NOT LISTED FOR SALE

661 15th Ave SW Cedar Rapids, IA 52404

Taylor Neighborhood

Estimated Value: $102,000 - $142,728

4 Beds
2 Baths
1,382 Sq Ft
$89/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $137,500 $99 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $844/month

62 Days on Market

About This Home

As of February 2024

Fresh paint exterior and interior, stainless appliances, new roof. This is a great investment property and has great upside now that both units have been updated.

Last Listed By

connor harris

SKOGMAN REALTY Listed on: 12/12/2023

SKOGMAN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,890

Year Built

  • 1900

Lot Details

  • 4,748

Home Design

  • Frame Construction

Interior Spaces

  • 1,382 Sq Ft Home
  • Partial Basement

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Deck
  • 4,748 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Community Details

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $20,400
  • Net Operating Income $17,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,890

Year Built

1900

Lot Details

0

Listing Details

  • Acres: 0.1090
  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 1890
  • List User Cell Phone: 319-855-2212
  • Miscellaneous: Deck/Patio
  • Net Tax: 1890
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.88710
  • Ratio Close Price By Original Li: 0.87580
  • Ratio Current Price By Sq Ft: 99.49
  • Total Sq Ft: 1382
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Basement: Partial

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 4730

Rental Info

  • Pets: Pets Allowed
  • Total Expenses: 3340

Multi Family

  • Gross Income: 20400
  • Net Operating Income: 17060.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
Feb 27, 2024
Sold by
Moore Property Llc
Bought by
661 15Th Ave Llc
Seller's Agent
connor harris
SKOGMAN REALTY
Buyer's Agent
connor harris
SKOGMAN REALTY
List Price
$157,000
Sold Price
$137,500
Premium/Discount to List
-$19,500
-12.42%
Total Days on Market
62
Views
133
Current Estimated Value
$123,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,257
Avg. Annual Appreciation
-8.23%

Purchase Details

Listed on
Dec 12, 2023
Closed on
Feb 26, 2024
Sold by
Red Door Properties Group Llc
Bought by
661 15Th Ave Llc
Seller's Agent
connor harris
SKOGMAN REALTY
Buyer's Agent
connor harris
SKOGMAN REALTY
List Price
$157,000
Sold Price
$137,500
Premium/Discount to List
-$19,500
-12.42%
Views
133

Purchase Details

Closed on
Mar 29, 2023
Sold by
D6 Properties Llc
Bought by
Neighbor Joint Revocable Trust

Purchase Details

Listed on
Apr 20, 2015
Closed on
Jun 22, 2015
Sold by
Huston Enterprises Lc
Bought by
D6 Properties Llc
Seller's Agent
Phillip Hanson
RE/MAX CONCEPTS
Buyer's Agent
Brandi McKenney
IOWA REALTY
List Price
$69,950
Sold Price
$68,500
Premium/Discount to List
-$1,450
-2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$68,500
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage

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
661 15Th Ave Llc $137,500 None Listed On Document
661 15Th Ave Llc -- None Listed On Document
Moore Property Llc $99,000 None Listed On Document
Neighbor Joint Revocable Trust $80,000 --
D6 Properties Llc $68,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Red Door Properties Ia Llc $15,000
Previous Owner D6 Properties Llc $68,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold $137,500 -11.3% $99 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
02/06/2024 02/06/24 Price Changed $155,000 -1.3% $112 / Sq Ft
12/12/2023 12/12/23 For Sale $157,000 +129.2% $114 / Sq Ft
06/22/2015 06/22/15 Sold $68,500 -2.1% $50 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
04/20/2015 04/20/15 For Sale $69,950 -- $51 / 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 $1,890 $86,900 $20,900 $66,000
2022 $72 $89,600 $17,800 $71,800
2021 $1,660 $79,900 $17,800 $62,100
2020 $1,616 $75,200 $15,700 $59,500
2019 $1,522 $70,600 $15,700 $54,900
2018 $1,636 $70,600 $15,700 $54,900
2017 $1,450 $68,200 $15,700 $52,500
2016 $1,450 $68,200 $15,700 $52,500
2015 $1,404 $66,015 $15,675 $50,340
2014 $1,404 $67,453 $15,675 $51,778
2013 $1,404 $67,453 $15,675 $51,778
Source: Public Records

Agents Affiliated with this Home

  • c

    Seller's Agent in 2024

    connor harris

    SKOGMAN REALTY

    (319) 855-2212

    2 in this area

    20 Total Sales

    connor harris
    Section Image

  • P

    Seller's Agent in 2015

    Phillip Hanson

    RE/MAX

  • Brandi McKenney

    Buyer's Agent in 2015

    Brandi McKenney

    IOWA REALTY

    Section Image
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Map

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Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2307863

Cedar Rapids Area Association of REALTORS®

APN: 14321-04011-00000

Iowa Linn County Cedar Rapids 52404 Taylor

661 15th Ave SW, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 661 15th Ave SW, Cedar Rapids, IA 52404 since 12 December 2023 and is currently estimated at $123,243, approximately $89 per square foot. This property was built in 1900. 661 15th 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.