NOT LISTED FOR SALE

2955 Bowling St SW Unit 138 Cedar Rapids, IA 52404

Southwest Area Neighborhood

Estimated Value: $85,000 - $144,000

2 Beds
1 Bath
948 Sq Ft
$107/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $72,000 $76 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $709/month

82 Days on Market

Highlights

  • In Ground Pool
  • Living Room
  • Forced Air Heating and Cooling System
  • Prairie Ridge Elementary School Rated A-
  • Laundry Room
  • Combination Kitchen and Dining Room

About This Home

As of December 2019

Newly remodeled main floor (zero-entry!) condo in SW Cedar Rapids in College Community Schools. Brand new flooring in kitchen and main living area. Fresh paint and brand new kitchen cabinets. Fantastic community pool and outdoor space! This is a great opportunity, as the investor is offering a package deal if you're looking to purchase more than one property (contact listing agent for details).

Last Listed By

Jeremy Trenkamp

Coldwell Banker Hedges Corridor Listed on: 08/16/2019

Coldwell Banker Hedges Corridor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,606

Year Built

  • Built in 1979

Lot Details

  • 436

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 948 Sq Ft Home
  • 1-Story Property
  • Family Room Downstairs
  • Living Room
  • Combination Kitchen and Dining Room
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Schools

  • College Comm Elementary And Middle School
  • College Comm High School

Utilities

  • Forced Air Heating and Cooling System
  • Internet Available
  • Cable TV Available

Additional Features

  • In Ground Pool
  • 436 Sq Ft Lot

Community Details

  • Association fees include grounds maintenance
  • Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 190322600101031

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,606

Year Built

Built in 1979

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 948
  • Owner Name L F Mi: Parnow
  • Ownership Type: Condo Attached
  • Photo Code: Complete
  • Year Built: 1979
  • Tax Year Report: 1380
  • Subdivision: Condo
  • Directions: E ON WILSON AVE FROM INTERSTATE, RT ON BOWLING TO 2955
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights
  • Fireplace Type Location: None
  • Interior R: Cable Available
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: None/Condo
  • Possession R: Immediate
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Other
  • Remarks2: Newly remodeled main floor (zero-entry!) condo in SW Cedar Rapids in College Community Schools. Brand new flooring in kitchen and main living area. Fresh paint and brand new kitchen cabinets. Fantastic community pool and outdoor space! This is a great opportunity, as the investor is offering a package deal if you're looking to purchase more than one property (contact listing agent for details).
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Main: 2
  • Sq Ft Above: 948
  • Total Full Baths: 1
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Room, Main
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Pool In-ground

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Central, Forced Air

Condo/Co-op/Association

  • Association Fee: 115
  • Condo Level: 1
  • Fees Include: Grounds Maintenance

Schools

  • Elementary School: College Comm
  • Middle School: College Comm
  • High School: College Comm
  • High School: College Comm
  • Jr Middle School: College Comm
  • Elementary School: College Comm

Lot Info

  • Acreage: 0.01
  • Geo Subdivision: IA
  • Zoning: residential

Tax Info

  • Gross Tax County City: 1380
  • Assessor Parcel Number: 190322600101031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2022
Sold by
Luann Parnow and Luann Kasey
Bought by
Polansky Paul
Total Days on Market
82
Current Estimated Value
$101,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Outstanding Balance
$61,275
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$35,444

Purchase Details

Listed on
Aug 16, 2019
Closed on
Dec 20, 2019
Sold by
Parnow Ryan
Bought by
Polansky Paul
Seller's Agent
Jeremy Trenkamp
Coldwell Banker Hedges Corridor
Buyer's Agent
Jeremy Trenkamp
Coldwell Banker Hedges Corridor
List Price
$83,000
Sold Price
$72,000
Premium/Discount to List
-$11,000
-13.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%
Original Mortgage
$59,500
Interest Rate
7%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Apr 13, 2009
Sold by
Federal National Mortgage Association
Bought by
Parnow Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,700
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage

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
Polansky Paul $72,000 None Listed On Document
Polansky Paul $72,000 None Available
Parnow Ryan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polansky Paul A $20,400
Open Polansky Paul $64,000
Previous Owner Polansky Paul $59,500
Previous Owner Parnow Ryan $47,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $72,000 0.0% $76 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
10/17/2019 10/17/19 Price Changed $72,000 -7.7% $76 / Sq Ft
09/11/2019 09/11/19 Price Changed $78,000 -2.5% $82 / Sq Ft
09/06/2019 09/06/19 Price Changed $80,000 -2.4% $84 / Sq Ft
08/27/2019 08/27/19 Price Changed $82,000 -1.2% $86 / Sq Ft
08/16/2019 08/16/19 For Sale $83,000 -- $88 / Sq Ft
Source: Iowa City 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 $1,606 $87,500 $13,000 $74,500
2022 $1,574 $81,400 $13,000 $68,400
2021 $1,500 $81,400 $13,000 $68,400
2020 $1,500 $74,500 $13,000 $61,500
2019 $1,638 $73,000 $13,000 $60,000
2018 $1,380 $73,000 $13,000 $60,000
2017 $1,554 $62,100 $4,000 $58,100
2016 $1,554 $71,800 $4,000 $67,800
2015 $1,568 $72,861 $4,000 $68,861
2014 $1,568 $70,836 $4,000 $66,836
2013 $1,448 $70,836 $4,000 $66,836
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20195193

Iowa City Area Association of REALTORS®

APN: 19032-26001-01031