2 months on rocket

Sale Pending

3751 12th Ave SW, Cedar Rapids, IA, 52404

$1,250,000

Home List Price

$10,000*

Closing Credit

0 Baths
15,996 SqFt
$78/SqFt
Multi
Schools Nearby

Location

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3751 12th Ave SW, Cedar Rapids$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingParking Space(s)
Year Built1975
HeatingHot Water
CoolingCentral Air
MLS #2401235
Lot Size0.93 Acres
StatusSale Pending
(Pending)

About 3751 12th Ave SW

20 Units at $62,500/unit! Exceptional 8 CAP opportunity! This well maintained 20-unit apartment building offers a mix of comfortable 1 and 2 bedroom units with dedicated 1 car garages. Each unit has natural gas furnace and central air conditioning, the property has good outside area lighting ensuring year-round comfort for residents. Additionally, the property is equipped with fully-paid for solar panels, providing sustainable energy and reducing utility expenses. Recent upgrades include new siding, roofs, windows, and driveway. This contributes to the property's overall appeal, durability and dafety minimizing maintenance requirements and enhancing curb appeal. Showings are available for pre-approved buyers with 24-hour notice. Don't miss this opportunity to invest in a well-maintained, fully-occupied, multi-family property with potential rental increases. Schedule your showing today! Listing agent is partial owner.

Property Details

Property Features

Property Information:

  • Year Built: 1975
  • Living Area: 15,996 SqFt

Listing Office:

  • Office Name: SKOGMAN REALTY
  • Office Phone: (319) 366-6427
  • Listing Agent: Becky Stonawski

Exterior Features

Parking Information:

  • Parking: Parking Space(s)

Lot Features

Lot Information:

  • Lot Size: 0.93 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Thomas Jefferson High School, Public District Grades 9-12
  • Roosevelt Middle School, Public District Grades 6-8
  • Hoover Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $78/SqFt

Tax Information:

  • Annual Amount: $17,368
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cedar Rapids, IA.

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Cedar Rapids, IA

City

Med. Sold Price

$188.2K

Med. Price/SqFt

$123

Avg. Days On Market

38

# of Sold Homes

138

3751 12th Ave SW vs Cedar Rapids

62 DAYS ON ROCKET

+24 Days

$1,250,000

+$1.0M More

$78/SqFt

-$45 Less

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $45/SqFt less than other homes in Cedar Rapids, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CDR
  • MLS Number: #2401235

Listing Office:

  • Office Name: SKOGMAN REALTY
  • Office Phone: (319) 366-6427
  • Listing Agent: Becky Stonawski

IDXProvided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' 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 Believed To Be Accurate But Not Guaranteed.
Copyright 2024 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 7:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 12, 2018Home Sold
$650,000

Tax History

YEARPROP. TAXASSESSMENT
2020$17,368$657,800
2018$13,788$657,800

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2542717
4
/10

  • Hoover Elementary School

  • 4141 Johnson Ave NW

  • 0.42 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2542718
2
/10

  • Roosevelt Middle School

  • 300 13th St NW

  • 1.78 miles

  • Public District Grades 6-8

High School

school-card-donut-2542719
2
/10

  • Thomas Jefferson High School

  • 1243 20th St SW

  • 1.18 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,237. The most common annual income of people living in Cedar Rapids, IA is less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Iowa›Linn County›Cedar Rapids›52404›3751 12th Ave SW

This home is located at 3751 12th Ave SW in Cedar Rapids, IA and zip code 52404 in the Cedar Hills neighborhood. This 15,996 square foot home, which was built in 1975, sits on a 0.93 acre lot. It has been listed on Rocket Homes since February 26, 2024 and is currently priced at $1,250,000.

Cedar Rapids, IA housing market in March 2024 saw over 26 listings sold above listed price, more than 38 sold at listed price and over 74 sold below. In March 2024 in Cedar Rapids, IA there were 9% more homes for sale than in February 2024. In March 2024 median list price was $188,207 and the average listing age was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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