$43,000
SOLD JUL 8, 2016

1521 Oak Ridge Ln SE Unit 3 Cedar Rapids, IA 52403

2 Beds
2 Baths
894 Sq Ft
1977 Built

Recently Sold

$48 Per Sq Ft

20% Below List Price

160 Days on Market

Highlights

  • Gated Community
  • L-Shaped Dining Room
  • Cul-De-Sac
  • Ranch Style House
  • Detached Garage
  • Forced Air Cooling System

About This Home

As of December 2019

Affordable Condo For You. Features Include: Newly Painted, New Flooring Throughout, Built in Fireplace, Nice Dining Area, Master Bedroom With Bath. Private Laundry in The Huge Bonus Room in the Basement Which Is Ideal For Your Storage Needs. Pets Allowed Except No Dogs. Unit May Be Leased To Tenants. Located On A Quiet Cul-De Sak But Close to Shopping and All Else. Includes 1Car Garage.

Last Agent to Sell the Property

Paul Canas

Pinnacle Realty LLC

Pinnacle Realty LLC

Last Buyer's Agent

Tabatha Barnes

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Year Built

  • 1977

Lot Details

  • Cul-De-Sac

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • 894 Sq Ft Home
  • L-Shaped Dining Room
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Parking

  • Detached Garage
  • Garage Door Opener

Utilities

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

Community Details

  • Gated Community

Property Details

Home Type

Condominium

Year Built

1977

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 894
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Dining 'L'
  • Gross Tax: 1210
  • List User Cell Phone: 319-981-1450
  • Miscellaneous: Cable Ready
  • Net Tax: 1026
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.79630
  • Ratio Close Price By Original Li: 0.79630
  • Ratio Current Price By Sq Ft: 48.10
  • Total Sq Ft: 894
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1977

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 2
  • Master Bedroom Level: Level 2
  • Site Description: Cul-De-Sac

Exterior Features

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

Garage/Parking

  • Garage/Parking: Detached

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Secured Entrance

Schools

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

Lot Info

  • Lot Size: Common

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2019
Closed on
Dec 12, 2019
Sold by
Barnes Michael M and Barnes Tabatha A
Bought by
Hoeger Melanie R
Seller's Agent
Tabatha Barnes
SKOGMAN REALTY
Buyer's Agent
Tabatha Barnes
SKOGMAN REALTY
List Price
$54,900
Sold Price
$53,000
Premium/Discount to List
-$1,900
-3.46%
Total Days on Market
160
Current Estimated Value
$91,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,498
Avg. Annual Appreciation
10.48%
Original Mortgage
$46,400
Outstanding Balance
$41,345
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$49,792

Purchase Details

Listed on
Jan 7, 2016
Closed on
Jul 6, 2016
Sold by
Strait Gerald E and Strait Barbara M
Bought by
Barnes Michael M and Barnes Tabatha A
Seller's Agent
Paul Canas
Pinnacle Realty LLC
Buyer's Agent
Tabatha Barnes
SKOGMAN REALTY
List Price
$54,000
Sold Price
$43,000
Premium/Discount to List
-$11,000
-20.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%

Purchase Details

Closed on
Jul 21, 1998
Sold by
Deill Alice R
Bought by
Strait Gerald E and Strait Barbara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.03%

Map

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $53,000 None Available
Warranty Deed -- None Available
Warranty Deed $49,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $46,400 New Conventional
Previous Owner $40,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2019 12/16/19 Sold $53,000 -3.5% $59 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
11/14/2019 11/14/19 For Sale $54,900 +27.7% $61 / Sq Ft
07/08/2016 07/08/16 Sold $43,000 -20.4% $48 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $54,000 -- $60 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

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 $1,412 $68,300 $10,000 $58,300
2022 $1,386 $66,900 $10,000 $56,900
2021 $1,424 $66,900 $10,000 $56,900
2020 $1,424 $64,500 $10,000 $54,500
2019 $1,390 $64,500 $10,000 $54,500
2018 $1,192 $64,500 $10,000 $54,500
2017 $1,206 $56,700 $4,500 $52,200
2016 $1,206 $56,700 $4,500 $52,200
2015 $1,206 $56,878 $4,500 $52,378
2014 $1,026 $56,878 $4,500 $52,378
2013 $998 $56,878 $4,500 $52,378
Source: Public Records

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1600228

Cedar Rapids Area Association of REALTORS®

APN: 14261-76027-01002