NOT LISTED FOR SALE

3515 E Ave NW Unit E Cedar Rapids, IA 52405

Estimated Value: $92,821 - $119,000

2 Beds
2 Baths
975 Sq Ft
$110/mo HOA Fee

Last Sold July 18, 2014

Last sale price $85,000 $87 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $829/month

88 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Forced Air Cooling System
  • Junction City Elementary School Rated A
  • 1 Car Detached Garage
  • Breakfast Bar

About This Home

As of July 2014

NOT your average condo! Custom-designed by the builder with extra features, this unit is exquisite in every detail. Must see the beautiful, soaring wood-paneled ceilings with wide crown molding, cedar coat closet and spacious built-ins—to the top-of-the-line kitchen, featuring a stone breakfast bar area, dovetailed and roll out shelving, glass-front china doors, intricate bead-molding and more. All appliances negotiable. Master suite with fully-tiled shower and soothing soaker head. Walk-in closet. 6-paneled doors throughout. This is the ONLY unit in the complex with these stunning features, including east, south and west windows. You will not find a nicer condo anywhere in the area at this price. Cats allowed. This particular unit is at the farthest end, providing a pleasant & secluded wooded atmosphere and a nice view of the city from the large balcony. A must see to appreciate!

Last Agent to Sell the Property

Jeremy Johannes

Epique Realty Listed on: 03/12/2014

Epique Realty

Last Buyer's Agent

Sheryl Perkins Jahnel

IOWA REALTY

IOWA REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,473

Year Built

  • 2000

HOA Fees

  • $110 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 975 Sq Ft Home
  • Living Room
  • Combination Kitchen and Dining Room

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

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Community Details

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,473

Year Built

2000

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 975
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 3rd Floor +
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 1473
  • Limited Service Yn: Yes
  • List User Cell Phone: 319-540-1002
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 1438
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97814
  • Ratio Close Price By Original Li: 0.97814
  • Ratio Current Price By Sq Ft: 87.18
  • Total Sq Ft: 975
  • Tax Roll Number: 132510100501034
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2000

Interior Features

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

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit
  • Association Fee: 110
  • Association: Yes

Lot Info

  • Lot Size: COMMON

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2014
Closed on
Jul 10, 2014
Sold by
Burmeister Jacquelin S
Bought by
Ellickson Janelle C
Seller's Agent
Jeremy Johannes
Epique Realty
Buyer's Agent
Sheryl Perkins Jahnel
IOWA REALTY
List Price
$86,900
Sold Price
$85,000
Premium/Discount to List
-$1,900
-2.19%
Current Estimated Value
$115,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,161
Avg. Annual Appreciation
2.06%
Original Mortgage
$83,488
Outstanding Balance
$63,209
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$44,246

Purchase Details

Closed on
Apr 13, 2009
Sold by
Disenhouse Daniel M and Disenhouse Lisa A
Bought by
Cedar Rapids Bank & Trust Company

Purchase Details

Closed on
Apr 30, 2007
Sold by
Benning Robin and Benning Anthony
Bought by
Burmeister Jacquelyn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2004
Sold by
Hawthorn David L and Hawthorn Diane S
Bought by
Colburn Robin and Benning Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,520
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ellickson Janelle C $85,000 None Available
Cedar Rapids Bank & Trust Company -- None Available
Burmeister Jacquelyn S $90,500 None Available
Colburn Robin $86,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellickson Janelle C $83,488
Previous Owner Burmeister Jacquelyn S $92,000
Previous Owner Colburn Robin $69,520
Closed Colburn Robin $17,380
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2014 07/18/14 Sold $85,000 -2.2% $87 / Sq Ft
06/08/2014 06/08/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $86,900 -- $89 / 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 $1,470 $114,500 $17,000 $97,500
2024 $1,718 $100,500 $13,500 $87,000
2023 $1,718 $100,500 $13,500 $87,000
2022 $1,644 $90,300 $13,500 $76,800
2021 $1,510 $88,300 $13,500 $74,800
2020 $1,510 $77,000 $10,000 $67,000
2019 $1,312 $69,400 $10,000 $59,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1401738

Cedar Rapids Area Association of REALTORS®

APN: 13251-01005-01034