NOT LISTED FOR SALE

4127 Lexington Dr NE Unit D Cedar Rapids, IA 52402

Estimated Value: $125,000 - $140,000

2 Beds
1 Bath
1,022 Sq Ft
$119/mo HOA Fee

Last Sold July 08, 2022

Last sale price $122,500 $120 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,010/month

9 Days on Market

Highlights

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

About This Home

As of July 2022

Check out this fantastic 2 bedroom 1 bath conveniently located in the Lexington Green Condo Association. This condo features 1,022 finished square feet with laminate hardwood flooring in the entryway and kitchen. The spacious living room features carpet with a sliding door leading out onto deck. Kitchen includes all appliances and has a pantry area for great storage. There are 2 large bedrooms and 1 full bath along with a laundry area. The excellent location makes if very convenient for commuting to work, school and shopping! There is one car attached garage, security system, $123/month association fees and a $475/HOA start up fee!! Please call for your private showing!!

Last Agent to Sell the Property

Tim Scherbring

Epique Realty Listed on: 05/26/2022

Epique Realty

Last Buyer's Agent

Alexandra Braaksma

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,052

Year Built

  • 1979

HOA Fees

  • $119 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,022 Sq Ft Home
  • 2-Story Property
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Community Details

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,052

Year Built

1979

Lot Details

0

HOA Fees

$119 per month

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1022
  • Association Fee Frequency: Month
  • Association Management: Start Up Fee
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 2052
  • List User Cell Phone: 319-361-5111
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 1862
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98000
  • Ratio Close Price By Original Li: 0.98000
  • Ratio Current Price By Sq Ft: 119.86
  • Total Sq Ft: 1022
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1979

Interior Features

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

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 119
  • 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 26, 2022
Closed on
Jul 7, 2022
Sold by
Wright Sydney K and Wright Sydneyjeff
Bought by
Wise Andrew I
Seller's Agent
Tim Scherbring
Epique Realty
Buyer's Agent
Alexandra Braaksma
SKOGMAN REALTY
List Price
$125,000
Sold Price
$122,500
Premium/Discount to List
-$2,500
-2%
Current Estimated Value
$133,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,959
Avg. Annual Appreciation
2.69%
Original Mortgage
$109,950
Outstanding Balance
$104,614
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$28,845

Purchase Details

Listed on
Oct 17, 2019
Closed on
Dec 5, 2019
Sold by
Gorsch Debra Ann
Bought by
Henderson Sydney K
Seller's Agent
Lisa Nolan
RE/MAX CONCEPTS
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$98,000
Sold Price
$95,000
Premium/Discount to List
-$3,000
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%
Original Mortgage
$85,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2017
Closed on
Aug 11, 2017
Sold by
Scott Nancy Sue
Bought by
Gorsch Debra Ann
Seller's Agent
Lisa Nolan
RE/MAX CONCEPTS
Buyer's Agent
Doug Junge
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$90,000
Sold Price
$88,500
Premium/Discount to List
-$1,500
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.12%

Purchase Details

Closed on
Oct 12, 2010
Sold by
Swope Sarah Marie and Schmidt Cheryl Marie
Bought by
The Nancy Sue Scott Revocable Living Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.26%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wise Andrew I $122,500 Oshea & Oshea Pc
Henderson Sydney K $95,000 None Available
Gorsch Debra Ann $88,500 None Available
The Nancy Sue Scott Revocable Living Tru $83,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wise Andrew I $109,950
Previous Owner Henderson Sydney K $85,000
Previous Owner The Nancy Sue Scott Revocable Living Tru $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $122,500 -2.0% $120 / Sq Ft
06/04/2022 06/04/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $125,000 +31.6% $122 / Sq Ft
12/06/2019 12/06/19 Sold $95,000 -3.1% $93 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $98,000 +10.7% $96 / Sq Ft
08/15/2017 08/15/17 Sold $88,500 -1.7% $87 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $90,000 -- $88 / 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 $2,192 $124,000 $19,000 $105,000
2024 $1,856 $123,900 $19,000 $104,900
2023 $1,856 $123,900 $19,000 $104,900
2022 $1,804 $96,900 $16,000 $80,900
2021 $1,882 $96,000 $16,000 $80,000
2020 $1,882 $93,900 $16,000 $77,900
2019 $1,732 $88,900 $16,000 $72,900
2018 $1,766 $88,900 $16,000 $72,900
2017 $1,808 $83,000 $6,000 $77,000
2016 $1,696 $79,800 $6,000 $73,800
2015 $1,714 $80,547 $6,000 $74,547
2014 $1,714 $80,547 $6,000 $74,547
2013 $1,678 $80,547 $6,000 $74,547
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2204629

Cedar Rapids Area Association of REALTORS®

APN: 14082-27008-01003