NOT LISTED FOR SALE

822 16th St SE Unit 822 & 826 Cedar Rapids, IA 52403

Wellington Heights Neighborhood

Estimated Value: $101,000 - $195,384

4 Beds
2 Baths
1,824 Sq Ft
$82/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $94,900 $52 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,087/month

About This Home

As of September 2022

Potential! This separately metered duplex features two 2 bedroom, 1 bath units, each with separate in-unit laundry room. Each unit also features its own carport and outside accessible storage closet. Post Derecho, property has received a new roof, new siding, and some new windows. Unit 822 (to the left as facing) is near ready to go, with new drywall and paint finished. Needs carpet, but wood floors could be brought back to life. Unit 826 is near gutted to studs and needs a complete remodel. Property was not winterized, however, Unit 822 pipes have been repaired (approx $2500 was spent to fix) but unit 826 still needs done. As is sale, what remains in and on property at closing will be up to buyer to dispose of. Seller will make no repairs. View in daylight hours. Has not been city inspected since pre-derecho. No rental records since pre-derecho. At that time rent was $535 each due to renters being on assistance.

Last Listed By

Jeff Nelson

Teri Graf Real Estate Team Listed on: 07/24/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 8,233 Sq Ft Lot
  • Lot Dimensions are 82 x 100

Home Design

  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,824 Sq Ft Home
  • Crawl Space
  • Laundry in unit

Outdoor Features

  • Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Acres: 0.1890
  • City Name: Cedar Rapids
  • Gross Tax: 2981
  • List User Cell Phone: 319-343-5333
  • Miscellaneous: Parking Spaces, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water, Shed, Ten Storag, Unit Laundry
  • Net Tax: 2795
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 52.03
  • Total Sq Ft: 1824
  • Style St: Side/Side
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Basement: Crawl, Slab

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

  • Elementary School: Grant Wood
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 82 x 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2022
Closed on
Sep 15, 2022
Sold by
Bronson Nicholas E and Bronson Jessica
Bought by
Masse Robbins Llc
Seller's Agent
Jeff Nelson
Teri Graf Real Estate Team
Buyer's Agent
Matt McCurdy
Scottsman Real Estate
List Price
$94,900
Sold Price
$94,900
Total Days on Market
0
Current Estimated Value
$149,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,946
Avg. Annual Appreciation
21.82%
Original Mortgage
$168,000
Outstanding Balance
$159,580
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$1,171

Purchase Details

Closed on
Aug 1, 2002
Sold by
Sconyers Amy and Sconyers Lois A
Bought by
Bronson Nicholas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,760
Interest Rate
6.7%

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
Masse Robbins Llc $95,000 --
Bronson Nicholas E $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masse Robbins Llc $168,000
Previous Owner Bronson Nicholas E $104,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $94,900 0.0% $52 / Sq Ft
07/24/2022 07/24/22 Pending -- -- --
07/24/2022 07/24/22 For Sale $94,900 -- $52 / 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 $3,036 $158,400 $41,400 $117,000
2022 $519 $143,900 $37,800 $106,100
2021 $2,928 $128,800 $32,400 $96,400
2020 $2,928 $132,700 $28,800 $103,900
2019 $2,092 $105,600 $25,200 $80,400
2018 $2,213 $105,600 $25,200 $80,400
2017 $2,188 $109,000 $25,200 $83,800
2016 $2,265 $106,600 $25,200 $81,400
2015 $2,287 $107,528 $25,215 $82,313
2014 $2,102 $107,528 $25,215 $82,313
2013 $2,054 $107,528 $25,215 $82,313
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jeff Nelson

    Teri Graf Real Estate Team

    (319) 343-5333

    1 in this area

    135 Total Sales

    Jeff Nelson
    Section Image

  • M

    Buyer's Agent in 2022

    Matt McCurdy

    Scottsman Real Estate

    (319) 450-6447

    2 in this area

    28 Total Sales

    Matt McCurdy
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2206303

Cedar Rapids Area Association of REALTORS®

APN: 14224-59010-00000

Iowa Linn County Cedar Rapids 52403 Wellington Heights

822 16th St SE Unit 822 & 826, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 822 16th St SE Unit 822 & 826, Cedar Rapids, IA 52403 since 24 July 2022 and is currently estimated at $149,846, approximately $82 per square foot. This property was built in 1963. 822 16th St SE Unit 822 & 826 is a home located in Linn County with nearby schools including Grant Wood Elementary School, McKinley STEAM Academy, and George Washington 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.

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