NOT LISTED FOR SALE

1790 8th Ave Marion, IA 52302

Estimated Value: $241,076 - $258,000

4 Beds
2 Baths
2,052 Sq Ft
$121/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $232,000 $113 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,714/month

31 Days on Market

Highlights

  • Deck
  • Forced Air Cooling System
  • 3 Car Garage
  • Marion High School Rated A-

About This Home

As of June 2022

ACCEPTED OFFER - Showing for back up offers - Nicely maintained. Solid established lease history. Spacious 2 bedrooms, 2 bath, hardwood floors, finished LL rec room, walk to downtown Marion for food, festivals and fun. Laundry in each unit. Sqft to be confirmed. Lower level has finished rec rooms and half baths too. 1790 is $825, and 1792 is $735. See Seller disclosure for the many updates throughout. Super clean units. Updated windows, mechanicals, flooring, baths and kitchens. Easy unit to take over and run. One renter has been there 13 years. Hurry - this looks like a house on the outside and its on Marion's Mansion Row!

Last Listed By

Amy Bishop

RE/MAX CONCEPTS Listed on: 05/06/2022

RE/MAX CONCEPTS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,774

Year Built

  • 1958

Lot Details

  • 0.25

Parking

  • 3 Car Garage

Home Design

  • 2,052 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Separate Meters

Additional Features

  • Laundry in unit
  • Deck
  • 0.25 Acre Lot

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,774

Year Built

1958

Lot Details

0

Listing Details

  • Acres: 0.2500
  • City Name: Marion
  • Gross Tax: 3774
  • List User Cell Phone: 319-270-8450
  • Miscellaneous: Basement, Deck/Patio, Garage, Parking Spaces, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water, Ten Storag, Unit Laundry
  • Net Tax: 3774
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 1.00870
  • Ratio Close Price By Original Li: 1.00870
  • Ratio Current Price By Sq Ft: 113.06
  • Total Sq Ft: 2052
  • Style St: Side/Side
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

  • Elementary School: Longfellow
  • Middle School: Vernon
  • High School: Marion

Lot Info

  • Lot Size: 10,692

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Jun 28, 2022
Sold by
Key David J and Kirk Tami
Bought by
Warner Properties Llc
Seller's Agent
Amy Bishop
RE/MAX CONCEPTS
Buyer's Agent
Amy Bishop
RE/MAX CONCEPTS
List Price
$230,000
Sold Price
$232,000
Premium/Discount to List
$2,000
0.87%
Total Days on Market
31
Current Estimated Value
$248,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,359
Avg. Annual Appreciation
3.08%
Original Mortgage
$185,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2003
Sold by
Bock Harold G and Bock Kathleen M
Bought by
Key David J and Kirk Key Tami J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.94%
Mortgage Type
Unknown

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Warner Properties Llc $232,000 None Listed On Document
Key David J $124,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warner Properties Llc $3,000,000
Closed Warner Properties Llc $185,000
Previous Owner Key David J $85,000
Previous Owner Key David J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $232,000 +0.9% $113 / Sq Ft
05/06/2022 05/06/22 For Sale $230,000 -- $112 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,954 $243,500 $21,600 $221,900
2022 $3,820 $177,700 $21,600 $156,100
2021 $3,774 $177,700 $21,600 $156,100
2020 $3,774 $166,900 $21,600 $145,300
2019 $3,658 $162,300 $21,600 $140,700
2018 $3,556 $162,300 $21,600 $140,700
2017 $3,456 $153,100 $21,600 $131,500
2016 $3,360 $151,000 $21,600 $129,400
2015 $3,346 $151,000 $21,600 $129,400
2014 $3,346 $151,000 $21,600 $129,400
2013 $3,218 $151,000 $21,600 $129,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2204054

Cedar Rapids Area Association of REALTORS®

APN: 15062-07010-00000