$135,000
SOLD NOV 11, 2013

2122 Cherry Ln NE Unit A Cedar Rapids, IA 52402

3 Beds
2.5 Baths
2,040 Sq Ft
1994 Built

Recently Sold

$66 Per Sq Ft

10% Below List Price

85 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Ranch Style House
  • John F. Kennedy High School Rated A-
  • Vaulted Ceiling
  • L-Shaped Dining Room

About This Home

As of March 2017

THIS 3 BEDROOM CONDO HAS BEEN VERY GENTLY LIVED-IN AND IS CONVENIENTLY LOCATED TO SHOPPING AND I380. OWNER EXPANDED THE WIDTH OF THE HOME BY 2' WHEN BEING BUILT. NICE OPEN FLOOR PLAN WITH LIVING ROOM, DINING AREA W/SLIDER TO DECK, LOVELY WHITE KITCHEN WITH 42" UPPER CABINETS, ALL APPLIANCES, BREAKFAST BAR, PANTRY AND TV SHELF. PLANT SHELVES ADD INTEREST TO THE ROOM. LOCATED NEAR THE KITCHEN ARE THE LAUNDRY AND HALF BATH. 2 BEDROOMS AND FULL BATH COMPLETE THE MAIN FLOOR. THE LOWER LEVEL SPORTS A LARGE FAMILY ROOM WITH GAS FIREPLACE, BEDROOM, FULL BATH AND A DEN/STUDY. LOTS OF STORAGE AND CLOSETS IN THIS HOME. 2-CAR ATTACHED GARAGE.

Last Agent to Sell the Property

Gail Alt-Conlan

IOWA REALTY

Co-Listed By

Joe Conlan

IOWA REALTY

Last Buyer's Agent

Holly Hackett

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,937

Year Built

  • 1994

Lot Details

  • Cul-De-Sac
  • Irrigation

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Vaulted Ceiling
  • Gas Fireplace
  • L-Shaped Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Community Details

Overview

  • Property has a Home Owners Association

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,937

Year Built

1994

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1116
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Breakfast Bar, Dining 'L'
  • Gross Tax: 2937
  • List User Cell Phone: 319-360-7560
  • Low Lvl Fin Sq Ft: 924
  • Miscellaneous: Cable Ready, Deck, Irrigation System, Vaulted Ceiling
  • Net Tax: 2752
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96774
  • Ratio Close Price By Original Li: 0.90060
  • Ratio Current Price By Sq Ft: 120.97
  • Total Sq Ft: 2040
  • Tax Roll Number: 140437701101004
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1994

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Gas
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Cul-De-Sac

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 100
  • Association: Yes

Schools

  • Elementary School: Pierce
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: COMMON

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2017
Closed on
Mar 20, 2017
Sold by
Tobin Joan K and Tobin Joan Kay
Bought by
Braasch Maxine A
Seller's Agent
Holly Hackett
SKOGMAN REALTY
Buyer's Agent
Babs Haggin
IOWA REALTY
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%
Total Days on Market
85
Current Estimated Value
$234,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,337
Avg. Annual Appreciation
4.79%
Original Mortgage
$75,000
Outstanding Balance
$62,800
Interest Rate
4.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$171,537

Purchase Details

Closed on
Jan 29, 2015
Sold by
Meier Marvin H
Bought by
Meier Joan K and Tobin Joan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
3.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 18, 2013
Closed on
Nov 7, 2013
Sold by
Erickson Paul L and Erickson Shirley A
Bought by
Meier Joan K
Seller's Agent
Gail Alt-Conlan
IOWA REALTY
Buyer's Agent
Holly Hackett
SKOGMAN REALTY
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$104,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Map

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 Type Sale Price Title Company
Warranty Deed $160,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $135,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $75,000 Credit Line Revolving
Previous Owner $85,000 Credit Line Revolving
Previous Owner $104,000 Adjustable Rate Mortgage/ARM
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2017 03/27/17 Sold $160,000 -3.0% $78 / Sq Ft
01/08/2017 01/08/17 Pending -- -- --
01/04/2017 01/04/17 For Sale $165,000 +22.2% $81 / Sq Ft
11/11/2013 11/11/13 Sold $135,000 -9.9% $66 / Sq Ft
10/11/2013 10/11/13 Pending -- -- --
07/18/2013 07/18/13 For Sale $149,900 -- $73 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

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 $3,620 $190,100 $25,000 $165,100
2022 $3,270 $180,500 $22,000 $158,500
2021 $3,362 $166,800 $22,000 $144,800
2020 $3,362 $161,000 $22,000 $139,000
2019 $3,096 $152,200 $22,000 $130,200
2018 $2,678 $152,200 $22,000 $130,200
2017 $2,692 $132,100 $10,000 $122,100
2016 $2,807 $132,100 $10,000 $122,100
2015 $3,167 $148,854 $10,000 $138,854
2014 $2,982 $148,854 $10,000 $138,854
2013 $2,844 $148,854 $10,000 $138,854
Source: Public Records

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1305084

Cedar Rapids Area Association of REALTORS®

APN: 14043-77011-01004