$68,000
SOLD SEP 30, 2013

4002 Lexington Dr NE Unit C Cedar Rapids, IA 52402

2 Beds
2 Baths
1,147 Sq Ft
$108/mo HOA Fee

Recently Sold

$59 Per Sq Ft

18% Below List Price

84 Days on Market

Highlights

  • Deck
  • Living Room with Fireplace
  • Formal Dining Room
  • John F. Kennedy High School Rated A-
  • Main Floor Primary Bedroom
  • Eat-In Kitchen

About This Home

As of September 2017

Wonderful two bedroom, 2 bath upper unit in the popular Lexington Association. Completely repainted for the new owners to move right in. This unit offers a beautiful wood burning fireplace in the living room, a full dining room and eat in kitchen. There is a nice oversized deck waiting for your your patio furniture. The master has a huge walk in closet and a nice size master bath. There is a large storage unit for all those extras. The one stall garage with opener is attached so there is no lugging the groceries through the elements to get to your unit. Estate, no disclosure. Priced well below assessed value.

Last Agent to Sell the Property

Cal Ernst

Realty87 Listed on: 06/24/2013

Realty87

Last Buyer's Agent

Cal Ernst

Realty87 Listed on: 06/24/2013

Realty87

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,522

Year Built

  • 1979

HOA Fees

  • $108 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,147 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,522

Year Built

1979

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Above Grade Finished Sq Ft: 1147
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 1522
  • List User Cell Phone: 319-329-8003
  • Miscellaneous: Cable Ready, Deck, Security System
  • Net Tax: 1522
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97282
  • Ratio Close Price By Original Li: 0.82027
  • Ratio Current Price By Sq Ft: 59.29
  • Total Sq Ft: 1147
  • Taxable Value Tv: 90242.00
  • Tax Roll Number: 140822701001002
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1979

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Living Room
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Fireplace Features: Wood Burning, Living Room
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Garage/Parking: 1 Car
  • Garage Size: 216

Utilities

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

Condo/Co-op/Association

  • Association Fee: 108
  • 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
Jul 10, 2017
Closed on
Sep 11, 2017
Sold by
Carter David P
Bought by
Wickham Nichole L
Seller's Agent
Elsie Grimm
SKOGMAN REALTY
Buyer's Agent
Michelle David
Pinnacle Realty LLC
List Price
$89,900
Sold Price
$90,500
Premium/Discount to List
$600
0.67%
Current Estimated Value
$134,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,189
Avg. Annual Appreciation
5.15%
Original Mortgage
$82,500
Outstanding Balance
$69,003
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$65,686

Purchase Details

Listed on
Jun 24, 2013
Closed on
Sep 27, 2013
Sold by
Estate Of Duane E Zarneke
Bought by
Carter David P
Seller's Agent
Cal Ernst
Realty87
Buyer's Agent
Cal Ernst
Realty87
List Price
$82,900
Sold Price
$68,000
Premium/Discount to List
-$14,900
-17.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- None Available
Legal Action Court Order $68,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $82,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2017 09/27/17 Sold $90,500 +0.7% $79 / Sq Ft
08/09/2017 08/09/17 Pending -- -- --
07/10/2017 07/10/17 For Sale $89,900 +32.2% $78 / Sq Ft
09/30/2013 09/30/13 Sold $68,000 -18.0% $59 / Sq Ft
09/16/2013 09/16/13 Pending -- -- --
06/24/2013 06/24/13 For Sale $82,900 -- $72 / 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 $2,052 $122,300 $19,000 $103,300
2023 $2,052 $122,300 $19,000 $103,300
2022 $1,996 $106,200 $16,000 $90,200
2021 $2,186 $105,300 $16,000 $89,300
2020 $2,186 $107,700 $16,000 $91,700
2019 $1,914 $97,300 $16,000 $81,300
2018 $1,980 $97,300 $16,000 $81,300
2017 $1,831 $93,100 $7,000 $86,100
2016 $1,831 $89,500 $7,000 $82,500
2015 $1,851 $90,342 $7,000 $83,342
2014 $1,666 $90,342 $7,000 $83,342
2013 $1,624 $90,342 $7,000 $83,342
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1304460

Cedar Rapids Area Association of REALTORS®

APN: 14082-27010-01002