NOT LISTED FOR SALE

200 3rd Ave SW Unit 203 Cedar Rapids, IA 52404

Downtown Cedar Rapids Neighborhood

Estimated Value: $192,000 - $211,000

1 Bed
1 Bath
772 Sq Ft
$155/mo HOA Fee

Last Sold October 15, 2021

Last sale price $165,000 $214 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,232/month

68 Days on Market

Highlights

  • Gated Community
  • 2 Car Garage
  • Living Room
  • Main Floor Primary Bedroom
  • Forced Air Cooling System
  • 4-minute walk to Plaza Park

About This Home

As of October 2021

This Village Lofts 2nd floor condo features 10ft ceilings, hardwood floors, quartz counters, stainless steel appliances, tile backsplash, painted cabinets, tile floors in the bathroom, plus laundry closet with washer/dryer included. Overlook the city from your spacious covered balcony! Also included in the price is 1 indoor, heated parking space and 1 outdoor parking space. Enjoy the secure entry, elevator, and rear patio maintained by the HOA. There's still 5-6 years left on the 10-year tax abatement, saving you thousands on property taxes each year! Call today!

Last Agent to Sell the Property

Stefan Doerrfeld

Twenty40 Real Estate + Development Listed on: 07/08/2021

Last Buyer's Agent

Stefan Doerrfeld

Twenty40 Real Estate + Development Listed on: 07/08/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $118

Year Built

  • 2016

HOA Fees

  • $155 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 772 Sq Ft Home
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Tuck Under Parking
  • Garage Door Opener
  • Off-Street Parking

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets

Additional Features

  • Gated Community
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$118

Year Built

2016

Lot Details

0

HOA Fees

$155 per month

Listing Details

  • Style: Loft/High-Rise
  • Above Grade Finished Sq Ft: 772
  • Association Fee Frequency: Month
  • Association Management: By Association, Start Up Fee
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • City Name: Cedar Rapids
  • Gross Tax: 62
  • List User Cell Phone: 319-361-3881
  • Miscellaneous: Cable Ready, Elevator
  • Net Tax: 62
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97087
  • Ratio Close Price By Original Li: 0.92723
  • Ratio Current Price By Sq Ft: 213.73
  • Total Sq Ft: 772
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2016

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Living Room
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 1: 1
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Brick, Composite, Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached, Detached, Drive Under, Off Street Parking
  • Garage Size: 1 Car

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Condo/Co-op/Association

  • Association Amenities: Elevator, Laundry In Unit, Lawncaresnowremovalincluded, Secured Entrance
  • Association Fee: 155
  • Association: Yes

Schools

  • Elementary School: Taylor
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: # Of Pets Allowed, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Oct 14, 2021
Sold by
Newbo Development Group Llc
Bought by
D4 Property Investments Llc
Seller's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
Buyer's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
List Price
$177,950
Sold Price
$165,000
Premium/Discount to List
-$12,950
-7.28%
Current Estimated Value
$202,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,027
Avg. Annual Appreciation
5.26%
Original Mortgage
$128,000
Outstanding Balance
$116,724
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$85,303

Purchase Details

Closed on
Dec 20, 2016
Sold by
Kingston Lofts Llc
Bought by
Newbo Development Group Llc
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
D4 Property Investments Llc $165,000 None Available
D4 Property Investments Llc $165,000 None Listed On Document
Newbo Development Group Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open D4 Property Investments Llc $128,000
Closed D4 Property Investments Llc $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $165,000 -2.9% $214 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
08/02/2021 08/02/21 Price Changed $169,950 -4.5% $220 / Sq Ft
07/08/2021 07/08/21 For Sale $177,950 -- $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
2025 $118 $169,600 $34,500 $135,100
2024 $60 $166,100 $30,000 $136,100
2023 $60 $165,900 $30,000 $135,900
2022 $58 $162,000 $40,000 $122,000
2021 $58 $2,800 $2,600 $200
2020 $58 $2,600 $2,600 $0
2019 $580 $26,900 $26,900 $0
2018 $54 $26,900 $26,900 $0
2017 $0 $2,600 $2,600 $0
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Stefan Doerrfeld

    Twenty40 Real Estate + Development

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2104621

Cedar Rapids Area Association of REALTORS®

APN: 14282-35013-01003

Iowa Linn County Cedar Rapids 52404 Downtown Cedar Rapids

200 3rd Ave SW Unit 203, Cedar Rapids, IA

This home is located at 200 3rd Ave SW Unit 203, Cedar Rapids, IA 52404 since 08 July 2021 and is currently estimated at $202,027, approximately $261 per square foot. This property was built in 2016. 200 3rd Ave SW Unit 203 is a home located in Linn County with nearby schools including Cedar River Academy at Taylor Elementary School, Wilson Middle School, and Thomas Jefferson 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.

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