612 4th Ave SW, Cedar Rapids, IA, 52404

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612 4th Ave SW, Cedar Rapids$124,950

Buyer Closing Credits

$1,484^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeMulti Family

Year Built1940

HeatingElectric

BasementYes

MLS #2402493

Lot Size0.10 Acres

StatusSale Pending
(Pending)

About 612 4th Ave SW

This Duplex (2Bedroom each) is a gem, perfectly located near 1st AV SW! Main level unit is two bedroom with private basement access with washer and dryer hookups. Seller only pays lawn care/snow removal. Tenants are responsible for all other utilities that include water/garbage and electricity (all separately metered-no gas). Landlord only responsible for exterior lawn & snow removal. New roof, siding, newer windows, updated electrical panel. These rentals can be converted back to a single family home. Paved alley with extra parking in rear. Fully leased at $1,450 per month (Lower:$800 & Upper: $650). Lower unit has long term tenant and will need 48 hour notice to show (earlier upon request).

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Property Details

Property Features

Property Information:

• Year Built: 1940
• Living Area: 1,372 SqFt

Listing Office:

• Office Name: Market Real Estate Group
• Office Phone: (319) 210-3533
• Listing Agent: Cindy Guckenberger

Interior Features

Interior Information:

• Basement: Yes

Lot Features

Lot Information:

• Lot Size: 0.10 Acres

Utilities

Utilities Information:

• Heating: Electric

School Info

Assigned Schools Information:

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

Price Information

Listing Price Info

Price Summary:

• List Price: $124,950
• Price Per SqFt: $91/SqFt

Tax Information:

• Annual Amount: $1,348
• Tax Year: 2020

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Housing Market Comparison

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

Cedar Rapids, IA

City

Med. Sold Price

$188.2K

Med. Price/SqFt

$123

Avg. Days On Market

38

# of Sold Homes

138

612 4th Ave SW vs Cedar Rapids

16 DAYS ON ROCKET

-22 Days

$124,950

-$63.2K Less

$91/SqFt

-$32 Less

KEY TAKEAWAY

This property is $63.2K less than the Median Sold Price and $32/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: #2402493

Listing Office:

• Office Name: Market Real Estate Group
• Office Phone: (319) 210-3533
• Listing Agent: Cindy Guckenberger

Provided 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: 4/29/2024, 3:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Jul 27, 2018	Jul 27, 2018Home Sold	$80,000
Jan 14, 2016	Jan 14, 2016Home Sold	$11,987
Sep 14, 2009	Sep 14, 2009Home Sold	$52,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$1,348	$61,100
2018	$1,010	$48,200

History based on county public records data.

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**Disclosures

Rocket Homes›Iowa›Linn County›Cedar Rapids›52404›612 4th Ave SW

This home is located at 612 4th Ave SW in Cedar Rapids, IA and zip code 52404 in the Taylor neighborhood. This 1,372 square foot home, which was built in 1940, sits on a 0.10 acre lot. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $124,950.

In March 2024 more than 26 listings in Cedar Rapids, IA were sold above the asking price. During the same period more than 38 listings were sold at asking price, while more than 74 were sold below. Between February 2024 and March 2024, Cedar Rapids, IA real estate market has seen increase in the number of listings by 9%. Listings spent 38 days on the market in March 2024, and had a median list price of $188,207 during the same period.

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