NOT LISTED FOR SALE

1509 Aspen Cir SE Cedar Rapids, IA 52403

Estimated Value: $989,000 - $1,036,000

1.04 Acres
$967,126 Price per Acre
45,302 Sq Ft Lot

Last Sold April 15, 2021

Last sale price $108,000

Est. 831% increase in value since last sale

Current estimated payment $6,973/month

308 Days on Market

About This Lot

As of April 2021

This home is located at 1509 Aspen Cir SE, Cedar Rapids, IA 52403 since 11 February 2020 and is currently estimated at $1,005,811. 1509 Aspen Cir SE is a home located in Linn County with nearby schools including Wilkins Elementary School, Excelsior Middle School, and Linn-Mar High School.

Last Agent to Sell the Property

Beth Mackey

Realty87 Listed on: 02/11/2020

Realty87

Last Buyer's Agent

Beth Mackey

Realty87 Listed on: 02/11/2020

Realty87

Property Details

Property Type

  • Land

Lot Details

  • 1.04 Acre Lot
  • Wooded Lot

HOA Fees

  • $150 Monthly HOA Fees

Utilities

  • Gas Available

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Acres: 1.0400
  • Association Fee Frequency: Month
  • Association Management: By Association
  • City Name: Cedar Rapids
  • Current Zoning: Res
  • Gross Tax: 2709
  • List User Cell Phone: 319-491-6388
  • Net Tax: 2709
  • Property Sub Types: Residential Lot
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.90000
  • Ratio Close Price By Original Li: 0.86400
  • Water Sewer Roads: City Sewer, City Water, Paved
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Site Description: Walk Out, Wooded

Utilities

  • Utilities: Electric, Gas

Condo/Co-op/Association

  • Association Fee: 150
  • Association: Yes

Lot Info

  • Lot Size: 1.04 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2022
Sold by
K & A Homes Llp
Bought by
Brown Adam Richard and Brown Brittany Joy
Current Estimated Value
$1,005,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,185
Outstanding Balance
$751,315
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$254,496

Purchase Details

Listed on
Feb 11, 2020
Closed on
Apr 15, 2021
Sold by
Lakeside Development Company Inc
Bought by
K & A Homes Llc
Seller's Agent
Beth Mackey
Realty87
Buyer's Agent
Beth Mackey
Realty87
List Price
$120,000
Sold Price
$108,000
Premium/Discount to List
-$12,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.26%
Original Mortgage
$495,000
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Brown Adam Richard $984,000 River Ridge Escrow
K & A Homes Llc $108,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Adam Richard $787,185
Previous Owner K & A Homes Llc $495,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2021 04/15/21 Sold $108,000 -10.0% --
12/15/2020 12/15/20 Pending -- -- --
09/25/2020 09/25/20 Price Changed $120,000 0.0% --
09/25/2020 09/25/20 For Sale $120,000 +11.1% --
08/10/2020 08/10/20 Off Market $108,000 -- --
02/11/2020 02/11/20 For Sale $125,000 -- --
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 $18,126 $981,800 $190,900 $790,900
2024 $6,900 $993,100 $190,900 $802,200
2023 $6,900 $935,600 $190,900 $744,700
2022 $2,668 $301,900 $150,700 $151,200
2021 $2,830 $120,500 $120,500 $0
2020 $2,830 $120,500 $120,500 $0
2019 $2,800 $120,500 $120,500 $0
2018 $2,680 $120,500 $120,500 $0
2017 $2,696 $120,500 $120,500 $0
2016 $2,696 $120,500 $120,500 $0
2015 $2,720 $121,500 $121,500 $0
2014 $2,720 $279 $279 $0
2013 $6 $279 $279 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Beth Mackey

    Realty87

    (319) 491-6388

    139 Total Sales

    Beth Mackey
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2001081

Cedar Rapids Area Association of REALTORS®

APN: 15183-01011-00000

Iowa Linn County Cedar Rapids 52403

1509 Aspen Cir SE, Cedar Rapids, IA

Not Listed for Sale

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