$60,000
SOLD MAY 29, 2020
-- Bed
-- Bath
1,376 Sq Ft
5,619 Sq Ft Lot

Recently Sold

$44 Per Sq Ft

19% Below List Price

29 Days on Market

Highlights

  • Forced Air Cooling System
  • Hot Water Heating System
  • 3 Car Garage

About This Home

As of March 2024

2-2 bedrooms units. Upper unit has a small living room and walk in closet. Lower unit has a very large living/dining room and access to laundry in the basement. Access could easily be created for both units. The yard is fenced for pets and there is 2 to 4 parking spaces with a garage in the alley as well.

Last Agent to Sell the Property

Brian Hanna

SKOGMAN REALTY Listed on: 03/23/2020

SKOGMAN REALTY

Last Buyer's Agent

Taylor Bergen

Realty87

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,152

Year Built

  • 1910

Lot Details

  • 5,619 Sq Ft Lot

Parking

  • 3 Car Garage

Home Design

  • 1,376 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

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

Community Details

  • Gross Income $12,000
  • Net Operating Income $9,388

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,152

Year Built

1910

Lot Details

0

Listing Details

  • Acres: 0.1290
  • City Name: Cedar Rapids
  • Gross Tax: 1152
  • List User Cell Phone: 319-777-1854
  • Miscellaneous: Basement, Garage, Parking Spaces, Sep. Meter – Electric
  • Net Tax: 1152
  • Noof Units Efficiency: 2
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.80537
  • Ratio Close Price By Original Li: 0.80537
  • Ratio Current Price By Sq Ft: 43.60
  • Total Sq Ft: 1376
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

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

Schools

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

Lot Info

  • Lot Size: 5600

Rental Info

  • Total Expenses: 2612

Multi Family

  • Gross Income: 12000
  • Net Operating Income: 9388.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2023
Closed on
Mar 6, 2024
Sold by
Local Dwellings Llc
Bought by
Wilcher Brennen and Roederer Darcelle
Seller's Agent
Beth Mackey
Realty87
Buyer's Agent
Adam Lau
Pinnacle Realty LLC
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%
Views
64
Current Estimated Value
$146,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,106
Avg. Annual Appreciation
-10.33%
Original Mortgage
$120,000
Outstanding Balance
$104,661
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$42,233

Purchase Details

Listed on
Mar 23, 2020
Closed on
May 28, 2020
Sold by
Banklowa
Bought by
Local Dwelling Llc
Seller's Agent
Brian Hanna
SKOGMAN REALTY
Buyer's Agent
Taylor Bergen
Realty87
List Price
$74,500
Sold Price
$60,000
Premium/Discount to List
-$14,500
-19.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.72%
Original Mortgage
$105,000
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 31, 2016
Closed on
May 17, 2016
Sold by
Aubrecht Terry and Aubrecht Edna L
Bought by
Novak Property Management Llc
Seller's Agent
Jim Willmsen
RE/MAX CONCEPTS
Buyer's Agent
Jim Willmsen
RE/MAX CONCEPTS
List Price
$69,900
Sold Price
$67,000
Premium/Discount to List
-$2,900
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.69%
Original Mortgage
$67,000
Interest Rate
3.59%
Mortgage Type
New Conventional
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $170,000 None Listed On Document
Warranty Deed $60,000 None Available
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,000 New Conventional
Previous Owner $13,981 New Conventional
Previous Owner $114,900 Credit Line Revolving
Previous Owner $105,000 Future Advance Clause Open End Mortgage
Previous Owner $56,000 Commercial
Previous Owner $67,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2024 03/07/24 Sold $170,000 -2.9% $124 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
12/03/2023 12/03/23 For Sale $175,000 +191.7% $127 / Sq Ft
05/29/2020 05/29/20 Sold $60,000 -19.5% $44 / Sq Ft
04/21/2020 04/21/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $74,500 +11.2% $54 / Sq Ft
05/12/2016 05/12/16 Sold $67,000 -4.1% $49 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $69,900 -- $51 / 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 $1,838 $98,600 $22,000 $76,600
2022 $1,718 $87,100 $22,000 $65,100
2021 $1,660 $82,900 $22,000 $60,900
2020 $1,660 $75,200 $20,000 $55,200
2019 $1,470 $68,200 $16,000 $52,200
2018 $1,378 $68,200 $16,000 $52,200
2017 $1,283 $63,700 $16,000 $47,700
2016 $1,283 $63,700 $16,000 $47,700
2015 $1,337 $66,137 $16,000 $50,137
2014 $1,152 $66,137 $16,000 $50,137
2013 $1,120 $66,137 $16,000 $50,137
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2002202

Cedar Rapids Area Association of REALTORS®

APN: 14204-64006-00000