NOT LISTED FOR SALE

2920 Towne House Dr NE Unit D Cedar Rapids, IA 52402

Estimated Value: $154,000 - $174,000

2 Beds
2 Baths
1,340 Sq Ft
$94/mo HOA Fee

Last Sold November 14, 2014

Last sale price $116,000 $87 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,149/month

45 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Great Room
  • John F. Kennedy High School Rated A-
  • 2-Story Property
  • Formal Dining Room

About This Home

As of November 2014

Wow is what you'll say! Sharp 2 bedroom, 2 bath Lexington East condo loaded with updates! Main features include newer hardwood floors throughout great room, kitchen and hallway, updated kitchen with breakfast bar, tiled backsplash and appliances that stay! Nicely sized bedrooms (especially master which has a huge walk-in closet!) both with newer carpet! Both bathrooms have been updated with newer vanities and tile! Fresh neutral paint throughout, newer light fixtures and blinds. Furnace, central air and water heater all new in 2008! Deck flooring updated to composite and great views from deck! Deep 1 stall attached garage and an extra storage room right next to unit. Don't miss this very well done condo!

Last Agent to Sell the Property

Bob Kalous

SKOGMAN REALTY Listed on: 08/25/2014

SKOGMAN REALTY

Last Buyer's Agent

Bob Kalous

SKOGMAN REALTY Listed on: 08/25/2014

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,206

Year Built

  • 1994

HOA Fees

  • $94 Monthly HOA Fees

Home Design

  • 2-Story Property
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,340 Sq Ft Home
  • Vaulted Ceiling
  • Great Room
  • Formal Dining Room

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,206

Year Built

1994

Lot Details

0

HOA Fees

$94 per month

Listing Details

  • Style: 2 Stories, Ranch
  • Above Grade Finished Sq Ft: 1340
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Breakfast Bar, Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 2206
  • List User Cell Phone: 319-521-8000
  • Miscellaneous: Cable Ready, Deck, Intercom, Security System, Vaulted Ceiling
  • Net Tax: 2020
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97479
  • Ratio Close Price By Original Li: 0.97479
  • Ratio Current Price By Sq Ft: 86.57
  • Total Sq Ft: 1340
  • Tax Roll Number: 140542600101019
  • 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, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Great Room
  • Full Bathrooms: 2
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 2
  • Master Bedroom Level: Level 2
  • Room Count: 6

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: 94
  • Association: Yes

Schools

  • Elementary School: Pierce
  • Middle School: Franklin
  • High School: Kennedy

Lot Info

  • Lot Size: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2014
Closed on
Nov 11, 2014
Sold by
Heitzman Paula and Heitzman Keith A
Bought by
Rudd Cassandra S
Seller's Agent
Bob Kalous
SKOGMAN REALTY
Buyer's Agent
Bob Kalous
SKOGMAN REALTY
List Price
$119,000
Sold Price
$116,000
Premium/Discount to List
-$3,000
-2.52%
Current Estimated Value
$161,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,628
Avg. Annual Appreciation
3.10%
Original Mortgage
$85,000
Outstanding Balance
$65,566
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$96,062

Purchase Details

Closed on
Jan 25, 2005
Sold by
Heitzman Paula
Bought by
Heitzman Paula and Heitzman Keith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 24, 2004
Sold by
Brand Patricia C
Bought by
Heitzman Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2004
Sold by
Mrozinski Brandi Jo
Bought by
Brand Patricia C

Purchase Details

Closed on
Aug 4, 2004
Sold by
Mrozinski Gerald J
Bought by
Brand Patricia C

Purchase Details

Closed on
Jul 10, 2002
Sold by
Regan Michael J
Bought by
Mrozinski Gerald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,800
Interest Rate
6.82%
Mortgage Type
FHA
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
Rudd Cassandra S $116,000 None Available
Heitzman Paula -- --
Heitzman Paula $102,500 --
Brand Patricia C -- --
Brand Patricia C $98,500 --
Mrozinski Gerald J $95,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rudd Cassandra S $85,000
Previous Owner Heitzman Paula $82,400
Previous Owner Mrozinski Gerald J $93,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2014 11/14/14 Sold $116,000 -2.5% $87 / Sq Ft
10/09/2014 10/09/14 Pending -- -- --
08/25/2014 08/25/14 For Sale $119,000 -- $89 / 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 $2,380 $146,400 $23,000 $123,400
2024 $2,516 $149,500 $23,000 $126,500
2023 $2,516 $145,000 $23,000 $122,000
2022 $2,356 $128,200 $21,000 $107,200
2021 $2,444 $122,700 $19,000 $103,700
2020 $2,444 $119,400 $19,000 $100,400
2019 $2,200 $110,600 $19,000 $91,600
2018 $2,136 $110,600 $19,000 $91,600
2017 $2,253 $110,100 $12,000 $98,100
2016 $2,253 $106,000 $12,000 $94,000
2015 $2,323 $109,160 $12,000 $97,160
2014 $2,138 $109,160 $12,000 $97,160
2013 -- $109,160 $12,000 $97,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1405889

Cedar Rapids Area Association of REALTORS®

APN: 14054-26001-01019