NOT LISTED FOR SALE

200 3rd Ave SW Unit 204 Cedar Rapids, IA 52404

Downtown Cedar Rapids Neighborhood

Estimated Value: $262,000 - $328,000

2 Beds
2 Baths
1,213 Sq Ft
$243/mo HOA Fee

Last Sold November 19, 2021

Last sale price $260,000 $214 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,167/month

21 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • Intercom
  • Deck
  • Eat-In Kitchen
  • 4-minute walk to Plaza Park

About This Home

As of November 2021

Spacious and bright, this downtown loft condo features 10ft ceilings, 2 bedrooms and 2 full baths with a master suite and walk-in closet. You'll love the kitchen with large pantry, breakfast bar, stainless steel appliances and quartz counters. The huge living room has access to your balcony overlooking 2nd St with an Eastern view towards the river. The price includes 1 indoor and 1 outdoor parking stall. The building also features a common patio and elevator. Washer/dryer included. Enjoy another 4-5 years of hardly any property taxes (currently $90 per year!) with the Tax Abatement, saving thousands annually! Plus you'll enjoy the upcoming Kingston Landing $50+million development project right out your back door which features dining, entertainment, and shopping! Call today to start your downtown living experience!

Last Agent to Sell the Property

Stefan Doerrfeld

Twenty40 Real Estate + Development Listed on: 10/01/2021

Last Buyer's Agent

Stefan Doerrfeld

Twenty40 Real Estate + Development Listed on: 10/01/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $106

Year Built

  • 2016

HOA Fees

  • $243 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,213 Sq Ft Home
  • Living Room
  • Intercom
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

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

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Deck
  • Patio

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

$106

Year Built

2016

Lot Details

0

HOA Fees

$243 per month

Listing Details

  • Style: Contemporary, Loft/High-Rise, Ranch
  • Above Grade Finished Sq Ft: 1213
  • Association Fee Frequency: Month
  • Association Management: By Association
  • 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, Eat-In Kitchen
  • Gross Tax: 106
  • List User Cell Phone: 319-775-0494
  • Miscellaneous: Cable Ready, Deck, Elevator, Handicapped Features, Intercom, Patio
  • Net Tax: 106
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98113
  • Ratio Close Price By Original Li: 0.98113
  • Ratio Current Price By Sq Ft: 214.34
  • Total Sq Ft: 1213
  • 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, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Living Room
  • Basement: Slab
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

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

Garage/Parking

  • Garage/Parking: 2 Cars, Drive Under, Heated Garage, Off Street Parking

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Elevator, Laundry In Unit, Lawncaresnowremovalincluded, Secured Entrance
  • Association Fee: 243
  • 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
Oct 1, 2021
Closed on
Nov 18, 2021
Sold by
Newbo Development Group Llc
Bought by
Abraham Christopher A and Abraham Lisa D
Seller's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
Buyer's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%
Current Estimated Value
$293,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,715
Avg. Annual Appreciation
2.64%
Original Mortgage
$208,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2016
Sold by
Kingston Lofts Llc
Bought by
Newbo Development Group Llc
Source: Public Records

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Range of Values:

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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
Abraham Christopher A $260,000 None Available
Newbo Development Group Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abraham Taylor N $210,600
Closed Abraham Christopher A $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $260,000 -1.9% $214 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $265,000 -- $218 / 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 -- $268,000 $30,000 $238,000
2022 $100 $263,600 $40,000 $223,600
2021 $90 $4,800 $4,100 $700
2020 $90 $4,100 $4,100 $0
2019 $416 $19,300 $19,300 $0
2018 $86 $19,300 $19,300 $0
2017 $90 $4,100 $4,100 $0
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stefan Doerrfeld

    Seller's Agent in 2021

    Stefan Doerrfeld

    Twenty40 Real Estate + Development

    (319) 378-8760

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2106802

Cedar Rapids Area Association of REALTORS®

APN: 14282-35013-01004

Iowa Linn County Cedar Rapids 52404 Downtown Cedar Rapids

200 3rd Ave SW Unit 204, Cedar Rapids, IA

This home is located at 200 3rd Ave SW Unit 204, Cedar Rapids, IA 52404 since 01 October 2021 and is currently estimated at $293,715, approximately $242 per square foot. This property was built in 2016. 200 3rd Ave SW Unit 204 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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