3507 E Ave NW Unit E Cedar Rapids, IA 52405
2
Beds
2
Baths
975
Sq Ft
$150/mo
HOA Fee
Highlights
- Gated Community
- Vaulted Ceiling
- Formal Dining Room
- Deck
- Main Floor Primary Bedroom
- 1 Car Detached Garage
About This Home
As of September 2020Why 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****
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
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%
Total Days on Market
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,051
Avg. Annual Appreciation
5.23%
Original Mortgage
$9,000
Outstanding Balance
$7,403
Interest Rate
2.9%
Mortgage Type
Stand Alone Second
Estimated Equity
$106,648
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
6.24%
Original Mortgage
$56,630
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage
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%
Map
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Similar Homes in Cedar Rapids, IA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $90,000 | None Available | |
| Warranty Deed | $143,200 | Estlund Tim | |
| Deed | -- | None Available | |
| Deed | -- | None Available | |
| Warranty Deed | $71,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $76,500 | None Available | |
| Warranty Deed | $79,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $9,000 | Stand Alone Second | |
| Open | $81,000 | New Conventional | |
| Closed | $81,000 | New Conventional | |
| Previous Owner | $56,630 | Purchase Money Mortgage | |
| Previous Owner | $16,500 | Credit Line Revolving | |
| Previous Owner | $65,450 | Fannie Mae Freddie Mac | |
| Previous Owner | $76,070 | No Value Available | |
| Closed | $9,000 | No Value Available |
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
| 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 | $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
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2005286
APN: 13251-01005-01010
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