NOT LISTED FOR SALE

4048 Water Point Ct SW Cedar Rapids, IA 52404

Estimated Value: $299,000 - $342,000

4 Beds
3 Baths
2,317 Sq Ft
$120/mo HOA Fee

Last Sold November 09, 2016

Last sale price $235,000 $101 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,356/month

27 Days on Market

Highlights

  • Waterfront
  • Deck
  • Vaulted Ceiling
  • Prairie Ridge Elementary School Rated A-
  • Recreation Room with Fireplace
  • Ranch Style House

About This Home

As of November 2016

Prepare to be Impressed! Gorgeous Ranch condo only 2 years new with Lake View and Walking Trail. Bright Spacious, Open and Vaulted. Custom Built and Quality Finished by Ludvicek Construction In March 2014. All Whirlpool Upgraded Appliances in Stainless Steel plus Washer and Dryer Included. White Kitchen Quartz Countertops from Arjays. White Doors and Trim accent Custom Gray Wall Décor. Quality Engineered Hardwood Flooring and Tiles from Randy's Carpets. Enjoy the Breath Taking Views of Lake from Gorgeous Sun Room as you walk out to Screened Porch or Enjoy Lake Views from Sun Deck leading down to Oversized Patio. High Efficiency Furnace and A/C, battery backup for Sump. We can go on and on but you must see for yourself to Believe.!

Last Listed By

Bob Hanson

IOWA REALTY Listed on: 09/14/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,889

Year Built

  • 2013

Lot Details

  • Waterfront
  • Cul-De-Sac
  • Irrigation

HOA Fees

  • $120 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Recreation Room with Fireplace

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

Overview

  • Built by Ludvicek Construction

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,889

Year Built

2013

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1405
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 2
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Formal Dining
  • Gross Tax: 4889
  • List User Cell Phone: 319-360-1082
  • Low Lvl Fin Sq Ft: 912
  • Miscellaneous: Cable Ready, Deck, Irrigation System, Patio, Screen Porch, Vaulted Ceiling
  • Net Tax: 4700
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00043
  • Ratio Close Price By Original Li: 1.00043
  • Ratio Current Price By Sq Ft: 167.26
  • Total Sq Ft: 2317
  • Water Sewer Roads: City Sewer, City Water, Private Street Maint., Recorded Agreement
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2013

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, 4 Seasons, Great Room, Rec Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Gas, Great Room, Rec Room
  • Master Bedroom Level: Level 1
  • Room Count: 9
  • Site Description: Cul-De-Sac, Water Front

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached, Guest Parking, Off Street Parking, On Street Parking
  • Garage Size: 22x19

Utilities

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

Condo/Co-op/Association

  • Association Fee: 120
  • Association: Yes

Schools

  • Elementary School: College Comm
  • Middle School: College Comm
  • High School: College Comm

Lot Info

  • Lot Size: Common

Building Info

  • Builder Name: Ludvicek Construction

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2016
Closed on
Nov 7, 2016
Sold by
Johnson Judith A
Bought by
Hartman Kenneth M and Hartman Janet C
Seller's Agent
Bob Hanson
IOWA REALTY
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$234,900
Sold Price
$235,000
Premium/Discount to List
$100
0.04%
Total Days on Market
27
Current Estimated Value
$315,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,574
Avg. Annual Appreciation
3.11%

Purchase Details

Closed on
Aug 26, 2015
Sold by
Schlegel Timothy L and Schlegel Sarah
Bought by
Johnson Judith A

Purchase Details

Closed on
Jul 19, 1999
Sold by
Don Kaiser Construction Inc
Bought by
Johnson B Lawrence and Johnson Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.54%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Hartman Kenneth M -- None Available
Johnson Judith A -- --
Johnson Judith A -- --
Johnson Judith A -- --
Johnson B Lawrence $169,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartman Kenneth M $201,000
Closed Hartman Kenneth M $211,500
Previous Owner Johnson B Lawrence $50,000
Previous Owner Johnson Bernard Lawrence $30,000
Previous Owner Johnson B Lawrence $16,000
Previous Owner Johnson B Lawrence $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2016 11/09/16 Sold $235,000 0.0% $101 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $234,900 -- $101 / 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 $5,738 $277,300 $34,000 $243,300
2022 $5,322 $267,900 $34,000 $233,900
2021 $5,244 $253,800 $27,000 $226,800
2020 $5,244 $238,900 $27,000 $211,900
2019 $4,734 $219,600 $27,000 $192,600
2018 $5,052 $219,600 $27,000 $192,600
2017 $4,894 $229,300 $14,000 $215,300
2016 $4,889 $229,300 $14,000 $215,300
2015 $4,700 $140,245 $14,000 $126,245
2014 $2,760 $194,351 $14,000 $180,351
2013 $3,722 $194,351 $14,000 $180,351
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1611264

Cedar Rapids Area Association of REALTORS®

APN: 20034-01012-01014