$170,000
$175,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
1,120 SqFt
SOLD DATE : 03/14/2025
Key Details
Sold Price $170,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,120 sqft
Price per Sqft $151
Subdivision Na
MLS Listing ID 202500967
Sold Date 03/14/25
Style Two Stories
Bedrooms 3
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 1,120
Year Built 2009
Annual Tax Amount $2,270
Tax Year 2024
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 60 X 60
Property Sub-Type Single Family Residence
Property Description
This three-bedroom one bath slab home has been run as a fully furnished VRBO since 2019. It is a popular spot for traveling nurses, contractors, and parents visiting students or family in town. In 2022 solar panels were added to the home because it is a 100% electric home. The property has had very consistent activity as a VRBO and since I started using it in this way it has produced just over 80K in revenue with an average booking price of 112.00 per/night. We have had over 100 bookings and been filled over 784 nights. Most recently it was rented for 2,500.00 per/mo. by tenants who had a house fire in Cedar Rapids. They were there for just over 9 months in 2024. The home is going to be sold as a fully furnished home with all amenities included, three-bedrooms, 1 bathroom, washer/dryer, 3 TV's, fully stocked kitchen, two car attached garage. The contents of the home I have valued at just over 5K. It has been a good VRBO property I'm simply reducing my inventory this year.
Location
State IA
County Linn
Zoning Residential
Direction North 380, exit 5th Ave Diagnon Dr, go to the right, right on 9th St, left on 9th ave
Rooms
Basement Slab
Interior
Interior Features Other, Kit Dining Rm Comb
Heating Electric, Solar
Fireplaces Type None
Appliance Dishwasher, Microwave, Range Or Oven, Refrigerator, Dryer, Washer
Laundry Lower Level
Exterior
Exterior Feature Patio
Parking Features Attached Garage
Community Features Other
Utilities Available City Sewer, City Water
Total Parking Spaces 2
Building
Lot Description Less Than Half Acre
Structure Type Vinyl,Frame
New Construction No
Schools
Elementary Schools Grantwood Cr
Middle Schools Mckinley
High Schools Washington
Others
Tax ID 14272-29002-00000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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