NOT LISTED FOR SALE

4401 Banar Ave SW Cedar Rapids, IA 52404

Estimated Value: $274,000 - $369,000

2 Beds
2 Baths
1,456 Sq Ft
$100/mo HOA Fee

Last Sold February 12, 2021

Last sale price $307,738 $211 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,391/month

Highlights

  • Ranch Style House
  • Great Room
  • Forced Air Cooling System
  • Prairie Ridge Elementary School Rated A-
  • 2 Car Attached Garage
  • Breakfast Bar

About This Home

As of February 2021

The Woodmor has been our most popular plan, accommodating at it’s base square footage but is easily expanded to work with a buyer’s input and requests. The most popular addition to this plan is it’s third stall garage. This plan can be enhanced with a larger laundry room, a large covered front porch or an expanded dining area. It’s open floor plan and atrium walkout lets natural light flow through the home and the atrium walkout provides easy access to your backyard patio. The distinguished dining area is a favorite feature of buyers, allowing for a long dining table when guests arrive. There are many other optional features to this favorite plan, the Woodmor. $250 Start Up Fee and $100 monthly.

Last Agent to Sell the Property

Autumn Wood

SKOGMAN REALTY Listed on: 09/01/2020

SKOGMAN REALTY

Last Buyer's Agent

Autumn Wood

SKOGMAN REALTY Listed on: 09/01/2020

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,132

Year Built

  • 2020

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Home to be built
  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,456 Sq Ft Home
  • Great Room
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

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
  • On-Street Parking

Outdoor Features

  • Patio

Utilities

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

Community Details

Overview

  • Built by TW Homes, Inc

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,132

Year Built

2020

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1456
  • 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: Breakfast Bar, Kitchen/Dining Combo
  • List User Cell Phone: 319-533-7732
  • Miscellaneous: Cable Ready, Patio
  • New Construction: To Be Built
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.45228
  • Ratio Close Price By Original Li: 1.45228
  • Ratio Current Price By Sq Ft: 211.36
  • R Value Ceiling: 49.0000
  • R Value Sidewalls: 21.0000
  • Total Sq Ft: 1456
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Year Built: 2020

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Water Heater – Electric
  • Additional Room: 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 Stone, Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached, On Street Parking
  • Garage Size: 2 Car

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Lawncaresnowremovalincluded
  • Association Fee: 100
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Common

Building Info

  • Builder Name: TW Homes, Inc

Rental Info

  • Pets: # Of Pets Allowed, Pet Weight Limit, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Feb 11, 2021
Sold by
Todd Wood Construction Inc
Bought by
Borrett Kyle and Borrett Betsy
Seller's Agent
Autumn Wood
SKOGMAN REALTY
Buyer's Agent
Autumn Wood
SKOGMAN REALTY
List Price
$211,900
Sold Price
$307,738
Premium/Discount to List
$95,838
45.23%
Current Estimated Value
$337,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,362
Avg. Annual Appreciation
1.76%
Original Mortgage
$246,190
Outstanding Balance
$220,692
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$112,829
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
Borrett Kyle $308,000 None Available
Borrett Kyle $308,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borrett Kyle $246,190
Closed Borrett Kyle $246,190
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $307,738 +45.2% $211 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $211,900 -- $146 / 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
2024 $6,132 $334,800 $42,500 $292,300
2023 $6,132 $334,800 $42,500 $292,300
2022 $4,560 $276,800 $38,000 $238,800
2021 $4,560 $209,800 $24,000 $185,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2006237

Cedar Rapids Area Association of REALTORS®

APN: 20012-78005-01005