NOT LISTED FOR SALE

2725 Pheasant Ridge Ct Unit 2725 Marion, IA 52302

Estimated Value: $169,495 - $190,000

3 Beds
2.5 Baths
1,551 Sq Ft
$125/mo HOA Fee

Last Sold June 28, 2019

Last sale price $144,500 $93 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,305/month

3 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Linn-Mar High School Rated A-
  • Formal Dining Room
  • Forced Air Cooling System

About This Home

As of June 2019

MANY updates have been done to this 3 bedroom, 2.5 bath 2-story condo with vaulted ceilings and second floor laundry. The 2-story foyer features tile flooring & flows into the family room with newer laminate flooring that is generous in size & will accommodate large scale furniture. The adjacent formalized dining area also features the same newer laminate flooring, slider door to double size deck with pergalo & steps to back common area. The kitchen features newer granite countertops, tile backsplash, laminate flooring & a pantry for bulk storage. There is also direct access to the garage with a retractable screen door for fresh air. The half bath features tile flooring, newer granite top vanity & light fixture. Newer wood stairs & iron railing lead you to the updated vaulted master bedroom that features a plant ledge & newer flooring, blinds & freshly painted. The second bedroom also boasts the same laminated flooring & newer blinds. The updated main bath features newer LVT flooring, vanity & sink with a hall linen closet. The updates continue in the expandable lower level with 2 daylight windows, third bedroom & bath with tile flooring. This condominium has received much TLC! A convenient Marion neighborhood provides easy access to shopping, restaurants & nearby parks. (Subject to sellers finding a suitable replacement home)

Last Agent to Sell the Property

Marian Flink

SKOGMAN REALTY Listed on: 04/30/2019

SKOGMAN REALTY

Last Buyer's Agent

Steve Siefert

Realty87

Realty87

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,491

Year Built

  • 1996

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on upper level

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,491

Year Built

1996

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1346
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Total Bathrooms: 2.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 3
  • City Name: Marion
  • Dining Features: Formal Dining
  • Gross Tax: 2491
  • List User Cell Phone: 319-350-3992
  • Low Lvl Fin Sq Ft: 205
  • Miscellaneous: Cable Ready, Deck, Home Warranty, Vaulted Ceiling
  • Net Tax: 2302
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 107.36
  • Total Sq Ft: 1551
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1996

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Refrigerator, Water Heater – Gas, Water Softener - Own
  • Additional Room: 2nd Floor Laundry
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 2 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 125
  • Association: Yes

Schools

  • Elementary School: Novak
  • Middle School: Excelsior
  • High School: Linn Mar

Lot Info

  • Lot Size: Common

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2019
Closed on
Jun 25, 2019
Sold by
Portis Dale Jerome and Portis Arlene Rita
Bought by
Shradel Drew D and Shradel Leanne M
Seller's Agent
Marian Flink
SKOGMAN REALTY
Buyer's Agent
Steve Siefert
Realty87
List Price
$144,500
Sold Price
$144,500
Current Estimated Value
$177,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,624
Avg. Annual Appreciation
3.30%
Original Mortgage
$130,050
Outstanding Balance
$114,960
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$62,164

Purchase Details

Listed on
Mar 29, 2015
Closed on
May 27, 2015
Sold by
Birkhofer Roger D and Birkhofer Dianne J
Bought by
Portis Dale Jerome and Portis Arlene Rita
Seller's Agent
Ann Gavin
Keller Williams Legacy Group
Buyer's Agent
Marian Flink
SKOGMAN REALTY
List Price
$110,900
Sold Price
$110,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$88,720
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 17, 2007
Sold by
Kruse Lynn and Heiselman Nancy E
Bought by
Birkhofer Roger D and Birkhofer Dianne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,800
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 1999
Sold by
Heifetz Terry J
Bought by
Kruse Lynn and Heiselman Nancy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,300
Interest Rate
6.99%
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
Shradel Drew D $144,500 None Available
Portis Dale Jerome $111,000 None Available
Birkhofer Roger D $100,500 None Available
Kruse Lynn $93,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shradel Drew D $130,050
Previous Owner Portis Dale Jerome $88,720
Previous Owner Birkhofer Roger D $80,800
Previous Owner Kruse Lynn $89,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2019 06/28/19 Sold $144,500 0.0% $93 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $144,500 +30.3% $93 / Sq Ft
05/28/2015 05/28/15 Sold $110,900 0.0% $77 / Sq Ft
04/12/2015 04/12/15 Pending -- -- --
03/29/2015 03/29/15 For Sale $110,900 -- $77 / 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 $2,894 $176,300 $16,500 $159,800
2024 $2,874 $164,400 $16,500 $147,900
2023 $2,874 $164,400 $16,500 $147,900
2022 $2,738 $138,400 $16,500 $121,900
2021 $2,888 $138,400 $16,500 $121,900
2020 $2,888 $128,200 $16,500 $111,700
2019 $2,450 $128,200 $16,500 $111,700
2018 $2,302 $120,400 $16,500 $103,900
2017 $2,296 $110,800 $16,500 $94,300
2016 $2,296 $109,700 $16,500 $93,200
2015 $2,359 $109,700 $16,500 $93,200
2014 $2,172 $109,700 $16,500 $93,200
2013 $1,035 $109,700 $16,500 $93,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1903141

Cedar Rapids Area Association of REALTORS®

APN: 11361-03002-01030