821 3rd Ave SE Cedar Rapids, IA 52403
Oak Hill Jackson NeighborhoodEstimated payment $1,571/month
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
his 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
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/18/2025 09/18/25 | For Sale | $250,000 | -- | $42 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Sheriffs Deed | $330,929 | None Listed On Document | |
| Special Warranty Deed | $54,000 | None Available | |
| Warranty Deed | $275,000 | None Available | |
| Contract Of Sale | $350,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $650,000 | Construction | |
| Previous Owner | $51,500 | Credit Line Revolving | |
| Previous Owner | $232,406 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $317,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $320,000 | Seller Take Back |
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2507937
APN: 14214-76004-00000
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