NOT LISTED FOR SALE

2885 Crimson Ln Unit B Coralville, IA 52241

Estimated Value: $384,405 - $405,000

4 Beds
3 Baths
2,290 Sq Ft
$145/mo HOA Fee

Last Sold August 07, 2023

Last sale price $372,500 $163 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,890/month

146 Days on Market

Highlights

  • New Construction
  • Recreation Room
  • Cul-De-Sac
  • Living Room with Fireplace
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of August 2023

Upscale New Construction Ranch Condos. The main level has a spacious kitchen with a large center island overlooking the dining which opens to a screened porch and deck. The great room has 10' ceilings and a gas fireplace. The primary has a boxed ceiling with rope lighting, large walk-in closet and full bath with a tiled shower. The lower level has two additional bedrooms, a huge open recreation / family room and a large storage room. Great views and a great home! *All but first photo are of similar property*

Last Agent to Sell the Property

Mike Bails

Urban Acres Real Estate Corridor Listed on: 01/12/2023

Urban Acres Real Estate Corridor

Last Buyer's Agent

Karen Knight

Realty87

Realty87

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,912

Year Built

  • 2022

Lot Details

  • Cul-De-Sac

HOA Fees

  • $145 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Stone Exterior Construction
  • Masonry
  • Vinyl Construction Material

Interior Spaces

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

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Community Details

  • Built by Grand Rail

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,912

Year Built

2022

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1344
  • Association Fee Frequency: Year
  • Association Management: By Association, By Developer
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 2
  • Total Bedrooms: 4
  • City Name: Coralville
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • List User Cell Phone: 319-321-5500
  • Low Lvl Fin Sq Ft: 946
  • New Construction: Yes
  • 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: 277.16
  • Total Sq Ft: 2290
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Year Built: 2022

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator
  • Additional Room: Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 2
  • Fireplace Features: Gas, Living Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Cul-De-Sac

Exterior Features

  • Construction Methods: Frame, Masonry
  • Exterior: Stone, Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1740
  • Association: Yes

Schools

  • Elementary School: Clear Creek-Tiffin
  • Middle School: Clear Creek/Amana
  • High School: Clear Creek/Amana

Lot Info

  • Lot Size: Common

Building Info

  • Builder Name: Grand Rail

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Aug 3, 2023
Sold by
Walter Joseph Kotar Revocable Trust and Joseph Walter Kotar Revocable Trust
Bought by
Renewed Properties Llc
Seller's Agent
Mike Bails
Urban Acres Real Estate Corridor
Buyer's Agent
Karen Knight
Realty87
List Price
$372,500
Sold Price
$372,500
Views
179
Current Estimated Value
$398,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,601
Avg. Annual Appreciation
3.33%
Original Mortgage
$207,500
Outstanding Balance
$203,644
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$194,457

Purchase Details

Listed on
Jan 12, 2023
Closed on
Aug 1, 2023
Sold by
City Of Iowa City
Bought by
Board Of Regents State Of Iowa
Seller's Agent
Mike Bails
Urban Acres Real Estate Corridor
Buyer's Agent
Karen Knight
Realty87
List Price
$372,500
Sold Price
$372,500
Views
179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,500
Outstanding Balance
$203,644
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$194,457
Source: Public Records

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
Renewed Properties Llc $310,000 None Listed On Document
Board Of Regents State Of Iowa -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Board Of Regents State Of Iowa $207,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2023 08/07/23 Sold $372,500 0.0% $163 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $372,500 -- $163 / 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 $6,912 $375,900 $60,000 $315,900
2023 $8 $375,900 $60,000 $315,900
Source: Public Records

Agents Affiliated with this Home

  • Mike Bails

    Seller's Agent in 2023

    Mike Bails

    Urban Acres Real Estate Corridor

    (319) 321-5500

    414 in this area

    1,311 Total Sales

    Section Image
  • Karen Knight

    Buyer's Agent in 2023

    Karen Knight

    Realty87

    (319) 360-8989

    1 in this area

    111 Total Sales

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2300189

Cedar Rapids Area Association of REALTORS®

APN: 0625367002

Iowa Johnson County Coralville 52241

2885 Crimson Ln Unit B, Coralville, IA

This home is located at 2885 Crimson Ln Unit B, Coralville, IA 52241 since 12 January 2023 and is currently estimated at $398,101, approximately $173 per square foot. This property was built in 2022. 2885 Crimson Ln Unit B is a home located in Johnson County with nearby schools including Clear Creek Amana High School, Purple Bloom School LLC, and Hillside Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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