKOGMAN REALTY
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$59,900
Sold Price
$54,500
Premium/Discount to List
-$5,400
-9.02%
Total Days on Market
97
Current Estimated Value
$107,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,830
Avg. Annual Appreciation
9.14%
Original Mortgage
$46,300
Interest Rate
3.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 30, 1998
Sold by
Curran Shannon and Curran Shannon L
Bought by
Miller James R and Miller Jennifer K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,250
Interest Rate
6.8%

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 Buyer Sale Price Title Company
Hernandez Gamaliel $54,500 None Available
Miller James R $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hernandez Gamaliel $46,300
Previous Owner Miller James R $38,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2017 08/15/17 Sold $54,500 -9.0% $41 / Sq Ft
07/06/2017 07/06/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $59,900 -- $45 / Sq Ft
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 $1,766 $81,100 $20,000 $61,100
2022 $1,548 $83,700 $17,000 $66,700
2021 $1,552 $74,700 $17,000 $57,700
2020 $1,552 $70,300 $15,000 $55,300
2019 $1,422 $66,000 $15,000 $51,000
2018 $1,384 $66,000 $15,000 $51,000
2017 $1,356 $63,800 $15,000 $48,800
2016 $1,356 $63,800 $15,000 $48,800
2015 $1,378 $64,770 $18,000 $46,770
2014 $1,378 $69,929 $17,640 $52,289
2013 $1,456 $69,929 $17,640 $52,289
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1703362

Cedar Rapids Area Association of REALTORS®

APN: 14321-07009-00000