Seller's Agent in 2021
Cal Ernst
Realty87
(319) 329-8003
1 in this area
223 Total Sales
200 3rd Ave SW Unit 308 Cedar Rapids, IA 52404
Downtown Cedar Rapids Neighborhood
2
Beds
1
Bath
939
Sq Ft
$188/mo
HOA Fee
Highlights
- Gated Community
- Contemporary Architecture
- Eat-In Kitchen
- Deck
- Great Room
- 4-minute walk to Plaza Park
About This Home
As of July 2021Downtown loft condo with a 10-Year Tax Abatement, saving thousands each year through 2027! 10ft ceilings, large covered balcony, quartz counters, tile back splash, stainless steel appliances, dove-tail/soft-close drawers and doors, pantry cabinet, master bedroom with walk-in closet, wide plank hardwood floors, exposed duct work, and more. Enjoy the building elevator, 3rd floor view, secure access, on-street parking for guests, large common patio great for gatherings, and there are 2 parking spaces available for additional purchase (1 indoor and 1 outdoor). Take the 3D matterport tour here: https://my.matterport.com/show/?m=q7UNGyB2C95&brand=0
Last Agent to Sell the Property
Stefan Doerrfeld
Twenty40 Real Estate + Development Listed on: 12/11/2017
Last Buyer's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development Listed on: 12/11/2017
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $222
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
- 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
- 1 Full Bathroom
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
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
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
3.01%
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
1.71%
Original Mortgage
$164,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $215,000 | None Listed On Document | |
| Warranty Deed | $215,000 | None Listed On Document | |
| Warranty Deed | $205,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $205,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $41,000 | Credit Line Revolving | |
| Previous Owner | $164,000 | Adjustable Rate Mortgage/ARM |
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
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 |
|---|---|---|---|---|
| 2025 | $222 | $227,300 | $34,500 | $192,800 |
| 2024 | $74 | $223,800 | $30,000 | $193,800 |
| 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
-
S
Seller's Agent in 2018
Stefan Doerrfeld
Twenty40 Real Estate + Development
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1710240
APN: 14282-35013-01018
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