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Sold for $61,177
  • $61,177

    371 16th St SE, Cedar Rapids, IA 52403

    5beds
    1,674sqft
    Single Family Residence
    Built in 1905
    2,613.6 Square Feet Lot
    $126,600 Zestimate®
    $37/sqft
    $1,455 Estimated rent

    Home value

    $126,600

    $108,000 - $146,000

    $1,455/mo

    Zestimate® history
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    $1,455/mo

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    $1,455/mo

    Rent Zestimate®

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    $337/mo

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    $337/mo

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    What's special

    Calling all savvy investors! Prepare to embark on a thrilling real estate adventure with this hidden gem. This 5-bedroom home is a jackpot waiting to be claimed, offering a plethora of opportunities to maximize your returns. The easy-to-maintain yard is a dream come true for busy investors who want to spend less time on upkeep and more time counting their profits. Sit back, relax, and watch your investment flourish while others toil away in their gardens. The open front porch sets the stage for a warm and welcoming entrance. Picture yourself sipping lemonade and engaging in friendly banter with potential tenants or buyers, as they fall head over heels for the charm and potential of this property. Step inside and be captivated by the open floor plan that invites endless possibilities. The breakfast bar serves as a social hub, where residents can mingle, share stories, and create memories. The dining area offers the perfect backdrop for elegant dinner parties or casual gatherings, ensuring every tenant feels right at home. Don't underestimate the power of a large pantry! This hidden treasure provides ample storage space, allowing tenants to stock up on their favorite goodies without sacrificing valuable countertop real estate. As you ascend to the second floor, you'll discover three bedrooms and a full bathroom, providing comfort and privacy for your future tenants. And the excitement doesn't end there! The third floor unveils two additional bedrooms, making this home a lucrative investment opportunity for accommodating larger families or groups. Get ready to turn this canvas into a masterpiece. With your financial prowess and a touch of imagination, you can transform this property into a highly sought-after residence that will have tenants lining up at your door. So, put on your investor cap, buckle up, and get ready to embark on a fun-filled journey that promises both laughter and financial success. This opportunity won't last long, so seize the day and let your investment dreams soar to new heights! Buyer should verify the finished sq. ft. This is a foreclosure property and the following is required - please allow 48 Business Hours On Response Time For Offers. As-Is Addendum Included In The Supplemental Docs must accompany any offer. Also *Note, any lender letter must state that the appraisal is an As Is appraisal and no repairs will be required.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jill Monnahan 319-981-1409,

    SKOGMAN REALTY,

    Jacey Slaton 319-551-2361,

    SKOGMAN REALTY

    Bought with:

    Curtis Cleveland

    Realty87

    Source: CRAAR, CDRMLS,MLS#: 2304472MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 1
    • Full bathrooms: 1
    Other
    • Level: Second
    Features
    • Breakfast Bar, Dining Area, Eat-in Kitchen, Kitchen/Dining Combo, Upper Level Primary
    • Basement: Full
    Interior area
    • Total interior livable area: 1,674 sqft
    • Finished area above ground: 1,674
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: None
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 2,613 sqft
    • Dimensions: 45 x 60
    Details
    • Parcel number: 142228403800000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Two Story
    • Property subtype: Single Family Residence
    Materials
    • Frame, Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1905

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Cedar Rapids

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    7/24/2024Listing removed--
    Source: Zillow Rentals Report a problem
    7/2/2024Listed for rent$1,600$1/sqft
    Source: Zillow Rentals Report a problem
    8/11/2023Sold$61,177+2.1%$37/sqft
    Source: CRAAR, CDRMLS #2304472 Report a problem
    7/18/2023Pending sale$59,900$36/sqft
    Source: CRAAR, CDRMLS #2304472 Report a problem
    7/13/2023Listed for sale$59,900-26.5%$36/sqft
    Source: CRAAR, CDRMLS #2304472 Report a problem
    3/8/2019Sold$81,500+3.2%$49/sqft
    Source: CRAAR, CDRMLS #1900532 Report a problem
    1/16/2019Listed for sale$78,950+125.6%$47/sqft
    Source: Skogman Realty #1900532 Report a problem
    12/21/2011Listing removed$35,000$21/sqft
    Source: Skogman Realty #1104536 Report a problem
    9/9/2011Price change$35,000-12.5%$21/sqft
    Source: Skogman Realty #1104536 Report a problem
    6/29/2011Listed for sale$40,000+15.9%$24/sqft
    Source: Skogman Realty #1104536 Report a problem
    6/26/2009Sold$34,500$21/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,082 +15.7%$136,600 +18.8%
    2024$1,800 -7.3%$115,000 +13.1%
    2023$1,942 +14.2%$101,700 +10.4%
    2022$1,700 -1%$92,100 +12.2%
    2021$1,718 $82,100 +5.4%
    2020-- $77,900
    2019-- --
    2018$972 --
    2017$972 -5.6%$47,300
    2016$1,030 +2.4%$47,300 -10.7%
    2015$1,006 -10.7%$52,942
    2014$1,126 +2.2%$52,942
    2013$1,102 +30.6%$52,942 +20.5%
    2012$844 $43,949
    2011-- $43,949
    2010$790 $43,949 -1.6%
    2008-- $44,668
    2007-- $44,668 +16.4%
    2005-- $38,386 -19.8%
    2004-- $47,844
    2003-- $47,844 +11.4%
    2002-- $42,933 +14%
    2001-- $37,660
    2000-- $37,660

    Find assessor info on the county website

    Neighborhood: Wellington Heights

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Johnson
    • Middle: McKinley
    • High: Washington

    Source: CRAAR, CDRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $126,600
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    With Zillow Showcase(estimated)
    $129,132