NOT LISTED FOR SALE

4501 Armar Dr SE Unit 77 Cedar Rapids, IA 52403

Estimated Value: $109,000 - $120,305

3 Beds
2 Baths
1,346 Sq Ft
$225/mo HOA Fee

Last Sold December 23, 2024

Last sale price $110,000 $82 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,065/month

168 Days on Market

Highlights

  • Deck
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Starry Elementary School Rated A-
  • Guest Parking

About This Home

As of December 2024

Beautifully maintained and move-in ready 3 bedroom, 2 bathroom condo with attached garage and personal storage area. Living room, primary bedroom, hallway and hallway bathroom have been freshly painted. This second level condo features a custom natural stone entry, freshly cleaned carpets, updated kitchen including newer laminate flooring, paint and stylish white cabinetry/counters. The eat-in kitchen (with breakfast bar) and spacious living room both feature sliding doors to the large open-air deck overlooking the great green space below. There are two spacious, secondary bedrooms that share the generous hall bathroom. The primary bedroom features a large walk-in closet and separate full bath for your convenience. This great condo also includes the largest bonus storage space in the building (above the garages) as well as the largest garage with built-in shelving. Included in HOA dues are exterior maintenance. insurance, water, snow removal, lawn care and plenty of guest parking. No pets, 55+ HOA.

Last Agent to Sell the Property

Jim Zachar

COLDWELL BANKER HEDGES Listed on: 06/06/2024

COLDWELL BANKER HEDGES

Last Buyer's Agent

Jim Zachar

COLDWELL BANKER HEDGES Listed on: 06/06/2024

COLDWELL BANKER HEDGES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,554

Year Built

  • Built in 1980

Lot Details

  • 0.61

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,346 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Parkview Elementary School
  • Vernon Middle School
  • Marion High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 14013-53003-01004

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,554

Year Built

Built in 1980

Lot Details

0

HOA Fees

$225 per month

Parking

1

Listing Details

  • Association Fee Frequency: Monthly
  • Property Type: Residential
  • Property Sub-Type: Condominium
  • NAV29_Unit_1_Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Co List Office Phone: 319-378-8760
  • MLS Status: Closed
  • Directions: 1st Ave. W to Armar Dr. SE, S on Armar Dr. SE to building.
  • Above Grade Finished Sq Ft: 1346.0
  • Architectural Style: Ranch, Two Story
  • Unit Levels: Two
  • New Construction: No
  • Year Built: 1980
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2

Exterior Features

  • Construction Type: Brick, Frame, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Guest, Off Street, Garage Door Opener

Utilities

  • Utilities: Cable Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 225.0
  • Association: Yes

Schools

  • Elementary School: Parkview
  • High School: Marion
  • Middle Or Junior School: Vernon

Lot Info

  • Lot Dimensions: Common
  • ResoLotSizeUnits: Acres
  • Parcel Number: 14013-53003-01004
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2554.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Dec 19, 2024
Sold by
Phelan Michael H
Bought by
Berry Mohammed M and Berry Jeanne L
Seller's Agent
Jim Zachar
COLDWELL BANKER HEDGES
Buyer's Agent
Jim Zachar
COLDWELL BANKER HEDGES
List Price
$139,900
Sold Price
$110,000
Premium/Discount to List
-$29,900
-21.37%
Total Days on Market
168
Views
344
Current Estimated Value
$115,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,326
Avg. Annual Appreciation
15.27%

Purchase Details

Closed on
Oct 17, 2011
Sold by
Berry Steve A and The Estate Of Diana Berry
Bought by
Phelan Michael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,260
Interest Rate
4.09%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 6, 2009
Sold by
Rea Lois A and Kadera Mary Louise
Bought by
Berry Diana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,720
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Berry Mohammed M $110,000 None Listed On Document
Phelan Michael H $71,000 None Available
Berry Diana M $77,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phelan Michael H $4,260
Previous Owner Phelan Michael H $59,980
Previous Owner Berry Diana M $20,000
Previous Owner Berry Diana M $57,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2024 12/23/24 Sold $110,000 -8.3% $82 / Sq Ft
11/21/2024 11/21/24 Pending -- -- --
10/18/2024 10/18/24 Price Changed $120,000 -3.6% $89 / Sq Ft
10/05/2024 10/05/24 Price Changed $124,500 -5.3% $92 / Sq Ft
09/04/2024 09/04/24 Price Changed $131,500 -2.2% $98 / Sq Ft
08/17/2024 08/17/24 Price Changed $134,500 -0.3% $100 / Sq Ft
07/12/2024 07/12/24 Price Changed $134,900 -3.6% $100 / Sq Ft
06/06/2024 06/06/24 For Sale $139,900 -- $104 / 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 $2,350 $135,300 $17,000 $118,300
2022 $1,902 $111,400 $17,000 $94,400
2021 $1,980 $93,500 $12,000 $81,500
2020 $1,980 $92,700 $12,000 $80,700
2019 $1,692 $81,400 $12,000 $69,400
2018 $1,644 $81,400 $12,000 $69,400
2017 $1,899 $82,400 $7,000 $75,400
2016 $1,899 $82,400 $7,000 $75,400
2015 $1,937 $84,035 $7,000 $77,035
2014 $1,736 $84,035 $7,000 $77,035
2013 $1,684 $84,035 $7,000 $77,035
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2403915

Cedar Rapids Area Association of REALTORS®

APN: 14013-53003-01004