NOT LISTED FOR SALE

1220 Honey Creek Way NE Cedar Rapids, IA 52402

Estimated Value: $233,000 - $245,000

3 Beds
2 Baths
1,238 Sq Ft
$95/mo HOA Fee

Last Sold July 13, 2018

Last sale price $164,000 $132 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,753/month

1 Day on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • 1 Car Attached Garage
  • Westfield Elementary School Rated A
  • L-Shaped Dining Room
  • Forced Air Cooling System

About This Home

As of July 2018

Like-new ranch condo on the NE-side. Step into this fabulously decorated unit and notice the large vaulted ceiling and open floor concept. First-floor laundry, appliances included, spacious bedrooms and master suite round out the main level features. Lower level has a nearly finished 3rd conforming bedroom that is waiting for your finishing touches. Come see this rare ranch condo under $170k built in the last decade!

Last Listed By

Mike Schulte

COLDWELL BANKER HEDGES Listed on: 06/01/2018

COLDWELL BANKER HEDGES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,691

Year Built

  • 2013

HOA Fees

  • $95 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,238 Sq Ft Home
  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room with Fireplace
  • L-Shaped Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Community Details

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,691

Year Built

2013

Lot Details

0

HOA Fees

$95 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1238
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Dining 'L'
  • Gross Tax: 3691
  • List User Cell Phone: 319-361-7091
  • Miscellaneous: Cable Ready, Patio, Vaulted Ceiling
  • Net Tax: 3691
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00923
  • Ratio Close Price By Original Li: 1.00923
  • Ratio Current Price By Sq Ft: 132.47
  • Total Sq Ft: 1238
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2013

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Family Room, Gas
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Attached
  • Garage Size: 1 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 95
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2018
Closed on
Jul 11, 2018
Sold by
Lee Amy L and Lee Brandon
Bought by
Coats Joan L
Seller's Agent
Mike Schulte
COLDWELL BANKER HEDGES
Buyer's Agent
Ann Scallon
GATEWAY ACCESS REALTY
List Price
$162,500
Sold Price
$164,000
Premium/Discount to List
$1,500
0.92%
Total Days on Market
1
Current Estimated Value
$238,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,305
Avg. Annual Appreciation
5.50%
Original Mortgage
$34,000
Outstanding Balance
$29,739
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$207,055

Purchase Details

Listed on
Apr 12, 2013
Closed on
Oct 2, 2013
Sold by
Abode Construction Inc
Bought by
Hemmer Amy L and Shedivy Monica L
Seller's Agent
Lana Thies
IOWA REALTY
Buyer's Agent
Jill Monnahan
SKOGMAN REALTY
List Price
$130,000
Sold Price
$140,970
Premium/Discount to List
$10,970
8.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.22%
Original Mortgage
$126,873
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

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
Coats Joan L $164,000 None Available
Hemmer Amy L $141,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coats Joans L $34,000
Open Coats Joan L $100,000
Previous Owner Hemmer Amy L $126,873
Previous Owner Hemmer Amy L $14,097
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2018 07/13/18 Sold $164,000 +0.9% $132 / Sq Ft
06/02/2018 06/02/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $162,500 +15.3% $131 / Sq Ft
10/04/2013 10/04/13 Sold $140,970 +8.4% $117 / Sq Ft
08/15/2013 08/15/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $130,000 -- $108 / 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 $4,042 $224,400 $35,500 $188,900
2022 $3,764 $185,700 $30,000 $155,700
2021 $3,900 $179,000 $30,000 $149,000
2020 $3,900 $174,700 $26,000 $148,700
2019 $3,544 $161,100 $26,000 $135,100
2018 $2,988 $161,100 $26,000 $135,100
2017 $2,988 $134,800 $12,000 $122,800
2016 $3,015 $134,800 $12,000 $122,800
2015 $2,845 $127,068 $12,000 $115,068
2014 $2,650 $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1803845

Cedar Rapids Area Association of REALTORS®

APN: 11273-80002-01007