517 16th St NE, Cedar Rapids, IA 52402
PENDING

517 16th St NE
Cedar Rapids, IA 52402

Mound View
  • Studio
  • 2,068 sqft
  • Studio
  • 2,068 sqft

$125,500

Est. Mortgage $915/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

Looking for a great investment property, look no further this unique duplex offers a bonus apartment thats apart of the lower level. lower unit vacant rent  1100 upper unit occupied  rent 700 deposit 1400 6moth lease expires in April 2024. Tenants pays own utilities

Home Highlights

Parking
2 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$61
Listed
110 days ago

Home Details for 517 16th St NE

Interior Features

Dimensions and Layout
Living Area: 2068 Square Feet
Heating & Cooling
Heating: GasHas HeatingHeating Fuel: Gas

Exterior Features

Parking & Garage
Parking Spaces: 2
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 110

Property Information

Year Built
Year Built: 1905
Property Type / Style
Property Type: ResidentialProperty Subtype: Multi Family
Building
Construction Materials: Frame
Property Information
Parcel Number: 141535900300000

Price & Status

Price
List Price: $125,500Price Per Sqft: $61
Status Change & Dates
Off Market Date: Wed Apr 24 2024Possession Timing: Closing

Active Status

MLS Status: Pending

Location

Direction & Address
City: Cedar Rapids
School Information
Elementary School: JohnsonJr High / Middle School: FranklinHigh School: Washington

Agent Information

Listing Agent
Listing ID: 2400171

HOA

Association for this Listing: Cedar Rapids Area Association Of RealtorsNo HOA

Lot Information

Lot Area: 3049.2 sqft

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: Electricity, Gas

Miscellaneous

Mls Number: 2400171Living Area Range Units: Square Feet
Last check for updates: about 17 hours ago
Listing courtesy of Z Maryland, (319) 431-0382
Pinnacle Realty LLC
Originating MLS: Cedar Rapids Area Association Of Realtors
Source: CRAAR, CDRMLS, MLS#2400171

Price History for 517 16th St NE

DatePriceEventSource
04/24/2024$125,500PendingCRAAR, CDRMLS #2400171
03/27/2024$125,500PriceChange
CRAAR, CDRMLS #2400171
01/10/2024$128,000Listed For SaleCRAAR, CDRMLS #2400171

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Property Taxes and Assessment

Year2022
Tax$1,582
Assessment$92,200
Home facts updated by county records

Comparable Sales for 517 16th St NE

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.13
Multi-Family Home
$121,000
05/01/23
-
1,520
0.07
Multi-Family Home
$100,000
08/02/23
-
1,638
0.07
Multi-Family Home
$127,500
10/13/23
-
1,638
0.09
Multi-Family Home
$85,000
06/11/23
-
1,600
0.31
Multi-Family Home
$210,000
01/01/24
-
3,433
0.56
Multi-Family Home
$137,000
04/11/24
-
2,214
0.57
Multi-Family Home
$110,000
12/28/23
-
2,430
0.40
Multi-Family Home
$150,000
04/12/24
-
2,640
0.50
Multi-Family Home
$160,000
07/07/23
6
4
2,748
0.39
Multi-Family Home
$134,000
08/22/23
-
2,986

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Mound View

  • Trulia User
    "lived her for 32 years and not many ever move...its whats called a pocket neighborhood which I guess is a good thing. our neighbors look out for each other. it's nice."
    3
    Flag
  • Lakin G.
    "Easy access to 1st ave and the interstate. Getting anywhere in Cedar Rapids is gonna take 15 minutes or less"
    1
    Flag
  • Michellepblair
    "It’s a diverse neighborhood with a lot of history and character. Neighbors are kind and always willing to help each other out. "
    2
    Flag
  • Shannapledge
    "All the kids getting along and playing and everyone keeps the neighborhood nice and clean as well everyone has friendly animals"
    2
    Flag
  • Haschriever
    "I currently go to Coe so mostly those that involve campus. But theres great things to do in the neighborhood, not to far from Theatre Cedar Rapids, US Cellular center and other downtown activities."
    0
    Flag
  • Gretagarbo86
    "I've been here for 2 years and the neighborhood is quiet most of the time and friendly. I love seeing families outside enjoying the community areas."
    4
    Flag
  • rose
    "I love this neighborhood. The neighbors are all very friendly and interact. The neighborhood is made up of all ages... young families to retirees."
    4
    Flag

LGBTQ Local Legal Protections

Z Maryland, Pinnacle Realty LLC
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
517 16th St NE, Cedar Rapids, IA 52402 is a studio, 2,068 sqft multi-family built in 1905. 517 16th St NE is located in Mound View, Cedar Rapids. This property is currently available for sale and was listed by CRAAR, CDRMLS on Jan 10, 2024. The MLS # for this home is MLS# 2400171.