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412 8th Avenue Southwest

412 8th Avenue Southwest, Cedar Rapids, IA 52404
Property in Taylor
1 Units For Sale
Unit for sale at 412 8th Avenue SW, Cedar Rapids, IA 52404

$135,000

  • Studio
  • 1,129 ft²
412 8th Avenue SW #12, Cedar Rapids, IA 52404 Listing by Justin Downs

Local assessors in Cedar Rapids, IA have categorized 412 8th Avenue Southwest as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 4,792 square feet. The linear feet between the front and back of the lot was measured at 400 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 412 8th Avenue Southwest has a total of 1,129 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 778 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 412 8th Avenue Southwest was last sold in Mar 1, 2021 for $72,500. According to our calculations, that's $64.22 per sqft. Prior to that sales transaction, the property was sold for $78,000 in Apr 12, 2004. Current property owners are expected to pay $1,578 in taxes per year. The property on 412 8th Avenue Southwest was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $85,100. To break that down further, the land itself was valued at $24,200. While improvements to the property were assessed at a total of $60,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!

Building Features

Exterior

Aluminum Siding
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210117
01/17/2021
Studio
-
1129 ft²
$75,000
bedrooms
Studio
bathrooms
-
square feet
1129 ft²
$72,500 -3.33%
03/11/2021
-
Adam Green

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Multifamily
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 778
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Depth Feet: 400
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,129
  • Gross Building Area: 1,129
  • Building Area: 1,129
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,129
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THIRD
  • Land Acres: 0.11
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: MURRAY'S 3RD E 40' LOT 18 BLK 8

Ownership

  • Current Owner : UPDOWNS INVESTMENTS LLC
  • Previous Owner : SCHMITT KEVIN
  • Previous Owner 2: SCHMITT KAREN J
  • Owner Before Previous Owner: MORROW STEVEN P
  • Owner Before Previous Owner 2: MORROW DAWN D
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 04, 2024

Neighborhood

  • School District Name: Cedar Rapids Community School District
  • School Tax School District: CEDAR RAPIDS
  • Census Tract: 002200

Geography

  • Parcel: 14-28-3-32-025-0-0000
  • Block: 8
  • Lot: 18
  • Meridian: SEC 28 TWN 83N RNG 7W
  • Municipality: CEDAR RAPIDS
  • Latitude: 41.9686
  • Longitude: -91.6753

    Address

  • Full Address: 412 8th Ave Sw
  • Address - House Number: 412
  • Street Segment Direction: SW
  • Address - Street Name: 8th
  • Address - Suffix Type: Ave
  • State: IA
  • City Name: Cedar Rapids
  • Carrier Code: C020
  • 4-Digit Zip Code: 5823
  • Zip Code: 52404

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,578
  • Tax Rate Code Area: CEDAR RAPI

    Appraisal Valuation

  • Standard Deviation: 0.1591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 102,608
  • High Value: 118,941
  • Low Value: 86,275

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,000
  • First Open Lien Mortgage Lender: GREENSTATE CU
  • First Open Lien Mortgage Recording Date: Mar 11, 2021
  • First Open Lien Mortgage Loan Amount: $75,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Mar 11, 2051

    Market Valuation

  • Market Total Value: $85,100
  • Market Land Value: $24,200
  • Market Improvement Value: $60,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,100
  • Assessed Land Value: $24,200
  • Assessed Improvements Value: $60,900

    Sales

  • Current Sale Contract Date: Mar 01, 2021
  • Current Sale Recording Date: Mar 11, 2021
  • Current Sale Transaction ID: 11824539334
  • Current Sale Price: $72,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 23, 2004
  • Previous Sale Contract Date: Apr 12, 2004
  • Previous Sale Amount: $78,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GREENSTATE CU
  • First Mortgage Transaction Date: Mar 11, 2021
  • First Mortgage Loan Amount: $75,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: FLAGSTAR BANK FSB
  • Previous Mortgage Transaction Date: Apr 23, 2004
  • Previous Mortgage Loan Amount: $70,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: May 01, 2034

About Taylor



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Frequently Asked Questions

What neighborhood is 412 8th Avenue Southwest located in?
The 412 8th Avenue Southwest is a located in the neighborhood of Taylor in Taylor, Cedar Rapids.
How many listings are currently for sale in 412 8th Avenue Southwest?
There is a listing currently on the market for sale.
What is the average sales price for listings in 412 8th Avenue Southwest?
The average sales price for units in 412 8th Avenue Southwest is $75,000 , or $66/sqft. currently.

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