NOT LISTED FOR SALE

4502 1st Ave NW Unit C Cedar Rapids, IA 52405

Estimated Value: $135,000 - $149,000

2 Beds
2 Baths
1,204 Sq Ft
$120/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $132,500 $110 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,281/month

130 Days on Market

Highlights

  • Deck
  • Great Room with Fireplace
  • Forced Air Cooling System
  • Raised Ranch Architecture
  • 1 Car Attached Garage
  • Breakfast Bar

About This Home

As of January 2024

Well maintained condo. You will love the open concept of this unit with vaulted ceilings throughout the kitchen and great room. The kitchen boasts white cabinets, neutral flooring and stainless steel appliances. Enjoy the gas fireplace in the great room or walk out to the deck overlooking a scenic pond. Large Master bedroom with bath. Enjoy added security with attached garage that walks right into the unit. All Appliances stay! Brand NEW air conditioner. Home Warranty and Immediate Possession!

Last Listed By

Ross Wiebold

IOWA REALTY Listed on: 09/05/2023

IOWA REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,704

Year Built

  • 1998

HOA Fees

  • $246 Monthly HOA Fees

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,204 Sq Ft Home
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,704

Year Built

1998

Lot Details

0

HOA Fees

$246 per month

Listing Details

  • Style: Raised Ranch, Townhouse
  • Above Grade Finished Sq Ft: 1204
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 2704
  • List User Cell Phone: 319-521-6000
  • Miscellaneous: Cable Ready, Deck, Home Warranty
  • Net Tax: 2704
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96014
  • Ratio Close Price By Original Li: 0.91379
  • Ratio Current Price By Sq Ft: 110.05
  • Total Sq Ft: 1204
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1998

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 2nd Floor Laundry, Great Room
  • Full Bathrooms: 2
  • Bedrooms Level 2: 2
  • Fireplace Features: Built In, Great Room
  • Level 2 Full Bathrooms: 2
  • Master Bedroom Level: Level 2
  • Room Count: 4

Exterior Features

  • Exterior: Brick, Vinyl

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Lawncaresnowremovalincluded
  • Association Fee: 246
  • Association: Yes

Schools

  • Elementary School: Hoover
  • Middle School: Roosevelt
  • High School: Jefferson

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: # Of Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Jan 30, 2024
Sold by
Bills David
Bought by
Lubbock Spencer
Seller's Agent
Ross Wiebold
IOWA REALTY
Buyer's Agent
Sara Kruse
Pinnacle Realty LLC
List Price
$145,000
Sold Price
$132,500
Premium/Discount to List
-$12,500
-8.62%
Total Days on Market
130
Views
280
Current Estimated Value
$144,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,128
Avg. Annual Appreciation
7.07%

Purchase Details

Listed on
Oct 15, 2020
Closed on
Nov 19, 2020
Sold by
Moenck Teresa A
Bought by
Bills David
Seller's Agent
Amanda Haugen
COLDWELL BANKER HEDGES
Buyer's Agent
Ross Wiebold
IOWA REALTY
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.60%
Original Mortgage
$13,000
Interest Rate
2.8%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Mar 25, 2014
Closed on
Jun 19, 2014
Sold by
Schmitt Shannon E
Bought by
Moenck Teresa A
Seller's Agent
Joe Conner
SKOGMAN REALTY
Buyer's Agent
Joe Conner
SKOGMAN REALTY
List Price
$104,000
Sold Price
$97,000
Premium/Discount to List
-$7,000
-6.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%
Original Mortgage
$77,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 19, 2008
Sold by
Teahen Elizabeth M and Maas Lucas D
Bought by
Schmitt Shannon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,250
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2004
Sold by
Ruhd Karen S
Bought by
Teahen Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,280
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2001
Sold by
Ortiz Alvaro D and Ortiz Diana C
Bought by
Ruhd Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.22%

Purchase Details

Closed on
Jun 19, 1998
Sold by
Wells West Development Company
Bought by
Ortiz Alvaro D and Ortiz Diana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,900
Interest Rate
6.75%

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
Lubbock Spencer $132,500 None Listed On Document
Bills David $130,000 None Available
Moenck Teresa A $97,000 None Available
Schmitt Shannon E $98,500 None Available
Teahen Elizabeth M $96,500 --
Ruhd Karen S $93,500 --
Ortiz Alvaro D $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bills David $13,000
Previous Owner Bills David $117,000
Previous Owner Moenck Teresa A $70,800
Previous Owner Moenck Teresa A $77,000
Previous Owner Schmitt Shannon E $74,250
Previous Owner Teahen Elizabeth M $79,200
Previous Owner Teahen Elizabeth M $95,280
Previous Owner Ruhd Karen S $50,000
Previous Owner Ortiz Alvaro D $69,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $132,500 -4.0% $110 / Sq Ft
01/13/2024 01/13/24 Pending -- -- --
01/04/2024 01/04/24 Price Changed $138,000 -1.4% $115 / Sq Ft
10/11/2023 10/11/23 Price Changed $140,000 -3.4% $116 / Sq Ft
09/05/2023 09/05/23 For Sale $145,000 +11.5% $120 / Sq Ft
11/20/2020 11/20/20 Sold $130,000 0.0% $108 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $130,000 +34.0% $108 / Sq Ft
06/19/2014 06/19/14 Sold $97,000 -6.7% $81 / Sq Ft
05/14/2014 05/14/14 Pending -- -- --
03/25/2014 03/25/14 For Sale $104,000 -- $86 / 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 $2,704 $141,600 $20,000 $121,600
2022 $2,656 $128,200 $18,000 $110,200
2021 $2,294 $128,200 $18,000 $110,200
2020 $2,294 $112,600 $18,000 $94,600
2019 $2,244 $112,600 $18,000 $94,600
2018 $1,936 $112,600 $18,000 $94,600
2017 $2,101 $98,900 $12,000 $86,900
2016 $2,101 $98,900 $12,000 $86,900
2015 $2,145 $100,828 $12,000 $88,828
2014 $1,960 $104,866 $12,000 $92,866
2013 $1,998 $104,866 $12,000 $92,866
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2305843

Cedar Rapids Area Association of REALTORS®

APN: 13253-76001-01022