NOT LISTED FOR SALE

Estimated Value: $168,000 - $192,000

4 Beds
2 Baths
1,728 Sq Ft
$105/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $140,000 $81 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,021/month

50 Days on Market

Highlights

  • Deck
  • Central Air
  • Fenced

About This Home

As of December 2020

Property has an accepted offer, but is continuing to show and take backup offers! Great Investment! ,Well taken care of and clean 2 bed (large master w/ dual closet) , 2 unit complex. Newer flooring, updates windows, Both units are rented w/ good tenants. 900 C $600 + mowing 12 month lease ,902 C Ave $700.00 12 month Lease. Property is being sold as-is but is sure to please.

Last Agent to Sell the Property

Bonnie Tiernan

Realty87 Listed on: 08/06/2020

Realty87

Co-Listed By

Jessica Tiernan

Realty87

Last Buyer's Agent

Cal Ernst

Realty87

Realty87

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,234

Year Built

  • 1989

Lot Details

  • 7,013 Sq Ft Lot
  • Lot Dimensions are 50 x 140
  • Fenced

Parking

  • 4 Parking Spaces

Home Design

  • 1,728 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Gross Income $1,300

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,234

Year Built

1989

Lot Details

0

Listing Details

  • Acres: 0.1610
  • City Name: Cedar Rapids
  • Expense Info: Owner Provided
  • Gross Tax: 2234
  • Last City Inspection: 3/6/19
  • List User Cell Phone: 319-389-5633
  • Miscellaneous: Deck/Patio, Fencing, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water
  • Net Tax: 2234
  • 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: 0.96552
  • Ratio Close Price By Original Li: 0.96552
  • Ratio Current Price By Sq Ft: 81.02
  • Total Sq Ft: 1728
  • Style St: Side/Side
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1989

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 50 X 140

Multi Family

  • Gross Income: 1300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Dec 7, 2020
Sold by
T & S Property Management Llc
Bought by
Genovese Robin
Seller's Agent
Bonnie Tiernan
Realty87
Buyer's Agent
Cal Ernst
Realty87
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%
Current Estimated Value
$181,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,613
Avg. Annual Appreciation
5.83%
Original Mortgage
$137,464
Outstanding Balance
$123,785
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$57,828

Purchase Details

Closed on
Nov 4, 2014
Sold by
Headington Merle D and Headington Beverly K
Bought by
T & S Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,150
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2009
Sold by
Headington Merle D and Headington Beverly K
Bought by
Headington Merle D and Headington Beverly K
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 Buyer Sale Price Title Company
Genovese Robin $140,000 None Available
T & S Property Management Llc -- --
Headington Merle D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Genovese Robin $137,464
Previous Owner T & S Property Management Llc $84,150
Previous Owner Headington Merle D $12,791
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $140,000 -3.4% $81 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $145,000 -- $84 / 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 $176 $126,400 $27,500 $98,900
2022 $176 $118,300 $27,500 $90,800
2021 $176 $112,500 $27,500 $85,000
2020 $324 $104,000 $20,000 $84,000
2019 $2,528 $94,600 $15,000 $79,600
2018 $1,984 $98,600 $15,000 $83,600
2017 $1,950 $91,700 $15,000 $76,700
2016 $1,950 $91,700 $15,000 $76,700
2015 $1,976 $92,852 $15,000 $77,852
2014 $1,976 $93,400 $15,000 $78,400
2013 $1,944 $93,400 $15,000 $78,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2005816

Cedar Rapids Area Association of REALTORS®

APN: 14291-32012-00000