NOT LISTED FOR SALE

1027 Acacia Dr NE Cedar Rapids, IA 52402

Estimated Value: $226,655 - $240,000

2 Beds
1.5 Baths
1,773 Sq Ft
$65/mo HOA Fee

Last Sold August 02, 2012

Last sale price $139,000 $78 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,675/month

591 Days on Market

Highlights

  • New Construction
  • Deck
  • 2 Car Attached Garage
  • Westfield Elementary School Rated A
  • L-Shaped Dining Room
  • Forced Air Cooling System

About This Home

As of August 2012

THIS SIDE BY SIDE DUPLEX GENEVA PLAN IS LOCATED IN THE NEW CRESCENT VIEW NORTH EAST SIDE DEVELOPMENT. THERE ARE 2 BEDROOMS AND 1.5 BATHROOMS WITH OVER 1300 SQ. FT. OF LIVING SPACE ON THE MAIN LEVEL. THERE IS A FINISHED REC ROOM IN THE LOWER LEVEL. THIS IS A GREAT 2 STORY UNIT WITH A LOFT AREA ON THE SECOND FLOOR. THIS UNIT IS ENERGY STAR CERTIFIED. THE BUILDER HAS MADE SELECTIONS FROM A HIGH QUALITY GROUP OF PRODUCTS. THE DECOR IS NEUTRAL AND BEAUTIFUL. FLOOR PLAN FOR THIS UNIT IS ATTACHED. THERE IS A $120 ASSOCIATION START UP FEE.

Last Agent to Sell the Property

Lana Thies

IOWA REALTY Listed on: 11/15/2010

Last Buyer's Agent

Lana Thies

IOWA REALTY Listed on: 11/15/2010

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,370

Year Built

  • 2010

HOA Fees

  • $65 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • L-Shaped Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Community Details

Overview

  • Built by ABODE CONSTRUCT

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,370

Year Built

2010

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1343
  • Association Fee Frequency: Month
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Dining 'L'
  • List User Cell Phone: 319-361-9090
  • Low Lvl Fin Sq Ft: 430
  • Miscellaneous: Cable Ready, Deck
  • New Construction: Yes
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.03039
  • Ratio Close Price By Original Li: 1.04511
  • Ratio Current Price By Sq Ft: 103.50
  • R Value Ceiling: 46.0000
  • R Value Sidewalls: 19.0000
  • Total Sq Ft: 1773
  • Tax Roll Number: 1027 ACACIA DR NE
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: RES
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2010

Interior Features

  • Appliances Included: Dishwasher, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 65

Schools

  • Elementary School: Westfield
  • Middle School: Oak Ridge
  • High School: Linn Mar

Lot Info

  • Lot Size: COMMON

Building Info

  • Builder Name: ABODE CONSTRUCT

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2010
Closed on
Jul 26, 2012
Sold by
Abode Construction Inc
Bought by
Kompella Ravikanth V and Kovvuri Vani Annapurna
Seller's Agent
Lana Thies
IOWA REALTY
Buyer's Agent
Lana Thies
IOWA REALTY
List Price
$133,000
Sold Price
$139,000
Premium/Discount to List
$6,000
4.51%
Current Estimated Value
$235,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,914
Avg. Annual Appreciation
4.10%
Original Mortgage
$111,200
Outstanding Balance
$74,077
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$161,837
Source: Public Records

Range of Values:

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Average Value
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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
Kompella Ravikanth V $139,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kompella Ravikanth V $111,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2012 08/02/12 Sold $139,000 +4.5% $78 / Sq Ft
06/28/2012 06/28/12 Pending -- -- --
11/15/2010 11/15/10 For Sale $133,000 -- $75 / 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
2025 $4,370 $222,700 $35,500 $187,200
2024 $3,756 $233,500 $35,500 $198,000
2023 $3,756 $233,500 $35,500 $198,000
2022 $3,526 $173,200 $30,000 $143,200
2021 $3,646 $168,200 $30,000 $138,200
2020 $3,646 $163,900 $26,000 $137,900
2019 $3,474 $158,100 $26,000 $132,100
2018 $3,132 $158,100 $26,000 $132,100
2017 $3,179 $142,100 $12,000 $130,100
2016 $3,179 $142,100 $12,000 $130,100
2015 $3,053 $136,373 $12,000 $124,373
2014 $2,858 $136,373 $12,000 $124,373
2013 $2,760 $136,373 $12,000 $124,373
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1008552

Cedar Rapids Area Association of REALTORS®

APN: 11273-80002-01001