NOT LISTED FOR SALE

4627 1st Ave SW Unit 9 Cedar Rapids, IA 52405

Estimated Value: $98,000 - $105,000

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

Last Sold September 01, 2021

Last sale price $88,000 $98 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $815/month

1 Day on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Living Room
  • Main Floor Primary Bedroom
  • Forced Air Cooling System
  • Gas Fireplace

About This Home

As of September 2021

There is so much to love in this well cared for affordable 2-bedroom third floor condo. Enjoy beautiful sunsets from the shaded balcony year-round. You will love entertaining in the spacious living room with vaulted ceilings and gas fireplace. The laundry is enclosed right off the kitchen for convenience. The seller put in new flooring in the kitchen and bathroom in 2021. Both bedrooms have been freshly painted July 2021. There is a one stall car garage with easy access from the condo. All appliances including washer and dryer to remain with property. New roof on home and garage 2021. Home is conveniently located near main roads and is close to shopping and restaurants. The association allows one cat. Low association dues of $125 a month. Immediate possession.

Last Agent to Sell the Property

Deanna Howard

IOWA REALTY Listed on: 07/23/2021

IOWA REALTY

Last Buyer's Agent

Ashley Rance

Keller Williams Legacy Group

Keller Williams Legacy Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,663

Year Built

  • 1997

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 900 Sq Ft Home
  • Gas Fireplace
  • Living Room

Kitchen

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer

Parking

  • 1 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Community Details

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,663

Year Built

1997

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Above Grade Finished Sq Ft: 900
  • Association Fee Frequency: Month
  • Association Management: By Prop Mgmt.
  • 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: 1663
  • List User Cell Phone: 319-929-3836
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 1474
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 97.78
  • 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, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Living Room
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Gas
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 4

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 125
  • Association: Yes

Schools

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

Rental Info

  • Pets: # Of Pets Allowed, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Aug 12, 2021
Sold by
Kray Jennifer L
Bought by
Akula Bharani
Seller's Agent
Deanna Howard
IOWA REALTY
Buyer's Agent
Ashley Rance
Keller Williams Legacy Group
List Price
$88,000
Sold Price
$88,000
Current Estimated Value
$101,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,204
Avg. Annual Appreciation
3.47%
Original Mortgage
$70,400
Outstanding Balance
$62,763
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$37,940

Purchase Details

Closed on
Aug 14, 2013
Sold by
Gerardy Ryan J and Gerardy Amanda Jo
Bought by
Kray Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,249
Interest Rate
4.33%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 8, 2010
Sold by
Johnson Scott D
Bought by
Gerardy Ryan J and Rouse Amanda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,415
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Akula Bharani $88,000 None Available
Kray Jennifer L $72,500 None Available
Gerardy Ryan J $69,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akula Bharani $70,400
Previous Owner Kray Jennifer L $7,249
Previous Owner Gerardy Ryan J $59,415
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Sold $88,000 0.0% $98 / Sq Ft
07/24/2021 07/24/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $88,000 -- $98 / 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
2023 $1,634 $88,500 $13,000 $75,500
2022 $1,380 $77,500 $10,000 $67,500
2021 $1,420 $75,600 $10,000 $65,600
2020 $1,420 $73,000 $10,000 $63,000
2019 $1,272 $67,500 $10,000 $57,500
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 $1,368 $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: 2105008

Cedar Rapids Area Association of REALTORS®

APN: 13253-77004-01032