NOT LISTED FOR SALE

4627 1st Ave SW Unit 5 Cedar Rapids, IA 52405

Estimated Value: $97,000 - $103,000

2 Beds
1 Bath
900 Sq Ft
$110/mo HOA Fee

Last Sold September 06, 2016

Last sale price $53,600 $60 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $765/month

117 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Water Softener is Owned
  • Junction City Elementary School Rated A
  • Forced Air Cooling System

About This Home

As of September 2016

This home is located at 4627 1st Ave SW Unit 5, Cedar Rapids, IA 52405 since 29 April 2016 and is currently estimated at $99,568, approximately $110 per square foot. This property was built in 1997. 4627 1st Ave SW Unit 5 is a home located in Linn County with nearby schools including Junction City Elementary School, Hoover Elementary School, and Kentucky Tech - Ashland Reg Tech Center.

Last Agent to Sell the Property

Steven C Peterson

RE/MAX CONCEPTS Listed on: 04/29/2016

RE/MAX CONCEPTS

Last Buyer's Agent

Steven C Peterson

RE/MAX CONCEPTS Listed on: 04/29/2016

RE/MAX CONCEPTS

Property Details

Home Type

  • Condominium

Year Built

  • 1997

HOA Fees

  • $110 Monthly HOA Fees

Home Design

  • 900 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Tuck Under Parking

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Short Sale

Community Details

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Year Built

1997

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Style: Ranch
  • 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: 1374
  • List User Cell Phone: 319-551-3375
  • Net Tax: 1374
  • Other: Short Sale
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.83101
  • Ratio Close Price By Original Li: 0.83101
  • Ratio Current Price By Sq Ft: 59.56
  • Total Sq Ft: 900
  • Taxable Value Tv: 64600.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1997

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Electric, Water Heater – Gas, Water Softener - Own
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 4

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Drive Under
  • Garage Size: 10X20

Utilities

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

Condo/Co-op/Association

  • Association Fee: 110
  • Association: Yes

Lot Info

  • Lot Size: 700

Rental Info

  • Pets: Pets Not Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2017
Sold by
505 Walnut Llc
Bought by
A & K Property Management Llc
Current Estimated Value
$99,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,800
Outstanding Balance
$42,297
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$57,271

Purchase Details

Listed on
Apr 29, 2016
Closed on
Sep 8, 2016
Sold by
Mahnesmith Mckinsey L and Thompson Mckinsey L
Bought by
American Home Solutions Llc
Seller's Agent
Steven C Peterson
RE/MAX CONCEPTS
Buyer's Agent
Steven C Peterson
RE/MAX CONCEPTS
List Price
$64,500
Sold Price
$53,600
Premium/Discount to List
-$10,900
-16.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%

Purchase Details

Closed on
Feb 21, 2007
Sold by
Lang Robert W
Bought by
Thompson Mckinsey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,803
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2000
Sold by
Salas Victor A and Salas Rebecca Sue
Bought by
Lang Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,604
Interest Rate
8.05%
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
A & K Property Management Llc -- None Available
American Home Solutions Llc -- None Available
Thompson Mckinsey L $69,500 None Available
Lang Robert W $65,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A & K Property Management Llc $50,800
Previous Owner Thompson Mckinsey L $67,803
Previous Owner Lang Robert W $62,604
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2016 09/06/16 Sold $53,600 -16.9% $60 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $64,500 -- $72 / 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 $1,454 $67,500 $10,000 $57,500
2018 $1,386 $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 $1,397 $65,671 $5,000 $60,671
2014 $1,212 $65,671 $5,000 $60,671
2013 -- $65,671 $5,000 $60,671
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Steven C Peterson

    RE/MAX

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1605000

Cedar Rapids Area Association of REALTORS®

APN: 13253-77004-01028

Iowa Linn County Cedar Rapids 52404

4627 1st Ave SW Unit 5, Cedar Rapids, IA

Not Listed for Sale

Condos

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