$104,000
SOLD JUL 27, 2020

4125 Lexington Dr NE Unit B Cedar Rapids, IA 52402

2 Beds
1 Bath
1,022 Sq Ft
$110/mo HOA Fee

Recently Sold

$102 Per Sq Ft

2% Below List Price

22 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Formal Dining Room
  • Eat-In Kitchen
  • John F. Kennedy High School Rated A-
  • 1 Car Attached Garage
  • Intercom

About This Home

As of July 2022

Nice first floor condo in handy NE location. Updated bath and neutral colors. Immediate possession.

Last Agent to Sell the Property

Terry Knake

SKOGMAN REALTY COMMERCIAL

SKOGMAN REALTY COMMERCIAL

Co-Listed By

Scott Carnes

SKOGMAN REALTY COMMERCIAL

Last Buyer's Agent

Ali Fortin

Pinnacle Realty LLC

Pinnacle Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,048

Year Built

  • 1978

HOA Fees

  • $110 Monthly HOA Fees

Home Design

  • Aluminum Siding

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

Pet Policy

  • No Pets Allowed

Additional Features

  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,048

Year Built

1978

Lot Details

0

HOA Fees

$110 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: Eat-In Kitchen, Formal Dining
  • Gross Tax: 2048
  • List User Cell Phone: 319-310-6734
  • Miscellaneous: Intercom, Patio, Security System
  • Net Tax: 1864
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98160
  • Ratio Close Price By Original Li: 0.98160
  • Ratio Current Price By Sq Ft: 101.76
  • Total Sq Ft: 1022
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1978

Interior Features

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

Exterior Features

  • 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: 110
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: Pets Not Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Jul 6, 2022
Sold by
Mcdonald Emily T
Bought by
Farmers State Bank
Seller's Agent
Ali Fortin
Pinnacle Realty LLC
Buyer's Agent
Cat Brown
Move In-Out, Real Estate, Inc
List Price
$117,900
Sold Price
$125,000
Premium/Discount to List
$7,100
6.02%
Total Days on Market
22
Current Estimated Value
$130,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,586
Avg. Annual Appreciation
0.74%
Original Mortgage
$118,750
Outstanding Balance
$112,919
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$14,785

Purchase Details

Listed on
May 6, 2022
Closed on
Jul 2, 2022
Sold by
Stacia Klaas
Bought by
Mcdonald Emily T
Seller's Agent
Ali Fortin
Pinnacle Realty LLC
Buyer's Agent
Cat Brown
Move In-Out, Real Estate, Inc
List Price
$117,900
Sold Price
$125,000
Premium/Discount to List
$7,100
6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Outstanding Balance
$112,919
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$14,785

Purchase Details

Listed on
May 21, 2020
Closed on
Jul 24, 2020
Sold by
Morrison Sharon M and Morrison Dale W
Bought by
Klaas Stacia
Seller's Agent
Terry Knake
SKOGMAN REALTY COMMERCIAL
Buyer's Agent
Ali Fortin
Pinnacle Realty LLC
List Price
$105,950
Sold Price
$104,000
Premium/Discount to List
-$1,950
-1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%
Original Mortgage
$100,509
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2014
Closed on
May 19, 2015
Sold by
The Estate Of Leroy Kreutner
Bought by
Morrison Sharon M
Buyer's Agent
Terry Knake
SKOGMAN REALTY COMMERCIAL
List Price
$97,500
Sold Price
$87,500
Premium/Discount to List
-$10,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.38%
Original Mortgage
$78,750
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 21, 2007
Sold by
Warfel Lydia D and Warfel Lydia
Bought by
Kreutner Leroy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.76%
Mortgage Type
Unknown

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed -- None Listed On Document
Warranty Deed $125,000 None Listed On Document
Warranty Deed $104,000 First Amer Mtg Sln On Behal
Legal Action Court Order $87,500 None Available
Warranty Deed $79,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $118,750 New Conventional
Previous Owner $100,509 New Conventional
Previous Owner $78,750 Adjustable Rate Mortgage/ARM
Previous Owner $26,060 New Conventional
Previous Owner $30,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold $125,000 +6.0% $122 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $117,900 +13.4% $115 / Sq Ft
07/27/2020 07/27/20 Sold $104,000 -1.8% $102 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $105,950 +21.1% $104 / Sq Ft
05/20/2015 05/20/15 Sold $87,500 -10.3% $86 / Sq Ft
04/17/2015 04/17/15 Pending -- -- --
10/28/2014 10/28/14 For Sale $97,500 -- $95 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

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 $2,170 $119,100 $19,000 $100,100
2022 $2,022 $102,900 $16,000 $86,900
2021 $1,936 $97,600 $16,000 $81,600
2020 $1,936 $96,300 $16,000 $80,300
2019 $1,864 $95,000 $16,000 $79,000
2018 $1,724 $95,000 $16,000 $79,000
2017 $1,740 $88,400 $6,000 $82,400
2016 $1,807 $85,000 $6,000 $79,000
2015 $1,829 $85,921 $6,000 $79,921
2014 $1,644 $85,921 $6,000 $79,921
2013 -- $85,921 $6,000 $79,921
Source: Public Records

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2003761

Cedar Rapids Area Association of REALTORS®

APN: 14082-28005-01001

Iowa Linn County Cedar Rapids 52402

4125 Lexington Dr NE Unit B, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 4125 Lexington Dr NE Unit B, Cedar Rapids, IA 52402 and is currently priced at $104,000, approximately $101 per square foot. This property was built in 1978. 4125 Lexington Dr NE Unit B is a home located in Linn County with nearby schools including Pierce Elementary School, Franklin Middle School, and John F. Kennedy High School.

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