NOT LISTED FOR SALE

3526 Banar Dr SW Unit F Cedar Rapids, IA 52404

Estimated Value: $155,848 - $176,000

2 Beds
1.5 Baths
1,205 Sq Ft
$80/mo HOA Fee

Last Sold July 31, 2014

Last sale price $106,000 $88 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,170/month

110 Days on Market

Highlights

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

About This Home

As of July 2014

Well cared for and move in ready, this end unit condo offers both privacy and convenience! Back deck overlooks farmland and, home is walking distance to shopping, close to Hwy 30 and I-80. This home has fresh paint, large closets, plenty of storage space, and a finished lower level that could be a family room, office, workout room, or a 3rd non-conforming bedroom. Seller will leave bar stools and entertainment chest in basement unless buyer would like them removed.

Last Agent to Sell the Property

Becky Conrads

LEPIC-KROEGER CORRIDOR, REALTORS Listed on: 04/03/2014

Last Buyer's Agent

Diona Carpenter

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,116

Year Built

  • 2006

HOA Fees

  • $80 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 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
  • 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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,116

Year Built

2006

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1024
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar
  • Gross Tax: 2116
  • List User Cell Phone: 319-541-6156
  • Low Lvl Fin Sq Ft: 181
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 2116
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96451
  • Ratio Close Price By Original Li: 0.94727
  • Ratio Current Price By Sq Ft: 103.52
  • Total Sq Ft: 1205
  • Tax Roll Number: 200115700101011
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Appliances Included: Dishwasher, Disposal, 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
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: 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

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2014
Closed on
Jul 30, 2014
Sold by
Kelchen Kyle J and Arnold Bradi
Bought by
Kell Lauri
Seller's Agent
Becky Conrads
LEPIC-KROEGER CORRIDOR, REALTORS
Buyer's Agent
Diona Carpenter
SKOGMAN REALTY
List Price
$111,900
Sold Price
$106,000
Premium/Discount to List
-$5,900
-5.27%
Total Days on Market
110
Current Estimated Value
$163,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,712
Avg. Annual Appreciation
4.07%
Original Mortgage
$97,069
Interest Rate
4.15%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 26, 2012
Closed on
May 31, 2012
Sold by
Slinger Melissa M and Slinger Mickey J
Bought by
Kelchen Kyle J
Seller's Agent
Kris Watkins
COLDWELL BANKER HEDGES
Buyer's Agent
Kris Watkins
COLDWELL BANKER HEDGES
List Price
$109,500
Sold Price
$109,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.49%
Original Mortgage
$98,550
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 4, 2011
Sold by
Frasher Gail L and Frasher Thomas James
Bought by
Slinger Melissa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2006
Sold by
Morris Wood Enterprises Llc
Bought by
Sherman Gail L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.38%
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
Kell Lauri $106,000 None Available
Kelchen Kyle J $109,500 None Available
Slinger Melissa M $107,000 None Available
Sherman Gail L $98,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kell Lauri Ruth $92,250
Closed Kell Lauri $93,933
Closed Kell Lauri $97,069
Previous Owner Kelchen Kyle J $98,550
Previous Owner Slinger Melissa M $77,500
Previous Owner Sherman Gail L $23,500
Previous Owner Sherman Gail L $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2014 07/31/14 Sold $106,000 -5.3% $88 / Sq Ft
07/22/2014 07/22/14 Pending -- -- --
04/03/2014 04/03/14 For Sale $111,900 +2.2% $93 / Sq Ft
06/04/2012 06/04/12 Sold $109,500 0.0% $91 / Sq Ft
04/28/2012 04/28/12 Pending -- -- --
04/26/2012 04/26/12 For Sale $109,500 -- $91 / 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 $2,648 $139,700 $23,000 $116,700
2022 $2,444 $125,500 $21,000 $104,500
2021 $2,614 $118,000 $17,000 $101,000
2020 $2,614 $118,500 $17,000 $101,500
2019 $2,304 $106,900 $17,000 $89,900
2018 $2,316 $106,900 $17,000 $89,900
2017 $2,324 $106,700 $12,000 $94,700
2016 $2,268 $106,700 $12,000 $94,700
2015 $2,292 $107,747 $12,000 $95,747
2014 $2,292 $107,747 $12,000 $95,747
2013 $2,244 $107,747 $12,000 $95,747
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1402141

Cedar Rapids Area Association of REALTORS®

APN: 20011-57001-01011