NOT LISTED FOR SALE

200 3rd Ave SW Unit 405 Cedar Rapids, IA 52404

Downtown Cedar Rapids Neighborhood

Estimated Value: $236,323 - $268,000

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

Last Sold April 21, 2017

Last sale price $207,950 $221 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,853/month

7 Days on Market

Highlights

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

About This Home

As of April 2017

Now completed, immediate possession available! Luxurious, spacious, and affordable loft condo in the thriving Kingston Village area. Enjoy a 10-YEAR tax abatement with the convenience of living downtown. This 2 bedroom unit features a 4th floor view from the oversized, covered balcony, 10 ft ceilings, hardwood floors, quartz counters, kitchen backsplash, upgraded cabinetry, tile floors, walk-in closet, your very own private balcony, and more. 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 Matterport 3D Tour of any unit by going to www.OwnVillageLofts.com

Last Listed By

Stefan Doerrfeld

Twenty40 Real Estate + Development Listed on: 03/02/2017

Property Details

Home Type

  • Condominium

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

Property Details

Home Type

Condominium

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
  • Association Management: By Developer
  • 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
  • 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: 1.09476
  • Ratio Close Price By Original Li: 1.09476
  • Ratio Current Price By Sq Ft: 221.46
  • Total Sq Ft: 939
  • 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: 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

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: 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
Dec 28, 2023
Sold by
Link Michael A
Bought by
Brown Zachary T
Total Days on Market
7
Current Estimated Value
$253,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Outstanding Balance
$179,795
Interest Rate
7.29%
Mortgage Type
Construction
Estimated Equity
$73,536

Purchase Details

Listed on
Mar 2, 2017
Closed on
Apr 20, 2017
Sold by
Kingston Lofts Llc
Bought by
Link Michael A
Seller's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
Buyer's Agent
Kelli Feickert
Pinnacle Realty LLC
List Price
$189,950
Sold Price
$207,950
Premium/Discount to List
$18,000
9.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.49%

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
Brown Zachary T $227,500 None Listed On Document
Link Michael A $208,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Zachary T $182,000
Previous Owner Link Michael A $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2017 04/21/17 Sold $207,950 +9.5% $221 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
03/02/2017 03/02/17 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 -- $213,800 $30,000 $183,800
2022 $0 $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 $0 $23,900 $23,900 $0
2017 $0 $3,200 $3,200 $0
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stefan Doerrfeld

    Seller's Agent in 2017

    Stefan Doerrfeld

    Twenty40 Real Estate + Development

    (319) 378-8760

    Section Image
  • Kelli Feickert

    Buyer's Agent in 2017

    Kelli Feickert

    Pinnacle Realty LLC

    (319) 721-2738

    86 Total Sales

    Kelli Feickert
    Section Image
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Map

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Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1702540

Cedar Rapids Area Association of REALTORS®

APN: 14282-35013-01024

Iowa Linn County Cedar Rapids 52404 Downtown Cedar Rapids

200 3rd Ave SW Unit 405, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 200 3rd Ave SW Unit 405, Cedar Rapids, IA 52404 since 02 March 2017 and is currently estimated at $253,331, approximately $269 per square foot. This property was built in 2016. 200 3rd Ave SW Unit 405 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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