$131,000
SOLD AUG 26, 2024

4501 Armar Dr SE Unit 74 Cedar Rapids, IA 52403

2 Beds
2 Baths
1,126 Sq Ft
$200/mo HOA Fee

Recently Sold

$116 Per Sq Ft

3% Below List Price

14 Days on Market

Highlights

  • Senior Community
  • Ranch Style House
  • Forced Air Cooling System
  • Gated Community
  • 1 Car Attached Garage
  • Patio

About This Home

As of August 2024

This 1st floor condo has 2 bedrooms and 2 baths. Upon walking into the condo, you will see a bright and spacious living room and a dining area with glass sliding doors that lead to a fenced patio. The kitchen has been updated with newly painted cabinets and boasts of a nice spacious pantry, all appliances will stay. There are 2 bedrooms with ample closet space. The main bathroom has been recently updated. The master bedroom has a nice master bath. The utility room has a washer and dryer that will stay. Newer LVP floors. Both bedrooms are carpeted. Upstairs storage area and 1 car attached garage. This is a 55+ building. No rentals. Must see!

Last Agent to Sell the Property

Diona Carpenter

SKOGMAN REALTY Listed on: 07/12/2024

SKOGMAN REALTY

Last Buyer's Agent

Nicki Kramer

Pinnacle Realty LLC

Pinnacle Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,441

Year Built

  • 1980

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,126 Sq Ft Home
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Community Details

Overview

  • Senior Community

Recreation

  • Snow Removal

Pet Policy

  • No Pets Allowed

Additional Features

  • Community Storage Space
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,441

Year Built

1980

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1126
  • Association Fee Frequency: Month
  • Association Management: By Association
  • 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
  • Gross Tax: 2441
  • List User Cell Phone: 319-360-2124
  • Miscellaneous: Cable Ready, Patio
  • Net Tax: 2238
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97037
  • Ratio Close Price By Original Li: 0.97037
  • Ratio Current Price By Sq Ft: 116.34
  • Total Sq Ft: 1126
  • 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, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Living Room
  • Basement: Slab
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Brick, Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Attached
  • Garage Size: 120

Utilities

  • Heating Cooling: Central Air, Forced Air

Condo/Co-op/Association

  • Association Amenities: 55+, Laundry In Unit, Lawncaresnowremovalincluded, Secure Storage Area, Secured Entrance
  • Association Fee: 200
  • Association: Yes

Schools

  • Elementary School: Parkview
  • 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
Jul 12, 2024
Closed on
Aug 22, 2024
Sold by
Welty Sheleen A
Bought by
Huth Robert
Seller's Agent
Diona Carpenter
SKOGMAN REALTY
Buyer's Agent
Nicki Kramer
Pinnacle Realty LLC
List Price
$135,000
Sold Price
$131,000
Premium/Discount to List
-$4,000
-2.96%
Views
45
Current Estimated Value
$129,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,643
Avg. Annual Appreciation
-0.63%
Original Mortgage
$369,795
Outstanding Balance
$363,902
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
-$233,568

Purchase Details

Closed on
Jan 31, 2020
Sold by
Nicholls Donald E and Nicholls Judith A
Bought by
Nicholls Donald E
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 Type Sale Price Title Company
Warranty Deed $131,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $369,795 New Conventional
Previous Owner $63,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2024 08/26/24 Sold $131,000 -3.0% $116 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $135,000 -- $120 / 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 $2,238 $123,400 $17,000 $106,400
2022 $1,806 $106,500 $17,000 $89,500
2021 $1,882 $89,300 $12,000 $77,300
2020 $1,882 $88,500 $12,000 $76,500
2019 $1,788 $85,600 $12,000 $73,600
2018 $1,622 $85,600 $12,000 $73,600
2017 $1,875 $81,400 $6,000 $75,400
2016 $1,875 $81,400 $6,000 $75,400
2015 $1,915 $83,079 $6,000 $77,079
2014 $1,714 $83,079 $6,000 $77,079
2013 $1,662 $83,079 $6,000 $77,079
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2404850

Cedar Rapids Area Association of REALTORS®

APN: 14013-53003-01001