NOT LISTED FOR SALE

200 3rd Ave SW Unit 205 Cedar Rapids, IA 52404

Downtown Cedar Rapids Neighborhood

Estimated Value: $278,318 - $307,000

2 Beds
2 Baths
1,220 Sq Ft
$244/mo HOA Fee

Last Sold June 18, 2021

Last sale price $251,500 $206 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,152/month

18 Days on Market

Highlights

  • Gated Community
  • Ranch Style House
  • Intercom
  • Deck
  • Eat-In Kitchen
  • 4-minute walk to Plaza Park

About This Home

As of June 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 open living room has access to your balcony overlooking 3rd Ave. The price includes 1 indoor and 1 outdoor parking stall. The building also features a common patio and elevator. Washer/dryer included. Enjoy another 5+ years of hardly any property taxes with the Tax Abatement, saving thousands annually! Plus you'll enjoy the upcoming Kingston Landing $100million development project right out your back door which features dining, entertainment, and shopping! Call today to start your downtown living experience!

Last Listed By

Stefan Doerrfeld

Twenty40 Real Estate + Development Listed on: 04/26/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $414

Year Built

  • 2016

HOA Fees

  • $244 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,220 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

Overview

  • Built by Compass

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets

Additional Features

  • Gated Community
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$414

Year Built

2016

Lot Details

0

HOA Fees

$244 per month

Listing Details

  • Style: Loft/High-Rise, Ranch
  • Above Grade Finished Sq Ft: 1220
  • Association Fee Frequency: Month
  • Association Management: By Association, Start Up Fee
  • 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: 414
  • List User Cell Phone: 319-361-3881
  • Miscellaneous: Cable Ready, Deck, Elevator, Handicapped Features, Intercom, Patio
  • Net Tax: 414
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96749
  • Ratio Close Price By Original Li: 0.96749
  • Ratio Current Price By Sq Ft: 206.15
  • Total Sq Ft: 1220
  • 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
  • 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: 244
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Common

Building Info

  • Builder Name: Compass

Rental Info

  • Pets: # Of Pets Allowed, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2022
Sold by
Dakota Beyer
Bought by
Thomas Contracting Llc
Total Days on Market
18
Current Estimated Value
$290,330

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jun 15, 2021
Sold by
Newbo Development Group Llc
Bought by
Newhouse Deanna M
Seller's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
Buyer's Agent
Ashley Maiers
COLDWELL BANKER HEDGES
List Price
$259,950
Sold Price
$251,500
Premium/Discount to List
-$8,450
-3.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.41%
Original Mortgage
$201,200
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2016
Sold by
Kingston Lofts Llc
Bought by
Newbo Development Group Llc

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
Thomas Contracting Llc -- --
Newhouse Deanna M $251,500 Hawkeye Escrow Company
Newbo Development Group Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newhouse Deanna M $201,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $251,500 -3.3% $206 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $259,950 -- $213 / 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 -- $265,200 $30,000 $235,200
2022 $100 $261,400 $40,000 $221,400
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 $0 $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

  • A

    Buyer's Agent in 2021

    Ashley Maiers

    COLDWELL BANKER HEDGES

See All Agents

Map

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Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2102633

Cedar Rapids Area Association of REALTORS®

APN: 14282-35013-01005

Iowa Linn County Cedar Rapids 52404 Downtown Cedar Rapids

200 3rd Ave SW Unit 205, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 200 3rd Ave SW Unit 205, Cedar Rapids, IA 52404 since 26 April 2021 and is currently estimated at $290,330, approximately $237 per square foot. This property was built in 2016. 200 3rd Ave SW Unit 205 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.

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