NOT LISTED FOR SALE

3518 Banar Dr SW Unit D Cedar Rapids, IA 52404

Estimated Value: $150,252 - $178,000

2 Beds
1.5 Baths
1,040 Sq Ft
$157/Sq Ft Est. Value

Last Sold June 15, 2012

Last sale price $106,000 $102 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,196/month

2 Days on Market

Highlights

  • Deck
  • 1 Car Attached Garage
  • Breakfast Bar
  • Vaulted Ceiling
  • Forced Air Cooling System

About This Home

As of June 2012

ONE OF IOWA'S GREATEST ASSETS IS OUT YOUR BACK DOOR. IOWA FARMLAND!! ALL YOU HAVE TO DO IS MOVE IN!! RELAX AND ENJOY THIS POPULAR BANAR DRIVE CONDO-2 BEDROOMS 1.5 BATHS. MANY UPGRADES-HARDWOOD FLOORS IN ENTRY AND KITCHEN-CHERRY CABINETS-STAINLESS STEEL APPLIANCES-CARPET-BACK STAIRS OFF DECK. ALL APPLIANCES STAY. ***test***

Last Agent to Sell the Property

Susan Brooks

COLDWELL BANKER HEDGES Listed on: 04/29/2012

Last Buyer's Agent

Sheryl Perkins Jahnel

IOWA REALTY

IOWA REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,807

Year Built

  • 2006

HOA Fees

  • $80 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,040 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Community Details

Overview

  • Built by MORRIS WOOD

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,807

Year Built

2006

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Style: 2 Stories, Townhouse
  • Above Grade Finished Sq Ft: 1040
  • Association Fee Frequency: Month
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar
  • Gross Tax: 1807
  • List User Cell Phone: 319-721-4448
  • Miscellaneous: Cable Ready, Deck, Vaulted Ceiling
  • Net Tax: 1692
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 101.92
  • Total Sq Ft: 1040
  • Tax Roll Number: 200115700101015
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Townhouses
  • 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
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Attached
  • Garage Size: 264

Utilities

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

Condo/Co-op/Association

  • 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: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2012
Closed on
Jun 11, 2012
Sold by
Hafermann Joseph T and Hafermann Amelia F
Bought by
Clouse Melissa A
Seller's Agent
Susan Brooks
COLDWELL BANKER HEDGES
Buyer's Agent
Sheryl Perkins Jahnel
IOWA REALTY
List Price
$106,000
Sold Price
$106,000
Total Days on Market
2
Current Estimated Value
$163,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,313
Avg. Annual Appreciation
3.22%
Original Mortgage
$63,600
Outstanding Balance
$45,848
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$114,203

Purchase Details

Closed on
Jun 14, 2007
Sold by
Morris Wood Enterprises Llc
Bought by
Hafermann Joseph T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,231
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
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
Clouse Melissa A $106,000 None Available
Hafermann Joseph T $102,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clouse Melissa A $63,600
Previous Owner Hafermann Joseph T $99,231
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2012 06/15/12 Sold $106,000 0.0% $102 / Sq Ft
05/01/2012 05/01/12 Pending -- -- --
04/29/2012 04/29/12 For Sale $106,000 -- $102 / 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 $2,442 $138,900 $23,000 $115,900
2022 $2,244 $124,700 $21,000 $103,700
2021 $2,408 $117,300 $17,000 $100,300
2020 $2,408 $117,700 $17,000 $100,700
2019 $2,108 $106,300 $17,000 $89,300
2018 $1,972 $106,300 $17,000 $89,300
2017 $1,992 $100,000 $12,000 $88,000
2016 $2,125 $100,000 $12,000 $88,000
2015 $2,157 $101,386 $12,000 $89,386
2014 $1,972 $101,386 $12,000 $89,386
2013 $1,926 $101,386 $12,000 $89,386
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1203189

Cedar Rapids Area Association of REALTORS®

APN: 20011-57001-01015