NOT LISTED FOR SALE

2955 Bowling St SW Unit E140 Cedar Rapids, IA 52404

Southwest Area Neighborhood

Estimated Value: $77,000 - $88,000

1 Bed
1 Bath
632 Sq Ft
$94/mo HOA Fee

Last Sold November 01, 2018

Last sale price $60,000 $95 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $644/month

65 Days on Market

Highlights

  • In Ground Pool
  • Ranch Style House
  • Cul-De-Sac
  • Prairie Ridge Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Forced Air Cooling System

About This Home

As of November 2018

Now open to investors, this unit can be rented. Great one bedroom-zero entry condo. Your payment would be cheaper than rent! Updated thru out with new flooring, cabinets, counter tops, appliances, fixtures & bathroom. Large bedroom with two closets. Bathroom is two rooms with sink in one area and toilet/shower in another. Open concept for the kitchen & living area. Adorable fenced in patio right off the living room. Community pool included. One reserved parking space outside. Conveniently located near Hy Vee, Jones park & golf course.

Last Listed By

Kelly Bemus

SKOGMAN REALTY Listed on: 07/09/2018

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $960

Year Built

  • 1979

Lot Details

  • Cul-De-Sac

HOA Fees

  • $94 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 632 Sq Ft Home
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

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

Community Details

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$960

Year Built

1979

Lot Details

0

HOA Fees

$94 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 632
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 960
  • List User Cell Phone: 319-360-0707
  • Miscellaneous: Cable Ready, In-Ground Pool, Patio
  • Net Tax: 960
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98361
  • Ratio Close Price By Original Li: 0.95238
  • Ratio Current Price By Sq Ft: 94.94
  • Total Sq Ft: 632
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1979

Interior Features

  • Appliances Included: Dryer, Microwave, Range, Refrigerator, Washer, Water Heater – Electric
  • Additional Room: 1st Floor Laundry
  • Full Bathrooms: 1
  • Bedrooms Level 1: 1
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 3
  • Site Description: Cul-De-Sac

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: Off Street Parking

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit, Pool
  • Association Fee: 94
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2018
Closed on
Oct 23, 2018
Sold by
Jb Wicks Llc
Bought by
Manning John D
Seller's Agent
Kelly Bemus
SKOGMAN REALTY
Buyer's Agent
Roy Nowers
SKOGMAN REALTY
List Price
$63,000
Sold Price
$60,000
Premium/Discount to List
-$3,000
-4.76%
Total Days on Market
65
Current Estimated Value
$83,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,003
Avg. Annual Appreciation
5.16%
Original Mortgage
$54,000
Outstanding Balance
$48,367
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$34,875

Purchase Details

Closed on
Jun 26, 2008
Sold by
Swanson Jennifer J
Bought by
Looney Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,470
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2004
Sold by
Fackler Clark O
Bought by
Swanson Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,560
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2003
Sold by
Hud
Bought by
Fackler Clark O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,560
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

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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
Manning John D $60,000 None Available
Looney Christopher $50,500 None Available
Swanson Jennifer J $47,500 --
Fackler Clark O -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manning John D $54,000
Closed Manning John D $6,000
Previous Owner Looney Christopher $49,470
Previous Owner Swanson Jennifer J $46,560
Previous Owner Fackler Clark O $25,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2018 11/01/18 Sold $60,000 -1.6% $95 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
08/09/2018 08/09/18 Price Changed $61,000 -3.2% $97 / Sq Ft
07/09/2018 07/09/18 For Sale $63,000 -- $100 / 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
2023 $1,054 $64,000 $13,000 $51,000
2022 $1,030 $59,800 $13,000 $46,800
2021 $986 $59,800 $13,000 $46,800
2020 $986 $55,200 $13,000 $42,200
2019 $1,218 $54,300 $13,000 $41,300
2018 $956 $54,300 $13,000 $41,300
2017 $960 $42,700 $3,000 $39,700
2016 $1,068 $49,400 $3,000 $46,400
2015 $1,082 $50,318 $3,000 $47,318
2014 $1,082 $48,926 $3,000 $45,926
2013 -- $48,926 $3,000 $45,926
Source: Public Records

Agents Affiliated with this Home

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Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1804907

Cedar Rapids Area Association of REALTORS®

APN: 19032-26001-01033