NOT LISTED FOR SALE

1871 Ellis Blvd NW Unit 303 Cedar Rapids, IA 52405

Northwest Area Neighborhood

Estimated Value: $507,000 - $566,000

3 Beds
3 Baths
2,000 Sq Ft
$400/mo HOA Fee

Last Sold August 09, 2022

Last sale price $533,512 $267 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,391/month

287 Days on Market

Highlights

  • New Construction
  • Gated Community
  • Deck
  • John F. Kennedy High School Rated A-
  • Waterfront
  • Main Floor Primary Bedroom

About This Home

As of August 2022

Ellis Landings condominiums, situated on the Cedar River with spectacular views of the Cedar River and Ellis Park, come with a Property Tax Abatement – ask for details!
This 3rd floor Penthouse has a 10’x12’ deck as well as 10’x18’ patio upstairs in the roof line facing up stream with views of the river and Ellis Park area. Generous allowances for you to customize the unit with your selection of finishes, such as flooring, cabinets, colors, fixtures, granite. Includes crank out Pella pro-line windows, stainless kitchen appliances, washer/dryer. Geothermal heat/ac will bring utility savings. **Click on video reel for more info video and 3D tour of common areas.** Includes private 2 stall garage attached to the heated ground floor garage, as well as storage unit. Common Areas include First floor lounge and exercise areas. Second floor atrium with the “lighthouse” windows above bring in natural light for the live trees and plants. The atrium’s park like setting has community gathering area and bar for entertaining.

Last Listed By

Tamra Garman

Pinnacle Realty LLC Listed on: 02/01/2021

Pinnacle Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $105

Year Built

  • 2019

Lot Details

  • Waterfront

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Construction or Metal Frame
  • Masonry
  • Vinyl Construction Material

Interior Spaces

  • 2,000 Sq Ft Home
  • 1.5-Story Property
  • Combination Kitchen and Dining Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Tuck Under Parking
  • Heated Garage
  • Garage Door Opener
  • Guest Parking

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets

Additional Features

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$105

Year Built

2019

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Style: 1.5 Story
  • Above Grade Finished Sq Ft: 2000
  • Association Fee Frequency: Month
  • Association Management: By Developer
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 3rd Floor +
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 105
  • List User Cell Phone: 319-310-2879
  • Miscellaneous: Cable Ready, Deck, Elevator, Patio, Security System
  • New Construction: Yes
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.11380
  • Ratio Close Price By Original Li: 1.14981
  • Ratio Current Price By Sq Ft: 266.76
  • Total Sq Ft: 2000
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: MultiRes
  • 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: 3
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 1
  • Level 1 Full Bathrooms: 2
  • Level 2 Full Bathrooms: 1
  • 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: 2 Cars, Attached, Drive Under, Guest Parking, Heated Garage
  • Garage Size: 2

Utilities

  • Heating Cooling: Geothermal

Condo/Co-op/Association

  • Association Amenities: Elevator, Laundry In Unit, Lawncaresnowremovalincluded, Secure Storage Area, Secured Entrance
  • Association Fee: 400
  • 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
Feb 1, 2021
Closed on
Aug 9, 2022
Sold by
Ilc Ellis Landings
Bought by
Farmer Living Trust
Seller's Agent
Tamra Garman
Pinnacle Realty LLC
Buyer's Agent
Carla Werning
RUHL & RUHL REALTORS®
List Price
$464,000
Sold Price
$533,512
Premium/Discount to List
$69,512
14.98%
Total Days on Market
287
Current Estimated Value
$536,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,762
Avg. Annual Appreciation
0.19%
Original Mortgage
$2,914,097
Interest Rate
5.1%
Mortgage Type
Construction

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
Farmer Living Trust $534,000 Oshea & Oshea Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ellis Landings Llc $2,914,097
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2022 08/09/22 Sold $533,512 +11.4% $267 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
06/09/2021 06/09/21 Price Changed $479,000 +3.2% $240 / Sq Ft
02/01/2021 02/01/21 For Sale $464,000 -- $232 / 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 $216 $498,300 $62,000 $436,300
2022 $82 $361,300 $55,000 $306,300
2021 $106 $304,100 $4,000 $300,100
2020 $106 $4,000 $4,000 $0
2019 $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: 2100578

Cedar Rapids Area Association of REALTORS®

APN: 14174-51017-01020