NOT LISTED FOR SALE

505 Crimson Dr NE Unit 5 Cedar Rapids, IA 52402

Estimated Value: $109,000 - $114,000

2 Beds
2 Baths
1,136 Sq Ft
$135/mo HOA Fee

Last Sold April 15, 2013

Last sale price $63,000 $55 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $889/month

222 Days on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • Eat-In Kitchen
  • Echo Hill Elementary School Rated A
  • 1 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of April 2013

Great, Clean 2 bedroom 2 bath condo near Rockwell. Kitchen updated with new counter tops and new cabinets. Very clean. Move in ready.

Last Agent to Sell the Property

Darryl Tower

SKOGMAN REALTY COMMERCIAL Listed on: 08/01/2012

Last Buyer's Agent

Paul Canas

Pinnacle Realty LLC

Pinnacle Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,370

Year Built

  • 1974

HOA Fees

  • $135 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,136 Sq Ft Home
  • Formal Dining Room

Kitchen

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,370

Year Built

1974

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1136
  • Association Fee Frequency: Month
  • 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: Eat-In Kitchen, Formal Dining
  • Gross Tax: 1370
  • List User Cell Phone: 319-360-8245
  • Miscellaneous: Cable Ready
  • Net Tax: 1020
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.91304
  • Ratio Close Price By Original Li: 0.86301
  • Ratio Current Price By Sq Ft: 55.46
  • Total Sq Ft: 1136
  • Tax Roll Number: 140310300201004
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1974

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Heater – Electric
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Garage/Parking: 1 Car, Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 135
  • Association: Yes

Schools

  • Elementary School: Echo Hill
  • Middle School: Oak Ridge
  • High School: Linn Mar

Lot Info

  • Lot Size: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2025
Sold by
Linn County Sheriff
Bought by
Wright Benjamin and Wright Cynthia
Total Days on Market
222
Current Estimated Value
$111,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Outstanding Balance
$108,617
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$2,394
Source: Public Records

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Range of Values:

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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
Wright Benjamin $77,557 None Listed On Document
Wright Benjamin $77,557 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Benjamin L $108,800
Previous Owner Montgomery Joseph $53,950
Previous Owner Montgomery Joseph $53,950
Previous Owner Montomery Joseph $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2013 04/15/13 Sold $63,000 -13.7% $55 / Sq Ft
03/11/2013 03/11/13 Pending -- -- --
08/01/2012 08/01/12 For Sale $73,000 -- $64 / 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 $1,594 $87,600 $15,000 $72,600
2022 $1,446 $82,000 $12,000 $70,000
2021 $1,536 $77,700 $12,000 $65,700
2020 $1,536 $77,300 $12,000 $65,300
2019 $1,366 $70,600 $12,000 $58,600
2018 $1,258 $70,600 $12,000 $58,600
2017 $1,363 $64,300 $5,000 $59,300
2016 $1,363 $64,300 $5,000 $59,300
2015 $1,541 $72,118 $5,000 $67,118
2014 $1,346 $72,118 $5,000 $67,118
2013 $1,294 $72,118 $5,000 $67,118
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Darryl Tower

    SKOGMAN REALTY COMMERCIAL

  • Paul Canas

    Buyer's Agent in 2013

    Paul Canas

    Pinnacle Realty LLC

    (319) 981-1450

    106 Total Sales

    Paul Canas
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1205726

Cedar Rapids Area Association of REALTORS®

APN: 14031-03002-01004

Iowa Linn County Cedar Rapids 52402

505 Crimson Dr NE Unit 5, Cedar Rapids, IA

This home is located at 505 Crimson Dr NE Unit 5, Cedar Rapids, IA 52402 since 01 August 2012 and is currently estimated at $111,011, approximately $97 per square foot. This property was built in 1974. 505 Crimson Dr NE Unit 5 is a home located in Linn County with nearby schools including Echo Hill Elementary School, Oak Ridge School, and Linn-Mar High School.

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