A
Seller's Agent in 2022
Adam Stradt
RE/MAX
(319) 573-9668
12 in this area
67 Total Sales
710 2nd Ave SW Cedar Rapids, IA 52404
Taylor NeighborhoodEstimated Value: $139,000 - $249,000
4
Beds
3
Baths
2,081
Sq Ft
$93/Sq Ft
Est. Value
Highlights
- Deck
- 3 Car Garage
- Heating System Uses Gas
- Forced Air Cooling System
- Fenced
About This Home
As of December 2022Easily the nicest triplex I’ve seen in my career. It’s well updated in all the units including the kitchens and baths. Has a new roof and maintenance free exterior, and wood and tile floors. Meters are separated except for water. Main floor unit has 3 bedrooms and 2 baths with a nice master bath with tile shower and higher end kitchen remodel. Plus they have their own laundry in the unit. Upper units share laundry in a common laundry room upstairs. Parking spaces along with a one stall garage in the back and on street parking in the front. Lower unit has its own entrance and covered porch. 1 Upper unit has their own entrance or can use a shared entrance. Building flows well and is not chopped up. Does require at least 24 hr notice to show lower unit. Upper units can be viewed anytime. The basement could yield more sqft potentially.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,782
Year Built
- 1895
Lot Details
- 5,619 Sq Ft Lot
- Lot Dimensions are 40x140
- Fenced
Parking
- 3 Car Garage
Home Design
- Frame Construction
- Aluminum Siding
- Vinyl Construction Material
Interior Spaces
- 2,081 Sq Ft Home
- Basement Fills Entire Space Under The House
- Laundry in unit
Outdoor Features
- Deck
Utilities
- Forced Air Cooling System
- Cooling System Mounted To A Wall/Window
- Heating System Uses Gas
- Separate Meters
Community Details
- Gross Income $29,280
- Net Operating Income $26,365
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2019
Closed on
Jun 20, 2019
Sold by
Hoefle Jesse L and Hoefle Elizabeth
Bought by
Kmm Properties Llc
Seller's Agent
Tyler Donahue
COLDWELL BANKER HEDGES
Buyer's Agent
Adam Stradt
RE/MAX CONCEPTS
List Price
$197,000
Sold Price
$191,000
Premium/Discount to List
-$6,000
-3.05%
Total Days on Market
71
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,000
Avg. Annual Appreciation
0.27%
Original Mortgage
$152,800
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Feb 7, 2007
Sold by
Starkey Miles L and Starkey Diane M
Bought by
Hoefle Jesse L and Hoefle Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,112
Interest Rate
6.22%
Mortgage Type
FHA
Purchase Details
Closed on
May 14, 1999
Sold by
Myers John E and Myers Mary F
Bought by
Starkey Miles L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,972
Interest Rate
6.92%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kmm Properties Llc | $191,000 | None Available | |
| Hoefle Jesse L | $109,500 | None Available | |
| Starkey Miles L | $53,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Royal Management Group Llc | $162,500 | |
| Closed | Royal Management Group Llc | $190,344 | |
| Closed | Kmm Properties Llc | $152,800 | |
| Previous Owner | Hoefle Jesse L | $40,348 | |
| Previous Owner | Hoefle Jesse | $79,000 | |
| Previous Owner | Hoefle Jesse L | $109,112 | |
| Previous Owner | Starkey Miles L | $11,513 | |
| Previous Owner | Starkey Miles L | $59,500 | |
| Previous Owner | Starkey Miles L | $53,972 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/05/2022 12/05/22 | Sold | $237,930 | -2.9% | $114 / Sq Ft |
| 10/19/2022 10/19/22 | Pending | -- | -- | -- |
| 09/26/2022 09/26/22 | Price Changed | $245,000 | -2.0% | $118 / Sq Ft |
| 08/09/2022 08/09/22 | For Sale | $250,000 | +30.9% | $120 / Sq Ft |
| 06/21/2019 06/21/19 | Sold | $191,000 | -3.0% | $95 / Sq Ft |
| 05/19/2019 05/19/19 | Pending | -- | -- | -- |
| 05/09/2019 05/09/19 | For Sale | $197,000 | -- | $98 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 | $3,036 | $152,900 | $20,000 | $132,900 |
| 2022 | $3,510 | $143,900 | $20,000 | $123,900 |
| 2021 | $2,782 | $143,900 | $20,000 | $123,900 |
| 2020 | $2,782 | $105,400 | $12,000 | $93,400 |
| 2019 | $2,252 | $79,300 | $12,000 | $67,300 |
| 2018 | $2,354 | $79,300 | $12,000 | $67,300 |
| 2017 | $2,102 | $63,800 | $12,000 | $51,800 |
| 2016 | $2,102 | $63,800 | $12,000 | $51,800 |
| 2015 | $2,162 | $62,923 | $12,000 | $50,923 |
| 2014 | $2,162 | $57,741 | $6,804 | $50,937 |
| 2013 | $2,100 | $57,741 | $6,804 | $50,937 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Stradt
-
Tami Timm
Buyer's Agent in 2022
Tami Timm
COLDWELL BANKER HEDGES
(319) 361-4663
5 in this area
229 Total Sales
-
Tyler Donahue
Seller's Agent in 2019
Tyler Donahue
COLDWELL BANKER HEDGES
(319) 270-1751
4 in this area
86 Total Sales
Map
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- 2 Baths
- 2,295 Sq Ft
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2-unit turn-key duplex, excellent investment opportunity close to Mt. Mercy, Coe College, Mercy Hospital, Garfield Elementary, Fairfield Middle School, and Washington High School. Completely renovated from the studs out, new appliances, light fixtures, flooring, paint, plumbing, electrical, HVAC, separate water, gas, and electric meters, shared laundry in the LL, 4 parking spaces, and easy to
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Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2207779
APN: 14291-81014-00000
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