NOT LISTED FOR SALE

Estimated Value: $326,000 - $496,000

2 Beds
2 Baths
1,609 Sq Ft
$350/mo HOA Fee

Last Sold September 29, 2017

Last sale price $350,000 $218 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,230/month

34 Days on Market

Highlights

  • Gated Community
  • Deck
  • 2 Car Garage
  • Waterfront
  • Contemporary Architecture
  • 4-minute walk to Plaza Park

About This Home

As of September 2017

Impressive urban living with incredible downtown river views! Walking distance to restaurants, bars, amphitheater, Newbo & much more. Sophisticated open concept living room & kitchen area that boasts floor to ceiling windows, custom cabinetry, quartz countertops, tiled backsplash & stainless steel appliances. Enjoy music from the amphitheater from your private deck. Convenient in unit laundry room. Spacious master suite featuring dual sinks, ceramic shower & custom built walk-in closet. One heated garage stall #12 in the building and one garage stall #24 in the detached garage are included. Secure entrance, fenced grounds & two courtyard areas for outdoor entertaining! 8 year tax rebate remaining which lowers property taxes approximately 90% annually. $1000 start up fee for the HOA Reserve Fund due at closing. Quality and luxury throughout. Truly a must see!

Last Listed By

Jenny Skogman

SKOGMAN REALTY Listed on: 05/19/2017

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,912

Year Built

  • 2013

Lot Details

  • Waterfront

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Metal Construction or Metal Frame

Interior Spaces

  • 1,609 Sq Ft Home
  • Family Room
  • Living Room
  • Intercom

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Tuck Under Parking
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Community Storage Space
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,912

Year Built

2013

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Style: Contemporary, Loft/High-Rise, Ranch
  • Above Grade Finished Sq Ft: 1609
  • Association Fee Frequency: Month
  • Association Management: By Association, Start Up Fee
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 3rd Floor +
  • Dining Features: Breakfast Bar, Eat-In Kitchen
  • Gross Tax: 6912
  • List User Cell Phone: 319-440-1090
  • Miscellaneous: Cable Ready, Deck, Elevator, Intercom, Storage Shed
  • Net Tax: 6727
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98108
  • Ratio Close Price By Original Li: 0.98108
  • Ratio Current Price By Sq Ft: 217.53
  • Total Sq Ft: 1609
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2013

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Electric
  • Additional Room: 1st Floor Family, 1st Floor Laundry, Living Room
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Site Description: Water Front

Exterior Features

  • Construction Methods: Metal Frame
  • Exterior: Composite, Partial Brick, Steel

Garage/Parking

  • Garage/Parking: 2 Cars, Attached, Detached, Drive Under, Heated Garage

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit, Secure Storage Area, Secured Entrance
  • Association Fee: 350
  • Association: Yes

Schools

  • Elementary School: Taylor
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2017
Closed on
Sep 29, 2017
Sold by
Skogman Erick J and Skogman Padget
Bought by
Jensen Justin B
Seller's Agent
Jenny Skogman
SKOGMAN REALTY
Buyer's Agent
Christina Jensen
SKOGMAN REALTY
List Price
$356,750
Sold Price
$350,000
Premium/Discount to List
-$6,750
-1.89%
Total Days on Market
34
Current Estimated Value
$418,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,025
Avg. Annual Appreciation
3.45%
Original Mortgage
$80,000
Outstanding Balance
$24,398
Interest Rate
3.82%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Estimated Equity
$428,676

Purchase Details

Closed on
Aug 19, 2014
Sold by
Grr Dte Llc
Bought by
Skogman Erick J

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
Jensen Justin B -- None Available
Skogman Erick J $345,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jensen Justin B $80,000
Open Jensen Justin B $270,000
Previous Owner Skogman Erick J $260,000
Previous Owner Skogman Erick J $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $350,000 -1.9% $218 / Sq Ft
06/22/2017 06/22/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $356,750 -- $222 / 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 $6,758 $380,600 $55,000 $325,600
2022 $6,636 $332,700 $46,000 $286,700
2021 $6,940 $332,700 $46,000 $286,700
2020 $6,940 $326,400 $46,000 $280,400
2019 $6,852 $326,400 $46,000 $280,400
2018 $6,634 $326,400 $46,000 $280,400
2017 $6,892 $325,000 $30,000 $295,000
2016 $6,907 $325,000 $30,000 $295,000
2015 $1,164 $54,687 $30,000 $24,687
2014 $1,164 $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

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Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1705803

Cedar Rapids Area Association of REALTORS®

APN: 14282-77003-01005