NOT LISTED FOR SALE

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

Estimated Value: $96,000 - $103,000

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. 42% increase in value since last sale

Current estimated payment $728/month

3 Days on Market

Highlights

  • Gated Community
  • Ranch Style House
  • Forced Air Cooling System
  • Junction City Elementary School Rated A
  • 1 Car Detached Garage
  • Patio

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
  • 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

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
$99,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,365
Avg. Annual Appreciation
4.74%
Original Mortgage
$67,300
Outstanding Balance
$58,203
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$41,162

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 List to Sale Price per Sq Ft
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
2025 $1,082 $95,000 $13,000 $82,000
2024 $1,352 $87,300 $13,000 $74,300
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

    91 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

Not Listed for Sale

Condos

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