NOT LISTED FOR SALE

4525 1st Ave SW Unit 5 Cedar Rapids, IA 52405

Estimated Value: $95,000 - $104,000

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

Last Sold October 20, 2020

Last sale price $76,700 $85 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $769/month

23 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Junction City Elementary School Rated A
  • 1 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of October 2020

This condo located on SW side of Cedar Rapids, close to shopping and HWY 100 access. This unit has a secure front access and on 2nd level of building with the deck facing the north parking lot. This unit has spacious living area,with gas fireplace, 2 bedrooms and 1 bath. Kitchen has plenty of storage space and bi-fold doors to the laundry. 1 car det garage. Newer carpet and paint throughout. Tenant occupies. Perfect for an investment property instant cash flow.

Last Agent to Sell the Property

Penny Novak

SKOGMAN REALTY Listed on: 08/18/2020

SKOGMAN REALTY

Co-Listed By

Jaime Burczek

SKOGMAN REALTY

Last Buyer's Agent

Penny Novak

SKOGMAN REALTY Listed on: 08/18/2020

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,506

Year Built

  • 1998

HOA Fees

  • $115 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Cable TV Available

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,506

Year Built

1998

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Style: Over 2 Stories
  • Above Grade Finished Sq Ft: 900
  • Association Fee Frequency: Month
  • Association Management: By Association
  • 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: 1506
  • List User Cell Phone: 319-981-3484
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 1506
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97707
  • Ratio Close Price By Original Li: 0.97707
  • Ratio Current Price By Sq Ft: 85.22
  • 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, Dryer, Range, Refrigerator, Washer
  • Additional Room: 1st Floor Laundry
  • 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
  • Garage Size: 1 car

Utilities

  • Heating Cooling: Central Air, Forced Air

Condo/Co-op/Association

  • Association Fee: 115
  • 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 18, 2020
Closed on
Oct 16, 2020
Sold by
Nzayiramya Emmanuel and Bamurange Toyota
Bought by
Pine Creek Properties Llc
Seller's Agent
Penny Novak
SKOGMAN REALTY
Buyer's Agent
Penny Novak
SKOGMAN REALTY
List Price
$78,500
Sold Price
$76,700
Premium/Discount to List
-$1,800
-2.29%
Current Estimated Value
$99,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,465
Avg. Annual Appreciation
5.10%

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
Toyota Nzayiramya Emmanuel and Toyota Bamurange
Seller's Agent
Bill Williamson
SKOGMAN REALTY
Buyer's Agent
Penny Novak
SKOGMAN REALTY
List Price
$75,000
Sold Price
$74,500
Premium/Discount to List
-$500
-0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.03%
Original Mortgage
$59,600
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 25, 2008
Sold by
Bergman William R and Bergman Cindy
Bought by
Oleary Joseph H and Oleary Laura S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,800
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2005
Sold by
Weir Steven B
Bought by
Bergman William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,650
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 17, 2002
Sold by
Oneill Benjimin S and Oneill Heather J
Bought by
Weir Steven B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,876
Interest Rate
6.13%

Purchase Details

Closed on
Oct 29, 1998
Sold by
Wells & Ambrose Development Co Inc
Bought by
Oneill Benjimin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,505
Interest Rate
7.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pine Creek Properties Llc $77,000 None Listed On Document
Pine Creek Properties Llc $77,000 Skogman Erick
Toyota Nzayiramya Emmanuel $74,500 None Available
Oleary Joseph H $68,000 None Available
Bergman William R $68,000 --
Weir Steven B $68,500 --
Oneill Benjimin S $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Toyota Nzayiramya Emmanuel $59,600
Previous Owner Oleary Joseph H $54,800
Previous Owner Bergman William R $61,650
Previous Owner Weir Steven B $66,876
Previous Owner Oneill Benjimin S $64,505
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2020 10/20/20 Sold $76,700 -2.3% $85 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $78,500 +5.4% $87 / Sq Ft
05/09/2019 05/09/19 Sold $74,500 -0.7% $83 / Sq Ft View Prior Sale
04/11/2019 04/11/19 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
2025 $1,584 $96,300 $13,000 $83,300
2024 $1,654 $89,500 $13,000 $76,500
2023 $1,654 $89,500 $13,000 $76,500
2022 $1,584 $78,400 $10,000 $68,400
2021 $1,628 $76,500 $10,000 $66,500
2020 $1,628 $73,800 $10,000 $63,800
2019 $1,470 $68,200 $10,000 $58,200
2018 $1,400 $68,200 $10,000 $58,200
2017 $1,422 $65,300 $5,000 $60,300
2016 $1,388 $65,300 $5,000 $60,300
2015 $1,388 $66,320 $5,000 $61,320
2014 $1,412 $66,320 $5,000 $61,320
2013 $1,380 $66,320 $5,000 $61,320
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Penny Novak

    SKOGMAN REALTY

    Section Image

  • J

    Seller Co-Listing Agent in 2020

    Jaime Burczek

    SKOGMAN REALTY

    (319) 366-6427

    60 Total Sales

    Jaime Burczek
    Section Image

  • B

    Seller's Agent in 2019

    Bill Williamson

    SKOGMAN REALTY

    (319) 350-8888

    3 Total Sales

    Bill Williamson
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2005958

Cedar Rapids Area Association of REALTORS®

APN: 13253-77004-01076

Iowa Linn County Cedar Rapids 52404

4525 1st Ave SW Unit 5, Cedar Rapids, IA

Not Listed for Sale

Condos

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.

Nearby Homes