NOT LISTED FOR SALE

4412 Banar Ave SW Cedar Rapids, IA 52404

Estimated Value: $218,000 - $248,553

2 Beds
2 Baths
1,188 Sq Ft
$175/mo HOA Fee

Last Sold March 01, 2024

Last sale price $236,065 $199 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,687/month

107 Days on Market

Highlights

  • New Construction
  • Deck
  • 2 Car Attached Garage
  • Prairie Ridge Elementary School Rated A-
  • Ranch Style House
  • Forced Air Cooling System

About This Home

As of March 2024

This home is located at 4412 Banar Ave SW, Cedar Rapids, IA 52404 since 09 October 2023 and is currently estimated at $238,138, approximately $200 per square foot. This property was built in 2022. 4412 Banar Ave SW is a home located in Linn County with nearby schools including Prairie Crest Elementary School, Prairie View Elementary School, and Prairie Ridge Elementary School.

Last Agent to Sell the Property

Kiah Wood

SKOGMAN REALTY Listed on: 10/09/2023

SKOGMAN REALTY

Last Buyer's Agent

Michelle Lochner

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $842

Year Built

  • 2022

HOA Fees

  • $175 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,188 Sq Ft Home
  • 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

  • Deck

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

$842

Year Built

2022

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1188
  • Association Fee Frequency: Month
  • Association Management: By Association, 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
  • Gross Tax: 842
  • List User Cell Phone: 319-210-9504
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 842
  • New Construction: Yes
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.02682
  • Ratio Close Price By Original Li: 1.02682
  • Ratio Current Price By Sq Ft: 198.71
  • 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: NewHome
  • Property Sub Type: Condos
  • Year Built: 2022

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Hood Fan, Microwave, Range, Water Heater – Electric
  • 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: 175
  • Association: Yes

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
Oct 9, 2023
Closed on
Feb 26, 2024
Sold by
Tw Homes Inc
Bought by
Lochner Lyle E
Seller's Agent
Kiah Wood
SKOGMAN REALTY
Buyer's Agent
Michelle Lochner
SKOGMAN REALTY
List Price
$229,900
Sold Price
$236,065
Premium/Discount to List
$6,165
2.68%
Views
31
Current Estimated Value
$238,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,073
Avg. Annual Appreciation
0.49%
Original Mortgage
$211,065
Outstanding Balance
$207,535
Interest Rate
6.6%
Mortgage Type
VA
Estimated Equity
$30,603
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lochner Lyle E $236,500 None Listed On Document
Lochner Lyle E $236,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lochner Lyle E $211,065
Closed Lochner Lyle E $211,065
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2024 03/01/24 Sold $236,065 +2.7% $199 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
10/09/2023 10/09/23 For Sale $229,900 -- $194 / 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 $3,156 $243,600 $38,000 $205,600
2024 $842 $242,900 $42,500 $200,400
2023 $842 $166,600 $42,500 $124,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kiah Wood

    SKOGMAN REALTY

    (319) 210-9504

    38 Total Sales

    Kiah Wood
    Section Image
  • Michelle Lochner

    Buyer's Agent in 2024

    Michelle Lochner

    SKOGMAN REALTY

    (319) 560-7575

    48 Total Sales

    Michelle Lochner
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2306680

Cedar Rapids Area Association of REALTORS®

APN: 20012-76017-01010

Iowa Linn County Cedar Rapids 52404

4412 Banar Ave SW, Cedar Rapids, IA

Not Listed for Sale

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Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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