NOT LISTED FOR SALE

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

Downtown Cedar Rapids Neighborhood

Estimated Value: $243,000 - $260,000

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. 20% increase in value since last sale

Current estimated payment $1,519/month

7 Days on Market

Highlights

  • New Construction
  • Gated Community
  • Contemporary Architecture
  • Junction City Elementary School Rated A
  • Deck
  • 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 Agent to Sell the Property

Stefan Doerrfeld

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

Last Buyer's Agent

Kelli Feickert

Pinnacle Realty LLC

Pinnacle Realty LLC

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$222

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

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
Current Estimated Value
$249,302

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
$179,014
Interest Rate
7.29%
Mortgage Type
Construction
Estimated Equity
$70,288

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
2.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
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
Closed Brown Zachary T $182,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $222 $227,300 $34,500 $192,800
2024 -- $223,800 $30,000 $193,800
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

  • S

    Seller's Agent in 2017

    Stefan Doerrfeld

    Twenty40 Real Estate + Development

    Section Image
  • Kelli Feickert

    Buyer's Agent in 2017

    Kelli Feickert

    Pinnacle Realty LLC

    (319) 721-2738

    92 Total Sales

    Kelli Feickert
    Section Image
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Map

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

Not Listed for Sale

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