3502 Banar Dr SW Unit A Cedar Rapids, IA 52404
2
Beds
2
Baths
1,166
Sq Ft
$157/mo
HOA Fee
Highlights
- Deck
- Great Room
- 2 Car Attached Garage
- Ranch Style House
- Formal Dining Room
- Breakfast Bar
About This Home
As of June 2025Nestled in the Banar Development, this well-maintained second-owner condo offers unbeatable convenience just minutes from Target, urgent care, restaurants, and more. The main floor features a well-equipped kitchen, a sunlit family room with deck access, laundry, two spacious bedrooms, and two full baths. Designed for ease and comfort, it includes handicap-accessible features throughout, including garage entry and a primary bathroom shower. The garage ramp can be removed, if needed.You'll enjoy the fragrant lilac blooms in spring while relaxing on your deck or catching the breeze through the screen door. The unfinished lower level is ready for your vision—extra living space or storage. Recent updates include new carpet, a handicap-accessible stove/oven, a microwave, and a two-year-old deck.Don’t miss the opportunity to make this beautifully located, move-in-ready home YOURS!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,300
Year Built
- Built in 2006
HOA Fees
- $157 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Guest Parking
- On-Street Parking
Home Design
- Ranch Style House
- Brick Exterior Construction
- Frame Construction
- Vinyl Siding
Interior Spaces
- 1,166 Sq Ft Home
- Great Room
- Formal Dining Room
- Basement Fills Entire Space Under The House
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Deck
Schools
- Van Buren Elementary School
- Wilson Middle School
- Jefferson High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 20011-57001-01018
Community Details
Pet Policy
- Limit on the number of pets
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 7, 2025
Closed on
Jun 4, 2025
Sold by
Mccalley William G and Mccalley Dawn
Bought by
Gabrielson Baylee Z
Seller's Agent
Maddie Jasa
SKOGMAN REALTY
Buyer's Agent
Carla Werning
RUHL & RUHL REALTORS®
List Price
$210,000
Sold Price
$200,000
Premium/Discount to List
-$10,000
-4.76%
Views
148
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.41%
Original Mortgage
$160,000
Outstanding Balance
$160,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$45,394
Purchase Details
Listed on
Oct 6, 2017
Closed on
Dec 6, 2017
Sold by
Bieber Beverly J and Bunch Patricia A
Bought by
Mccalley William G and Mccalley Dawn
Seller's Agent
Bob Hanson
IOWA REALTY
Buyer's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
List Price
$129,900
Sold Price
$135,000
Premium/Discount to List
$5,100
3.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$108,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 30, 2007
Sold by
Morris Wood Enterprises Llc
Bought by
Bieber Beverly J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $200,000 | None Listed On Document | |
| Warranty Deed | $200,000 | None Listed On Document | |
| Warranty Deed | $135,000 | None Available | |
| Warranty Deed | $125,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $160,000 | New Conventional | |
| Closed | $160,000 | New Conventional | |
| Previous Owner | $108,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $79,000 | Farmers Home Administration | |
| Previous Owner | $75,500 | New Conventional | |
| Previous Owner | $80,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | Sold | $200,000 | -2.4% | $172 / Sq Ft |
| 05/02/2025 05/02/25 | Pending | -- | -- | -- |
| 04/22/2025 04/22/25 | Price Changed | $205,000 | -2.4% | $176 / Sq Ft |
| 03/07/2025 03/07/25 | For Sale | $210,000 | +55.6% | $180 / Sq Ft |
| 12/08/2017 12/08/17 | Sold | $135,000 | +3.9% | $116 / Sq Ft |
| 11/07/2017 11/07/17 | Pending | -- | -- | -- |
| 10/06/2017 10/06/17 | For Sale | $129,900 | -- | $111 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 | $3,426 | $168,900 | $23,000 | $145,900 |
| 2022 | $3,122 | $162,400 | $21,000 | $141,400 |
| 2021 | $3,338 | $150,700 | $17,000 | $133,700 |
| 2020 | $3,338 | $151,300 | $17,000 | $134,300 |
| 2019 | $2,934 | $136,100 | $17,000 | $119,100 |
| 2018 | $2,774 | $136,100 | $17,000 | $119,100 |
| 2017 | $2,957 | $139,100 | $12,000 | $127,100 |
| 2016 | $2,957 | $139,100 | $12,000 | $127,100 |
| 2015 | $2,995 | $140,718 | $12,000 | $128,718 |
| 2014 | $2,810 | $140,718 | $12,000 | $128,718 |
| 2013 | $2,744 | $140,718 | $12,000 | $128,718 |
Source: Public Records
Agents Affiliated with this Home
-
M
Seller's Agent in 2025
Maddie Jasa
SKOGMAN REALTY
-
C
Buyer's Agent in 2025
Carla Werning
Ruhl & Ruhl
-
B
Seller's Agent in 2017
Bob Hanson
IOWA REALTY
-
S
Buyer's Agent in 2017
Stefan Doerrfeld
Twenty40 Real Estate + Development
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2501396
APN: 20011-57001-01018
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