NOT LISTED FOR SALE

4517 1st Ave SW Unit 11 Cedar Rapids, IA 52405

Estimated Value: $96,000 - $163,440

2 Beds
1 Bath
900 Sq Ft
$125/mo HOA Fee

Last Sold July 25, 2019

Last sale price $73,500 $82 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $866/month

15 Days on Market

Highlights

  • Gated Community
  • Deck
  • Ranch Style House
  • Junction City Elementary School Rated A
  • Vaulted Ceiling
  • 1 Car Detached Garage

About This Home

As of July 2019

CLEAN 3RD FLOOR UNIT READY FOR NEW OWNER. THIS CONDO OFFERS 2 BEDROOMS, 1 FULL BATH, WITH ALL APPLIANCES STAYING INCLUDING WASHER/DRYER. VAULTED CEILING, GAS BURNING FIREPLACE IN LIVING ROOM, SECURED ENTRANCE, AND 1 CAR GARAGE. CALL THIS PLACE HOME TODAY!

Last Agent to Sell the Property

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES Listed on: 05/28/2019

Last Buyer's Agent

Dawn Hysler

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,486

Year Built

  • 1997

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 900 Sq Ft Home
  • Vaulted Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,486

Year Built

1997

Lot Details

0

HOA Fees

$125 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
  • Bedrooms Level 3: 2
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 3rd Floor +
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 1486
  • List User Cell Phone: 319-981-3702
  • Miscellaneous: Deck, Vaulted Ceiling
  • Net Tax: 1303
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98065
  • Ratio Close Price By Original Li: 0.98065
  • Ratio Current Price By Sq Ft: 81.67
  • 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
  • Full Bathrooms: 1
  • Fireplace Features: Built In, Gas, Living Room
  • Level 3 Full Bathrooms: 1
  • Master Bedroom Level: Level 3

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

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

Utilities

  • Heating Cooling: Central Air, Gas Heat

Condo/Co-op/Association

  • Association Amenities: Secured Entrance
  • Association Fee: 125
  • Association: Yes

Lot Info

  • Lot Size: Common

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2019
Closed on
Jul 22, 2019
Sold by
Alimandinger Amy M
Bought by
Morgan Koral
Seller's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Dawn Hysler
SKOGMAN REALTY
List Price
$74,950
Sold Price
$73,500
Premium/Discount to List
-$1,450
-1.93%
Current Estimated Value
$115,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,360
Avg. Annual Appreciation
7.36%
Original Mortgage
$71,295
Outstanding Balance
$62,435
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$53,425

Purchase Details

Closed on
Dec 23, 2016
Sold by
Michel Dalton R
Bought by
Allmandinger Amy M

Purchase Details

Listed on
Oct 1, 2014
Closed on
Nov 24, 2014
Sold by
Neppel Daniel J
Bought by
Michel Dalton R
Seller's Agent
Penny Novak
SKOGMAN REALTY
Buyer's Agent
Jennifer Burhans
LEPIC-KROEGER CORRIDOR, REALTORS
List Price
$67,700
Sold Price
$65,700
Premium/Discount to List
-$2,000
-2.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%
Original Mortgage
$52,560
Interest Rate
3.75%
Mortgage Type
Closed End Mortgage

Purchase Details

Closed on
May 6, 2010
Sold by
Wedemeier Linda L
Bought by
Neppel Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,050
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 1998
Sold by
Shue Gregory D
Bought by
Wedemeier Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,550
Interest Rate
7%

Purchase Details

Closed on
Oct 14, 1997
Sold by
Wells & Ambrose Development Co Inc
Bought by
Shue Gregory D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,700
Interest Rate
7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morgan Koral $73,500 None Available
Allmandinger Amy M -- None Available
Michel Dalton R $66,000 None Available
Neppel Daniel J $72,500 None Available
Wedemeier Linda L $66,500 --
Shue Gregory D $65,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Koral $71,295
Previous Owner Michel Dalton R $52,560
Previous Owner Neppel Daniel J $62,050
Previous Owner Wedemeier Linda L $63,550
Previous Owner Shue Gregory D $52,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2019 07/25/19 Sold $73,500 -1.9% $82 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
05/28/2019 05/28/19 For Sale $74,950 +14.1% $83 / Sq Ft
11/25/2014 11/25/14 Sold $65,700 -3.0% $73 / Sq Ft View Prior Sale
10/30/2014 10/30/14 Pending -- -- --
10/01/2014 10/01/14 For Sale $67,700 -- $75 / 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 $1,566 $96,300 $13,000 $83,300
2024 $1,634 $88,500 $13,000 $75,500
2023 $1,634 $88,500 $13,000 $75,500
2022 $1,566 $77,500 $10,000 $67,500
2021 $1,610 $75,600 $10,000 $65,600
2020 $1,610 $73,000 $10,000 $63,000
2019 $1,272 $67,500 $10,000 $57,500
2018 $1,202 $67,500 $10,000 $57,500
2017 $1,406 $64,600 $5,000 $59,600
2016 $1,374 $64,600 $5,000 $59,600
2015 $1,374 $65,671 $5,000 $60,671
2014 $1,212 $65,671 $5,000 $60,671
2013 $1,182 $65,671 $5,000 $60,671
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Graf Home Selling Team

    GRAF HOME SELLING TEAM & ASSOCIATES

  • D

    Buyer's Agent in 2019

    Dawn Hysler

    SKOGMAN REALTY

  • P

    Seller's Agent in 2014

    Penny Novak

    SKOGMAN REALTY

    Section Image
  • Jennifer Burhans

    Buyer's Agent in 2014

    Jennifer Burhans

    LEPIC-KROEGER CORRIDOR, REALTORS

    (319) 270-9353

    211 Total Sales

    Jennifer Burhans
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1903984

Cedar Rapids Area Association of REALTORS®

APN: 13253-77004-01058

Iowa Linn County Cedar Rapids 52404

4517 1st Ave SW Unit 11, Cedar Rapids, IA

Not Listed for Sale

Condos

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