NOT LISTED FOR SALE

1232 Honey Creek Way NE Cedar Rapids, IA 52402

Estimated Value: $242,732 - $271,000

2 Beds
2 Baths
1,569 Sq Ft
$130/mo HOA Fee

Last Sold October 14, 2022

Last sale price $228,000 $145 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,841/month

51 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Ranch Style House
  • Westfield Elementary School Rated A
  • Vaulted Ceiling
  • Great Room

About This Home

As of October 2022

Seller is offering a $2,000 closing cost credit to the buyer. Spacious Abode built condo, featuring an open floor plan, vaulted ceilings, main floor laundry, stainless appliances, primary suite with bathroom and large walk-in closet, a 2nd bedroom and 2nd full bathroom. Lower level includes a rec room and plenty of storage space. A 3rd bedroom and 3rd full bathroom could be finished in the lower level. Deck off the back of the home and nice green space between buildings. Convenient location, nice finishes, and well maintained. Special financing incentives available on this property from SIRVA Mortgage. Don’t miss this one! Association has a start up fee of $120 plus 1st month condo dues.

Last Agent to Sell the Property

Sheila King

SKOGMAN REALTY Listed on: 07/12/2022

Last Buyer's Agent

Bev Moser

Realty87

Realty87

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,240

Year Built

  • 2014

HOA Fees

  • $130 Monthly HOA Fees

Home Design

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

Interior Spaces

  • Vaulted Ceiling
  • Great Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

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 Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Community Details

Overview

  • Built by Abode

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,240

Year Built

2014

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1260
  • Association Fee Frequency: Month
  • Association Management: By Association, By Prop Mgmt., Start Up Fee
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 4240
  • List User Cell Phone: 319-213-0779
  • Low Lvl Fin Sq Ft: 309
  • Miscellaneous: Cable Ready, Deck, Vaulted Ceiling
  • Net Tax: 4041
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99130
  • Ratio Close Price By Original Li: 0.97021
  • Ratio Current Price By Sq Ft: 180.95
  • Total Sq Ft: 1569
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2014

Interior Features

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

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Stone, Vinyl

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Lawncaresnowremovalincluded
  • Association Fee: 130
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Common

Building Info

  • Builder Name: Abode

Rental Info

  • Pets: # Of Pets Allowed, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2022
Sold by
Bishop Alexander C
Bought by
Paulson David D and Paulson Laura J
Current Estimated Value
$254,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,200
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2014
Closed on
Nov 18, 2014
Sold by
Abode Construction Inc
Bought by
Bishop Alexander C
Seller's Agent
Lana Thies
IOWA REALTY
Buyer's Agent
Debra Callahan
RE/MAX CONCEPTS
List Price
$153,900
Sold Price
$164,793
Premium/Discount to List
$10,893
7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%
Original Mortgage
$130,400
Interest Rate
3.87%
Mortgage Type
Closed End Mortgage
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
Paulson David D $228,000 Stewart Title Guaranty Company
Bishop Alexander C $165,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paulson David D $205,200
Previous Owner Bishop Alexander C $130,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2022 10/14/22 Sold $228,000 -0.9% $145 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
07/26/2022 07/26/22 Price Changed $230,000 -2.1% $147 / Sq Ft
07/12/2022 07/12/22 For Sale $235,000 +42.6% $150 / Sq Ft
11/21/2014 11/21/14 Sold $164,793 +7.1% $131 / Sq Ft View Prior Sale
09/05/2014 09/05/14 Pending -- -- --
03/18/2014 03/18/14 For Sale $153,900 -- $122 / 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 $4,340 $245,400 $35,500 $209,900
2024 $4,174 $232,000 $35,500 $196,500
2023 $4,174 $232,000 $35,500 $196,500
2022 $3,888 $191,500 $30,000 $161,500
2021 $4,030 $184,600 $30,000 $154,600
2020 $4,030 $180,200 $26,000 $154,200
2019 $3,658 $166,000 $26,000 $140,000
2018 $3,578 $166,000 $26,000 $140,000
2017 $3,557 $159,000 $12,000 $147,000
2016 $3,557 $159,000 $12,000 $147,000
2015 -- $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: 2205999

Cedar Rapids Area Association of REALTORS®

APN: 11273-80002-01023