NOT LISTED FOR SALE

225 Shelley Ln NW Unit C Cedar Rapids, IA 52405

Estimated Value: $151,000 - $169,848

2 Beds
1.5 Baths
1,524 Sq Ft
$104/Sq Ft Est. Value

Last Sold July 20, 2020

Last sale price $119,900 $79 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,181/month

2 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Cul-De-Sac
  • Recreation Room
  • Vaulted Ceiling
  • 1 Car Attached Garage

About This Home

As of July 2020

Do you hate yardwork and snow removal? Then check out this 2 bedroom 1.5 bath open floor plan condo with finished basement and attached one car garage. There are no neighbors in the back. Instead you can enjoy the gorgeous view of trees and a walking trail in a park like setting. Conveniently located close to shopping and restaurants.

Last Listed By

Cathy Coffman

Pinnacle Realty LLC Listed on: 06/17/2020

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,334

Year Built

  • 2002

Lot Details

  • Cul-De-Sac
  • Wooded Lot

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Partial Basement

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Community Details

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,334

Year Built

2002

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Style: 2 Stories, Townhouse
  • Above Grade Finished Sq Ft: 1024
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 2334
  • List User Cell Phone: 319-360-5990
  • Low Lvl Fin Sq Ft: 500
  • Miscellaneous: Cable Ready, Deck, Vaulted Ceiling
  • Net Tax: 2334
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.02566
  • Ratio Close Price By Original Li: 1.02566
  • Ratio Current Price By Sq Ft: 117.09
  • Total Sq Ft: 1524
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2002

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Electric
  • Additional Room: 1st Floor Laundry, Rec Room
  • Basement: Partial, Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 3
  • Site Description: Cul-De-Sac, Wooded

Exterior Features

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

Garage/Parking

  • Garage/Parking: 1 Car, Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 100
  • Association: Yes

Schools

  • Elementary School: Hoover
  • Middle School: Roosevelt
  • High School: Jefferson

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Jul 17, 2020
Sold by
Jerry Ask Estate Company Lc
Bought by
Jordan Kyle L and Achenbaugh Hayley I
Seller's Agent
Cathy Coffman
Pinnacle Realty LLC
Buyer's Agent
Jeremiah Harris
Pinnacle Realty LLC
List Price
$116,900
Sold Price
$119,900
Premium/Discount to List
$3,000
2.57%
Total Days on Market
2
Current Estimated Value
$157,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,062
Avg. Annual Appreciation
5.17%
Original Mortgage
$107,910
Outstanding Balance
$97,200
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$55,907

Purchase Details

Listed on
Jan 26, 2012
Closed on
Apr 7, 2012
Sold by
Bruch Amy Dee and Bruch Tyler
Bought by
Jerry Ask Real Estate Company Llc
Seller's Agent
Jane Dorman
IOWA REALTY
Buyer's Agent
Robyn Meister
SKOGMAN REALTY
List Price
$112,900
Sold Price
$103,500
Premium/Discount to List
-$9,400
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.79%

Purchase Details

Closed on
Oct 15, 2004
Sold by
Solheim Joshua A and Solheim Cary S
Bought by
Schlechte Amy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2002
Sold by
High Development Corp
Bought by
Solheim Joshua A and Solheim Cary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,520
Interest Rate
6.08%

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
Jordan Kyle L $120,000 None Available
Jerry Ask Real Estate Company Llc $103,500 None Available
Schlechte Amy D $114,500 --
Solheim Joshua A $105,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Kyle L $107,910
Open Jordan Kyle L $171,990
Previous Owner Schlechte Amy $83,329
Previous Owner Schlechte Amy D $92,000
Previous Owner Solheim Joshua A $84,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2020 07/20/20 Sold $119,900 +2.6% $79 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $116,900 +12.9% $77 / Sq Ft
04/09/2012 04/09/12 Sold $103,500 -8.3% $68 / Sq Ft
03/14/2012 03/14/12 Pending -- -- --
01/26/2012 01/26/12 For Sale $112,900 -- $74 / 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 $2,358 $137,200 $18,000 $119,200
2022 $2,246 $120,700 $18,000 $102,700
2021 $2,470 $117,400 $16,000 $101,400
2020 $2,470 $111,900 $16,000 $95,900
2019 $2,412 $111,900 $16,000 $95,900
2018 $2,234 $111,900 $16,000 $95,900
2017 $2,334 $107,200 $8,000 $99,200
2016 $2,166 $101,900 $8,000 $93,900
2015 $2,204 $103,601 $8,000 $95,601
2014 $2,204 $107,947 $8,000 $99,947
2013 $2,248 $107,947 $8,000 $99,947
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2004445

Cedar Rapids Area Association of REALTORS®

APN: 13251-54004-01014