NOT LISTED FOR SALE

2562 Cascade Ln Unit V147 Iowa City, IA 52246

Estimated Value: $182,000 - $207,793

2 Beds
2 Baths
1,386 Sq Ft
$135/mo HOA Fee

Last Sold November 13, 2018

Last sale price $152,000 $110 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,495/month

90 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Forced Air Cooling System
  • Patio
  • Norman Borlaug Elementary School Rated A-
  • Breakfast Bar
  • Handicap Accessible

About This Home

As of November 2018

Cute and spacious 2 bed/2 bath condo! Sliding doors to spacious patio & yard from living rm, master bedroom & 2nd bedroom allow for easy outdoor enjoyment & lots of natural light! Walk out to green space. Open concept kitchen w/walk in pantry & breakfast bar overlooking living room w fireplace. All appliances including washer/dryer. Master w/ensuite & TWO walk in closets! Extra storage space off patio for bikes, etc. Drive under garage space w/convenient end unit reserved spot #31 PLUS elevator access.

Last Agent to Sell the Property

Timothy Lehman

Edge Realty Group, Inc Listed on: 07/31/2018

Edge Realty Group, Inc

Co-Listed By

Stacy Schroeder

Edge Realty Group, Inc

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,945

Year Built

  • 1999

HOA Fees

  • $135 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,386 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Tuck Under Parking

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Additional Features

  • Handicap Accessible
  • Patio

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,945

Year Built

1999

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Above Grade Finished Sq Ft: 1386
  • Association Fee Frequency: Year
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Iowa City
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 2945
  • List User Cell Phone: 319-331-7900
  • Miscellaneous: Elevator, Handicapped Features, Patio
  • Net Tax: 2945
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98128
  • Ratio Close Price By Original Li: 0.95059
  • Ratio Current Price By Sq Ft: 109.67
  • Total Sq Ft: 1386
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1999

Interior Features

  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Basement: Slab
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Gas, Living Room
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Room Count: 4

Exterior Features

  • Construction Methods: Frame
  • Exterior: Brick

Garage/Parking

  • Garage/Parking: 1 Car, Drive Under

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1620
  • Association: Yes

Schools

  • Elementary School: Weber
  • Middle School: Northwest
  • High School: West

Lot Info

  • Lot Size: Common

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2018
Closed on
Nov 7, 2018
Sold by
Bric Llc
Bought by
Zavatti Mario Antonio
Seller's Agent
Timothy Lehman
Edge Realty Group, Inc
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$159,900
Sold Price
$152,000
Premium/Discount to List
-$7,900
-4.94%
Current Estimated Value
$197,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,866
Avg. Annual Appreciation
3.91%

Purchase Details

Closed on
Mar 5, 2013
Sold by
Bilyeu Gary E and Bilyeu Lonnie J
Bought by
Bric Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
3.38%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 16, 2011
Sold by
Eckels Michele
Bought by
Bilyeu Gary E and Bilyeu Lonnie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,200
Interest Rate
3.95%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 14, 2008
Sold by
Prime Ventures Lc
Bought by
Eckels Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,910
Interest Rate
6.39%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Zavatti Mario Antonio $152,000 None Available
Bric Llc -- None Available
Bilyeu Gary E $129,000 None Available
Eckels Michele $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bric Llc $113,280
Previous Owner Bric Llc $105,600
Previous Owner Bilyeu Gary E $112,200
Previous Owner Bilyeu Gary E $103,200
Previous Owner Eckels Michele $118,000
Previous Owner Eckels Michele $116,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2018 11/13/18 Sold $152,000 -1.9% $110 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
09/26/2018 09/26/18 Price Changed $154,900 -3.1% $112 / Sq Ft
07/31/2018 07/31/18 For Sale $159,900 -- $115 / 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
2024 $3,322 $176,570 $24,820 $151,750
2023 $3,418 $176,570 $24,820 $151,750
2022 $3,266 $157,710 $22,060 $135,650
2021 $3,390 $157,710 $22,060 $135,650
2020 $3,390 $156,780 $22,060 $134,720
2019 $3,154 $156,780 $22,060 $134,720
2018 $3,154 $143,520 $16,550 $126,970
2017 $3,120 $143,520 $16,550 $126,970
2016 $2,888 $133,980 $16,550 $117,430
2015 $2,888 $133,980 $16,550 $117,430
2014 $2,774 $128,210 $16,550 $111,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1805443

Cedar Rapids Area Association of REALTORS®

APN: 1017356025