NOT LISTED FOR SALE

1521 Oak Ridge Ln SE Unit 1 Cedar Rapids, IA 52403

Estimated Value: $96,000 - $156,000

2 Beds
3 Baths
1,582 Sq Ft
$80/mo HOA Fee

Last Sold October 31, 2012

Last sale price $78,500 $50 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $899/month

8 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Cul-De-Sac
  • Recreation Room with Fireplace
  • 1 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of October 2012

One of a kind-Main Floor Condo with a finished lower level. On a secluded cul-de-sac with mature shade trees, this building has a secure entry and intercom system. This 'Owner's Suite' Accepts Pets and has plenty of indoor and outdoor space. The main floor is a 2BR/2BA with new paint and flooring, stone fireplace in the living room, newer furnace & water heater, and Kitchen comes with all appliances. Access your own private deck through a separate entry just off kitchen. Over 700 feet finished in the lower level family room with a second fireplace, 3rd bedroom area, 3rd bathroom and new bamboo flooring. The laundry room comes with washer & dryer and a huge 10' x 30' ft unfinished storage room with work bench area. Also the bright lower level has a private walkout to a sun drenched stone patio. Off street parking spot and one-stall garage with auto opener and keypad. Low association fees. Home Warranty.

Last Listed By

Robert Young

SKOGMAN REALTY Listed on: 07/13/2012

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,424

Year Built

  • 1977

Lot Details

  • Cul-De-Sac

HOA Fees

  • $80 Monthly HOA Fees

Home Design

  • Frame Construction
  • Stone Exterior Construction

Interior Spaces

  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Recreation Room with Fireplace

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,424

Year Built

1977

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Above Grade Finished Sq Ft: 846
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 1424
  • List User Cell Phone: 319-310-2828
  • Low Lvl Fin Sq Ft: 736
  • Miscellaneous: Cable Ready, Deck, Home Warranty, Patio
  • Net Tax: 1310
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99367
  • Ratio Close Price By Original Li: 0.99367
  • Ratio Current Price By Sq Ft: 92.79
  • Total Sq Ft: 1582
  • Tax Roll Number: 142617602701000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1977

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Rec Room
  • Basement: Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Living Room, Rec Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Cul-De-Sac

Exterior Features

  • Construction Methods: Frame
  • Exterior: Stone, Wood

Garage/Parking

  • Garage/Parking: 1 Car, Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 80

Schools

  • Elementary School: Erskine
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: COMMON

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2012
Closed on
Oct 31, 2012
Sold by
Chabot W June and Walden Sydney
Bought by
Levi Elizabeth
Seller's Agent
Robert Young
SKOGMAN REALTY
Buyer's Agent
Robert Young
SKOGMAN REALTY
List Price
$79,000
Sold Price
$78,500
Premium/Discount to List
-$500
-0.63%
Total Days on Market
8
Current Estimated Value
$121,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,121
Avg. Annual Appreciation
4.23%
Original Mortgage
$62,800
Outstanding Balance
$44,789
Interest Rate
3.32%
Mortgage Type
New Conventional
Estimated Equity
$87,353

Purchase Details

Closed on
Aug 4, 2005
Sold by
Franck Nancy L and Estate Of Wayne D Mcneal
Bought by
Shayer Leota L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac

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
Levi Elizabeth $78,500 None Available
Shayer Leota L $71,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levi Elizabeth $62,800
Previous Owner Chabot W June $74,100
Previous Owner Shayer Leota L $68,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2012 10/31/12 Sold $78,500 -0.6% $50 / Sq Ft
07/21/2012 07/21/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $79,000 -- $50 / 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 $1,694 $90,400 $10,000 $80,400
2022 $1,662 $89,200 $10,000 $79,200
2021 $1,702 $89,200 $10,000 $79,200
2020 $1,702 $85,700 $10,000 $75,700
2019 $1,664 $85,700 $10,000 $75,700
2018 $1,496 $85,700 $10,000 $75,700
2017 $1,645 $77,100 $7,500 $69,600
2016 $1,645 $77,400 $7,500 $69,900
2015 $1,653 $77,682 $7,500 $70,182
2014 $1,468 $77,682 $7,500 $70,182
2013 $1,432 $77,682 $7,500 $70,182
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1205297

Cedar Rapids Area Association of REALTORS®

APN: 14261-76027-01000