$160,000
SOLD MAR 27, 2017

2122 Cherry Ln NE Unit A Cedar Rapids, IA 52402

3 Beds
2.5 Baths
2,040 Sq Ft
$100/mo HOA Fee

Recently Sold

$78 Per Sq Ft

3% Below List Price

4 Days on Market

Highlights

  • Deck
  • Recreation Room with Fireplace
  • Den
  • John F. Kennedy High School Rated A-
  • Ranch Style House
  • Cul-De-Sac

About This Home

As of March 2017

This property has been transformed into a real beauty. New flooring throughout the home with hardwood floors professionally installed on the main level. The kitchen boasts new granite counter tops and breakfast bar. Dining area with slider to deck so you can take your entertaining outdoors. With the coordination of new paint this home is very captivating. Laundry is conveniently located on the main level along with half bath. Vaulted ceiling gives way to a very open spacious feel. Nice size family room, two bedrooms and full bath round out the main level. Lower level is finished with rec room along with gas fireplace, bedroom, full bath and den/office that could be used as a non-conforming bedroom. Plenty of storage throughout both levels. Convenient location.

Last Agent to Sell the Property

Holly Hackett

SKOGMAN REALTY Listed on: 01/04/2017

SKOGMAN REALTY

Last Buyer's Agent

Babs Haggin

IOWA REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,907

Year Built

  • 1994

Lot Details

  • Cul-De-Sac
  • Irrigation

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Gas Fireplace
  • Family Room
  • Combination Kitchen and Dining Room
  • Den
  • Recreation Room with Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking

Outdoor Features

  • Deck

Utilities

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

Community Details

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,907

Year Built

1994

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1116
  • Association Fee Frequency: Month
  • Association Management: By Association
  • 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, Kitchen/Dining Combo
  • Gross Tax: 2907
  • List User Cell Phone: 319-560-2832
  • Low Lvl Fin Sq Ft: 924
  • Miscellaneous: Cable Ready, Deck, Irrigation System
  • Net Tax: 2622
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96970
  • Ratio Close Price By Original Li: 0.96970
  • Ratio Current Price By Sq Ft: 143.37
  • Total Sq Ft: 2040
  • 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, Water Heater – Gas
  • Additional Room: 1st Floor Family, 1st Floor Laundry, Den/Study, Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Gas, Rec Room
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 4
  • Site Description: Cul-De-Sac

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached, On Street Parking

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: # Of Pets Allowed, 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%
Current Estimated Value
$229,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,580
Avg. Annual Appreciation
4.58%
Original Mortgage
$75,000
Outstanding Balance
$62,800
Interest Rate
4.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$169,374

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
4.75%
Original Mortgage
$104,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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 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 $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

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1700107

Cedar Rapids Area Association of REALTORS®

APN: 14043-77011-01004