NOT LISTED FOR SALE

4208 Banar Ave SW Cedar Rapids, IA 52404

Estimated Value: $248,503 - $290,000

2 Beds
2 Baths
1,188 Sq Ft
$100/mo HOA Fee

Last Sold June 13, 2019

Last sale price $207,540 $175 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,859/month

90 Days on Market

Highlights

  • New Construction
  • Ranch Style House
  • Forced Air Cooling System
  • Prairie Ridge Elementary School Rated A-
  • Great Room
  • Combination Kitchen and Dining Room

About This Home

As of June 2019

The efficiently organized Aspen floor plan provides a ranch style condo option with affordability and options to customize for a buyer’s particular needs. The master suite is considerably large with bedroom measurements of 14’ X 15’, a large master bath with a window and huge walk in closet. The great room flows into the dining and kitchen area in the open floor plan and room definition is defined by the tray ceiling design. This plan can be enhanced with the addition of a sunroom or screened porch. *Photo of layout is a standard floor plan, actual foundation may vary. Start up fee $250 then $100/mo after closing

Last Agent to Sell the Property

Autumn Wood

SKOGMAN REALTY Listed on: 01/25/2019

SKOGMAN REALTY

Last Buyer's Agent

Rossilyn Babington

Pinnacle Realty LLC

Pinnacle Realty LLC

Property Details

Home Type

  • Condominium

Year Built

  • 2019

HOA Fees

  • $100 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,188 Sq Ft Home
  • Great Room
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Garage Door Opener

Utilities

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

Community Details

Overview

  • Built by TW Homes, INC

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Year Built

2019

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1188
  • Association Fee Frequency: Month
  • Association Management: By Developer, Start Up Fee
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Kitchen/Dining Combo
  • List User Cell Phone: 319-533-7732
  • New Construction: Yes
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.15364
  • Ratio Close Price By Original Li: 1.15364
  • Ratio Current Price By Sq Ft: 174.70
  • R Value Ceiling: 49.0000
  • R Value Sidewalls: 21.0000
  • Total Sq Ft: 1188
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2019

Interior Features

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

Exterior Features

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

Garage/Parking

  • Garage/Parking: 2 Cars
  • Garage Size: 2 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 100
  • Association: Yes

Lot Info

  • Lot Size: Common

Building Info

  • Builder Name: TW Homes, INC

Rental Info

  • Pets: # Of Pets Allowed, Pet Weight Limit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2019
Closed on
Jun 10, 2019
Sold by
Todd Wood Construction Inc
Bought by
Borders Nicholas M
Seller's Agent
Autumn Wood
SKOGMAN REALTY
Buyer's Agent
Rossilyn Babington
Pinnacle Realty LLC
List Price
$179,900
Sold Price
$207,540
Premium/Discount to List
$27,640
15.36%
Current Estimated Value
$262,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,836
Avg. Annual Appreciation
3.68%
Original Mortgage
$84,500
Outstanding Balance
$74,326
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$188,050
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Borders Nicholas M $208,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borders Nicholas M $84,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2019 06/13/19 Sold $207,540 +15.4% $175 / Sq Ft
04/25/2019 04/25/19 Pending -- -- --
01/25/2019 01/25/19 For Sale $179,900 -- $151 / 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 $4,548 $248,600 $38,000 $210,600
2024 $4,458 $250,500 $42,500 $208,000
2023 $4,458 $250,500 $42,500 $208,000
2022 $4,552 $210,100 $38,000 $172,100
2021 $4,666 $218,400 $24,000 $194,400
2020 $4,666 $213,500 $24,000 $189,500
2019 $580 $0 $0 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1900701

Cedar Rapids Area Association of REALTORS®

APN: 20012-76013-01002