NOT LISTED FOR SALE

4525 1st Ave SW Unit 12 Cedar Rapids, IA 52405

Estimated Value: $91,943 - $99,000

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

Last Sold January 22, 2021

Last sale price $60,000 $67 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $744/month

10 Days on Market

Highlights

  • Gated Community
  • Deck
  • Main Floor Primary Bedroom
  • Junction City Elementary School Rated A
  • Vaulted Ceiling
  • 1 Car Detached Garage

About This Home

As of January 2021

**ACCEPTED OFFER, TAKING BACK UP OFFERS**This little equity builder is ready and waiting for it's new owners! With a little TLC this condo could be a perfect starter home or a great alternative to paying rent. Located near shopping and the highway makes getting around town convenient too. Garage space #12 goes with this unit. Property being sold as is.

Last Agent to Sell the Property

Steve Emig

SKOGMAN REALTY Listed on: 08/21/2020

SKOGMAN REALTY

Last Buyer's Agent

Shauna Schroeder

Exit Eastern Iowa Real Estate

Exit Eastern Iowa Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,407

Year Built

  • 1998

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

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

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

Outdoor Features

  • Deck

Utilities

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

Community Details

Recreation

  • Snow Removal

Additional Features

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,407

Year Built

1998

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 Prop Mgmt.
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 3rd Floor +
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 1407
  • List User Cell Phone: 319-389-1999
  • Miscellaneous: Cable Ready, Deck, Satellite Dish, Vaulted Ceiling
  • Net Tax: 1286
  • 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: 66.67
  • Total Sq Ft: 900
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1998

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Living Room
  • 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: Partial Brick, Vinyl

Garage/Parking

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

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

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: Assoc Approval Required

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Dec 1, 2020
Sold by
Fuchs Thomas M
Bought by
Hurley Stephanie M
Seller's Agent
Steve Emig
SKOGMAN REALTY
Buyer's Agent
Shauna Schroeder
Exit Eastern Iowa Real Estate
List Price
$60,000
Sold Price
$60,000
Current Estimated Value
$95,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,486
Avg. Annual Appreciation
9.93%
Original Mortgage
$58,913
Interest Rate
2.71%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 4, 1998
Sold by
Wells & Ambrose Development Co Inc
Bought by
Fuchs Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,100
Interest Rate
7.06%
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
Hurley Stephanie M $60,000 Security First Title Co
Fuchs Thomas M $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hurley Stephanie M $58,913
Previous Owner Fuchs Thomas M $61,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2021 01/22/21 Sold $60,000 0.0% $67 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $60,000 -- $67 / 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 $1,398 $96,300 $13,000 $83,300
2024 $1,466 $89,500 $13,000 $76,500
2023 $1,466 $89,500 $13,000 $76,500
2022 $1,400 $78,400 $10,000 $68,400
2021 $1,438 $76,500 $10,000 $66,500
2020 $1,438 $73,800 $10,000 $63,800
2019 $1,286 $68,200 $10,000 $58,200
2018 $1,218 $68,200 $10,000 $58,200
2017 $1,387 $65,300 $5,000 $60,300
2016 $1,387 $65,300 $5,000 $60,300
2015 $1,411 $66,320 $5,000 $61,320
2014 $1,226 $66,320 $5,000 $61,320
2013 -- $66,320 $5,000 $61,320
Source: Public Records

Agents Affiliated with this Home

  • Steve Emig

    Seller's Agent in 2021

    Steve Emig

    SKOGMAN REALTY

    (319) 389-1999

    118 Total Sales

    Steve Emig
    Section Image

  • S

    Buyer's Agent in 2021

    Shauna Schroeder

    Exit Eastern Iowa Real Estate

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2005979

Cedar Rapids Area Association of REALTORS®

APN: 13253-77004-01083

Iowa Linn County Cedar Rapids 52404

4525 1st Ave SW Unit 12, Cedar Rapids, IA

Not Listed for Sale

Condos

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