NOT LISTED FOR SALE

1411 Edgewood Rd NW Unit 3 Cedar Rapids, IA 52405

Estimated Value: $85,000 - $94,000

2 Beds
1 Bath
860 Sq Ft
$170/mo HOA Fee

Last Sold August 03, 2017

Last sale price $56,000 $65 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $694/month

13 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Main Floor Primary Bedroom
  • John F. Kennedy High School Rated A-
  • Vaulted Ceiling
  • Forced Air Cooling System

About This Home

As of August 2017

Cute, updated condo ready to move in! This 3rd floor condo features vaulted ceilings with sky lights, rustic wood accent wall, charming kitchen including white cabinetry, glass tile backsplash, tile flooring & bronze accents, nicely finished bath plus stacking washer / dryer within condo! Great opportunity for first time home buyer or investor! Recently rented for $740 per month.

Last Agent to Sell the Property

Molly Trimble

LEPIC-KROEGER CORRIDOR, REALTORS Listed on: 06/22/2017

LEPIC-KROEGER CORRIDOR, REALTORS

Last Buyer's Agent

Lisa Nolan

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,029

Year Built

  • 1975

HOA Fees

  • $170 Monthly HOA Fees

Home Design

  • Frame Construction

Interior Spaces

  • 860 Sq Ft Home
  • Vaulted Ceiling

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Deck
  • Wooded Lot
  • Forced Air Cooling System

Community Details

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,029

Year Built

1975

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Above Grade Finished Sq Ft: 860
  • Association Fee Frequency: Month
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 3rd Floor +
  • Gross Tax: 1029
  • List User Cell Phone: 319-430-8661
  • Miscellaneous: Deck, Vaulted Ceiling
  • Net Tax: 1029
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96718
  • Ratio Close Price By Original Li: 0.96718
  • Ratio Current Price By Sq Ft: 65.12
  • Total Sq Ft: 860
  • Taxable Value Tv: 48400.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1975

Interior Features

  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 5
  • Site Description: Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Utilities

  • Heating Cooling: Central Air, Forced Air

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit
  • Association Fee: 170
  • Association: Yes

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2017
Closed on
Aug 1, 2017
Sold by
Opm Ventures Llc
Bought by
Marcketti James W
Seller's Agent
Molly Trimble
LEPIC-KROEGER CORRIDOR, REALTORS
Buyer's Agent
Lisa Nolan
RE/MAX CONCEPTS
List Price
$57,900
Sold Price
$56,000
Premium/Discount to List
-$1,900
-3.28%
Current Estimated Value
$90,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,444
Avg. Annual Appreciation
5.80%

Purchase Details

Closed on
Jan 24, 2015
Sold by
Lowa Corridor Properties Llc and Mize Brandon Lesley
Bought by
Opm Ventures Llc

Purchase Details

Listed on
Mar 3, 2014
Closed on
Jul 22, 2014
Sold by
Reeves Levi T and Reeves Maggie Lee
Bought by
Iowa Corridor Properties Llc and Maze Branson Lesley
Seller's Agent
Paul Pate
SKOGMAN REALTY
Buyer's Agent
Paul Pate
SKOGMAN REALTY
List Price
$59,900
Sold Price
$49,500
Premium/Discount to List
-$10,400
-17.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%
Original Mortgage
$49,213
Interest Rate
4.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 29, 2007
Sold by
Kielkopf Joel Blaine
Bought by
Reeves Levi T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marcketti James W -- None Available
Opm Ventures Llc -- None Available
Iowa Corridor Properties Llc $49,500 None Available
Reeves Levi T $61,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iowa Corridor Properties Llc $49,213
Previous Owner Reeves Levi T $61,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2017 08/03/17 Sold $56,000 -3.3% $65 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
06/22/2017 06/22/17 For Sale $57,900 +17.0% $67 / Sq Ft
07/22/2014 07/22/14 Sold $49,500 -17.4% $58 / Sq Ft View Prior Sale
06/22/2014 06/22/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $59,900 -- $70 / 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 $590 $73,100 $10,000 $63,100
2024 $686 $72,800 $10,000 $62,800
2023 $686 $72,800 $10,000 $62,800
2022 $810 $65,700 $10,000 $55,700
2021 $332 $56,000 $8,000 $48,000
2020 $332 $53,600 $8,000 $45,600
2019 $942 $52,200 $8,000 $44,200
2018 $1,014 $52,200 $8,000 $44,200
2017 $1,204 $48,300 $8,000 $40,300
2016 $1,204 $56,600 $8,000 $48,600
2015 $1,290 $60,614 $8,000 $52,614
2014 $1,290 $60,614 $8,000 $52,614
2013 $1,262 $60,614 $8,000 $52,614
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1706513

Cedar Rapids Area Association of REALTORS®

APN: 14192-52012-01002