NOT LISTED FOR SALE

1604 Matterhorn Dr NE Cedar Rapids, IA 52402

Estimated Value: $126,000 - $161,000

2 Beds
1 Bath
1,334 Sq Ft
$185/mo HOA Fee

Last Sold April 06, 2012

Last sale price $70,000 $52 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,172/month

52 Days on Market

Highlights

  • Living Room with Fireplace
  • Main Floor Primary Bedroom
  • Den
  • John F. Kennedy High School Rated A-
  • L-Shaped Dining Room
  • 2 Car Detached Garage

About This Home

As of April 2012

QUALITY BUILT CONDO. COMPARE THIS 1ST FLOOR CONDO WITH 1300 SF AND A 2 CAR GARAGE IN EXCELLENT NE AREA. 2ND BEDROOM (ALSO OFFICE OR STORAGE ROOM) DOES NOT HAVE A WINDOW BUT DOES HAVE A DOUBLE CLOSET. IDEAL FOR ANYONE WHO TRAVELS WITH NO WORRIES OF LAWN OR SNOW REMOVAL OR DOESN'T WANT STEPS. SEE ATTACHMENTS TO SEE BREAKDOWN OF CONDO FEES AND OTHER INFORMATION. ESTATE, NO DISCLOSURE. APPLIANCES WORKING BUT NOT GUARANTEED. ADDITIONAL STORAGE AVAILABLE. NEW ROOF ON BLDG IN 2009. NEW VINYL SIDING IN 2011, ALL PAID FOR. LARGE RESERVE FUND FOR UNEXPECTED EXPENSES. ELEVATOR AVAILABLE FOR VISITING NEIGHBORS ON UPPER FLOORS.

Last Listed By

Carl Hoffman

SKOGMAN REALTY Listed on: 01/18/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,383

Year Built

  • 1978

HOA Fees

  • $185 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,334 Sq Ft Home
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Den

Kitchen

  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer

Home Security

  • Home Security System
  • Intercom

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Accessible Home Design

  • Handicap Accessible

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Built by ROSS

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,383

Year Built

1978

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Above Grade Finished Sq Ft: 1334
  • Association Fee Frequency: Month
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Dining 'L'
  • Gross Tax: 1383
  • House Size: 23X48
  • List User Cell Phone: 319-350-3819
  • Miscellaneous: Cable Ready, Elevator, Handicapped Features, Intercom, Screen Porch, Security System
  • Net Tax: 1268
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.94723
  • Ratio Close Price By Original Li: 0.94723
  • Ratio Current Price By Sq Ft: 52.47
  • Total Sq Ft: 1334
  • Taxable Value Tv: 75463.00
  • Tax Roll Number: 141710200401008
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: RES
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1978

Interior Features

  • Appliances Included: Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Electric
  • Additional Room: 1st Floor Laundry, Den/Study
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Fireplace Features: Living Room
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached
  • Garage Size: 440

Utilities

  • Heating Cooling: Central Air, Electricity Heat, Heat Pump

Condo/Co-op/Association

  • Association Fee: 185
  • Association: Yes

Schools

  • Elementary School: Pierce
  • Middle School: Franklin
  • High School: Kennedy

Lot Info

  • Lot Size: COMMON

Building Info

  • Builder Name: ROSS

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2012
Closed on
Apr 3, 2012
Sold by
Bauer Philip R and Estate Of William H Bauer
Bought by
Shannahan Rex W
Seller's Agent
Carl Hoffman
SKOGMAN REALTY
Buyer's Agent
Daniel Meloan
SKOGMAN REALTY
List Price
$73,900
Sold Price
$70,000
Premium/Discount to List
-$3,900
-5.28%
Total Days on Market
52
Current Estimated Value
$145,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,748
Avg. Annual Appreciation
5.73%
Original Mortgage
$56,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 18, 1999
Sold by
Valentine Floyd
Bought by
Bauer William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.15%

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
Shannahan Rex W $70,000 None Available
Bauer William H $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shannahan Rex W $48,600
Closed Shannahan Rex W $9,800
Closed Shannahan Rex W $8,400
Previous Owner Shannahan Rex W $56,000
Previous Owner Bauer William H $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2012 04/06/12 Sold $70,000 -5.3% $52 / Sq Ft
03/10/2012 03/10/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $73,900 -- $55 / 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 $2,102 $132,700 $28,500 $104,200
2022 $2,062 $108,500 $23,500 $85,000
2021 $2,110 $108,500 $23,500 $85,000
2020 $2,110 $104,200 $20,000 $84,200
2019 $1,972 $100,000 $20,000 $80,000
2018 $1,572 $100,000 $20,000 $80,000
2017 $1,689 $88,300 $8,000 $80,300
2016 $1,689 $79,500 $8,000 $71,500
2015 $1,719 $80,829 $8,000 $72,829
2014 $1,534 $80,829 $8,000 $72,829
2013 $1,498 $80,829 $8,000 $72,829
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1200419

Cedar Rapids Area Association of REALTORS®

APN: 14171-02004-01008