NOT LISTED FOR SALE

3620 Mt Vernon Rd SE Unit 6 Cedar Rapids, IA 52403

Estimated Value: $91,000 - $113,000

2 Beds
1.5 Baths
1,435 Sq Ft
$180/mo HOA Fee

Last Sold February 18, 2021

Last sale price $64,000 $45 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $851/month

3 Days on Market

About This Home

As of February 2021

******SALE PENDING******

Last Agent to Sell the Property

Tyler Oswood

INTREPID REAL ESTATE Listed on: 01/05/2021

Last Buyer's Agent

Mark DeMeulenaere

Realty87

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,189

Year Built

  • 1975

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,189

Year Built

1975

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 990
  • Association Fee Frequency: Month
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Gross Tax: 1189
  • List User Cell Phone: 319-929-6066
  • Low Lvl Fin Sq Ft: 445
  • Net Tax: 1189
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.85333
  • Ratio Close Price By Original Li: 0.85333
  • Ratio Current Price By Sq Ft: 64.65
  • Total Sq Ft: 1435
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1975

Interior Features

  • Appliances Included: Dryer, Range, Refrigerator, Washer, Water Heater – Gas
  • Basement: Full
  • 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: Brick, Wood

Garage/Parking

  • Garage/Parking: Off Street Parking

Utilities

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

Condo/Co-op/Association

  • Association Fee: 180
  • Association: Yes

Schools

  • Elementary School: Erskine
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: Common

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2021
Closed on
Feb 17, 2021
Sold by
Pungyo Llc
Bought by
Lemaster Lynda B
Seller's Agent
Tyler Oswood
INTREPID REAL ESTATE
Buyer's Agent
Mark DeMeulenaere
Realty87
List Price
$75,000
Sold Price
$64,000
Premium/Discount to List
-$11,000
-14.67%
Current Estimated Value
$99,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,154
Avg. Annual Appreciation
10.56%
Original Mortgage
$51,200
Outstanding Balance
$46,416
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$52,738

Purchase Details

Listed on
Dec 18, 2013
Closed on
Feb 8, 2014
Sold by
Fannie Mae
Bought by
Pungyo Llc
Seller's Agent
KATHY EIGHME
FUSION REALTORS
Buyer's Agent
Nate Holler
INTREPID REAL ESTATE
List Price
$48,500
Sold Price
$43,500
Premium/Discount to List
-$5,000
-10.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$66,000
Interest Rate
4.54%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 14, 2005
Sold by
Anderson Carole S and Anderson Richard K
Bought by
Schrum Nicholas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,050
Interest Rate
6.06%
Mortgage Type
Fannie Mae Freddie Mac
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
Lemaster Lynda B $64,000 None Available
Pungyo Llc $43,500 Servicelink
Schrum Nicholas R $58,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemaster Lynda B $51,200
Previous Owner Pungyo Llc $66,000
Previous Owner Schrum Nicholas R $46,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2021 02/18/21 Sold $64,000 -14.7% $45 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $75,000 +72.4% $52 / Sq Ft
02/21/2014 02/21/14 Sold $43,500 -10.3% $44 / Sq Ft
01/28/2014 01/28/14 Pending -- -- --
12/18/2013 12/18/13 For Sale $48,500 -- $49 / 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 $1,436 $93,300 $13,000 $80,300
2022 $1,410 $77,000 $10,000 $67,000
2021 $1,494 $77,000 $10,000 $67,000
2020 $1,494 $67,700 $10,000 $57,700
2019 $1,404 $65,100 $10,000 $55,100
2018 $1,364 $65,100 $10,000 $55,100
2017 $1,364 $65,000 $4,000 $61,000
2016 $1,382 $65,000 $4,000 $61,000
2015 $1,388 $65,198 $4,000 $61,198
2014 $1,388 $65,198 $4,000 $61,198
2013 $679 $65,198 $4,000 $61,198
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2100045

Cedar Rapids Area Association of REALTORS®

APN: 14243-55004-01005