NOT LISTED FOR SALE

Estimated Value: $181,000 - $204,000

1 Bed
1 Bath
785 Sq Ft
2016 Built

Last Sold November 03, 2023

Last sale price $192,000 $245 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,086/month

34 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Forced Air Cooling System
  • Main Floor Primary Bedroom
  • Intercom
  • 4-minute walk to Plaza Park

About This Home

As of November 2023

Looking to experience the lively world of downtown living? This one bedroom, one bathroom condo on the fourth floor with a spacious balcony will be perfect for you!! This home offers beautiful views of downtown with a modern feel. Newbo,the McGrath Amphitheater and the NEW First & First West project (to be completed in 2023) are all just around the corner! The condo features stainless steel appliances, 10 ft ceilings, in-unit laundry, an additional storage room and a secured entrance (with the ability to unlock from your phone)! There is a little over 2.5 years left on the tax abatement so you do not pay taxes on the home, you only pay the lot taxes!! An indoor, climate controlled 2 parking space (valued at $15,000 ea.) is included in sale. The HOA covers trash/sewer, lawn care & snow removal, common area cleaning and maintenance and insurance of the building. Pets are allowed and this unit is capable of being used as a rental.

Last Listed By

Barry Frink

Pinnacle Realty LLC Listed on: 08/30/2023

Pinnacle Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $56

Year Built

  • 2016

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 785 Sq Ft Home
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Handicap Accessible
  • Deck

Community Details

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$56

Year Built

2016

Lot Details

0

Listing Details

  • Style: Loft/High-Rise
  • Above Grade Finished Sq Ft: 785
  • Association Management: Start Up Fee
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 56
  • List User Cell Phone: 319-651-9624
  • Miscellaneous: Cable Ready, Deck, Elevator, Handicapped Features, Intercom, Security System
  • Net Tax: 56
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96048
  • Ratio Close Price By Original Li: 0.96048
  • Ratio Current Price By Sq Ft: 244.59
  • Total Sq Ft: 785
  • 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, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 3

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 2 Car

Utilities

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

Schools

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

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: # Of Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2024
Sold by
Kuennen Susan and Kuennen Eric
Bought by
Bredl Marin
Total Days on Market
34
Current Estimated Value
$194,003

Purchase Details

Listed on
Aug 30, 2023
Closed on
Nov 2, 2023
Sold by
Kuennen Susan and Kuennen Eric
Bought by
Bredl Marin
Seller's Agent
Barry Frink
Pinnacle Realty LLC
Buyer's Agent
Liz Efting
SKOGMAN REALTY
List Price
$199,900
Sold Price
$192,000
Premium/Discount to List
-$7,900
-3.95%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.70%
Original Mortgage
$172,800
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 5, 2022
Closed on
Jan 6, 2023
Sold by
Slater John W and Slater Shanel W
Bought by
Kuennen Susan and Kuennen Eric
Seller's Agent
Olivia Bates
IOWA REALTY
Buyer's Agent
Barry Frink
Pinnacle Realty LLC
List Price
$187,500
Sold Price
$187,500
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.70%

Purchase Details

Listed on
Oct 5, 2022
Closed on
Dec 7, 2022
Sold by
Heying Alex
Bought by
Kuennen Susan and Kuennen Eric
Seller's Agent
Olivia Bates
IOWA REALTY
Buyer's Agent
Barry Frink
Pinnacle Realty LLC
List Price
$187,500
Sold Price
$187,500
Views
1

Purchase Details

Listed on
Oct 27, 2017
Closed on
Nov 29, 2017
Sold by
Kingston Lofts Llc
Bought by
Heying Alex
Seller's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
Buyer's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
List Price
$156,950
Sold Price
$166,000
Premium/Discount to List
$9,050
5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.45%
Original Mortgage
$23,200
Interest Rate
3.94%
Mortgage Type
Unknown

Range of Values:

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Average Value
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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
Bredl Marin -- None Listed On Document
Bredl Marin $192,000 None Listed On Document
Kuennen Susan $18,000 --
Kuennen Susan $187,500 --
Heying Alex $166,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bredl Marin $172,800
Previous Owner Heying Alexander $23,200
Previous Owner Heying Alex $132,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $192,000 -4.0% $245 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
08/30/2023 08/30/23 For Sale $199,900 +6.6% $255 / Sq Ft
12/14/2022 12/14/22 Sold $187,500 0.0% $239 / Sq Ft
10/15/2022 10/15/22 Pending -- -- --
10/05/2022 10/05/22 For Sale $187,500 +13.0% $239 / Sq Ft
11/30/2017 11/30/17 Sold $166,000 +5.8% $211 / Sq Ft
10/27/2017 10/27/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $156,950 -- $200 / 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 $56 $165,400 $30,000 $135,400
2022 $56 $161,500 $40,000 $121,500
2021 $58 $2,700 $2,600 $100
2020 $58 $2,600 $2,600 $0
2019 $580 $26,900 $26,900 $0
2018 $54 $26,900 $26,900 $0
2017 $0 $2,600 $2,600 $0
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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MLS Number: 2305713

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APN: 14282-35013-01023