$121,500
SOLD NOV 10, 2022

4002 Lexington Dr NE Unit D Cedar Rapids, IA 52402

2 Beds
1 Bath
1,022 Sq Ft
$119/mo HOA Fee

Recently Sold

$119 Per Sq Ft

2% Below List Price

22 Days on Market

Highlights

  • Gated Community
  • Deck
  • Forced Air Cooling System
  • John F. Kennedy High School Rated A-
  • Main Floor Primary Bedroom
  • Living Room

About This Home

As of May 2024

Have you been looking for low to no maintenance? Have you been looking for quiet serenity within a bustling metropolis? Do you want to live close to everything? The you've found your new home in this 2 bed 1 bath condo. No matter what stage you are in life this home is a great option. This home is one exit from shopping, just across the street from twin pines golf course, close to tons of entertainment, and a few blocks from the schools. This home has everything you can ask for no matter what stage you are in life. Set your showing up today for this lovely home!

Last Agent to Sell the Property

Jerome Edwards

Pinnacle Realty LLC Listed on: 09/01/2022

Pinnacle Realty LLC

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,969

Year Built

  • 1979

HOA Fees

  • $119 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,022 Sq Ft Home
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Gas Water Heater

Community Details

Recreation

  • Snow Removal

Additional Features

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,969

Year Built

1979

Lot Details

0

HOA Fees

$119 per month

Listing Details

  • Above Grade Finished Sq Ft: 1022
  • Association Fee Frequency: Month
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Gross Tax: 1969
  • List User Cell Phone: 319-594-2525
  • Miscellaneous: Deck
  • Net Tax: 1784
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97984
  • Ratio Close Price By Original Li: 0.97984
  • Ratio Current Price By Sq Ft: 118.88
  • Total Sq Ft: 1022
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1979

Interior Features

  • Appliances Included: Dishwasher, Dryer, Garage Door Opener, Microwave, Range, Washer, Water Heater – Gas
  • Additional Room: Living Room
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Brick, Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Off Street Parking

Utilities

  • Heating Cooling: Central Air, Forced Air

Condo/Co-op/Association

  • Association Amenities: Lawncaresnowremovalincluded, Secured Entrance
  • Association Fee: 119
  • 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
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
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 $130,000 River Ridge Escrow
Warranty Deed $130,000 River Ridge Escrow
Warranty Deed $121,500 --
Warranty Deed $70,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $26,000 New Conventional
Open $104,000 New Conventional
Closed $104,000 New Conventional
Previous Owner $109,350 New Conventional
Previous Owner $47,000 Adjustable Rate Mortgage/ARM
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: 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 $2,050 $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: Cedar Rapids Area Association of REALTORS®

MLS Number: 2208199

Cedar Rapids Area Association of REALTORS®

APN: 14082-27010-01003