$53,000
SOLD DEC 16, 2019

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

2 Beds
2 Baths
894 Sq Ft
1977 Built

Recently Sold

$59 Per Sq Ft

3% Below List Price

1 Day on Market

Highlights

  • Gated Community
  • 1 Car Detached Garage
  • Central Air
  • 2-Story Property
  • Cul-De-Sac
  • Combination Kitchen and Dining Room

About This Home

As of December 2019

Great location! Super cute 2 bedroom, 2 bath condo. Warm and cozy with a gas fireplace. Spacious bedrooms and nice size closets. Storage room and laundry in basement. 1 car detached garage. Cheap easy living. Investor alert this unit was being rented for $800 a month. Pets allowed. Association fee is $74 a month. Average gas is $34 and Average electric is $102. So cute and clean a must see. Owners are Licensed Realtors in Iowa.

Last Agent to Sell the Property

Tabatha Barnes

SKOGMAN REALTY Listed on: 11/15/2019

SKOGMAN REALTY

Last Buyer's Agent

Tabatha Barnes

SKOGMAN REALTY Listed on: 11/15/2019

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Year Built

  • 1977

Lot Details

  • Cul-De-Sac

Home Design

  • 2-Story Property
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 894 Sq Ft Home
  • Gas Fireplace
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Property has a Home Owners Association
  • Community Storage Space
  • Gated Community

Property Details

Home Type

Condominium

Year Built

1977

Lot Details

0

Listing Details

  • Style: 2 Stories, 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: Kitchen/Dining Combo
  • Gross Tax: 1345
  • List User Cell Phone: 319-551-2128
  • Miscellaneous: Cable Ready
  • Net Tax: 1345
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96539
  • Ratio Close Price By Original Li: 0.96539
  • Ratio Current Price By Sq Ft: 59.28
  • Total Sq Ft: 894
  • Taxable Value Tv: 64500.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1977

Interior Features

  • Appliances Included: Dishwasher, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family
  • Basement: Partial, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 2: 2
  • Fireplace Features: Built In, Family Room, Gas
  • Level 2 Full Bathrooms: 2
  • Master Bedroom Level: Level 2
  • Site Description: Cul-De-Sac

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 1 Car, Detached
  • Garage Size: 1 car

Utilities

  • Heating Cooling: Central Air, Gas Heat

Condo/Co-op/Association

  • Association Amenities: Secure Storage Area, Secured Entrance
  • Association Fee: 74
  • Association: Yes

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
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%
Current Estimated Value
$91,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,151
Avg. Annual Appreciation
10.17%
Original Mortgage
$46,400
Outstanding Balance
$41,345
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$50,153

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%
Source: Public Records

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 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 $1,412 $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

Agents Affiliated with this Home

  • Tabatha Barnes

    Seller's Agent in 2019

    Tabatha Barnes

    SKOGMAN REALTY

    (319) 551-2128

    237 Total Sales

    Section Image
  • Paul Canas

    Seller's Agent in 2016

    Paul Canas

    Pinnacle Realty LLC

    (319) 981-1450

    111 Total Sales

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1908278

Cedar Rapids Area Association of REALTORS®

APN: 14261-76027-01002

Iowa Linn County Cedar Rapids 52403

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

This home is located at 1521 Oak Ridge Ln SE Unit 3, Cedar Rapids, IA 52403 and is currently priced at $53,000, approximately $59 per square foot. This property was built in 1977. 1521 Oak Ridge Ln SE Unit 3 is a home located in Linn County with nearby schools including Erskine Elementary School, McKinley STEAM Academy, and George Washington High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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