$375,000
SOLD NOV 1, 2017
2 Beds
2.5 Baths
1,489 Sq Ft
$298/mo HOA Fee

Recently Sold

$252 Per Sq Ft

5% Below List Price

21 Days on Market

Highlights

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

About This Home

As of August 2020

Breathtaking finishes and breathtaking views! Walking through this custom loft condo, you'll feel like it's straight out of a magazine. Not a penny was spared in the luxurious kitchen featuring 2-toned cabinetry, quartz counters, tile backsplash, gourmet appliances, a pot-filler, and custom reclaimed barn wood used for the pendant lights. Distressed, wide-plank flooring, exposed duct work, built-in desk/planning area, built-in locker, 10 foot ceilings, barn doors in the master suite, custom-tile shower, garden tub overlooking 3rd Ave, an abundance of windows, and private balcony with views of the Cedar River and Downtown. The spare bedroom serves as another suite with a private bath and walk-in closet. Don't forget, this amazing condo comes with 3 parking stalls in the heated garage plus a Tax Abatement for 9.75 years!

Last Agent to Sell the Property

Stefan Doerrfeld

Twenty40 Real Estate + Development Listed on: 08/29/2017

Last Buyer's Agent

Stefan Doerrfeld

Twenty40 Real Estate + Development Listed on: 08/29/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $408

Year Built

  • 2016

HOA Fees

  • $298 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,489 Sq Ft Home
  • Great Room
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer

Parking

  • 3 Car Attached Garage
  • Tuck Under Parking
  • Heated Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Handicap Accessible
  • Deck
  • Fenced

Community Details

Overview

  • Handicap Modified Features In Community

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Limit on the number of pets

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$408

Year Built

2016

Lot Details

0

HOA Fees

$298 per month

Listing Details

  • Style: Contemporary, Loft/High-Rise, Ranch
  • Above Grade Finished Sq Ft: 1489
  • Association Fee Frequency: Month
  • Association Management: By Developer
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 3rd Floor +
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining, Kitchen/Dining Combo
  • List User Cell Phone: 319-361-3881
  • Miscellaneous: Cable Ready, Deck, Fencing, Handicapped Features, Security System
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.94937
  • Ratio Close Price By Original Li: 0.94937
  • Ratio Current Price By Sq Ft: 251.85
  • Total Sq Ft: 1489
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2016

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Water Heater – Electric
  • Additional Room: 1st Floor Family, 1st Floor Laundry, Den/Study, Great Room, Living Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

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

Garage/Parking

  • Garage/Parking: 3 Cars, Attached, Drive Under, Heated Garage
  • Garage Size: 3 Car

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: 298
  • 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
May 18, 2020
Closed on
Aug 11, 2020
Sold by
Plough Rusty L and Plough Sheri L
Bought by
Cozad Sharon Kay
Seller's Agent
Debra Callahan
RE/MAX CONCEPTS
Buyer's Agent
Daniel Nosbish
SKOGMAN REALTY
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Current Estimated Value
$422,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,553
Avg. Annual Appreciation
3.35%
Original Mortgage
$198,000
Outstanding Balance
$145,633
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$276,920

Purchase Details

Listed on
Aug 29, 2017
Closed on
Nov 1, 2017
Sold by
Pelley Chad M
Bought by
Plough Rusty L and Plough Sheri L
Seller's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
Buyer's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
List Price
$395,000
Sold Price
$375,000
Premium/Discount to List
-$20,000
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.46%
Original Mortgage
$37,500
Interest Rate
3.85%
Mortgage Type
Second Mortgage Made To Cover Down Payment

Purchase Details

Closed on
Oct 5, 2016
Sold by
Kingston Lofts Llc
Bought by
Pelley Chad M
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $360,000 None Available
Warranty Deed $375,000 None Available
Warranty Deed $321,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,000 New Conventional
Previous Owner $37,500 Second Mortgage Made To Cover Down Payment
Previous Owner $337,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2020 08/12/20 Sold $360,000 -0.7% $242 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
06/26/2020 06/26/20 Price Changed $362,500 -3.3% $243 / Sq Ft
05/18/2020 05/18/20 For Sale $375,000 0.0% $252 / Sq Ft
11/01/2017 11/01/17 Sold $375,000 -5.1% $252 / Sq Ft
09/19/2017 09/19/17 Pending -- -- --
08/29/2017 08/29/17 For Sale $395,000 -- $265 / 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 $408 $329,500 $30,000 $299,500
2022 $400 $321,000 $40,000 $281,000
2021 $404 $19,300 $5,000 $14,300
2020 $404 $18,300 $5,000 $13,300
2019 $422 $28,100 $14,800 $13,300
2018 $104 $28,100 $14,800 $13,300
2017 $0 $5,000 $5,000 $0
2016 $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: 1708130

Cedar Rapids Area Association of REALTORS®

APN: 14282-35013-01014