NOT LISTED FOR SALE

Estimated Value: $232,529 - $276,000

2 Beds
2 Baths
1,005 Sq Ft
$201/mo HOA Fee

Last Sold November 10, 2016

Last sale price $236,000 $235 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,644/month

232 Days on Market

Highlights

  • New Construction
  • Deck
  • Great Room
  • Gated Community
  • Contemporary Architecture
  • 4-minute walk to Plaza Park

About This Home

As of November 2016

Now completed, immediate possession available! Luxurious, spacious, and affordable loft condo in the thriving Kingston Village area. Enjoy a 10-YEAR tax abatement, brand new amenities, and the convenience of living downtown. This 2 bedroom, 2 bath unit features a 3rd floor view, 10 ft ceilings, hardwood floors, granite/quartz counters, kitchen backsplash, upgraded cabinetry, tile floors, walk-in closets, your very own private balcony, & more. Selections have been made. Village Lofts amenities and HOA fees include: Secure entrance, elevator, private patio, on-site parking, building maintenance, landscaping, building insurance, snow removal, and don’t forget the incredible views! Secure, garage parking is available for purchase. There are a limited number of units remaining with 1 bedroom, 2 bedroom, and 3 bedroom floorplans available to fit all budgets and lifestyles! TAKE A 3D MATTERPORT TOUR: https://my.matterport.com/show/?m=q7UNGyB2C95&brand=0

Last Listed By

Stefan Doerrfeld

Twenty40 Real Estate + Development Listed on: 03/07/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $158

Year Built

  • 2016

HOA Fees

  • $201 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction
  • Masonry

Interior Spaces

  • 1,005 Sq Ft Home
  • Great Room
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Home Security System
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Handicap Accessible
  • Deck

Community Details

Overview

  • Built by Compass
  • Handicap Modified Features In Community

Amenities

  • Community Storage Space
  • Elevator

Pet Policy

  • Limit on the number of pets

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$158

Year Built

2016

Lot Details

0

HOA Fees

$201 per month

Listing Details

  • Style: Contemporary, Loft/High-Rise, Ranch
  • Above Grade Finished Sq Ft: 1005
  • Association Fee Frequency: Month
  • Association Management: By Developer
  • 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, Eat-In Kitchen, Kitchen/Dining Combo
  • List User Cell Phone: 319-361-3881
  • Miscellaneous: Deck, Elevator, Handicapped Features, Security System
  • New Construction: Yes
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.17442
  • Ratio Close Price By Original Li: 1.19222
  • Ratio Current Price By Sq Ft: 234.83
  • Total Sq Ft: 1005
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2016

Interior Features

  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Water Heater – Electric
  • Additional Room: 1st Floor Family, 1st Floor Laundry, Great Room, Living Room
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame, Masonry
  • Exterior: Brick, Partial Stone

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Elevator, Handicap Features, Laundry In Unit, Secure Storage Area, Secured Entrance
  • Association Fee: 201
  • 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 30, 2021
Sold by
Doerrfeld Stefan and Doerrfeld Wannette L
Bought by
Beals Josh C and Beals Heidi L
Total Days on Market
232
Current Estimated Value
$256,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,046
Outstanding Balance
$84,660
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$174,495

Purchase Details

Listed on
Mar 7, 2016
Closed on
Nov 10, 2016
Sold by
Pelley Chad M and Kingston Lofts Llc
Bought by
Doerrfeld Stefan
Seller's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
Buyer's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
List Price
$197,950
Sold Price
$236,000
Premium/Discount to List
$38,050
19.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.11%

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
Beals Josh C $220,000 None Available
Doerrfeld Stefan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beals Josh C $221,046
Previous Owner Doerrfeld Stefan P $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2016 11/10/16 Sold $236,000 +19.2% $235 / Sq Ft
10/25/2016 10/25/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $197,950 -- $197 / 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 $158 $223,700 $30,000 $193,700
2022 $156 $222,200 $40,000 $182,200
2021 $156 $7,500 $3,400 $4,100
2020 $156 $7,100 $3,400 $3,700
2019 $574 $26,600 $22,900 $3,700
2018 $72 $26,600 $22,900 $3,700
2017 $74 $3,400 $3,400 $0
2016 $0 $0 $0 $0
Source: Public Records

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Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1602504

Cedar Rapids Area Association of REALTORS®

APN: 14282-35013-01025