NOT LISTED FOR SALE

3715 Banar Ave SW Cedar Rapids, IA 52404

Estimated Value: $282,000 - $331,000

3 Beds
2.5 Baths
1,711 Sq Ft
$178/Sq Ft Est. Value

Last Sold February 17, 2012

Last sale price $154,000 $90 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,065/month

6 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • 2 Car Attached Garage
  • Prairie Ridge Elementary School Rated A-
  • L-Shaped Dining Room
  • Eat-In Kitchen

About This Home

As of February 2012

Large ranch home with large great room, eat in kitchen with spacious dining nook, four seasons room, first floor utility room, three spacious main floor bedrooms, 2 1/2 baths and full basement waiting for your finishing touches! Fenced in yard includes a large deck and extra storage shed. Two car attached garage. Convenient location near Hwy. 30 and the interstate! Local bank owned property in good condition!

Last Agent to Sell the Property

Kenneth Nye

IOWA REALTY Listed on: 01/27/2012

Last Buyer's Agent

Daniel Seda

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,665

Year Built

  • 1998

Lot Details

  • Lot Dimensions are 96.97x140
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,711 Sq Ft Home
  • L-Shaped Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,665

Year Built

1998

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1711
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Dining 'L', Eat-In Kitchen
  • Gross Tax: 3665
  • List User Cell Phone: 319-310-0244
  • Miscellaneous: Cable Ready, Deck, Fencing
  • Net Tax: 3546
  • Property Sub Types: Single Family
  • 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: 90.01
  • Total Sq Ft: 1711
  • Tax Roll Number: 200117800300000
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: RES
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 2
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 624

Utilities

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

Lot Info

  • Lot Size: 96.97X140

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2012
Closed on
Feb 16, 2012
Sold by
Bankers Trust Co
Bought by
Rent Five Llc
Seller's Agent
Kenneth Nye
IOWA REALTY
Buyer's Agent
Daniel Seda
Realty87
List Price
$154,000
Sold Price
$154,000
Current Estimated Value
$304,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,868
Avg. Annual Appreciation
5.07%

Purchase Details

Closed on
Dec 15, 2011
Sold by
Smith Michael J
Bought by
Bankers Trust Company

Purchase Details

Closed on
Feb 4, 2009
Sold by
Smith Amber
Bought by
Smith Michael

Purchase Details

Closed on
Oct 26, 2005
Sold by
Revoc Pasker Margaret Jeanette
Bought by
Smith Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,850
Interest Rate
4.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 28, 1998
Sold by
Richardson Construction Ltd
Bought by
Revoc Pasker Margaret Jeanette and Margaret Jeanette Pasker Revocable Trust

Purchase Details

Closed on
May 11, 1998
Sold by
Banar Investments Llc
Bought by
Richardson Construction Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
7.25%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Rent Five Llc $154,000 None Available
Bankers Trust Company -- None Available
Smith Michael -- None Available
Smith Michael J $176,000 --
Revoc Pasker Margaret Jeanette $159,000 --
Richardson Construction Ltd $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Michael J $158,850
Previous Owner Richardson Construction Ltd $28,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2012 02/17/12 Sold $154,000 0.0% $90 / Sq Ft
02/02/2012 02/02/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $154,000 -- $90 / 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 $5,592 $323,500 $72,200 $251,300
2024 $6,074 $295,100 $64,600 $230,500
2023 $6,074 $295,100 $64,600 $230,500
2022 $4,944 $274,200 $57,000 $217,200
2021 $5,164 $227,500 $49,400 $178,100
2020 $5,164 $226,800 $49,400 $177,400
2019 $4,648 $207,200 $38,000 $169,200
2018 $4,520 $207,200 $38,000 $169,200
2017 $4,354 $206,700 $38,000 $168,700
2016 $4,354 $201,200 $38,000 $163,200
2015 $4,582 $212,958 $38,012 $174,946
2014 $4,582 $212,958 $38,012 $174,946
2013 $4,356 $212,958 $38,012 $174,946
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Kenneth Nye

    IOWA REALTY

    (319) 310-0244

    56 Total Sales

    Kenneth Nye
    Section Image
  • Daniel Seda

    Buyer's Agent in 2012

    Daniel Seda

    Realty87

    (319) 431-1010

    265 Total Sales

    Daniel Seda
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1200621

Cedar Rapids Area Association of REALTORS®

APN: 20011-78003-00000

Iowa Linn County Cedar Rapids 52404

3715 Banar Ave SW, Cedar Rapids, IA

Not Listed for Sale

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