$45,000
SOLD JAN 29, 2025
-- Bed
-- Bath
1,300 Sq Ft
5,619 Sq Ft Lot

Recently Sold

$35 Per Sq Ft

25% Below List Price

92 Days on Market

About This Home

As of January 2025

Fixer-upper with 2 units both have 2 beds, 1 bath, and there is a 2 stall garage. This home could easily be converted back to single family. This property offers great potential for renovation and customization This property is eligible under the First Look Initiative. All Owner Occupant offers will be responded to after 7 days on the market and Investor offers will be responded to after 30 days. However, all offers can be submitted during the First Look period. A viewing release must be signed and returned to our office before showing this property.

Last Agent to Sell the Property

Teri Kelchen

MAVERICK REALTY Listed on: 10/11/2024

Last Buyer's Agent

Teri Kelchen

MAVERICK REALTY Listed on: 10/11/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 5,619 Sq Ft Lot

Parking

  • Garage

Home Design

  • Frame Construction
  • Stone

Interior Spaces

  • 1,300 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Cedar River Academy Elementary School
  • Wilson Middle School
  • Jefferson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 14321-29002-00000

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.129
  • Co List Office Phone: 319-521-9700
  • MLS Status: Closed
  • Directions: From 6th St Head west on 15th Ave follow to address and park in the back
  • Year Built: 1895
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Type: Frame, Stone

Garage/Parking

  • Attached Garage: Yes

Utilities

  • Utilities: Separate Meters
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Cedar River Academy
  • High School: Jefferson
  • Middle Or Junior School: Wilson

Lot Info

  • Lot Dimensions: 5600
  • ResoLotSizeUnits: Acres
  • Parcel Number: 14321-29002-00000
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1550.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Jan 22, 2025
Sold by
Rcaf Acquisition Trust and Us Bank Trust National Association
Bought by
Gauldin Jimmie
Seller's Agent
Teri Kelchen
MAVERICK REALTY
Buyer's Agent
Teri Kelchen
MAVERICK REALTY
List Price
$60,000
Sold Price
$45,000
Premium/Discount to List
-$15,000
-25%
Views
127
Current Estimated Value
$78,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,500
Avg. Annual Appreciation
300.70%

Purchase Details

Closed on
Jul 2, 2024
Sold by
Sheriff Of Linn County
Bought by
Rcaf Acquisition Trust and Us Bank Trust

Purchase Details

Closed on
Oct 7, 2005
Sold by
Heims Bradley A and Heims Jill A
Bought by
Morehouse Edward D and Morehouse Deborah S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,200
Interest Rate
8.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Special Warranty Deed $45,000 None Listed On Document
Special Warranty Deed $45,000 None Listed On Document
Sheriffs Deed $63,000 None Listed On Document
Warranty Deed $68,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $60,000 Unknown
Previous Owner $55,200 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2025 01/29/25 Sold $45,000 -18.2% $35 / Sq Ft
01/11/2025 01/11/25 Pending -- -- --
11/15/2024 11/15/24 Price Changed $55,000 -8.3% $42 / Sq Ft
10/11/2024 10/11/24 For Sale $60,000 -- $46 / 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 $358 $87,600 $20,000 $67,600
2022 $256 $86,300 $17,000 $69,300
2021 $1,604 $77,200 $17,000 $60,200
2020 $1,604 $72,700 $15,000 $57,700
2019 $1,470 $68,200 $15,000 $53,200
2018 $1,430 $68,200 $15,000 $53,200
2017 $1,416 $66,600 $15,000 $51,600
2016 $1,416 $66,600 $15,000 $51,600
2015 $1,378 $64,745 $15,000 $49,745
2014 $1,378 $66,033 $15,000 $51,033
2013 $1,374 $66,033 $15,000 $51,033
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2407124

Cedar Rapids Area Association of REALTORS®

APN: 14321-29002-00000