NOT LISTED FOR SALE

1217 74th St NE Unit 1217 Cedar Rapids, IA 52402

Estimated Value: $198,000 - $220,000

3 Beds
2 Baths
1,610 Sq Ft
$110/mo HOA Fee

Last Sold April 03, 2014

Last sale price $120,500 $75 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,525/month

112 Days on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • Eat-In Kitchen
  • Westfield Elementary School Rated A
  • 2 Car Attached Garage
  • Forced Air Cooling System

About This Home

As of April 2014

BRAND NEW CARPET AND PAINT, SPOTLESS MOVE-IN CONDITION. FIRST FLOOR HAS OFFICE/DEN TO BE USED AS BEDROOM AND POSSIBLE 4TH BEDROOM IN FINISHED SECTION OF BASEMENT. GAS FIREPLACE IN GREAT ROOM WITH BUILT-IN SURROUND, EAT-IN-KITCHEN AND FIRST FLOOR UTILITY. GREAT CONVENIENT NE LOCATION. FIRST LOOK INITIATIVE PROPERTY OWNER OCCUPIED OFFERS ELIGIBLE IMMEDIATELY, INVESTOR OFFERS ELIGIBLE AFTER 15 DAYS = 11/5/13. FORECLOSURE PROPERTY SOLD AS-IS, NO PROPERTY DISCLOSURE. LOAN PRE-APPROVAL LETTER OR PROOF OF CASH FUNDS MUST ACCOMPANY OFFER, NO EXCEPTIONS. EARNEST TO BE CASHIERS CHECK. NO SUBJECT TO SALE OFFERS ALLOWED OR WORK TO PROPERTY PRIOR TO CLOSING. PLEASE ALLOW UP TO 3 BUSINESS DAYS FOR OFFER AND COUNTER RESPONSES. HOA CONVENANTS ON MLS ATTACHMENTS. NO RENTALS ALLOWED. BASEMENT FINISHED SQUARE FOOTAGE IS APPROXIMATE. AGENTS FOR ALL SHOWINGS AND PREVIEWS PLEASE CONTACT REMAX HIAWATHA OFFICE.

Last Agent to Sell the Property

Jim Willmsen

RE/MAX CONCEPTS Listed on: 10/21/2013

RE/MAX CONCEPTS

Last Buyer's Agent

Jim Willmsen

RE/MAX CONCEPTS Listed on: 10/21/2013

RE/MAX CONCEPTS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,856

Year Built

  • 1999

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Vaulted Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,856

Year Built

1999

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1460
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2856
  • Low Lvl Fin Sq Ft: 150
  • Miscellaneous: Patio, Vaulted Ceiling
  • Net Tax: 2856
  • Other: Repo
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96477
  • Ratio Close Price By Original Li: 0.73030
  • Ratio Current Price By Sq Ft: 82.53
  • Total Sq Ft: 1610
  • Taxable Value Tv: 135758.00
  • Tax Roll Number: 113420100201019
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1999

Interior Features

  • Appliances Included: Dishwasher, Microwave, Range
  • Additional Room: 1st Floor Laundry
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Living Room
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Room Count: 6

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 441

Utilities

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

Condo/Co-op/Association

  • Association Fee: 110
  • Association: Yes

Lot Info

  • Lot Size: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2013
Closed on
Feb 25, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Demoss Kenneth D and Demoss Martha C
Seller's Agent
Jim Willmsen
RE/MAX CONCEPTS
Buyer's Agent
Jim Willmsen
RE/MAX CONCEPTS
List Price
$165,000
Sold Price
$120,500
Premium/Discount to List
-$44,500
-26.97%
Current Estimated Value
$212,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,650
Avg. Annual Appreciation
5.01%

Purchase Details

Closed on
Sep 3, 2013
Sold by
Wolf Lee Paul and Wolf Lee Sue
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 3, 2000
Sold by
Jerrys Homes Inc
Bought by
Wolf Lee Paul and Wolf Linda Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,270
Interest Rate
8.37%
Source: Public Records

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
Demoss Kenneth D -- None Available
Wells Fargo Bank Na $133,899 None Available
Wolf Lee Paul $135,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wolf Lee Paul $121,270
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2014 04/03/14 Sold $120,500 -27.0% $75 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
10/21/2013 10/21/13 For Sale $165,000 -- $102 / 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 $3,586 $187,500 $30,000 $157,500
2024 $3,896 $201,000 $28,000 $173,000
2023 $3,896 $209,100 $28,000 $181,100
2022 $3,770 $182,700 $26,000 $156,700
2021 $3,694 $182,700 $26,000 $156,700
2020 $3,694 $169,200 $22,000 $147,200
2019 $3,420 $159,000 $22,000 $137,000
2018 $3,012 $159,000 $22,000 $137,000
2017 $3,098 $147,000 $15,000 $132,000
2016 $3,091 $141,500 $15,000 $126,500
2015 $3,357 $150,135 $15,000 $135,135
2014 $3,097 $135,758 $15,000 $120,758
2013 $1,379 $135,758 $15,000 $120,758
Source: Public Records

Agents Affiliated with this Home

  • Jim Willmsen

    Seller's Agent in 2014

    Jim Willmsen

    RE/MAX

    (319) 981-7653

    68 Total Sales

    Jim Willmsen
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1307231

Cedar Rapids Area Association of REALTORS®

APN: 11342-01002-01019

Iowa Linn County Cedar Rapids 52402

1217 74th St NE Unit 1217, Cedar Rapids, IA

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