NOT LISTED FOR SALE

4501 Armar Dr SE Unit 73 Cedar Rapids, IA 52403

Estimated Value: $129,000 - $139,000

3 Beds
2 Baths
1,346 Sq Ft
$110/mo HOA Fee

Last Sold June 01, 2016

Last sale price $104,900 $78 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,095/month

Highlights

  • Senior Community
  • Formal Dining Room
  • Eat-In Kitchen
  • Ranch Style House
  • 1 Car Attached Garage
  • Intercom

About This Home

As of June 2016

This home is located at 4501 Armar Dr SE Unit 73, Cedar Rapids, IA 52403 since 11 April 2016 and is currently estimated at $134,634, approximately $100 per square foot. This property was built in 1980. 4501 Armar Dr SE Unit 73 is a home located in Linn County with nearby schools including Starry Elementary School, Francis Marion Intermediate School, and Vernon Middle School.

Last Agent to Sell the Property

Daniel Baty

COLDWELL BANKER HEDGES Listed on: 04/11/2016

COLDWELL BANKER HEDGES

Last Buyer's Agent

Daniel Baty

COLDWELL BANKER HEDGES Listed on: 04/11/2016

COLDWELL BANKER HEDGES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,193

Year Built

  • 1980

HOA Fees

  • $110 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,346 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Intercom

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Utilities

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

Community Details

Overview

  • Senior Community

Amenities

  • Community Storage Space

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,193

Year Built

1980

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1346
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 2193
  • List User Cell Phone: 319-360-0178
  • Miscellaneous: Cable Ready, Intercom
  • Net Tax: 1992
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.95450
  • Ratio Close Price By Original Li: 0.95450
  • Ratio Current Price By Sq Ft: 77.93
  • Total Sq Ft: 1346
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, 3 Seasons, Living Room
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Wood Burning, Living Room
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

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

Garage/Parking

  • Garage/Parking: 1 Car, Attached
  • Garage Size: 11X22

Utilities

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

Condo/Co-op/Association

  • Association Amenities: 55+, Laundry In Unit, Secure Storage Area
  • Association Fee: 110
  • Association: Yes

Schools

  • Elementary School: Starry
  • Middle School: Vernon
  • High School: Marion

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: Pets Not Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2016
Closed on
May 31, 2016
Sold by
Williams Kathleen L
Bought by
Reihle Lori A
Seller's Agent
Daniel Baty
COLDWELL BANKER HEDGES
Buyer's Agent
Daniel Baty
COLDWELL BANKER HEDGES
List Price
$109,900
Sold Price
$104,900
Premium/Discount to List
-$5,000
-4.55%
Current Estimated Value
$134,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,734
Avg. Annual Appreciation
2.97%
Original Mortgage
$97,410
Outstanding Balance
$78,668
Interest Rate
3.61%
Mortgage Type
Closed End Mortgage
Estimated Equity
$58,066

Purchase Details

Closed on
Feb 9, 2011
Sold by
Comstock Michael K and Comstock Theresa J
Bought by
Williams Kathleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,670
Interest Rate
4.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 28, 2005
Sold by
Becker Dennis R and Estate Of Evelyn L Low
Bought by
Comstock Michael K and Comstock Theresa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,600
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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
Reihle Lori A -- None Available
Williams Kathleen L $106,000 None Available
Comstock Michael K $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reihle Lori A $97,410
Previous Owner Williams Kathleen L $8,000
Previous Owner Williams Kathleen L $27,670
Previous Owner Comstock Michael K $79,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2016 06/01/16 Sold $104,900 -4.5% $78 / Sq Ft
04/11/2016 04/11/16 For Sale $109,900 -- $82 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
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 $2,824 $143,400 $17,000 $126,400
2022 $2,332 $123,200 $17,000 $106,200
2021 $2,422 $103,700 $12,000 $91,700
2020 $2,422 $102,800 $12,000 $90,800
2019 $2,304 $99,300 $12,000 $87,300
2018 $2,156 $99,300 $12,000 $87,300
2017 $1,972 $96,500 $7,000 $89,500
2016 $2,147 $96,500 $7,000 $89,500
2015 $1,946 $98,491 $7,000 $91,491
2014 $1,992 $98,491 $7,000 $91,491
2013 $1,932 $98,491 $7,000 $91,491
Source: Public Records

Agents Affiliated with this Home

  • Daniel Baty

    Seller's Agent in 2016

    Daniel Baty

    COLDWELL BANKER HEDGES

    (319) 360-0178

    134 Total Sales

    Daniel Baty
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1604404

Cedar Rapids Area Association of REALTORS®

APN: 14013-53003-01000

Iowa Linn County Cedar Rapids 52403

4501 Armar Dr SE Unit 73, Cedar Rapids, IA

This home is located at 4501 Armar Dr SE Unit 73, Cedar Rapids, IA 52403 since 11 April 2016 and is currently estimated at $134,634, approximately $100 per square foot. This property was built in 1980. 4501 Armar Dr SE Unit 73 is a home located in Linn County with nearby schools including Starry Elementary School, Francis Marion Intermediate School, and Vernon Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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