728 4th Ave SE, Cedar Rapids, IA, 52401

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

728 4th Ave SE, Cedar Rapids$160,000

Buyer Closing Credits

$1,900^*

1.25% Loan Amount

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeMulti Family

ParkingParking Space(s)

Year Built1900

HeatingForced Air

CoolingCentral Air

MLS #2406902

Lot Size0.09 Acres

StatusActive

About 728 4th Ave SE

FULLY LEASED 5 Unit property with one 1 Bed/1 Bath on the main level and 4 efficiency units with shared bathroom. Long term tenant in 1 Bedroom unit for $472.00. Efficiencies leased out at $395 per month. Gross rents for this building $2052.00. Boiler less than 2 years old. Recently painted and newer flooring. Metal roof. Shared laundry in adjacent building. Owner pays all utilities. Must be purchased with adjacent property 317 8th St SE, Cedar Rapids MLS #2406835 parcel 14214-80002-00000. 24 hour notice for the occupied unit.

View More

Property Details

Property Features

Property Information:

• Year Built: 1900
• Living Area: 1,960 SqFt

Listing Office:

• Office Name: Pinnacle Realty LLC
• Office Phone: (319) 393-0900
• Listing Agent: Bryant Nicholson

Exterior Features

Parking Information:

• Parking: Parking Space(s)

Virtual/3D Tour

• Virtual Tour: 728 4th Ave SE

Virtual Tour

Lot Features

Lot Information:

• Lot Size: 0.09 Acres

Utilities

Utilities Information:

• Heating: Forced Air
• Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

• List Price: $160,000
• Price Per SqFt: $82/SqFt

Tax Information:

• Annual Amount: $1,608
• Tax Year: 2020

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

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

Cedar Rapids, IA

City

Med. Sold Price

$197.7K

Med. Price/SqFt

$127

Avg. Days On Market

24

# of Sold Homes

150

728 4th Ave SE vs Cedar Rapids

48 DAYS ON ROCKET

+24 Days

$160,000

-$37.7K Less

$82/SqFt

-$46 Less

KEY TAKEAWAY

This property is $37.7K less than the Median Sold Price and $46/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: #2406902

Listing Office:

• Office Name: Pinnacle Realty LLC
• Office Phone: (319) 393-0900
• Listing Agent: Bryant Nicholson

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: 11/21/2024, 6:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$1,608	$56,900
2018	$1,498	$46,500

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$866

Per Month

Principal & Interest

$799

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Iowa›Linn County›Cedar Rapids›52401›728 4th Ave SE

This home is located at 728 4th Ave SE in Cedar Rapids, IA and zip code 52401 in the Oakhill Jackson neighborhood. This 1,960 square foot home, which was built in 1900, sits on a 0.09 acre lot. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $160,000.

Cedar Rapids, IA housing market in October 2024 saw over 37 listings sold above listed price, more than 34 sold at listed price and over 79 sold below. The inventory of homes for sale in Cedar Rapids, IA between September 2024 and October 2024 increased by 0.6%. In October 2024 median list price was $197,732 and the average listing age was 24 days.

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