NOT LISTED FOR SALE

4627 1st Ave SW Unit 12 Cedar Rapids, IA 52405

Estimated Value: $98,000 - $102,000

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

Last Sold September 18, 2020

Last sale price $79,000 $88 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $785/month

5 Days on Market

Highlights

  • Gated Community
  • Vaulted Ceiling
  • 1 Car Detached Garage
  • Deck
  • Ranch Style House
  • Eat-In Kitchen

About This Home

As of September 2020

Can you say cute, cute. cute!! This 3rd floor condo is waiting for a new owner and you won't have do a thing. it's been freshly painted and maintained meticulously. 2 bedrooms, 1 full bath and lots of open space and a gas fireplace. Laundry is in the unit, it's close to tons of amenities , has a secured entrance, low association fees. The association allows one cat, but no dogs unless it's a service animal. Come see for yourself, it's perfect in every way!

Last Agent to Sell the Property

Bev Green

Realty87 Listed on: 07/09/2020

Realty87

Last Buyer's Agent

Kristie Freese

Keller Williams Legacy Group

Keller Williams Legacy Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,456

Year Built

  • 1997

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 900 Sq Ft Home
  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Intercom

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • 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

Additional Features

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,456

Year Built

1997

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 900
  • Association Fee Frequency: Month
  • Association Management: By Prop Mgmt.
  • Total Bathrooms: 1.00
  • Bedrooms Level 3: 2
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 3rd Floor +
  • Dining Features: Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 1456
  • List User Cell Phone: 319-310-4040
  • Miscellaneous: Cable Ready, Deck, Intercom, Vaulted Ceiling
  • Net Tax: 1272
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98750
  • Ratio Close Price By Original Li: 0.98750
  • Ratio Current Price By Sq Ft: 87.78
  • 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
  • Full Bathrooms: 1
  • Fireplace Features: Built In, Gas, Great Room
  • Level 3 Full Bathrooms: 1
  • Master Bedroom Level: Level 3

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

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

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

Schools

  • Elementary School: Hoover
  • Middle School: Roosevelt
  • High School: Jefferson

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: # Of Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Sep 17, 2020
Sold by
Meyer Jeffrey J and Meyer Wava J
Bought by
Hefel James
Seller's Agent
Bev Green
Realty87
Buyer's Agent
Kristie Freese
Keller Williams Legacy Group
List Price
$80,000
Sold Price
$79,000
Premium/Discount to List
-$1,000
-1.25%
Current Estimated Value
$99,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,857
Avg. Annual Appreciation
4.74%
Original Mortgage
$75,000
Outstanding Balance
$66,558
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$33,299

Purchase Details

Listed on
Jun 27, 2019
Closed on
Aug 27, 2019
Sold by
Strellner Bret
Bought by
Meyer Wava J and Meyer Jeffrey J
Seller's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Bev Green
Realty87
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$65,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 27, 2019
Closed on
Aug 20, 2019
Sold by
Strellner Shelly and Strellner Shelly A
Bought by
Strellner Bret
Seller's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Bev Green
Realty87
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2006
Sold by
Strellner Shelly A
Bought by
Strellner Bret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.47%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 22, 2004
Sold by
Strellner Shelly
Bought by
Strellner Bret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2001
Sold by
Cosgrove Robert E
Bought by
Rittenhouse Jesse R and Kuennen Jaclynn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,895
Interest Rate
7.16%
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
Hefel James $79,000 None Available
Meyer Wava J $75,000 None Available
Strellner Bret $75,000 None Available
Strellner Bret $75,000 None Available
Strellner Bret $75,000 None Available
Rittenhouse Jesse R $69,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hefel James $75,000
Previous Owner Meyer Wava J $65,000
Previous Owner Strellner Bret $56,000
Previous Owner Strellner Bret $73,000
Previous Owner Rittenhouse Jesse R $67,895
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2020 09/18/20 Sold $79,000 -1.3% $88 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $80,000 +6.7% $89 / Sq Ft
08/27/2019 08/27/19 Sold $75,000 0.0% $83 / Sq Ft View Prior Sale
08/01/2019 08/01/19 Pending -- -- --
06/27/2019 06/27/19 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 $1,566 $96,300 $13,000 $83,300
2024 $1,634 $88,500 $13,000 $75,500
2023 $1,634 $88,500 $13,000 $75,500
2022 $1,566 $77,500 $10,000 $67,500
2021 $1,610 $75,600 $10,000 $65,600
2020 $1,610 $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 $1,373 $64,600 $5,000 $59,600
2016 $1,373 $64,600 $5,000 $59,600
2015 $1,397 $65,671 $5,000 $60,671
2014 $1,212 $65,671 $5,000 $60,671
2013 $1,182 $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: 2005008

Cedar Rapids Area Association of REALTORS®

APN: 13253-77004-01035