NOT LISTED FOR SALE

4525 Armar Dr SE Unit 82 Cedar Rapids, IA 52403

Estimated Value: $120,000 - $124,000

2 Beds
2 Baths
1,126 Sq Ft
$115/mo HOA Fee

Last Sold June 10, 2019

Last sale price $94,000 $83 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $948/month

1 Day on Market

Highlights

  • Gated Community
  • Wooded Lot
  • L-Shaped Dining Room
  • Starry Elementary School Rated A-
  • Ranch Style House
  • 1 Car Attached Garage

About This Home

As of June 2019

Lovely FIRST floor condo, inside access to attached garage and no age restrictions in this association. Spacious family room with nice neutral paint with views of common area. The family room flows into the formalized dining area with slider to patio & grassy area. The kitchen features a LARGE walk-in pantry and all appliances remain. Master suite features a walk-in closet, cherry wood Thomasville armoire remains and private bath with separate tiled shower. The second bedroom is also spacious with large closet. Main bath features tiled surround tub/shower combination. NEW windows will be installed by May 2019, secured storage room, washer & dryer remain, newer insulated garage door, newer furnace & A/C, buzzer but no intercom and the $115/month includes water, sewer & garbage pickup. Only one dog allowed under 25lbs and must clean up after dog. (No cats allowed). SOLD AS IS. Close to shopping, restaurants & Collins Road.

Last Agent to Sell the Property

Marian Flink

SKOGMAN REALTY Listed on: 04/08/2019

SKOGMAN REALTY

Last Buyer's Agent

Doris Ackerman

KW Advantage

KW Advantage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,865

Year Built

  • 1984

HOA Fees

  • $115 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • 1,126 Sq Ft Home
  • Living Room
  • L-Shaped Dining Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Patio
  • Wooded Lot

Community Details

Overview

  • Handicap Modified Features In Community

Pet Policy

  • Pets Allowed

Additional Features

  • Community Storage Space
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,865

Year Built

1984

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1126
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Dining 'L', Kitchen/Dining Combo
  • Gross Tax: 1865
  • List User Cell Phone: 319-350-3992
  • Miscellaneous: Cable Ready, Patio
  • Net Tax: 1668
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98429
  • Ratio Close Price By Original Li: 0.98429
  • Ratio Current Price By Sq Ft: 83.48
  • Total Sq Ft: 1126
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1984

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Living Room
  • Basement: Slab
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Site Description: Wooded

Exterior Features

  • Exterior: Aluminum, Partial Brick

Garage/Parking

  • Garage/Parking: 1 Car, Attached
  • Garage Size: 1 Car

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Handicap Features, Secure Storage Area, Secured Entrance
  • Association Fee: 115
  • Association: Yes

Schools

  • Elementary School: Starry
  • Middle School: Vernon
  • High School: Marion

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2019
Closed on
Jun 5, 2019
Sold by
Demoss Arleen E and Dietrich Laura Ann
Bought by
Nollen Debra S
Seller's Agent
Marian Flink
SKOGMAN REALTY
Buyer's Agent
Doris Ackerman
KW Advantage
List Price
$95,500
Sold Price
$94,000
Premium/Discount to List
-$1,500
-1.57%
Current Estimated Value
$121,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,983
Avg. Annual Appreciation
4.64%
Original Mortgage
$6,580
Interest Rate
4.1%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 1, 2007
Sold by
Jost William V and Jost Carol A
Bought by
Demoss Arleen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Nollen Debra S $94,000 None Available
Demoss Arleen E $95,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nollen Debra $85,700
Closed Nollen Debra S $6,580
Closed Nollen Debra S $84,600
Previous Owner Demoss Arleen E $81,600
Previous Owner Jost William $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2019 06/10/19 Sold $94,000 -1.6% $83 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $95,500 -- $85 / 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
2024 $2,268 $124,800 $17,000 $107,800
2023 $2,268 $117,700 $17,000 $100,700
2022 $1,832 $107,800 $17,000 $90,800
2021 $1,906 $90,400 $12,000 $78,400
2020 $1,906 $89,500 $12,000 $77,500
2019 $1,812 $86,600 $12,000 $74,600
2018 $1,668 $86,600 $12,000 $74,600
2017 $1,746 $83,500 $7,000 $76,500
2016 $1,923 $83,500 $7,000 $76,500
2015 $1,981 $85,914 $7,000 $78,914
2014 $1,780 $85,914 $7,000 $78,914
2013 $1,726 $85,914 $7,000 $78,914
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1902456

Cedar Rapids Area Association of REALTORS®

APN: 14013-53001-01001