4040 Water Point Ct SW Unit 4040 Cedar Rapids, IA 52404
Estimated Value: $259,000 - $304,000
4
Beds
3
Baths
2,168
Sq Ft
$170/mo
HOA Fee
Highlights
- Deck
- Vaulted Ceiling
- Formal Dining Room
- Prairie Ridge Elementary School Rated A-
- Ranch Style House
- Cul-De-Sac
About This Home
As of February 2022Looking for peace and quiet with beautiful surroundings? Then this is the condo for you! This well-maintained condo is located on a cul-de-sac with lots of green space behind you and access to the walking trail and the pond. You can actually fish in the pond. Upon entering, the vaulted ceilings and open floor plan
will make you feel right at home. So many ways to enjoy your new home. Relaxing by the fireplace in the living room or reading in the 4 seasons room with access to the deck. The lower level has a wet bar, fireplace, a large family room and a walkout to the patio to entertain family and friends. Plus, with 2 bedrooms and a full bath on the lower level, guests can feel free to spend the night. So much to offer and enjoy! College Community School District. Extras: new concrete driveway in 2020, new furnace 2018, 1st floor laundry, central vacuum and Brazilian hardwood floors and a walkout lower level.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,772
Year Built
- 1999
Lot Details
- Cul-De-Sac
- Irrigation
HOA Fees
- $170 Monthly HOA Fees
Home Design
- Ranch Style House
- Frame Construction
- Vinyl Construction Material
Interior Spaces
- Central Vacuum
- Sound System
- Vaulted Ceiling
- Gas Fireplace
- Great Room with Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Garage Door Opener
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
- Gas Water Heater
- Cable TV Available
Community Details
Recreation
- Snow Removal
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 8, 2021
Closed on
Feb 25, 2022
Sold by
Kane Patrick P and Kane Victoria L
Bought by
Deering Lori J
Seller's Agent
Karen Knight
COLDWELL BANKER HEDGES
Buyer's Agent
Karen Knight
COLDWELL BANKER HEDGES
List Price
$242,000
Sold Price
$237,000
Premium/Discount to List
-$5,000
-2.07%
Total Days on Market
63
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,898
Avg. Annual Appreciation
4.53%
Original Mortgage
$110,000
Outstanding Balance
$90,957
Interest Rate
2.77%
Mortgage Type
New Conventional
Estimated Equity
$182,384
Purchase Details
Closed on
Nov 12, 2009
Sold by
Clauson Gregory A and Clauson Kathryn L
Bought by
Kane Patrick P and Kane Victoria L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
4.96%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 13, 1999
Sold by
Kaiser Donald J and Kaiser Jo Ann C
Bought by
Clauson Gregory A and Clauson Kathryn L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Cedar Rapids, IA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Deering Lori J | $125,000 | None Listed On Document | |
| Kane Patrick P | $157,000 | None Available | |
| Clauson Gregory A | $144,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Deering Lori J | $110,000 | |
| Closed | Deering Lori J | $94,800 | |
| Previous Owner | Kane Patrick P | $200,000 | |
| Previous Owner | Kane Patrick P | $84,000 | |
| Previous Owner | Kane Patrick P | $102,000 | |
| Previous Owner | Clauson Gregory A | $73,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2022 02/28/22 | Sold | $237,000 | -2.1% | $109 / Sq Ft |
| 01/10/2022 01/10/22 | Pending | -- | -- | -- |
| 01/07/2022 01/07/22 | For Sale | $242,000 | +2.1% | $112 / Sq Ft |
| 12/21/2021 12/21/21 | Off Market | $237,000 | -- | -- |
| 11/08/2021 11/08/21 | For Sale | $242,000 | -- | $112 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 | $4,928 | $238,300 | $34,000 | $204,300 |
| 2022 | $4,552 | $231,300 | $34,000 | $197,300 |
| 2021 | $4,346 | $218,400 | $27,000 | $191,400 |
| 2020 | $4,346 | $199,500 | $27,000 | $172,500 |
| 2019 | $3,932 | $183,800 | $27,000 | $156,800 |
| 2018 | $3,942 | $183,800 | $27,000 | $156,800 |
| 2017 | $3,865 | $178,600 | $14,000 | $164,600 |
| 2016 | $3,865 | $178,600 | $14,000 | $164,600 |
| 2015 | $3,954 | $179,910 | $14,000 | $165,910 |
| 2014 | $3,684 | $179,910 | $14,000 | $165,910 |
| 2013 | $3,498 | $179,910 | $14,000 | $165,910 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Knight
Seller's Agent in 2022
Karen Knight
COLDWELL BANKER HEDGES
(319) 360-8989
108 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2107705
APN: 20034-01012-01030
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