NOT LISTED FOR SALE

200 3rd Ave SW Unit 308 Cedar Rapids, IA 52404

Downtown Cedar Rapids Neighborhood

Estimated Value: $210,000 - $240,000

2 Beds
1 Bath
939 Sq Ft
$188/mo HOA Fee

Last Sold July 01, 2021

Last sale price $205,000 $218 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,465/month

10 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • 2 Car Attached Garage
  • Deck
  • Great Room
  • 4-minute walk to Plaza Park

About This Home

As of July 2021

Is downtown condo living for you? Well, if you like walking to the amphitheater for shows, or to downtown clubs, dining venues, biking on the trail or just the ambiance of the downtown area, then this living arrangement is for you!! Only five years old and still has the tax abatement till 2027 is a huge plus. Great kitchen with quartz counters and stainless appliances, hardwood floors, a very spacious covered deck and a master bedroom with walk in closet are just a few of the amenities. There is also an indoor parking space and a 2nd outdoor parking space that come with this unit. You really need to see this home!

Last Agent to Sell the Property

Cal Ernst

Realty87 Listed on: 03/19/2021

Realty87

Last Buyer's Agent

Cal Ernst

Realty87 Listed on: 03/19/2021

Realty87

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $332

Year Built

  • 2016

HOA Fees

  • $188 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 939 Sq Ft Home
  • Great Room
  • Combination Kitchen and Dining Room
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Home Security System
  • Intercom

Parking

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

Outdoor Features

  • Deck

Utilities

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

Community Details

Overview

  • Built by Compass

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$332

Year Built

2016

Lot Details

0

HOA Fees

$188 per month

Listing Details

  • Style: Contemporary, Loft/High-Rise, Ranch
  • Above Grade Finished Sq Ft: 939
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 3rd Floor +
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 332
  • List User Cell Phone: 319-329-8003
  • Miscellaneous: Cable Ready, Deck, Elevator, Intercom, Security System
  • Net Tax: 332
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97619
  • Ratio Close Price By Original Li: 0.97619
  • Ratio Current Price By Sq Ft: 218.32
  • Total Sq Ft: 939
  • Taxable Value Tv: 204400.00
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2016

Interior Features

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

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Elevator, Laundry In Unit, Lawncaresnowremovalincluded, Secure Storage Area, Secured Entrance
  • Association Fee: 188
  • 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
May 27, 2025
Sold by
Jacobs Brad and Jacobs Ann
Bought by
Kernwein Family Revocable Trust and Kernwein
Current Estimated Value
$229,030

Purchase Details

Listed on
Mar 19, 2021
Closed on
Jul 1, 2021
Sold by
Postel Kimberly M
Bought by
Jacobs Brad and Jacobs An
Seller's Agent
Cal Ernst
Realty87
Buyer's Agent
Cal Ernst
Realty87
List Price
$210,000
Sold Price
$205,000
Premium/Discount to List
-$5,000
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.82%

Purchase Details

Closed on
Jul 10, 2018
Sold by
Newbo Development Group Llc
Bought by
Postel Kimberly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Dec 11, 2017
Closed on
Apr 27, 2018
Sold by
Newbo Development Group Llc
Bought by
Postel Kimberly M
Seller's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
Buyer's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
List Price
$189,950
Sold Price
$205,000
Premium/Discount to List
$15,050
7.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.56%
Original Mortgage
$164,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Kernwein Family Revocable Trust $215,000 None Listed On Document
Kernwein Family Revocable Trust $215,000 None Listed On Document
Jacobs Brad $205,000 None Available
Postel Kimberly M -- None Available
Postel Kimberly M $205,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Postel Kimberly M $41,000
Previous Owner Postel Kimberly M $164,000
Previous Owner Postel Kimberly M $41,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $205,000 -2.4% $218 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $210,000 +2.4% $224 / Sq Ft
04/27/2018 04/27/18 Sold $205,000 +7.9% $218 / Sq Ft
02/27/2018 02/27/18 Pending -- -- --
12/11/2017 12/11/17 For Sale $189,950 -- $202 / 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 $74 $213,800 $30,000 $183,800
2022 $7,400 $204,700 $40,000 $164,700
2021 $324 $3,500 $3,200 $300
2020 $324 $3,200 $3,200 $0
2019 $332 $23,900 $23,900 $0
2018 $68 $23,900 $23,900 $0
2017 $70 $3,200 $3,200 $0
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cal Ernst

    Seller's Agent in 2021

    Cal Ernst

    Realty87

    (319) 329-8003

    1 in this area

    225 Total Sales

    Cal Ernst
    Section Image
  • Stefan Doerrfeld

    Seller's Agent in 2018

    Stefan Doerrfeld

    Twenty40 Real Estate + Development

    (319) 378-8760

    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2101575

Cedar Rapids Area Association of REALTORS®

APN: 14282-35013-01018

Iowa Linn County Cedar Rapids 52404 Downtown Cedar Rapids

200 3rd Ave SW Unit 308, Cedar Rapids, IA

This home is located at 200 3rd Ave SW Unit 308, Cedar Rapids, IA 52404 since 19 March 2021 and is currently estimated at $229,030, approximately $243 per square foot. This property was built in 2016. 200 3rd Ave SW Unit 308 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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