NOT LISTED FOR SALE

3028 Center Point Rd NE Unit 203 Cedar Rapids, IA 52402

Estimated Value: $107,000 - $111,000

2 Beds
1 Bath
900 Sq Ft
$120/mo HOA Fee

Last Sold September 01, 2021

Last sale price $88,000 $98 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $880/month

20 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Breakfast Bar
  • Great Room with Fireplace

About This Home

As of September 2021

2-Bed, 1-Bath Condo for Rent - $1,175/mo

Spacious 900 sq. ft. 2nd-floor condo with 8x12” balcony. Features in-unit laundry, stainless steel appliances, updated bathroom, gas fireplace, secure building entrance, and a 1-stall attached covered garage (free). Guest parking on both sides of the building. Trash, snow removal, and lawn care included in rent. Utilities not included.

Located 6 mins from Collins Aerospace and 5 mins from downtown Cedar Rapids. Most units in the building are owner-occupied, offering a quiet, well-maintained environment.

Date Available: Oct 1st 2024.

$1,175/month rent. $500 security deposit required. 3x Income-to-Rent requirement.

Last Listed By

Jill Monnahan

SKOGMAN REALTY Listed on: 07/08/2021

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,866

Year Built

  • 2002

Lot Details

  • 2.76

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 900 Sq Ft Home
  • Gas Fireplace
  • Great Room with Fireplace
  • Breakfast Bar

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,866

Year Built

2002

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Acres: 2.7600
  • Above Grade Finished Sq Ft: 900
  • Association Fee Frequency: Month
  • Association Management: By Association, By Prop Mgmt., Start Up Fee
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Breakfast Bar
  • Gross Tax: 1866
  • List User Cell Phone: 319-981-1409
  • Miscellaneous: Deck
  • Net Tax: 1866
  • Other: Repo
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97778
  • Ratio Close Price By Original Li: 0.97778
  • Ratio Current Price By Sq Ft: 97.78
  • Total Sq Ft: 900
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2002

Interior Features

  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Fireplace Features: Gas, Great Room
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Exterior: Partial Brick, Vinyl

Garage/Parking

  • Garage/Parking: 1 Car
  • Garage Size: 10x20

Condo/Co-op/Association

  • Association Fee: 120
  • Association: Yes

Schools

  • Elementary School: Garfield
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: 120,357

Rental Info

  • Pets: Assoc Approval Required

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Aug 6, 2021
Sold by
Collins Community Credit Union
Bought by
Funk Ryan
Seller's Agent
Jill Monnahan
SKOGMAN REALTY
Buyer's Agent
Ashley Maiers
COLDWELL BANKER HEDGES
List Price
$90,000
Sold Price
$88,000
Premium/Discount to List
-$2,000
-2.22%
Total Days on Market
20
Current Estimated Value
$109,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,138
Avg. Annual Appreciation
5.99%
Original Mortgage
$70,400
Outstanding Balance
$64,615
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$44,523

Purchase Details

Closed on
Jun 29, 2021
Sold by
Beller Kyle L
Bought by
Collins Community Credit Union

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Outstanding Balance
$64,615
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$44,523

Purchase Details

Listed on
May 11, 2017
Closed on
Jul 24, 2017
Sold by
Michael E Kane
Bought by
Beller Kyle
Seller's Agent
Lisa Nolan
RE/MAX CONCEPTS
Buyer's Agent
Tres Neil
REVOLUTION REALTY TEAM
List Price
$82,000
Sold Price
$80,000
Premium/Discount to List
-$2,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%
Original Mortgage
$64,000
Interest Rate
3.96%

Purchase Details

Listed on
Mar 2, 2012
Closed on
May 22, 2012
Sold by
Meyer Darrell D and Meyer Rebecca A
Bought by
Kane Michael E
Seller's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Lisa Nolan
RE/MAX CONCEPTS
List Price
$76,500
Sold Price
$72,950
Premium/Discount to List
-$3,550
-4.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.80%
Original Mortgage
$62,950
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2008
Sold by
Weinbrenner Marc W and Weinbrenner Beth R
Bought by
Meyer Darrell D and Meyer Rebecca A

Purchase Details

Closed on
Jul 29, 2004
Sold by
Frantz Chael Construction Lc
Bought by
Rust Emily K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,200
Interest Rate
5.37%
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
Funk Ryan $88,000 None Available
Collins Community Credit Union $83,842 None Available
Beller Kyle -- --
Kane Michael E $73,000 None Available
Meyer Darrell D $73,000 None Available
Rust Emily K $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Funk Ryan $70,400
Previous Owner Beller Kyle $64,000
Previous Owner Beller Kyle --
Previous Owner Beller Kyle L $64,000
Previous Owner Kane Michael E $62,950
Previous Owner Rust Emily K $66,200
Closed Rust Emily K $16,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2024 11/11/24 Off Market $1,175 -- --
10/08/2024 10/08/24 For Rent $1,175 0.0% --
09/01/2021 09/01/21 Sold $88,000 -2.2% $98 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $90,000 +12.5% $100 / Sq Ft
07/21/2017 07/21/17 Sold $80,000 -2.4% $89 / Sq Ft
06/08/2017 06/08/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $82,000 +12.4% $91 / Sq Ft
05/25/2012 05/25/12 Sold $72,950 -4.6% $81 / Sq Ft
05/07/2012 05/07/12 Pending -- -- --
03/02/2012 03/02/12 For Sale $76,500 -- $85 / 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 $1,854 $91,900 $12,000 $79,900
2022 $1,756 $87,900 $12,000 $75,900
2021 $1,818 $84,800 $12,000 $72,800
2020 $1,818 $82,400 $12,000 $70,400
2019 $1,734 $80,400 $12,000 $68,400
2018 $1,550 $80,400 $12,000 $68,400
2017 $1,550 $82,900 $6,000 $76,900
2016 $1,615 $76,000 $6,000 $70,000
2015 $1,619 $76,062 $6,000 $70,062
2014 $1,434 $76,062 $6,000 $70,062
2013 $1,398 $76,062 $6,000 $70,062
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2104610

Cedar Rapids Area Association of REALTORS®

APN: 14094-78014-01018