NOT LISTED FOR SALE

1603 Petrus Dr NE Cedar Rapids, IA 52402

Estimated Value: $282,000 - $532,000

3 Beds
3 Baths
1,998 Sq Ft
$150/mo HOA Fee

Last Sold May 23, 2023

Last sale price $355,000 $178 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,654/month

252 Days on Market

Highlights

  • New Construction
  • Recreation Room
  • Ranch Style House
  • John F. Kennedy High School Rated A-
  • Vaulted Ceiling
  • Great Room with Fireplace

About This Home

As of May 2023

Check out Abode’s newest neighborhood… Foxtail Ridge! This unit is the former model home and is the Hampton II floor plan featuring an enclosed 3 seasons front porch, an open floor plan, gas fireplace, kitchen island w/breakfast bar, walk-in pantry, & vaulted ceilings. Spacious primary bedroom suite has dual sinks & walk-in closet. 2nd bedroom & another full bath plus main floor laundry complete the main floor. Th walkout lower level is finished with a full bath, 3rd bedroom, and family room, leaving plenty of unfinished storage space. The builder selections are from a high quality group of products, including Adura plank and tile flooring; Onyx vanity tops in the bathrooms; a stone fireplace with floating mantle; and more. This unit features an upgraded tile primary bath shower too! This building has a passive radon system installed. $350 association start-up fee.

Last Agent to Sell the Property

Sheila King

SKOGMAN REALTY Listed on: 08/17/2022

Last Buyer's Agent

Z Maryland

Pinnacle Realty LLC

Pinnacle Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,691

Year Built

  • 2021

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Screened Porch
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Community Details

Overview

  • Built by Abode Construction Inc

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,691

Year Built

2021

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1340
  • Association Fee Frequency: Month
  • Association Management: By Developer, Start Up Fee
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 5691
  • List User Cell Phone: 319-213-0779
  • Low Lvl Fin Sq Ft: 658
  • Miscellaneous: Cable Ready, Patio, Vaulted Ceiling
  • Net Tax: 5691
  • New Construction: Yes
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97260
  • Ratio Close Price By Original Li: 0.97260
  • Ratio Current Price By Sq Ft: 264.93
  • R Value Ceiling: 49.0000
  • R Value Sidewalls: 20.0000
  • Total Sq Ft: 1998
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Zoning: Res
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Year Built: 2021

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Water Heater – Electric
  • Additional Room: 1st Floor Laundry, 3 Seasons, Great Room, Rec Room, Screen Porch
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Gas, Great Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Walk Out

Exterior Features

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

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 2 car

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Lawncaresnowremovalincluded
  • Association Fee: 150
  • Association: Yes

Schools

  • Elementary School: Nixon
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: Common

Building Info

  • Builder Name: Abode Construction Inc

Rental Info

  • Pets: # Of Pets Allowed, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2024
Sold by
Abode Construction Inc
Bought by
Mulherin Donald T and Mulherin Mary A
Current Estimated Value
$382,964
Source: Public Records

Range of Values:

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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
Mulherin Donald T $516,500 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2023 05/23/23 Sold $355,000 -2.7% $178 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
08/17/2022 08/17/22 For Sale $365,000 -- $183 / 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 $5,784 $348,100 $49,000 $299,100
2024 $5,794 $345,500 $49,000 $296,500
2023 $5,794 $353,000 $45,000 $308,000
2022 $579,400 $274,700 $30,000 $244,700
2021 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2207887

Cedar Rapids Area Association of REALTORS®

APN: 11284-01019-01000