NOT LISTED FOR SALE

4107 Lexington Dr NE Unit B Cedar Rapids, IA 52402

Estimated Value: $125,000 - $138,000

2 Beds
1 Bath
1,022 Sq Ft
$100/mo HOA Fee

Last Sold September 30, 2016

Last sale price $93,500 $91 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $945/month

29 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • 1 Car Attached Garage
  • John F. Kennedy High School Rated A-
  • Formal Dining Room
  • Forced Air Cooling System

About This Home

As of September 2016

First floor condo in popular Lexington Green with 2 bedrooms, 1 bath, attached 1 car garage, separate secured storage room and intercom to secured front door. This wheelchair-accessible unit has had many updates, including the following: water heater and disposal, 2008; updated bathroom with new vanity, mirror, countertop, sink, lighting, high stool and bathtub removed and walk-in shower installed; new windows in bedrooms, 2009; new furnace and CA, 2012; and new washer and dryer 2013. The vents were cleaned July 15, 2015 and bedrooms and hall painted 2015. With low taxes--$1738, low monthly assoc dues--$100 and low utilities—electric, $33, gas, $36 and water, $52; this condo is quite affordable. With 100% financing available at unbelievably low interest rates, this condo becomes cheaper than rent. Check it out. The fireplace has an electric insert, the deck was installed over the patio for wheel chair accessibility from living room, vinyl is in both kitchen and dining room and berber throughout for easier wheel chair maneuvering. Don’t miss the chance to call this your new home. All appliances are included. No pets and no rentals.

Last Agent to Sell the Property

Judith Sloane

SKOGMAN REALTY Listed on: 07/19/2016

SKOGMAN REALTY

Last Buyer's Agent

Jill Hidinger

Realty87

Realty87

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,923

Year Built

  • 1979

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,022 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Formal Dining Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Community Details

Overview

  • Built by Skogman

Amenities

  • Community Storage Space

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,923

Year Built

1979

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1022
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Formal Dining
  • Gross Tax: 1923
  • List User Cell Phone: 319-360-1036
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 1738
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97396
  • Ratio Close Price By Original Li: 0.97396
  • Ratio Current Price By Sq Ft: 91.49
  • Total Sq Ft: 1022
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1979

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Hood Fan, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Electric
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

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

Garage/Parking

  • Garage/Parking: 1 Car, Attached

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit, Secure Storage Area
  • Association Fee: 100
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Common

Building Info

  • Builder Name: Skogman

Rental Info

  • Pets: Pets Not Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2016
Closed on
Oct 14, 2016
Sold by
Marilyn M Douglas
Bought by
Schlesselman Linda
Seller's Agent
Judith Sloane
SKOGMAN REALTY
Buyer's Agent
Jill Hidinger
Realty87
List Price
$96,000
Sold Price
$93,500
Premium/Discount to List
-$2,500
-2.6%
Current Estimated Value
$130,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,392
Avg. Annual Appreciation
3.81%
Original Mortgage
$38,500
Outstanding Balance
$30,875
Interest Rate
3.47%
Estimated Equity
$100,017

Purchase Details

Closed on
May 15, 2008
Sold by
Tichy Lynn
Bought by
Douglas Marilyn M

Purchase Details

Closed on
Jun 27, 2002
Sold by
Mehegan Michael L
Bought by
Ewing James H and Ewing Arline L

Purchase Details

Closed on
Jun 13, 2000
Sold by
Mehegan Michael L and Estate Of Bette H Mehegan
Bought by
Mehegan Michael L
Source: Public Records

Range of Values:

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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
Schlesselman Linda -- --
Douglas Marilyn M $93,500 None Available
Ewing James H $82,000 --
Mehegan Michael L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schlesselman Linda $38,500
Closed Schlesselman Linda --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2016 09/30/16 Sold $93,500 -2.6% $91 / Sq Ft
08/17/2016 08/17/16 Pending -- -- --
07/19/2016 07/19/16 For Sale $96,000 -- $94 / 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 $1,806 $124,700 $19,000 $105,700
2024 $2,112 $119,500 $19,000 $100,500
2023 $2,112 $119,500 $19,000 $100,500
2022 $1,954 $109,000 $16,000 $93,000
2021 $2,038 $103,300 $16,000 $87,300
2020 $2,038 $101,000 $16,000 $85,000
2019 $1,966 $99,700 $16,000 $83,700
2018 $1,800 $99,700 $16,000 $83,700
2017 $1,842 $93,100 $6,000 $87,100
2016 $1,903 $89,500 $6,000 $83,500
2015 $1,923 $90,333 $6,000 $84,333
2014 $1,738 $90,333 $6,000 $84,333
2013 -- $90,333 $6,000 $84,333
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1606928

Cedar Rapids Area Association of REALTORS®

APN: 14082-27002-01001