NOT LISTED FOR SALE

3123 Coral Ln SW Cedar Rapids, IA 52404

Estimated Value: $186,892 - $196,000

3 Beds
1 Bath
1,169 Sq Ft
$165/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $145,000 $124 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,258/month

2 Days on Market

Highlights

  • Deck
  • Recreation Room
  • 1 Car Attached Garage
  • Prairie Ridge Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Eat-In Kitchen

About This Home

As of August 2020

*SALEPENDING | ACCEPTED OFFER | UNDER CONTRACT* Super cute and super clean home in College Community Schools. It's light and bright with updated kitchen, bathroom and trim throughout most of the home. Neutral walls and floor coverings. Cozy backyard and conveniently located to all the eateries and shopping on the Southwest Side. The sewer line has been replaced and several windows too! This one is in turn-key condition and ready for new owners!!!
The ramp on the deck is setting over the existing stairs - please do not use the ramp it is not meant for human use (it's for their dog) the ramp will be removed prior to closing due to the need for their dog. BUYERS: please have your real estate agent provide you the showing rules and offer timelines. Pre-approved Buyers only through this home.

Last Agent to Sell the Property

Jill Monnahan

SKOGMAN REALTY Listed on: 07/10/2020

SKOGMAN REALTY

Co-Listed By

Jacey Slaton

SKOGMAN REALTY

Last Buyer's Agent

Victoria Torres

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,556

Year Built

  • 1968

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60 x 100
  • Fenced

Home Design

  • Split Foyer
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Recreation Room
  • Basement

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

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

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Garage Door Opener

Outdoor Features

  • Deck
  • Storage Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,556

Year Built

1968

Lot Details

0

Listing Details

  • Style: Split Foyer
  • Acres: 0.1400
  • Above Grade Finished Sq Ft: 894
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2556
  • List User Cell Phone: 319-981-1409
  • Low Lvl Fin Sq Ft: 275
  • Miscellaneous: Cable Ready, Deck, Fencing, Storage Shed
  • Net Tax: 2365
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.03571
  • Ratio Close Price By Original Li: 1.03571
  • Ratio Current Price By Sq Ft: 162.19
  • Total Sq Ft: 1169
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Appliances Included: Garage Door Opener, Range, Refrigerator
  • Additional Room: Living Room, Rec Room
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 1 Car, Attached, Drive Under

Utilities

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

Schools

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

Lot Info

  • Lot Size: 60 X 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Aug 21, 2020
Sold by
Lorimer Elizabeth S and Lorimer Elizabeth Sue
Bought by
Sanchez Gerardo and Hernandez Maria
Seller's Agent
Jill Monnahan
SKOGMAN REALTY
Buyer's Agent
Victoria Torres
Pinnacle Realty LLC
List Price
$140,000
Sold Price
$145,000
Premium/Discount to List
$5,000
3.57%
Current Estimated Value
$192,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,973
Avg. Annual Appreciation
5.75%
Original Mortgage
$130,500
Outstanding Balance
$115,547
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$77,426

Purchase Details

Closed on
Jun 17, 2015
Sold by
Eubanks Spencer Lee
Bought by
Lorimer Elizabeth S and Eubanks Elizabeth Sue

Purchase Details

Closed on
May 4, 2015
Sold by
Eubanks Sepncer Lee
Bought by
Lorimer Elizabeth Sue

Purchase Details

Closed on
Jul 1, 2009
Sold by
Burke Joseph M and Burke Debra L
Bought by
Derby Elizabeth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,898
Interest Rate
4.94%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sanchez Gerardo $145,000 None Available
Sanchez Gerardo $231,200 Skogman Erick
Lorimer Elizabeth S -- None Available
Lorimer Elizabeth Sue -- None Available
Derby Elizabeth S $115,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Gerardo $130,500
Closed Sanchez Gerardo $130,500
Previous Owner Derby Elizabeth S $113,898
Closed Sanchez Gerardo $7,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $145,000 +3.6% $124 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $140,000 -- $120 / 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 $2,812 $156,100 $35,300 $120,800
2024 $2,960 $151,300 $32,400 $118,900
2023 $2,960 $148,400 $32,400 $116,000
2022 $2,728 $133,600 $26,800 $106,800
2021 $2,486 $125,500 $26,800 $98,700
2020 $2,486 $117,800 $24,000 $93,800
2019 $2,386 $117,800 $24,000 $93,800
2018 $2,316 $114,900 $24,000 $90,900
2017 $2,400 $115,200 $24,000 $91,200
2016 $2,359 $109,000 $24,000 $85,000
2015 $2,170 $108,847 $23,970 $84,877
2014 $2,154 $113,314 $23,970 $89,344
2013 $2,136 $113,314 $23,970 $89,344
Source: Public Records

Agents Affiliated with this Home

  • Jill Monnahan

    Seller's Agent in 2020

    Jill Monnahan

    SKOGMAN REALTY

    (319) 981-1409

    206 Total Sales

    Jill Monnahan
    Section Image
  • Jacey Slaton

    Seller Co-Listing Agent in 2020

    Jacey Slaton

    SKOGMAN REALTY

    (319) 551-2361

    144 Total Sales

    Jacey Slaton
    Section Image
  • Victoria Torres

    Buyer's Agent in 2020

    Victoria Torres

    Pinnacle Realty LLC

    (319) 440-4086

    150 Total Sales

    Victoria Torres
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2004492

Cedar Rapids Area Association of REALTORS®

APN: 19062-33006-00000

Iowa Linn County Cedar Rapids 52404

3123 Coral Ln SW, Cedar Rapids, IA

This home is located at 3123 Coral Ln SW, Cedar Rapids, IA 52404 since 10 July 2020 and is currently estimated at $192,973, approximately $165 per square foot. This property was built in 1968. 3123 Coral Ln SW is a home located in Linn County with nearby schools including Prairie Crest Elementary School, Prairie View Elementary School, and Prairie Ridge Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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