NOT LISTED FOR SALE

3503 Banar Dr SW Unit A Cedar Rapids, IA 52404

Estimated Value: $176,896 - $223,000

2 Beds
2 Baths
1,166 Sq Ft
$80/mo HOA Fee

Last Sold May 30, 2014

Last sale price $138,000 $118 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,504/month

22 Days on Market

Highlights

  • Gated Community
  • Vaulted Ceiling
  • Great Room
  • Deck
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of May 2014

Be part of the Westdale Mall area excitement! The improvements and new opportunities for shopping, living and entertainment just don't seem to stop, and you can enjoy all of it in this one owner condominium. Being an end unit with a walk out lower level lends itself to additional privacy. An attached two stall garage provides secure entry directly into the drop zone area off the kitchen. Two freshly painted bedrooms, two baths, and entire home cleaned from top to bottom makes this one special with fast closing and possession possible. All appliances included, extra electrical has been added to the lower level and the egress window is waiting for an additional bedroom to be built around it. There is an alarm system included if the buyer wants to activate. Final offers are subject to relocation approval & signatures. No subject to the sale homes and financing pre-approval is required. Additional addendum's to sign.

Last Agent to Sell the Property

Rachel Haley

SKOGMAN REALTY Listed on: 04/09/2014

Last Buyer's Agent

Donna Franks

IOWA REALTY

IOWA REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,953

Year Built

  • 2006

HOA Fees

  • $80 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,166 Sq Ft Home
  • Vaulted Ceiling
  • Great Room
  • Combination Kitchen and Dining Room
  • Walk-Out Basement
  • Home Security System

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Community Details

Overview

  • Built by MORRIS WOOD

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Additional Features

  • Community Storage Space
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,953

Year Built

2006

Lot Details

0

HOA Fees

$80 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
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 2953
  • List User Cell Phone: 319-431-6375
  • Miscellaneous: Cable Ready, Deck, Satellite Dish, Security System, Vaulted Ceiling
  • Net Tax: 2768
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98642
  • Ratio Close Price By Original Li: 0.98642
  • Ratio Current Price By Sq Ft: 118.35
  • R Value Ceiling: 38.0000
  • R Value Sidewalls: 19.0000
  • Total Sq Ft: 1166
  • Taxable Value Tv: 150460.00
  • Tax Roll Number: 200115601401006
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Great Room
  • Basement: Pour, Walkout
  • 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: 429

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit, Secure Storage Area, Secured Entrance
  • Association Fee: 80
  • 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

Closed on
Jan 21, 2021
Sold by
Estate Of Carol Hardy
Bought by
Nagel Joseph and Nagel Connie
Total Days on Market
22
Current Estimated Value
$203,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,200
Outstanding Balance
$10,089
Interest Rate
2.6%
Mortgage Type
Stand Alone Second
Estimated Equity
$193,444

Purchase Details

Listed on
Apr 9, 2014
Closed on
May 8, 2014
Sold by
Baldonado Eric G
Bought by
Hardy Roger G and Hardy Carol R
Seller's Agent
Rachel Haley
SKOGMAN REALTY
Buyer's Agent
Donna Franks
IOWA REALTY
List Price
$139,900
Sold Price
$138,000
Premium/Discount to List
-$1,900
-1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.58%
Original Mortgage
$68,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2006
Sold by
Morris Wood Enterprises Llc
Bought by
Baldonado Eric G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,230
Interest Rate
6.47%
Mortgage Type
Stand Alone Second
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
Nagel Joseph $162,000 None Available
Hardy Roger G $138,000 None Available
Baldonado Eric G $126,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nagel Joseph $16,200
Open Nagel Joseph $145,800
Previous Owner Hardy Roger G $68,000
Previous Owner Baldonado Eric G $21,000
Previous Owner Baldonado Eric G $25,230
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $138,000 -1.4% $118 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
04/09/2014 04/09/14 For Sale $139,900 -- $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
2023 $3,416 $168,100 $23,000 $145,100
2022 $3,116 $162,000 $21,000 $141,000
2021 $3,332 $150,400 $17,000 $133,400
2020 $3,332 $151,000 $17,000 $134,000
2019 $2,672 $135,700 $17,000 $118,700
2018 $2,712 $135,700 $17,000 $118,700
2017 $2,780 $139,400 $12,000 $127,400
2016 $2,891 $139,400 $12,000 $127,400
2015 $3,131 $150,460 $12,000 $138,460
2014 $2,946 $150,460 $12,000 $138,460
2013 $2,948 $150,460 $12,000 $138,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1402307

Cedar Rapids Area Association of REALTORS®

APN: 20011-56014-01006