R
Seller's Agent in 2025
Robert Young
SKOGMAN REALTY
(319) 310-2828
1 in this area
4 Total Sales
716 E Ave NW Cedar Rapids, IA 52405
Northwest Area NeighborhoodEstimated Value: $143,000 - $159,000
5
Beds
3
Baths
1,616
Sq Ft
$93/Sq Ft
Est. Value
Highlights
- Deck
- Forced Air Heating and Cooling System
- Garage
- Patio
About This Home
As of November 2025Spacious 2-bedroom unit on the main level and two efficiencies on the upper level with gross rents of $1650/MO.
Large wrap around deck, garage, and rear parking area. Older home but stands the test of time-with long term tenants that would like to stay. Lower unit was completely remodeled after the flood with many updates and new appliances since then. Certificate of Compliance from Cedar Rapids Inspection 6/19/2023.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,190
Year Built
- Built in 1890
Lot Details
- Lot Dimensions are 140 x 40
Parking
- Garage
Home Design
- Frame Construction
- Stone
Interior Spaces
- 1,616 Sq Ft Home
- Basement Fills Entire Space Under The House
Outdoor Features
- Deck
- Patio
Schools
- Cleveland Elementary School
- Roosevelt Middle School
- Jefferson High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for water
- Assessor Parcel Number 142046301200000
Community Details
Overview
- 3 Units
Building Details
- Operating Expense $6,187
- Gross Income $19,800
- Net Operating Income $13,613
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2025
Closed on
Nov 10, 2025
Sold by
Young Robert C
Bought by
Gutschmidt Construction Inc
Seller's Agent
Robert Young
SKOGMAN REALTY
Buyer's Agent
Robert Young
SKOGMAN REALTY
List Price
$165,000
Sold Price
$152,000
Premium/Discount to List
-$13,000
-7.88%
Views
29
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
-$1,542
Avg. Annual Appreciation
-2.02%
Original Mortgage
$152,000
Outstanding Balance
$152,000
Interest Rate
6.34%
Mortgage Type
New Conventional
Estimated Equity
-$1,542
Purchase Details
Closed on
Feb 18, 2019
Sold by
Cr Property Services Llc
Bought by
Young Robert C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 14, 2007
Sold by
Davis William F and Davis Donna
Bought by
Oberreuter Brad Alan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Nov 27, 2002
Sold by
Dunkel Daniel J and Dunkel Elaine A
Bought by
Davis William F and Davis Donna M
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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 |
|---|---|---|---|
| Gutschmidt Construction Inc | $152,000 | None Listed On Document | |
| Young Robert C | -- | None Available | |
| Oberreuter Brad Alan | $69,500 | Security First Title Co | |
| Davis William F | $52,500 | -- |
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 |
|---|---|---|---|
| Open | Gutschmidt Construction Inc | $152,000 | |
| Previous Owner | Young Robert C | $20,000 | |
| Previous Owner | Oberreuter Brad Alan | $14,000 | |
| Closed | Davis William F | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/10/2025 11/10/25 | Sold | $152,000 | 0.0% | $94 / Sq Ft | |
| 09/18/2025 09/18/25 | Pending | -- | -- | -- | |
| 08/27/2025 08/27/25 | Price Changed | $152,000 | -7.9% | $94 / Sq Ft | |
| 08/01/2025 08/01/25 | For Sale | $165,000 | +73.7% | $102 / Sq Ft | |
| 12/15/2017 12/15/17 | Sold | $95,000 | -4.9% | $59 / Sq Ft | View Prior Sale |
| 11/27/2017 11/27/17 | Pending | -- | -- | -- | |
| 10/29/2017 10/29/17 | For Sale | $99,900 | -- | $62 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
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 | $2,190 | $136,300 | $27,000 | $109,300 |
| 2024 | $2,482 | $126,800 | $25,000 | $101,800 |
| 2023 | $2,482 | $123,800 | $22,000 | $101,800 |
| 2022 | $2,872 | $117,700 | $22,000 | $95,700 |
| 2021 | $2,266 | $117,700 | $22,000 | $95,700 |
| 2020 | $2,266 | $85,800 | $14,000 | $71,800 |
| 2019 | $2,436 | $85,800 | $14,000 | $71,800 |
| 2018 | $2,134 | $85,800 | $14,000 | $71,800 |
| 2017 | $1,931 | $58,600 | $14,000 | $44,600 |
| 2016 | $1,931 | $58,600 | $14,000 | $44,600 |
| 2015 | $2,015 | $58,636 | $14,000 | $44,636 |
| 2014 | $1,830 | $68,089 | $6,804 | $61,285 |
| 2013 | $2,290 | $68,089 | $6,804 | $61,285 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Young
-
Dan Kaestner
Seller's Agent in 2017
Dan Kaestner
IOWA REALTY
(319) 560-2330
146 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2506711
APN: 14204-63012-00000
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