J
Seller's Agent in 2024
Jeremy Emmert
Realty87
(319) 210-0630
6 in this area
104 Total Sales
711 2nd Ave SW Cedar Rapids, IA 52404
Taylor Neighborhood
--
Bed
--
Bath
1,302
Sq Ft
5,619
Sq Ft Lot
Highlights
- Deck
- Patio
- Garage
- No HOA
- Forced Air Heating and Cooling System
- 5-minute walk to Krebs Park
About This Home
As of October 2024Fantastic investment opportunity! This fully rented duplex, with long-term tenants in place, offers reliable income and peace of mind. Both units feature their own washer and dryer, adding convenience for tenants. The property is well-maintained with vinyl siding and updated vinyl windows. Each unit comes with its own 1-car garage, perfect for additional storage or parking. Located in a desirable, clean neighborhood, this duplex offers excellent value for investors or homeowners alike.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,560
Year Built
- Built in 1900
Lot Details
- 5,619 Sq Ft Lot
- Lot Dimensions are 40x140
Parking
- Garage
Home Design
- Frame Construction
- Vinyl Siding
Interior Spaces
- 1,302 Sq Ft Home
- Basement Fills Entire Space Under The House
- Laundry in unit
Outdoor Features
- Deck
- Patio
Schools
- Taylor Elementary School
- Wilson Middle School
- Jefferson High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- The owner pays for electricity, gas, water
- Assessor Parcel Number 14291-84003-00000
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $219
- Gross Income $1,250
- Net Operating Income $1,031
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2024
Closed on
Oct 30, 2024
Sold by
Bcmt Llc
Bought by
Maryland Zayda
Seller's Agent
Jeremy Emmert
Realty87
Buyer's Agent
Z Maryland
Pinnacle Realty LLC
List Price
$125,000
Sold Price
$110,000
Premium/Discount to List
-$15,000
-12%
Views
1
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
$2,500
Avg. Annual Appreciation
2.37%
Original Mortgage
$108,007
Outstanding Balance
$106,926
Interest Rate
6.09%
Mortgage Type
FHA
Estimated Equity
$5,574
Purchase Details
Closed on
Nov 9, 2018
Sold by
Bulicek Jeff and Bulicek Paula A
Bought by
Bcmt Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
4.7%
Mortgage Type
Future Advance Clause Open End Mortgage
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $110,000 | River Ridge Escrow | |
| Warranty Deed | $55,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $108,007 | FHA | |
| Previous Owner | $55,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2024 10/31/24 | Sold | $110,000 | -8.3% | $84 / Sq Ft |
| 10/06/2024 10/06/24 | Pending | -- | -- | -- |
| 10/02/2024 10/02/24 | Price Changed | $119,900 | -4.1% | $92 / Sq Ft |
| 09/19/2024 09/19/24 | For Sale | $125,000 | -- | $96 / 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 |
|---|---|---|---|---|
| 2025 | $1,560 | $114,500 | $28,000 | $86,500 |
| 2024 | $1,618 | $89,800 | $28,000 | $61,800 |
| 2023 | $1,618 | $88,200 | $20,000 | $68,200 |
| 2022 | $1,588 | $76,700 | $20,000 | $56,700 |
| 2021 | $1,436 | $76,700 | $20,000 | $56,700 |
| 2020 | $1,436 | $65,100 | $14,000 | $51,100 |
| 2019 | $1,194 | $55,400 | $12,000 | $43,400 |
| 2018 | $1,162 | $55,400 | $12,000 | $43,400 |
| 2017 | $1,194 | $54,800 | $12,000 | $42,800 |
| 2016 | $1,164 | $54,800 | $12,000 | $42,800 |
| 2015 | $1,178 | $55,388 | $12,000 | $43,388 |
| 2014 | $1,178 | $55,388 | $12,000 | $43,388 |
| 2013 | $1,154 | $55,388 | $12,000 | $43,388 |
Source: Public Records
Agents Affiliated with this Home
-
Jeremy Emmert
-
Z Maryland
Buyer's Agent in 2024
Z Maryland
Pinnacle Realty LLC
(319) 431-0382
6 in this area
97 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2406476
APN: 14291-84003-00000
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