$94,000
SOLD NOV 15, 2017

3807 Lexington Dr NE Unit D Cedar Rapids, IA 52402

2 Beds
1 Bath
1,022 Sq Ft
$100/mo HOA Fee

Recently Sold

$92 Per Sq Ft

1% Below List Price

21 Days on Market

Highlights

  • Gated Community
  • Deck
  • Vaulted Ceiling
  • John F. Kennedy High School Rated A-
  • Wooded Lot
  • Formal Dining Room

About This Home

As of November 2019

Open the door and you’ll sigh and say, “I’m home…” Bright and cheery 2nd floor condo with vaulted ceilings, painted woodwork and light streaming in from the newer windows facing three directions. Enjoy the spacious living room with its bow window, the formal dining room with its sliders to the deck that has new carpeting and overlooks the woods and the kitchen with its eat-in nook tucked between the bay windows. The original owner has maintained and updated this condo throughout the decades and now it is ready for a new owner. Single attached garage. Separate, secured storage room across the hall. Condo fee is only a $100 month. Monthly utilities are Elec: $49; Gas: $43 and Water $51. Start up fee is $250. No pets. No rentals.

Last Agent to Sell the Property

Judith Sloane

SKOGMAN REALTY Listed on: 09/11/2017

SKOGMAN REALTY

Last Buyer's Agent

Angie Allebach

IOWA REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,693

Year Built

  • 1985

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,022 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Living Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Deck
  • Wooded Lot

Community Details

Overview

  • Built by Skogman

Pet Policy

  • No Pets Allowed

Additional Features

  • Community Storage Space
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,693

Year Built

1985

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1022
  • Association Fee Frequency: Month
  • Association Management: By Association, Start Up Fee
  • 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: 1693
  • List User Cell Phone: 319-360-1036
  • Miscellaneous: Deck, Vaulted Ceiling
  • Net Tax: 1508
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99471
  • Ratio Close Price By Original Li: 0.99471
  • Ratio Current Price By Sq Ft: 91.98
  • Total Sq Ft: 1022
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Appliances Included: Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 2nd Floor Laundry, Living Room
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Site Description: Wooded

Exterior Features

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

Garage/Parking

  • Garage/Parking: 1 Car, Attached

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit, Secure Storage Area, Secured Entrance
  • Association Fee: 100
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Common

Building Info

  • Builder Name: Skogman

Rental Info

  • Pets: Pets Not Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2017
Closed on
Nov 3, 2017
Sold by
Loop Margaret M
Bought by
Whitters Laura L
Seller's Agent
Judith Sloane
SKOGMAN REALTY
Buyer's Agent
Angie Allebach
IOWA REALTY
List Price
$94,500
Sold Price
$94,000
Premium/Discount to List
-$500
-0.53%
Current Estimated Value
$132,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,661
Avg. Annual Appreciation
4.47%
Original Mortgage
$89,300
Outstanding Balance
$74,888
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$57,773
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $94,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $89,300 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $94,500 -2.1% $92 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
10/21/2019 10/21/19 Price Changed $96,500 -3.4% $94 / Sq Ft
09/27/2019 09/27/19 Price Changed $99,900 -2.1% $98 / Sq Ft
09/23/2019 09/23/19 For Sale $102,000 +8.5% $100 / Sq Ft
11/15/2017 11/15/17 Sold $94,000 -0.5% $92 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
09/11/2017 09/11/17 For Sale $94,500 -- $92 / 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 $2,168 $125,100 $19,000 $106,100
2024 $2,052 $123,600 $19,000 $104,600
2023 $2,052 $122,500 $19,000 $103,500
2022 $2,016 $97,300 $16,000 $81,300
2021 $2,098 $97,300 $16,000 $81,300
2020 $2,098 $95,100 $16,000 $79,100
2019 $1,756 $90,000 $16,000 $74,000
2018 $1,610 $90,000 $16,000 $74,000
2017 $1,693 $86,300 $6,000 $80,300
2016 $1,693 $83,000 $6,000 $77,000
2015 $1,749 $85,482 $6,000 $79,482
2014 $1,564 $85,482 $6,000 $79,482
2013 $1,524 $85,482 $6,000 $79,482
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1708470

Cedar Rapids Area Association of REALTORS®

APN: 14082-28013-01003