NOT LISTED FOR SALE

721 2nd St SW Cedar Rapids, IA 52404

Taylor Neighborhood

Estimated Value: $108,472 - $183,000

2 Beds
2 Baths
856 Sq Ft
$173/Sq Ft Est. Value

Last Sold August 18, 2023

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

Est. 18% decrease in value since last sale

Current estimated payment $944/month

27 Days on Market

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 Listed By

Patrick Donohoe

COLDWELL BANKER HEDGES Listed on: 06/16/2023

COLDWELL BANKER HEDGES

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

Schools

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

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
COLDWELL BANKER HEDGES
Buyer's Agent
Patrick Donohoe
COLDWELL BANKER HEDGES
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%
Total Days on Market
27
Views
121
Current Estimated Value
$147,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,176
Avg. Annual Appreciation
-9.09%
Original Mortgage
$127,600
Outstanding Balance
$125,668
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$27,404

Purchase Details

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

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
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 Change Sq Ft Price
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
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

    COLDWELL BANKER HEDGES

    (319) 560-7898

    5 in this area

    85 Total Sales

    Patrick Donohoe
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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

Homes for Sale in Cedar Rapids, IA

This home is located at 721 2nd St SW, Cedar Rapids, IA 52404 since 16 June 2023 and is currently estimated at $147,824, approximately $172 per square foot. This property was built in 1885. 721 2nd St 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.