NOT LISTED FOR SALE

3502 Banar Dr SW Unit C Cedar Rapids, IA 52404

Estimated Value: $231,000 - $242,000

2 Beds
3 Baths
2,260 Sq Ft
$125/mo HOA Fee

Last Sold April 30, 2024

Last sale price $235,000 $104 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,739/month

34 Days on Market

Highlights

  • Deck
  • Breakfast Bar
  • Gas Fireplace
  • Ranch Style House
  • Central Air

About This Home

As of April 2024

Step into a move-in ready stunning 2 bedroom, 3 bathroom condo. You are greeted with a sense of freshness with the new appliances and fresh paint throughout. The spacious layout offers ample room for relaxation and entertainment, with two additional rooms that can be tailored to fit your needs - whether it be a home office, a cozy reading nook, or even a craft room. The gas fireplace in the basement helps create a cozy environment. The condo is truly a gem, offering the perfect blend of comfort, style, and functionality for the discerning buyer.

Last Agent to Sell the Property

Nathan Kejella

SKOGMAN REALTY Listed on: 02/13/2024

SKOGMAN REALTY

Last Buyer's Agent

Nathan Kejella

SKOGMAN REALTY Listed on: 02/13/2024

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,605

Year Built

  • 2006

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • Gas Fireplace
  • Laundry on main level
  • Basement

Kitchen

  • Breakfast Bar
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Cable TV Available

Community Details

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,605

Year Built

2006

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1160
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar
  • Gross Tax: 3605
  • List User Cell Phone: 319-654-2942
  • Low Lvl Fin Sq Ft: 1100
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 3418
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97957
  • Ratio Close Price By Original Li: 0.94038
  • Ratio Current Price By Sq Ft: 202.59
  • Total Sq Ft: 2260
  • Water Sewer Roads: City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Appliances Included: Disposal, Refrigerator
  • Additional Room: 1st Floor Laundry
  • Basement: Pour
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 2
  • Fireplace Features: Gas
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 7

Exterior Features

  • Exterior: Partial Brick, Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars

Utilities

  • Heating Cooling: Central Air, Gas Heat

Condo/Co-op/Association

  • Association Fee: 125
  • Association: Yes

Schools

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

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Mar 20, 2023
Sold by
Obrien Jean M
Bought by
Banowetz Matthew L and Banowetz Sarah E
Seller's Agent
Steve Emig
SKOGMAN REALTY
Buyer's Agent
Jen Schmid
REAL ESTATE AMERICA, INC.
List Price
$205,000
Sold Price
$205,000
Total Days on Market
34
Views
15
Current Estimated Value
$236,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,656
Avg. Annual Appreciation
6.62%

Purchase Details

Closed on
Jul 28, 2011
Sold by
Riddle Barbara J
Bought by
Obrien Robert J and Obrien Jean M

Purchase Details

Closed on
Dec 14, 2006
Sold by
Morris Wood Enterprises Llc
Bought by
Riddle Barbara J
Source: Public Records

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Range of Values:

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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
Banowetz Matthew L $205,000 --
Obrien Robert J $164,500 None Available
Riddle Barbara J $142,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $235,000 -2.0% $104 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/13/2024 03/13/24 Price Changed $239,900 -4.0% $106 / Sq Ft
02/13/2024 02/13/24 For Sale $249,900 +21.9% $111 / Sq Ft
03/23/2023 03/23/23 Sold $205,000 0.0% $90 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $205,000 -- $90 / 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 $3,502 $201,600 $23,000 $178,600
2022 $3,182 $174,900 $21,000 $153,900
2021 $3,412 $162,600 $17,000 $145,600
2020 $3,412 $163,200 $17,000 $146,200
2019 $2,976 $146,600 $17,000 $129,600
2018 $3,028 $146,600 $17,000 $129,600
2017 $3,048 $148,500 $12,000 $136,500
2016 $3,157 $148,500 $12,000 $136,500
2015 $3,197 $150,217 $12,000 $138,217
2014 $3,012 $150,217 $12,000 $138,217
2013 $2,942 $150,217 $12,000 $138,217
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2400915

Cedar Rapids Area Association of REALTORS®

APN: 20011-57001-01020