NOT LISTED FOR SALE

4525 1st Ave SW Unit 8 Cedar Rapids, IA 52405

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

2 Beds
1 Bath
900 Sq Ft
$10/mo HOA Fee

Last Sold September 25, 2017

Last sale price $68,000 $76 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $643/month

50 Days on Market

Highlights

  • Gated Community
  • Deck
  • 1 Car Detached Garage
  • Junction City Elementary School Rated A
  • Ranch Style House
  • Eat-In Kitchen

About This Home

As of September 2017

This 2nd Floor Condo is Snappy and Attractive with many Updates. New 2016 Stack Washer and Dryer, updated Dishwasher, Trane Furnace Humidifier, Kitchen and Bath Faucets replaced, Oblong Comfort Height Stool, Upgraded Electric Rocker Switches, Living Room Ceiling Fan, New Oak Mantel over Gas Fireplace. New Carpet 2001, just cleaned. Keyless Entry Garage Door.

Last Agent to Sell the Property

Bob Hanson

IOWA REALTY Listed on: 06/19/2017

Last Buyer's Agent

Bev Green

Realty87

Realty87

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,388

Year Built

  • 1998

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 900 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,388

Year Built

1998

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 900
  • Association Fee Frequency: Year
  • Association Management: By Prop Mgmt., Start Up Fee
  • 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: 1388
  • List User Cell Phone: 319-360-1082
  • Miscellaneous: Cable Ready, Deck, Home Warranty
  • Net Tax: 1388
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97212
  • Ratio Close Price By Original Li: 0.97212
  • Ratio Current Price By Sq Ft: 75.56
  • Total Sq Ft: 900
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Zoning: Res
  • 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: 1st Floor Laundry
  • Basement: Slab
  • Full Bathrooms: 1
  • Fireplace Features: Built In, Gas, Living Room
  • Master Bedroom Level: Level 1
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached, Guest Parking, Off Street Parking, On Street Parking
  • Garage Size: 10X20

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Secured Entrance
  • Association Fee: 115
  • Association: Yes

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2017
Closed on
Sep 25, 2017
Sold by
Shedenhelm Thomas L and Shedenhelm Peggy S
Bought by
Edgerly Debra J
Seller's Agent
Bob Hanson
IOWA REALTY
Buyer's Agent
Bev Green
Realty87
List Price
$69,950
Sold Price
$68,000
Premium/Discount to List
-$1,950
-2.79%
Current Estimated Value
$99,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,266
Avg. Annual Appreciation
4.72%

Purchase Details

Closed on
Nov 8, 2012
Sold by
Shedenhelm Thomas Lynn
Bought by
Shedenhelm Thomas L and Shedenhelm Peggy S

Purchase Details

Closed on
Mar 10, 2001
Sold by
Gitsch Christopher A and Gitsch Melissa N
Bought by
Lee Tae Y and Lee Hyun S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
8.25%

Purchase Details

Closed on
Dec 9, 1998
Sold by
Wells & Ambrose Development Co Inc
Bought by
Gitsch Christopher A and Gitsch Melissa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,500
Interest Rate
7.25%
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
Edgerly Debra J -- None Available
Shedenhelm Thomas L -- None Available
Lee Tae Y $69,500 --
Gitsch Christopher A $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Tae Y $42,000
Previous Owner Gitsch Christopher A $64,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2017 09/25/17 Sold $68,000 -2.8% $76 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $69,950 -- $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 $1,334 $96,300 $13,000 $83,300
2024 $1,404 $89,500 $13,000 $76,500
2023 $1,404 $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 $1,400 $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

  • B

    Seller's Agent in 2017

    Bob Hanson

    IOWA REALTY

  • Bev Green

    Buyer's Agent in 2017

    Bev Green

    Realty87

    (319) 310-4040

    88 Total Sales

    Bev Green
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1706421

Cedar Rapids Area Association of REALTORS®

APN: 13253-77004-01079

Iowa Linn County Cedar Rapids 52404

4525 1st Ave SW Unit 8, Cedar Rapids, IA

Not Listed for Sale

Condos

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