NOT LISTED FOR SALE

440 2nd St Fairfax, IA 52228

Estimated Value: $290,000 - $316,000

2 Beds
2 Baths
1,306 Sq Ft
$80/mo HOA Fee

Last Sold May 25, 2012

Last sale price $186,000 $142 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,013/month

253 Days on Market

Highlights

  • New Construction
  • Deck
  • Ranch Style House
  • Prairie Ridge Elementary School Rated A-
  • Vaulted Ceiling
  • Great Room with Fireplace

About This Home

As of May 2012

STUNNING NEW RANCH CONDO! SENSATIONAL NEW FLOOR WITH MANY UPGRADES INCLUDED IN PURCHASE PRICE. LARGE MASTER SUITE WITH WALK-IN CLOSET, TRAY CEILING AND PRIVATE MASTER BATH WITH DUAL SINKS AND ADULT HEIGHT VANITY. DINING ROOM WITH BUMP OUT BAY WINDOW. IN THE KITCHEN, EXPECT TO FIND OAK OR BIRCH CABINETRY, KITCHEN PANTRY AND BREAKFAST BAR. OTHER AMENITIES INCLUDE GAS FIREPLACE, VAULTED CEILINGS, SEPERATE LAUNDRY ROOM, COVERED DECK AND 26 FT. DEEP GARAGE. CHOICES OF CERAMIC TILE, FLOORING, APPLIANCES AND FIXTURES. CONDO IS COMPLETELY CUSTOMIZABLE. $200 START UP FEE. CALL FOR PLANS AND SPECS TODAY. ***PHOTOS ARE OF SIMILAR PROPERTY***.

Last Agent to Sell the Property

Gloria Maxwell

Keller Williams Legacy Group Listed on: 09/15/2011

Keller Williams Legacy Group

Last Buyer's Agent

Chip Hughes

Realty87

Realty87

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,568

Year Built

  • 2012

HOA Fees

  • $80 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,306 Sq Ft Home
  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Built by IBEN CUSTOM

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,568

Year Built

2012

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1306
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Fairfax
  • Dining Features: Breakfast Bar, Formal Dining
  • List User Cell Phone: 319-389-6740
  • Miscellaneous: Cable Ready, Deck, Home Warranty, Vaulted Ceiling
  • New Construction: Yes
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.11779
  • Ratio Close Price By Original Li: 1.11779
  • Ratio Current Price By Sq Ft: 142.42
  • R Value Ceiling: 49.0000
  • R Value Sidewalls: 21.0000
  • Total Sq Ft: 1306
  • Tax Roll Number: 440 2ND ST
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2012

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
  • Fireplace Features: Built In, Gas, Great Room
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

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

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 2 CAR

Utilities

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

Condo/Co-op/Association

  • Association Fee: 80
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: COMMON

Building Info

  • Builder Name: IBEN CUSTOM

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2012
Sold by
Frazier Investments Llc
Bought by
Academy Homes & Remodeling Inc
Current Estimated Value
$300,323

Purchase Details

Listed on
Sep 15, 2011
Closed on
May 24, 2012
Sold by
Prairie Creek Homes Llc
Bought by
Thacker James D and Thacker Linda D
Seller's Agent
Gloria Maxwell
Keller Williams Legacy Group
Buyer's Agent
Chip Hughes
Realty87
List Price
$166,400
Sold Price
$186,000
Premium/Discount to List
$19,600
11.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Original Mortgage
$167,400
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 9, 2011
Sold by
Synergy Development Group Llc
Bought by
Prairie Creek Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
4.54%
Mortgage Type
Construction
Source: Public Records

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 Buyer Sale Price Title Company
Academy Homes & Remodeling Inc $43,000 None Available
Thacker James D $186,000 None Available
Prairie Creek Homes Llc $24,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thacker James D $167,000
Closed Thacker James D $167,200
Closed Thacker Linda D $19,000
Previous Owner Thacker James D $167,400
Previous Owner Prairie Creek Homes Llc $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2012 05/25/12 Sold $186,000 +11.8% $142 / Sq Ft
05/25/2012 05/25/12 Pending -- -- --
09/15/2011 09/15/11 For Sale $166,400 -- $127 / 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 $3,568 $253,500 $29,500 $224,000
2022 $3,514 $213,900 $29,500 $184,400
2021 $3,498 $213,900 $29,500 $184,400
2020 $3,498 $202,200 $29,500 $172,700
2019 $3,314 $193,200 $29,500 $163,700
2018 $3,154 $193,200 $29,500 $163,700
2017 $3,180 $184,200 $25,000 $159,200
2016 $3,196 $184,200 $25,000 $159,200
2015 $3,160 $184,200 $25,000 $159,200
2014 $3,008 $184,200 $25,000 $159,200
2013 $2,854 $184,200 $25,000 $159,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1106528

Cedar Rapids Area Association of REALTORS®

APN: 20102-55001-01001