NOT LISTED FOR SALE

1871 Ellis Blvd NW Unit 304 Cedar Rapids, IA 52405

Northwest Area Neighborhood

Estimated Value: $415,000 - $460,934

2 Beds
2 Baths
1,500 Sq Ft
$300/mo HOA Fee

Last Sold September 29, 2020

Last sale price $440,380 $294 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,723/month

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 3rd floor unit has a 10’x14’ balcony facing upstream with views of the river and Ellis Park. 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 stall inside parking stall and ground floor storage unit. 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 with entertaining bar. Listing agent is related to one of the developer partners.

Last Listed By

Tamra Garman

Pinnacle Realty LLC Listed on: 08/09/2019

Pinnacle Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $40

Year Built

  • 2019

HOA Fees

  • $300 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

  • 1,500 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Home Security System
  • Basement

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

Utilities

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

Additional Features

  • Deck
  • Waterfront

Community Details

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Snow Removal

Pet Policy

  • Limit on the number of pets

Additional Features

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$40

Year Built

2019

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1500
  • 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 3rd Floor +
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • List User Cell Phone: 319-310-2879
  • Miscellaneous: Cable Ready, Deck, Elevator, Security System
  • New Construction: To Be Built
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.26911
  • Ratio Close Price By Original Li: 1.26911
  • Ratio Current Price By Sq Ft: 293.59
  • Total Sq Ft: 1500
  • 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
  • Basement: Yes
  • 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
  • Garage Size: 1 Car

Utilities

  • Heating Cooling: Geothermal

Condo/Co-op/Association

  • Association Amenities: Elevator, Exercise Room, Laundry In Unit, Lawncaresnowremovalincluded, Secure Storage Area, Secured Entrance
  • Association Fee: 300
  • 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

Closed on
Dec 18, 2020
Sold by
Ellis Landings Llc
Bought by
Kovach Jonathon Peter and Kovach Jennifer
Total Days on Market
0
Current Estimated Value
$436,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,378
Outstanding Balance
$337,034
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$99,450

Purchase Details

Listed on
Aug 9, 2019
Closed on
Sep 2, 2020
Sold by
Ellis Landings Llc
Bought by
Pierson Tami Mcgrath
Seller's Agent
Tamra Garman
Pinnacle Realty LLC
Buyer's Agent
Tamra Garman
Pinnacle Realty LLC
List Price
$347,000
Sold Price
$440,380
Premium/Discount to List
$93,380
26.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.19%
Original Mortgage
$352,304
Interest Rate
2.9%
Mortgage Type
New Conventional

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 Buyer Sale Price Title Company
Kovach Jonathon Peter $393,500 None Available
Pierson Tami Mcgrath $440,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kovach Jonathon Peter $373,378
Previous Owner Pierson Tami Mcgrath $352,304
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold $440,380 +26.9% $294 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
08/09/2019 08/09/19 For Sale $347,000 -- $231 / 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 $40 $436,900 $62,000 $374,900
2022 $4,000 $389,300 $55,000 $334,300
2021 $106 $331,500 $4,000 $327,500
2020 $106 $4,000 $4,000 $0
2019 $6,542 $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: 1905906

Cedar Rapids Area Association of REALTORS®

APN: 14174-51017-01021

Iowa Linn County Cedar Rapids 52405 Northwest Area

1871 Ellis Blvd NW Unit 304, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 1871 Ellis Blvd NW Unit 304, Cedar Rapids, IA 52405 since 09 August 2019 and is currently estimated at $436,484, approximately $290 per square foot. This property was built in 2019. 1871 Ellis Blvd NW Unit 304 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.