NOT LISTED FOR SALE

4505 1st Ave SW Unit 1 Cedar Rapids, IA 52405

Estimated Value: $94,000 - $106,000

2 Beds
1 Bath
900 Sq Ft
$115/mo HOA Fee

Last Sold May 31, 2018

Last sale price $70,000 $78 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $780/month

3 Days on Market

Highlights

  • Gated Community
  • 1 Car Detached Garage
  • Patio
  • Ranch Style House
  • Forced Air Cooling System
  • Home Security System

About This Home

As of May 2018

Check out this amazing condo on the first floor. One stall garage conveniently located across from the walk-in patio with sliding glass doors. Plus handicap parking spot if needed close to front door. Gently lived in two bedroom with newer appliances. Built-in gas fireplace located in the great room. Great location close to shopping, restaurants and schools.

Last Agent to Sell the Property

Jennifer Goerdt

KW Advantage Listed on: 04/03/2018

KW Advantage

Last Buyer's Agent

Tony El-Orm

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,450

Year Built

  • 1997

HOA Fees

  • $115 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 900 Sq Ft Home
  • Gas Fireplace
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Home Security System

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Guest Parking

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,450

Year Built

1997

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 900
  • Association Fee Frequency: Month
  • Association Management: By Prop Mgmt.
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 1450
  • List User Cell Phone: 319-350-1170
  • Miscellaneous: Cable Ready, Patio, Security System
  • Net Tax: 1265
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 77.78
  • Total Sq Ft: 900
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1997

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Gas, Great Room
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 4

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached, Guest Parking
  • Garage Size: 1 Car

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit, Secured Entrance
  • Association Fee: 115
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Common

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2018
Closed on
May 29, 2018
Sold by
Gunder Crimb A
Bought by
Smith Lemoine D
Seller's Agent
Jennifer Goerdt
KW Advantage
Buyer's Agent
Tony El-Orm
RE/MAX CONCEPTS
List Price
$70,000
Sold Price
$70,000
Current Estimated Value
$99,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,998
Avg. Annual Appreciation
5.15%
Original Mortgage
$67,300
Outstanding Balance
$59,050
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$41,102

Purchase Details

Closed on
Jul 20, 2000
Sold by
The Lee Family Partnership
Bought by
Hanson Robert J and Hanson Beverly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
8.27%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Smith Lemoine D $70,000 None Available
Hanson Robert J $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Lemoine D $67,300
Previous Owner Hanson Robert J $71,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $70,000 0.0% $78 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $70,000 -- $78 / 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 $1,352 $87,300 $13,000 $74,300
2022 $1,288 $76,400 $10,000 $66,400
2021 $1,324 $74,600 $10,000 $64,600
2020 $1,324 $71,900 $10,000 $61,900
2019 $1,182 $66,600 $10,000 $56,600
2018 $1,112 $66,600 $10,000 $56,600
2017 $1,128 $63,600 $5,000 $58,600
2016 $1,281 $63,600 $5,000 $58,600
2015 $1,305 $64,692 $5,000 $59,692
2014 $1,120 $64,692 $5,000 $59,692
2013 $545 $64,692 $5,000 $59,692
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Goerdt

    Seller's Agent in 2018

    Jennifer Goerdt

    KW Advantage

    (319) 350-1170

    94 Total Sales

    Jennifer Goerdt
    Section Image

  • T

    Buyer's Agent in 2018

    Tony El-Orm

    RE/MAX

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1802229

Cedar Rapids Area Association of REALTORS®

APN: 13253-77004-01036

Iowa Linn County Cedar Rapids 52404

4505 1st Ave SW Unit 1, Cedar Rapids, IA

This home is located at 4505 1st Ave SW Unit 1, Cedar Rapids, IA 52405 since 03 April 2018 and is currently estimated at $99,998, approximately $111 per square foot. This property was built in 1997. 4505 1st Ave SW Unit 1 is a home located in Linn County with nearby schools including Hoover Elementary School, Roosevelt Creative Corridor Business Academy, and Thomas Jefferson High 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.

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.

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