NOT LISTED FOR SALE

1871 Ellis Blvd NW Unit 308 Cedar Rapids, IA 52405

Northwest Area Neighborhood

Estimated Value: $429,000 - $591,426

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

Last Sold November 22, 2022

Last sale price $521,513 $261 Per Sq Ft

Current estimated payment $3,191/month

Highlights

  • Fitness Center
  • New Construction
  • Waterfront
  • John F. Kennedy High School Rated A-
  • Gated Community
  • Deck

About This Home

As of November 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 Agent to Sell the Property

Tamra Garman

Better Way Realty Listed on: 08/09/2021

Better Way Realty

Last Buyer's Agent

Tamra Garman

Better Way Realty Listed on: 08/09/2021

Better Way Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $304

Year Built

  • 2019

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Masonry
  • Vinyl Construction Material

Interior Spaces

  • 2,000 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Home Security System

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Utilities

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

Additional Features

  • Deck
  • Waterfront

Community Details

Overview

  • Built by Ellis Landings LLC

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Snow Removal

Pet Policy

  • Limit on the number of pets

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$304

Year Built

2019

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 2000
  • Association Fee Frequency: Month
  • Association Management: By Developer, Start Up Fee
  • 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, Kitchen/Dining Combo
  • Gross Tax: 88
  • List User Cell Phone: 319-310-2879
  • Miscellaneous: Cable Ready, Deck, Elevator, Security System
  • New Construction: Yes
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.08875
  • Ratio Close Price By Original Li: 1.08875
  • Ratio Current Price By Sq Ft: 260.76
  • 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
  • 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
  • Exterior: Partial Stone, Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached, Guest Parking, Heated Garage, Off Street Parking
  • Garage Size: 2

Utilities

  • Heating Cooling: Geothermal

Condo/Co-op/Association

  • Association Amenities: Elevator, Exercise Room, 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

Building Info

  • Builder Name: Ellis Landings LLC

Rental Info

  • Pets: # Of Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Nov 21, 2022
Sold by
Ellis Landings Llc
Bought by
Frese Dennis L
Seller's Agent
Tamra Garman
Better Way Realty
Buyer's Agent
Tamra Garman
Better Way Realty
List Price
$479,000
Sold Price
$521,513
Premium/Discount to List
$42,513
8.88%
Current Estimated Value
$523,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,344
Avg. Annual Appreciation
0.16%
Source: Public Records

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
Frese Dennis L $522,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $521,513 +8.9% $261 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $479,000 -- $240 / 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 $304 $539,400 $62,000 $477,400
2024 $216 $498,300 $62,000 $436,300
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: 2105470

Cedar Rapids Area Association of REALTORS®

APN: 14174-51017-01025