NOT LISTED FOR SALE

2990 Somerbrook Ln Unit 2990 Marion, IA 52302

Estimated Value: $252,138 - $277,000

3 Beds
2 Baths
1,796 Sq Ft
$205/mo HOA Fee

Last Sold February 08, 2022

Last sale price $220,000 $122 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,960/month

12 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Formal Dining Room
  • Indian Creek Elementary School Rated A-
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of February 2022

Well maintained condo with over 1700SF finished on the main level. 3BR, 2 baths, laundry on the main, cheerful & bright 4 seasons room with extra large deck, lower level is already roughed in for walls & plumbing. New paint on walls & ceilings, New stainless steal GE appliances including Washer & Dryer December 2021. Home is ready for immediate occupancy.

Last Agent to Sell the Property

Ainsley Snyder

Keller Williams Legacy Group Listed on: 12/08/2021

Keller Williams Legacy Group

Last Buyer's Agent

Bill Grabe

Realty87

Realty87

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,723

Year Built

  • 2002

Lot Details

  • 0.34

HOA Fees

  • $205 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,796 Sq Ft Home
  • Vaulted Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Built by Skogman

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,723

Year Built

2002

Lot Details

0

HOA Fees

$205 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1796
  • Association Fee Frequency: Year
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Marion
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Breakfast Bar, Formal Dining
  • Gross Tax: 4723
  • List User Cell Phone: 319-775-2420
  • Miscellaneous: Cable Ready, Deck, Vaulted Ceiling
  • Net Tax: 4530
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.91705
  • Ratio Close Price By Original Li: 0.91705
  • Ratio Current Price By Sq Ft: 122.49
  • Total Sq Ft: 1796
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2002

Interior Features

  • Appliances Included: Dishwasher, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer
  • Additional Room: 1st Floor Laundry, Living Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Living Room
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2460
  • Association: Yes

Schools

  • Elementary School: Indian Creek
  • Middle School: Excelsior
  • High School: Linn Mar

Lot Info

  • Lot Size: Condo

Building Info

  • Builder Name: Skogman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2003
Sold by
Midwest Development Co
Bought by
Warrick Ivah Leora
Current Estimated Value
$263,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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
Warrick Ivah Leora $192,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Warrick Ivah Leora $40,000
Closed Warrick Ivah Leora $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2022 02/08/22 Sold $220,000 -8.3% $122 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/08/2021 12/08/21 For Sale $239,900 -- $134 / 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 $4,292 $308,500 $34,500 $274,000
2024 $4,674 $228,200 $34,500 $193,700
2023 $4,674 $228,200 $34,500 $193,700
2022 $4,264 $210,600 $34,500 $176,100
2021 $4,530 $210,600 $34,500 $176,100
2020 $4,530 $209,600 $34,500 $175,100
2019 $4,232 $196,100 $34,500 $161,600
2018 $4,064 $196,100 $34,500 $161,600
2017 $4,062 $191,400 $34,500 $156,900
2016 $4,130 $191,400 $34,500 $156,900
2015 $4,115 $191,400 $34,500 $156,900
2014 $3,928 $191,400 $34,500 $156,900
2013 $3,748 $191,400 $34,500 $156,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2108252

Cedar Rapids Area Association of REALTORS®

APN: 10304-52012-01000