NOT LISTED FOR SALE

3316 Banar Dr SW Unit C Cedar Rapids, IA 52404

Estimated Value: $188,695 - $216,000

2 Beds
2 Baths
1,166 Sq Ft
$110/mo HOA Fee

Last Sold March 04, 2021

Last sale price $169,950 $146 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,453/month

23 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • 2 Car Attached Garage
  • Vaulted Ceiling
  • L-Shaped Dining Room
  • Forced Air Cooling System

About This Home

As of March 2021

Lightly lived in 2 bedroom, 2 bathroom "zero-entry" ranch style condo in great development very near shopping, restaurants, and medical professionals. All appliances, dishwasher is new. Washer and dryer are also included and located just off kitchen. Low HOA $110 covers all lawn Maintenance and snow removal. Pets are allowed. Great potential in the spacious unfinished lower level with 2 egress windows and stubbed for bathroom. Great open floor plan with cathedral ceiling. End unit with walkout deck off living room. Spacious master bedroom and bath with walk-in closet. Priced to sell! Available for immediate occupancy.

Last Agent to Sell the Property

Joni Long

Realty87 Listed on: 01/08/2021

Realty87

Co-Listed By

Luke Long

Realty87

Last Buyer's Agent

Lisa Nolan

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,358

Year Built

  • 2007

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,166 Sq Ft Home
  • Vaulted Ceiling
  • Living Room
  • L-Shaped Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Community Details

Overview

  • Built by Morris-Wood

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,358

Year Built

2007

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1166
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Dining 'L'
  • Gross Tax: 3358
  • List User Cell Phone: 319-350-0506
  • Miscellaneous: Cable Ready, Deck, Vaulted Ceiling
  • Net Tax: 3169
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 145.75
  • Total Sq Ft: 1166
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2007

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Living Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 2 stal

Utilities

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

Condo/Co-op/Association

  • Association Fee: 110
  • Association: Yes

Schools

  • Elementary School: Van Buren
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: COMMON

Building Info

  • Builder Name: Morris-Wood

Rental Info

  • Pets: # Of Pets Allowed, Pet Weight Limit, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Mar 1, 2021
Sold by
Nelson Kari A and Estate Of Judith K Lehmkuhl
Bought by
Hermanson Cynthia and Hermanson Jeffrey
Seller's Agent
Joni Long
Realty87
Buyer's Agent
Lisa Nolan
RE/MAX CONCEPTS
List Price
$169,950
Sold Price
$169,950
Current Estimated Value
$203,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,474
Avg. Annual Appreciation
3.41%
Original Mortgage
$166,871
Outstanding Balance
$151,278
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$46,782

Purchase Details

Listed on
Sep 28, 2017
Closed on
Nov 7, 2017
Sold by
Fledmann Donald I and Feldmann Lorena Kay
Bought by
Lehmkuhl Judith K
Seller's Agent
Tyler Oswood
INTREPID REAL ESTATE
Buyer's Agent
Carole Benson
RUHL & RUHL REALTORS®
List Price
$149,000
Sold Price
$149,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.04%
Original Mortgage
$49,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2007
Sold by
Morris Wood Enterprises Llc
Bought by
Feldmann Donald I and Feldmann Lorena Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
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
Hermanson Cynthia $170,000 None Available
Lehmkuhl Judith K $149,000 None Available
Feldmann Donald I $127,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hermanson Cynthia $166,871
Previous Owner Lehmkuhl Judith K $49,000
Previous Owner Feldmann Donald I $34,000
Previous Owner Feldmann Donald I $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2021 03/04/21 Sold $169,950 0.0% $146 / Sq Ft
01/31/2021 01/31/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $169,950 0.0% $146 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $169,950 +14.1% $146 / Sq Ft
11/10/2017 11/10/17 Sold $149,000 0.0% $128 / Sq Ft
10/09/2017 10/09/17 Pending -- -- --
09/28/2017 09/28/17 For Sale $149,000 -- $128 / 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
2024 $3,232 $182,100 $23,000 $159,100
2023 $3,232 $168,900 $23,000 $145,900
2022 $2,932 $162,100 $21,000 $141,100
2021 $3,178 $150,500 $17,000 $133,500
2020 $3,178 $152,600 $17,000 $135,600
2019 $2,774 $137,200 $17,000 $120,200
2018 $2,744 $137,200 $17,000 $120,200
2017 $2,812 $140,900 $12,000 $128,900
2016 $2,923 $140,900 $12,000 $128,900
2015 $2,931 $141,084 $12,000 $129,084
2014 $2,746 $141,084 $12,000 $129,084
2013 $2,682 $141,084 $12,000 $129,084
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2100170

Cedar Rapids Area Association of REALTORS®

APN: 20011-59002-01005