NOT LISTED FOR SALE

4002 Lexington Dr NE Unit A Cedar Rapids, IA 52402

Estimated Value: $151,974 - $172,000

3 Beds
2 Baths
1,316 Sq Ft
$153/mo HOA Fee

Last Sold April 02, 2021

Last sale price $143,000 $109 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,263/month

39 Days on Market

Highlights

  • Gated Community
  • 2-Story Property
  • Formal Dining Room
  • John F. Kennedy High School Rated A-
  • Main Floor Primary Bedroom
  • 1 Car Attached Garage

About This Home

As of April 2021

Main floor 3 bedroom condo..no steps no hassles. Over 1300 sq ft. most sq ft and biggest garage of all other units. New: Ceiling with recessed or can lites, carpet, Fridge, Stove, A/C, Flooring. Master BR is approx 15 x 15 with Master Bath. Huge Eat in Kitchen, nice formal Dining Room . Schedule your showing today. Just like new.. More storage is available upstairs ..

Last Listed By

Paul Canas

Pinnacle Realty LLC Listed on: 02/01/2021

Pinnacle Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,572

Year Built

  • 1979

HOA Fees

  • $153 Monthly HOA Fees

Home Design

  • 2-Story Property
  • Slab Foundation
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,316 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room
  • Formal Dining Room
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

Recreation

  • Snow Removal

Pet Policy

  • No Pets Allowed

Additional Features

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,572

Year Built

1979

Lot Details

0

HOA Fees

$153 per month

Listing Details

  • Style: 2 Stories, Ranch
  • Above Grade Finished Sq Ft: 1316
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Eat-In Kitchen, Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 2572
  • List User Cell Phone: 319-981-1450
  • Miscellaneous: Cable Ready, Patio
  • Net Tax: 2572
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.97279
  • Ratio Current Price By Sq Ft: 108.66
  • Total Sq Ft: 1316
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1979

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Refrigerator, Water Heater – Gas
  • Additional Room: Living Room
  • Basement: Slab
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Wood Burning
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 1 Car, Attached

Utilities

  • Heating Cooling: Central Air, Gas Heat

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit, Lawncaresnowremovalincluded, Secured Entrance
  • Association Fee: 153
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: Pets Not Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Apr 2, 2021
Sold by
Blue Sea Llc
Bought by
Hall Mary Jo and Hall Peter
Seller's Agent
Paul Canas
Pinnacle Realty LLC
Buyer's Agent
Ainsley Snyder
Keller Williams Legacy Group
List Price
$143,000
Sold Price
$143,000
Total Days on Market
39
Current Estimated Value
$160,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,244
Avg. Annual Appreciation
1.97%
Original Mortgage
$75,000
Outstanding Balance
$68,244
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$86,821

Purchase Details

Listed on
Jun 16, 2020
Closed on
Sep 15, 2020
Sold by
Mitchell John Robert
Bought by
Blue Sea Llc
Seller's Agent
Karrie Schultz
Keller Williams Legacy Group
Buyer's Agent
Paul Canas
Pinnacle Realty LLC
List Price
$105,000
Sold Price
$98,000
Premium/Discount to List
-$7,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
101.33%
Original Mortgage
$104,267
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 23, 1998
Sold by
Sweet Verda M
Bought by
Mitchell James R and Mitchell Margie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
6.99%

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
Hall Mary Jo $143,000 None Available
Blue Sea Llc $98,000 None Available
Mitchell James R $88,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Mary Jo $75,000
Previous Owner Blue Sea Llc $104,267
Previous Owner Blue Sea Llc $125,000
Previous Owner Mitchell James R $60,500
Previous Owner Mitchell James R $71,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $143,000 0.0% $109 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $143,000 0.0% $109 / Sq Ft
03/01/2021 03/01/21 Off Market $143,000 -- --
02/23/2021 02/23/21 Price Changed $143,000 -1.4% $109 / Sq Ft
02/16/2021 02/16/21 For Sale $145,000 +1.4% $110 / Sq Ft
02/15/2021 02/15/21 Off Market $143,000 -- --
02/10/2021 02/10/21 Price Changed $145,000 -1.4% $110 / Sq Ft
02/01/2021 02/01/21 For Sale $147,000 +50.0% $112 / Sq Ft
09/18/2020 09/18/20 Sold $98,000 -6.7% $74 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
08/16/2020 08/16/20 For Sale $105,000 0.0% $80 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
08/03/2020 08/03/20 Price Changed $105,000 -4.5% $80 / Sq Ft
07/01/2020 07/01/20 Price Changed $109,900 -4.4% $84 / Sq Ft
06/16/2020 06/16/20 For Sale $115,000 -- $87 / 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
2023 $2,556 $143,300 $19,000 $124,300
2022 $2,330 $130,100 $16,000 $114,100
2021 $2,616 $121,400 $16,000 $105,400
2020 $2,616 $118,600 $16,000 $102,600
2019 $2,414 $119,700 $16,000 $103,700
2018 $2,332 $112,000 $16,000 $96,000
2017 $2,386 $109,600 $8,000 $101,600
2016 $2,240 $105,400 $8,000 $97,400
2015 $2,193 $106,376 $8,000 $98,376
2014 $2,008 $106,376 $8,000 $98,376
2013 $1,958 $106,376 $8,000 $98,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2100603

Cedar Rapids Area Association of REALTORS®

APN: 14082-27010-01000