$272,500
SOLD MAY 12, 2022

3900 Banar Ave SW Cedar Rapids, IA 52404

5 Beds
3 Baths
2,442 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$112 Per Sq Ft

9% Above List Price

3 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Recreation Room
  • Ranch Style House
  • Forced Air Cooling System

About This Home

As of May 2022

Spacious open-concept ranch located on the SW side of Cedar Rapids. Easy access to shopping, schools and the interstate. With 5 bedrooms, 3 bathrooms, and over 2,400 sq ft, there is room for the whole family. Explore the main level and you’ll find an open floor plan, huge living room, beautiful newer wood flooring throughout, and plenty of natural light. The kitchen includes a stainless-steel refrigerator, dark wood cabinetry, built-in microwave, stainless-steel oven, double stainless-steel sink, and a dishwasher. In the bedrooms you will find ample closet space and a modern ensuite bathroom attached to the primary bedroom. The partially finished basement needs a little TLC to make it the perfect entertainment area. It boasts 2 additional bedrooms and another full bathroom with daylight windows. All offers to be submitted by 3PM Sunday April 3rd. Sellers to respond by 7PM.

Last Agent to Sell the Property

Jenna Burt-Top Tier Home Team

Keller Williams Legacy Group Listed on: 03/31/2022

Keller Williams Legacy Group

Last Buyer's Agent

Keith Mahoney

Keller Williams Legacy Group

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,754

Year Built

  • 2006

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 70 x 120
  • Fenced

Home Design

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

Interior Spaces

  • Vaulted Ceiling
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,754

Year Built

2006

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1900
  • Above Grade Finished Sq Ft: 1342
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 5754
  • List User Cell Phone: 319-310-9840
  • Low Lvl Fin Sq Ft: 1100
  • Miscellaneous: Cable Ready, Deck, Fencing, Patio, Storage Shed, Vaulted Ceiling
  • Net Tax: 5559
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.09000
  • Ratio Close Price By Original Li: 1.09000
  • Ratio Current Price By Sq Ft: 203.06
  • Total Sq Ft: 2442
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Living Room, Non Egress-Ll Room, Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 9

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached, Off Street Parking

Utilities

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

Schools

  • Elementary School: College Comm
  • Middle School: College Comm
  • High School: College Comm

Lot Info

  • Lot Size: 70 x 120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 7, 2022
Sold by
Velez Allyn A
Bought by
Plotz Katrina L
Seller's Agent
Jenna Burt-Top Tier Home Team
Keller Williams Legacy Group
Buyer's Agent
Keith Mahoney
Keller Williams Legacy Group
List Price
$250,000
Sold Price
$272,500
Premium/Discount to List
$22,500
9%
Current Estimated Value
$310,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,384
Avg. Annual Appreciation
4.05%
Original Mortgage
$23,000
Outstanding Balance
$16,742
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$294,142

Purchase Details

Listed on
Jul 27, 2018
Closed on
Oct 10, 2018
Sold by
Flockhart Jason L and Flockhart Sarah E
Bought by
Newcomb Anthony P and Newcomb Allyn A
Seller's Agent
Michael Smith
eXp Realty
Buyer's Agent
Gina Kopera
Primis Real Estate
List Price
$232,000
Sold Price
$219,000
Premium/Discount to List
-$13,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$226,227
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Oct 7, 2009
Sold by
Clark Sharon and Lipcamon Jean
Bought by
Flockhart Jason L and Flockhart Sarah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,739
Interest Rate
5.1%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 2006
Sold by
Katzmann Llc
Bought by
Kale Helen Marie

Purchase Details

Closed on
Dec 9, 2002
Sold by
Jpm Enterprises Inc
Bought by
Dangsupha Siriwan
Source: Public Records

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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 $272,500 Oshea & Oshea Pc
Warranty Deed $219,000 None Available
Legal Action Court Order $179,500 None Available
Warranty Deed $180,500 None Available
Warranty Deed $27,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $23,000 New Conventional
Open $245,250 New Conventional
Previous Owner $226,828 VA
Previous Owner $226,227 VA
Previous Owner $15,600 Credit Line Revolving
Previous Owner $176,739 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $272,500 +9.0% $112 / Sq Ft
04/03/2022 04/03/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $250,000 +14.2% $102 / Sq Ft
10/15/2018 10/15/18 Sold $219,000 0.0% $90 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
08/16/2018 08/16/18 Price Changed $219,000 -2.2% $90 / Sq Ft
08/09/2018 08/09/18 Price Changed $224,000 -1.3% $92 / Sq Ft
08/03/2018 08/03/18 Price Changed $227,000 -2.2% $93 / Sq Ft
07/27/2018 07/27/18 For Sale $232,000 -- $95 / 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
2024 $5,638 $292,100 $54,700 $237,400
2023 $5,638 $292,100 $54,700 $237,400
2022 $4,462 $263,400 $48,300 $215,100
2021 $4,980 $217,700 $41,900 $175,800
2020 $4,980 $218,700 $41,900 $176,800
2019 $4,312 $200,800 $32,200 $168,600
2018 $4,190 $200,800 $32,200 $168,600
2017 $4,280 $198,700 $32,200 $166,500
2016 $4,183 $193,300 $32,200 $161,100
2015 $3,981 $185,028 $32,200 $152,828
2014 $3,794 $185,028 $32,200 $152,828
2013 $3,602 $185,028 $32,200 $152,828
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2202923

Cedar Rapids Area Association of REALTORS®

APN: 20011-51011-00000