NOT LISTED FOR SALE

3801 Lexington Dr NE Unit D Cedar Rapids, IA 52402

Estimated Value: $127,000 - $137,000

2 Beds
1 Bath
1,022 Sq Ft
$110/mo HOA Fee

Last Sold May 25, 2022

Last sale price $125,000 $122 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,010/month

19 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Ranch Style House
  • John F. Kennedy High School Rated A-
  • Vaulted Ceiling
  • Screened Porch

About This Home

As of May 2022

Check out this updated Lexington Green condo! Top floor unit, with vaulted ceilings, updated lighting, updated windows, and easy access to the above garage storage area. The condo also has all new flooring and fresh paint. The unit includes a wood burning fireplace (currently not used but can be used very easily) as well as a covered screened in back deck with private wooded views.

Dishwasher and stove are less than two years old. New water heater. Furnace and Air Conditioner are less than five years old and professionally maintained. Washing machine and dryer are included.

The association is in the process of finishing the derecho damage repairs and the roof was replaced approximately a year and a half ago. This is a great NE side condo to live in and enjoy!

Last Agent to Sell the Property

Jeremy Trenkamp

Realty87 Listed on: 04/06/2022

Realty87

Last Buyer's Agent

Jen Haney

Pinnacle Realty LLC

Pinnacle Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,185

Year Built

  • 1985

HOA Fees

  • $110 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,022 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Screened Porch
  • Intercom

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Deck
  • Wooded Lot

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,185

Year Built

1985

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1022
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 2185
  • List User Cell Phone: 319-270-1323
  • Miscellaneous: Cable Ready, Deck, Intercom, Vaulted Ceiling
  • Net Tax: 2185
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00080
  • Ratio Close Price By Original Li: 0.96228
  • Ratio Current Price By Sq Ft: 122.31
  • Total Sq Ft: 1022
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, 3 Seasons, Screen Porch
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Wood Burning, Living Room
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Wooded

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 110
  • Association: Yes

Schools

  • Elementary School: Pierce
  • Middle School: Franklin
  • High School: Kennedy

Lot Info

  • Lot Size: Common

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2022
Closed on
May 24, 2022
Sold by
Lage Thomas M and Lage Nadia M
Bought by
Richards William J
Seller's Agent
Jeremy Trenkamp
Realty87
Buyer's Agent
Jen Haney
Pinnacle Realty LLC
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%
Current Estimated Value
$133,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,576
Avg. Annual Appreciation
2.01%
Original Mortgage
$112,500
Outstanding Balance
$104,856
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$28,720

Purchase Details

Closed on
Feb 13, 2019
Sold by
Baier Kelly R and Baier Rachelle H
Bought by
Lage Thomas M and Lage Nadia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,300
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Richards William J $125,000 None Listed On Document
Lage Thomas M $88,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richards William J $112,500
Previous Owner Lage Thomas M $87,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $125,000 +0.1% $122 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/20/2022 04/20/22 Price Changed $124,900 -3.8% $122 / Sq Ft
04/06/2022 04/06/22 For Sale $129,900 +57.5% $127 / Sq Ft
04/01/2014 04/01/14 Sold $82,500 -6.3% $81 / Sq Ft
02/18/2014 02/18/14 Pending -- -- --
11/10/2013 11/10/13 For Sale $88,000 -- $86 / 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 $2,300 $132,700 $19,000 $113,700
2024 $2,176 $131,100 $19,000 $112,100
2023 $2,176 $130,000 $19,000 $111,000
2022 $1,952 $103,200 $16,000 $87,200
2021 $2,036 $103,200 $16,000 $87,200
2020 $2,036 $100,900 $16,000 $84,900
2019 $1,872 $95,400 $16,000 $79,400
2018 $1,720 $95,400 $16,000 $79,400
2017 $1,805 $88,200 $6,000 $82,200
2016 $1,805 $84,900 $6,000 $78,900
2015 $1,859 $87,370 $6,000 $81,370
2014 $1,674 $87,370 $6,000 $81,370
2013 $1,562 $87,370 $6,000 $81,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2203129

Cedar Rapids Area Association of REALTORS®

APN: 14082-28012-01003