A
Seller's Agent in 2025
Ashley Letsch
Pinnacle Realty LLC
(319) 450-8785
1 in this area
43 Total Sales
821 3rd Ave SE Cedar Rapids, IA 52403
Oak Hill Jackson NeighborhoodEstimated Value: $239,000
3
Beds
6
Baths
5,891
Sq Ft
$41/Sq Ft
Est. Value
Highlights
- Formal Dining Room
- Cooling System Mounted To A Wall/Window
- Guest Parking
- 1 Car Attached Garage
- Home Security System
- Forced Air Zoned Heating and Cooling System
About This Home
As of October 2025his property presents endless opportunities! Formerly a thriving restaurant, it is now poised for new ownership and a fresh business venture. Strategically located in a central hub between downtown, Newbo, and both hospitals, ensuring maximum visibility. A functional commercial elevator facilitates the transportation of large items between floors. Recently installed steel roof and meticulously maintained brick exterior. The main level is designed for guest entertainment, boasting a full-service kitchen, bar, multiple dining areas, and restrooms. Exquisite light fixtures and an abundance of character permeate throughout. Multiple entrances at the front and rear enable simultaneous operations. The lower level primarily serves as storage space, with ample room. Included in the sale are the furnishings and appliances. The upper two levels provide living areas, complete with a full kitchen, dining space, bar, bedrooms, bathrooms, and distinctive loft beds. This is an opportunity not to be missed! Selling AS IS
Home Details
Home Type
- Single Family
Year Built
- Built in 1870
Lot Details
- 8,407 Sq Ft Lot
- Lot Dimensions are 60 x 140
- Property is zoned Comm/Res, Comm/Res
Parking
- 1 Car Attached Garage
- Guest Parking
- Off-Street Parking
Home Design
- Brick Exterior Construction
- Frame Construction
- Vinyl Siding
- Masonry
- Stone
Interior Spaces
- 5,891 Sq Ft Home
- Gas Fireplace
- Family Room with Fireplace
- Great Room with Fireplace
- Formal Dining Room
- Basement Fills Entire Space Under The House
- Home Security System
Kitchen
- Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Upstairs
Schools
- Grant Wood Elementary School
- Mckinley Middle School
- Washington High School
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 142147600400000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 18, 2025
Closed on
Oct 23, 2025
Sold by
Dupaco Community Credit Union
Bought by
Chapman Richard
Seller's Agent
Ashley Letsch
Pinnacle Realty LLC
Buyer's Agent
Curtis Cleveland
Realty87
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Views
48
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
-$6,000
Avg. Annual Appreciation
-9.44%
Purchase Details
Closed on
Oct 1, 2024
Sold by
Sheriff Of Linn County Iowa
Bought by
Dupaco Community Credit Union
Purchase Details
Closed on
Jul 27, 2021
Sold by
821 Properties Llc
Bought by
Moniker 86 Social Club Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,500
Interest Rate
3%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 4, 2012
Sold by
Dvorak Gary E and Dvorak Joan R
Bought by
821 Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,000
Interest Rate
3.48%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Oct 17, 2005
Sold by
Dvorak Gary E and Dvorak Joan R
Bought by
821 Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.5%
Mortgage Type
Seller Take Back
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 |
|---|---|---|---|
| Chapman Richard | $245,000 | None Listed On Document | |
| Dupaco Community Credit Union | $330,929 | None Listed On Document | |
| Moniker 86 Social Club Llc | $54,000 | None Available | |
| 821 Properties Llc | $275,000 | None Available | |
| 821 Properties Llc | $350,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Moniker 86 Social Club Llc | $51,500 | |
| Previous Owner | 821 Properties Llc | $317,000 | |
| Previous Owner | 821 Properties Llc | $320,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/24/2025 10/24/25 | Sold | $245,000 | -2.0% | $42 / Sq Ft |
| 10/03/2025 10/03/25 | Pending | -- | -- | -- |
| 09/18/2025 09/18/25 | For Sale | $250,000 | -- | $42 / 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 | $10,072 | $389,600 | $100,800 | $288,800 |
| 2024 | $9,286 | $415,200 | $100,800 | $314,400 |
| 2023 | $9,286 | $419,500 | $100,800 | $318,700 |
| 2022 | $895 | $361,200 | $100,800 | $260,400 |
| 2021 | $12,468 | $361,200 | $100,800 | $260,400 |
| 2020 | $12,468 | $361,300 | $100,800 | $260,500 |
| 2019 | $5,828 | $190,828 | $66,528 | $124,300 |
| 2018 | $5,923 | $190,828 | $66,528 | $124,300 |
| 2017 | $5,238 | $158,528 | $66,528 | $92,000 |
| 2016 | $7,094 | $158,528 | $66,528 | $92,000 |
| 2015 | $7,921 | $208,894 | $100,800 | $108,094 |
| 2014 | $5,240 | $208,894 | $100,800 | $108,094 |
| 2013 | $7,324 | $208,894 | $100,800 | $108,094 |
Source: Public Records
Agents Affiliated with this Home
-
Ashley Letsch
-
Curtis Cleveland
Buyer's Agent in 2025
Curtis Cleveland
Realty87
(319) 360-0708
5 in this area
145 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2507937
APN: 14214-76004-00000
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.
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.
Nearby Homes
- 317 8th St SE
- 728 4th Ave SE
- 1249 3rd Ave SE
- 1269 4th Ave SE
- 1410 7th Ave SE
- Lot 42 Kestrel Heights
- 1442 4th Ave SE
- 1506 8th Ave SE
- 1007 10th St SE
- 1416 3rd Ave SE
- 400 1st St SE Unit 410
- 1021 9th St SE
- 1518 Bever Ave SE
- 1538 Bever Ave SE
- 905 3rd St SE Unit 305
- 905 3rd St SE Unit 304
- 900 2nd St SE Unit 204
- 1540 Washington Ave SE
- 513 17th St SE
- 1713 7th Ave SE
- 821 3rd Ave SE Unit B
- 803 3rd Ave SE
- 835 3rd Ave SE
- 814 3rd Ave SE Unit 3
- 814 3rd Ave SE Unit 10
- 814 3rd Ave SE
- 824 3rd Ave SE
- 800 3rd Ave SE
- 840 3rd Ave SE
- 719 3rd Ave SE
- 722 4th Ave SE
- 811 2nd Ave SE
- 857 3rd Ave SE
- 866 3rd Ave SE
- 275 10th St SE
- 275 10th St SE Unit 2240
- 275 10th St SE Unit 3310
- 275 10th St SE Unit 302
- 275 10th St SE Unit 201
- 275 10th St SE Unit 101