NOT LISTED FOR SALE

4533 1st Ave SW Unit 10 Cedar Rapids, IA 52405

Estimated Value: $96,000 - $103,000

2 Beds
1 Bath
900 Sq Ft
1997 Built

Last Sold October 02, 2020

Last sale price $81,000 $90 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $664/month

4 Days on Market

Highlights

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

About This Home

As of October 2020

Absolutely adorable and updated top floor unit with vaulted ceilings and new laminate flooring. The kitchen truly makes this unit stand out from others with timeless white cabinetry with soft close doors, under cabinet lighting and stainless appliances. Other features include a nice sized deck, gas fireplace with tile accent and a modified laundry room to create additional storage. This is a great value for someone wanting a move-in ready unit, don’t delay in setting up your showing.

Last Agent to Sell the Property

Karl Hoffman

SKOGMAN REALTY COMMERCIAL Listed on: 08/27/2020

SKOGMAN REALTY COMMERCIAL

Last Buyer's Agent

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,456

Year Built

  • 1997

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 900 Sq Ft Home
  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room with Fireplace

Kitchen

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Community Details

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,456

Year Built

1997

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 900
  • 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: 1456
  • List User Cell Phone: 319-573-4509
  • Miscellaneous: Cable Ready, Deck, Vaulted Ceiling
  • Net Tax: 1272
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00124
  • Ratio Close Price By Original Li: 1.00124
  • Ratio Current Price By Sq Ft: 90.00
  • 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
  • Additional Room: 1st Floor Laundry
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Gas, Great 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

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit, Lawncaresnowremovalincluded

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: # Of Pets Allowed, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Oct 1, 2020
Sold by
Rogers Laurel A
Bought by
Furman Max
Seller's Agent
Karl Hoffman
SKOGMAN REALTY COMMERCIAL
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$80,900
Sold Price
$81,000
Premium/Discount to List
$100
0.12%
Current Estimated Value
$99,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,976
Avg. Annual Appreciation
4.15%
Original Mortgage
$8,100
Outstanding Balance
$4,285
Interest Rate
2.33%
Mortgage Type
New Conventional
Estimated Equity
$95,691

Purchase Details

Listed on
Jun 6, 2016
Closed on
Nov 21, 2016
Sold by
Fannie Mae and Federal National Mortgage Association
Bought by
Bogers Laurel A
Seller's Agent
Judi Mccoy
IOWA REALTY CORRIDOR
Buyer's Agent
Karl Hoffman
SKOGMAN REALTY COMMERCIAL
List Price
$74,900
Sold Price
$49,995
Premium/Discount to List
-$24,905
-33.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.28%
Original Mortgage
$39,996
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2008
Sold by
Joens Heather Lyn and Joens Kevin Francis
Bought by
Carte Brandon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,722
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2005
Sold by
Drahos Brian M and Drahos Shelley
Bought by
Dirks Heather Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 25, 2002
Sold by
Heinsen Barbara S
Bought by
Drahos Brian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
6.32%

Purchase Details

Closed on
Mar 27, 2001
Sold by
Bracy Anthony A and Bracy Terra L
Bought by
Heinsen Barbara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
7.02%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Furman Max $81,000 None Available
Furman Max $128,800 Skogman Erick
Bogers Laurel A -- --
Carte Brandon E $69,000 None Available
Dirks Heather Lyn $74,500 --
Drahos Brian M $68,000 --
Heinsen Barbara S $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Furman Max $8,100
Open Furman Max $72,900
Closed Furman Max $72,900
Previous Owner Bogers Laurel A $39,996
Previous Owner Carte Brandon E $68,722
Previous Owner Dirks Heather Lyn $75,000
Previous Owner Drahos Brian M $66,400
Previous Owner Heinsen Barbara S $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2020 10/02/20 Sold $81,000 +0.1% $90 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $80,900 +61.8% $90 / Sq Ft
11/18/2016 11/18/16 Sold $49,995 -33.3% $56 / Sq Ft View Prior Sale
08/29/2016 08/29/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $74,900 -- $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 $1,650 $101,500 $13,000 $88,500
2024 $1,726 $93,200 $13,000 $80,200
2023 $1,726 $93,200 $13,000 $80,200
2022 $1,654 $81,800 $10,000 $71,800
2021 $1,420 $79,800 $10,000 $69,800
2020 $1,420 $73,000 $10,000 $63,000
2019 $1,272 $69,300 $10,000 $59,300
2018 $1,202 $67,500 $10,000 $57,500
2017 $1,374 $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 $1,524 $65,671 $5,000 $60,671
2013 -- $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: 2006158

Cedar Rapids Area Association of REALTORS®

APN: 13253-77004-01069