NOT LISTED FOR SALE

4002 Lexington Dr NE Unit D Cedar Rapids, IA 52402

Estimated Value: $125,000 - $140,000

2 Beds
1 Bath
1,022 Sq Ft
$129/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $130,000 $127 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,007/month

159 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Living Room
  • John F. Kennedy High School Rated A-
  • Brick or Stone Mason
  • Laundry Room

About This Home

As of May 2024

Newly updated ready to move in condo! This 2 bedroom, 1 bathroom, 1 stall attached garage condo has fresh paint, new flooring installed in kitchen, bath, living, dining, entry, hall, and second bedroom. New white trim installed and interior doors painted. Laundry room with storage space and an extra storage closet.

Last Agent to Sell the Property

Angela Ruess

Lepic-Kroeger, REALTORS Listed on: 11/29/2023

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,050

Year Built

  • Built in 1979

HOA Fees

  • $139 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Brick or Stone Mason
  • Frame Construction

Interior Spaces

  • 1,022 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Open Floorplan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available
  • Cable TV Available

Community Details

  • Association fees include bldg&liability insurance, exterior maintenance, grounds maintenance
  • Lexington Green Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14082-27010-01003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,050

Year Built

Built in 1979

Lot Details

0

HOA Fees

$139 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1022
  • Homebuilder: unk
  • Owner Name L F Mi: Kristopher Fassler
  • Ownership Type: Condo Attached
  • Photo Code: Complete
  • Remarks: Buyer to verify school.
  • Year Built: 1979
  • Tax Year Report: 2022
  • Subdivision: Lexington Green
  • Directions: West on 42nd St NE, Left on Lexington Blvd, Right on Lexington Dr.
  • L O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Sidewalks, Close to Shopping, Close to School
  • Basement Remarks: 2660
  • Fireplace Type Location: None
  • Interior R: Cable Available
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: None/Condo
  • Possession R: Immediate, Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Condo/Single Level
  • Remarks2: Newly updated ready to move in condo! This 2 bedroom, 1 bathroom, 1 stall attached garage condo has fresh paint, new flooring installed in kitchen, bath, living, dining, entry, hall, and second bedroom. New white trim installed and interior doors painted. Laundry room with storage space and an extra storage closet.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1022
  • Total Full Baths: 1
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Room, Main
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Brick, Frame
  • ExteriorFeatures: Deck

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Electric, Gas, Central, Forced Air

Condo/Co-op/Association

  • Association Fee: 1668
  • Condo Level: 2
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Grounds Maintenance

Schools

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

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 2025.18
  • Assessor Parcel Number: 14082-27010-01003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
May 1, 2024
Sold by
Fassler Kristopher
Bought by
Kurschner Milton
Seller's Agent
Angela Ruess
Lepic-Kroeger, REALTORS
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%
Views
319
Current Estimated Value
$131,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,556
Avg. Annual Appreciation
0.85%
Original Mortgage
$26,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 1, 2022
Closed on
Nov 10, 2022
Sold by
Davis Amy B and Davis Jan R
Bought by
Fassler Kristopher
Seller's Agent
Jerome Edwards
Pinnacle Realty LLC
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$124,000
Sold Price
$121,500
Premium/Discount to List
-$2,500
-2.02%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%
Original Mortgage
$109,350
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2013
Closed on
Apr 25, 2014
Sold by
Platner Robert B and Platner Margaret Mary
Bought by
Davis Amy B and Simoens Jan R
Seller's Agent
Judith Sloane
SKOGMAN REALTY
Buyer's Agent
Judith Sloane
SKOGMAN REALTY
List Price
$74,900
Sold Price
$70,000
Premium/Discount to List
-$4,900
-6.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$47,000
Interest Rate
4.5%
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
Kurschner Milton $130,000 River Ridge Escrow
Kurschner Milton $130,000 River Ridge Escrow
Fassler Kristopher $121,500 --
Davis Amy B $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kurschner Milton $26,000
Open Kurschner Milton $104,000
Closed Kurschner Milton $104,000
Previous Owner Fassler Kristopher $109,350
Previous Owner Davis Amy B $47,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $130,000 -3.7% $127 / Sq Ft
11/29/2023 11/29/23 For Sale $135,000 +11.1% $132 / Sq Ft
11/10/2022 11/10/22 Sold $121,500 -2.0% $119 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $124,000 +77.1% $121 / Sq Ft
04/25/2014 04/25/14 Sold $70,000 -6.5% $68 / Sq Ft
03/28/2014 03/28/14 Pending -- -- --
10/28/2013 10/28/13 For Sale $74,900 -- $73 / Sq Ft
Source: Iowa City 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 $2,050 $122,800 $19,000 $103,800
2024 $2,050 $122,700 $19,000 $103,700
2023 $1,838 $115,800 $19,000 $96,800
2022 $1,784 $96,000 $16,000 $80,000
2021 $1,862 $95,100 $16,000 $79,100
2020 $1,862 $93,000 $16,000 $77,000
2019 $1,714 $88,000 $16,000 $72,000
2018 $1,566 $88,000 $16,000 $72,000
2017 $1,679 $82,100 $6,000 $76,100
2016 $1,679 $79,000 $6,000 $73,000
2015 $1,695 $79,706 $6,000 $73,706
2014 $1,510 $79,706 $6,000 $73,706
2013 -- $79,706 $6,000 $73,706
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202306164

Iowa City Area Association of REALTORS®

APN: 14082-27010-01003