NOT LISTED FOR SALE

4501 Armar Dr SE Unit 74 Cedar Rapids, IA 52403

Estimated Value: $112,893 - $127,000

2 Beds
2 Baths
1,126 Sq Ft
1980 Built

Sale Details

Date Sold: August 26, 2024

Last sale price $131,000 $116 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,028 / mo

14 Days on Market

Highlights

  • Active Adult
  • 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

  • Active Adult

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 Sq Ft Lot

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

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
$120,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,277
Avg. Annual Appreciation
-4.69%

Purchase Details

Closed on
Apr 11, 2022
Sold by
Nicholls Donald E
Bought by
Welty Sheleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
3.76%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 31, 2020
Sold by
Nicholls Donald E and Nicholls Judith A
Bought by
Nicholls Donald E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Huth Robert $131,000 None Listed On Document
Welty Sheleen A $130,000 Simmons Perrine Moyer Bergman
Nicholls Donald E -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Welty Sheleen A $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $2,208 $124,800 $19,500 $105,300
2024 $2,238 $123,400 $17,000 $106,400
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

  • Diona Carpenter

    Seller's Agent in 2024

    Diona Carpenter

    SKOGMAN REALTY

    (319) 360-2124

    10 in this area

    82 Total Sales

    Diona Carpenter
    Section Image

  • N

    Buyer's Agent in 2024

    Nicki Kramer

    Pinnacle Realty LLC

    (319) 981-2889

    16 in this area

    115 Total Sales

    Nicki Kramer
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2404850

Cedar Rapids Area Association of REALTORS®

APN: 14013-53003-01001

Iowa Linn County Cedar Rapids 52403

4501 Armar Dr SE Unit 74, Cedar Rapids, IA

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.

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.
Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.