$43,500
SOLD FEB 21, 2014

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

2 Beds
1.5 Baths
990 Sq Ft
$128/mo HOA Fee

Recently Sold

$44 Per Sq Ft

10% Below List Price

41 Days on Market

About This Home

As of February 2021

THIS FANNIE MAE HOMEPATH PROPERTY CAN BE PURCHASED FOR AS LITTLE AS 5% DOWN! THIS PROPERTY IS APPROVED FOR THE HOMEPATH, AND HOMEPATH RENOVATIONS MORTGAGE. PLEASE VISIT WWW.HOMEPATH.COM FOR FURTHER INFORMATION REGARDING FINANCING. A LITTLE WORK TO THIS 1970'S 2 STORY CONDO WITH 2 BEDROOMS, AND 1 1/2 BATHROOM WOULD GO ALONG WAY. PROPERTY ALSO HAS A BASEMENT AREA THAT IS PARTIALLY FINISHED AND NEEDS SOME WORK. FOR THE PRICE, YOU CAN'T BEAT IT. AGENTS-EMAIL FUSIONSHOWINGDESK@YAHOO.COM FOR ALL SHOWINGS. ASSOCIATION FEE INCLUDES WATER.

Last Agent to Sell the Property

KATHY EIGHME

FUSION REALTORS

Last Buyer's Agent

Nate Holler

INTREPID REAL ESTATE

Property Details

Home Type

  • Condominium

Year Built

  • 1973

HOA Fees

  • $128 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Masonry

Interior Spaces

  • 990 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Property Details

Home Type

Condominium

Year Built

1973

Lot Details

0

HOA Fees

$128 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: 1318
  • List User Cell Phone: 319-231-6980
  • Net Tax: 1318
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98864
  • Ratio Close Price By Original Li: 0.89691
  • Ratio Current Price By Sq Ft: 43.94
  • Total Sq Ft: 990
  • Tax Roll Number: 142435500401005
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1973

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 4

Exterior Features

  • Construction Methods: Frame, Masonry
  • Exterior: Brick

Utilities

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

Condo/Co-op/Association

  • Association Fee: 128
  • 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
COLDWELL BANKER HEDGES
List Price
$75,000
Sold Price
$64,000
Premium/Discount to List
-$11,000
-14.67%
Total Days on Market
41
Current Estimated Value
$93,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,314
Avg. Annual Appreciation
13.79%
Original Mortgage
$51,200
Outstanding Balance
$46,621
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$63,925

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

Map

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $64,000 None Available
Special Warranty Deed $43,500 Servicelink
Warranty Deed $58,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $51,200 New Conventional
Previous Owner $66,000 Future Advance Clause Open End Mortgage
Previous Owner $46,050 Fannie Mae Freddie Mac
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

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

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1308091

Cedar Rapids Area Association of REALTORS®

APN: 14243-55004-01005