NOT LISTED FOR SALE

1871 Ellis Blvd NW Unit 103 Cedar Rapids, IA 52405

Northwest Area Neighborhood

Estimated Value: $388,000 - $405,000

2 Beds
2 Baths
1,376 Sq Ft
$211/mo HOA Fee

Last Sold September 18, 2020

Last sale price $363,362 $264 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,406/month

263 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Deck
  • John F. Kennedy High School Rated A-
  • Waterfront
  • Ranch Style House

About This Home

As of September 2020

Lighthouse inspired unique condominium building offers 3 floors of condominium units plus the heated ground level parking. It is situated on the Cedar River with spectacular views, this 1st floor unit has a 20’x40’ outside deck facing upstream with views of the river and Ellis park area. While under construction, you customize all the finish choices such as flooring options, colors, fixtures, granite, cabinets. Includes crank out Pella windows, stainless kitchen appliances, washer/dryer. Geothermal heat/ac will bring utility savings, and a 10 YEAR Tax Abatement adds to the savings! This unit includes 1 inside parking stall and ground floor storage unit. First floor common area has lounge area and second floor common area is an atrium with the “lighthouse” windows above bringing in natural light for the live trees and plants. The atrium includes park like setting with community gathering area and entertaining bar. Listing agent is related to one of the partner owners

Last Listed By

Tamra Garman

Pinnacle Realty LLC Listed on: 06/27/2019

Pinnacle Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30

Year Built

  • 2019

Lot Details

  • Waterfront

HOA Fees

  • $211 Monthly HOA Fees

Home Design

  • Home to be built
  • Ranch Style House
  • Frame Construction
  • Metal Construction or Metal Frame
  • Masonry
  • Vinyl Construction Material

Interior Spaces

  • 1,376 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Home Security System

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Heated Garage
  • Garage Door Opener
  • Guest Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Geothermal Heating and Cooling
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Handicap Modified Features In Community

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Limit on the number of pets

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$30

Year Built

2019

Lot Details

0

HOA Fees

$211 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1376
  • Association Fee Frequency: Month
  • Association Management: By Developer, Start Up Fee
  • 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: Breakfast Bar, Kitchen/Dining Combo
  • List User Cell Phone: 319-310-2879
  • Miscellaneous: Cable Ready, Deck, Elevator, Patio, Security System
  • New Construction: To Be Built
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.06487
  • Ratio Close Price By Original Li: 1.06487
  • Ratio Current Price By Sq Ft: 264.07
  • Total Sq Ft: 1376
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2019

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Electric
  • Additional Room: 1st Floor Laundry
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Site Description: Water Front

Exterior Features

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

Garage/Parking

  • Garage/Parking: 1 Car, Guest Parking, Heated Garage

Utilities

  • Heating Cooling: Geothermal

Condo/Co-op/Association

  • Association Amenities: Elevator, Exercise Room, Handicap Features, Laundry In Unit, Secure Storage Area, Secured Entrance
  • Association Fee: 211
  • Association: Yes

Schools

  • Elementary School: Harrison
  • Middle School: Roosevelt
  • High School: Kennedy

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: # Of Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2019
Closed on
Sep 18, 2020
Sold by
Ellis Landings Llc
Bought by
Randles Vincent B
Seller's Agent
Tamra Garman
Pinnacle Realty LLC
Buyer's Agent
Tamra Garman
Pinnacle Realty LLC
List Price
$341,228
Sold Price
$363,362
Premium/Discount to List
$22,134
6.49%
Total Days on Market
263
Current Estimated Value
$395,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,014
Avg. Annual Appreciation
1.84%
Original Mortgage
$230,362
Outstanding Balance
$206,852
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$188,524

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
Randles Vincent B $363,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Randles Vincent B $230,362
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $363,362 +6.5% $264 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
06/27/2019 06/27/19 For Sale $341,228 -- $248 / 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 $30 $343,700 $62,000 $281,700
2022 $3,000 $368,300 $55,000 $313,300
2021 $106 $311,000 $4,000 $307,000
2020 $106 $4,000 $4,000 $0
2019 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tamra Garman

    Seller's Agent in 2020

    Tamra Garman

    Pinnacle Realty LLC

    (319) 310-2879

    16 in this area

    62 Total Sales

    Tamra Garman
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1904751

Cedar Rapids Area Association of REALTORS®

APN: 14174-51017-01002

Iowa Linn County Cedar Rapids 52405 Northwest Area

1871 Ellis Blvd NW Unit 103, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 1871 Ellis Blvd NW Unit 103, Cedar Rapids, IA 52405 since 27 June 2019 and is currently estimated at $395,376, approximately $287 per square foot. This property was built in 2019. 1871 Ellis Blvd NW Unit 103 is a home located in Linn County with nearby schools including Harrison Elementary School, Roosevelt Creative Corridor Business Academy, and John F. Kennedy 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.