NOT LISTED FOR SALE

111 Cottage Grove Ave SE Unit 503 Cedar Rapids, IA 52403

Bever Park Neighborhood

Estimated Value: $256,000 - $371,000

2 Beds
2 Baths
1,903 Sq Ft
$225/mo HOA Fee

Last Sold June 15, 2015

Last sale price $250,000 $131 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,512/month

262 Days on Market

Highlights

  • Gated Community
  • Ranch Style House
  • Eat-In Kitchen
  • Deck
  • Formal Dining Room
  • Intercom

About This Home

As of June 2015

This fifth floor unit has a western facing view of the downtown skyline. The unit has hardly been lived in but has been nicely updated. Some of the great features include: new Pella windows through-out, the kitchen has been remodeled and greatly improved with its generous storage, granite slab counters and backsplash, deep bowl sink and stainless appliance package. The master bath has a large walk-in tiled shower and is also nicely updated. There is extensive hardwood flooring throughout including the office. Walls are neutrally painted and help make this space a very comfortable place to call home as well as entertain. Wonderful location with easy access to downtown, shopping and major employers.

Last Agent to Sell the Property

Joy Seyfer

SKOGMAN REALTY Listed on: 08/31/2014

SKOGMAN REALTY

Last Buyer's Agent

Cory Rath

KW Advantage

KW Advantage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,108

Year Built

  • 1994

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Slab Foundation
  • Masonry

Interior Spaces

  • 1,903 Sq Ft Home
  • Formal Dining 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
  • Garage Door Opener

Utilities

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

Additional Features

  • Deck
  • Irrigation

Community Details

  • Gated Community
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,108

Year Built

1994

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1903
  • Association Fee Frequency: Month
  • Association Management: By Association
  • 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, Formal Dining
  • Gross Tax: 5108
  • List User Cell Phone: 319-360-6753
  • Miscellaneous: Cable Ready, Deck, Elevator, Intercom, Irrigation System
  • Net Tax: 5108
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96191
  • Ratio Close Price By Original Li: 0.90909
  • Ratio Current Price By Sq Ft: 131.37
  • Total Sq Ft: 1903
  • Tax Roll Number: 141547600301015
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1994

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Basement: Slab
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Masonry

Garage/Parking

  • Garage/Parking: 2 Cars, Drive Under

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Elevator, Secured Entrance
  • Association Fee: 225
  • Association: Yes

Schools

  • Elementary School: Arthur
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2014
Closed on
Jun 12, 2015
Sold by
Hladky Joseph F and The Joseph F Hladky Iii Revoca
Bought by
Goedken Laura J
Seller's Agent
Joy Seyfer
SKOGMAN REALTY
Buyer's Agent
Cory Rath
KW Advantage
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Current Estimated Value
$340,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,928
Avg. Annual Appreciation
3.62%
Original Mortgage
$200,000
Outstanding Balance
$82,108
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$276,609

Purchase Details

Closed on
Dec 22, 2010
Sold by
Hladky Joseph F
Bought by
Hladky Joseph F

Purchase Details

Closed on
Jul 14, 2010
Sold by
Peters Charles M and Peters Mary Ann
Bought by
Hladky Joseph F

Purchase Details

Closed on
Dec 11, 2001
Sold by
Pmx Industries Inc
Bought by
Peters Charles M and Peters Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.6%
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
Goedken Laura J $250,000 None Available
Hladky Joseph F -- None Available
Hladky Joseph F $244,500 None Available
Peters Charles M $234,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goedken Laura J $200,000
Previous Owner Hladky Joseph F $600,000
Previous Owner Peters Charles M $150,000
Previous Owner Peters Charles M $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2015 06/15/15 Sold $250,000 -9.1% $131 / Sq Ft
05/20/2015 05/20/15 Pending -- -- --
08/31/2014 08/31/14 For Sale $275,000 -- $145 / 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 $5,056 $320,500 $49,000 $271,500
2022 $4,634 $248,600 $35,000 $213,600
2021 $5,222 $232,700 $35,000 $197,700
2020 $5,222 $245,300 $35,000 $210,300
2019 $5,186 $249,100 $35,000 $214,100
2018 $4,710 $249,100 $35,000 $214,100
2017 $5,290 $251,400 $10,500 $240,900
2016 $5,135 $241,600 $10,500 $231,100
2015 $5,220 $245,340 $10,500 $234,840
2014 $5,220 $245,340 $10,500 $234,840
2013 $5,108 $245,340 $10,500 $234,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1406068

Cedar Rapids Area Association of REALTORS®

APN: 14154-76003-01015