$115,000
SOLD NOV 2, 2018

4050 37th Ave SW Unit A Cedar Rapids, IA 52404

2 Beds
1.5 Baths
1,274 Sq Ft
$115/mo HOA Fee

Recently Sold

$90 Per Sq Ft

3% Below List Price

6 Days on Market

Highlights

  • Deck
  • Recreation Room
  • L-Shaped Dining Room
  • Prairie Ridge Elementary School Rated A-
  • Vaulted Ceiling
  • 1 Car Attached Garage

About This Home

As of June 2022

Located behind the west side Target Store this condo is convenient to HWY 30, Airport, and quick interstate access to North Liberty, IA City, Coralville etc. This two bedroom unit features fresh paint, low maintenance flooring, new carpet in the finished family room in lower level, a 10x10 deck freshly stained, a gas fireplace in the living room and all appliances included. Quick possession possible. This building has a fire sprinkler system installed throughout. There is a $300 start-up fee. Pets are allowed and this area is investor friendly.

Last Agent to Sell the Property

Robert Lehman

Realty87 Listed on: 09/24/2018

Last Buyer's Agent

Jeff Nelson

Teri Graf Real Estate Team

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,372

Year Built

  • 2004

HOA Fees

  • $115 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking

Outdoor Features

  • Deck

Utilities

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

Community Details

Overview

  • Built by JPM Enterprises

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,372

Year Built

2004

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Style: 2 Stories, Townhouse
  • Above Grade Finished Sq Ft: 1024
  • Association Fee Frequency: Month
  • Association Management: By Prop Mgmt., Start Up Fee
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Dining 'L'
  • Gross Tax: 2372
  • List User Cell Phone: 319-721-6347
  • Low Lvl Fin Sq Ft: 250
  • Miscellaneous: Cable Ready, Deck, Vaulted Ceiling
  • Net Tax: 2182
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97458
  • Ratio Close Price By Original Li: 0.97458
  • Ratio Current Price By Sq Ft: 112.30
  • R Value Ceiling: 38.0000
  • R Value Sidewalls: 19.0000
  • Total Sq Ft: 1274
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2004

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 2: 2
  • Fireplace Features: Built In, Gas, Living Room
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 5

Exterior Features

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

Garage/Parking

  • Garage/Parking: 1 Car, Attached, On Street Parking
  • Garage Size: 12X22

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit
  • Association Fee: 115
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Common

Building Info

  • Builder Name: JPM Enterprises

Rental Info

  • Pets: Pet Weight Limit, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2022
Closed on
Jun 20, 2022
Sold by
Duball Alexandra J
Bought by
Chase Tyler S and Doolan Mica
Seller's Agent
Tessa Grimm
Pinnacle Realty LLC
Buyer's Agent
Heather Aswegan
Keller Williams Legacy Group
List Price
$160,000
Sold Price
$158,000
Premium/Discount to List
-$2,000
-1.25%
Current Estimated Value
$167,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,430
Avg. Annual Appreciation
1.75%
Original Mortgage
$15,800
Outstanding Balance
$14,457
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$152,306

Purchase Details

Listed on
Sep 24, 2018
Closed on
Oct 31, 2018
Sold by
Ironside Jill R and Ironside Adam
Bought by
Duball Alexandra J
Seller's Agent
Robert Lehman
Realty87
Buyer's Agent
Jeff Nelson
Teri Graf Real Estate Team
List Price
$118,000
Sold Price
$115,000
Premium/Discount to List
-$3,000
-2.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Original Mortgage
$92,000
Interest Rate
4.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 26, 2009
Sold by
Dake Amanda K
Bought by
Crosby Jill R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,650
Interest Rate
5.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2004
Sold by
Jpm Enterprises Inc
Bought by
Dake Amanda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,360
Interest Rate
6.17%
Mortgage Type
New Conventional
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $158,000 Oshea & Oshea Pc
Warranty Deed $115,000 None Available
Warranty Deed $108,000 None Available
Corporate Deed $96,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $15,800 New Conventional
Open $142,200 New Conventional
Previous Owner $92,000 Adjustable Rate Mortgage/ARM
Previous Owner $96,000 New Conventional
Previous Owner $97,650 New Conventional
Previous Owner $19,043 Stand Alone Second
Previous Owner $77,360 New Conventional
Closed $19,340 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2022 06/21/22 Sold $158,000 -1.3% $124 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/15/2022 05/15/22 For Sale $160,000 +39.1% $126 / Sq Ft
11/02/2018 11/02/18 Sold $115,000 -2.5% $90 / Sq Ft
09/30/2018 09/30/18 Pending -- -- --
09/24/2018 09/24/18 For Sale $118,000 -- $93 / 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 $2,932 $157,300 $23,000 $134,300
2022 $2,450 $132,300 $21,000 $111,300
2021 $2,534 $121,700 $17,000 $104,700
2020 $2,534 $119,900 $17,000 $102,900
2019 $2,190 $106,200 $17,000 $89,200
2018 $2,182 $106,200 $17,000 $89,200
2017 $2,196 $106,100 $12,000 $94,100
2016 $2,275 $105,100 $12,000 $93,100
2015 $2,265 $105,276 $12,000 $93,276
2014 $2,078 $109,422 $12,000 $97,422
2013 $2,056 $109,422 $12,000 $97,422
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1806800

Cedar Rapids Area Association of REALTORS®

APN: 20014-28001-01012