NOT LISTED FOR SALE

3507 E Ave NW Unit E Cedar Rapids, IA 52405

Estimated Value: $108,000 - $118,000

2 Beds
2 Baths
975 Sq Ft
$150/mo HOA Fee

Last Sold September 28, 2020

Last sale price $90,000 $92 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $906/month

56 Days on Market

Highlights

  • Gated Community
  • Vaulted Ceiling
  • Formal Dining Room
  • Deck
  • Main Floor Primary Bedroom
  • 1 Car Detached Garage

About This Home

As of September 2020

Why rent when you can own! This affordable move-in ready condo is waiting for its new owner. Rare 2 bedroom, 2 bath unit. The master has ensuite and a walk-in closet. New carpet throughout. Vaulted ceiling in the living room, dining room and kitchen allow for an open airy feeling. In unit laundry includes updated washer and dryer. Private balcony with downtown views (perfect for fireworks) Secure entrance and a 1 stall garage plus a convenient location makes this condo a great choice. Not to mention you don't have to mow a lawn or shovel snow. *****8-18-20 Accepted offer, still showing for backup offers through contingencies****

Last Agent to Sell the Property

Douglas Klinger

IOWA REALTY Listed on: 07/17/2020

Last Buyer's Agent

Maggie Druger

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,654

Year Built

  • 1999

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 975 Sq Ft Home
  • Vaulted Ceiling
  • Living Room
  • Formal Dining Room
  • Intercom
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Guest Parking

Outdoor Features

  • Deck

Utilities

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

Community Details

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Additional Features

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,654

Year Built

1999

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Above Grade Finished Sq Ft: 975
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Bedrooms Level 3: 2
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 3rd Floor +
  • Dining Features: Formal Dining
  • Gross Tax: 1654
  • List User Cell Phone: 319-360-4150
  • Miscellaneous: Cable Ready, Deck, Intercom, Vaulted Ceiling
  • Net Tax: 1654
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00111
  • Ratio Close Price By Original Li: 1.00111
  • Ratio Current Price By Sq Ft: 92.31
  • Total Sq Ft: 975
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1999

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Living Room
  • Full Bathrooms: 2
  • Level 3 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached, Guest Parking

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit, Lawncaresnowremovalincluded, Secured Entrance
  • Association Fee: 150
  • Association: Yes

Schools

  • Elementary School: Hoover
  • Middle School: Roosevelt
  • High School: Jefferson

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: # Of Pets Allowed, Pet Weight Limit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Sep 23, 2020
Sold by
Hearst Ashley J and Hearst Ashley Jo
Bought by
Stewart Carl Mikel
Seller's Agent
Douglas Klinger
IOWA REALTY
Buyer's Agent
Maggie Druger
SKOGMAN REALTY
List Price
$89,900
Sold Price
$90,000
Premium/Discount to List
$100
0.11%
Current Estimated Value
$114,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,687
Avg. Annual Appreciation
4.97%
Original Mortgage
$81,000
Outstanding Balance
$72,330
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$42,357

Purchase Details

Closed on
Jun 22, 2019
Sold by
Hearst Ashley Jo
Bought by
Court Ridge Homeowners

Purchase Details

Closed on
Sep 26, 2018
Sold by
Hearst Ashley Jo
Bought by
Court Ridge Homeowner S Assn

Purchase Details

Listed on
Apr 9, 2017
Closed on
Jul 23, 2017
Sold by
Readnour Michelle L
Bought by
Hearst Ashley J
Seller's Agent
Sharon Clore
IOWA REALTY
Buyer's Agent
Douglas Klinger
IOWA REALTY
List Price
$79,900
Sold Price
$71,000
Premium/Discount to List
-$8,900
-11.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%

Purchase Details

Closed on
Dec 20, 2007
Sold by
Roseberry Mark D and Roseberry Tamara Kay
Bought by
Roseberry Mark D and Roseberry Tamara Kay

Purchase Details

Closed on
Dec 21, 2005
Sold by
Hoque Ehsanul
Bought by
Readnour Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,450
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 5, 2002
Sold by
Kann Melanie S
Bought by
Hoque Ehsanul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,070
Interest Rate
6.38%
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
Stewart Carl Mikel $90,000 None Available
Stewart Carl Mikel $143,200 Estlund Tim
Court Ridge Homeowners -- None Available
Court Ridge Homeowner S Assn -- None Available
Hearst Ashley J $71,000 None Available
Roseberry Mark D -- None Available
Readnour Michelle L $76,500 None Available
Hoque Ehsanul $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Carl Mikel $81,000
Closed Stewart Carl Mikel $81,000
Previous Owner Readnour Michelle L $65,450
Previous Owner Hoque Ehsanul $76,070
Closed Stewart Carl Mikel $9,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $90,000 +0.1% $92 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $89,900 +26.6% $92 / Sq Ft
07/27/2017 07/27/17 Sold $71,000 -11.1% $73 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
04/09/2017 04/09/17 For Sale $79,900 -- $82 / 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 $1,778 $114,500 $17,000 $97,500
2024 $1,904 $100,500 $13,500 $87,000
2023 $1,904 $100,500 $13,500 $87,000
2022 $1,830 $90,300 $13,500 $76,800
2021 $1,698 $88,300 $13,500 $74,800
2020 $1,698 $77,000 $10,000 $67,000
2019 $1,536 $77,000 $10,000 $67,000
2018 $1,208 $69,400 $10,000 $59,400
2017 $1,208 $74,000 $5,000 $69,000
2016 $1,625 $76,500 $5,000 $71,500
2015 $1,709 $80,326 $5,000 $75,326
2014 $1,524 $80,326 $5,000 $75,326
2013 -- $80,326 $5,000 $75,326
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Douglas Klinger

    IOWA REALTY

    (319) 360-4150

    25 Total Sales

    Douglas Klinger
    Section Image
  • Maggie Druger

    Buyer's Agent in 2020

    Maggie Druger

    SKOGMAN REALTY

    (319) 213-1544

    105 Total Sales

    Maggie Druger
    Section Image

  • S

    Seller's Agent in 2017

    Sharon Clore

    IOWA REALTY

    21 Total Sales

    Sharon Clore
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2005286

Cedar Rapids Area Association of REALTORS®

APN: 13251-01005-01010

Iowa Linn County Cedar Rapids 52405

3507 E Ave NW Unit E, Cedar Rapids, IA

This home is located at 3507 E Ave NW Unit E, Cedar Rapids, IA 52405 since 17 July 2020 and is currently estimated at $114,687, approximately $117 per square foot. This property was built in 1999. 3507 E Ave NW Unit E is a home located in Linn County with nearby schools including Hoover Elementary School, Roosevelt Creative Corridor Business Academy, and Thomas Jefferson High 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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