NOT LISTED FOR SALE

4517 1st Ave SW Unit 6 Cedar Rapids, IA 52405

Estimated Value: $95,000 - $107,000

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

Last Sold August 06, 2021

Last sale price $87,000 $97 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $838/month

10 Days on Market

Highlights

  • Gated Community
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Deck
  • 1 Car Detached Garage
  • Intercom

About This Home

As of August 2021

This home is located at 4517 1st Ave SW Unit 6, Cedar Rapids, IA 52405 since 28 June 2021 and is currently estimated at $101,567, approximately $112 per square foot. This property was built in 1997. 4517 1st Ave SW Unit 6 is a home located in Linn County with nearby schools including Hoover Elementary School, Roosevelt Creative Corridor Business Academy, and Thomas Jefferson High School.

Last Listed By

Cassidy Farnsworth

COLDWELL BANKER HEDGES Listed on: 06/28/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,663

Year Built

  • 1997

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 900 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Intercom

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Deck

Utilities

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

Community Details

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets

Additional Features

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,663

Year Built

1997

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Style: Over 2 Stories
  • Above Grade Finished Sq Ft: 900
  • Association Fee Frequency: Month
  • Association Management: By Association, By Prop Mgmt.
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 1663
  • List User Cell Phone: 515-314-4801
  • Miscellaneous: Deck, Intercom
  • Net Tax: 1663
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96667
  • Ratio Close Price By Original Li: 0.96667
  • Ratio Current Price By Sq Ft: 96.67
  • 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, Water Heater – Gas
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Gas, Living Room
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit, Lawncaresnowremovalincluded, Secured Entrance
  • Association Fee: 125
  • 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
Jun 28, 2021
Closed on
Aug 5, 2021
Sold by
Schiffer Thomas W
Bought by
Torres Theo and Torres Luckyness
Seller's Agent
Cassidy Farnsworth
COLDWELL BANKER HEDGES
Buyer's Agent
Cassidy Farnsworth
COLDWELL BANKER HEDGES
List Price
$90,000
Sold Price
$87,000
Premium/Discount to List
-$3,000
-3.33%
Total Days on Market
10
Current Estimated Value
$101,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,567
Avg. Annual Appreciation
6.12%

Purchase Details

Listed on
Jan 28, 2019
Closed on
Apr 25, 2019
Sold by
Leary Joseph H O and Leary Laura S O
Bought by
Schiffer Thomas W
Seller's Agent
Bill Williamson
SKOGMAN REALTY
Buyer's Agent
Bill Williamson
SKOGMAN REALTY
List Price
$75,000
Sold Price
$72,500
Premium/Discount to List
-$2,500
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%
Original Mortgage
$58,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2013
Sold by
Leary Jacob Joseph O
Bought by
Leary Joseph H O and Leary Laura S O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,520
Interest Rate
4.33%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 31, 2013
Sold by
Kautman Sherrie
Bought by
Leary Jacob Joseph O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,865
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 23, 2006
Sold by
Paulson Amy M and Paulson Brent T
Bought by
Kautman Sherrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,030
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2001
Sold by
Pickart Kari L
Bought by
Wilhelm Amy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,492
Interest Rate
7.07%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2000
Sold by
Mccusker Michael W and Mccusker Michelle A
Bought by
Pickart Kari L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
8.13%

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
Torres Theo $87,000 None Available
Schiffer Thomas W $72,500 None Available
Leary Joseph H O $67,000 None Available
Leary Jacob Joseph O $67,000 None Available
Kautman Sherrie $71,500 None Available
Wilhelm Amy M $66,500 --
Pickart Kari L $65,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schiffer Thomas W $58,000
Previous Owner Leary Joseph H O $53,520
Previous Owner Leary Jacob Joseph O $56,865
Previous Owner Kautman Sherrie $61,030
Previous Owner Wilhelm Amy M $65,492
Previous Owner Pickart Kari L $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $87,000 -3.3% $97 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $90,000 +24.1% $100 / Sq Ft
04/30/2019 04/30/19 Sold $72,500 -3.3% $81 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $75,000 -- $83 / 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 $1,726 $93,200 $13,000 $80,200
2022 $1,380 $81,800 $10,000 $71,800
2021 $1,420 $75,600 $10,000 $65,600
2020 $1,420 $73,000 $10,000 $63,000
2019 $1,454 $67,500 $10,000 $57,500
2018 $1,386 $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 $1,398 $65,671 $5,000 $60,671
2014 $1,398 $65,671 $5,000 $60,671
2013 $1,182 $65,671 $5,000 $60,671
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2104380

Cedar Rapids Area Association of REALTORS®

APN: 13253-77004-01053