NOT LISTED FOR SALE

721 2nd St SW Cedar Rapids, IA 52404

Taylor Neighborhood

Estimated Value: $112,933 - $204,000

2 Beds
2 Baths
856 Sq Ft
$196/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $180,000 $210 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $997/month

27 Days on Market

Highlights

  • Deck
  • Junction City Elementary School Rated A
  • Forced Air Cooling System

About This Home

As of August 2023

THE PRICE REFLECTS 721 2ND ST SW PLUS GPN # 142830200900000, AN ADJACENT VACANT LOT THAT FACES 8TH AVENUE. THIS PROPERTY IS LOCATED ACROSS THE STREET FROM "THE FLYING WEENIE". THE CORNER LOT IS ALREADY ZONED C-3. PERFECT FOR A SMALL OFFICE OR RETAIL LOCATION. BOTH PROPERTIES MUST BE SOLD TOGETHER.

Last Agent to Sell the Property

Patrick Donohoe

Realty87 Listed on: 06/16/2023

Realty87

Last Buyer's Agent

Patrick Donohoe

Realty87 Listed on: 06/16/2023

Realty87

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,621

Year Built

  • 1885

Lot Details

  • 7,013 Sq Ft Lot
  • Lot Dimensions are 50x140

Home Design

  • 856 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,621

Year Built

1885

Lot Details

0

Listing Details

  • Acres: 0.1610
  • City Name: Cedar Rapids
  • Gross Tax: 1621
  • List User Cell Phone: 319-560-7898
  • Miscellaneous: Deck/Patio
  • Noof Units One Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.90000
  • Ratio Close Price By Original Li: 0.90000
  • Ratio Current Price By Sq Ft: 210.28
  • Total Sq Ft: 856
  • Style St: Side/Side
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1885

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Lot Info

  • Lot Size: 50X140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Aug 16, 2023
Sold by
Pumphrey Lisa M and Pumphrey Stanley
Bought by
Willie Rays Q Shack Llc
Seller's Agent
Patrick Donohoe
Realty87
Buyer's Agent
Patrick Donohoe
Realty87
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%
Views
121
Current Estimated Value
$167,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,356
Avg. Annual Appreciation
-3.10%
Original Mortgage
$127,600
Outstanding Balance
$124,692
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$42,952

Purchase Details

Closed on
Apr 6, 2011
Sold by
Halsch Garrin C and Martin Peggy J
Bought by
Halsch Leo L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Willie Rays Q Shack Llc $180,000 None Listed On Document
Halsch Leo L $41,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willie Rays Q Shack Llc $127,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2023 08/18/23 Sold $180,000 -10.0% $210 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $200,000 -- $234 / 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
2025 $1,372 $108,500 $35,000 $73,500
2024 $1,434 $92,800 $35,000 $57,800
2023 $1,434 $77,500 $25,000 $52,500
2022 $1,370 $68,000 $25,000 $43,000
2021 $1,260 $66,100 $25,000 $41,100
2020 $1,260 $57,100 $17,500 $39,600
2019 $1,176 $54,600 $15,000 $39,600
2018 $1,144 $54,600 $15,000 $39,600
2017 $1,162 $57,600 $15,000 $42,600
2016 $1,162 $54,700 $15,000 $39,700
2015 $1,172 $55,108 $15,000 $40,108
2014 $1,172 $55,108 $15,000 $40,108
2013 $1,148 $55,108 $15,000 $40,108
Source: Public Records

Agents Affiliated with this Home

  • Patrick Donohoe

    Seller's Agent in 2023

    Patrick Donohoe

    Realty87

    (319) 560-7898

    5 in this area

    91 Total Sales

    Patrick Donohoe
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2303942

Cedar Rapids Area Association of REALTORS®

APN: 14283-02008-00000

Iowa Linn County Cedar Rapids 52404 Taylor

721 2nd St SW, Cedar Rapids, IA

Not Listed for Sale

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